In the automotive industry, brake-by-wire technology is the ability to control brakes through electrical means. It can be designed to supplement ordinary service brakes or it can be a standalone brake system.
This technology is widely used on all hybrid and battery electric vehicles, including the Toyota Prius. Brake-by-wire is also common in the form of the electric park brake which is now widely used on mainstream vehicles.
Global Automotive Brake-By-Wire System market size will reach xx million US$ by 2026, from xx million US$ in 2020, at a CAGR of 45.1% during the forecast period. In this study, 2020 has been considered as the base year and 2021-2026 as the forecast period to estimate the market size for Automotive Brake-By-Wire System.
This report covers the present status and the future prospects of the global Automotive Brake-By-Wire System market for 2015-2026.
The report offers detailed coverage of Automotive Brake-By-Wire System industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Automotive Brake-By-Wire System by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
ADVICS Manufacturing, Autoliv-Nissin Brake Systems, Brembo, Continental, Delphi, Denso, KSR, Robert Bosch, TTTech, ZF TRW Automotive
Market Segment as follows:
Market by Order Type
Type I
Type II
Automotive Brake-By-Wire System Breakdown Data by Application
Electric vehicles
Gasoline vehicles
Hybrid vehicles
Plug-in hybrids
Automotive Brake-By-Wire System market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Automotive Brake-By-Wire System market for the forecast period 2021 - 2026?
• What are the driving forces in the Automotive Brake-By-Wire System market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Automotive Brake-By-Wire System industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.