Automotive Steer-by-Wire System Market Report 2024 to 2030

Automotive Steer-by-Wire System Market Overview

Automotive Steer-by-Wire System Market is expected to grow rapidly at a 7.9% CAGR consequently, it will grow from its existing size of from $3.2 billion in 2023 to $ 6 billion by 2030.

The market for the Automotive Steer-by Wire System refers to the expanding sector in the automotive industry which involves the development, manufacturing and installation of steer-by wire (SBW) technology within automobiles.

Steer-by-wire is a revolutionary and advanced system of steering that replaces traditional mechanical links between the steering wheel as well as wheels by replacing these with electronic controls.

This technology allows vehicles to be controlled electronically, providing many benefits, including the flexibility of design as well as energy efficiency and a better driving experience.

In a traditional steering system there is a physical connection like a steering column, connects the driver's input to the steering wheel with the actual motion that the wheel makes. Steer-by wire, however is dependent on sensors and electronic control units (ECUs) and actuators to translate drivers' inputs into commands for steering.

This electronic interface provides greater precision, responsiveness and a more customized steering experience.

One of the major benefits for SBW technology is its potential for improved efficiency of fuel consumption and less emissions. Through the elimination of mechanical components and enhancing their steering performance, cars with the steer-by wire technology will achieve higher fuel efficiency.

In addition, SBW systems enable innovative design of vehicles, since there is no requirement for traditional steering columns which allows for more flexibility in the layout of the cabin and overall design.

Automotive steering-by-wire systems is seeing significant growth due to the continuous technological advancements in vehicle automation as well as electrification and connectivity. In the race to design safer more efficient, cleaner, and technologically advanced vehicles.

Steer-by-wire technology plays an important part in shaping the future of design for automobiles. But, issues like the need for regulatory compliance, safety concerns and the need for standardization remain obstacles in the way of widespread acceptance.

In the end it is clear that it is clear that the Automotive Steer-by-Wire System Market is an ever-changing and dynamic market that is an evolution in technology for steering.

As the market continues to embrace technology innovation and technology, use of steer-by wire systems is anticipated to grow, giving an opportunity to see the future of intelligent and effective control of vehicles.

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Trends 2024

More Popularity of Electric as well as Autonomous Vehicles: Steer-by-wire technology was predicted to see a rise in adoption particularly in autonomous and electric vehicles. The technology of drive-by-wire is in line with the needs of autonomous and electric vehicles that provide greater control and a greater degree of flexibility in the design of vehicles.

Advanced Driver Assistance Systems (ADAS) Integration: Integration with ADAS features was anticipated to be a major trend. Steer-bywire systems work combination with advanced driver assistance systems to increase the safety of drivers and enhance their overall experience, making way for automated features.

The Regulatory Developments and Standardization: The industry is likely to be witness to further regulatory developments and efforts to standardize. The regulatory and government bodies could adopt guidelines and standards that will ensure the security and reliability of steer-by wire systems, and encourage the widespread use of these systems.

Continued Innovation for Better Safety: Ongoing research and development efforts were anticipated to concentrate on improving the safety features of steer-by-wire systems. Redundancy mechanisms, failsafes, and strong cybersecurity measures will likely be areas for innovation to solve safety issues.

Market Growth in Emerging Markets: The market for steer-by wire systems could expand within emerging countries as auto technology becomes more readily available. The growing market for automotive in areas like Asia-Pacific are expected to boost the acceptance of steer-by wire systems.

Automotive Steer-by-Wire System Market Dynamics

Growth Drivers

The increased benefits from the SBW system are driving market's growth

The benefits offered by SBW's advantages SBW system are among the major factors driving the CAGR of market for automobile steering-by-wire (SbW) system. A system with a higher level of electronic performance will be one of the advantages offered by an SBW system.

The most significant advantage from SBW systems for car-related equipment is that they lighten the car, which improves fuel efficiency. With fewer mechanical linkages and other components that are not mechanically linked, the SBW system increases the safety of vehicles by reducing the risk of collisions.

The modular design of SBW systems is the result of ongoing development, which speeds production. The addition of an active steering system to SBW can improve the handling of vehicles and improve your active lane-control system in the vehicle. In the future this benefit will boost the market for auto steer-by wire (SbW) devices.

