Press release
Automotive Regenerative Braking System Market Anticipated to Expand at a CAGR of 15.5% during the Forecast Period 2030
Automotive Regenerative Braking System Market
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/1679
The automotive regenerative braking system is a kinetic energy recovery system employed in energy-saving vehicles that recovers the energy lost during braking and then uses this energy to recharge the battery of vehicle. The amount of recoverable energy depends upon vehicle speed & stopping pattern. Furthermore, 5%-10% of transmitted energy can be saved by using a regenerative braking system. Presently, energy recovery systems in vehicles are used in passenger as well as commercial vehicles to improve fuel economy & reduce vehicular emissions. As a result, the need for regenerative braking system market has evolved to develop a better fuel economy, gaining significant growth in the global automotive industry.
Regenerative Braking System (RBS) is a mechanism that uses a generator to recover kinetic energy while braking. In conventional vehicles, most of the kinetic energy generated during braking is converted into heat and is dissipated into the environment. RBS helps in converting the generated heat into electrical energy and further store it in an energy storage system such as flywheel, batteries, and ultra-capacitors. Factors that drive the RBS market are the increase in demand for fuel-efficient cars, such as Hybrid Electric Vehicle (HEV) and Plug-In Hybrid Electric Vehicle (PHEV), and stringent rules and regulations by government about automobile pollution. However, restraints associated with RBS increase the overall cost and weight of vehicle. Moreover, advancement in two-wheeler RBS and rise in demand for RBS in locomotives create numerous opportunities for the RBS market.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/automotive-regenerative-braking-system-market/purchase-options
Factors such as stringent vehicular emission norms & regulations and rise in the number of electric vehicles & EV infrastructure are expected to drive the growth of the automotive regenerative braking system market. However, factors such as increase in overall cost & weight of vehicles and high repair & maintenance costs hinder the market growth. Moreover, technological advancement in the two-wheeler-based regenerative braking system and the adoption of the regenerative braking system in heavy vehicles is expected to provide ample opportunities for the growth of the market across the globe.
By vehicle type, the passenger cars segment is expected to maintain its lead owing to its superior benefits such as high efficiency of energy conversion compared to RBS used in trucks or buses and increase in driving distance of electric vehicles. Moreover, RBS can recover approximately half of the energy wasted by passenger cars while braking. This segment accounted for about 55% market share in 2015 and is anticipated to witness a CAGR of 46.9%.
๐๐ซ๐จ๐ฆ๐ข๐ง๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ
Maxwell Technologies, Mazda Motor Corporation, AISIN Corporation, ZF Friedrichshafen AG, faurecia, Hyundai Mobis Co Ltd, Continental AG, ADVICS CO. LTD, DENSO CORPORATION, robert bosch gmbh
๐๐ง๐ญ๐๐ซ๐๐ฌ๐ญ๐๐ ๐ญ๐จ ๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐ญ๐ก๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ? ๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/1679
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
The automotive regenerative braking system market is categorized on the basis of system, vehicle type, propulsion type, and region. Depending on the system, it is categorized into electric, hydraulics, and others. According to vehicle type, it is segmented into two-wheeler, passenger car, and commercial vehicle. As per propulsion type, the market has been classified into BEV, HEV, and PHEV. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
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By system, the electric segment is expected to register a significant growth during the forecast period.
Depending on vehicle type, the commercial vehicle segment is anticipated to exhibit significant growth in the near future.
On the basis of propulsion type, the BEV segment is projected to lead the global automotive regenerative braking system market owing to higher CAGR.
Europe is anticipated to register the highest CAGR.
๐๐ก๐๐๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ ๐ซ๐๐ฅ๐๐ญ๐๐ ๐ฌ๐ญ๐ฎ๐๐ข๐๐ฌ ๐ฉ๐ฎ๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐ฒ ๐๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Automotive Motors Market - https://www.alliedmarketresearch.com/automotive-motors-market
Automotive Constant Velocity Joint Market - https://www.alliedmarketresearch.com/automotive-constant-velocity-joint-market-A31412
Automotive Diagnostics Market - https://www.alliedmarketresearch.com/automotive-diagnostics-market-A13069
Electric Scooter and Motorcycle Market - https://www.alliedmarketresearch.com/electric-scooter-and-motorcycle-market-A12724
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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