Automotive Brake-By-Wire (BBW) Systems Market is predicted to reach USD 10,748.1 millions at a CAGR of 6.4% during the forecast period 2023-2032

Market Research Future (MRFR) has published on the “Global Automotive Brake-By-Wire (BBW) Systems Market”.

The Automotive Brake-By-Wire (BBW) Systems market is estimated to register a CAGR of 6.4% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global Automotive Brake-By-Wire (BBW) Systems market Robert Bosch GmbH, Continental AG, Brembo S.p.A, AKEBONO BRAKE INDUSTRY CO., LTD., Haldex, HL Mando Corp, AISIN CORPORATION, Knorr Bremse AG, KSR International Inc., SFS Group, Hitachi Astemo, Ltd., HYUNDAI MOBIS, ZF Friedrichshafen AG, Veoneer HoldCo, LLC., Nasn Automotive Electronics, and Shanghai Tongyu Automotive Technology Co., Ltd.

Market Highlights

The global Automotive Brake-By-Wire (BBW) Systems market is accounted for to register a CAGR of 6.4% during the forecast period and is estimated to reach USD 10,748.1 million by 2032.

A braking system in an automobile is a critical component that ensures the safety of both the vehicle occupants and those on the road. In light of this, the brake-by-wire (BBW) system is gaining traction as it is in a nascent stage in terms of commercial adoption, however, due to its features car manufacturers are turning towards it, which creates a positive growth sphere for the market to explore.

With the continuously evolving automotive industry and integration of advancing technologies, the braking system is also evolving and so is their demand. For instance, in November 2022, Continental, a technology company, was awarded a significant contract in Q3 for its semi-dry brake system (Future Brake System, FBS), valued at USD 1.6 billion. The system, set to commence series production with a North American car manufacturer in 2025, has generated over USD 2.2 billion in sales since its launch. This reflects the growing need and demand for enhanced braking and safety systems for the future automotive industry.

Unlike traditional braking systems, for instance, hydraulic is diversely used across the globe, which relies on a mechanical link between the brake pedal and the brake components. When the driver presses the brake pedal, hydraulic fluid is transmitted to the brake calipers or drums, resulting in friction that slows down the vehicle. This system has been the standard for decades, known for its reliability and simplicity. The BBW system, on the other hand, replaces the traditional mechanical linkages with electronic sensors, wires, and actuators. In a BBW system, the brake pedal is not directly connected to the brake components; it instead sends electronic signals to a control unit. This unit interprets the driver's input and commands the actuators to apply the brakes accordingly. This also reduces brake timing and advanced technology will enhance this feature. In addition, such a feature is essential with the growing demand for autonomous vehicles growing trend and investments.

Browse In-depth Detailed Research Report [Table of Content, List of Figures, List of Tables] of Automotive Brake-By-Wire (BBW) Systems Market

Segment Analysis

The global Automotive Brake-By-Wire (BBW) Systems market has been segmented based on component, type, solution type, vehicle type, vehicle propulsion, and sales channel.

Based on component, the market is segmented into Below Brake Pedal Sensor¸Electronic Control Unit (ECU), Brake Actuators, Wheel Speed Sensors, Steering Wheel Angle Sensors, Yaw sensor, Pressure Sensor, and Others. The Electronic Control Unit (ECU) segment was attributed to holding the largest market share in 2022 with a market share of ~22.5% revenue as estimated by MRFR analysts.

Based on type, the global Automotive Brake-By-Wire (BBW) Systems market has been segmented into Electro-Hydraulic Brakes (EHB), Electro-Mechanical Brakes (EMB), and Electric Parking Brakes (EPB). The Generative Electric Parking Brakes (EPB) segment was expected to hold the largest market share in 2022.

Based on the Solution Type, the market is segmented into One Box and Two Box. The Two Box segment is projected to have the largest market share during the forecast period.

Based on the vehicle type, the market is segmented into Passenger Cars, Commercial Vehicles, Off-Highway Vehicles, and Two-Wheelers. The Passenger Cars segment is projected to have the largest market share during the forecast period.

Based on the Vehicle Propulsion, the market is segmented into ICE and Electric Vehicles. The ICE segment is projected to have the largest market share during the forecast period.

Based on the sales channel, the market is segmented into ICE and Electric Vehicles. The OEM segment is projected to have the largest market share during the forecast period.

Regional Analysis

The global Automotive Brake-By-Wire (BBW) Systems market, based on region, has been divided into North America, Europe, Asia-Pacific, and Middle East & Africa, and South and center America. North America consists of US, Canada, and Mexico. The Europe Automotive Brake-By-Wire (BBW) Systems market comprises of UK Germany, France, Italy, Spain, Austria, Turkey, Belgium, Poland, Romania, and Rest of Europe. The Automotive Brake-By-Wire (BBW) Systems market in Asia-Pacific has been segmented into China, Japan, South Korea, South Asia, and the rest of Asia-Pacific. The South and center America Automotive Brake-By-Wire (BBW) Systems market comprises of Brazil, Argentina, Colombia, and Rest of South America.  

The growth of the automotive BBW systems market in North America is attributed to the strong presence of automotive manufacturers and technological advancements in the region. The growth of the market in the region is attributed to the increasing focus on vehicle safety and regulations mandating the integration of advanced safety systems. Automotive BBW systems offer enhanced braking performance, stability, and control, aligning with the region's emphasis on safety standards. Additionally, the growing adoption of electric vehicles (EVs) in North America is driving the demand for Automotive BBW systems.

The Europe is the highest shareholder in generative AI in fulfilment and logistic. The growth of the automotive BBW systems market in Europe is driven by several factors, including stringent safety regulations, technological advancements, and the presence of leading automotive manufacturers. One driving factor specific to the region is the increasing demand for advanced safety features and systems in vehicles. Automotive BBW systems offer improved braking performance, responsiveness, and control, aligning with the region's focus on vehicle safety. Moreover, Europe has witnessed a rapid increase in the adoption of electric vehicles, which further drives the demand for Automotive BBW systems.

The growth of the automotive BBW systems market in Asia-Pacific is attributed to the region's booming automotive industry, increasing disposable incomes, and technological advancements. The growth of the market in the region is attributed to the growing demand for passenger vehicles and commercial vehicles. The increasing urbanization, rising middle-class population, and improving infrastructure contribute to the growing vehicle sales in the region. Automotive BBW systems offer enhanced safety, performance, and control, which align with the region's focus on improving driving experience and safety standards. Furthermore, the Asia-Pacific region is a leading market for electric vehicles, with China being the largest market for EVs globally.

The growth of the automotive BBW systems market in this region is attributed to the increasing automotive production, economic growth, and rising consumer demand for safety features. The growth of the market in the region is attributed to improving infrastructure and expanding automotive manufacturing capabilities. The region has witnessed significant investments in the automotive sector, leading to increased vehicle production and demand for advanced braking technologies. Automotive BBW systems offer improved braking performance, stability, and control, aligning with the region's focus on enhancing vehicle safety.

Key Findings of the Study

• The global Automotive Brake-By-Wire (BBW) Systems market is expected to reach USD 10,748.1 million by 2032, at a CAGR of 6.4% during the forecast period.


• The Europe region accounted for the fastest-growing global market, as it has region's large manufacturing and logistics industries.


• Based on Component, the Electronic Control Unit (ECU) segment was attributed to holding the largest market in 2022, with an approximate market share of 22.5%.


• Microsoft Corporation Robert Bosch GmbH, Continental AG, Brembo S.p.A, AKEBONO BRAKE INDUSTRY CO., LTD., Haldex, HL Mando Corp, AISIN CORPORATION, Knorr Bremse AG, KSR International Inc., SFS Group, Hitachi Astemo, Ltd., HYUNDAI MOBIS, ZF Friedrichshafen AG, Veoneer HoldCo, LLC., Nasn Automotive Electronics, and Shanghai Tongyu Automotive Technology Co., Ltd.