Global Automotive Steer-by-wire System Market - Top Industry Insights by Technavio

Technavio has published a new market research report on the global automotive steer-by-wire system market from 2018-2022.

LONDON--()--Market research firm Technavio has announced the release of their latest report on the global automotive steer-by-wire (SBW) system market. This new report will provide expert market insights for the forecast period 2018-2022.

The new report will follow up on Technavio’s previous report and present an updated analysis of the current competitive landscape and global environment. The report also provides new predictions for the forecast period based on an in-depth study of the market.

The upgraded research report on the automotive steer-by-wire system market is an integral part of Technavio’s automotive electronics portfolio. Technavio covers an extensive range of market research reports on the automotive electronics market, covering different regions and top industry segments. Some of the topics include automotive radar sensors, commercial vehicle remote diagnostics, connected car market, automotive connected car platform, and electric vehicle battery thermal management system.

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Automotive steer-by-wire system: market growth opportunities

Technavio’s previous report on the global automotive steer-by-wire system market projected that Europe showed the highest potential in 2015 with a market share of nearly 40% when compared to APAC, Latin America, North America, and MEA. One of the world's biggest producers of motor vehicles is the European Union, and the automotive sector represents one of the largest foreign and private investments in R&D in this region. The region’s growth can be attributed to the high luxury automotive sales among the ultra-rich and rich upper-middle-class population of the region.

In the previous report, a senior research analyst at Technavio stated, “SBW is the next developing stage of automotive steering systems which focuses towards a fully autonomous vehicle technology. It consists of electronic control units, steering assist motors, and sensors which replace the conventional clutch and mechanical steering column linkages in vehicles. Factors such as the growing customer demand for safer and fuel-efficient vehicles and uni-drive systems will drive the growth of the market in the future.”

Technavio’s new on the report on the global automotive steer-by-wire system market will evaluate the key geographical regions and their behavior over the past four years, introducing new data and observations and providing new predictions.

Looking for the latest information on the global automotive steer-by-wire system market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Detailed analysis at your fingertips

Some of the topics that will be revisited in the new report include:

  • Market size and growth rate through 2022
  • Top factors driving the market growth
  • Emerging trends in the market
  • Market opportunities and factors impeding growth

The report on the global automotive steer-by-wire system market for the period 2018-2022 is available to order now and will be delivered within one week of purchase.


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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200

Release Summary

Market research firm Technavio has announced the release of their new report on the global automotive steer-by-wire (SBW) system market for 2018-2022.


Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200