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.
According to this study, over the next five years the Regenerative Braking Systems market will register a 9.0% CAGR in terms of revenue, the global market size will reach US$ 1290 million by 2024, from US$ 770 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Regenerative Braking Systems business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Regenerative Braking Systems market by product type, application, key manufacturers and key regions and countries.
This study considers the Regenerative Braking Systems value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
ESC Based System
ABS Based System
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Hybrid Electric Vehicles
Plug-In Hybrid Electric Vehicles
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Regenerative Braking Systems consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Regenerative Braking Systems market by identifying its various subsegments.
Focuses on the key global Regenerative Braking Systems manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Regenerative Braking Systems with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Regenerative Braking Systems submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.