Automotive Brake-By-Wire (BBW) Systems Market Research Reports Information By Component (Brake pedal sensor, Electronic control unit (ecu), Brake actuators, Wheel speed sensors, Steering wheel angle sensors, Yaw sensor, Pressure sensor, and Others), By Type (Electro-hydraulic brakes (EHB), Electro-mechanical brakes (EMB), and Electric parking brakes (EPB)), By vehicle type (Passenger cars, Commercial vehicles, Off-highway vehicles, and Two-wheelers), by solution (One box and Two box) by vehicle propulsion (Ice and Electric vehicles) by sale

Global Automotive Brake-By-Wire (BBW) Systems Market Overview

Automotive Brake-By-Wire (BBW) Systems Market Size was valued at USD   5,403.3 million in 2022. The Automotive Brake-By-Wire (BBW) Systems market industry is projected to grow from USD   5,791.6 million in 2023 to USD 10,748.1 million by 2032, exhibiting a compound annual growth rate (CAGR) of 6.4% during the forecast period (2023 - 2032). Increasing demand of BBW systems in modern automobiles due to their numerous advantages over traditional mechanical brake systems and Increasing demand for advanced safety features are the key market drivers boosting the growth of the Automotive Brake-By-Wire (BBW) Systems market.  

Figure 1: Automotive Brake-By-Wire (Bbw) Systems Market Size 2019-2032 (Usd Million)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Automotive Brake-By-Wire (BBW) Systems Market Trends

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  The miniaturization of components is expected to drive market growth.

  
  

Recent years have seen a notable increase in the BBW market, mostly due to the trend of automotive system component shrinking. This change in technology is improving performance, safety, and efficiency by substituting electronic components for traditional mechanical ones in braking systems. Thus, the increasing miniaturization of components is propelling the growth of the BBW market.

The surge in BBW adoption is growing due to the push for lightweight and compact vehicle designs. As automakers strive to enhance fuel efficiency and reduce emissions, the demand for smaller and lighter components has intensified. Miniaturization allows for the integration of electronic braking systems into vehicles without adding significant weight, contributing to overall weight savings and improved fuel efficiency. This aligns with global efforts to develop greener and more sustainable transportation solutions.

Moreover, miniaturization enables the integration of advanced sensing and control technologies within braking systems. Electronic components, such as sensors and microcontrollers, are becoming smaller and more powerful, facilitating the implementation of smart braking systems. These systems continuously monitor various parameters, such as wheel speed, vehicle dynamics, and driver inputs, providing real-time data for precise and adaptive brake control. As a result, BBW systems offer enhanced safety features, such as anti-lock braking systems (ABS) and electronic stability control (ESC), contributing to the overall safety of the vehicle.

Automotive Brake-By-Wire (BBW) Systems Market component Segment Insights

Automotive Brake-By-Wire (BBW) Systems Component Insights

Based on component, the Automotive Brake-By-Wire (BBW) Systems Market segmentation includes 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) held the majority share in 2022, contributing around ~22.5% to the market revenue. The primary control module of the BBW system is the electronic control unit (ECU). It processes the data after receiving input signals from a variety of sensors to choose the proper braking action. The ECU analyzes the information from sensors such as the brake pedal sensor, wheel speed sensors, steering wheel angle sensors, and pressure sensors to calculate the desired brake actuation. It controls the operation of the brake actuators to deliver the required braking force to each wheel. The ECU also incorporates advanced algorithms and safety features to optimize braking performance, stability, and control. It plays a critical role in ensuring the proper functioning of the BBW system and enhancing overall vehicle safety.

