[email protected] +44 20 8123 2220 (UK) +1 732 587 5005 (US) Contact Us | FAQ |

Asia Pacific Drive by Wire Market Size study, by Application (Throttle by Wire, Shift by Wire, Brake by Wire, Park by Wire, Steer by Wire) by Vehicle Type (Passenger Car, Commercial Vehicle, Electric Vehicle, Off-highway Vehicles) by Component (Actuator, Electronic Control Unit (ECU), Engine Control Module (ECM), Electronic Throttle Control Module (ETCM), Electronic Transmission Control Unit (ETCU), Feedback Motor, Parking Pawl, Sensors, Others) and Country Forecasts 2022-2032

July 2024 | 200 pages | ID: A60D8F9C9082EN
Bizwit Research & Consulting LLP

US$ 6,250.00

E-mail Delivery (PDF), Hard Copy Mail Delivery

Download PDF Leaflet

Accepted cards
Wire Transfer
Checkout Later
Need Help? Ask a Question
Asia Pacific Drive by Wire Market is valued approximately USD 9.12 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 7.89% over the forecast period 2024-2032. Drive by wire (DBW) systems replace traditional mechanical control systems (like throttle cables) with electronic controls, enhancing vehicle performance, safety, and efficiency. This technology enables smoother acceleration, better fuel efficiency, and facilitates the integration of advanced driver assistance systems (ADAS) and autonomous driving features. Furthermore, Asia Pacific is one of the major automotive manufacturing and innovation region, is witnessing significant growth in the adoption of drive by wire technology, driven by the major players in this market include automotive manufacturers, electronic component suppliers, and technology firms specializing in automotive electronics. Trends such as rapid technological advancements, changing consumer preferences, increasing demand for vehicles with advanced features, growing emphasis on reducing emissions and increasing collaboration among industry stakeholders are expected to continue shaping the future of mobility in the region and provide opportunities for the Asia Pacific Drive by Wire Market and advanced solutions that enhance vehicle performance, safety, and connectivity.

The Asia Pacific Drive by Wire Market is experiencing a surge in demand propelled by a steadfast focus on fuel efficiency and emissions reduction. As governments across the region tighten emission regulations to combat pollution and address climate change concerns, automotive manufacturers are increasingly turning to advanced technologies such as DBW systems to meet stringent standards. DBW systems offer precise control over engine functions, optimizing throttle response, fuel injection, and other parameters to maximize fuel efficiency while minimizing emissions. Various companies across the region are using several initiatives to improve the efficiency of their vehicles, which further drive demand for the Asia Pacific Drive by Wire Market. For instance, in April 2024, BWI Group signed a contract with thyssenkrupp Steering for the manufacture and development of Electro-Mechanical Brake (EMB) technology. The partnership provides further advance Level 3 and above autonomous driving brake proficiencies and also pave way for chassis-by-wire collaboration. The synergies will provide drive the forthcoming of X-by-wire chassis systems and allow the transformation from supported to autonomous driving by increasing comfort, efficiency, and safety. Thus, the focus on efficiency and emissions reduction is propelling the Asia Pacific Drive by Wire Market, driving innovation and shaping the future of automotive technology across the region. However, technological complexities and a high initial cost of drive by wire technology can stifle market growth between 2022 and 2032.

The key Countries considered for the Asia Pacific Drive by Wire market study includes China, India, Japan, South Korea, Australia and Rest of Asia Pacific. In 2023, China was the dominating regional market in terms of revenue. China has been implementing stringent regulations aimed at improving vehicle safety, reducing emissions, and promoting the adoption of electric vehicles (EVs). Drive by wire technology plays a crucial role in meeting these regulatory requirements by enabling precise control over vehicle functions and optimizing performance. Chinese automotive manufacturers are forming partnerships and collaborations with domestic and international technology companies to accelerate the development and deployment of Drive by wire systems. For instance, in October 2022, NIO, the Chinese EV OEM, announced that it has signed an agreement with ZF, an automotive supplier company. This agreement will help NIO in the development of steer-by-wire (SBW) and other technologies. The market in India, on the other hand, is expected to grow at the fastest rate over the forecast period.

