DUBLIN , Aug. 18, 2022 /PRNewswire/ -- The "X-by-Wire Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global X-by-wire systems market reached a value of US$ 18.97 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 28.21 Billion by 2027, exhibiting a CAGR of 6.84% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor. X-by-wire systems refer to the replacement of mechanical or hydraulic systems with electronic control systems. Brake-by-wire, steer-by-wire, shift-by-wire, park-by-wire, and throttle-by-wire are some of the commonly used types of X-by-wire systems.
These systems are equipped with electronically assisted control mechanisms that aid in eliminating the mechanical linkages involved in the system. X-by-wire systems assist in eliminating the use of various traditional components, such as intermediate shafts, hoses, pumps, vacuum servos, master cylinders, steering columns, and belts.
These systems aid in reducing the overall weight of the vehicles and emission levels, increasing fuel efficiency and safety, and improving the response time. The X-by-wire systems replace the conventional mechanical control systems by using human-machine interfaces and electromechanical actuators. The increasing demand for electric vehicles (EVs) across the globe is one of the key factors driving the growth of the market. EVs are widely adopted due to numerous advantages, such as reduced emissions and fuel consumption. In line with this, various autonomous car manufacturers are introducing electronic control units and sensors, which is positively impacting the market growth.
Moreover, various technological advancements, such as the introduction of the lithium-ion capacitor and modular valve that increases the intelligence by enabling tailor steering performance, are significantly providing an impetus to the market growth.
Additionally, the rapid adoption of X-by-Wire systems on account of the rising demand for lightweight vehicles with improved efficiency is favoring the market growth. Other factors, such as the significant expansion in the automotive industry, increasing disposable income levels of the masses, and implementation of various government initiatives on lowering the carbon footprint, are creating a positive outlook for the market.
The competitive landscape of the industry has also been examined along with the profiles of the key players being AB SKF, Continental AG, Curtiss-Wright Corporation, Infineon Technologies AG, JTEKT Corporation, ME Mobil Elektronik GmbH, Nexteer Automotive, Orscheln Products L.L.C, Parker Hannifin Corporation, Robert Bosch GmbH, Tata Motors Limited, Volkswagen AG and ZF Friedrichshafen AG. Key Questions Answered in This Report:
How has the global X-by-wire systems market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global X-by-wire systems market?
What are the key regional markets?
What is the breakup of the market based on the type?
What is the breakup of the market based on the vehicle type?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global X-by-wire systems market and who are the key players?
What is the degree of competition in the industry?
Key Topics Covered: 1 Preface 2 Scope and Methodology
3 Executive Summary 4 Introduction 4.1 Overview 4.2 Key Industry Trends 5 Global X-by-Wire Systems Market 5.1 Market Overview 5.2 Market Performance 5.3 Impact of COVID-19 5.4 Market Forecast 6 Market Breakup by Type 6.1 Throttle-by-Wire System 6.1.1 Market Trends 6.1.2 Market Forecast 6.2 Brake-by-Wire System 6.2.1 Market Trends 6.2.2 Market Forecast 6.3 Steer-by-Wire System 6.3.1 Market Trends 6.3.2 Market Forecast 6.4 Park-by-Wire System 6.4.1 Market Trends 6.4.2 Market Forecast 6.5 Shift-by-Wire System 6.5.1 Market Trends 6.5.2 Market Forecast 7 Market Breakup by Vehicle Type 7.1 Passenger Cars 7.1.1 Market