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Automotive Regenerative Braking System Market Riding High Growth on Top Players, Emerging Trends to Foray into Global Industry in 2019 | Robert Bosch, Skeleton Technologies, Hitachi Automotive Systems, Autoliv, Continental,

The report on “Automotive Regenerative Braking System Market” will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims.

Press Release

Currently, the importance of alternative automobile technologies has risen to curb on the increasing carbon footprint caused by automobile emission. Automobile manufacturers focus on finding alternative power solutions to substitute fuel-based power source, owing to rapidly depleting oil reserves globally. Automotive Regenerative Braking System (RBS) is an energy recovery mechanism that converts the heat produced from friction in brakes into electrical energy, which is stored as charge in high-voltage batteries and can be used instantaneously or later as per vehicle demand.

RBS can convert approximately half of the heat energy produced while braking, which is immediately transferred further to power consuming systems of the vehicles or stored in batteries for further use. The RBS market is anticipated to witness notable growth due to its advantages such as improved performance of the vehicle and reduction in wear & tear of the braking system as compared to the conventional braking system. Regenerative braking is an emerging braking technology in the automotive industry, and is applicable in both conventional vehicles and electric vehicles; the latter being a major consumer of the RBS. Automobile giants such as Toyota, BMW, Ford, and Tesla have introduced RBS in their vehicles.

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Companies Covered in this Report are:

Continental AG
Robert Bosch GmbH
HYUNDAI MOBIS
ZF TRW
ADVICS CO., LTD.
MAXWELL TECHNOLOGIES INC.
Skeleton Technologies
Nissin Kogyo Co., Ltd.
Hitachi Automotive Systems, Ltd.
Autoliv Inc.

The RBS market is driven by the increase in demand for fuel-efficient vehicles, rise in concern about pollution caused by automobiles, growth in sales of electric cars, and reduction in brake wear & tear. However, increase in overall cost & weight of vehicles and high maintenance cost associated with brake system overhauling hinder the market growth. Moreover, rise in demand for electric vehicles such as electric buses for public transport system and technological advancement in two-wheeler RBS are expected to produce numerous growth opportunities in the future.

The market is segmented on the basis of vehicle type and geography. By system segment is further bifurcated into electric, hydraulics and others (flywheel and spring). Moreover, vehicle type segment is divided into two wheelers, passenger cars, and commercial vehicles. Geographically, the market is analyzed across North America (U.S., Canada, and Mexico), Europe (Norway, Germany, France, and rest of Europe), Asia-Pacific (China, Japan, India, Korea, and rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

KEY BENEFITS
The report includes an extensive analysis of the factors that drive as well as restrain the world automotive regenerative braking system market.
The market projections from 2014 to 2022 are included, along with the affecting factors.
The report also provides quantitative as well as qualitative trends to assist the stakeholders to understand the situations prevailing in the market.
Extensive analysis by vehicle type helps in understanding the various types of vehicles utilizing regenerative braking system to meet the power demand and control emissions.
Competitive intelligence highlights the business practices followed by leading market players across various geographies.

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AUTOMOTIVE REGENERATIVE BRAKING SYSTEM SEGMENTATION

BY SYSTEM
Electric
Hydraulics
Others (flywheel and spring)

BY VEHICLE TYPE
Two Wheelers
Passenger Cars
Commercial Vehicles

BY GEOGRAPHY
North America
U.S.
Canada
Mexico
Europe
Germany
France
Norway
Netherland
U.K
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific

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This post was originally published on Space Market Research

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