Market Size of Germany X-by-wire Systems Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2019 - 2022 |
| CAGR | > 31.00 % |
| Market Concentration | Medium |
Major Players.webp)
*Disclaimer: Major Players sorted in no particular order |
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Germany X-by-wire Systems Market Analysis
The Germany X-by-wire systems market was valued at USD 42.05 million, and it is expected to reach USD 180 million by registering a CAGR of 31% during the forecast period.
- X-by-wire or drive-by-wire system is the use of electromechanical technology in cars to replace mechanical linkages. There are different types of x-by-wire technologies in the marketplace, like throttle-by-wire systems, brake-by-wire systems, steer-by-wire systems, and park-by-wire systems. At present, this technology is implemented separately in the engine control, braking, or steering system.
- There are multiple advantages of drive-by-wire technology, such as replacing the conventional mechanical throttle, braking, and steering systems with electronics, which reduces servicing needs and costs.
- The X-by-wire technology has been in use in aerospace and is now finding its application in the automotive industry. One of the major factors helping automotive manufacturers to incorporate this feature in vehicles is the availability of a variety of semiconductor ICs that are cheap and can meet the cost targets to provide the control, power, and communications required for these systems.
