DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Automotive Energy Recovery Systems Market (2016-2022)" report to their offering.
Alternative automobile technologies have grown in importance due to pollution caused by automobile emission, and the need for alternative solution to substitute depleting oil reserves, a major energy source for vehicles. Automotive energy recovery system utilizes the otherwise wasted energy and provides power to the engine or batteries and to enhance engine efficiency by recycling exhaust gasses. The dissipated energy improves the overall performance of the vehicle and minimizes greenhouse gas emission. Regenerative braking system is widely used in most of the vehicles, and turbocharger and exhaust gas recirculation have greater penetration in diesel & gasoline-powered vehicles.
Stringent vehicular emission rules & regulations, growing need for compact engines, and stringent fuel economy standards are some of the major factors that would fuel the growth of the automotive energy recovery system market, globally. Rise in the number of electrical vehicles & EVSE infrastructure and improved vehicle performance would add to the market growth significantly.
The rising cost, increasing weight of the vehicles, and maintenance cost are some of the major factors that would hinder the market growth. Despite challenges, growing environmental concerns and technological advancements such as introducing waste energy recovery system in two-wheelers, would offer enormous opportunities for the market participants.
- Mitsubishi Heavy Industries. Ltd.
- Robert Bosch GmbH
- Autoliv Inc.
- Continental AG
- Honeywell International, Inc.
- Cummins Inc.
- Tenneco Inc.
Key Topics Covered:
1. Market Scope & Methodology
2. Executive Summary
3. Market Overview
4. Global Automotive Energy Recovery Systems Market, By Product Type
5. Global Automotive Energy Recovery Systems Market by Vehicle Type
6. Global Automotive Energy Recovery Systems Market by Region
7. Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/rw9c7k/global_automotive