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Automotive Brake-By-Wire Systems: World Markets to 2023 featuring Key Vendors ADVICS, Brembo, Continental, Hyundai Mobis, and ZF Friedrichshafen - ResearchAndMarkets.com

August 8, 2018

DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Global Automotive Brake-By-Wire Systems Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The global automotive brake-by-wire systems market is expected to grow at a CAGR of 16.13% during the period 2018-2022.

Global Automotive Brake-By-Wire Systems Market 2018-2022, 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.

One trend in the market is growing focus on improving reliability of electronic braking systems. The global automotive industry is witnessing the integration of advanced automotive technologies and systems. Numerous systems and technologies have been developed over the past two decades for automotive applications.

According to the report, one driver in the market is greater effectiveness and efficiency of brake-by-wire system. Automotive brake-by-wire system is more advanced in terms of braking, system design, efficiency and effectiveness and can be either all-electronic, electro-hydraulic, or a combination of both. These systems involve electronic components and sub-systems, such as actuators, sensors, and a control unit that collectively analyze the vehicle’s data accurately.

Further, the report states that one challenge in the market is high cost of development and maintenance of electronic braking systems. The components and systems used in automobiles at present are witnessing transformation from being completely mechanical to electro-mechanical or all-electronic systems. The same can be seen in automotive brake-by-wire system as well.

Key Vendors

ADVICS Brembo Continental Hyundai Mobis ZF Friedrichshafen

Key Topics Covered

01. Executive Summary

02. Scope of the Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation by Vehicle Type

08. Customer Landscape

09. Regional Landscape

10. Decision Framework

11. Drivers and Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/5lr8fs/automotive?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005334/en/

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Related Topics:Brake Systems and Components

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING AUTOMOTIVE MANUFACTURING AUTOMOTIVE AFTERMARKET

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 08/08/2018 07:23 AM/DISC: 08/08/2018 07:23 AM

http://www.businesswire.com/news/home/20180808005334/en

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