Automotive Brake-by-wire Systems Market Analysis APAC, North America, Europe, South America, Middle East and Africa - US, China, Japan, Germany, France - Size and Forecast 2024-2028

Published: Mar 2024 Pages: 168 SKU: IRTNTR45785

Automotive Brake-by-wire Systems Market Forecast 2024-2028 

The Automotive Brake-by-wire Systems Market size is forecast to increase by USD 13.95 billion at a CAGR of 26.91% between 2023 and 2028. The market experiences accelerated growth due to several factors, notably the increasing electrification in vehicles, growing demand for lightweight vehicles, and the enhanced effectiveness and efficiency of brake-by-wire systems. These elements collectively drive market expansion, reflecting the evolving trends and innovations in the automotive industry. With the shift towards electrification, demand for lighter vehicles, and advancements in brake-by-wire technology, the market anticipates continued growth opportunities, catering to evolving consumer preferences and industry standards. The report provides market size, historical data spanning from 2018-2022, and future projections, all presented in terms of value in USD billion for each of the mentioned segments.

What will be the Size of the Market During the Forecast Period?

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Market Dynamic and Customer Landscape

The market is witnessing significant growth driven by the rising demand for safety features in passenger vehicles and commercial vehicles. These systems replace traditional hydraulic and mechanical link setups with electronic controls, enhancing braking precision and responsiveness. Integrated with Electronic Stability Control (ESC), Anti-lock Brake Systems (ABS), and Traction Control System (TCS), Brake-By-Wire (BBW) technology optimizes brake force distribution through Electronic Brake-force Distribution (EBD). With regenerative braking capabilities, they efficiently convert kinetic energy into usable energy, particularly beneficial for hybrid vehicles. Car manufacturers are increasingly incorporating these advanced driver assistance systems (ADAS) to improve overall vehicle safety and control. Our researchers analyzed the data with 2023 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Market Driver

Increasing electrification in vehicles is notably driving the market expansion. Modern vehicles are equipped with various electronic components to improve functionality and reduce overall weight. Electrification of various mechanical systems has allowed automakers to increase efficiency, limit emissions and improve performance. In addition, customers prefer vehicles that support advanced safety systems. Electrification is a major driver of technological development in the automotive industry.

Furthermore, automakers are integrating artificial intelligence in vehicles into safety systems that can recognize driver gestures and activate various functions. Additionally, safety features such as adaptive cruise control and emergency braking systems use low-level in-vehicle artificial intelligence to improve driving safety. With the increasing prevalence and reliance of vehicles on electronics, the brake-by-wire system of an automobile has become one of the most important electronic components of the vehicle. 

Key Market Trends

A growing focus on improving the durability of electronic braking systems is the primary trend shaping the market growth. Over the past two decades, numerous systems and technologies have been developed for automotive applications. However, its reliability and longevity have always been the primary concerns of market players. As such, automotive system designers and vehicle manufacturers are beginning to work to improve the reliability and durability of such systems/technologies. Recent years have seen an increase in spending and investment in increasing reliability and efficiency.

Furthermore, technical issues and malfunctions associated with such electronic braking systems regularly lead to vehicle recalls. At worst, such problems have also led to occasional crashes and accidents on the road. Additionally, there is increasing work on developing advanced algorithms that form the basic design of such systems. As the reliability of braking systems, such as brake-by-wire systems increases, their acceptance is expected to increase during the forecast period. This will propel the growth of the market during the forecast period.

Major Market Challenge

Technical issues are the major challenges that affect market growth.  The use of electronic components and subsystems makes the system vulnerable to technical issues and malfunctioning, which can pose a challenge to market growth. The global automotive industry is witnessing the growing adoption of x-by-wire systems such as steer-by-wire, drive-by-wire, and brake-by-wire. All these technologies are designed to make future automobiles lighter, safer, and energy efficient. The brake-by-wire system has also suffered setbacks in the racing industry.

Consequently, such technical issues and system malfunction problems are pushing automakers to have a stand-by brake system in place. However, it would again lead to weight addition and space issues. Thus, technical issues reducing the reliability and adoption of brake-by-wire systems can become a major challenge for the growth of the market during the forecast period.

