Market Share of X-by-wire System Industry
The market is fairly consolidated, with the key major players, such as Robert Bosch GmbH and Continental AG, holding the majority share in the market. While some key players focus on expanding their presence by acquiring other market participants, forming strategic alliances with other players in the market, and launching new and advanced x-by-wire systems, others are developing various growth strategies to gain a competitive edge over other players.
- In October 2020, ZF launched a new next-generation AKC active rear-axle steering system for mass production. This system could offer a rear steering angle of 10 degrees, and the steer-by-wire technology offers agility for longer electric vehicles.
- In April 2020, Infineon Technologies AG announced the acquisition of Cypress Semiconductor Corporation. With this acquisition, the company could aim to offer a comprehensive portfolio for linking real mechanical parts with the digital world, making way for x-by-wire systems.
Some of the key players in the market are Robert Bosch GmbH, ZF, JTEKT Corp., Infineon Technologies, and Continental AG.
X-by-wire Systems Market Leaders
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Infineon Technologies
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JTEKT Corp.
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ZF TRW Automotive Holdings Corporation
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Robert Bosch GmBH
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Continental AG
*Disclaimer: Major Players sorted in no particular order
