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Automotive Regenerative Braking Systems Market Size – USD 3.01 Billion in 2019, Market Growth – CAGR of 13.3%.
VANCOUVER, BRITISH COLUMBIA, CANADA, October 25, 2021 /EINPresswire.com/ — The Global Automotive Regenerative Braking System Market is forecasted to reach USD 8.19 Billion by 2027. Increasing the use of hybrid and battery electric cars worldwide would boost the scale of the regenerative braking industry in the automobile field. Nowadays, all passenger and freight cars are equipped with energy-efficient modules leading to higher fuel economy and even lower automotive carbon emissions. This aspect drives the regenerative braking device market's global growth over the forecast period. The growing demand for electric cars, even in public transport, is likely to give market players several opportunities over the forecast period.
The Global Automotive Regenerative Braking Systems Market research study published by Emergen Research is an extensive collection of insightful information about the Automotive Regenerative Braking Systems industry. The report covers the Automotive Regenerative Braking Systems Market segmentation along with a detailed outline of the Automotive Regenerative Braking Systems market size with regards to volume and valuation. The report provides comprehensive coverage of the Automotive Regenerative Braking Systems market scenario for the current period and forecast timeline of 2020-2027. The Automotive Regenerative Braking Systems market report contains an in-depth analysis of the historical, current, and projected revenues for every industry vertical, segment, end-use industries, applications, and regions.
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Global Automotive Regenerative Braking Systems Market – Overview:
The latest market intelligence report, titled ‘Global Automotive Regenerative Braking Systems Market’, is intended to provide the target audience with the necessary information about the global Automotive Regenerative Braking Systems industry. The report comprises a detailed analysis of the vital elements of the Automotive Regenerative Braking Systems market, including key drivers, constraints, opportunities, limitations, threats, and micro- and macro-economic factors. The report carefully investigates the present market scenario and the fundamental growth prospects.
Further key findings from the report suggest
Based on the type, the kinetic regenerative braking system generated a revenue of USD 0.71 billion in 2019 and projected to rise with a CAGR of 12.6% in the forecast period, due to better energy conservation and its efficiency in commercial vehicles, dynamic energy storage, or flywheel devices are also expected to gain fast momentum.
The plug-in hybrid electric vehicles expected to grow with a CAGR of 13.4% in the forecasted period, owing to the raising vehicle acceptance that provides the versatility for external charging and enhances the vehicle's driving range.
The commercial vehicles application is the major contributor to the Automotive Regenerative Braking System Market. The commercial vehicles application of the North America region is the major shareholder of the market and held around 35.2% of the market in the year 2019, owing to the government policies to electrify the public transit fleet coupled with the rising factory growth and the development of services are increasing the scale of the commercial vehicle fleet.
Competitive Landscape:
The key players in the market are adopting various strategies such as mergers and acquisitions, product launches, partnerships, collaborations and brand promotions to retain their market position and enhance their product base. The report also sheds light on the market players in the global Automotive Regenerative Braking Systems Market with important details about each market player such as its global position, financial standing, production and manufacturing capacity, license agreement, and business expansion plans.
Key Companies in the market include: Eaton Corporation PLC, ZF Friedrichshafen AG, Bosch Mobility Solutions, Delphi Automotive, Continental AG, Magna International, Punch Powertrain, Denso, Aisin Seiki, and Hyundai Mobis, among others.
Report Objectives
Analyze the performance of different regions and countries in the global Automotive Regenerative Braking Systems Market.
Examine the size of the global Automotive Regenerative Braking Systems Market based on the parameters of value and volume.
Extensively profile top players of the global Automotive Regenerative Braking Systems Market and showing how they compete in the industry.
Study manufacturing processes and the costs, product pricing, and various trends associated with them.
Accurately calculate the market shares, consumption, and other essential aspects of different segments of the global Automotive Regenerative Braking Systems Market.
Explore the underlying dynamics of the global Automotive Regenerative Braking Systems Market.
Highlight significant trends of the global Automotive Regenerative Braking Systems Market based on factors including, production, revenue, and sales.
Forecast the market size and share of all segments and regions in the global landscape.
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The primary aim of the report is to offer precise information to the readers and investor and help them invest after understanding the market dynamics at glance. The report offers in depth information about the competitive landscape of the global Automotive Regenerative Braking Systems Market with extensive profiling of each market player with its global position, financial standing, business expansion plans, and license agreement.
Regional Analysis:
The report sheds light on the region expected to dominate the Automotive Regenerative Braking Systems market in the coming years. The report estimates the market size in terms of volume and value and offers an accurate estimate of the market share each region is anticipated to hold during the forecast period. The report analyzes the spread of the Automotive Regenerative Braking Systems market in key geographies covering North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The regional analysis offers an idea about the production and consumption pattern, import/export, supply and demand ratio, revenue contribution, market share and size, and the presence of prominent players in each region.
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For the purpose of this report, Emergen Research has segmented into the global Automotive Regenerative Braking System Market based on the type, propulsion, application, and region:
Type Outlook (Revenue, USD Billion; 2017-2027)
Electric Regenerative Braking System
Hydraulic Regenerative Braking System
Kinetic Regenerative Braking System
Propulsion Outlook (Revenue, USD Billion; 2017-2027)
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)
Hybrid Electric Vehicle (HEV)
Application Outlook (Revenue, USD Billion; 2017-2027)
Two Wheelers
Passenger Cars
Commercial Vehicles
Others
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Table of Content
Chapter 1. Methodology & Sources
1.1. Automotive Regenerative Braking Systems Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Automotive Regenerative Braking Systems Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Automotive Regenerative Braking Systems Market Segmentation & Impact Analysis
4.1. Automotive Regenerative Braking Systems Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Automotive Regenerative Braking Systems Market indicators analysis
4.2.2. Automotive Regenerative Braking Systems Market drivers analysis
Key Questions Answered in the Report:
What is the growth rate of the Automotive Regenerative Braking Systems market? What is the anticipated market valuation of Automotive Regenerative Braking Systems industry by 2028?
What are the key growth driving and restraining factors of the Automotive Regenerative Braking Systems market?
Who are the prominent players operating in the market? What are the key strategies adopted by these companies?
What are the key opportunities and growth prospects of the Automotive Regenerative Braking Systems industry over the forecast period?
Which region is expected to show significant growth in the coming years?
Continued…
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