DUBLIN--(BUSINESS WIRE)--The "Global Automotive Regenerative Braking System Market 2017-2021" report has been added to ResearchAndMarkets.com's offering.
Global automotive regenerative braking system market to grow at a CAGR of 36.47% during the period 2017-2021.
The latest trend gaining momentum in the market is development of EDIB to optimize regenerative and conventional braking. The advent of technological innovations is paving the way for advanced braking systems that enhance the braking performance and optimize the energy efficiency of vehicles. Conventional braking system (friction brakes) and RBS; both have their set of advantages in terms of contributing to the overall performance of vehicles.
According to the report, one of the major drivers for this market is increasing sales of electric vehicles. Electric vehicles are the most promising alternatives to internal combustion engine (ICE) vehicles. These vehicles have already marked their presence in the global automotive industry both in terms of popularity and volume sales. The increasing volume sales of such vehicles is inherently driving numerous markets, including the automotive RBS market. RBS is mostly used in hybrid and electric vehicles, and their growing sales is driving the market growth.
Further, the report states that one of the major factors hindering the growth of this market is operational issues and relatively higher cost of RBS. RBS for automotive applications has numerous advantages in terms of better braking efficiency in stop-and-go traffic, which increases fuel efficiency and also aids in reducing carbon emissions. In addition, they also help in energy optimization of the engine leading to minimum energy wastage. However, there are some limitations that may hinder the market growth during the forecast period.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
- Hyundai Mobis
Other Prominent Vendors
- Autoliv-Nissin Brake System
- Advics North America
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market Landscape
Part 06: Market Segmentation by Vehicle Type
Part 07: Regional Landscape
Part 08: Decision Framework
Part 09: Drivers and Challenges
Part 10: Market Trends
Part 11: Vendor Landscape
Part 12: Key Vendor Analysis
For more information about this report visit https://www.researchandmarkets.com/research/pnbgnb/global_automotive?w=4