Automatic energy recovery system utilizes dissipated energy to perform various functions in a vehicle, such as providing power to engine, batteries, or dual electric motors that drive front wheels. The dissipated energy can be utilized immediately or stored in reservoir for later use; for instance, kinetic energy recovery system uses energy dissipated due to braking for charging battery. The utilization of dissipated energy is significant to improve the overall performance of a vehicle and reduce the emission of greenhouse gases.
The key factors that drive the growth of the world automatic energy recovery system market are need of eco-friendly systems, improvement in fuel efficiency and vehicle performance. However, lack of awareness and high cost of system hinder the growth of this market. Increasing concerns about environment and benefits to other market due to implementation of system present opportunities for automotive energy recovery system market.
The world automotive energy recovery system market is segmented based on regenerative braking, passenger car type, waste heat recovery system, and kinetic energy recovery system. The recovery braking system market is classified further based on regions into regions, such as Asia-Oceania, Europe and Rest of the World (RoW). The passenger car type market is further segmented into electric vehicles, hybrid vehicles, and plug-in hybrid electric vehicles. The waste heat recovery system is further classified into EGR and turbochargers. The kinetic energy recovery system is further divided into regions such as, North America, Asia-Pacific, Europe, and Rest of the World (RoW).
The key market players profiled in the report are Continental AG, Delphi Automotive PLC, Denso Corporation, Faurecia SA, Gentherm Inc., Ricardo PLC, Panasonic, Tenneco Inc., Robert Bosch GMBH, Torotrak PLC, and TRW. The market faces an intense competition due to presence of small scale and large scale companies. However, companies implement strategies such as partnership, joint ventures, agreements and others to gain stronghold of the market.
World Automatic Energy Recovery System Market By Regenerative Braking
World Automatic Energy Recovery System Market By Passenger Car Type
World Automatic Energy Recovery System Market By Waste Heat Recovery System
World Automatic Energy Recovery System Market By Kinetic Energy Recovery System
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