Regenerative Braking Systems Market

The global Regenerative Braking Systems market was valued at 78.31 Million USD in 2021 and will grow with a CAGR of 9.21% from 2021 to 2027, based on newly published report.
The prime objective of Regenerative Braking Systems Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Regenerative Braking Systems Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
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.
By Market Verdors:

• ADVICS
• Bosch
• Continental
• Hitachi
• TRW
• APG
• Youfin

By Types:

• ESC Based System
• ABS Based System

By Applications:

• Hybrid Electric Vehicles
• Electric Vehicles
• Plug-In Hybrid Electric Vehicles

Key Indicators Analysed

• Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
• Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
• Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
• Opportunities and Drivers: Identifying the Growing Demands and New Technology
• Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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• To understand the most affecting driving and restraining forces in the market and its impact in the global market.
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• To understand the future outlook and prospects for the market.
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