The rising use of sophisticated auto steering systems is one of the key market trends for automobile steer-by wire systems, which is leading to market growth.

Restraints

Despite the positive benefits and technological advances that are related to Automotive Steer-by-Wire (SBW) Systems The market is facing several major limitations. The biggest obstacle is the regulatory environment and safety regulations.

The use of steer-by-wire technology demands strict safety standards to ensure the quality and safety of the systems. Regulators may require rigorous tests and certification procedures that slow down the use of SBW systems while manufacturers strive to conform to these standards.

Security concerns are also an obstacle to the development of market. The transition from mechanics-based steering mechanisms to digital can raise concerns about the possibility of malfunctions in the system, cyber-attacks as well as the general dependability of the technology known as steer-by-wire.

In the wake of these issues, establishing solid fail-safe mechanisms is essential to gaining trust from consumers as well as regulatory acceptance.

Another limitation is the large initial costs involved in the creation as well as the integration SBW systems. SBW technology requires sophisticated sensor technology, electronic parts and control units, which contribute to increased manufacturing costs.

The increased cost could discourage certain manufacturers from using SBW systems into their vehicles, specifically in highly competitive markets.

Standardization and interoperability issues also hinder the widespread use of SBW systems. Lack of universal standards can create problems with compatibility between different manufacturers, and may limit the interchangeability of parts.

The lack of standardization hampers the likelihood of widespread adoption and integration into other systems in the vehicle in a seamless manner.

Furthermore, the automobile industry's inertia to make radical advancements in the field of steering technology could serve as a stumbling block.

Consumers and manufacturers may show resistance to switching from established mechanical steering systems to more modern, electronic options because of concerns over reliability, familiarity as well as the long-term reliability.

Automotive Steer-by-Wire System Market Segment Analysis

Automotive Steer-by-Wire System Propulsion Type Insights

The market for the automotive steer-by-wire system segmentation, based upon the type of propulsion used, comprises ICE along with Electric. The ICE segment was the most popular. ICE vehicles require a power steering pump that is able to provide the proper hydraulic pressure to power an engine.

But, the electric segment is predicted to dominate the forecast time frame and show the most significant CAGR. The rise is due to the shift towards electric cars that have cutting-edge features.

Automotive Steer-by-Wire System Vehicle Type Insights

The market for the automotive steer-by wire system segmentation according to vehicle type is comprised of passengers Car, Light Commercial Vehicle and Heavy Commercial Vehicle. The category of passenger cars produced the highest income.

The growth of the market for passenger cars is in large part due to the growing demand for luxury electric vehicles that are more likely of having a steer-by-wire system installed. The increasing disposable income of individuals around the globe is a good reason to increase this demand. Automotive steer-by wire systems has grown significantly in recent years as a result of the immense growth in premium passenger vehicles.

Automotive Steer-by-Wire System Component Insights

The market for automotive steer-by wire systems segmentation, based on components which comprises Feedback Motors, Angular Sensors, Steering Actuators and Others. The category of angular sensors generated the highest amount of revenue due to its application in all types of automobiles. In addition, steering actuators are utilized in more often in car steering systems.

In the forecast period, the market for feedback motors are expected to increase significantly. However, the market for angular sensors segment is predicted to be leading by revenue and show the highest CAGR. In the steer-by-wire systems for automobiles this sensor's angle is essential as it provides to the electronics control unit (ECU) the information it requires to control the steering motor and guarantee secure and efficient steering.

Competitive Landscape of the Automotive Steer-by-Wire System Market

• Nissan Motor Company Ltd (Japan)
• ZF Friedrichshafen AG (Germany)
• JTEKT Corporation (Japan)
• Thyssenkrupp AG (Germany)
• Paravan GmbH (Germany)
• Nexteer Automotive (US)
• Danfoss Power Solutions, Inc. (US)
• SKF (Sweden)
• LORD Corporation (US)
• Eaton Corporation (Republic of Ireland)

New Developments

13 Nov 2023- Brake-by-Wire: Purely electric brake system of the future by ZF for software-defined vehicles

Shanghai, China. At its Next Generation Mobility Day in Shanghai, ZF presents a new, purely electro-mechanical brake system for the first time. Braking force is generated at each wheel by an electric motor, i.e. without a hydraulic system and brake fluid. The brake system was developed at ZF's development centers in China, the USA, and Germany for the global market.

