Global Automotive Steer-by-wire System Market 2018-2022
About Automotive Steer-by-wire System
Automotive steer-by-wire system (SBW) is a system which uses all-electric means for steering and eliminates the use of mechanical and hydraulic components, such as steering column, shaft, and gear reduction mechanism. In short, the steer-by-wire system eliminates the use of conventional steering system with electronic components, such as sensors and control modules.
Technavio’s analysts forecast the global automotive steer-by-wire system market to grow at a CAGR of 8.22% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive steer-by-wire system 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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