Currently, the importance of alternative automobile technologies has risen to curb on the increasing carbon footprint caused by automobile emission. Automobile manufacturers focus on finding alternative power solutions to substitute fuel-based power source, owing to rapidly depleting oil reserves globally.
Automotive Regenerative Braking System (RBS) is an energy recovery mechanism that converts the heat produced from friction in brakes into electrical energy, which is stored as charge in high-voltage batteries and can be used instantaneously or later as per vehicle demand.
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RBS can convert approximately half of the heat energy produced while braking, which is immediately transferred further to power consuming systems of the vehicles or stored in batteries for further use. The RBS market is anticipated to witness notable growth due to its advantages such as improved performance of the vehicle and reduction in wear & tear of the braking system as compared to the conventional braking system.
Regenerative braking is an emerging braking technology in the automotive industry, and is applicable in both conventional vehicles and electric vehicles; the latter being a major consumer of the RBS. Automobile giants such as Toyota, BMW, Ford, and Tesla have introduced RBS in their vehicles.
Some of the key players of Automotive Regenerative Braking System Market:
Continental AG, Robert Bosch GmbH, HYUNDAI MOBIS Co., Ltd, ZF TRW, ADVICS CO., LTD, MAXWELL TECHNOLOGIES INC., Skeleton Technologies, Nissin Kogyo Co., Ltd, Hitachi Automotive Systems, Ltd, and Autoliv Inc.
The RBS market is driven by the increase in demand for fuel-efficient vehicles, rise in concern about pollution caused by automobiles, growth in sales of electric cars, and reduction in brake wear & tear. However, increase in overall cost & weight of vehicles and high maintenance cost associated with brake system overhauling hinder the market growth. Moreover, rise in demand for electric vehicles such as electric buses for public transport system and technological advancement in two-wheeler RBS are expected to produce numerous growth opportunities in the future.
The market is segmented on the basis of vehicle type and geography. By system segment is further bifurcated into electric, hydraulics and others (flywheel and spring). Moreover, vehicle type segment is divided into two wheelers, passenger cars, and commercial vehicles. Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Norway, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The Global Automotive Regenerative Braking System Market research report offers an in-depth analysis of the global market, providing relevant information for the new market entrants or well-established players. Some of the key strategies employed by leading key players operating in the market and their impact analysis have been included in this research report.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automotive Regenerative Braking System market based on product and application. It also provides market size and forecast till 2022 for overall Automotive Regenerative Braking System market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments.
Fundamentals of Table of Content:
1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered
1.4 Market Analysis by Type
1.5 Market by Application
1.6 Study Objectives
1.7 Years Considered
2 Global Growth Trends
2.1 Automotive Regenerative Braking System Market Size
2.2 Automotive Regenerative Braking System Growth Trends by Regions
2.3 Industry Trends
3 Market Share by Key Players
3.1 Automotive Regenerative Braking System Market Size by Manufacturers
3.2 Automotive Regenerative Braking System Key Players Head office and Area Served
3.3 Key Players Automotive Regenerative Braking System Product/Solution/Service
3.4 Date of Enter into Automotive Regenerative Braking System Market
3.5 Mergers & Acquisitions, Expansion Plans
4 Breakdown Data by Product
4.1 Global Automotive Regenerative Braking System Sales by Product
4.2 Global Automotive Regenerative Braking System Revenue by Product
4.3 Automotive Regenerative Braking System Price by Product
5 Breakdown Data by End User
5.2 Global Automotive Regenerative Braking System Breakdown Data by End User
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