Market Trends of Germany X-by-wire Systems Industry
Autonomous Vehicle will Drive the Growth of the Market
- The reduction of mechanical parts due to their replacement by electrical systems also contributes to making vehicles lightweight, thereby improving the efficiency of cars-a condition that has become mandatory in most developed and several developing countries worldwide. It is evident that moving forward, as these technologies become more efficient and affordable and as fuel-efficiency regulations become more comprehensive and stringent globally, the market for x-by-wire systems is bound to grow. Car manufacturers that implement this technology will also enjoy substantial per-vehicle cost savings.
- In the future, autonomous and semi-autonomous vehicles will no longer require any mechanical linkage between the steering wheel and the steering gear. Many automotive technology companies are launching new technologies for autonomous vehicles. For instance, in July 2022, ZF developed by-wire technologies that no longer require a mechanical connection or system fluids.
- The company stated in a press release that ZF steer-by-wire systems enable fully autonomous vehicle control for shuttles and robotaxis. They also announced that this technology would be launched on an industrial scale by a major global automaker by 2023. Meanwhile, in the realm of race tracks, drive-by-wire technology is being adopted for enhanced performance. For instance, the Audi R8 LMS GT3 was equipped with Schaeffler Paravan's Space Drive steer-by-wire system at Nürburgring.
- The x-by-wire system market is rapidly growing and is expected to continue expanding in the coming years. This growth is driven by the increasing adoption of autonomous vehicles, electric vehicles, and ADAS (Advanced Driver Assistance Systems) systems.
Understand The Key Trends Shaping This Market
Download PDF
Growing Popularity of Hybrid and Electric Vehicles Will Drive the Market Growth
- The surging popularity of hybrid and electric vehicles is a major catalyst for the German X-by-wire Systems Market. These vehicles are renowned for their superior fuel efficiency and reduced emissions compared to traditional gasoline-powered counterparts. X-by-wire systems play a pivotal role in enhancing these vehicles' efficiency by reducing overall weight and optimizing engine and braking system performance. For instance, in Germany, the sales of plug-in hybrid electric vehicles reached an impressive 830,700 units in 2022.
- In 2023, the Volkswagen brand outpaced all others in Germany, boasting the highest number of electric cars on the road, totaling 181,525 units. Rounding up the top three are Renault and Tesla. Throttle-by-wire systems contribute to improved fuel efficiency by enabling the engine to operate at its optimal speed. Shift-by-wire systems enhance fuel efficiency by eliminating the need for a mechanical linkage between the shifter and the transmission. Additionally, steer-by-wire systems reduce the energy required to turn the steering wheel, further enhancing fuel efficiency.
- Beyond their environmental advantages, X-by-wire systems offer a host of other benefits, including enhanced safety, superior performance, and increased comfort. Consequently, the demand for X-by-wire systems in the German market is projected to escalate as more consumers make the switch to hybrid and electric vehicles.
- Recent years have witnessed significant technological advancements in X-by-wire systems, rendering them more dependable and efficient. Governments worldwide are tightening regulations on emissions and fuel efficiency, fueling the demand for X-by-wire systems. Furthermore, the rising disposable income of consumers in Germany is leading to a surge in demand for luxury vehicles, which are more likely to be equipped with X-by-wire systems.
