Global Electronically Controlled Redundant Steer-by-Wire System Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Electronically Controlled Redundant Steer-by-Wire System market size was valued at US$ 211 million in 2024 and is forecast to a readjusted size of USD 473 million by 2031 with a CAGR of 12.2% during review period.

Electronically controlled redundant steer-by-wire system is a kind of steering system which adopts electronic signal to transmit steering command and has multi-layer fault protection mechanism. In the traditional steering system, the steering wheel is directly connected to the front wheel through a mechanical link or hydraulic power assist device; in the steering-by-wire system, the motion of the steering wheel is captured by sensors and converted into electrical signals sent to the electronic control unit, and then the ECU calculates the appropriate steering angle according to the current vehicle speed, driving mode and other factors, and finally drives the wheel rotation through the motor.

This report is a detailed and comprehensive analysis for global Electronically Controlled Redundant Steer-by-Wire System market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Electronically Controlled Redundant Steer-by-Wire System market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Electronically Controlled Redundant Steer-by-Wire System market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Electronically Controlled Redundant Steer-by-Wire System market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Electronically Controlled Redundant Steer-by-Wire System market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Electronically Controlled Redundant Steer-by-Wire System

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Electronically Controlled Redundant Steer-by-Wire System market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Nexteer, Schaeffler Group, Bosch, Arnold NextG, HL Mando, ZF, Jtekt Corporation, KYB Corporation, NSK, ThyssenKrupp, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Electronically Controlled Redundant Steer-by-Wire System market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

Fully Redundant System

Partially Redundant System

Market segment by Application

Commercial Vehicle

Passenger Vehicle

Major players covered

Nexteer

Schaeffler Group

Bosch

Arnold NextG

HL Mando

ZF

Jtekt Corporation

KYB Corporation

NSK

ThyssenKrupp

Shangyuan Zhixing (Tongxiang) Technology

Zhejiang Shibao

Tianjin Deco Zhikong

Beijing Yingchuangzhi Automobile Technology

Bebest (Shanghai) Automotive Electronics

Yubei Steering System (Xinxiang)

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electronically Controlled Redundant Steer-by-Wire System product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electronically Controlled Redundant Steer-by-Wire System, with price, sales quantity, revenue, and global market share of Electronically Controlled Redundant Steer-by-Wire System from 2020 to 2025.

Chapter 3, the Electronically Controlled Redundant Steer-by-Wire System competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electronically Controlled Redundant Steer-by-Wire System breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Electronically Controlled Redundant Steer-by-Wire System market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electronically Controlled Redundant Steer-by-Wire System.

Chapter 14 and 15, to describe Electronically Controlled Redundant Steer-by-Wire System sales channel, distributors, customers, research findings and conclusion.