X-by-Wire Systems Market Growth & Forecast to 2024 Industry Players Are SKF Group, LORD Corporation, ZF Group, Infineon Technologies
X-by-Wire Systems Market is segmented into brake-by-wire, park-by-wire, steer-by-wire, shift-by-wire, suspension-by-wire, and throttle-by-wire. Shift-by-wire system is expected to witness significant gains over the forecast timeline owing to its increasing applications in gear shifting, which transmits signals to change the gear. Throttle-by-wire segment is also expected to hold a significant market share owing to its applications in vehicles to adjust the valve settings by utilizing the throttle pedal position sensors.
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