Home > Automotive > Automotive Parts > Interior Parts > X-By-Wire System Market

X-By-Wire System Market Share

Report ID: GMI7951
Published Date: Jan 2024
Report Format: PDF

Download Free Sample

X-By-Wire System Market Share

Companies in the X-by-wire market are focusing on strategic partnerships and collaborations to enhance their technological capabilities. Additionally, investments in research and development, innovations in electronic control systems, and a customer-centric approach are key strategies to strengthen market presence and competitiveness. Moreover, Robert Bosch GmbH holds market share of around 12%, due to its reputation for innovation, expertise in automotive technology, and a robust portfolio of advanced electronic control systems.

X-By-Wire System Market Companies

Major players operating in the x-by-wire system industry are:

Aptiv PLC
Continental AG
Hitachi, Ltd.
Infineon Technologies AG
Nexteer Automotive
Robert Bosch GmbH
ZF Friedrichshafen AG

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

Industry size for X-by-wire system reached USD 28.6 billion in 2023 and is poised to expand at over 18% CAGR from 2024 to 2032 driven by the significant rise in electric and autonomous vehicles.

The throttle-by-wire segment held 35% share of the X-by-wire system industry in 2023 and is projected to record substantial growth through 2032 attributed to the advantages of enhanced fuel efficiency and reduced emissions.

North America industry accounted for USD 9.8 billion in revenue in 2023 and is set to expand at a robust pace through 2032 attributed to the stringent safety standards set by organizations like NHTSA for encouraging the integration of advanced safety technologies, including X-by-wire systems.

Some top firms in the market are Continental AG, Aptiv PLC, Infineon Technologies AG, Hitachi, Ltd., Robert Bosch GmbH, Nexteer Automotive, and ZF Friedrichshafen AG.