Market Customer Landscape

The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.

 Customer Landscape

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

  • Akebono Brake Industry Co. Ltd.: The company offers automotive brake by wire systems such as Electric Brakes which provides the automotive industry with superior stopping power.

The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 14 market companies, including:

  • Brembo Spa
  • Continental AG
  • Haldex AB
  • Hitachi Ltd.
  • HL Mando Co. Ltd.
  • Knorr Bremse AG
  • KSR International Inc.
  • SFS Group AG
  • Stellantis NV
  • Toyota Motor Corp.
  • Veoneer HoldCo LLC
  • ZF Friedrichshafen AG
  • Robert Bosch GmbH

Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.

What is the Largest-Growing Segments in the Market?

The market is witnessing rapid growth across passenger vehicles and commercial vehicles segments. These systems, integrated with advanced technologies like Electronic Stability Control (ESC), anti-lock brake systems (ABS), and Traction Control System (TCS), offer enhanced safety and control on the road. By eliminating the need for hydraulic or mechanical linkages, BBW systems revolutionize the traditional braking system, efficiently converting kinetic energy into thermal energy while optimizing the braking process for vehicle occupants.

The electric segment is estimated to witness significant growth during the forecast period. The increasing adoption of advanced electronic systems in hybrid, all-electric, and plug-in hybrid vehicles is propelling the growth of the market. These vehicles offer environmental advantages, driving their sales and the demand for advanced braking systems. Government incentives, infrastructure improvements, and a focus on reducing carbon footprints globally contribute to this growth.

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The electric segment was the largest segment and was valued at USD 2.59 billion in 2018. Additionally, benefits such as reduced ownership costs, noise reduction, and dwindling fossil fuel resources fuel demand. Major automakers are integrating regenerative braking systems in their hybrid/EV models to enhance energy efficiency, further augmented by brake-by-wire systems. Key players like Toyota, Lexus, and INFINITI offer vehicles equipped with these systems, promoting their energy-efficient operation. This trend is expected to drive significant growth in the electric segment of the market.

Which are the Key Regions for the Market?

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APAC is estimated to contribute 55% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. Emerging markets such as India and China are driving market growth in this region. Moreover, advanced automotive markets such as Japan and South Korea contribute to the market growth in the region. This is because automakers such as Infiniti, Toyota, and Lexus are selling a large number of hybrid passenger cars with brake-by-wire systems. The brake-by-wire system market is expected to grow during the forecast period as other automakers are expected to offer advanced braking systems. Hence, such factors are expected to drive market growth in this region during the forecast period. 

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2018 to 2028. 

  • Deployment Outlook
    • Electric
    • Non-electric
  • Application Outlook
    • Passenger vehicles
    • Commercial vehicles
  • Region Outlook 
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Market Analyst Overview:

The market is witnessing a shift from traditional braking systems to brake-by-wire (BBW) systems, offering advanced technology and improved braking performance. These systems, comprising electronic sensors, actuators, and a control unit, enhance driver's input and brake timing. With the rise of autonomous vehicles and electric automobiles, there's a growing demand for electronic control unit (ECU)-controlled Brake Actuators and wheel speed sensors. Regulations and technological advancements drive innovation, catering to diverse vehicle types, including passenger automobiles, commercial vehicles, and off-highway vehicles.

Furthermore, the market is evolving with innovations like Electro-Hydraulic Brakes (EHB) and Electro-Mechanical Brakes (EMB). These systems replace traditional hydraulic components with electric actuators, enhancing vehicle control and safety. With the rise of Electric Vehicles (EVs) and self-driving technology, demand is growing, driven by factors like urbanization and consumer demand. Pressure Sensors and steering wheel angle sensors ensure efficient braking, even in inclement weather. Additionally, advancements like Generative Electric Parking Brakes offer enhanced compatibility and traction control for various vehicle types.

