The global x-by-wire systems market is anticipated to grow at a CAGR of 8.8% during the forecast period (2024-2031). Steer-by-Wire (SBW) is an application used for steering control in vehicles, providing the advantage of electronic control over the steering mechanism for increased flexibility and customization. Brake-by-Wire (BBW) enables precise control of braking systems, contributing to enhanced safety and performance. Throttle-by-Wire (TBW) allows for precise control over the engine throttle, resulting in improved fuel efficiency and performance. Shift-by-Wire (SBW) provides smooth and efficient gear changes, integrated with automated manual transmissions or fully automatic transmissions. Park-by-Wire (PBW) allows for automated parking features, making it easier for drivers to park in tight spaces. Lastly, Fly-by-Wire (FBW) replaces traditional manual flight controls with electronic systems, offering precise control and automation. The market’s growth is attributed to the growing demand for vehicle performance and safety. The need to increase vehicle performance, safety, and handling is a significant driver motivating the introduction of modern steer-by-wire systems. For instance, in September 2023, Titan launched advanced steer-by-wire system for niche manufacturers. It is suitable for everything from commercial vehicles to hypercars.
Browse the full report description of “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)” at https://www.omrglobal.com/industry-reports/x-by-wire-systems-market
Furthermore, the steer-by-wire technology is essential to the development of future mobility solutions, notably for connected and driverless vehicles. This technology allows the use of highly flexible and adaptive control systems, that improves the overall performance and functionality of these vehicles. For instance, in July 2022, ZF introduced by-wire technologies for future mobility. It additionally steer-by-wire technology offers novel safety and comfort features, such as programmed emergency evasive maneuvers and parking in compact spots.
Market Coverage
• The market number available for – 2023-2031
• Base year- 2023
• Forecast period- 2023-2031
• Segment Covered-
o By Type
o By Vehicle Type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes Hitachi Automotive Systems Americas, Inc., Infineon Group, Nissan Motor Co., LTD , Robert Bosch GmbH, and Tesla Inc. and others.
Key questions addressed by the report
Global X-by-wire Systems Market Report Segment
By Route of Administration
By Vehicle Type
Global X-by-wire Systems Market Report Segment by Region
North America
• United States
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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