Automotive Regenerative Braking Systems Market Size, Dynamics, Opportunities, & Forecast With Demographic Data Till 2023

1. How is Need for Curbing Vehicular Emissions Driving Automotive Regenerative Braking Systems Market? 1 ©P&SIntelligence.Allrightsreserved

2. According to a report published by P&S Intelligence, the global automotive regenerative braking systems market is expected to attain $18,228.3 million by 2023, increasing from $6,555.6 million in 2017, and is expected to register an 18.6% CAGR during the forecast period (2018–2023). The market is primarily being driven by the surging requirement for fuel-efficient and eco-friendly vehicles across the globe. Owing to rapidly increasing concerns regarding the environment, auto manufacturers are increasingly being compelled to adopt technologies which can reduce rising exhaust gas emissions and decrease fuel consumption by vehicles. In terms of storage type, the automotive regenerative braking systems market is divided into hydraulics, battery, ultracapacitors, and flywheel. The battery division is predicted to account for the major share of the market during the forecast period, and contributed over 70.0% to the market in 2017. Apart from this, the ultracapacitors division is expected to register the highest CAGR during the forecast period, which can be owing to the fact that this storage type has better charge-discharge capabilities as compared to batteries and is also able to burst high power amounts even at -40 degrees Celsius. Request to Get the Sample Report@ https://www.psmarketresearch.com/market- analysis/automotive-regenerative-braking-systems-market/report-sample Geographically, the Asia-Pacific (APAC) region is expected to dominate the automotive RBS market during the forecast period, and was responsible for contributing nearly 65.0% to the market in 2017. The rapid growth of the regional market can be owing to the rising requirement for fuel-efficient hybrid vehicles and increasing need for long- range battery electric vehicles. Various countries, including Singapore, China, Japan, India, and South Korea, are focusing on reducing greenhouse gas emissions and are implementing regulations regarding the same. This is also leading to the growth of the market in the APAC region. Hence, the market is majorly being driven by the surging carbon emissions from vehicles and the need to control them. This market research report provides a comprehensive overview of the automotive regenerative braking systems market. This study covers •Historical and the present size of the automotive regenerative braking systems market •Future potential of the market through its forecast for the period 2014-2023 •Major factors driving the market and their impact during the short, medium, and long terms •Market restraints and their impact during the short, medium, and long terms •Recent trends and evolving opportunities for the market participants •Historical and the present size of the market segments and understand their comparative future potential •Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings

3. •Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders •Major players operating in the market and their service offerings •Recent strategic developments by the major players in the market 3 ©P&SIntelligence.Allrightsreserved

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