Drive By Wire Market Size, Industry Trends, Leading Players, Share and Forecast 2021-2027

The Global Drive By Wire Market size is expected to grow at an annual average of 4.3% during 2021-2027. Drive-by-wire refers to automotive technology that applies electronic systems to replace the vehicle’s existing mechanical systems such as throttle control, braking, steering and gear shifting. The use of drive-by-wire technology in passenger cars improves fault diagnosis and monitoring, which reduces vehicle maintenance costs. The system consists of an electromagnetic actuator that helps to regulate the amount of fuel supplied to the cylinder. The use of these systems also improves vehicle safety by providing computer control systems such as lane assist systems and electronic stability control.

A full report of Global Drive By Wire Market is available at: https://www.orionmarketreports.com/drive-by-wire-market/46250/

The following Segmentation are covered in this report:

By Application: 

  • Throttle-by-wire
  • Shift-by-wire
  • Steer-by-wire
  • Park-by-wire
  • Brake-by-wire

By Component:

  • Electronic Control Unit
  • Engine Control Module
  • Actuator
  • Feedback Motor
  • Parking Pawl
  • Electronic Throttle Control Module
  • Electronic Transmission Control Unit

By Sensor Type:

  • Throttle pedal sensor
  • Throttle position sensor
  • Pinion Angle Sensor
  • Hand wheel angle sensor
  • Gear shift position sensor
  • Park sensor
  • Brake Pedal Sensor

By on-highway vehicle type:

  • PC
  • LCV
  • Trucks
  • Buses

By off-highway vehicle type:

  • Agricultural Tractors
  • Construction & Mining Equipment
  • Forklift

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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)