Major market player included in this report are:
Nissan Motor Co., Ltd.
Hitachi Astemo, Ltd.
Denso Corporation
JTEKT Corporation
Company 5
Company 6
Company 7
Company 8
Company 9
Company 10
The detailed segments and sub-segment of the market are explained below:

By Application
Throttle by Wire
Shift by Wire
Brake by Wire
Park by Wire
Steer by Wire

By Vehicle Type
Passenger Car
Commercial Vehicle
Electric Vehicle
Off-highway Vehicles

By Component
Actuator
Electronic Control Unit (ECU)
Engine Control Module (ECM)
Electronic Throttle Control Module (ETCM)
Electronic Transmission Control Unit (ETCU)
Feedback Motor
Parking Pawl
Sensors
Others
By Region:
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Years considered for the study are as follows:
Historical year – 2022
Base year – 2023
Forecast period – 2024 to 2032

Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and country level analysis for each market segment.
Detailed analysis of geographical landscape with Country level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand side and supply side analysis of the market
CHAPTER 1. ASIA PACIFIC DRIVE BY WIRE MARKET DEFINITION AND RESEARCH ASSUMPTIONS

1.1. Research Objective
1.2. Market Definition
1.3. Research Assumptions
  1.3.1. Inclusion & Exclusion
  1.3.2. Limitations
  1.3.3. Supply Side Analysis
    1.3.3.1. Availability
    1.3.3.2. Infrastructure
    1.3.3.3. Regulatory Environment
    1.3.3.4. Market Competition
    1.3.3.5. Economic Viability (Consumer’s Perspective)
  1.3.4. Demand Side Analysis
    1.3.4.1. Regulatory frameworks
    1.3.4.2. Technological Advancements
    1.3.4.3. Environmental Considerations
    1.3.4.4. Consumer Awareness & Acceptance
1.4. Estimation Methodology
1.5. Years Considered for the Study
1.6. Currency Conversion Rates

CHAPTER 2. EXECUTIVE SUMMARY

2.1. Asia Pacific Drive by Wire Market Size & Forecast (2022- 2032)
2.2. Regional Summary
2.3. Segmental Summary
  2.3.1. By Application
  2.3.2. By Vehicle Type
  2.3.3. By Component
2.4. Key Trends
2.5. Recession Impact
2.6. Analyst Recommendation & Conclusion

CHAPTER 3. ASIA PACIFIC DRIVE BY WIRE MARKET DYNAMICS

3.1. Market Drivers
3.2. Market Challenges
3.3. Market Opportunities

CHAPTER 4. ASIA PACIFIC DRIVE BY WIRE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
  4.1.6. Futuristic Approach to Porter’s 5 Force Model
  4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
  4.2.1. Political
  4.2.2. Economical
  4.2.3. Social
  4.2.4. Technological
  4.2.5. Environmental
  4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion

CHAPTER 5. ASIA PACIFIC DRIVE BY WIRE MARKET SIZE & FORECASTS BY APPLICATION 2022-2032

5.1. Throttle by Wire
5.2. Shift by Wire
5.3. Brake by Wire
5.4. Park by Wire
5.5. Steer by Wire

CHAPTER 6. ASIA PACIFIC DRIVE BY WIRE MARKET SIZE & FORECASTS BY VEHICLE TYPE 2022-2032

6.1. Passenger Car
6.2. Commercial Vehicle
6.3. Electric Vehicle
6.4. Off-highway Vehicles

CHAPTER 7. ASIA PACIFIC DRIVE BY WIRE MARKET SIZE & FORECASTS BY COMPONENT 2022-2032

7.1. Actuator
7.2. Electronic Control Unit (ECU)
7.3. Engine Control Module (ECM)
7.4. Electronic Throttle Control Module (ETCM)
7.5. Electronic Transmission Control Unit (ETCU)
7.6. Feedback Motor
7.7. Parking Pawl
7.8. Sensors
7.9. Others

