Stratview Research has recently published a report on Automotive Regenerative Braking Market segmented by Product Type (Electric Regenerative Braking System (ERBS), Hydraulic Regenerative Braking System (HRBS), and Kinetic Regenerative Braking System (KRBS)), by Propulsion Type (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicles (PHEV), and Hybrid Electric Vehicle (HEV)), by Vehicle Type (Two Wheelers, Passenger Cars, and Commercial Vehicles), and by Region (North America, Europe, Asia-Pacific, and Rest of the World). The objective of the market experts at Stratview Research is to conduct a thorough analysis of the ‘Automotive Regenerative Braking Market’ and put a detailed knowledge about the industry and business attractiveness, revenue, market size, segmentation, growth and restraining factors so that the user gets in depth information about the industry and the business from a past, current and a future perspective and can potentially invest capital for further growth.
Additionally, the report covers a variety of established and emerging start-ups and organisations operating in the industry. As a result, the report provides a comparative analysis by presenting the user with various aspects of the markets discussed in the report.
Covid-19 Analysis –
Nationwide lockdowns have impacted, and halted productions, supply of raw materials sourcing disruption has affected the balance in the supply of finished products. This report aims to cover all the aspects of how the pandemic has affected the business in the Automotive Regenerative Braking Market and how has the subsequent lockdowns inflamed the industry scenario and what are the areas that needs urgent action and re-planning.
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The report encompasses in-depth segmentations like regional segmentation, segmentation by product types, application-wise segmentation, geographical segmentation and thereby gives the user an overview of the effectiveness of the segmentation by various classes.
Based on the propulsion type, the market is segmented as battery electric vehicle (BEV), plug-in hybrid electric vehicles (PHEV), and hybrid electric vehicle (HEV). The BEV segment held the largest share of the market in 2019, and is expected to register the fastest growth during the forecast period. The segment is mainly driven by the high adoption rate of electric vehicles, along with advancement in battery technology and integration of supercapacitors to ensure rapid energy transfer in acceleration and deceleration processes that led to the increasing implementation of systems to enhance vehicle efficiency.
Based on the vehicle type, the automotive regenerative braking market is segmented as two wheelers, passenger cars, and commercial vehicles. The commercial vehicle segment dominates the market, owing to the rapidly increasing demand for long-haul commercial vehicles. For extended driving range, the installation of regenerative brakes in commercial vehicles is increasing due to limited availability of charging stations.
In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the presence of multiple electric vehicle manufacturers such as SAIC, Honda, Toyota, Mitsubishi, and BAIC. Strict laws and regulations in the region focused to reduce environmental pollution is likely to further boost the demand for automotive regenerative braking market during the forecast period.
Automotive regenerative braking market is likely to witness an impressive CAGR of 13.5% during the forecast period. The prime factors contributing to the demand for automotive regenerative braking is mainly the increasing demand for fuel efficient vehicles, increasing efforts to reduce carbon emissions, and rising cost of fuels, which led the automakers to develop energy efficient systems. Wide adoption of hybrids and electric vehicles, along with the sales of electric vehicles has boosted the growth of the market.
Key Players in the Automotive Regenerative Braking MarketZF Friedrichshafen AG Continental AG Delphi Automotive Denso Punch Powertrain Bosch Mobility Solutions Eaton Corporation Plc Aisin Seiki Hyundai Mobis Magna International
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