Global Automotive Steer-by-wire System Market Analysis & Forecasts 2018-2022, With an Expected CAGR of 8.22% - ResearchAndMarkets.com

DUBLIN--()--The "Global Automotive Steer-by-wire System Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The analysts forecast the global automotive steer-by-wire system market to grow at a CAGR of 8.22% during the period 2018-2022.

Automotive steer-by-wire system is a system which uses all-electric means for steering and eliminates the use of mechanical and hydraulic components, such as steering column, shaft, and gear reduction mechanism. In short, the steer-by-wire system eliminates the use of conventional steering system with electronic components, such as sensors and control modules.

The report covers the present scenario and the growth prospects of the global automotive steer-by-wire system market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

One trend in the market is growing implementation of advanced steering systems. The automotive industry is witnessing developments related to steering systems such as steering on demand system, quiet wheel system, stowable steering system, SBW system, and cyber secured advanced steering.

One driver in the market is benefits of SBW system. The global automotive SBW system market is growing in line with growing volume sales of luxury vehicles. SBW system is an electronic system with enhanced functional accuracy.

The report states that one challenge in the market is system reliability issues and acceptance level among consumers. The automotive SBW system finds challenges not only related to the functioning but also related to the level of acceptance among consumers. The passenger vehicle market is registering a high number of first-time users of autonomous technologies.

Companies Mentioned

  • Bosch
  • JTEKT Corporation
  • Nexteer Automotive
  • Nissan
  • thyssenkrupp

Key Topics Covered:

1: Executive Summary

2: Scope Of The Report

3: Research Methodology

4: Market Landscape

5: Market Sizing

6: Five Forces Analysis

7: Market Segmentation By Technology Type

8: Customer Landscape

9: Regional Landscape

10: Decision Framework

11: Drivers And Challenges

12: Market Trends

13: Vendor Landscape

14: Vendor Analysis

15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/c25lms/global_automotive?w=4

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Steering Systems and Components

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Steering Systems and Components