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Drive By Wire Market -Emerging Innovations Expected to Boost the Global Revenue
Jan 25th, 2021 · Comments Off on Drive By Wire Market -Emerging Innovations Expected to Boost the Global Revenue
The Drive by Wire Market, by value, was estimated to be $24.0 billion in 2020 and is projected to reach $31.9 billion by 2025, at a CAGR of 5.9%.
The growth of the drive by wire market can be attributed to achieving better fuel economy by vehicle weight reduction. Also, owing to the rising demand for premium and luxury vehicles, the demand for advanced technologies is increasing, which, in turn,...