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Drive-By-Wire Market Analysis, Trends, and Forecasts, 2025 - Global Market is Projected to Grow by $14.3 Billion - ResearchAndMarkets.com

November 14, 2019

DUBLIN--(BUSINESS WIRE)--Nov 14, 2019--

The “Drive-By-Wire - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

The Drive-By-Wire market worldwide is projected to grow by US$14.3 Billion, driven by a compounded growth of 8.5%

Throttle-By-Wire, one of the segments analyzed and sized in this study, displays the potential to grow at over 8%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$5.7 Billion by the year 2025, Throttle-By-Wire will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 9.7% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$661.6 Million to the region’s size and clout in the next 5 to 6 years. Over US$667.3 Million worth of projected demand in the region will come from the rest of the European markets. In Japan, Throttle-By-Wire will reach a market size of US$673.1 Million by the close of the analysis period.

As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 8.2% over the next couple of years and add approximately US$2.5 Billion in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders.

Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.

Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include:

Key Topics Covered:

1. Market Overview

2. Focus on Select Players

3. Market Trends & Drivers

4. Global Market Perspective

For more information about this report visit https://www.researchandmarkets.com/r/lmhdo

View source version on businesswire.com:https://www.businesswire.com/news/home/20191114005492/en/

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INDUSTRY KEYWORD: AUTOMOTIVE AUTOMOTIVE MANUFACTURING GENERAL AUTOMOTIVE TECHNOLOGY MANUFACTURING SOFTWARE HARDWARE

SOURCE: Research and Markets

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PUB: 11/14/2019 09:29 AM/DISC: 11/14/2019 09:29 AM

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