Market Scope

Report Coverage

Details

Page number

168

Base year

2023

Historic period

2018-2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 26.91%

Market Growth 2024-2028

USD 13.95 billion

Market structure

Concentrated

YoY growth 2023-2024(%)

25.01

Regional analysis

APAC, North America, Europe, South America, and Middle East and Africa

Performing market contribution

APAC at 55%

Key countries

US, China, Japan, Germany, and France

Competitive landscape

Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks

Key companies profiled

Akebono Brake Industry Co. Ltd., Brembo Spa, Continental AG, Haldex AB, Hitachi Ltd., HL Mando Co. Ltd., Knorr Bremse AG, KSR International Inc., SFS Group AG, Stellantis NV, Toyota Motor Corp., Veoneer HoldCo LLC, ZF Friedrichshafen AG, and Robert Bosch GmbH

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. 

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the market growth and forecasting between 2024 and 2028
  • Precise estimation of the market size and its contribution to the market in focus on the parent market
  • Accurate predictions about upcoming market growth and trends and changes in consumer behaviour
  • Growth of the market across APAC, North America, Europe, South America, and Middle East and Africa
  • A thorough analysis of the market’s competitive landscape and detailed information about companies
  • Comprehensive analysis of factors that will challenge the growth of market companies

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Vehicle Type
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2023
    • 3.4 Market outlook: Forecast for 2023-2028
      • Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

    4 Historic Market Size

    • 4.1 Global automotive brake-by-wire systems market 2018 - 2022
      • Exhibit 18: Historic Market Size – Data Table on global automotive brake-by-wire systems market 2018 - 2022 ($ billion)
    • 4.2 Vehicle type Segment Analysis 2018 - 2022
      • Exhibit 19: Historic Market Size – Vehicle type Segment 2018 - 2022 ($ billion)
    • 4.3 Application Segment Analysis 2018 - 2022
      • Exhibit 20: Historic Market Size – Application Segment 2018 - 2022 ($ billion)
    • 4.4 Geography Segment Analysis 2018 - 2022
      • Exhibit 21: Historic Market Size – Geography Segment 2018 - 2022 ($ billion)
    • 4.5 Country Segment Analysis 2018 - 2022
      • Exhibit 22: Historic Market Size – Country Segment 2018 - 2022 ($ billion)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2023 and 2028
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2023 and 2028
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2023 and 2028
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2023 and 2028
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2023 and 2028
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

    6 Market Segmentation by Vehicle Type

    • 6.1 Market segments
      • Exhibit 30: Chart on Vehicle Type - Market share 2023-2028 (%)
      • Exhibit 31: Data Table on Vehicle Type - Market share 2023-2028 (%)
    • 6.2 Comparison by Vehicle Type
      • Exhibit 32: Chart on Comparison by Vehicle Type
      • Exhibit 33: Data Table on Comparison by Vehicle Type
    • 6.3 Electric - Market size and forecast 2023-2028
      • Exhibit 34: Chart on Electric - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 35: Data Table on Electric - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 36: Chart on Electric - Year-over-year growth 2023-2028 (%)
      • Exhibit 37: Data Table on Electric - Year-over-year growth 2023-2028 (%)
    • 6.4 Non-electric - Market size and forecast 2023-2028
      • Exhibit 38: Chart on Non-electric - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 39: Data Table on Non-electric - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 40: Chart on Non-electric - Year-over-year growth 2023-2028 (%)
      • Exhibit 41: Data Table on Non-electric - Year-over-year growth 2023-2028 (%)
    • 6.5 Market opportunity by Vehicle Type
      • Exhibit 42: Market opportunity by Vehicle Type ($ billion)
      • Exhibit 43: Data Table on Market opportunity by Vehicle Type ($ billion)

