Global Vehicle Steer-by-wire System Supply, Demand and Key Producers, 2026-2032
Description
The global Vehicle Steer-by-wire System market size is expected to reach $ 64420 million by 2032, rising at a market growth of 87.8% CAGR during the forecast period (2026-2032).
Vehicle steer-by-wire refers to a system that uses cables and wiring to electronically perform steering operations in a vehicle. In such a setup, there is no longer any mechanical connection between the input component for steering (e.g. the steering wheel) and the vehicle’s wheels. Instead, all steering commands are transmitted electrically by a control unit to a motor that then executes the steering movement, thereby causing the wheels to turn in a corresponding manner. When steer-by-wire system is applied in autonomous cars, the steering wheel is either non-existent or can be folded in and out.
A steer-by-wire system is an advanced steering technology that replaces traditional mechanical linkages with electronic controls to steer a vehicle. In this system, the physical connection between the steering wheel and the wheels is eliminated, allowing for a more flexible and responsive steering experience. Instead of using mechanical components, steer-by-wire systems rely on sensors, actuators, and electronic control units to transmit steering inputs from the driver to the vehicle's wheels.
One of the primary advantages of steer-by-wire technology is its ability to enhance driving comfort and vehicle handling. By using electronic systems, manufacturers can fine-tune the steering response, making it adaptable to different driving conditions and preferences. For instance, the system can provide lighter steering at low speeds for easier maneuverability, while increasing resistance at higher speeds for improved stability.
Additionally, steer-by-wire systems contribute to weight reduction in vehicles. The absence of physical components like steering columns and linkages allows for a more compact design, which can improve fuel efficiency and overall performance. This technology also enables the integration of advanced features, such as lane-keeping assistance and automated driving capabilities, making it a crucial component in the development of autonomous vehicles.
However, the transition to steer-by-wire systems poses challenges, including ensuring system reliability and safety. Since this technology relies heavily on electronic components, robust fail-safe mechanisms must be in place to maintain control in case of system failures. Despite these challenges, the steer-by-wire system represents a significant step toward the future of automotive engineering, offering enhanced functionality, improved vehicle dynamics, and paving the way for smarter driving experiences.
This report studies the global Vehicle Steer-by-wire System production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Vehicle Steer-by-wire System and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Vehicle Steer-by-wire System that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Vehicle Steer-by-wire System total production and demand, 2021-2032, (K Units)
Global Vehicle Steer-by-wire System total production value, 2021-2032, (USD Million)
Global Vehicle Steer-by-wire System production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Vehicle Steer-by-wire System consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Vehicle Steer-by-wire System domestic production, consumption, key domestic manufacturers and share
Global Vehicle Steer-by-wire System production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Vehicle Steer-by-wire System production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Vehicle Steer-by-wire System production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Vehicle Steer-by-wire System market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ZF, JTEKT Corporation, Nexteer, Schaeffler, Bosch, KYB Corporation, Mando Corporation, NSK Steering Systems, Zhejiang Shibao, DECO Automotive, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Vehicle Steer-by-wire System market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Vehicle Steer-by-wire System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Vehicle Steer-by-wire System Market, Segmentation by Type:
Mechanical Redundancy
Electric Backup Redundancy
Global Vehicle Steer-by-wire System Market, Segmentation by Application:
Level 3 Vehicle
L4-L5 Vehicle
Companies Profiled:
ZF
JTEKT Corporation
Nexteer
Schaeffler
Bosch
KYB Corporation
Mando Corporation
NSK Steering Systems
Zhejiang Shibao
DECO Automotive
Teemo Technology
ThyssenKrupp
Key Questions Answered:
