Market Insights

The automobiles seek to develop energy-efficient systems is continuing to drive increased demand for fuel efficient vehicles, increased efforts to mitigate carbon emissions and rising fuel costs. This dynamic change has led to significant developments in the market for regenerative braking systems. Today, energy recovery technologies in passenger and commercial cars are being used increasingly to boost fuel consumption and reduce automotive emissions. In addition to the need to increase the fuel economy, the demand for green braking systems has grown and, due to various energy saving applications, is growing dramatically in the global automotive industry.

The fast growth of the regenerative braking systems segment focused on ultracapacitors gives the demand development of automotive regenerative braking systems a lucrative opportunity. The regenerative braking systems category focused on ultra-capacitors is expected to grow more rapidly during the forecast period relative to other RBS types. The key explanation is that ultracapacitor-based regenerative braking systems have better efficiency. Ultracapacitors are 30% more powerful in contrast with batteries, produce up to 60 times more power and are maintenance-intensive. Furthermore, it can discharge and recharge quickly, work efficiently and quickly for high power requirements. The usage rate of regenerative braking ultra-capacitor-based systems in the automotive industry is expected to rise due to these differentiating features.

Report coverage

The market research study on “Automotive Regenerative Braking Market (By Type: Electric Regenerative Braking System (ERBS), Hydraulic Regenerative Braking System (HRBS), Kinetic Regenerative Braking System (KRBS); By Propulsion: BEV, PHEV, HEV; By Vehicle Type: Two Wheelers, Passenger Cars, Commercial Vehicles) - Global Industry, Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers detailed insights on the global automotive regenerative braking market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report provides insights on global automotive regenerative braking market are type, propulsion, vehicle type, and major geographic regions. The automotive regenerative braking market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.

North America is projected to see huge improvements in infrastructure growth for electricity produced from 2020 to 2027, powered by increased government-wide initiatives. In March 2020 , the Government of Canada announced that 837 EV quick chargers will be installed there to encourage consumers in other energy vehicles. In addition , the industry will further drive initiatives like tax rebates on electric vehicles. In 2019, Asia Pacific led the automotive regenerative break market share by over 75%, with numerous producers, such as SAIC, Honda, Toyota, Mitsubishi and BAIC predicted to continue to lead the forecast period. In countries like China and Japan, industry participants open production facilities to serve a large number of consumers. The growth of the global market for regenerative braking systems over the forecast period is expected to drive growing concerns over the control of vehicle emissions in Europe.

Key Players

Major players included in this report are Delphi Automotive, Continental AG, Aisin Seiki, ZF Friedrichshafen AG, Denso, Bosch Mobility Solutions, Punch Powertrain, Eaton Corporation Plc, Magna International, Hyundai Mobis, and others. In the future, the use of advanced and more effective regenerative braking systems that are less likely to lose energy while in transfer can give automotive OEMs a full leading edge. Their regenerative braking systems will also be used to increase their international reach and market share in the global regenerative braking systems sector.

The global automotive regenerative braking market is segmented as below:

Market Segmentation

Automotive Regenerative Braking Market By Type

Electric Regenerative Braking System (ERBS)

Hydraulic Regenerative Braking System (HRBS)

Kinetic Regenerative Braking System (KRBS)

Automotive Regenerative Braking Market By Propulsion

BEV

PHEV

HEV

Automotive Regenerative Braking Market By Vehicle Type

Two Wheelers

Passenger Cars

Commercial Vehicles

Automotive Regenerative Braking Market By Geography

North America

• U.S
• Canada

Europe

• UK
• Germany
• France
• Spain
• Rest of Europe

Asia-Pacific

• China
• Japan
• India
• Australia
• South Korea
• Rest of Asia-Pacific

Latin America

• Brazil
• Mexico
• Rest of Latin America

Middle East & Africa

• GCC
• South Africa
• Rest of Middle East & Africa