Press Release

Automotive Steer-by-Wire (SBW) System Market to Grow with a CAGR of 7.64% Through 2028

Automotive Steer-by-Wire (SBW) System Market to Grow with a CAGR of 7.64% through 2028

The rise of electric vehicles (EVs) is a significant driver, as SBW systems seamlessly integrate with electric platforms, offering precise and adaptable steering control are the factors driving market in the forecast period 2024-2028.


According to TechSci Research report, “Automotive Steer-by-Wire (SBW) System Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028”, the Global Automotive Steer-by-Wire (SBW) System Market stood at USD 3.52 Billion in 2022 and is anticipated to grow with a CAGR of 7.64% in the forecast period, 2024-2028. The Global Automotive Steer-by-Wire (SBW) System Market is at the forefront of a revolutionary transformation in vehicle steering technology. SBW replaces conventional mechanical linkages with sophisticated electronic control systems, allowing for precise and adaptable steering control without the need for a direct physical connection between the steering wheel and the wheels. This paradigm shift offers automakers unparalleled flexibility in designing vehicle interiors and steering configurations, paving the way for innovative and futuristic designs.

A primary driver behind the adoption of SBW systems is the surge in electric vehicle (EV) popularity. With the global automotive industry embracing electrification, SBW seamlessly integrates with electric platforms, providing optimal steering control for electric vehicles. The technology's adaptability is further emphasized as the automotive landscape evolves towards increased autonomy. SBW plays a pivotal role in supporting the precise steering requirements of autonomous vehicles, contributing to their safe and efficient navigation.

Additionally, the market is influenced by the industry's commitment to enhanced fuel efficiency and sustainability. SBW systems contribute to weight reduction and improved overall vehicle efficiency by eliminating traditional steering components. As governments worldwide push for stricter environmental standards, SBW emerges as a crucial component in achieving greener and more eco-friendly automotive solutions. The Global Automotive Steer-by-Wire System Market, fueled by these drivers, signifies a transformative era in vehicle steering, defining the trajectory of the automotive industry towards advanced, connected, and environmentally conscious mobility.

The Global Automotive Steer-by-Wire (SBW) System Market is witnessing notable trends that are shaping the future of automotive steering technology. One prominent trend is the increasing integration of SBW systems in electric vehicles (EVs), aligning with the global shift towards electrification. As EV adoption accelerates, automakers are prioritizing the implementation of advanced electronic steering solutions to complement electric platforms. Another trend is the growing emphasis on autonomous driving features, with SBW playing a critical role in providing the precise and adaptable steering control required for self-driving vehicles. Additionally, the market reflects a trend towards collaborative efforts between traditional automakers and technology companies, fostering innovation and the development of sophisticated SBW systems that enhance safety, connectivity, and overall driving experiences. These trends collectively underscore the dynamic evolution of SBW technology within the automotive sector.


Browse over  market data Figures spread through 180 Pages and an in-depth TOC on " Global Automotive Steer-by-Wire (SBW) System Market.”


North America, the adoption of Automotive Steer-by-Wire (SBW) systems is driven by a combination of technological innovation and a mature automotive industry. The region, home to major automotive manufacturers and tech hubs, is witnessing a rapid integration of SBW technology. The United States, in particular, is a hotspot for research and development in advanced steering solutions, with collaborations between automakers and technology companies shaping the market. Regulatory support for autonomous driving features and the consumer demand for cutting-edge automotive technologies contribute to the prominence of SBW systems in North America. The region's dynamic automotive landscape positions it as a key player in steering the global trajectory of SBW technology.

Europe stands as a pivotal market for SBW systems, characterized by a strong emphasis on safety, sustainability, and engineering excellence. European automakers are actively integrating SBW technology to enhance steering precision and support advanced driver-assistance features. Germany, a powerhouse in automotive engineering, plays a leading role in SBW research and development. The European market showcases a nuanced approach, balancing the adoption of SBW in luxury and performance vehicles with a commitment to meeting stringent safety standards and regulatory requirements. The collaborative efforts between established automakers and emerging tech firms contribute to Europe's position as a hub for SBW advancements.

The Asia-Pacific region, led by automotive giants such as China and Japan, is experiencing a surge in the adoption of SBW systems. China's booming electric vehicle market and the push towards autonomous driving technologies are major drivers for advanced steering solutions. Japanese automakers, known for their technological prowess, actively contribute to the evolution of SBW systems. The dynamic automotive landscape in the Asia-Pacific region reflects a blend of consumer demand for innovative features and government initiatives supporting smart mobility solutions. As the region embraces advancements in connectivity and automation, SBW technology plays a crucial role in shaping the steering dynamics of vehicles in alignment with the unique demands of the Asian market.

Latin America is gradually incorporating SBW systems into its automotive landscape, navigating economic considerations and diverse regulatory environments. While the adoption may be more gradual compared to other regions, there is a growing interest in enhancing vehicle safety and driving experiences. Collaborations between local manufacturers and global technology providers contribute to the introduction of SBW technology in the region, particularly in urban areas where maneuverability and safety are paramount. Latin America's automotive market presents opportunities for SBW growth as awareness of advanced steering solutions continues to expand.

The Middle East and Africa are exploring the potential of SBW systems, aligning with the region's focus on smart city initiatives and sustainable transportation solutions. The luxury vehicle segment in the Middle East, known for its penchant for cutting-edge automotive technologies, contributes to the adoption of SBW in high-end vehicles. As the region embraces advancements in connectivity and automation, SBW technology plays a role in shaping the steering dynamics of vehicles, addressing the unique demands of Middle Eastern roads and driving conditions. The evolving automotive landscape in the Middle East and Africa reflects a gradual integration of SBW systems, with potential growth opportunities as the technology gains traction in this region.


Major companies operating in Global Automotive Steer-by-Wire (SBW) System Market are:

  • Nissan Motor Company Ltd
  • ZF Friedrichshafen AG
  • JTEKT Corporation
  • Thyssenkrupp AG
  • Paravan GmbH
  • Nexteer Automotive
  • Danfoss Power Solutions, Inc.
  • SKF
  • LORD Corporation
  • Eaton Corporation


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“Automotive Steer-by-Wire (SBW) systems as a pivotal advancement in vehicle steering, transforming the driving experience and paving the way for unprecedented design flexibility. The elimination of mechanical linkages allows for innovative cabin layouts and contributes to the development of autonomous driving capabilities. As the automotive industry embraces electrification and connectivity, SBW emerges as a critical technology that not only enhances safety and responsiveness but also marks a significant step toward the future of intelligent and sustainable mobility,” said Mr. Karan Chichi, Research Director with TechSci Research, a research-based management consulting firm.

Automotive Steer-by-Wire (SBW) System Market – Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Propulsion Type (ICE and Electric), By Vehicle Type (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle), By Component (Feedback Motors, Angular Sensors, Steering Actuators and Others), By Region, Competition, 2018-2028, has evaluated the future growth potential of Global Automotive Steer-by-Wire (SBW) System Market and provides statistics & information on market size, structure, and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in Global Automotive Steer-by-Wire (SBW) System Market.


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Automotive Steer-by-Wire (SBW) System Market – Global Industry Size, Share, Trends Opportunity, and Forecast, Segmented By Propulsion Type (ICE and Electric), By Vehicle Type (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle), By Component (Feedback Motors, Angular Sensors, Steering Actuators and Others), By Region, Competition 2018-2028

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The rise of electric vehicles (EVs) is a significant driver, as SBW systems seamlessly integrate with electric platforms, offering precise and adaptable steering control are the factors driving market in the forecast period 2024-2028.

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