The driving forces of global automotive energy recovery systems market are stringent vehicular emission regulations, need for environment-friendly systems, rise in number of electric vehicles & Electric Vehicle Supply Equipment (EVSE) infrastructure and trend of engine downsizing.
However, high repair & maintenance cost along with increase in overall cost & weight of vehicles are some of the factors impeding the global automotive energy recovery systems market.
Global automotive energy recovery systems market report includes two major segments that are product type and vehicle type. Further, product type segment covers sub segments including regenerative braking system, turbocharger and Exhaust Gas Recirculation (EGR). Turbocharger segment is expected to witness the fastest growth rate till 2024 under global automotive energy recovery systems market.
Similarly, on the basis of vehicle type, sub segments are two-wheeler, passenger cars and commercial vehicles. The passenger car segment registered dominance in 2017 in terms of revenue under global automotive energy recovery systems market.
Global automotive energy recovery systems market is facing challenges such as lack of awareness among consumers and manufacturing of low-cost systems for vehicle manufacturers. However, there are various opportunities for global automotive energy recovery systems market over the forecast period (2017-2024). These include increasing government initiatives regarding the environment, benefit to related markets and others.
Global automotive energy recovery systems market report has been geographically segmented into North America, Asia Pacific, Europe and Rest of World (RoW). Europe dominated the automotive energy recovery systems market in 2017 in terms of revenue. However, Asia Pacific energy recovery systems market is expected to witness the fastest growth rate over forecast period (2017-2024).
High automotive production in countries such as China, India, Japan, South Korea and others creates huge opportunities for the deployment of energy recovery systems within vehicles. In addition, need of improved efficiency in vehicles, Increasing NOx levels and stringent government emission norms are contributing towards the high adoption of automotive energy recovery systems.
The key players present in global automotive energy recovery systems market are Robert Bosch GmbH (Germany), Continental AG (Germany), Hyundai Mobis (South Korea), Autoliv Inc. (Sweden), Borgwarner (U.S.) and others. Product launch is the key strategy adopted by companies in global automotive energy recovery systems market.
Market Dynamics
Drivers
- Rise in Number of Electrical Vehicles & EVSE Infrastructure
- Trend of Engine Downsizing
- Stringent Vehicular Emission Rules and Regulations
- Need for Environment-Friendly Systems
Restraints
- High Repair and Maintenance Cost
- Increase in Overall Cost and Weight of Vehicles
Opportunities
- Increasing Government Initiatives Regarding the Environment
- Benefit Related to Markets
Challenges
- Lack of Awareness Among Consumers
- Manufacturing of Low Cost Systems
Key Topics Covered
1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology
2. Market Overview
2.1. Global Automotive Energy Recovery Systems Market: Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.6. Estimation Analysis
2.7. Strategic Analysis
2.8. Competitive Analysis
2.9. Strategic Recommendations & Key Conclusions
3. Market Determinants
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Market Challenges
4. Global Automotive Energy Recovery Systems Market By Product Type
4.1. Market Definition And Scope
4.2. Decision Support Database & Estimation Methodology
4.3. Comparative Analysis Across Market Segments
4.4. Opportunity Matrix
4.5. Market Segmentation
5. Global Automotive Energy Recovery Systems Market By Vehicle Type
5.1. Market Definition And Scope
5.2. Decision Support Database & Estimation Methodology
5.3. Comparative Analysis Across Market Segments
5.4. Opportunity Matrix
5.5. Market Segmentation
6. Competitive Landscape
6.1. Key Strategies
7. Geographic Analysis
7.1. Decision Support Database & Estimation Methodology
7.2. Comparative Analysis Across Market Segments
7.3. Opportunity Matrix
7.4. Global Automotive Energy Recovery Systems Market By Region 2015-2024 ($ Million)
8. Company Profiles
8.1. Autoliv Inc. (Sweden)
8.2. Borgwarner (U.S.)
8.3. Continental Ag (Germany)
8.4. Cummins Inc. (U.S.)
8.5. Delphi Automotive Plc (UK)
8.6. Denso Corporation (Japan)
8.7. Faurecia (France)
8.8. Gentherm Incorporated (U.S.)
8.9. Honeywell International Inc. (U.S.)
8.10. Hyundai Mobis (South Korea)
8.11. Mitsubishi Heavy Industries, Ltd. (Japan)
8.12. Panasonic (Japan)
8.13. Ricardo Plc (UK)
8.14. Robert Bosch Gmbh (Germany)
8.15. Tenneco Inc. (U.S.)
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