세계의 X-by-Wire 시스템 시장(2023-2030년)

Global X-by-wire Systems Market Size, Share & Trends Analysis Report by Type (Throttle-by-Wire System, Brake-by-Wire System, Steer-by-Wire System, Park-by-Wire System, Shift-by-Wire System, and Others), and by Vehicle Type (Passenger Cars, Commercial Vehicles, and Others) Forecast Period (2024-2031)

The global X-by-wire Systems market is anticipated to grow at a CAGR of 8.8% during the forecast period (2024-2031). The market's growth is attributed to the growing demand for medium-duty electric vehicle applications across the globe. The spicer electrified zero-6 e-transmissions for medium-duty electric vehicles are designed for a specific market sector. This specialization indicates the industry's ability to adapt to varied applications and changing mobility needs. For instance, in May 2023, Dana Incorporated launched an expansion of its Spicer Electrified e-Powertrain offerings to include a family of e-Transmissions for a wide variety of medium-duty electric-vehicle applications. The spicer Electrified Zero-6 e-Transmissions improve operating range and vehicle performance for applications that are most suitable to a central drive e-Propulsion system with a conventional axle and driveshaft arrangement.

Segmental Outlook

The global x-by-wire systems market is segmented on the type and vehicle type. Based on the type, the market is sub-segmented into the throttle-by-wire system, brake-by-wire system, steer-by-wire system, park-by-wire system, shift-by-wire system, and others. Furthermore, based on vehicle type, the market is sub-segmented into passenger cars, commercial vehicles, and others. The vehicle type subcategory is expected to capture a significant portion of the market share within the passenger cars segment. The growth can be attributed to the growing popularity of premium electric vehicles, combined with an increase in globally discretionary expenditure, which has boosted the automobile steer-by-wire market.

The Brake-by-wire System Sub-Segment is Anticipated to Hold a Considerable Share of the global X-by-wire Systems Market

Among the Type, the brake-by-wire system sub-segment is expected to hold a considerable share of the global X-by-wire Systems market. The segmental growth is attributed to the increasing demand for electromechanical brake design. The transition to an electromechanical brake design signifies an evolution from conventional hydraulic systems. This development demonstrates the industry's dedication to adopting breakthrough technologies that provide precise control and reactivity, it paving the way for improved safety features. For instance, in November 2023, ZF developed an electric brake-by-wire system for future software-defined vehicles. The new brake system is essentially electromechanical, with electric motors at each wheel providing braking power. This eliminates the demand for traditional hydraulic systems and braking solutions.

Regional Outlook

The global x-by-wire systems market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, North America is anticipated to hold a prominent share of the market across the globe, owing to the automobile sector's expansion and increased demand for premium and expensive vehicles in this region.

The North America Region is Expected to Grow at a Significant CAGR in the global X-by-wire Systems Market

Among all regions, the Asia-Pacific region is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the increasing demand for weight and space efficiency. By-wire systems can help minimize vehicle weight and complexity by eliminating the need for traditional steering components. This can boost overall fuel efficiency and add extra space to the vehicle. Furthermore, manufacturers are focusing on launching to cater to the demand of the product such as steer-by-wire systems. For instance, in March 2023, Toyota has developed a new steer-by-wire system for future models, that is anticipated to debut on the Lexus RZ450e electric SUV. This system initially demonstrated on the Infiniti Q50, can substitute the standard steering system and control it using merely a few wires.

Market Players Outlook

The major companies serving the x-by-wire systems market include Hitachi Automotive Systems Americas, Inc., Infineon Group, Nissan Motor Co., LTD., Robert Bosch GmbH, Tesla Inc., and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2021, REE Automotive Collaborated with Magna, it seeks to introduce to the market fully modular electric vehicles (MEVs) 'Powered by REE' to satisfy the growing needs for next-generation EVs of major tech businesses and new electric mobility players, thereby shortening their time-to-market at scale.

The Report Covers:

• Market value data analysis of 2023 and forecast to 2031.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global x-by-wire systems market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies. Competitive strategies by identifying 'who-stands-where' in the market.

Table of Contents

1. Report Summary

• Current Industry Analysis and Growth Potential Outlook
• 1.1. Research Methods and Tools
• 1.2. Market Breakdown
  • 1.2.1. By Segments
  • 1.2.2. By Region

2. Market Overview and Insights

• 2.1. Scope of the Report
• 2.2. Analyst Insight & Current Market Trends
  • 2.2.1. Key Findings
  • 2.2.2. Recommendations
  • 2.2.3. Conclusion

3. Competitive Landscape

• 3.1. Key Company Analysis
• 3.2. AUDI AG
  • 3.2.1. Overview
  • 3.2.2. Financial Analysis
  • 3.2.3. SWOT Analysis
  • 3.2.4. Recent Developments
• 3.3. BorgWarner Inc.
  • 3.3.1. Overview
  • 3.3.2. Financial Analysis
  • 3.3.3. SWOT Analysis
  • 3.3.4. Recent Developments
• 3.4. Continental AG
  • 3.4.1. Overview
  • 3.4.2. Financial Analysis
  • 3.4.3. SWOT Analysis
  • 3.4.4. Recent Developments
• 3.5. Key Strategy Analysis

4. Market Segmentation

• 4.1. Global X-by-Wire Systems Market by Type
  • 4.1.1. Throttle-by-Wire System
  • 4.1.2. Brake-by-Wire System
  • 4.1.3. Steer-by-Wire System
  • 4.1.4. Park-by-Wire System
  • 4.1.5. Shift-by-Wire System
  • 4.1.6. Others (Drive-by-Wire Systems, and Clutch-by-Wire Systems)
• 4.2. Global X-by-Wire Systems Market by Vehicle Type
  • 4.2.1. Passenger Cars
  • 4.2.2. Commercial Vehicles
  • 4.2.3. Others (Electric Vehicles (EVs), Hybrid Vehicles, and Off-Road Vehicles)

5. Regional Analysis

• 5.1. North America
  • 5.1.1. United States
  • 5.1.2. Canada
• 5.2. Europe
  • 5.2.1. UK
  • 5.2.2. Germany
  • 5.2.3. Italy
  • 5.2.4. Spain
  • 5.2.5. France
  • 5.2.6. Rest of Europe
• 5.3. Asia-Pacific
  • 5.3.1. China
  • 5.3.2. India
  • 5.3.3. Japan
  • 5.3.4. South Korea
  • 5.3.5. Rest of Asia-Pacific
• 5.4. Rest of the World

6. Company Profiles

• 6.1. Hitachi Automotive Systems Americas, Inc.
• 6.2. Infineon Group
• 6.3. JTEKT CORP.
• 6.4. Knorr-Bremse AG
• 6.5. Lokar Performance Products
• 6.6. ME MOBIL ELEKTRONIK GMBH
• 6.7. Nexteer Automotive Corp.
• 6.8. Nissan Motor Co., LTD
• 6.9. Orscheln Products L.L.C.
• 6.10. PARAVAN GmbH
• 6.11. Robert Bosch GmbH
• 6.12. Schaeffler Group
• 6.13. SKF Group
• 6.14. Stoneridge, Inc.
• 6.15. Tesla Inc.
• 6.16. Torc Robotics, Inc.
• 6.17. ZF Friedrichshafen AG