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Regenerative Braking Systems Market Forecast Covering Growth Inclinations and Development Strategies Until 2025

The global Regenerative Braking Systems market is valued at 770 million US$ in 2018 is expected to reach 1520 million US$ by the end of 2025, growing at a CAGR of 8.9% during 2019-2025.

 

Los Angeles, CA -- (SBWIRE) -- 06/26/2019 -- 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.

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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.

This report focuses on Regenerative Braking Systems volume and value at global level, regional level and company level. From a global perspective, this report represents overall Regenerative Braking Systems market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

This report includes the following manufacturers; we can also add the other companies as you want.

ADVICS
Bosch
Continental
Hitachi
TRW
APG
Youfin

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