CHAPTER 8. ASIA PACIFIC DRIVE BY WIRE MARKET SIZE & FORECASTS BY COUNTRY 2022-2032

8.1. China Drive by Wire Market
  8.1.1. Application breakdown size & forecasts, 2022-2032
  8.1.2. Vehicle Type breakdown size & forecasts, 2022-2032
  8.1.3. Component breakdown size & forecasts, 2022-2032
8.2. India Drive by Wire Market
8.3. Japan Drive by Wire Market
8.4. Australia Drive by Wire Market
8.5. South Korea Drive by Wire Market
8.6. Rest of Asia Pacific Drive by Wire Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Nissan Motor Co., Ltd.
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Market Strategies
  9.3.2. Hitachi Astemo, Ltd.
  9.3.3. Denso Corporation
  9.3.4. JTEKT Corporation
  9.3.5. Company
  9.3.6. Company
  9.3.7. Company
  9.3.8. Company
  9.3.9. Company
  9.3.10. Company

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes

LIST OF TABLES

TABLE 1. Asia Pacific Drive by Wire market, report scope
TABLE 2. Asia Pacific Drive by Wire market estimates & forecasts by Country 2022-2032 (USD Billion)
TABLE 3. Asia Pacific Drive by Wire market estimates & forecasts by Application 2022-2032 (USD Billion)
TABLE 4. Asia Pacific Drive by Wire market estimates & forecasts by Vehicle Type 2022-2032 (USD Billion)
TABLE 5. Asia Pacific Drive by Wire market estimates & forecasts by Component 2022-2032 (USD Billion)
TABLE 6. Asia Pacific Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 7. Asia Pacific Drive by Wire market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 8. Asia Pacific Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 9. Asia Pacific Drive by Wire market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 10. Asia Pacific Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 11. Asia Pacific Drive by Wire market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 12. Asia Pacific Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 13. Asia Pacific Drive by Wire market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 14. Asia Pacific Drive by Wire market by segment, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 15. Asia Pacific Drive by Wire market by country, estimates & forecasts, 2022-2032 (USD Billion)
TABLE 16. China Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 17. China Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 18. China Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 19. India Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 20. India Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 21. India Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 22. Japan Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 23. Japan Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 24. Japan Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 25. Australia Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 26. Australia Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 27. Australia Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 28. South Korea Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 29. South Korea Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 30. South Korea Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 31.
TABLE 32. RoAPAC Drive by Wire market estimates & forecasts, 2022-2032 (USD Billion)
TABLE 33. RoAPAC Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 34. RoAPAC Drive by Wire market estimates & forecasts by segment 2022-2032 (USD Billion)
TABLE 35. List of secondary sources, used in the study of Asia Pacific Drive by Wire Market.
TABLE 36. List of primary sources, used in the study of Asia Pacific Drive by Wire Market.
TABLE 37. Years considered for the study.
TABLE 38. Exchange rates considered

LIST OF FIGURES

FIG 1. Asia Pacific Drive by Wire market, research methodology
FIG 2. Asia Pacific Drive by Wire market, market estimation techniques
FIG 3. Asia Pacific market size estimates & forecast methods.
FIG 4. Asia Pacific Drive by Wire market, key trends 2023
FIG 5. Asia Pacific Drive by Wire market, growth prospects 2022-2032
FIG 6. Asia Pacific Drive by Wire market, porters 5 force model
FIG 7. Asia Pacific Drive by Wire market, pestel analysis
FIG 8. Asia Pacific Drive by Wire market, value chain analysis
FIG 9. Asia Pacific Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 10. Asia Pacific Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 11. Asia Pacific Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 12. Asia Pacific Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 13. Asia Pacific Drive by Wire market by segment, 2022 & 2032 (USD Billion)
FIG 14. Asia Pacific Drive by Wire market, Country snapshot 2022 & 2032
FIG 15. Asia pacific Drive by Wire market 2022 & 2032 (USD Billion)
FIG 16. Asia Pacific Drive by Wire market, company market share analysis (2023)


More Publications