X-by-wire Systems Market Size
| Study Period | 2019 - 2029 |
| Market Size (2024) | USD 0.81 Billion |
| Market Size (2029) | USD 3.27 Billion |
| CAGR (2024 - 2029) | 32.25 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | North America |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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X-by-wire Systems Market Analysis
The X-by-wire System Market size is estimated at USD 0.81 billion in 2024, and is expected to reach USD 3.27 billion by 2029, growing at a CAGR of 32.25% during the forecast period (2024-2029).
During the lockdowns, the COVID-19 pandemic compelled about 95% of all automotive-related companies to put their workforces on hold. Globally, the repercussions of the lockdown have been immense and unprecedented due to the halt of manufacturing activities. However, the market started to regain momentum in 2021 as economic activities resumed and vehicle production increased globally.
Over the long term, the emergence of advanced driver assistance systems and the increasing levels of vehicle automation is expected to increase the demand for automotive x-by-wire systems. However, currently, these systems have low penetration rates in the automotive market. The focus of automobile manufacturers on increasing fuel efficiency and reducing the emission level of the vehicle is likely to boost the x-by-wire system market in the future.
Increased integration of vehicular systems in vehicles is also expected to boost the market, coupled with an increase in vehicle electrification in the automotive sector. Increased use of advanced features in vehicles, such as self-driving, cruise control, automatic transmission, lane departure warning systems, and other monitoring systems, is also anticipated to boost the demand for x-by-wire systems in terms of throttle, suspension, braking, and gear shift in the automotive market.
X-by-wire systems are well-established and widely used in Europe and North America. The usage of these systems is also increasing rapidly in Asia-Pacific due to increased consumer spending power, demand for improved safety measures, and the requirement for increased vehicle fuel economy.
China, Germany, the United States, and Japan are major markets for these by-wire systems. Developing countries, such as Mexico, are projected to witness a rapid demand for these technologies from automotive manufacturers, as seen by the increased manufacturing of x-by-wire systems.
X-by-wire Systems Market Trends
This section covers the major market trends shaping the X-by-wire System Market according to our research experts:
Throttle-by-wire System is Expected to Dominate the Market During the Forecast Period
The adoption rate of electric vehicles is increasing globally. With growing awareness about the ADAS features, key manufacturers that operated only in high-end luxury cars are now entering the entry-level models market to attract customers. Such instances are expected to boost the requirements for throttle-by-wire systems in vehicles.
Throttle-by-wire is gaining popularity due to several benefits over traditional mechanical systems, such as eliminating binding problems in mechanical linkages, improving fuel economy, deploying a modular system, and allowing the ECU to integrate torque management with cruise, traction control, and stability control.
Many automakers, including Audi, Continental, Ford, and Bosch, are focusing on commercializing the autonomous car idea where throttle-by-wire systems play a crucial role in controlling electric motors by sensing the accelerator pedal input and sending commands to the power inverter modules.
In November 2021, China's Great Wall Motors unveiled its intelligent chassis-by-wire based on Smart Coffee System 2.0 based on GEEP 4.0, a completely new electronic and electrical architecture where five core chassis systems related steer-by-wire, brake-by-wire, shift-by-wire, throttle-by-wire, and suspension-by-wire are integrated. It controls automotive motions in the principle of six degrees of freedom.
In line with the growth in autonomous cars and technological developments, governments are also taking necessary steps to maintain the demand in the market. For instance,
From 2020 onward, all newly manufactured cars in the United States should be installed with an automatic braking system, a lane departure warning system, and a parking assistance system. This factor is expected to fuel the market for throttle-by-wire systems.
Based on such developments, the throttle-by-wire segment of the market is expected to witness decent growth over the forecast period.
North America Likely to Play a Significant Role in Market Development
North America is anticipated to hold the largest market share during the forecast period. The rising demand for electric vehicles, especially advanced self-driving cars, is anticipated to boost the market's growth over the forecast period. The market for x-by-wire systems in North America is already well-established, with a high penetration rate.
Several companies are also adopting partnerships, collaborations, and other strategies to stabilize their position in the market.
- In March 2021, Motional announced its plans to use the all-electric Hyundai IONIQ 5 as the vehicle platform for its next-generation Robo taxi. Through its partnership, the company could allow consumers in select markets to book a Motional Robo taxi through the Lyft app starting in 2023. Motional's IONIQ 5 would be equipped with Level 4 autonomous driving capabilities, thus creating opportunities for steer-by-wire systems.
- In June 2021, Toyota Mobility Foundation (TMF), Energy Systems Network (ESN), and the Indiana Economic Development Corporation (IEDC) partnered with May Mobility to launch a free autonomous shuttle service in Central Indiana. Autonomous vehicles are expected to create demand for the x-by-wire system in the future.
Such factors are likely to boost the demand for x-by-wire systems in North America. The use of x-by-wire systems is also growing significantly in the Asian-Pacific region due to increased consumer purchasing power, preference for better safety measures, and the need for higher fuel efficiency in the vehicle.
X-by-wire Systems Industry Overview
The market is fairly consolidated, with the key major players, such as Robert Bosch GmbH and Continental AG, holding the majority share in the market. While some key players focus on expanding their presence by acquiring other market participants, forming strategic alliances with other players in the market, and launching new and advanced x-by-wire systems, others are developing various growth strategies to gain a competitive edge over other players.
- In October 2020, ZF launched a new next-generation AKC active rear-axle steering system for mass production. This system could offer a rear steering angle of 10 degrees, and the steer-by-wire technology offers agility for longer electric vehicles.
- In April 2020, Infineon Technologies AG announced the acquisition of Cypress Semiconductor Corporation. With this acquisition, the company could aim to offer a comprehensive portfolio for linking real mechanical parts with the digital world, making way for x-by-wire systems.