    7 Market Segmentation by Application

    • 7.1 Market segments
      • Exhibit 44: Chart on Application - Market share 2023-2028 (%)
      • Exhibit 45: Data Table on Application - Market share 2023-2028 (%)
    • 7.2 Comparison by Application
      • Exhibit 46: Chart on Comparison by Application
      • Exhibit 47: Data Table on Comparison by Application
    • 7.3 Passenger vehicles - Market size and forecast 2023-2028
      • Exhibit 48: Chart on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 49: Data Table on Passenger vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 50: Chart on Passenger vehicles - Year-over-year growth 2023-2028 (%)
      • Exhibit 51: Data Table on Passenger vehicles - Year-over-year growth 2023-2028 (%)
    • 7.4 Commercial vehicles - Market size and forecast 2023-2028
      • Exhibit 52: Chart on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 53: Data Table on Commercial vehicles - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 54: Chart on Commercial vehicles - Year-over-year growth 2023-2028 (%)
      • Exhibit 55: Data Table on Commercial vehicles - Year-over-year growth 2023-2028 (%)
    • 7.5 Market opportunity by Application
      • Exhibit 56: Market opportunity by Application ($ billion)
      • Exhibit 57: Data Table on Market opportunity by Application ($ billion)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 58: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 59: Chart on Market share by geography 2023-2028 (%)
      • Exhibit 60: Data Table on Market share by geography 2023-2028 (%)
    • 9.2 Geographic comparison
      • Exhibit 61: Chart on Geographic comparison
      • Exhibit 62: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2023-2028
      • Exhibit 63: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 64: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 65: Chart on APAC - Year-over-year growth 2023-2028 (%)
      • Exhibit 66: Data Table on APAC - Year-over-year growth 2023-2028 (%)
    • 9.4 North America - Market size and forecast 2023-2028
      • Exhibit 67: Chart on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 68: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 69: Chart on North America - Year-over-year growth 2023-2028 (%)
      • Exhibit 70: Data Table on North America - Year-over-year growth 2023-2028 (%)
    • 9.5 Europe - Market size and forecast 2023-2028
      • Exhibit 71: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 72: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 73: Chart on Europe - Year-over-year growth 2023-2028 (%)
      • Exhibit 74: Data Table on Europe - Year-over-year growth 2023-2028 (%)
    • 9.6 South America - Market size and forecast 2023-2028
      • Exhibit 75: Chart on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 76: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 77: Chart on South America - Year-over-year growth 2023-2028 (%)
      • Exhibit 78: Data Table on South America - Year-over-year growth 2023-2028 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2023-2028
      • Exhibit 79: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 80: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 81: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
      • Exhibit 82: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
    • 9.8 China - Market size and forecast 2023-2028
      • Exhibit 83: Chart on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 84: Data Table on China - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 85: Chart on China - Year-over-year growth 2023-2028 (%)
      • Exhibit 86: Data Table on China - Year-over-year growth 2023-2028 (%)
    • 9.9 US - Market size and forecast 2023-2028
      • Exhibit 87: Chart on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 88: Data Table on US - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 89: Chart on US - Year-over-year growth 2023-2028 (%)
      • Exhibit 90: Data Table on US - Year-over-year growth 2023-2028 (%)
    • 9.10 Japan - Market size and forecast 2023-2028
      • Exhibit 91: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 92: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 93: Chart on Japan - Year-over-year growth 2023-2028 (%)
      • Exhibit 94: Data Table on Japan - Year-over-year growth 2023-2028 (%)
    • 9.11 Germany - Market size and forecast 2023-2028
      • Exhibit 95: Chart on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 96: Data Table on Germany - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 97: Chart on Germany - Year-over-year growth 2023-2028 (%)
      • Exhibit 98: Data Table on Germany - Year-over-year growth 2023-2028 (%)
    • 9.12 France - Market size and forecast 2023-2028
      • Exhibit 99: Chart on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 100: Data Table on France - Market size and forecast 2023-2028 ($ billion)
      • Exhibit 101: Chart on France - Year-over-year growth 2023-2028 (%)
      • Exhibit 102: Data Table on France - Year-over-year growth 2023-2028 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 103: Market opportunity by geography ($ billion)