January 2018:  Nexteer Automotive Group Limited has launched a new manufacturing system- Digital Trace Manufacturing. This system uses the latest data analytics and technologies for the most advanced & integrated approach to design and manufacture system. This will help to provide consumers high-quality product performance.

Automotive Steer-by-Wire System Market Regional Insights

Europe the market for automotive steer-by-wire systems is the second largest market share due to it encompassing significant auto-consuming nations like Germany and countries like the UK, Italy, Spain and Russia. The top automakers in Europe continue to increase public awareness of the latest technologies and their availability at lower prices and are expected to boost demand for new auto technologies and components such as steer-by-wire systems.

Additionally there was a German market for automotive steer-by-wire systems had the highest market share, while the UK market for automotive steer-by-wire systems was the fastest-growing market within the European region.

In advanced regions like North America and Europe, the market for SBW systems is more mature because of the greater use of modern automotive technology and the regulatory framework that promotes the development of new technologies.

There are established automobile companies and a technologically-savvy consumer base in these regions has led to the first adoption of steer-by-wire technology, with a primary focus on improving quality and safety.

In Asia-Pacific which comprises key automotive markets like China, Japan, and South Korea, the SBW market is influenced by a mix of technological advancements as well as growing demand for the auto industry.

This region is a major hub for manufacturing of automobiles and the need for innovative solutions to ease congestion in the traffic system and boost efficiency in fuel consumption has led to the growing interest in steer-by-wire systems. However, the diverse regulatory landscape and different levels of knowledge among consumers may cause regional differences in the adoption rate.

In emerging markets like Latin America, the Middle East and Africa and the Middle East, the introduction of SBW systems is more gradual. These regions are often faced with economic problems and also have higher proportions of traditional fleets.

The acceptance of the latest technology in the automotive industry, including steer-by wire can be affected by factors like the development of infrastructure, initiatives by governments as well as the overall economic situation. Regulation frameworks and acceptance by consumers will play a major role in determining the speed and speed of SBW system integration within these regions.

Segments Covered in the Automotive Steer-by-Wire System Market

Automotive Steer-by-Wire System Propulsion Type Outlook (USD Billion, 2023-2030)

• ICE
• Electric

Automotive Steer-by-Wire System Vehicle Type Outlook (USD Billion, 2023-2030)

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Automotive Steer-by-Wire System Component Outlook (USD Billion, 2023-2030)

• Feedback Motors
• ANGULAR SENSORS
• Steering Actuators
• Others

Frequently Asked Questions:

How big Automotive Steer-by-Wire System Market?

Automotive Steer-by-Wire System Market is expected to grow rapidly at a 7.9% CAGR consequently, it will grow from its existing size of from $3.2 billion in 2023 to $ 6 billion by 2030.

What is the future outlook for the Automotive Steer-by-Wire System Market?

The future outlook for the Automotive Steer-by-Wire System Market suggests continued growth, driven by advancements in electric and autonomous vehicles, increased emphasis on safety and regulatory compliance, and ongoing collaborations for technology standardization. However, challenges related to cost, safety concerns, and industry adaptation may influence the pace of widespread adoption.

What applications do Automotive Steer-by-Wire System have?

Automotive Steer-by-Wire Systems are used in various applications, including electric and autonomous vehicles, offering precise control, improved safety features, and flexibility in vehicle design by eliminating the need for traditional mechanical steering components. They enhance driving experience and enable innovative advancements in automotive technology.

Which Are the Top Companies Hold the Market Share in Automotive Steer-by-Wire System Market?

The report profiles key players such as Nissan Motor Company Ltd (Japan), ZF Friedrichshafen AG (Germany), JTEKT Corporation (Japan), and Thyssenkrupp AG (Germany), Paravan GmbH (Germany), Nexteer Automotive (US), Danfoss Power Solutions, Inc. (US), SKF (Sweden), LORD Corporation (US), and Eaton Corporation (Republic of Ireland).

