The automotive brake-by-wire systems market is expected to have a CAGR of 25.64% from 2022 to 2027, resulting in a market size surge of USD 10.33 billion. This is due to the effectiveness and efficiency of brake-by-wire systems, the trend of vehicle electrification, and the demand for lightweight vehicles. Major players like Brembo Spa, Continental AG, Haldex AB, and others are strengthening their market presence through alliances, partnerships, and innovation.
Read MoreNew vehicle production issues combined with steady demand fueled by continued population growth have created unprecedented profit margins on historically low volumes. The past 18 months have raised many pressing issues about the sector’s ability to sustain this high-octane dynamic. Among them is how industry executives can make the best decisions when conventional key performance indicators (KPIs) are out of whack.
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