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The Germany X-by-wire systems market is segmented by Type (Throttle-by-wire System, Brake-by-wire System, Steer-by-wire System, Park-by-wire System, and Shift-by-wire System), and by Vehicle Type (Passenger Cars and Commercial Vehicles).
2018 - 2026
The Germany X-by-wire systems market is poised to register a CAGR of over 9% over the forecast period (2020-2025).
The Germany X-by-wire systems market covers the latest trends and technological development and provides analysis on the market demand by type, vehicle type, and market share of major x-by-wire systems manufacturing companies across Germany.
|By Vehicle Type|
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The reduction of mechanical parts on account of replacement by electrical systems also contributes to making vehicles lightweight, thereby improving fuel-efficiency of cars- a condition that has been mandatory in most developed and several developing countries in the world. It is clear that going forward, as these technologies become more efficient and affordable and fuel-efficiency laws become more comprehensive and stringent globally, the market for x-by-wire systems is bound to grow. The car manufacturers who implement this will also enjoy substantial per vehicle cost savings to boot.
In future autonomous and semi-autonomous vehicles will not have any mechanical linkage between the steering wheel and the steering gear. Many auto technology companies are launching their new technology for autonomous vehicles. For instance,
In 2020, Alcon unveiled its AAC03 brake-by-wire technology, it provides significant weight reductions and improvement in performance and usability over its previous technologies.AAC03 will be available for adoption in Formula E.
In 2019, TomTom launched its autonomous test vehicle capable of full level 5 autonomy, in partnership with Volvo to improve its various mapping technologies aimed at the burgeoning driverless car industry. The autonomous vehicle is a customized Volvo XC90 along with its drive-by-wire system.
Whereas, in race track also drive-by-wire technology is being adopted for better performance. For instance, Audi R8 LMS GT3 was fitted with Schaeffler Paravan’s Space Drive steer-by-wire system at Nürburgring in June 2019. The company’s target is to make ParavanTechnologiessystem ready for volume production by 2021.
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As a result, to combat the spread of the coronavirus in Germany, the government closed factories, shops, schools from March and asked everyone to stay at home to help curb the outbreak. One of the main industries of Germany’s economy is the automotive industry which has seen its sharpest decline in decades due to this pandemic. According to the European Commission, new car registrations in Germany decreased by 61% in April after a 38% decline in March. In addition to that country’s economy will probably shrink by 6.5% in 2020.
In May the country started easing some restrictions such as allowing shops to reopen while factories are restarting their production lines, in addition to that huge fiscal support, is announced by the German government. The total stimulus package worth USD 146 billion is announced to support companies and workers in Germany one of Europe’s largest economy to recover quickly from the pandemic.
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The Germany X-by-wire systems market is consolidated and majorly dominated by few players, such as Nissan Motor Co., Ltd., ZF Friedrichshafen AG, and Schaeffler AG. The market is highly driven by factors like advanced technology, weight reduction. To provide the safest experience to the car owner, major x-by-wire systems manufacturers are developing new technology for the future and doing partnerships with other players to stay ahead in the market. For instance,
1.1 Study Assumptions
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Type
5.1.1 Throttle-by-wire System
5.1.2 Brake-by-wire System
5.1.3 Steer-by-wire System
5.1.4 Park-by-wire System
5.1.5 Shift-by-wire Syste
5.2 By Vehicle Type
5.2.1 Passenger Cars
5.2.2 Commercial Vehicles
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Nissan Motor Co., Ltd.
6.2.2 Groupe PSA
6.2.3 Nexteer Automotive
6.2.4 ZF Friedrichshafen AG
6.2.5 Volkswagen Group
6.2.6 Orscheln Products LLC
6.2.7 Schaeffler AG
6.2.8 Audi AG
6.2.9 Silca Group
7. MARKET OPPORTUNITIES AND FUTURE TRENDS