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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
INTRODUCTION
Shift-by-wire actuators are electronic components that make it possible to electronically shift a vehicle's transmission as opposed to using a mechanical linkage. They operate the transmission with electric motors, enabling the computer in the car to programme smooth and accurate shifts.
Modern vehicles increasingly use shift-by-wire systems because they have a variety of benefits over conventional mechanical shift systems. For a more fluid driving experience, they can be connected with other electronic systems in the car, like adaptive cruise control and lane departure warning.
Typically, shift-by-wire actuators are made up of a motor, gearbox, and position sensor. The gear train transforms the motor's rotational motion into linear motion to engage the transmission's gears, while the motor is employed to activate the gearbox. The position sensor gives the car's computer feedback to make sure the transmission is in the right gear.
Shift-by-wire actuators are a crucial part of contemporary automobile transmissions because they provide superior electronic system integration, increased control, and precision when shifting.
GLOBAL SHIFT-BY-WIRE ACTUATORS MARKET SIZE AND FORECAST
Global Shift-by-Wire Actuators market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
NEW PRODUCT LAUNCH
With the "Electric Actuator for Shift-by-wire for cars, NTN Corporation aims to achieve significant weight savings and a more compact size.
With the goal of enhancing vehicle comfort, safety, weight savings, and economy in order to enhance fuel efficiency, there has been an emphasis on electrifying automobiles in recent years with a switch from manually and hydraulically driven devices to those operated with electric drive motors.
In order to improve the effectiveness of converting the rotating force of motors to linear or reciprocal motion, drive motors (actuator units) used in electrically controlled devices have also migrated more and more to the usage of ball screws instead of slide screws and worm gears.
Ball screw technology, which is more effective and compact than standard products and enables better efficiency and greater reliability for shift-by-wire, is included into the "Electric Actuator for Shift-by-Wire" created by NTN.
In order to reduce the number of parts, shrink the size, and achieve significant weight savings of 60% compared to traditional goods, the dual shaft structureâthat of the ball screw shaft and output shaftâhas been evaluated and combined into a single shaft.
There is no longer a need for a separate positional sensor or the accompanying assembly procedures since a patented positional sensor that detects the position of protrusions directly from the output shaft has been integrated inside the compact frame.
COMPANY PROFILE
THIS REPORT WILL ANSWER FOLLOWING QUESTIONS
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |