X-By-Wire Systems: Global Strategic Business Report

Global X-By-Wire Systems Market to Reach $2.9 Billion by 2030

The global market for X-By-Wire Systems estimated at US$347.6 Million in the year 2022, is projected to reach a revised size of US$2.9 Billion by 2030, growing at a CAGR of 30.5% over the analysis period 2022-2030. Throttle-by-Wire System, one of the segments analyzed in the report, is projected to record a 31.7% CAGR and reach US$1.6 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Steer-by-Wire System segment is readjusted to a revised 29.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $101.7 Million, While China is Forecast to Grow at 29% CAGR

The X-By-Wire Systems market in the U.S. is estimated at US$101.7 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$482 Million by the year 2030 trailing a CAGR of 29% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 27.7% and 26% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 20.9% CAGR.

Select Competitors (Total 29 Featured) -

• Continental AG
• CTS Corporation
• LORD Corporation
• Mobil Elektronik GmbH
• Orscheln Products LLC
• RLP Engineering
• Robert Bosch GmbH
• SKF Group
• TORC Robotics Inc.
• ZF TRW

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year