Figure 2: Automotive Brake-By-Wire (Bbw) Systems Market, By Component, 2022 Vs 2032 (Usd Million)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Automotive Brake-By-Wire (BBW) Systems Type Insights

Based on Type, the Automotive Brake-By-Wire (BBW) Systems Market segmentation includes Electro-hydraulic brakes (ehb), Electro-mechanical brakes (emb), and Electric parking brakes (epb). The Electric Parking Brakes (EPB) held the majority share in 2022. Electric Parking Brakes (EPB) are a specific type of brake-by-wire system designed for parking and emergency braking functions. EPB systems replace the conventional handbrake or foot-operated parking brake with an electronic control switch or button. When activated, the EPB system engages the brakes using electric motors or actuators, providing secure and reliable parking brake functionality. EPB systems offer convenience, space-saving benefits, and compatibility with advanced vehicle control systems. They are increasingly being adopted in various vehicle types, including passenger cars, SUVs, and commercial vehicles. The growth of the EPB subsegment is driven by its key feature of offering convenience, space-saving, and enhanced safety.

Automotive Brake-By-Wire (BBW) Systems Vehicle Type Insights

Based on vehicle type, the Automotive Brake-By-Wire (BBW) Systems Market segmentation includes Passenger cars, Commercial vehicles, Off-highway vehicles, and Two-wheelers. The Passenger cars held the majority share in 2022. In the BBW systems market, the passenger cars category comprises a range of car models, including sedans, hatchbacks, SUVs, and luxury cars. Widespread use of BBW systems in passenger cars improves control, safety, and braking effectiveness. The integration of BBW systems in passenger cars offers benefits such as improved responsiveness, stability, and optimized brake force distribution. The growth of this subsegment is attributed to the increasing demand for advanced safety features and improved driving experience in passenger cars. BBW systems offer enhanced braking performance, responsiveness, and control, thereby enhancing overall vehicle safety.

Automotive Brake-By-Wire (BBW) Systems solution Insights

Based on solution, the Automotive Brake-By-Wire (BBW) Systems Market segmentation includes One box and two box. The Two box held the majority share in 2022. Within the BBW systems industry, a modular system that divides the ECU and other components into two independent pieces is known as a Two Box solution type. It involves two independent units an actuator and an ECU that are connected via wiring or communication interfaces. Two Box solutions offer flexibility in system design, allowing for customized installation and placement of components. They provide modular scalability, ease of maintenance, and the ability to accommodate different vehicle architectures. Two Box solutions are commonly used in vehicles where specific placement of components is required or where certain components need to be located closer to specific subsystems or functions.

Automotive Brake-By-Wire (BBW) Systems vehicle propulsion Insights

Based on vehicle propulsion, the Automotive Brake-By-Wire (BBW) Systems Market segmentation includes Ice and Electric vehicles. The ICE held the majority share in 2022. ICE vehicles are powered by traditional internal combustion engines fueled by gasoline or diesel. The growth of the ICE subsegment is attributed to the continued dominance of ICE vehicles in the global automotive market. BBW systems offer improved braking performance, responsiveness, and control, contributing to overall vehicle safety and performance.

Automotive Brake-By-Wire (BBW) Systems Sales Channel Insights

Based on sales channel, the Automotive Brake-By-Wire (BBW) Systems Market segmentation includes OEM and Aftermarket. The OEM held the majority share in 2022.

Automotive Brake-By-Wire (BBW) Systems Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, and South & Central America. The Europe Automotive Brake-By-Wire (BBW) Systems market accounted for ~38.2% in 2022. the region's large Automotive Brake-By-Wire (BBW) Systems industries, as well as the growing popularity of sports. The use of Automotive Brake-By-Wire (BBW) Systems is expected to grow significantly in the coming years as companies seek to improve efficiency, productivity, and safety in their material handling and transportation operations.

One of the key factors driving the demand for Automotive Brake-By-Wire (BBW) Systems in Europe is the region's large online sport betting industry. 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. Additionally, the growing trend of vehicle electrification, the integration of ADAS, and the development of autonomous vehicles contribute to the growth of the automotive BBW systems market in Europe.

