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.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Automotive Regenerative Braking Market Report Segment
By System
- Electric
- Hydraulics
- Kinetic
By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
By Propulsion Type
- Battery Electric Vehicles (BEV)
- Hybrid Electric Vehicles (HEV)
- Plug-In Hybrid Electric Vehicles (PHEV)
Global Automotive Regenerative Braking Market Report Segment by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- 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.
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