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.
Regenerative Braking Systems Market contains market size and forecasts of Regenerative Braking Systems in global, including the following market information:
- Global Regenerative Braking Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global Regenerative Braking Systems Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Regenerative Braking Systems companies in 2021 (%)
The global Regenerative Braking Systems market was valued at 82 million in 2021 and is projected to reach US$ 193.1 million by 2028, at a CAGR of 13.1% during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Battery Energy Storage Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Regenerative Braking Systems include ABB, Siemens, Toshiba, Hitachi, Kawasaki, Hyundai Rotem, Alstom, Bombardier and Wabtec, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Regenerative Braking Systems manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Regenerative Braking Systems Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Regenerative Braking Systems Market Segment Percentages, by Type, 2021 (%)
- Battery Energy Storage
- Ultracapacitor Energy Storage
Global Regenerative Braking Systems Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Regenerative Braking Systems Market Segment Percentages, by Application, 2021 (%)
- Railroad and Public Transformation
- Industry Equipment
Global Regenerative Braking Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Regenerative Braking Systems Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Regenerative Braking Systems revenues in global market, 2017-2022 (Estimated), ($ millions)
- Key companies Regenerative Braking Systems revenues share in global market, 2021 (%)
- Key companies Regenerative Braking Systems sales in global market, 2017-2022 (Estimated), (Units)
- Key companies Regenerative Braking Systems sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- ABB
- Siemens
- Toshiba
- Hitachi
- Kawasaki
- Hyundai Rotem
- Alstom
- Bombardier
- Wabtec
- CRRC
- Beijing Huali Chuangtong Technology
- Beijing Dinghan
- Chenda Electric