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.

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