Press release
Automotive Energy Recovery System Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts
Automotive Energy Recovery System Market Size
What Is the Expected Automotive Energy Recovery System Market Size During the Forecast Period?
The market size for automotive energy recovery systems has seen significant growth in recent years. The market that was valued at $21.99 billion in 2024 is predicted to increase to $24.15 billion in 2025, reflecting a compound annual growth rate (CAGR) of 9.8%. The impressive growth during this period is associated with an increase in urban mobility services, expansion of smart city projects, burgeoning increase of electrified heavy-duty vehicles, the development of electric vehicle charging structures, and the growth of advanced driver assistance systems.
In the coming years, the market size of automotive energy recovery systems is anticipated to exhibit robust growth. The market value is projected to increase to $34.86 billion by 2029, with a compound annual growth rate (CAGR) of 9.6%. The expected growth in the forecast period can be traced to factors such as escalating fuel prices, a surge in vehicle production, increased emphasis on carbon footprint reduction, growing apprehension about climate change, and rising demand for electric vehicles. The prediction period also foresees major trends including advanced technologies, hybrid energy storage systems, intelligent energy management systems, wireless energy transmission, and integration into smart grids.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=20503
What Are the High-Growth Segments in the Automotive Energy Recovery System Market?
The automotive energy recovery system market covered in this report is segmented -
1) By Subsystem: Turbocharger, Exhaust Gas Recirculation, Regenerative Braking System
2) By Propulsion: Internal Combustion Engine (ICE), Electric
3) By Key Technology: Camera, Fusion, Light Detection And Ranging (LiDAR), Radio Detection And Ranging (Radar)
4) By Vehicle: Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles
Subsegments:
1) By Turbocharger: Single Turbocharger, Twin Turbocharger, Variable Geometry Turbocharger (VGT)
2) By Exhaust Gas Recirculation (EGR): Low-Pressure EGR, High-Pressure EGR, EGR Coolers
3) By Regenerative Braking System: Kinetic Energy Recovery Systems (KERS), Electric Regenerative Braking Systems, Hydraulic Regenerative Braking Systems
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=20503&type=smp
What Key Drivers Are Expected to Influence Future Automotive Energy Recovery System Market Growth?
The surge in the need for electric and hybrid automobiles is anticipated to drive the expansion of the market for automotive energy recovery systems. Electric vehicles (EVs), which exclusively use electricity stored in batteries, fundamentally differ from hybrid vehicles that mix an internal combustion engine with electric motors for maximized fuel efficiency and minimized emissions. The desire for these vehicles stems from developments in battery technology, increasing ecological consciousness, governmental incentives, and a rising consumer preference for transportation options that are fuel-efficient and low-emission. Automotive energy recovery systems for electric and hybrid vehicles seize and recycle energy from actions such as braking to boost efficiency, broaden range, and decrease the total consumption of energy. As reported by the International Energy Agency, a French intergovernmental organization, in March 2023, electric cars saw an explosive growth in 2022 with over 10 million sales, accounting for an approximate 14% of all new car sales - over a 9% increase from 2021. Therefore, it's clear that the growing popularity of electric and hybrid vehicles is propelling the automotive energy recovery system market forward.
Which Companies Hold the Largest Share Across Different Automotive Energy Recovery System Market Segments?
Major companies operating in the automotive energy recovery system market are Toyota Motor Corporation, General Motors Company, BMW Group, Robert Bosch GmbH, Hitachi Automotive Systems Ltd., Nissan Motor Co. Ltd., Audi AG, Panasonic Corporation, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Hyundai Precision & Industries Corporation, Magna International Inc., Mitsubishi Electric Corporation, Honeywell International Inc., Aisin Seiki Co. Ltd., Cummins Inc., Valeo SA, Schaeffler AG, Parker Hannifin Corporation, BorgWarner Inc., GKN Automotive Ltd., Delphi Technologies Inc
What Trends Are Driving Growth in The Anesthesia Circuits Market?
Major auto industry players in the automotive energy recovery system market are focusing on the creation of cutting-edge products such as energy recovery systems that utilize the heat generated by batteries, power electronics, and other driving components. This system significantly improves the performance, efficiency, and travel range of electric vehicles. Specifically tailored for electric and hybrid vehicles, this energy recovery arrangement or waste heat recovery system (WHRS) exploits the heat produced by various parts to boost the vehicle's overall efficiency. For example, General Motors, a US-based automotive manufacturing enterprise, introduced an innovative energy recovery system for the Ultium electric vehicle platform in April 2022. This dynamic system adopts top-notch regenerative braking technology, effectively capturing and converting kinetic energy into electrical power when braking, thereby enhancing the vehicle's travel range. It is equipped with an advanced thermal management system to efficiently control and dissipate heat produced during energy recovery. This system perfectly fits into GM's energy management plan, guaranteeing evenly distributed power between the electric motor and regenerative braking for optimal efficiency.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/automotive-energy-recovery-system-global-market-report
What Are the Emerging Geographies for The Automotive Energy Recovery System Market Growth?
Asia-Pacific was the largest region in the automotive energy recovery system market in 2024. The regions covered in the automotive energy recovery system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Automotive Energy Recovery System Market?
2. What is the CAGR expected in the Automotive Energy Recovery System Market?
3. What Are the Key Innovations Transforming the Automotive Energy Recovery System Industry?
4. Which Region Is Leading the Automotive Energy Recovery System Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the automotive energy recovery system market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Energy Recovery System Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts here
News-ID: 4065052 • Views: …
More Releases from The Business Research Company
Seed Treatment Fungicides Market to Grow at 9.3% CAGR, Reaching $3.15 Billion by …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Seed Treatment Fungicides Market Outlook: How is the Market Expected to Grow by 2025?
Over the past few years, the market for seed treatment fungicides has seen robust growth. Its market value is projected to rise from $2.07 billion in 2024 to $2.21 billion in 2025, signifying a compound annual…
Rheology Modifiers Market Growth to be Driven by Emerging Trends | $10.92 Billio …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Rheology Modifiers Industry?
There has been a consistent expansion in the size of the rheology modifiers market in the past few years. The market, which was worth $8.59 billion in 2024, is projected to increase to $8.89 billion in 2025, demonstrating a compound…
Polyurethane Foam Market to Record 8.4% CAGR Growth Through 2029 | Global Analys …
Use ONLINE30 for 30% savings on global market reports and stay on top of tariff updates, market trends, and economic shifts worldwide.
Polyurethane Foam Market Outlook: How is the Market Expected to Grow by 2025?
In recent years, the size of the polyurethane foam market has experienced substantial growth. It is projected to increase from a value of $54.27 billion in 2024 to $57.26 billion in 2025, indicating a compound annual growth…
Pharmaceutical Intermediates Market Size to Reach $46.04 Billion by 2029 | Growt …
Stay informed on tariff shifts, macro trends, and global economic changes-use code ONLINE30 to enjoy 30% off our global market reports.
What is the Projected Market Size of the Pharmaceutical Intermediates Industry?
There has been consistent growth in the market size of pharmaceutical intermediates over the past few years. The market is predicted to increase from a value of $33.37 billion in 2024, up to $34.95 billion in 2025, with a compound…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
