Press release
Global Automotive Regenerative Braking System Market Expected To Reach At A CAGR Of 36.47% During The Period 2017 - 2021
Market Research Report
Automotive RBS is a mechanism using which the vehicle's energy lost during braking can be harvested and reused when required. In actual sense, the kinetic energy of the vehicle is recovered used immediately or stored in the vehicle's battery until needed. The origins of RBS for automotive applications dates to the early 19th century. It is believed that RBS was first used in 1908 in a smartcar. C.J. Paulson patented his smartcar design, wherein the additional power generated by the vehicle and the energy generated by vehicle's momentum could be stored in a spring to propel the vehicle. The vehicle never went into production officially.
Technavios analysts forecast the global automotive regenerative braking system market to grow at a CAGR of 36.47% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive regenerative braking system market for 2017-2021. To calculate the market size, the report considers the RBS penetration rate in passenger vehicles.
The market is divided into the following segments based on geography:
APAC
Europe
North America
Technavio's report, Global Automotive Regenerative Braking System Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
To Get Sample Copy of Report visit @ https://www.researchmoz.us/enquiry.php?type=S&repid=1476172
Key vendors
Bosch
Continental
Hyundai Mobis
ZF
Other prominent vendors
Autoliv-Nissin Brake System
DENSO
Advics North America
Market driver
Increasing sales of electric vehicles
For a full, detailed list, view our report
Market challenge
Operational issues and relatively higher cost of RBS
For a full, detailed list, view our report
Browse TOC @ https://www.researchmoz.us/global-automotive-regenerative-braking-system-market-2017-2021-report.html/toc
Market trend
Development of EDIB to optimize regenerative and conventional braking
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
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