Automotive Brake-By-Wire Systems: World Markets to 2023 featuring Key Vendors ADVICS, Brembo, Continental, Hyundai Mobis, and ZF Friedrichshafen - ResearchAndMarkets.com
Aug. 08, 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 VendorsADVICS 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
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SOURCE: Research and Markets
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PUB: 08/08/2018 07:23 AM/DISC: 08/08/2018 07:23 AM