      • Exhibit 104: Data Tables on Market opportunity by geography ($ billion)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 105: Impact of drivers and challenges in 2023 and 2028
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 106: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 107: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 108: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 109: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 110: Matrix on vendor position and classification
            • 12.3 Akebono Brake Industry Co. Ltd.
              • Exhibit 111: Akebono Brake Industry Co. Ltd. - Overview
              • Exhibit 112: Akebono Brake Industry Co. Ltd. - Business segments
              • Exhibit 113: Akebono Brake Industry Co. Ltd. - Key offerings
              • Exhibit 114: Akebono Brake Industry Co. Ltd. - Segment focus
            • 12.4 Brembo Spa
              • Exhibit 115: Brembo Spa - Overview
              • Exhibit 116: Brembo Spa - Business segments
              • Exhibit 117: Brembo Spa - Key offerings
              • Exhibit 118: Brembo Spa - Segment focus
            • 12.5 Continental AG
              • Exhibit 119: Continental AG - Overview
              • Exhibit 120: Continental AG - Business segments
              • Exhibit 121: Continental AG - Key news
              • Exhibit 122: Continental AG - Key offerings
              • Exhibit 123: Continental AG - Segment focus
            • 12.6 Haldex AB
              • Exhibit 124: Haldex AB - Overview
              • Exhibit 125: Haldex AB - Product / Service
              • Exhibit 126: Haldex AB - Key offerings
            • 12.7 Hitachi Ltd.
              • Exhibit 127: Hitachi Ltd. - Overview
              • Exhibit 128: Hitachi Ltd. - Business segments
              • Exhibit 129: Hitachi Ltd. - Key news
              • Exhibit 130: Hitachi Ltd. - Key offerings
              • Exhibit 131: Hitachi Ltd. - Segment focus
            • 12.8 HL Mando Co. Ltd.
              • Exhibit 132: HL Mando Co. Ltd. - Overview
              • Exhibit 133: HL Mando Co. Ltd. - Product / Service
              • Exhibit 134: HL Mando Co. Ltd. - Key offerings
            • 12.9 Knorr Bremse AG
              • Exhibit 135: Knorr Bremse AG - Overview
              • Exhibit 136: Knorr Bremse AG - Business segments
              • Exhibit 137: Knorr Bremse AG - Key offerings
              • Exhibit 138: Knorr Bremse AG - Segment focus
            • 12.10 KSR International Inc.
              • Exhibit 139: KSR International Inc. - Overview
              • Exhibit 140: KSR International Inc. - Product / Service
              • Exhibit 141: KSR International Inc. - Key offerings
            • 12.11 Robert Bosch GmbH
              • Exhibit 142: Robert Bosch GmbH - Overview
              • Exhibit 143: Robert Bosch GmbH - Business segments
              • Exhibit 144: Robert Bosch GmbH - Key offerings
              • Exhibit 145: Robert Bosch GmbH - Segment focus
            • 12.12 SFS Group AG
              • Exhibit 146: SFS Group AG - Overview
              • Exhibit 147: SFS Group AG - Business segments
              • Exhibit 148: SFS Group AG - Key offerings
              • Exhibit 149: SFS Group AG - Segment focus
            • 12.13 Stellantis NV
              • Exhibit 150: Stellantis NV - Overview
              • Exhibit 151: Stellantis NV - Business segments
              • Exhibit 152: Stellantis NV - Key news
              • Exhibit 153: Stellantis NV - Key offerings
              • Exhibit 154: Stellantis NV - Segment focus
            • 12.14 Toyota Motor Corp.
              • Exhibit 155: Toyota Motor Corp. - Overview
              • Exhibit 156: Toyota Motor Corp. - Business segments
              • Exhibit 157: Toyota Motor Corp. - Key offerings
              • Exhibit 158: Toyota Motor Corp. - Segment focus
            • 12.15 Veoneer HoldCo LLC
              • Exhibit 159: Veoneer HoldCo LLC - Overview
              • Exhibit 160: Veoneer HoldCo LLC - Product / Service
              • Exhibit 161: Veoneer HoldCo LLC - Key offerings
            • 12.16 ZF Friedrichshafen AG
              • Exhibit 162: ZF Friedrichshafen AG - Overview
              • Exhibit 163: ZF Friedrichshafen AG - Business segments
              • Exhibit 164: ZF Friedrichshafen AG - Key news
              • Exhibit 165: ZF Friedrichshafen AG - Key offerings
              • Exhibit 166: ZF Friedrichshafen AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 167: Inclusions checklist
                • Exhibit 168: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 169: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 170: Research methodology
                • Exhibit 171: Validation techniques employed for market sizing
                • Exhibit 172: Information sources
              • 13.5 List of abbreviations
                • Exhibit 173: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              automotive brake-by-wire systems market market

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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