Automotive Regenerative Braking Market
Global Automotive Regenerative Braking Market Size, Share & Trends Analysis Report by System (Electric, Hydraulics, and Kinetic), by Vehicle Type (Passenger Vehicles and Commercial Vehicles), and by Propulsion Type (Battery Electric Vehicles, Hybrid Electric Vehicles, and Plug-In Hybrid Electric Vehicles) Forecast (2022-2028) Update Available - Forecast 2024-2030
The global automotive regenerative braking market is anticipated to grow at a significant CAGR of 16.1% during the forecast period. One of the major factors driving the growth of the market includes growing demand for electric vehicles across the globe. Several nations in collaboration with key market players are taking various initiatives to promote adoption of electric vehicles., As a result of which, over the past few years sales of electric vehicles have been grown exponentially which in turn has increased the demand for automotive regenerative braking market. These are used to recharge the battery and enhances the running range of the electric vehicles. As per the data of the International Energy Agency 2020, electric car sales reached 2,986,659 which is more than 40% of the electric car sales in 2019.
Impact of COVID-19 Pandemic on Global Automotive Regenerative Braking Market
The COVID-19 pandemic had impacted the global automotive industry significantly owning to the imposition of lockdown across the globe to control the spread of the virus. It has affected the overall demand for vehicles in the market. However, the electric vehicle market showed significant growth which was also reflected in the sales of the automotive regenerative braking market. As per the Aisin annual report 2020, the production of the regenerative braking system significantly increased in 2020 with a cumulative total volume of around 14 million. The company is further expecting to increase production in upcoming years as electric vehicles become more widely used.
Segmental Outlook
The global automotive regenerative braking market is segmented based on the system, vehicle type, and propulsion type. Based on the system, the market is segmented into electric, hydraulics, and kinetic. Based on the vehicle type, the market is sub-segmented into passenger vehicles and commercial vehicles. Based on the propulsion type, the market is segmented into battery electric vehicles (BEV), hybrid electric vehicles (HEV), and plug-in hybrid electric vehicles (PHEV). Among the vehicle type, the passenger vehicles segment is expected to hold the prominent share in the market while, based on propulsion type, BEV is estimated to hold the considerable share in the market.
Global Automotive Regenerative Braking Market Share by Vehicle Type, 2021 (%)
The Passenger Vehicles Segment is Anticipated to Hold Significant Share of the Global Automotive Regenerative Braking Market
The passenger vehicle segment is anticipated to hold the significant share in the global automotive regenerative braking market and is anticipated to grow significantly during the forecast period. Passenger vehicles have been dominating the market since the inception of the vehicle industry. These vehicles are used by most people for various reasons while commercial vehicles are used by some for specific works. Its dominance has been also seen in the electric vehicle market which has a growing demand for the specific fluids used in electric vehicles. As per the International Energy Agency (IEA), 2020 data, EV cars stock is 10,228,265 units across the globe, while commercial vehicles are 637,699 units.
Regional Outlooks
The global automotive regenerative braking market is further segmented based on geography including North America (the US, and Canada), Europe (Italy, Spain, Germany, France, and Others), Asia-Pacific (India, China, Japan, South Korea, and Others), and the Rest of the World (the Middle East & Africa, and Latin America). The market can be analyzed for a particular region or country level as per the requirement. Among the regions, the Asia-Pacific is anticipated to hold the prominent share in the market followed by Europe, and North America.
Global Automotive Regenerative Braking Market Growth, by Region 2022-2028
The Asia-Pacific Region Anticipated to Hold Prominent Market Share of the Global Automotive Regenerative Braking
Asia-Pacific region is anticipated to hold prominent share among automotive regenerative braking market globally. Owing to the presence of emerging countries such as China, India, Japan, South Korea, and others. These countries are the most populous and strongly holds on key vehicle market players such as Toyota, Honda, Nio, Tata, and others. These market players are continuously focusing on developing and launching electric vehicles, which has directly increased the sales of electric vehicles in the region. For instance, in April 2022, Tata Motors introduced a new electric vehicle concept named Curvv. The Curvv EV concept, whose dimensions are unknown, aims to serve long-range version of the Tata Nexon EV. The product will be launched in 2024.
Market Players Outlook
The major companies serving the global automotive regenerative braking market include AISIN Corp., Continental AG, DENSO Corp., Robert Bosch GmbH, ZF Friedrichshafen AG, and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in April 2020, Continental AG launched MK C1 brake system to lower the emission of carbon dioxide from electric and hybrid cars by nearly five grams per kilometer on average compared to a conventional hydraulic hybrid brake system.
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive regenerative braking market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
• Impact of COVID-19 on the Global Automotive Regenerative Braking Market
• Recovery Scenario of Global Automotive Regenerative Braking Market
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. BY Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.1.1. AISIN CORP.
