Global Automotive Energy Harvesting and Regeneration Market: Players Resort to Strategic Partnerships to Prosper, finds TMR
Key methods leveraged by the big names in the global automotive energy harvesting and regeneration market to strengthen their positions are strategic partnerships and focus on technological advancements. Robert Bosch GmbH, for example, has partnered with Software AG for developing joint services and solutions for the Internet of Things and Industry 4.0. It has also invested heavily in research and development to come up with more cutting-edge offerings. Continental AG again is leading the market with a focus on innovative design. Denso Corporation, another crucial player, also banks heavily on research and development to beat competition by offering customers with technologically advanced products.
Request Sample Copy of the Report @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=23372
A report by Transparency Market Research predicts the global automotive energy and harvesting and regeneration market to expand at a phenomenal 21.6% CAGR between 2017 and 2025 to become worth US$127.78 bn by 2025 from US$24.59 bn in 2016.
Germany Propels Europe to the Top Slot
Depending upon the type of vehicles, the global automotive energy harvesting and regeneration market can be segmented into plug-in hybrid electric vehicles, hybrid electric vehicles, and battery electric vehicles. Among the three, the segment of hybrid electric vehicles accounts for a leading share in the market and in the years ahead too will retain its dominant share by expanding at a robust CAGR of 22.2% between 2017 and 2025. This is because hybrid electric vehicles combine the benefits of both electric motors and gasoline engines and hence can be configured to suit various requirements such as better fuel efficiency, increased power, and auxiliary power for power tools and electronic devices.
Geography-wise, the global automotive energy harvesting and regeneration market can be segmented into Latin America, Asia Pacific, Europe, North America, and the Middle East and Africa. Europe, among them, leads with maximum share and in the years ahead too will likely retain its dominant position, powered by Germany, Italy, the U.K., and France. In 2016, the market for automotive energy harvesting and regeneration in Europe was worth US$7 bn.
Popularity of Green Manufacturing Catalyzes Growth in Market
Majorly boosting the global automotive energy harvesting and regeneration market is the soaring awareness and popularity of green manufacturing in the automotive industry. Green manufacturing makes use of renewable energy and attempts to bring down pollution by cutting down emissions. Energy harvesting and regeneration techniques help achieve just that.
Another factor stoking growth in the market is the strict government rules. “Stringent government policies and regulations globally such as The Corporate Average Fuel Economy (CAFÉ) Standards are encouraging the demand for energy efficient vehicles by formulating regulations for reducing petroleum consumption, increasing the availability of alternative fuel vehicles, lowering greenhouse emission and promoting the advancement of innovative technologies and this is offering a potential growth opportunity to the global automotive energy harvesting and regeneration market,” elaborates the lead analyst of the report.
On the flip side, the high cost of vehicles and current battery technology of EVs is crimping growth in the global automotive energy harvesting and regeneration market. However, manufacturers are expected to come up with low cost and more efficient batteries in the near future to overcome the challenge.
Request for Customization @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=23372
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 Global Automotive Energy Harvesting and Regeneration Market: Players Resort to Strategic Partnerships to Prosper, finds TMR here
News-ID: 835626 • Views: 161
More Releases from Transparency Market Research
Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the
More Releases for Automotive
Automotive Sunroof Market
Automotive Sunroof is a fixed or operable opening in vehicle that allows light or fresh air to enter inside a car. Sunroof are of many shapes and sizes and styles and they are either manually driver or motor driven. Increasing demand for premium cars and growing need to control light inside the vehicle is fueling the growth of automotive sunroof market. The major driver influencing the growth of automotive sunroof is
Automotive MEMS Sensor
The Insight Partners added “Laser Technology Market to 2025” to its research database. The report is spread across 150 pages and supported by 10 company leaders. A laser is a coherent and focused beam of photons; coherent, in this context, means that it is all one wavelength, unlike ordinary light which showers on us in many wavelengths. Laser technology is used for an extensive range of professional field measurement applications which
Automotive Air Filter Market
An automotive air filter is a device that is made up of fibrous materials that removes solid particulates like pollen, dust, bacteria, and mould from the intake air. A chemical type of air filter consist of a catalyst or absorbent for removing molecular contaminants like ozone or volatile organic compounds. Air filters are being used in applications where air quality is of vital importance, notably in building ventilation systems and
Automotive Fasteners Market
Fasteners are the mechanical components that holds, joins or affixes two or more parts together, automotive industry is the largest market for the fastener. Automotive fasteners are made up of various materials such as Iron, Aluminum, Brass, Nickel, Stainless steel, Plastic, they are further classified with their distinct characteristics. Automotive fasteners are generally used for the clamping parts of vehicle together to avoid their separation or wobbling, transmitting loads as
Automotive Tires Market
The automotive tires play a very important role in vehicle performance along with the vehicle engine. A tire should be fine enough to carry vehicle weight and pressure on any road with superior breaking performances. The manufacturers focus on enhancing the production and performance capabilities of tires to meet with the growing demands of OEMs as well as secondary market.The automotive tires market is expected to grow rapidly in the
Automotive Actuators Market 2017 - AK, FTE automotive
MarketReports.biz’s Automotive Actuators market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Request for sample @ https://goo.gl/auN0LC The Players mentioned in our report AK FTE automotive The report includes the forecasts, Analysis and discussion of important industry trends,