The Business Research Company’s Automotive Regenerative Braking Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Regenerative Braking Global Market Report 2023 evaluates automotive regenerative braking market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global automotive regenerative braking market size grew from $4.8 billion in 2022 to $5.76 billion in 2023 at a compound annual growth rate (CAGR) of 20.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The automotive regenerative braking market size is expected to grow to $11.11 billion in 2027 at a CAGR of 17.8%.
The automotive regenerative braking market segments in the report are:
1) By Type: Electric Regenerative Braking System, Hydraulic Regenerative Braking System, Kinetic Regenerative Braking System
2) By Propulsion: Battery Electric Vehicle (BEV), Plug-In Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV)
3) By Application: Two Wheelers, Passenger Cars, Commercial Vehicles, Other Applications
Top Key Players
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The table of contents in TBRC’s automotive regenerative braking market report includes:
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