Global Automotive Steer-by-Wire Market Size, Emerging Trends and Overview 2016-2020: Hexa Reports

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Global Automotive Steer-by-wire Market Share, Size,

Emerging Trends and Growth, Global Insights, Analysis and

Forecasts 2016-2020

An automotive steering system acts as a direct line of control and communication between the driver

and the vehicle. From being rigid mechanisms, automotive steering systems have evolved to more

technologically advanced, reliable, smooth, and easy-to-use systems.

Modern automotive steering systems are equipped with advanced safety systems and advanced driver

assistance systems (ADAS) such as airbags (in steering wheels), anti-lock braking system (ABS),

autonomous cruise control (ACC), and electric power-assisted steering (EPAS) to ensure safe and smooth

driving and to provide improved directional stability and agility to the vehicle.

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Technavio's analysts forecast the global automotive steer-by-wire (SBW) system market to grow at a

CAGR of 28.49% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive steer-by-wire

(SBW) system market for 2016-2020. To calculate the size of the market, we have considered the

production data for automobiles (passenger cars: luxury, mid-level, and entry-level segments, and light

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commercial vehicles (LCVs) and the annual production numbers of luxury cars (for a few select OEMs

based on our research study).

The market is divided into the following segments based on geography:

 APAC

 Europe

 Latin America

 Middle East and Africa

 North America

Technavio's report, Global Automotive Steer-By-Wire (SBW) System Market 2016-2020, has been

prepared based on an in-depth market analysis with inputs from industry experts. The report covers the

market landscape and its...