Table of Content

1 Executive Summary

2 Scope of The Report

2.1 Market Definition

2.2 Scope of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

5 Global Automotive Steer-By-Wire System Market, By Component

5.1 Introduction

5.2 Feedback Motor

5.2.1 Market Estimates & Forecast, 2023-2030

5.2.2 Market Estimates & Forecast, By Region, 2023-2030

5.3 Angular Sensors

5.3.1 Market Estimates & Forecast, 2023-2030

5.3.2 Market Estimates & Forecast, By Region, 2023-2030

5.4 Steering Actuator

5.4.1 Market Estimates & Forecast, 2023-2030

5.4.2 Market Estimates & Forecast, By Region, 2023-2030

5.5 Others

5.5.1 Market Estimates & Forecast, 2023-2030

5.5.2 Market Estimates & Forecast, By Region, 2023-2030

6 Global Automotive Steer-By-Wire System Market, By Propulsion Type

6.1 Introduction

6.2 ICE

6.2.1 Market Estimates & Forecast, 2023-2030

6.2.2 Market Estimates & Forecast, By Region, 2023-2030

6.3 Electric

6.3.1 Market Estimates & Forecast, 2023-2030

6.3.2 Market Estimates & Forecast, By Region, 2023-2030

7 Global Automotive Steer-By-Wire System Market, By Vehicle Type

7.1 Introduction

7.2 Passenger Car

7.2.1 Market Estimates & Forecast, 2023-2030

7.2.2 Market Estimates & Forecast, By Region, 2023-2030

7.3 Light Commercial Vehicle

7.3.1 Market Estimates & Forecast, 2023-2030

7.3.2 Market Estimates & Forecast, By Region, 2023-2030

7.4 Heavy Commercial Vehicle

7.4.1 Market Estimates & Forecast, 2023-2030

7.4.2 Market Estimates & Forecast, By Region, 2023-2030

8 Global Automotive Steer-By-Wire System Market, By Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, 2023-2030

8.2.2 Market Estimates & Forecast, By Component, 2023-2030

8.2.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.2.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.2.6 US

8.2.6.1 Market Estimates & Forecast, 2023-2030

8.2.6.2 Market Estimates & Forecast, By Component, 2023-2030

8.2.6.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.2.6.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.2.7 Canada

8.2.7.1 Market Estimates & Forecast, 2023-2030

8.2.7.2 Market Estimates & Forecast, By Component, 2023-2030

8.2.7.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.2.7.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.2.8 Mexico

8.2.8.1 Market Estimates & Forecast, 2023-2030

8.2.8.2 Market Estimates & Forecast, By Component, 2023-2030

8.2.8.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.2.8.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.3 Europe

8.3.1 Market Estimates & Forecast, 2023-2030

8.3.2 Market Estimates & Forecast, By Component, 2023-2030

8.3.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.3.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.3.6 UK

8.3.6.1 Market Estimates & Forecast, 2023-2030

8.3.6.2 Market Estimates & Forecast, By Component, 2023-2030

8.3.6.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.2.6.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.3.7 Germany

8.3.7.1 Market Estimates & Forecast, 2023-2030

8.3.7.2 Market Estimates & Forecast, By Component, 2023-2030

8.3.7.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.3.7.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.3.8 France

8.3.8.1 Market Estimates & Forecast, 2023-2030

8.3.8.2 Market Estimates & Forecast, By Component, 2023-2030

8.3.8.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.3.8.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.3.9 Italy

8.3.9.1 Market Estimates & Forecast, 2023-2030

8.3.9.2 Market Estimates & Forecast, By Component, 2023-2030

8.3.9.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.3.9.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.3.10 Rest Of Europe

8.3.10.1 Market Estimates & Forecast, 2023-2030

8.3.10.2 Market Estimates & Forecast, By Component, 2023-2030

8.3.10.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.3.10.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, 2023-2030

8.4.2 Market Estimates & Forecast, By Component, 2023-2030

8.4.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.4.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.4.6 China

8.4.6.1 Market Estimates & Forecast, 2023-2030

8.4.6.2 Market Estimates & Forecast, By Component, 2023-2030

8.4.6.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.4.6.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.4.7 Japan

8.4.7.1 Market Estimates & Forecast, 2023-2030

8.4.7.2 Market Estimates & Forecast, By Component, 2023-2030

8.4.7.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.4.7.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.4.8 India

8.4.8.1 Market Estimates & Forecast, 2023-2030

8.4.8.2 Market Estimates & Forecast, By Component, 2023-2030

8.4.8.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.4.8.4 Market Estimates & Forecast, By Vehicle Type 2023-2030

