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Global Automotive Brake-By-Wire Systems Market 2017-2021

NEW YORK, March 13, 2017 /PRNewswire/ -- Automotive Brake-By-Wire Systems
BBW refers to the facility of controlling the brakes in a vehicle through electrical means, rather than the involvement of more traditional mechanical linkages. BBW can be of two kinds by end intent: it may be so designed to supplement the existing braking effort, or it may function as a standalone braking system by itself. BBW is currently used in a wide variety of vehicles, which have a higher than normal electronic content, including all HEVs and EVs such as the Toyota Prius.

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Technavio's analysts forecast the global automotive brake-by-wire systems market to grow at a CAGR of 44.35% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global automotive brake-by-wire systems market for 2017-2021. To calculate the market size, the report considers a combination of top down and bottom up approaches, wherein the in-house databases have been used to arrive at the size of the global automotive BBW systems market.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Technavio's report, Global Automotive Brake-By-Wire Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ADVICS
- Autoliv-Nissin Brake Systems
- Robert Bosch
- Continental
- Delphi Automotive
- Denso
- ZF TRW
Other prominent vendors
- TTTech
- Brembo
- KSR International
Market driver
- BBW systems use sensors to provide more accurate, precise, and quicker response than mechanical systems
- For a full, detailed list, view our report

Market challenger
- Consumer behavior challenges
- For a full, detailed list, view our report

Market trend
- Remote diagnostics in braking systems: Faster fault diagnosis and repair solutions to change the face of the BBW target market
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-automotive-brake-by-wire-systems-market-2017-2021-300422932.html