The Germany X-by-wire systems market is poised to register a CAGR of over 9% over the forecast period (2020-2025).
- X-by-wire or drive-by-wire system is the use of electromechanical technology in cars to replace mechanical linkages. There are different types of x-by-wire technologies in the marketplace like throttle-by-wire systems, brake-by-wire systems, steer-by-wire systems, and park-by-wire systems. At present, this technology is implemented separately in the engine control, braking, or steering system.
- There are various benefits of drive-by-wire technology such as by replacing the conventional mechanical throttle, braking, and steering systems with electronics, which reduces servicing needs and costs.
- The X-by-wire technology has been in use in aerospace and is now finding its application in the automotive industry. One of the major factors helping the automotive manufacturers to incorporate this feature in vehicles is the availability of a variety of semiconductor ICs that are cheap and can meet the cost targets to provide the control, power, and communications required for these systems.
Key Market Trends
Autonomous Vehicle will Drive the Growth of the Market
The reduction of mechanical parts on account of replacement by electrical systems also contributes to making vehicles lightweight, thereby improving fuel-efficiency of cars- a condition that has been mandatory in most developed and several developing countries in the world. It is clear that going forward, as these technologies become more efficient and affordable and fuel-efficiency laws become more comprehensive and stringent globally, the market for x-by-wire systems is bound to grow. The car manufacturers who implement this will also enjoy substantial per vehicle cost savings to boot.
In future autonomous and semi-autonomous vehicles will not have any mechanical linkage between the steering wheel and the steering gear. Many auto technology companies are launching their new technology for autonomous vehicles. For instance,
In 2020, Alcon unveiled its AAC03 brake-by-wire technology, it provides significant weight reductions and improvement in performance and usability over its previous technologies.AAC03 will be available for adoption in Formula E.
In 2019, TomTom launched its autonomous test vehicle capable of full level 5 autonomy, in partnership with Volvo to improve its various mapping technologies aimed at the burgeoning driverless car industry. The autonomous vehicle is a customized Volvo XC90 along with its drive-by-wire system.
Whereas, in race track also drive-by-wire technology is being adopted for better performance. For instance, Audi R8 LMS GT3 was fitted with Schaeffler Paravan’s Space Drive steer-by-wire system at Nürburgring in June 2019. The company’s target is to make ParavanTechnologiessystem ready for volume production by 2021.
Decline in vehicle sale will hinder the Market Growth
As a result, to combat the spread of the coronavirus in Germany, the government closed factories, shops, schools from March and asked everyone to stay at home to help curb the outbreak. One of the main industries of Germany’s economy is the automotive industry which has seen its sharpest decline in decades due to this pandemic. According to the European Commission, new car registrations in Germany decreased by 61% in April after a 38% decline in March. In addition to that country’s economy will probably shrink by 6.5% in 2020.
In May the country started easing some restrictions such as allowing shops to reopen while factories are restarting their production lines, in addition to that huge fiscal support, is announced by the German government. The total stimulus package worth USD 146 billion is announced to support companies and workers in Germany one of Europe’s largest economy to recover quickly from the pandemic.
The Germany X-by-wire systems market is consolidated and majorly dominated by few players, such as Nissan Motor Co., Ltd., ZF Friedrichshafen AG, and Schaeffler AG. The market is highly driven by factors like advanced technology, weight reduction. To provide the safest experience to the car owner, major x-by-wire systems manufacturers are developing new technology for the future and doing partnerships with other players to stay ahead in the market. For instance,
- In 2019, Schaeffler Space Drive drive-by-wire technology comprising a triple-redundant electronic interface that operates vehicle steering, accelerator, and braking functions by wire technology for automated, autonomous, and the connected vehicle was awarded the German Mobility Prize by Germany’s Federal Ministry for Transport and Digital Infrastructure.
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Table of Contents
1.2 Scope of the Study
4.2 Market Restraints
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
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 Syste
5.2 By Vehicle Type
5.2.1 Passenger Cars
5.2.2 Commercial Vehicles
6.2 Company Profiles
6.2.1 Nissan Motor Co., Ltd.
6.2.2 Groupe PSA
6.2.3 Nexteer Automotive
6.2.4 ZF Friedrichshafen AG
6.2.5 Volkswagen Group
6.2.6 Orscheln Products LLC
6.2.7 Schaeffler AG
6.2.8 Audi AG
6.2.9 Silca Group