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Automotive Regenerative Braking Systems Market: Size and Growth and Future Prospects, 2016-2023

The market growth is mainly driven by stringent government regulations associated with greenhouse gas emission by vehicles.

Rahul_Gautam
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Automotive Regenerative Braking Systems Market: Size and Growth and Future Prospects, 2016-2023

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  1. Automotive Regenerative Braking Systems Market by Storage Type, Vehicle Type Geography and Future Prospects, 2016-2023

  2. The market growth is mainly driven by stringent government regulations associated with greenhouse gas emission by vehicles. Many government bodies around the world, such as European Commission and Environmental Protection Agency (EPA) have imposed strict regulations regarding greenhouse gas emission, which is expected to benefit the automotive regenerative braking systems market during the forecast period.

  3. Based on storage type, the automotive regenerative braking systems market is categorized into battery, flywheel, hydraulics, and ultracapacitors. The batteries category is estimated to hold the largest share in the market, with around 75% contribution in 2017. High usage of battery-based RBS system in passenger cars is the major factor driving the growth of this category. 

  4. Asia-Pacific is estimated to hold the largest share in the automotive regenerative braking systems market, with a contribution of close to 65% in 2017. The region is also expected to be the fastest growing market for automotive regenerative braking systems during the forecast period.North America is estimated to be the second largest automotive regenerative braking systems market, with a share of more than 15.0% in the global market in 2017. The increase in the demand of zero emission vehicles (ZEVs) owing to stringent government regulations is acting as a driver for the growth of automotive RBS in the region.

  5. Some of the prominent players operating in the automotive regenerative braking systems market are Continental AG, Adgero S.A.S, Skeleton technologies, and Denso Corporation. The other key players in the industry include Aisin Seiki Co. Ltd., Autoliv Nissin Brake Systems, Eaton Corporation Plc, Magneti Marelli S.p.A, Maxwell Technologies, Mazda Motor Corporation, Robert Bosch GmbH, Skeleton Technologies., Torotrak Plc, and ZF Friedrichshafen AG.

  6. Download report sample at: https://www.psmarketresearch.com/market-analysis/automotive-regenerative-braking-systems-market/report-sample

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