8.4.9 Rest Of Asia-Pacific

8.4.9.1 Market Estimates & Forecast, 2023-2030

8.4.9.2 Market Estimates & Forecast, By Component, 2023-2030

8.4.9.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.4.9.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

8.5 Rest Of The World

8.5.1 Market Estimates & Forecast, 2023-2030

8.5.2 Market Estimates & Forecast, By Component, 2023-2030

8.5.3 Market Estimates & Forecast, By Propulsion Type, 2023-2030

8.5.4 Market Estimates & Forecast, By Vehicle Type, 2023-2030

9 Competitive Landscape

10 Company Profile

10.1 Nissan Motor Company Ltd (Japan)

10.1.1 Company Overview

10.1.2 Products/Services Offering

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Strategy

10.1.6 SWOT Analysis

10.2 ZF Friedrichshafen AG (Germany)

10.2.1 Company Overview

10.2.2 Products/Services Offering

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Strategy

10.2.6 SWOT Analysis

10.3 JTEKT Corporation (Japan)

10.3.1 Company Overview

10.3.2 Products/Services Offering

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Strategy

10.3.6 SWOT Analysis

10.4 ThyssenKrupp AG (Germany)

10.4.1 Company Overview

10.4.2 Products/Services Offering

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Strategy

10.4.6 SWOT Analysis

10.5 Paravan GmbH (Germany)

10.5.1 Company Overview

10.5.2 Products/Services Offering

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Strategy

10.5.6 SWOT Analysis

10.6 Nexteer Automotive (US)

10.6.1 Company Overview

10.6.2 Products/Services Offering

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Strategy

10.6.6 SWOT Analysis

10.7 Danfoss Power Solutions, Inc. (US)

10.7.1 Company Overview

10.7.2 Products/Services Offering

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Strategy

10.7.6 SWOT Analysis

10.8 SKF (Sweden)

10.8.1 Company Overview

10.8.2 Products/Services Offering

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Strategy

10.8.6 SWOT Analysis

10.9 LORD Corporation (US)

10.9.1 Company Overview

10.9.2 Products/Services Offering

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Strategy

10.9.6 SWOT Analysis

10.10 Eaton Corporation (Republic Of Ireland)

10.10.1 Company Overview

10.10.2 Products/Services Offering

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Strategy

10.10.6 SWOT Analysis

List Of Tables

Table 1 Global Automotive Steer-By-Wire System Market, By Region, 2023-2030

Table 2 North America: Automotive Steer-By-Wire System Market, By Country, 2023-2030

Table 3 Europe: Automotive Steer-By-Wire System Market, By Country, 2023-2030

Table 4 Asia-Pacific: Automotive Steer-By-Wire System Market, By Country, 2023-2030

Table 5 RoW: Automotive Steer-By-Wire System Market, By Country, 2023-2030

Table 6 Global Automotive Steer-By-Wire System Market, By Component, By Regions, 2023-2030

Table 7 North America: Automotive Steer-By-Wire System Market, By Component, By Country, 2023-2030

Table 8 Europe: Automotive Steer-By-Wire System Market, By Component, By Country, 2023-2030

Table 9 Asia-Pacific: Automotive Steer-By-Wire System Market, By Component, By Country, 2023-2030

Table 10 RoW: Automotive Steer-By-Wire System Market, By Component, By Country, 2023-2030

Table 11 Global Automotive Steer-By-Wire System By Propulsion Type Market, By Regions, 2023-2030

Table 12 North America: Automotive Steer-By-Wire System Market, By Propulsion Type: By Country, 2023-2030

Table 13 Europe: Automotive Steer-By-Wire System Market, By Propulsion Type: By Country, 2023-2030

Table 14 Asia-Pacific: Automotive Steer-By-Wire System Market, By Propulsion Type: By Country, 2023-2030

Table 15 RoW: Automotive Steer-By-Wire System Market, By Propulsion Type: By Country, 2023-2030

Table 16 Global Automotive Steer-By-Wire System By Vehicle Type Market, By Regions, 2023-2030

Table 17 North America: Automotive Steer-By-Wire System Market, By Vehicle Type: By Country, 2023-2030

Table 18 Europe: Automotive Steer-By-Wire System Market, By Vehicle Type: By Country, 2023-2030

Table 19 Asia-Pacific: Automotive Steer-By-Wire System Market, By Vehicle Type: By Country, 2023-2030

