The global Automotive Regenerative Braking System market garnered revenue around USD XX Billion in 2019 and projected to reach USD XX Billion in 2027, with at a compound annual growth rate of 11.4% throughout the estimate period from 2020 to 2027.
The regenerative braking is an energy recovery system that coverts the kinetic energy of the vehicle produced during deceleration of the vehicle into electrical energy. That converted energy is stored in the vehicle energy storage unit in order to utilize it in other applications such as start-stop function, headlights, and to power the vehicle's interior electronics. The various energy storage units used in regenerative braking system are flywheel, batteries, ultra-capacitors and others. While using regenerative braking system the amount of recoverable energy depends upon the vehicle speed and stopping pattern, 5% to 20% of transmitted energy can be saved by using regenerative braking systems. Regenerative braking system is used to generate electricity by converting momentum loss during application of brakes.
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Automotive Regenerative Braking System market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Automotive Regenerative Braking System market growth.
The global Automotive Regenerative Braking System market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
The prominent players in the global automotive regenerative braking system market include Continental AG (Germany), Robert Bosch GMBH (Germany), Hyundai Mobis (South Korea), ZF Friedrichshafen AG (Germany), Denso Corporation (Japan), ADVICS North America, Inc. (US), Autoliv Nissin Brake Systems Co., Ltd. (Japan), Mazda Motor (Japan), Delphi Automotive PLC (US), Faurecia SA (France), TRW automotive (US) are among others.
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
Global automotive regenerative braking system market is segmented on the basis of vehicle type, system type, electrical vehicle, and region. Vehicle type segment is divided into, two wheelers, passenger vehicles, and commercial vehicles. On the basis of system type, the market has been segmented into battery, flywheel, hydraulics, and ultra-capacitors. Electric vehicle segment is further classified as, battery vehicle, hybrid electrical vehicle, and plug-in hybrid electrical vehicle.
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope: