Global Automotive X-By-Wire Systems Market Repor 2018-2022 Featuring Top Companies - Continental, Hitachi, Nexteer Automotive, SKF, and ZF Friedrichshafen
Dublin, Dec. 11, 2018 (GLOBE NEWSWIRE) -- The "Global Automotive X-By-Wire Systems Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The market is set to grow at a CAGR of close to 8 % by 2022.
Prognostics is the newly evolved form of automotive remote diagnostics with an intuitive software interface, which makes the work of the service technician easier and simpler. Though a similar technology with a different term 'preventive maintenance' had existed for more than a decade, General Motors was the first to launch prognostic technology through its OnStar 4G LTE connectivity platform in 2015. The penetration of remote diagnostics and prognostics will increase during the forecast period. These innovations will propel the growth of the automotive X-ray wire systems market.
Market Overview
Benefits and advantages associated with by-wire systems
The advantages and benefits associated with by-wire systems are expected to drive the growth of the global automotive x-by-wire systems market during the forecast period. XBW systems are advanced in terms of effectiveness, system design, and efficiency when compared to conventional systems, just like any other technology that has emerged and embraced in the global market.
Cost impact on the maintenance of vehicle with by-wire systems
Mechanical components used in automobiles, such as braking, throttle, and steering systems are being transformed into electro-hydraulic, electro-mechanical, or all electronic. A rise in the usage of electronic components in different components increases the development and maintenance cost of a vehicle. This is expected to be a major challenge in the automotive X-by-wire systems market.
Competitive Landscape
The automotive x-by-wire systems market appears to be fragmented owing to presence of several companies and the competitive environment is quite intense with all companies striving to improve their market position. Factors such as the benefits and advantages associated with by-wire-systems and remote diagnostics for advanced braking systems are impacting the growth of the market. Some of the top companies in the market are Continental, Hitachi, Nexteer Automotive, SKF, and ZF Friedrichshafen.
With the presence of a considerable number of companies, this market appears to be fragmented. This market research report will help clients identify new growth opportunities. Companies in the automotive x-by-wire systems market are focusing on launching remote diagnostics systems such as prognostics technology to monitor the health of a vehicle's component.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 05: MARKET SIZING
- Market sizing 2017
- Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY PRODUCT TYPE
- Segmentation by product type
- Comparison by product type
- Shift-by-wire
- Clutch-by-wire
- Throttle-by-wire
- Others
- Market opportunity by product type
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- Key leading countries
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
- Remote diagnostics for advanced braking systems
- R&D investment for self-driving vehicles
- XBW systems with integrated feedback
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
Companies Mentioned
- Continental
- Hitachi
- Nexteer Automotive
- SKF
- ZF Friedrichshafen
For more information about this report visit https://www.researchandmarkets.com/research/km2r46/global_automotive?w=12
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