About Automotive Brake-By-Wire Systems
Automotive brake-by-wire system is either a fully electronic or electro-hydraulic component that replaces the mechanical components used in conventional braking systems. This braking technology was first introduced in the aviation industry and has now evolved and made its way into the automotive market.
Technavio’s analysts forecast the global automotive brake-by-wire systems market to grow at a CAGR of 16.13% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive brake-by-wire systems market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
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