Table 20 RoW: Automotive Steer-By-Wire System Market, By Vehicle Type: By Country, 2023-2030

Table 21 Global Automotive Steer-By-Wire System Market, By Region, 2023-2030

Table 22 Global Automotive Steer-By-Wire System Market, By Component, 2023-2030

Table 23 Global Automotive Steer-By-Wire System Market, By Propulsion Type, 2023-2030

Table 24 Global Automotive Steer-By-Wire System Market, By Vehicle Type, 2023-2030

Table 25 North America: Automotive Steer-By-Wire System Market, By Country

Table 26 North America: Automotive Steer-By-Wire System Market, By Component

Table 27 North America: Automotive Steer-By-Wire System Market, By Propulsion Type

Table 28 North America: Automotive Steer-By-Wire System Market, By Vehicle Type

Table 29 Europe: Automotive Steer-By-Wire System Market, By Country

Table 30 Europe: Automotive Steer-By-Wire System Market, By Component

Table 31 Europe: Automotive Steer-By-Wire System Market, By Propulsion Type

Table 32 Europe: Automotive Steer-By-Wire System Market, By Vehicle Type

Table 33 Asia-Pacific: Automotive Steer-By-Wire System Market, By Country

Table 34 Asia-Pacific: Automotive Steer-By-Wire System Market, By Component

Table 35 Asia-Pacific: Automotive Steer-By-Wire System Market, By Propulsion Type

Table 36 Asia-Pacific: Automotive Steer-By-Wire System Market, By Vehicle Type

Table 37 RoW: Automotive Steer-By-Wire System Market, By Region

Table 38 RoW: Automotive Steer-By-Wire System Market, By Component

Table 39 RoW: Automotive Steer-By-Wire System Market, By Propulsion Type

Table 40 RoW: Automotive Steer-By-Wire System Market, By Vehicle Type

List of Figures

FIGURE 1 Research Process Of MRS

FIGURE 2 Top-Down & Bottom-Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

FIGURE 8 Global Automotive Steer-By-Wire System Market Share, By Component, 2023 (%)

FIGURE 9 Global Automotive Steer-By-Wire System Market, By Component, 2023-2030 (USD MILLION)

FIGURE 10 Global Automotive Steer-By-Wire System Market Share, By Propulsion Type, 2023 (%)

FIGURE 11 Global Automotive Steer-By-Wire System Market, By Propulsion Type, 2023-2030 (USD MILLION)

FIGURE 12 Global Automotive Steer-By-Wire System Market Share, By Vehicle Type, 2023 (%)

FIGURE 13 Global Automotive Steer-By-Wire System Market, By Vehicle Type, 2023-2030 (USD MILLION)

FIGURE 14 Global Automotive Steer-By-Wire System Market Share (%), BY REGION, 2023

FIGURE 15 Global Automotive Steer-By-Wire System Market, By Region, 2023-2030 (USD MILLION)

FIGURE 16 North America: Automotive Steer-By-Wire System Market Share (%), 2023

FIGURE 17 North America: Automotive Steer-By-Wire System Market, By Country, 2023-2030 (USD MILLION)

FIGURE 18 Europe: Automotive Steer-By-Wire System Market Share (%), 2023

FIGURE 19 Europe: Automotive Steer-By-Wire System Market, By Country, 2023-2030 (USD MILLION)

FIGURE 20 Asia-Pacific: Automotive Steer-By-Wire System Market Share (%), 2023

FIGURE 21 Asia-Pacific: Automotive Steer-By-Wire System Market, By Country, 2023-2030 (USD MILLION)

FIGURE 22 Rest Of The World: Automotive Steer-By-Wire System Market Share (%), 2023

FIGURE 23 Rest Of The World: Automotive Steer-By-Wire System Market, By Country, 2023-2030 (USD MILLION)

Segments Covered in the Automotive Steer-by-Wire System Market

Automotive Steer-by-Wire System Propulsion Type Outlook (USD Billion, 2023-2030)

• ICE
• Electric

Automotive Steer-by-Wire System Vehicle Type Outlook (USD Billion, 2023-2030)

• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle

Automotive Steer-by-Wire System Component Outlook (USD Billion, 2023-2030)

• Feedback Motors
• ANGULAR SENSORS
• Steering Actuators
• Others