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Automotive Steer-by-wire System Market 2016 Share, Size, Trends, Growth, Research, Analysis and Forecast to 2020


Global Automotive Steer-by-wire System Market 2016-2020 new research report added by Sandlerresearch.org under the  automotive  category, the analysts forecast global automotive steer-by-wire (SBW) system market to grow at a CAGR of 28.49% during the period 2016-2020.

An automotive steering system acts as a direct line of control and communication between the driver and the vehicle. From being rigid mechanisms, automotive steering systems have evolved to more technologically advanced, reliable, smooth, and easy-to-use systems. Modern automotive steering systems are equipped with advanced safety systems and advanced driver assistance systems (ADAS) such as airbags (in steering wheels), anti-lock braking system (ABS), autonomous cruise control (ACC), and electric power-assisted steering (EPAS) to ensure safe and smooth driving and to provide improved directional stability and agility to the vehicle.

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Covered in this report

The report covers the present scenario and the growth prospects of the global automotive steer-by-wire (SBW) system market for 2016-2020. To calculate the size of the market, we have considered the production data for automobiles (passenger cars: luxury, mid-level, and entry-level segments, and light commercial vehicles (LCVs) and the annual production numbers of luxury cars (for a few select OEMs based on our research study).

The market is divided into the following segments based on geography:

  • APAC
  • Europe
  • Latin America
  • Middle East and Africa
  • North America

The report, Global Automotive Steer-By-Wire (SBW) System Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key vendors

  • Nissan
  • Bosch Automotive Steering
  • JTEKT
  • ThyssenKrupp
  • Paravan

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Market driver

  • Increased fuel efficiency
  • For a full, detailed list, view our report

Market challenge

  • Safety and security of SBW systems
  • For a full, detailed list, view our report

Market trend

  • Use of highly redundant systems in SBW technology
  • For a full, detailed list, view our report

Key questions answered in this report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

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