Global and United States Shift-by-Wire System Market Report & Forecast 2022-2028
Shift-by-wire is the system by which the transmission modes are engaged/changed in an automobile through electronic controls without any mechanical linkage between the gear shifting lever and the transmission. The transmission shifting was traditionally accomplished by mechanical links to put the vehicle in Park, Reverse, Neutral, and Drive positions through a lever mounted on the steering column or a gear shifter near the center console.
The Shift-by-Wire System industry can be broken down into several segments, Joystick, Rotatory, etc.
Market Analysis and Insights: Global and United States Shift-by-Wire System Market
This report focuses on global and United States Shift-by-Wire System market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Shift-by-Wire System market size is estimated to be worth US$ 658.6 million in 2022 and is forecast to a readjusted size of US$ 2118.7 million by 2028 with a CAGR of 21.5% during the review period. Fully considering the economic change by this health crisis, by Type, Joystick accounting for % of the Shift-by-Wire System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Oil-Fueled Vehicle was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
As for the Global Shift-by-Wire System market, there are several key manufacturers like ZF, Kongsberg, Ficosa, etc. The market is not only influenced by the price but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product types, better technical and impeccable after-sales service.
Asia-Pacific is the largest consumption region of Shift-by-Wire System, with a consumption market share nearly 41 %. The second is Europe; following Asia-Pacific with the consumption market share over 30%.
Based on type, Joystick is more popular in Europe than other types. Joystick is the largest market segment of Shift-by-Wire System, with a consumption market share over 65%.
According to the application, Oil-fueled Vehicle is the largest market segment, with a consumption market share nearly 92%.
Global Shift-by-Wire System Scope and Market Size
Shift-by-Wire System market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Shift-by-Wire System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Shift-by-Wire System market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Joystick
Rotary
Lever
Button
Segment by Application
Oil-Fueled Vehicle
Hybrid Electric Vehicle
Electric Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
ZF Friedrichshafen AG
Kongsberg Automotive Holding ASA
Ficosa Internacional SA
Tokai Rika
GHSP
KOSTAL Group
Eissmann Group Automotive
Küster Holding GmbH
Sila Group
Curtiss-Wright
ATSUMITEC CO.LTD
Ningbo Gaofa Automotive Control System Co. LTD
Ningbo Depulong Automobile System Co., Ltd.
NanJing AoLian AE&EA Co.,Ltd
The Shift-by-Wire System industry can be broken down into several segments, Joystick, Rotatory, etc.
Market Analysis and Insights: Global and United States Shift-by-Wire System Market
This report focuses on global and United States Shift-by-Wire System market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Shift-by-Wire System market size is estimated to be worth US$ 658.6 million in 2022 and is forecast to a readjusted size of US$ 2118.7 million by 2028 with a CAGR of 21.5% during the review period. Fully considering the economic change by this health crisis, by Type, Joystick accounting for % of the Shift-by-Wire System global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Oil-Fueled Vehicle was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
As for the Global Shift-by-Wire System market, there are several key manufacturers like ZF, Kongsberg, Ficosa, etc. The market is not only influenced by the price but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product types, better technical and impeccable after-sales service.
Asia-Pacific is the largest consumption region of Shift-by-Wire System, with a consumption market share nearly 41 %. The second is Europe; following Asia-Pacific with the consumption market share over 30%.
Based on type, Joystick is more popular in Europe than other types. Joystick is the largest market segment of Shift-by-Wire System, with a consumption market share over 65%.
According to the application, Oil-fueled Vehicle is the largest market segment, with a consumption market share nearly 92%.
Global Shift-by-Wire System Scope and Market Size
Shift-by-Wire System market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Shift-by-Wire System market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Shift-by-Wire System market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Joystick
Rotary
Lever
Button
Segment by Application
Oil-Fueled Vehicle
Hybrid Electric Vehicle
Electric Vehicle
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Colombia
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
ZF Friedrichshafen AG
Kongsberg Automotive Holding ASA
Ficosa Internacional SA
Tokai Rika
GHSP
KOSTAL Group
Eissmann Group Automotive
Küster Holding GmbH
Sila Group
Curtiss-Wright
ATSUMITEC CO.LTD
Ningbo Gaofa Automotive Control System Co. LTD
Ningbo Depulong Automobile System Co., Ltd.
NanJing AoLian AE&EA Co.,Ltd
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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