According to a research report by Stratview Research, Automotive regenerative braking market is likely to witness an impressive CAGR of 13.5% during the forecast period. The prime factors contributing to the demand for automotive regenerative braking is mainly the increasing demand for fuel efficient vehicles, increasing efforts to reduce carbon emissions, and rising cost of fuels, which led the automakers to develop energy efficient systems. Wide adoption of hybrids and electric vehicles, along with the sales of electric vehicles has boosted the growth of the market.

Research Methodology

This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data. We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.

Segments' Analysis

Stratview Research has segmented the Automotive Regenerative Braking Market by Product Type (Electric Regenerative Braking System (ERBS), Hydraulic Regenerative Braking System (HRBS), and Kinetic Regenerative Braking System (KRBS)), by Propulsion Type (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicles (PHEV), and Hybrid Electric Vehicle (HEV)), by Vehicle Type (Two Wheelers, Passenger Cars, and Commercial Vehicles), and by Region (North America, Europe, Asia-Pacific, and Rest of the World)

Based on the propulsion type, the market is segmented as battery electric vehicle (BEV), plug-in hybrid electric vehicles (PHEV), and hybrid electric vehicle (HEV). The BEV segment held the largest share of the market in 2019, and is expected to register the fastest growth during the forecast period. The segment is mainly driven by the high adoption rate of electric vehicles, along with advancement in battery technology and integration of supercapacitors to ensure rapid energy transfer in acceleration and deceleration processes that led to the increasing implementation of systems to enhance vehicle efficiency.

Based on the vehicle type, the automotive regenerative braking market is segmented as two wheelers, passenger cars, and commercial vehicles. The commercial vehicle segment dominates the market, owing to the rapidly increasing demand for long-haul commercial vehicles. For extended driving range, the installation of regenerative brakes in commercial vehicles is increasing due to limited availability of charging stations.

In terms of regions, Asia-Pacific is estimated to be the largest market during the forecast period, with China, Japan, and India being the major countries with lucrative growth opportunities. The growth of the region’s market is mainly driven by the presence of multiple electric vehicle manufacturers such as SAIC, Honda, Toyota, Mitsubishi, and BAIC. Strict laws and regulations in the region focused to reduce environmental pollution is likely to further boost the demand for automotive regenerative braking market during the forecast period.

The following are the key players in the Automotive Regenerative Braking Market -

·         ZF Friedrichshafen AG

·         Continental AG

·         Delphi Automotive

·         Denso

·         Punch Powertrain

·         Bosch Mobility Solutions

·         Eaton Corporation Plc

·         Aisin Seiki

·         Hyundai Mobis

·         Magna International.

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