Market Overview

Global Automotive Brake-By-Wire Systems Market 2018-2022 to Post 16% CAGR| Technavio

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Technavio
analysts forecast the global automotive brake-by-wire systems market to
grow at a CAGR of over 16% during the forecast period, according
to their latest market research report.

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Technavio has published a new market research report on the global automotive brake-by-wire systems  ...

Technavio has published a new market research report on the global automotive brake-by-wire systems market from 2018-2022. (Graphic: Business Wire)

The growing adoption of electronically assisted braking functionalities
is one of the major trends being witnessed in the global
automotive brake-by-wire systems market 2018-2022
. Braking
system forms an integral part of safety for any automobile as it helps
to control and stop the vehicle. Advances in technology have led to the
development of numerous auxiliary supporting braking systems in the
automotive industry. This has increased the adoption of newer
functionalities related to the braking system in automobiles, which is
also paving the way for the adoption of all-electronic braking systems.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

According to Technavio analysts, one of the key factors contributing to
the growth of the global automotive brake-by-wire systems market is the
greater effectiveness and efficiency of the brake-by-wire system:

Global automotive brake-by-wire systems market:
Greater effectiveness and efficiency of the brake-by-wire system

The automotive brake-by-wire system is more advanced in terms of system
design, braking efficiency, and effectiveness when compared with the
conventional braking systems. The systems can either be all-electronic,
electro-hydraulic or a combination of both.

According to a senior analyst at Technavio for research on automotive
electronics, "These systems involve electronic components and
sub-systems, such as sensors, actuators, and a control unit that
collectively analyze the vehicle's data accurately. The system gathers
data from different sensors such as wheel speed sensors, acceleration
sensors, and steering angle sensors. The compiled data allows the
brake-by-wire system to react quickly and reduce stopping distance."

Global automotive brake-by-wire systems market:
Segmentation analysis

The global automotive brake-by-wire systems market research report
provides market segmentation by region (the Americas, EMEA, and APAC).
It provides an in-depth analysis of the prominent factors influencing
the market, including drivers, opportunities, trends, and
industry-specific challenges.

EMEA led the market in 2017 with nearly 37% of the market share. The
market share occupied by this region is anticipated to increase during
2018-2022.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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