1. How big is the global Vehicle Steer-by-wire System market?
2. What is the demand of the global Vehicle Steer-by-wire System market?
3. What is the year over year growth of the global Vehicle Steer-by-wire System market?
4. What is the production and production value of the global Vehicle Steer-by-wire System market?
5. Who are the key producers in the global Vehicle Steer-by-wire System market?
6. What are the growth factors driving the market demand?
Vehicle steer-by-wire refers to a system that uses cables and wiring to electronically perform steering operations in a vehicle. In such a setup, there is no longer any mechanical connection between the input component for steering (e.g. the steering wheel) and the vehicle’s wheels. Instead, all steering commands are transmitted electrically by a control unit to a motor that then executes the steering movement, thereby causing the wheels to turn in a corresponding manner. When steer-by-wire system is applied in autonomous cars, the steering wheel is either non-existent or can be folded in and out.
A steer-by-wire system is an advanced steering technology that replaces traditional mechanical linkages with electronic controls to steer a vehicle. In this system, the physical connection between the steering wheel and the wheels is eliminated, allowing for a more flexible and responsive steering experience. Instead of using mechanical components, steer-by-wire systems rely on sensors, actuators, and electronic control units to transmit steering inputs from the driver to the vehicle's wheels.
One of the primary advantages of steer-by-wire technology is its ability to enhance driving comfort and vehicle handling. By using electronic systems, manufacturers can fine-tune the steering response, making it adaptable to different driving conditions and preferences. For instance, the system can provide lighter steering at low speeds for easier maneuverability, while increasing resistance at higher speeds for improved stability.
Additionally, steer-by-wire systems contribute to weight reduction in vehicles. The absence of physical components like steering columns and linkages allows for a more compact design, which can improve fuel efficiency and overall performance. This technology also enables the integration of advanced features, such as lane-keeping assistance and automated driving capabilities, making it a crucial component in the development of autonomous vehicles.
However, the transition to steer-by-wire systems poses challenges, including ensuring system reliability and safety. Since this technology relies heavily on electronic components, robust fail-safe mechanisms must be in place to maintain control in case of system failures. Despite these challenges, the steer-by-wire system represents a significant step toward the future of automotive engineering, offering enhanced functionality, improved vehicle dynamics, and paving the way for smarter driving experiences.
This report studies the global Vehicle Steer-by-wire System production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Vehicle Steer-by-wire System and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Vehicle Steer-by-wire System that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Vehicle Steer-by-wire System total production and demand, 2021-2032, (K Units)
Global Vehicle Steer-by-wire System total production value, 2021-2032, (USD Million)
Global Vehicle Steer-by-wire System production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Vehicle Steer-by-wire System consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Vehicle Steer-by-wire System domestic production, consumption, key domestic manufacturers and share
Global Vehicle Steer-by-wire System production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Vehicle Steer-by-wire System production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Vehicle Steer-by-wire System production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Vehicle Steer-by-wire System market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ZF, JTEKT Corporation, Nexteer, Schaeffler, Bosch, KYB Corporation, Mando Corporation, NSK Steering Systems, Zhejiang Shibao, DECO Automotive, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Vehicle Steer-by-wire System market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Vehicle Steer-by-wire System Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Vehicle Steer-by-wire System Market, Segmentation by Type:
Mechanical Redundancy
Electric Backup Redundancy
Global Vehicle Steer-by-wire System Market, Segmentation by Application:
Level 3 Vehicle
L4-L5 Vehicle
Companies Profiled:
ZF
JTEKT Corporation
Nexteer
Schaeffler
Bosch
KYB Corporation
Mando Corporation
NSK Steering Systems
Zhejiang Shibao
DECO Automotive
Teemo Technology
ThyssenKrupp
Key Questions Answered:
1. How big is the global Vehicle Steer-by-wire System market?
2. What is the demand of the global Vehicle Steer-by-wire System market?
3. What is the year over year growth of the global Vehicle Steer-by-wire System market?
4. What is the production and production value of the global Vehicle Steer-by-wire System market?
5. Who are the key producers in the global Vehicle Steer-by-wire System market?
6. What are the growth factors driving the market demand?
Table of Contents
132 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
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