Home > Automotive > Automotive Parts > Transmission and Drivetrain > Automotive Shift-by-Wire System Market

Automotive Shift-by-Wire System Market Share

Report ID: GMI12562
Published Date: Dec 2024
Report Format: PDF

Download Free Sample

Automotive Shift-by-Wire System Market Share

Automotive Shift-by-Wire System Company Market Share, 2024

GHSP, Kongsberg, and Kostal collectively held a substantial market share of over 25% in the automotive shift-by-wire system industry in 2024. GHSP delivers advanced mechatronic solutions by integrating shift-by-wire systems with enhanced driver interaction technologies. Leveraging expertise in designing user-friendly gear shifters and control modules, GHSP tailors its products to modern vehicle interiors. The company collaborates with leading OEMs to develop customizable shift-by-wire systems, focusing on electric and autonomous vehicles. Additionally, GHSP invests in human-machine interface (HMI) technologies, providing intuitive controls to enhance user experience.

Kongsberg Automotive develops lightweight and compact shift-by-wire systems to meet the growing demand for electric and hybrid vehicles. Utilizing modular designs, Kongsberg offers adaptable solutions for various vehicle types, including passenger cars and commercial vehicles. Strategic partnerships with global OEMs and Tier 1 suppliers enable Kongsberg to deliver innovative and cost-effective systems. The company also prioritizes R&D in smart actuators and electronic control units (ECUs) to improve shift-by-wire technology performance.

Kostal specializes in electronic systems integration, creating advanced shift-by-wire technologies that seamlessly connect with other vehicle subsystems. The company focuses on miniaturized ECUs and intelligent actuator systems to reduce system weight and enhance performance. Significant investments in in-house R&D allow Kostal to develop proprietary technologies that differentiate its offerings in the competitive automotive market. Additionally, Kostal forms long-term partnerships with major OEMs to co-develop tailored solutions for premium and electric vehicles.

Automotive Shift-by-Wire System Market Companies

Major players operating in the automotive shift-by-wire system industry are:

Allison Transmission
Curtiss-Wright
Dura Shiloh
Eaton
Ficosa
GHSP
Kongsberg Automotive
Kostal
Kuester
Sila Group

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of automotive shift-by-wire system reached USD 1.6 billion in 2024 and is set to grow at a 7.1% CAGR from 2025 to 2034, driven by the growing demand for electric vehicles.

In 2024, the ECU segment accounted for over 40% of the market share and is expected to exceed USD 1.2 billion by 2034, thanks to advanced self-learning architectures optimizing shift-by-wire performance.

Germany's market accounted for over 25% of the revenue share in 2024, led by advancements in ultra-precise mechatronic technologies.

The key players in the industry include Allison Transmission, Curtiss-Wright, Dura Shiloh, Eaton, Ficosa, GHSP, Kongsberg Automotive, Kostal, Kuester, and Sila Group.