Vehicle Steer-by-wire System market

Vehicle Steer-by-wire System Market - Global Outlook and Forecast 2022-2028

  • 28 January 2022
  • Automotive and Transportation
  • 74 Pages
  • Report code : PMR-6807145

  • 4.7 (158)

Vehicle Steer-by-wire System Market

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Vehicle steer-by-wire refers to a system that uses cables and wiring to electronically perform steering operations in a vehicle. In such a setup, there is no longer any mechanical connection between the input component for steering (e.g. the steering wheel) and the vehicle?s wheels. Instead, all steering commands are transmitted electrically by a control unit to a motor that then executes the steering movement, thereby causing the wheels to turn in a corresponding manner.

Vehicle Steer-by-wire System Market contains market size and forecasts of Vehicle Steer-by-wire System in Global, including the following market information:

Global Vehicle Steer-by-wire System Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global top five companies in 2021 (%)

The global Vehicle Steer-by-wire System market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Steering Wheel System Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Vehicle Steer-by-wire System include KYB Corporation, Nexteer Automotive, ZF, JTEKT Corporation, Bosch, Schaeffler Paravan, Danfoss, Mando and NSK and etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Vehicle Steer-by-wire System companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Vehicle Steer-by-wire System Market, by Type, 2017-2022, 2023-2028 ($ millions)

Global Vehicle Steer-by-wire System Market Segment Percentages, by Type, 2021 (%)

Steering Wheel System

Steering Actuator System

Electronic Control Unit

Fail-safe System

Global Vehicle Steer-by-wire System Market, by Application, 2017-2022, 2023-2028 ($ millions)

Global Vehicle Steer-by-wire System Market Segment Percentages, by Application, 2021 (%)

L3

L4-L5

Global Vehicle Steer-by-wire System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)

Global Vehicle Steer-by-wire System Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Vehicle Steer-by-wire System revenues in global market, 2017-2022 (estimated), ($ millions)

Key companies Vehicle Steer-by-wire System revenues share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

KYB Corporation

Nexteer Automotive

ZF

JTEKT Corporation

Bosch

Schaeffler Paravan

Danfoss

Mando

NSK

ThyssenKrupp

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