Future-Industry

  Drive-By-Wire Market Synopsis As per the analysis by the Market Research Future Reports, the global  Drive By Wire Market  is expanding at a moderate CAGR of 9% during the forecast period. The global drive by wire market 2022 is estimated to witness expansion during the forecast period due to the rising sales of electric vehicles and plug-in hybrid electric vehicles across the globe. The usage of drive-by-wire technology in passenger cars also provides improvements in fault recognition and regulation. Therefore, it also reduces the cost of maintenance of the vehicle. The rising demand for off-road vehicles has also resulted in the demand for the drive-by-wire market. With the rising concern of increasing pollution, various rules and regulations have been implemented by the government of several countries. The usage of drive-by-wire technology in an automotive increases the fuel efficiency of an automotive by lessening the weight of the vehicle. The use of these systems improves the s