Figure 3: Automotive Brake-By-Wire (Bbw) Systems Market Size By Region 2022 Vs 2032

Secondary Research, Primary Research, MRFR Database, and Analyst Review

Further, the major countries studied in the market report are the U.S., Canada, Germany, France, the UK, Italy, Spain, China, Japan, Australia, South Korea, and Brazil.

Asia-pacific market accounts for the second-largest market share. 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.

Automotive Brake-By-Wire (BBW) Systems Key Market Players& Competitive Insights

With a strong presence across different verticals and geographies, the Automotive Brake-By-Wire (BBW) Systems market is highly competitive and dominated by established, pure-play vendors. Over 20 vendors cater to this market, and they continually innovate their solutions to meet the evolving needs of businesses by adopting new technologies. These vendors have a robust geographic footprint and partner ecosystem to cater to diverse customer segments. The Automotive Brake-By-Wire (BBW) Systems market is highly competitive, with many vendors offering similar products and services.

The major players in the market include Robert Bosch GmbH, Continental AG, Brembo S.p.A, AKEBONO BRAKE INDUSTRY CO., LTD., and Haldex Industries Corporation constantly takes on new challenges to ensure the stability of its management foundation by extending its reach into business fields such as engine production, vehicle assembly, and the development and production of lift trucks and car air-conditioning compressors. It concentrates on broadening its product offerings to reach new audiences in the global market.

The Automotive Brake-By-Wire (BBW) Systems Market is consolidated, increasing competition, acquisitions, mergers, and other strategic market developments and decisions to improve operational effectiveness.

Key Companies in the Automotive Brake-By-Wire (BBW) Systems market include

• 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


• Shanghai Tongyu Automotive Technology Co., Ltd.

Automotive Brake-By-Wire (BBW) Systems Industry Developments

• In September 2023, Hyundai Mobis launched the product MOBIS MOBILITY MOVE 2.0 with the European market expansion strategy 'MOBIS MOBILITY MOVE 2.0. The strategy of Growth focused on its three core businesses: electrification (battery/PE systems), next-generation chassis (X-By-Wire), and connectivity.


• In March 2023, ZF Friedrichshafen AG introduced Brake-by-Wire Solutions at CONEXPO/CONAGG 2023. The brake-by-wire technology from the company is an advancement since it enables automakers to regulate braking through an electronic signal that modifies brake pressure when necessary, doing away with the necessity for hydraulic lines inside the cab and moving toward remote and autonomous operation.

Automotive Brake-By-Wire (BBW) Systems Market Segmentation

Global Automotive Brake-By-Wire (BBW) Systems component Outlook

• Brake pedal sensor


• Electronic control unit (ecu)


• Brake actuators


• Wheel speed sensors


• Steering wheel angle sensors


• Yaw sensor


• Pressure sensor


• Others

Global Automotive Brake-By-Wire (BBW) Type Outlook

• Electro-hydraulic brakes (ehb)


• Electro-mechanical brakes (emb)


• Electric parking brakes (epb)

Global Automotive Brake-By-Wire (BBW) Systems vehicle type Outlook

• Passenger cars


• Commercial vehicles


• Off-highway vehicles


• Two-wheelers

Global Automotive Brake-By-Wire (BBW) Systems solution Outlook

• One box


• Two box

Global Automotive Brake-By-Wire (BBW) Systems Vehicle Propulsion Outlook

• ICE


• Electric vehicles

Global Automotive Brake-By-Wire (BBW) Systems sales channel Outlook

• OEM


• Aftermarket

Automotive Brake-By-Wire (BBW) Systems Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  • Mexico
  
  
  
  


• Europe
  
  
  
  • UK
  
  
  • Germany
  
  
  • France
  
  
  • Italy
  
  
  • Spain
  
  
  • Austria
  
  
  • Turkey
  
  
  • Belgium
  
  
  • Poland
  
  
  • Romania
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • South Korea
  
  
  • South Asia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• South and Center America
  
  
  
  • Brazil
  
  
  • Argentina
  
  
  • Colombia
  
  
  • Rest of South America