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Automotive Regenerative Braking Market to Witness Robust Expansion by 2029

09-12-2023 01:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

Automotive Regenerative Braking Market to Witness Robust

The global automotive regenerative braking market is anticipated to grow at a considerable CAGR of 16.1% during the forecast period. One of the crucial factors fueling the market growth includes the rapidly growing urbanization across the globe. As per the data published by the Word Bank, in 2020, global urbanization reached 56.2% in 2020, which was 53.9% in 2015. Moreover, the World Bank has estimated that by 2045, the number of people living in cities will increase by 1.5 times to 6 billion, adding 2 billion more urban residents. Thus, increasing number of urban population has increased the traffic issues among the cities.

The automotive regenerative braking system uses unused kinetic energy to convert it into electric energy to charge the battery which would otherwise turn into heat. This has benefitted most of the electric vehicles, and hybrid vehicles in the urban areas. Such benefits also makes electric vehicles a better option as compared to internal combustion engine (ICE) vehicles which drop their mileage in urban areas owing to the high traffic. For instance, in December 2021, Indian Road Transport and Highways Minister, Nitin Gadkari, informed that out of a total of 870,141 EV registrations, Delhi, the Indian capital and one of the most populous cities in the world, had registered 125,347 EVs which is more than 14% of the total registered EVs in India. Additionally, government of various developed and developing nations as significantly increased investment in electric vehicles projects catering to eradicate and minimize risk associated with the traffic. For instance, in June 2021, the Canadian Government announced an investment of about $2.4 million to install EV fast chargers in the country. Meanwhile, the adoption of EVs equipped with regenerative braking system to utilize the kinetic energy into electrical energy in public transport vehicles is expected to drive the regenerative braking system market.

To Request a Sample of our Report on Automotive Regenerative Braking Market:  https://www.omrglobal.com/request-sample/automotive-regenerative-braking-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By System
By Vehicle Type
By Propulsion Type

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World
Competitive Landscape- including AISIN Corp., Continental AG, DENSO Corp., Robert Bosch GmbH, ZF Friedrichshafen AG, and others.

A full Report of Automotive Regenerative Braking Market is Available @  https://www.omrglobal.com/industry-reports/automotive-regenerative-braking-market

Automotive Regenerative Braking Market Report Segment

By System

Electric
Hydraulics
Kinetic

By Vehicle Type

Passenger Vehicles
Commercial Vehicles
By Propulsion Type
Battery Electric Vehicles (BEV)
Hybrid Electric Vehicles (HEV)
Plug-In Hybrid Electric Vehicles (PHEV)

Automotive Regenerative Braking Market Report Segment by Region

North America                                                                                                                                                                            

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles 

ADVICS CO., LTD. 
Delphi Automotive DENSO Corp. 
Eaton Corp. Plc 
Hyundai Mobis Co., Ltd. 
Magna International Inc. 
Maxwell Technologies 
Mazda Motor Corp. 
Punch Powertrain NV

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/automotive-regenerative-braking-market

https://www.somosxbox.com.mx/noticias-urgente/el-mercado-de-cubiertas-moviles-sera-testigo-de-un-crecimiento-asombroso-para-2029/120862/
https://perualdia.net/tasa-de-crecimiento-lento-del-mercado-de-cocinas-modulares-previsto-para-2023-2030/
https://ekz-crosstour.ch/news/der-markt-fuer-insektenschutzmittel-wird-bis-2023-2029-ein-starkes-wachstum-verzeichnen/129165/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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