Automotive Energy Harvesting and Regeneration Market Industry Trends, Drivers, Key Players and Forecast Till 2030

Market Overview:

Automotive energy harvesting and regeneration refers to techniques used in vehicles to capture and reuse wasted kinetic energy. These systems help improve fuel economy by recapturing energy lost during braking and convert it into usable electrical energy to power vehicle accessories or charge the battery.

Market Dynamics:

The automotive energy harvesting and regeneration market is witnessing significant growth owing to rising demand for fuel-efficient vehicles. Stringent government regulations regarding vehicular emissions are forcing automakers to integrate more energy-efficient systems in cars. Additionally, increasing adoption of hybrid and electric vehicles worldwide is also propelling the automotive energy harvesting and regeneration market growth. Some of the major automotive energy harvesting techniques used include regenerative braking, turbochargers, and exhaust heat recovery systems. Regenerative braking technology is widely used in hybrid and electric vehicles to improve driving range. This process converts kinetic energy lost during braking into usable electrical power.

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Increased fuel efficiency and reduced carbon emissions regulations are driving adoption

The automotive industry faces increasing pressure to reduce the environmental impact of vehicles by lowering carbon emissions and improving fuel efficiency. Strict regulations such as Corporate Average Fuel Economy (CAFE) standards in the US and European Union CO2 emissions performance standards are driving automakers to invest heavily in energy harvesting and regeneration technologies. Capturing kinetic energy lost during braking and using it to power vehicle electrical systems can help boost fuel efficiency. Regenerative braking combined with start-stop systems and electric motors are becoming increasingly common on hybrid and electric vehicles. Automakers see energy harvesting as key to meeting tough future emissions targets and avoiding heavy fines.

High research and development costs pose challenges to widespread deployment

While energy harvesting technologies offer promising benefits, the upfront research, design and engineering expenses required are substantial. Automakers must invest large sums to develop sophisticated regenerative systems, energy storage components, power electronics and software controllers from the ground up. The costs of prototyping, testing and validating new technologies add to the financial burden. There is also a risk that investments may not deliver expected returns if technologies do not perform as planned or markets evolve differently than expected. For some automakers, balancing existing powertrain portfolios with investing in emerging solutions presents a strategic challenge. The high costs associated with bringing energy harvesting to mass production have slowed broader adoption.

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Opportunities in electrified platforms and vehicle connectivity

As hybrid and electric vehicles gain popularity, they provide a prime opportunity to deploy advanced energy harvesting and regeneration. Their electrified powertrains with electric motors, powerful batteries and sophisticated power electronics and controls are well-suited for maximizing energy recapture. Automakers can more easily integrate regenerative systems into new vehicle architectures from the design phase. Advances in vehicle connectivity also open up possibilities, such as using real-time energy and route data to precisely optimize when and how much energy to harvest or store based on driving conditions. Connected capabilities could help energy harvesting systems operate with greater intelligence and efficiency.

Growing electrification trends will drive broader implementation

Major automakers have ambitious plans to significantly grow their electric vehicle offerings in the coming years to meet tightening emissions regulations and changing customer demands. As electrified nameplates like hybrids, plug-in hybrids and full battery-electric vehicles rise to represent a larger portion of new vehicle sales, they will drive broader implementation of energy harvesting technologies. Regenerative braking, battery charging and recapturing lost kinetic energy are core to the value propositions of these vehicles. Automakers will optimize systems not just for fuel savings but also to extend electric-only range. Energy harvesting and regeneration will see deeper integration across more vehicle architectures and powertrains to support rising electrified transportation trends.

Top Key Players:

Continental AG, Robert Bosch GmbH, Denso Corporation, Delphi Automotive PLC, Faurecia SA, Tenneco Inc., ZF Friedrichshafen AG, Gentherm Incorporated, Torotrak PLC, and Ricardo PLC

Detailed Segmentation:

On the basis of vehicle type, the global automotive energy harvesting and regeneration market is classified into:

Plug-in hybrid electric vehicles
Hybrid Electric Vehicles
Battery Electric Vehicles
Pure Electric Vehicles

On the basis of recovery system, the global automotive energy harvesting and regeneration market is classified into:

Plug-in hybrid electric vehicles
Turbocharger
Regenerative Braking System
Exhaust Gas Recirculation System
Automotive Flywheel

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Key Questions Addressed in the Market Report:

What is the expected size, share, and CAGR of the Automotive Energy Harvesting and Regeneration Market over the forecast period?
What are the key trends expected to influence the Automotive Energy Harvesting and Regeneration Market between 2023 and 2030?
What is the expected demand for various types of products/services in the Automotive Energy Harvesting and Regeneration Market?
What long-term impact will strategic advancements have on the Automotive Energy Harvesting and Regeneration Market?
Who are the key players and stakeholders in the Automotive Energy Harvesting and Regeneration Market?
What are the different segments and sub-segments considered in the Automotive Energy Harvesting and Regeneration Market research study?

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