Trends 7.1.2 Market Forecast 7.2 Commercial Vehicles 7.2.1 Market Trends 7.2.2 Market Forecast 8 Market Breakup by Region 9 SWOT Analysis 10 Value Chain Analysis 11 Porters Five Forces Analysis 12 Price Analysis 13 Competitive Landscape 13.1 Market Structure 13.2 Key Players 13.3 Profiles of Key Players 13.3.1 AB SKF 13.3.1.1 Company Overview 13.3.1.2 Product Portfolio 13.3.1.3 Financials 13.3.2 Continental AG 13.3.2.1 Company Overview 13.3.2.2 Product Portfolio 13.3.2.3 Financials 13.3.2.4 SWOT Analysis 13.3.3 Curtiss-Wright Corporation 13.3.3.1 Company Overview 13.3.3.2 Product Portfolio 13.3.3.3 Financials 13.3.3.4 SWOT Analysis 13.3.4 Infineon Technologies AG 13.3.4.1 Company Overview 13.3.4.2 Product Portfolio 13.3.4.3 Financials 13.3.4.4 SWOT Analysis 13.3.5 JTEKT Corporation 13.3.5.1 Company Overview 13.3.5.2 Product Portfolio 13.3.5.3 Financials 13.3.6 ME Mobil Elektronik GmbH 13.3.6.1 Company Overview 13.3.6.2 Product Portfolio 13.3.7 Nexteer Automotive 13.3.7.1 Company Overview 13.3.7.2 Product Portfolio 13.3.8 Orscheln Products L.L.C 13.3.8.1 Company Overview 13.3.8.2 Product Portfolio 13.3.9 Parker Hannifin Corporation 13.3.9.1 Company Overview 13.3.9.2 Product Portfolio 13.3.9.3 Financials 13.3.9.4 SWOT Analysis 13.3.10 Robert Bosch GmbH 13.3.10.1 Company Overview 13.3.10.2 Product Portfolio 13.3.10.3 SWOT Analysis 13.3.11 Tata Motors Limited 13.3.11.1 Company Overview 13.3.11.2 Product Portfolio 13.3.11.3 Financials 13.3.11.4 SWOT Analysis 13.3.12 Volkswagen AG 13.3.12.1 Company Overview 13.3.12.2 Product Portfolio 13.3.12.3 Financials 13.3.12.4 SWOT Analysis 13.3.13 ZF Friedrichshafen AG 13.3.13.1 Company Overview 13.3.13.2 Product Portfolio 13.3.13.3 SWOT Analysis
For more information about this report visit https://www.researchandmarkets.com/r/871qe9
Research and Markets Laura Wood , Senior Manager press@researchandmarkets.com
For E.S.T Office Hours Call +1-917-300-0470 For U.S./CAN Toll Free Call +1-800-526-8630 For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1904 Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
View original content:https://www.prnewswire.com/news-releases/global-x-by-wire-systems-market-2022-to-2027---industry-trends-share-size-growth-opportunity-and-forecasts-301608720.html
Markets correspondent Jared Blikre takes a look at the declining pricing for cryptocurrencies bitcoin and ethereum as the FDIC issue letters to five crypto companies.
In the world of stock legends, George Soros stands out. While his political activities have been a lightning rod for controversy, no one can doubt his financial acumen. After all, he’s the ‘man who broke the Bank of England,’ and made a billion dollars in one day when he shorted the Pound Sterling back in 1992. His hedge fund, Soros Fund Management, showed three decades of sustained gains, averaging 30% annual returns through the year 2000. During this time, and today in the management of his pe
The stock rose as much as 272% but is up about 175% as of 1:25 p.m. ET. The tech stock's gain came on the day of its initial public offering (IPO). Given the way the stock is soaring, the market apparently thinks the IPO was underpriced.
Shares of StoneCo (NASDAQ: STNE), a cloud-based technology platform, plummeted Friday morning after the company reported its second-quarter results, which disappointed investors, and announced yet another shift to its management team. The company reported non-GAAP (adjusted) earnings of 0.25 Brazilian reals (equivalent to $0.05), which was an increase from a loss of 0.48 reals in the year-ago quarter, but was below Wall Street's consensus estimate of about 0.57 reals, or $0.11 per share. StoneCo's revenue in the quarter was 2.3 billion reals (about $442 million), 5% higher than the company's guidance, and up 275% from the year-ago quarter.
