Regenerative Braking Systems Market Size & Trends By Regional(Asia Pacific, Europe, America, Middle East And Africa), Industry Statistics, Growth Potential, Price Trend, Competitive Share, Market Statistics and Forecast 2023 - 2027 (Updated Version Available)
Regenerative Braking Systems Market Size & Trends By Regional(Asia Pacific, Europe, America, Middle East And Africa), Industry Statistics, Growth Potential, Price Trend, Competitive Share, Market Statistics and Forecast 2023 - 2027 (Updated Version Available)
ID : MRI72970 | Date : Apr, 2021 | Pages :
168 | Region : Global |
Publisher : RI
Regenerative Braking System (RBS) is a mechanism that uses a generator to recover kinetic energy while braking. In conventional vehicles, most of the kinetic energy generated during braking is converted into heat and is dissipated into the environment. RBS helps in converting the generated heat into electrical energy and further store it in an energy storage system such as flywheel, batteries, and ultra-capacitors.
In the last several years, global market of regenerative braking systems developed rapidly, with an average growth rate of 9%. In 2016, global revenue of regenerative braking systems is nearly 699 M USD; the actual consumption is about 2451 K units.
The global average price of regenerative braking systems is in the decreasing trend, from 317 USD/Unit in 2012 to 258 USD/Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of regenerative braking systems includes ESC based system, ABS based system and other type, and the proportion of ESC based system in 2016 is about 89%.
Regenerative braking systems are widely used in HEV, BEV, PHEV and other vehicles. The most proportion of regenerative braking systems is HEV, and the consumption proportion in 2016 is about 69%.
Japan is the largest consumption place, with a consumption market share nearly 39% in 2016. Following Japan, China is the second largest consumption place with the consumption market share of 22%.
Market competition is intense. ADVICS, Bosch, Continental, Hitachi, TRW, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The Regenerative Braking Systems Market report analyses the impact of COVID-19 on this industry. COVID-19 can affect the global market in 3 ways: by directly affecting production and demand, by creating supply chain and market disruption, and by its financial impact on enterprises and financial markets.
The report offers detailed coverage of Regenerative Braking Systems industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Regenerative Braking Systems by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Regenerative Braking Systems market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.
First, this report covers the present status and the future prospects of the global Regenerative Braking Systems market for 2015-2027.
Key Companies
ADVICS
Bosch
Continental
Hitachi
TRW
APG
Youfin
Regenerative Braking Systems Market by Type
ESC Based System
ABS Based System
At the same time, we classify Regenerative Braking Systems according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
The report conveys the entirety of current realities about market definition, orders, applications, and commitment for the Regenerative Braking Systems market that are basic to be victorious inside the market. The principle motivation behind this report is to give a development map with respect to the activities taken by central participants of the Regenerative Braking Systems market like item dispatches, joint endeavors, propensities, consolidations, and acquisitions which is influencing the Regenerative Braking Systems market undertaking in general and furthermore influencing the business, import, fare, income and CAGR values.
Regional Analysis
North America, Latin America, Asia-Pacific countries, Europe, India, China, and over twenty countries have been analyzed based on the different marketing elements such as manufacturing capacity, consumer base, productivity, and profit margin, and ease of business. It is observed that North America, in particular, will show impressive development during the estimated time frame in marketing development. Administration organizations and outsider managers are channelizing their efforts to make client-driven items that will add to the development of an efficient marketing scenario in these regions. As the significant parts of the market business would be all around the globe, Middle East, Africa, North America along with other Asia-Pacific nations shows a great prospect of developing a good market favorable environment.
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Regenerative Braking Systems market for the forecast period 2021 - 2027?
• What are the driving forces in the Regenerative Braking Systems market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Regenerative Braking Systems industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
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