Some of the key players in the market are Robert Bosch GmbH, ZF, JTEKT Corp., Infineon Technologies, and Continental AG.
X-by-wire Systems Market Leaders
Infineon Technologies
JTEKT Corp.
ZF TRW Automotive Holdings Corporation
Robert Bosch GmBH
Continental AG
*Disclaimer: Major Players sorted in no particular order
X-by-wire Systems Market News
- In July 2022, ZF Friedrichshafen AG (ZF) demonstrated its cutting-edge steer-by-wire system and said that major automakers had awarded significant volume contracts starting in 2023 in all key markets. ZF steer-by-wire systems could allow for completely autonomous vehicle control. Additionally, it could offer special features for personal passenger vehicles, such as retractable steering wheels for fully automated driving modes, a fully adaptable steering control that lowers the handwheel angle for parking or low-speed maneuvers, and improved crash safety through the removal of the steering column.
- In May 2022, the joint venture between Nexteer Automotive and Continental Automotive, CNXMotion, announced the addition of two new software functions to its Brake-to-Steer (BtS) technology. These functions provide backup safety layers for all variations of Electric Power Steering (EPS) and Steer-by-Wire (SbW) systems and across all SAE levels of driving automation (levels 1 - 5).
- In January 2022, Bosch (China) Investment Ltd (Bosch China) announced that it would exhibit various products at the Haikou International New Energy Vehicle & Connected Mobility Show in 2022. (2022 Haikou NEV Show). A steering-by-wire system and a column electrical power steering system are among the products available (EPSc).
X-by-wire Systems Market Report - Table of Contents
1. INTRODUCTION
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 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION ( Market Size in USD Billion)
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 System
5.2 By Vehicle Type
5.2.1 Passenger Cars
5.2.2 Commercial Vehicles
5.3 By Geography
5.3.1 North America
5.3.1.1 United States
5.3.1.2 Canada
5.3.1.3 Rest of North America
5.3.2 Europe
5.3.2.1 Germany
5.3.2.2 United Kingdom
5.3.2.3 France
5.3.2.4 Spain
5.3.2.5 Rest of Europe
5.3.3 Asia-Pacific
5.3.3.1 China
5.3.3.2 Japan
5.3.3.3 India
5.3.3.4 South Korea
5.3.3.5 Rest of Asia-Pacific
5.3.4 South America
5.3.4.1 Brazil
5.3.4.2 Argentina
5.3.4.3 Rest of South America
5.3.5 Middle-East and Africa
5.3.5.1 United Arab Emirates
5.3.5.2 Saudi Arabia
5.3.5.3 South Africa
5.3.5.4 Rest of Middle-East and Africa
6. COMPETITIVE LANDSCAPE
6.1 Vendor Market Share
6.2 Company Profiles
6.2.1 Nissan Motor Corp.
6.2.2 Groupe PSA
6.2.3 Nexteer Automotive
6.2.4 Infineon Technologies AG
6.2.5 JTEKT Corporation
6.2.6 ZF Friedrichshafen AG
6.2.7 Orscheln Products LLC
6.2.8 Tesla Inc.
6.2.9 Audi AG
6.2.10 Torc Robotics
6.2.11 Lokar Performance Products
6.2.12 Robert Bosch GmBH
6.2.13 Continental AG
- *List Not Exhaustive
7. MARKET OPPORTUNITIES AND FUTURE TRENDS
X-by-wire Systems Industry Segmentation
X-by-wire system is one of the critical safety systems. It refers to replacing mechanical or hydraulic systems with electronic ones in a vehicle, such as braking or steering. It aims to eliminate the physical connection between the steering wheel and the wheels of a car by using electrically controlled motors to change the direction of the wheels and provide feedback to the driver.
The report covers the latest trends, developments, and technologies in the x-by-wire system market. It also covers segmentation based on type, technology, vehicle type, and geography.
By type, the market is segmented into the throttle-by-wire system, brake-by-wire system, steer-by-wire system, park-by-wire system, and shift-by-wire system.
By vehicle type, the market is segmented into passenger cars and commercial vehicles.
By geography, the market is segmented into North America, Europe, Asia-Pacific, South America, and Middle-East and Africa. For each segment, market sizing and forecasting are valued by value (USD million).
| By Type | |
| Throttle-by-wire System | |
| Brake-by-wire System | |
| Steer-by-wire System | |
| Park-by-wire System | |
| Shift-by-wire System |
| By Vehicle Type | |
| Passenger Cars | |
| Commercial Vehicles |
| By Geography | |||||||
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X-by-wire Systems Market Research FAQs
How big is the X-by-wire System Market?
The X-by-wire System Market size is expected to reach USD 0.81 billion in 2024 and grow at a CAGR of 32.25% to reach USD 3.27 billion by 2029.
What is the current X-by-wire System Market size?
In 2024, the X-by-wire System Market size is expected to reach USD 0.81 billion.
Who are the key players in X-by-wire System Market?
Infineon Technologies, JTEKT Corp., ZF TRW Automotive Holdings Corporation, Robert Bosch GmBH and Continental AG are the major companies operating in the X-by-wire System Market.
Which is the fastest growing region in X-by-wire System Market?
Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029).
Which region has the biggest share in X-by-wire System Market?
In 2024, the North America accounts for the largest market share in X-by-wire System Market.
What years does this X-by-wire System Market cover, and what was the market size in 2023?
In 2023, the X-by-wire System Market size was estimated at USD 0.61 billion. The report covers the X-by-wire System Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the X-by-wire System Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
X-by-wire Systems Industry Report
Statistics for the 2024 X-by-wire Systems market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. X-by-wire Systems analysis includes a market forecast outlook to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
