Japan Automotive X-by-wire Systems Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

X-by-wire technology refers to use of electrical or electro-mechanical systems for performing vehicle functions traditionally achieved by mechanical linkages.

Market Snapshot

Japan X By Wire Systems Market
Study Period: 2018 - 2026
Base Year: 2020
CAGR: 30 %

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Market Overview

  • The X-by-wire global market in the Japan is set to grow at a CAGR of approximately 30% during the forecast period. Betterment of electronic technology and drive to decrease the overall weight of the vehicles to be the major factors of the Japanese Automotive X-by-wire market.
  • The emergence of advanced driver assistance systems and the increasing levels of automation in vehicles are expected to increase the demand for automotive x-by-wire systems. However, currently, these systems have low penetration rates in the automotive market, owing to reliability issues, primarily due to instances of failure.
  • Owing to the demand for lighter vehicles with improved efficiency, x-by-wire systems will exhibit a significant growth rate in future due to their lightweight as they reduce or eliminate the usage of mechanical components with electronic control systems that are also easy to tune and service.
  • Among x-by-wire systems, steer-by-wire and brake-by-wire systems are expected to witness the highest growth rates during the forecast period, owing to continuous technological advancements, coupled with new product developments by major players

Scope of the report

The x-by-wire system market report covers the latest trends and technological development in the X-By -Wire market, demand of the system type, vehicle type, geography and market share of major manufacturers and providers of X-By-Wire Systems.

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Key Market Trends

Increasing Demand for Electrical cars and Autonomous Cars

The adoption rate of electric vehicles is increasing across the globe and the sales of electric and hybrid vehicles will show a significant growth during the forecast period. This growth can be attributed to the stringent emission norms and increased battery density. The ADAS features, which were earlier offered only in the high-end luxury cars are now being offered in entry level models.

From 2020, all the newly manufactured cars in the US will come installed with Automatic braking system, Lane Departure Warning System and Parking assistance system. This factor is expected to fuel the market for x by wire systems.

The autonomous car manufacturers will soon reach level 5 autonomy in which steering wheel’s mechanical movement will be picked by sensors and electric control units will convert these signals into electronic signals that will control the electric motors for the movement of wheels.

Plug in Electric Vehicles Market

Fuel Efficient vehicles Are Driving the Market

With the growing demand for the adoption of electric and hybrid vehicles, electric vehicle manufacturers are also looking forward to adopting brake-by-wire systems in their vehicles.

With the growing trend of autonomous vehicles in the Japan, automobile manufacturers, such as BMW, Audi, and Daimler, are now introducing autonomous vehicles in the market, which is expected to further boost the demand for the x-by-wire market.

  • For instance, on June, 13 2018, Magna announced that it is partnering with May Mobility, an Ann Arbor, Michigan startup, for manufacturing self-driving shuttles, to retrofit and scale up May Mobility's unique fleet of low-speed electric micro shuttles.

Furthermore, with growing environmental concerns, along with the enactment of stringent emission regulations, the demand for and adoption of electric vehicles have been continually increasing, which in turn, is propelling the demand for x-by-wire systems in the country.

The steering manufacturers, who are already present in the country, are making strategic partnerships and are expanding their businesses across the world. For instance, Nexteer Automotive announced that the company is expanding its strategic software investment.

  • The role of software in vehicles, especially in safety-critical steering, is evolving quickly. Nexteer’s software plays a critical role, including cybersecurity, in its products, such as steer-by-wire (SbW) and electric power steering systems (EPS).
  • Nexteer has also formed a joint venture with Dongfeng Motor Parts and Components Group Co. Ltd in China, which is expected to further boost the market for x-by-wire systems in the country.
Japan X-By-Wire System,

Competitive Landscape

The market studied is fairly consolidated with major players, like Nexteer, JTEKT, ZF Friedrichshafen AG, PSA Citroen, and Orscheln Products. 

JTEKT displayed its steering systems, driveline components, and bearing solutions in the AUTOMOBILI-D hall at the 2019 North American International Auto Show. The company has showcased its technological achievements, such as recently developed lithium-ion capacitor, which can operate in extremely high and low temperatures, as well JTEKT’s advanced driver assist system (ADAS) and steer-by-wire technologies.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET DYNAMICS

    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porters Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

  5. 5. MARKET SEGMENTATION

    1. 5.1 Vehicle Type

      1. 5.1.1 Passenger Vehicles

      2. 5.1.2 Commercial Vehicles

    2. 5.2 Application Type

      1. 5.2.1 Throttle-by-wire Systems

      2. 5.2.2 Brake-by wire Systems

      3. 5.2.3 Steer-by-wire Systems

      4. 5.2.4 Park-by-wire Systems

      5. 5.2.5 Shift-by-wire Systems

  6. 6. COMPETITIVE LANDSCAPE

    1. 6.1 Vendor Market Share

    2. 6.2 Company Profiles

      1. 6.2.1 Nissan

      2. 6.2.2 Pugeot S.A.

      3. 6.2.3 TORC Technologies Inc.

      4. 6.2.4 Audi AG

      5. 6.2.5 Orscheln Products LLC

      6. 6.2.6 ZF TRW Automotive Holdings Corporation

      7. 6.2.7 Infineon Technologies

      8. 6.2.8 Honeywell Inc.

  7. 7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Frequently Asked Questions

The Japan X By Wire Systems Market Industry market is studied from 2018 - 2026.

The Japan X By Wire Systems Market Industry is growing at a CAGR of 30% over the next 5 years.

Nissan, Pugeot S.A., TORC Technologies Inc.Engineering Ltd, Audi AG, Orscheln Products LLC are the major companies operating in Japan X By Wire Systems Market Industry.

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