Press release
Automotive Regenerative Braking Market Demand, Competitive Outlook, Scope, Industry Size And Forecast To 2031: Aisin Seiki Co. Ltd., Continental AG, Hyundai Mobis Co. Ltd
The global automotive regenerative braking market report by the business research company identifies the increase in sales of electric vehicles across the globe to be a major growth driver for the automotive regenerative braking market. A regenerative braking system is found in both electric vehicles and plug-in hybrid electric vehicles and recharges the battery during braking. This technology is used in electric vehicles to mitigate energy loss during braking. The increase in the acquisition of electric vehicles by customers across the globe is expected to increase the demand for new and innovative regenerative braking systems. According to the study published in EV-Columes.com, approximately 6.75 million electric vehicles were sold across the globe in 2021, a 108% increase from 2020. Therefore, an increase in sales of electric vehicles across the globe is expected to boost the automotive regenerative braking market during the forecast period.The global automotive regenerative braking market size is expected to grow from $4.17 billion in 2021 to $4.72 billion in 2022 at a compound annual growth rate (CAGR) of 13.20%. The global automotive regenerative braking market size is expected to reach $8.90 billion in 2026 at a CAGR of 17.15%.
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North America was the largest region in the automotive regenerative braking market in 2021. Asia-Pacific is expected to be the fastest-growing region in the global automotive regenerative braking market during the forecast period. The regions covered in the global automotive regenerative braking market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.
Major players in the automotive regenerative braking market are Aisin Seiki Co. Ltd., Continental AG, Hyundai Mobis Co. Ltd., Mazda Motor Corp., Toyota Motor Corporation, ADVICS CO., LTD., Faurecia, Autoliv Inc., Punch Powertrain, Aisin Seiki, TRW, Eaton Corporation PLC, ZF Friedrichshafen AG, Bosch Mobility Solutions, and Punch Powertrain.
The global automotive regenerative braking market is segmented -
1) By Type: Electric Regenerative Braking System, Hydraulic Regenerative Braking System, Kinetic Regenerative Braking System
2) By Propulsion: Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV)
3) By Application: Two Wheelers, Passenger Cars, Commercial Vehicles, Others
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The Automotive regenerative braking Market Report Contents Include
1. Executive Summary
2. Automotive Regenerative Braking Market Characteristics
3. Automotive Regenerative Braking Market Trends And Strategies
4. Impact Of Covid-19 On Automotive Regenerative Braking
5. Automotive Regenerative Braking Market Size And Growth
....
26. Africa Automotive Regenerative Braking Market
27. Automotive Regenerative Braking Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Regenerative Braking Market
29. Automotive Regenerative Braking Market Future Outlook And Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the automotive regenerative braking market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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