Automotive Regenerative Braking Market to Generate Exciting Opportunities in the Industry by 2027

By Ronak Bora

The automotive regenerative braking market is expected to garner noteworthy gains on account of growing inclination towards efficient and sustainable electric vehicles. Regenerative braking system is integrated in electric vehicles as it offer additional power by recovering energy generated from brake friction and later transferring it to the motor. 
Rapid developments in the utility sector across both developing and developed countries could strengthen the adoption of electric vehicles, favoring automotive regenerative braking industry landscape. While robust technological advancements that complement component efficiency could boost product adoption across diverse EV segments.
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In terms of type, the automotive regenerative braking market is bifurcated into hydraulic regenerative braking system, electric regenerative braking system, and kinetic regenerative braking system. Electric regenerative braking system is one of the most commonly used types as it manages to generate power through motor while brakes are sudden hit.
Meanwhile, the kinetic regenerative braking system or flywheel systems use kinetic energy to run flywheel, which in turn, accelerates the automobile. Hydraulic regenerative braking uses pressurized tanks to store the automotive kinetic energy. It has a high energy recovery rate, making it ideal for heavy vehicles like mining trucks and refuge.
Based on propulsion, the industry is segmented into PHEV, BEV and HEV. In 2020, BEV held more than 50% of the overall automotive regenerative braking market share owing to surging federal initiatives to promote the use of renewable energy in order to curb increasing carbon emission. In 2018, the U.S. decided to accelerate state electrification goals for backing nearly 5 million Zero Emission automobiles under B-48-18 order by 2030.
The two-wheelers segment, on the other hand, is expected to contribute nearly 13% CAGR to the global automotive regenerative braking market over the predicted timeframe. Electric bikes are generally lightweight compared to traditional IC two-wheelers and have superior maneuverability skills in congested regions. Motor brake companies are constantly working on expanding their product lineup to attract more customers. Electric two-wheelers also require comparatively less investment for charging facilities than commercial and passenger vehicles.
Latin America is considered to be a lucrative market for the automotive regenerative braking companies as the region witnesses a steady rise in electric vehicle sales. Authorities in the region are laying stern environmental policies to curb GHG emissions. Such regulations could play a vital role in stimulating the demand for new electric vehicles, thereby bolstering the deployment of automotive regenerative braking systems.
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Partial Chapter of the Table of Content
Chapter 4   Automotive Regenerative Braking Market, By Type
4.1    Automotive regenerative braking market share by type, 2020 & 2027
4.2    Electric Automotive Regenerative Braking
4.2.1    Market estimates and forecast from electric regenerative braking, 2017 - 2027, (Units) (USD Million)
4.2.2    Market estimates and forecast from electric regenerative braking, by region, 2017 - 2027 (Units) (USD Million)
4.3    Hydraulic regenerative braking
4.3.1    Market estimates and forecast from hydraulic regenerative braking, 2017 - 2027, (Units) (USD Million)
4.3.2    Market estimates and forecast from hydraulic regenerative braking, by region, 2017 - 2027 (Units) (USD Million)
4.3    Kinetic regenerative braking
4.3.1    Market estimates and forecast from kinetic regenerative braking, 2017 - 2027, (Units) (USD Million)
4.3.2    Market estimates and forecast from kinetic regenerative braking, by region, 2017 - 2027 (Units) (USD Million)
Chapter 5   Automotive Regenerative Braking Market, By Propulsion
5.1    Automotive regenerative braking market share by propulsion, 2020 & 2027
5.2    BEV
5.2.1    Market estimates and forecast from BEV, 2017 - 2027, (Units) (USD Million)
5.2.2    Market estimates and forecast from BEV, by region, 2017 - 2027 (Units) (USD Million)
5.3    PHEV
5.3.1    Market estimates and forecast from PHEV, 2017 - 2027, (Units) (USD Million)
5.3.2    Market estimates and forecast from PHEV, by region, 2017 - 2027 (Units) (USD Million)
5.4    HEV
5.4.1    Market estimates and forecast from HEV, 2017 - 2027, (Units) (USD Million)
5.4.2    Market estimates and forecast from HEV, by region, 2017 - 2027 (Units) (USD Million)
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About Author

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport....

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