Automotive Energy Recovery System Market

The global Automotive Energy Recovery System market was valued at 110.3 Million USD in 2021 and will grow with a CAGR of 5.47% from 2021 to 2027, based on newly published report.

The prime objective of Automotive Energy Recovery System 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, Automotive Energy Recovery System 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).

Automotive energy recovery system utilizes dissipated energy to perform various functions in a vehicle such as to provide power to engine or batteries and to enhance engine efficiency by recycling exhausted gasses. The utilization of dissipated energy improves the overall performance of a vehicle and reduces the emission of greenhouse gasses. Most of the electric vehicles are equipped with the regenerative braking system, whereas turbocharger and exhaust gas recirculation have greater penetration in diesel- & gasoline-powered vehicles.The global automotive energy recovery system market is driven by stringent vehicular emission rules & regulations, increase in trend of engine downsizing, and stringent fuel economy standards. In addition, rise in a number of electrical vehicles & EVSE infrastructure and improved vehicle performance fuel the market growth. However, increase in overall cost & weight of vehicles and high repair & maintenance cost restrain the growth of the market. Irrespective of these challenges, increase in concerns about environment and advancement in technology, such as introducing waste energy recovery system in two-wheelers, are expected to provide various opportunities for new products and boost the market growth.

By Market Verdors:

Robert Bosch GMBH

Continental AG

Autoliv Inc.

Hyundai Mobis

Honeywell International Inc.

Mitsubishi Heavy Industries, Ltd.

Cummins Inc.

Tenneco Inc.

Faurecia

BorgWarner Inc.

IHI Corporation

Rheinmetall Automotive AG

Hitachi Automotive Systems, Ltd.

Maxwell Technologies

Skleton Technologies

By Types:

Regenerative Braking System

Turbocharger

Exhaust Gas Recirculation (EGR)

By Applications:

Two-Wheelers

Passenger Cars

Commercial 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 market?s 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.

Key Reasons to Purchase

To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.

Assess the production processes, major issues, and solutions to mitigate the development risk.

To understand the most affecting driving and restraining forces in the market and its impact in the global market.

Learn about the market strategies that are being adopted by leading respective organizations.

To understand the future outlook and prospects for the market.

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