Germany Automotive Steer-by-Wire System Market Analysis
The global Germany
Automotive Steer-by-Wire System Market to develop at a CAGR of 5% from 2023
to 2032(forecast period).
The automotive steer-by-wire
system gives the driver entire steering control in the vehicle. The technology
improves vehicle performance by removing mechanical links near the steering
system. The electric motor, which receives input from the driver via electronic
control units, regulates the wheel direction in an automotive steer-by-wire
system.
The growing demand for greater
steering capabilities in vehicles is driving the global Germany Automotive
Steer-by-Wire System Market. The growing demand for improved fuel efficiency as
a result of rising fuel prices, as well as massive demand for vehicle
comfortability, are expected to drive the global market for automotive
steer-by-wire systems in terms of value and volume. Mechanical components and
linkages add additional weight to the vehicle, slowing its fuel efficiency even
further. The automotive steer-by-wire system reduces weight by eliminating
mechanical components, improving the vehicle's fuel efficiency. It opens up new
chances for global market participants.
Nissan subsidiary Infiniti
introduced the Q50 with steer-by-wire system technology in 2014, which
eliminates mechanical components/linkages between the steering wheel and the
vehicle's wheels. Initially, the automotive steer-by-wire system had certain
software and turning radius issues, prompting the manufacturer to recall and
halt manufacturing. Sales of the Q50 vehicle began after an improvement in
steering responsiveness and a modification in the turning radius, and there is
a tremendous demand for the technology in the global market.
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BMW, Mercedes, and Nissan began
spending heavily on the research and implementation of steer-by-wire system
technology in their automobiles. However, a high level of technology is
anticipated to limit the worldwide automobile steer-by-wire system market's
growth. Proper technological development is the primary worry for manufacturers
in the early stages of steer-by-wire technology, as a minor error may result in
the recall of automobiles in the global market.
What
is the difference between steer-by-wire and standard steering?
The primary difference between
steer-by-wire (SBW) and standard steering, often referred to as traditional or
mechanical steering, lies in the method by which the steering inputs from the
driver are transmitted to the vehicle's wheels. Here are the key distinctions:
- Mechanism:
- Standard Steering: In traditional steering
systems, a mechanical linkage, such as a steering column, connects the
steering wheel directly to the wheels. When the driver turns the steering
wheel, the mechanical linkage transfers this motion to the wheels,
causing them to turn in the desired direction.
- Steer-by-Wire: Steer-by-wire systems, on
the other hand, replace the mechanical linkage with electronic sensors
and actuators. Instead of a physical connection, electronic signals from
the steering wheel's input device are transmitted to a control unit,
which then electronically controls the steering mechanism.
- Physical Connection:
- Standard Steering: Mechanical steering
systems have a direct, physical connection between the steering wheel and
the wheels. The driver can feel the road and the vehicle's response
through the steering wheel.
- Steer-by-Wire: Steer-by-wire systems lack a
direct physical link between the steering wheel and the wheels. The
absence of a mechanical connection allows for more flexibility in design
and opens up possibilities for additional features, but it can
potentially reduce the direct mechanical feedback to the driver.
- Redundancy and Safety:
- Standard Steering: Mechanical steering
systems inherently provide a level of redundancy. Even if power
assistance fails, a driver can still steer the vehicle, albeit with
increased effort.
- Steer-by-Wire: SBW systems may incorporate
redundant electronic systems to enhance safety. However, in the event of
a complete electronic failure, steering in steer-by-wire systems can pose
challenges, and manufacturers implement fail-safe mechanisms to address
this concern.
- Adaptability and Features:
- Standard Steering: Traditional steering
systems have been refined over decades and are well-understood. They
provide a familiar and direct connection between the driver and the
vehicle.
- Steer-by-Wire: SBW systems offer greater
flexibility in design and may enable features like variable steering
ratios, customizable steering feel, and even semi-autonomous driving
capabilities. These systems can be integrated more seamlessly into
advanced driver-assistance systems.
- Weight and Space Savings:
- Standard Steering: Mechanical steering
systems have a certain weight and space requirement due to the physical
linkage.
- Steer-by-Wire: SBW systems have the
potential to reduce weight and free up space in the vehicle, as there is
no need for a mechanical linkage.
Regional Analysis
Geographically, the global automotive
steer-by-wire system industry has been segmented into four major regions,
namely, North America, Europe, Asia Pacific, and the Rest of the World.
Europe is projected to hold the
highest revenue market share throughout the forecast period owing to the
presence of key automotive consuming countries like Germany, the UK, Italy,
Spain, and Russia. Top automobile manufacturers in Europe are increasing their
awareness of new technologies and their availability at a reduced cost, which
is predicted to stimulate demand for new vehicle technologies and components
such as automotive steer-by-wire systems. Increased demand for luxury vehicles
in the Asia Pacific due to rising average disposable income and consumer
purchasing power is expected to boost sales of automotive steer-by-wire
systems.
Key Players
The prominent players in the
global Germany Automotive Steer-by-Wire System Market include ZF
Friedrichshafen AG (Germany), Nissan Motor Company Ltd (Japan), JTEKT
Corporation (Japan), and Thyssenkrupp AG (Germany), Paravan GmbH (Germany),
LORD Corporation (US), Nexteer Automotive (US), Danfoss Power Solutions, Inc.
(US), SKF (Sweden), and Eaton Corporation (Republic of Ireland), among others.
COVID-19 Impact on the Global Germany
Automotive Steer-by-Wire System Market
The implementation of a variety
of regulations by governments worldwide to deal with the COVID-19 disease, such
as a total shutdown of manufacturing units, is anticipated to have an effect on
the growth of the global automotive steer-by-wire system industry.
Market Segmentation
·
The global Germany Automotive Steer-by-Wire
System Market has been segmented on the basis of component, propulsion type,
and vehicle type.
·
Based on components, the global Germany
Automotive Steer-by-Wire System Market has been segmented into feedback motors,
angular sensors, steering actuators, and others.
·
Based on propulsion type, the global Germany
Automotive Steer-by-Wire System Market has been segmented into ICE and
electric.
·
Based on vehicle type, the global Germany
Automotive Steer-by-Wire System Market has been segmented into passenger cars,
light commercial vehicles, and heavy commercial vehicles.
Summary
The global Germany Automotive
Steer-by-Wire System Market is anticipated to develop at a CAGR of 14% from
2018 to 2023 (forecast period). The growing better fuel efficiency, as well as
the steady increase in fuel prices, is propelling the growth of the Germany
Automotive Steer-by-Wire System Market.
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