Shift-by-Wire System Market, Global Outlook and Forecast 2023-2029

Shift-by-wire is the system by which the transmission modes are engaged/changed in an automobile through electronic controls without any mechanical linkage between the gear shifting lever and the transmission. The transmission shifting was traditionally accomplished by mechanical links to put the vehicle in Park, Reverse, Neutral, and Drive positions through a lever mounted on the steering column or a gear shifter near the center console.
The Shift-by-Wire System industry can be broken down into several segments, Joystick, Rotatory, etc.
This report aims to provide a comprehensive presentation of the global market for Shift-by-Wire System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Shift-by-Wire System. This report contains market size and forecasts of Shift-by-Wire System in global, including the following market information:
Global Shift-by-Wire System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Shift-by-Wire System Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Shift-by-Wire System companies in 2022 (%)
The global Shift-by-Wire System market was valued at US$ 549.5 million in 2022 and is projected to reach US$ 2035.9 million by 2029, at a CAGR of 20.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
As for the Global Shift-by-Wire System market, there are several key manufacturers like ZF, Kongsberg, Ficosa, etc. The market is not only influenced by the price but also influenced by the product performance. The leading companies own the advantages on better performance, more abundant product types, better technical and impeccable after-sales service.
Asia-Pacific is the largest consumption region of Shift-by-Wire System, with a consumption market share nearly 41 %. The second is Europe; following Asia-Pacific with the consumption market share over 30%.
Based on type, Joystick is more popular in Europe than other types. Joystick is the largest market segment of Shift-by-Wire System, with a consumption market share over 65%.
According to the application, Oil-fueled Vehicle is the largest market segment, with a consumption market share nearly 92%.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Shift-by-Wire System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Shift-by-Wire System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Shift-by-Wire System Market Segment Percentages, by Type, 2022 (%)
    Joystick
    Rotary
    Lever
    Button
Global Shift-by-Wire System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Shift-by-Wire System Market Segment Percentages, by Application, 2022 (%)
    Oil-Fueled Vehicle
    Hybrid Electric Vehicle
    Electric Vehicle
Global Shift-by-Wire System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Shift-by-Wire System Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Shift-by-Wire System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Shift-by-Wire System revenues share in global market, 2022 (%)
Key companies Shift-by-Wire System sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Shift-by-Wire System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ZF Friedrichshafen AG
    Kongsberg Automotive Holding ASA
    Ficosa Internacional SA
    Tokai Rika
    GHSP
    KOSTAL Group
    Eissmann Group Automotive
    K�ster Holding GmbH
    Sila Group
    Curtiss-Wright
    ATSUMITEC CO.LTD
    Ningbo Gaofa Automotive Control System Co. LTD
    Ningbo Depulong Automobile System Co., Ltd.
    NanJing AoLian AE&EA Co.,Ltd
Outline of Major Chapters:
Chapter 1: Introduces the definition of Shift-by-Wire System, market overview.
Chapter 2: Global Shift-by-Wire System market size in revenue and volume.
Chapter 3: Detailed analysis of Shift-by-Wire System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Shift-by-Wire System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Shift-by-Wire System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.