3.1.1.1. Overview
3.1.1.2. Financial Analysis
3.1.1.3. SWOT Analysis
3.1.1.4. Recent Developments
3.1.2. Continental AG
3.1.2.1. Overview
3.1.2.2. Financial Analysis
3.1.2.3. SWOT Analysis
3.1.2.4. Recent Developments
3.1.3. DENSO Corp.
3.1.3.1. Overview
3.1.3.2. Financial Analysis
3.1.3.3. SWOT Analysis
3.1.3.4. Recent Developments
3.1.4. Robert Bosch GmbH
3.1.4.1. Overview
3.1.4.2. Financial Analysis
3.1.4.3. SWOT Analysis
3.1.4.4. Recent Developments
3.1.5. ZF Friedrichshafen AG
3.1.5.1. Overview
3.1.5.2. Financial Analysis
3.1.5.3. SWOT Analysis
3.1.5.4. Recent Developments
3.2. Key Strategy Analysis
3.3. Impact of COVID-19 on Key Players
4. Market Segmentation
4.1. Global Automotive Regenerative Braking Market by System
4.1.1. Electric
4.1.2. Hydraulics
4.1.3. Kinetic
4.2. Global Automotive Regenerative Braking Market by Vehicle Type
4.2.1. Passenger Vehicles
4.2.2. Commercial Vehicles
4.3. Global Automotive Regenerative Braking Market by Propulsion Type
4.3.1. Battery Electric Vehicles (BEV)
4.3.2. Hybrid Electric Vehicles (HEV)
4.3.3. Plug-In Hybrid Electric Vehicles (PHEV)
5. Regional Analysis
5.1. North America
5.1.1. US
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. ADVICS CO., LTD.
6.2. Delphi Automotive DENSO Corp.
6.3. Eaton Corp. Plc
6.4. Hyundai Mobis Co., Ltd.
6.5. Magna International Inc.
6.6. Maxwell Technologies
6.7. Mazda Motor Corp.
6.8. Punch Powertrain NV
1. GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
2. GLOBAL ELECTRIC AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
3. GLOBAL HYDRAULICS AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
4. GLOBAL KINETIC AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
5. GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
6. GLOBAL PASSENGER VEHICLES AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
7. GLOBAL COMMERCIAL VEHICLES AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
8. GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2021-2028 ($ MILLION)
9. GLOBAL BEV AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
10. GLOBAL HEV AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
11. GLOBAL PHEV AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY REGION, 2021-2028 ($ MILLION)
12. GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY GEOGRAPHY, 2021-2028 ($ MILLION)
13. NORTH AMERICAN AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
14. NORTH AMERICAN AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
15. NORTH AMERICAN AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
16. NORTH AMERICAN AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2021-2028 ($ MILLION)
17. EUROPEAN AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
18. EUROPEAN AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
19. EUROPEAN AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
20. EUROPEAN AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2021-2028 ($ MILLION)
21. ASIA-PACIFIC AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
22. ASIA-PACIFIC AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
23. ASIA-PACIFIC AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
24. ASIA-PACIFIC AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2021-2028 ($ MILLION)
25. REST OF THE WORLD AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2021-2028 ($ MILLION)
26. REST OF THE WORLD AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY SYSTEM, 2021-2028 ($ MILLION)
27. REST OF THE WORLD AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2021-2028 ($ MILLION)
28. REST OF THE WORLD AUTOMOTIVE REGENERATIVE BRAKING MARKET RESEARCH AND ANALYSIS BY PROPULSION TYPE, 2021-2028 ($ MILLION)
1. IMPACT OF COVID-19 ON GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET, 2021-2028 ($ MILLION)
2. IMPACT OF COVID-19 ON GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET BY SEGMENT, 2021-2028 ($ MILLION)
3. RECOVERY OF GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET, 2022-2028 (%)
4. GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY SYSTEM, 2021 VS 2028 (%)
5. GLOBAL ELECTRIC AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
6. GLOBAL HYDRAULICS AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
7. GLOBAL KINETICS AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
8. GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY VEHICLE TYPE, 2021 VS 2028 (%)
9. GLOBAL PASSENGER VEHICLES AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
10. GLOBAL COMMERCIAL VEHICLES AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
11. GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY PROPULSION TYPE, 2021 VS 2028 (%)
12. GLOBAL BEV AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
13. GLOBAL HEV AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
14. GLOBAL PHEV AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
15. GLOBAL AUTOMOTIVE REGENERATIVE BRAKING MARKET SHARE BY GEOGRAPHY, 2021 VS 2028 (%)
16. US AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
17. CANADA AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
18. UK AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
19. FRANCE AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
20. GERMANY AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
21. ITALY AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
22. SPAIN AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
23. REST OF EUROPE AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
24. INDIA AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
25. CHINA AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
26. JAPAN AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
27. SOUTH KOREA AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
28. REST OF ASIA-PACIFIC AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
29. REST OF THE WORLD AUTOMOTIVE REGENERATIVE BRAKING MARKET SIZE, 2021-2028 ($ MILLION)
