DUBLIN, September 6, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Automotive Throttle-By-Wire-System Market 2016-2020" report to their offering.
The report forecasts the global automotive throttle-by-wire-system market to grow at a CAGR of 4.78% during the period 2016-2020.
According to the report, rapid powertrain electrification in vehicles will be a key driver for market growth. Electrification of vehicles, in the form of powertrain, infotainment, connected vehicles, safety systems and electronics, among others is a trend which has been ongoing for quite some time. It is expected that this trend is going to continue in the forecast period, leading to a wider replacement of mechanical systems with electronics alternatives.
Further, the report states that use of redundant systems will be a challenge for the market. Current TBW systems usually consist of multiple electronic control modules (redundancy), for safety reasons. The reason for the same is simple - in case one of the modules fail, there is always another to act as a backup.
Some TBW systems also use redundant sensor arrays for this purpose. The end result of such redundancy is the increased cost of TBW system enabled cars. Carmakers introducing TBW in their entire lineups (due to fear of regulatory backlash) have reported a distinct correlation of a marked fall in sales with respect to rise in on road prices of TBW-equipped vehicles, especially in the mid-level passenger car segment.
- Curtiss Wright
- Infineon Technologies AG
- Magneti Marelli S.p.A.
- Mobile Control Systems
- Robert Bosch GmbH
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by geography
PART 07: Market segmentation by vehicle type
PART 08: Market segmentation by end-user
PART 09: Market trends
PART 10: Market drivers
PART 11: Market challenges
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/zpsxc6/global_automotive
Related Topics: Automotive Commodities
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SOURCE Research and Markets