A 20-year-old USC student has made a $110 million profit from trading meme stock favorite Bed Bath & Beyond, following a frenzy in Wednesday’s trading session.
It's no wonder Altria's (NYSE: MO) stock has lost more than a fifth of its value in just a couple of months. Marketing partner Philip Morris International (NYSE: PM) is getting cold feet on working with Altria to sell its IQOS heated tobacco device while also just acquiring the leading competitor to Altria's own smokeless tobacco products. At the same time, the federal government all but obliterated Altria's $13 billion investment in Juul Labs, the one-time electronic-cigarette leader.
For investors looking to maximize their wealth by the time they retire, the following pair of beaten-down businesses that possess strong growth capabilities are a worthwhile place to start. Freelance marketplace operator Fiverr (NYSE: FVRR) was a pandemic-lockdown superstar. Although Fiverr's stock price is down 65% in 2022 and off 82% from its all-time high, the freelance shop is still growing, albeit at a slower rate as SMBs became more cautious due to rampant inflation and rising energy costs and interest rates.
Jake Freeman cashed out his 6% stake in the meme stock after it exploded on Tuesday.
The past few weeks have been refreshing for Cathie Wood and fans of her style of growth stock investing. The CEO and co-founder of Ark Invest publishes the buys and sells of her firm's exchange-traded funds (ETFs) every market day, giving the public insight into her latest allocation strategies.
(Bloomberg) -- Warren Buffett’s Berkshire Hathaway Inc. won approval from US regulators to buy as much as 50% of Occidental Petroleum Corp. after spending months snapping up its shares. Occidental’s stock had its biggest gain in five months.The Federal Energy Regulatory Commission said in a filing published Friday that Berkshire’s proposed stock purchases are “consistent with the public interest.” Berkshire applied for the authorization on July 11, FERC said.Berkshire has spent this year wagerin
Back up the EV on shares of General Motors, says this one analyst.
(Bloomberg) -- Billionaire Ryan Cohen pocketed a $68.1 million profit from the sale of his stake in Bed Bath & Beyond Inc., scoring a 56% gain on an investment he held for roughly seven months.The retail traders who poured millions of dollars into the struggling retailer’s stock, on the other hand, may be just starting to feel the pain -- especially if they were late to the trade.Bed Bath & Beyond shares, which were hammered on Thursday, plunged as much as 43% Friday after Cohen’s exit was discl
Cisco Systems' (NASDAQ: CSCO) stock rose 4% during after-hours trading on Wednesday, Aug. 17, following its earnings report for its fiscal fourth quarter and the full year 2022. Revenue for the networking hardware and software maker stayed nearly flat from a year ago at $13.
Verizon (VZ) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
The Federal Energy Regulatory Commission filing could mean that Berkshire Hathaway will continue to increase its stake in Occidental.
Wondering how to pick strong, market-beating stocks for your investment portfolio? Look no further than the Zacks Style Scores.
Yahoo Finance Live co-anchor Seana Smith looks at several trending stocks moving in after-hours trading.
In this article, we discuss 10 Cathie Wood stocks to buy before the bull run starts. If you want to see more stocks preferred by Cathie Wood to load up on before the bull run begins, click 5 Cathie Wood Stocks to Buy Before the Bull Run Starts. Cathie Wood, the founder and CIO of […]
One of the big reasons for investing in real estate investment trusts (REITs) is the kind of dividends many pay. While Treasury bonds are just beginning to catch up with inflation, some REITs offer better yields as long as investors are willing to accept the risks attached to owning them. Here are seven REITs with better-than-average, hard-to-ignore dividend yields: AGNC Investment Corp. (NASDAQ: AGNC) is paying 11.36% at a price of $12.57. The Bethesda, Maryland-based company specializes in res
The zany story of Bed Bath & Beyond's stock price gets zanier.