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Strategic Analysis of European Market for X-by-wire SystemsPublished by: Frost & Sullivan Published: Dec. 21, 2007 - 250 Pages Table of Contents
AbstractThis Frost & Sullivan research service titled Strategic Analysis of European Market for X-by-wire Systems provides comprehensive analysis of unit shipment and revenues forecasts, pricing analysis and key technological, market and legislative trends for brake-by-wire systems together with their penetration across vehicle segments. Emerging market trends in other X-by-wire technologies including steer-by-wire and suspension-by-wire are also examined. In this research, Frost & Sullivan's expert analysts thoroughly examine the European brake-by-wire and shift-by-wire systems markets.This analysis is available through our Automotive and Transportation Growth Partnership Services programme. With this programme, clients receive industry-leading market research such as this, along with technical and econometric data and many interactive features including Analyst Inquiry Time and Client Councils. Market Overview Optimal Cost-Performance Potential across Complete Value Chain to Underline Appeal of X-by-wire Systems The introduction of advanced technologies such as X-by-wire is set to enhance the credibility of OEMs and assure them of customer loyalty. X-by-wire systems will also pave the way for greater intelligence to be embedded in braking and steering applications in the future. Electronic wedge brake (EWB) technology is likely to be accepted as the next step in advanced braking technology, with a prospective market launch by 2010. If EWB systems function efficiently with a 12V and offer improved performance in terms of reduced stopping distance and weight savings, then they will significantly impact the braking systems market. The European X-by-wire market, comprising brake-by-wire and shift-by-wire systems is expected to witness considerable growth post-2010, mainly driven by benefits in company value chains, considerable reduction in vehicle weight and cost savings in the production process. Revenues are estimated at 3.2 billion in 2010 with the potential to reach 6.61 billion in 2015. "Reduction in the cost of components across the company value chain will be a key driver for the European X-by-wire market", notes the analyst of this research. "Market development will be spurred by the growing need to cut component and packaging costs and optimise the design of chassis systems". X-by-wire technologies will offer the best cost-performance potential when assessed on a complete value chain basis. This will bring added advantages including cost savings in production processes. For example, key benefits of brake-by-wire systems include weight savings of 15 to 20 kilogrammes and space savings of approximately 22 litres. Emphasis on Reliability and Safety to Promote Uptake Vehicle manufacturers and suppliers have adopted a cautious approach towards the development of brake-by-wire systems, particularly after the failure and recall of Daimler’s electro hydraulic braking system. The emphasis is on ensuring the reliability and safety of the system with the focus on technologies that support passenger safety. Market participants will also have to work on addressing customer perceptions that the technology offers no visible benefits and, therefore, its added costs are unjustified. Accordingly, manufacturers will need to convince consumers of the superior performance and safety of advanced technologies to promote uptake rates of brake-by-wire systems in the future. "Conventional braking systems are still preferred to advanced braking systems", explains the analyst of this research. "Cost and reliability are major concerns for OEMs in adapting brake-by-wire systems in their upcoming models." Creating awareness about their cost benefits on a complete value chain basis as well as their contribution to cost savings during the production process will boost the penetration rates of brake-by-wire systems. Increasing their reliability and convincing customers about their enhanced safety and performance features will be critical to growth in the market share of brake-by-wire systems. Get Full Details About This Report >> |
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