Automotive Energy Recovery System Market Size - By Propulsion (BEV, HEV, PHEV, FCEV), Vehicle Type (Two Wheelers, Passenger Cars, Commercial ), Product, Growth Prospects, Regional Outlook & Forecast, 2023

Description

List of Tables

Global Automotive Energy Recovery System Market will witness over 10% CAGR between 2023 and 2032 due to escalating adoption of recovery systems by companies to meet regulatory standards. As businesses increasingly focus on environmental responsibility, the integration of energy recovery systems in vehicles has become paramount.

For instance, in November 2023, General Motors officially enrolled with the FIA to join the Formula 1 arena as a power unit manufacturer from the 2028 season. The FIA specifies the power unit as the comprehensive assembly comprising the internal combustion engine, turbocharger, related peripherals, energy recovery mechanisms, and all essential PU-Control electronics for seamless operation. GM will adhere to these guidelines, leveraging their expertise in diverse areas such as electrification, hybrid technology, sustainable fuels, advanced internal combustion engines, efficient controls, recovery systems, and software development as they engineer their F1 power unit.

Moreover, the pursuit of approvals for their widespread usage amplifies this automotive energy recovery system market growth trajectory. This burgeoning demand signifies a significant shift towards eco-conscious initiatives within the automotive industry, showcasing a concerted effort to embrace technologies that mitigate energy wastage and promote a greener future.

The overall Automotive Energy Recovery System Market is classified based on propulsion, product, and region.

Hybrid electric vehicle (HEV) segment will undergo significant development from 2023 to 2032. HEVs integrating both internal combustion engines and electric propulsion rely on energy recovery systems to capture and reuse otherwise wasted energy during braking and deceleration. This heightened adoption of HEVs in response to environmental concerns and stringent emissions regulations bolsters the automotive energy recovery system market share, affirming their pivotal role in shaping the automotive industry's sustainable future.

Start-stop systems segment will register a noteworthy CAGR from 2023 to 2032. These systems, designed to conserve fuel by shutting down the engine during idling and restarting when needed, rely on energy recovery mechanisms to optimize efficiency. The demand for enhanced energy recuperation solutions stems from the increasing implementation of start-stop technology in automobiles, reflecting the automotive energy recovery system market growth and the imperative to maximize energy conservation in modern vehicles.

Asia Pacific automotive energy recovery system industry will showcase a commendable CAGR from 2023 to 2032. Governments' push for stringent emission regulations and the pursuit of energy-efficient vehicles contribute to heightened demand. Moreover, the burgeoning electric vehicle sector in countries like China and Japan propels the need for advanced energy recovery systems.

This region stands as a cornerstone for market expansion, driven by a collective commitment to sustainability and the adoption of innovative automotive technologies. For instance, in November 2023, the introduction of Huawei's Luxeed S7 electric sedan marked the official launch under the Harmony Intelligent Mobility Alliance in China. Featuring an efficient powertrain and employing lightweight construction, ultra-low aerodynamic drag, and advanced energy recovery techniques, it achieves exceptional energy efficiency, consuming only 12.4 kW*h per 100 kilometers.

Product Code: 7004

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Automotive energy recovery system market 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Propulsion trends
2.5 Vehicle trends
2.6 Product trends

Chapter 3 Automotive Energy Recovery System Industry Insights

3.1 Impact of COVID-19
3.2 Impact of the Russia-Ukraine war
3.3 Industry ecosystem analysis
3.4 Vendor matrix
3.5 Profit margin analysis
3.6 Vehicle & innovation landscape
3.7 Patent analysis
3.8 Key news and initiatives
- 3.8.1 Partnership/Collaboration
- 3.8.2 Merger/Acquisition
- 3.8.3 Investment
- 3.8.4 Product launch & innovation
3.9 Regulatory landscape
3.10 Impact forces
- 3.10.1 Growth drivers
  - 3.10.1.1 Increasing stringent vehicular emission rules and regulations
  - 3.10.1.2 Growing adoption of hybrid and electric vehicles globally
  - 3.10.1.3 Rising technological advancements
  - 3.10.1.4 Increasing fuel prices
- 3.10.2 Industry pitfalls & challenges
  - 3.10.2.1 Concerns about cost, reliability, and performance
3.11 Growth potential analysis
3.12 Porter's analysis
3.13 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 Continental AG
- 4.3.2 Bosch
- 4.3.3 ZF Friedrichshafen
- 4.3.4 Asin Seiki Co. Ltd
- 4.3.5 Faurecia
- 4.3.6 Hitachi Automotive Systems
- 4.3.7 Mitsubishi
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Automotive Energy Recovery System Market Estimates & Forecast, By Propulsion (Revenue & Units & Units)

5.1 Key trends, by propulsion
5.2 Battery Electric Vehicle (BEV)
5.3 Hybrid Electric Vehicle (HEV)
5.4 Plug-in Hybrid Electric Vehicle (PHEV)
5.5 Fuel Cell Electric Vehicle (FCEV)

Chapter 6 Automotive Energy Recovery System Market Estimates & Forecast, By Vehicle (Revenue & Units & Units)

6.1 Key trends, by vehicle
6.2 Two wheelers
6.3 Passenger Cars
- 6.3.1 Sedan
- 6.3.2 SUV
- 6.3.3 Hatchback
- 6.3.4 Others
6.4 Commercial
- 6.4.1 Light
- 6.4.2 Medium
- 6.4.3 Heavy

Chapter 7 Automotive Energy Recovery System Market Estimates & Forecast, By Product (Revenue & Units)

7.1 Key trends, by product
7.2 Regenerative Braking system
7.3 Electric Turbo Compounding (ETC)
7.4 Start-Stop Systems
7.5 Drag Reduction System
7.6 Exhaust gas recirculation
7.7 Thermoelectric Generators

Chapter 8 Automotive Energy Recovery System Market Estimates & Forecast, By Region (Revenue & Units)

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 U.K.
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Russia
- 8.3.6 Spain
- 8.3.7 Netherlands
- 8.3.8 Poland
- 8.3.9 Netherlands
- 8.3.10 Turkey
- 8.3.11 Poland
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Southeast Asia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 UAE
- 8.6.2 South Africa
- 8.6.3 Saudi Arabia

Chapter 9 Company Profiles

9.1 Asin Seiki Co. Ltd
9.2 BorgWarner
9.3 Bosch
9.4 Continental AG
9.5 Faurecia
9.6 Gentherm
9.7 Hitachi Automotive Systems
9.8 Hyundai Mobis
9.9 Maxwell technologies
9.10 Mitsibushi
9.11 Schaeffler Group
9.12 Skeleton Technologies
9.13 Tenneco Inc.
9.14 Valeo
9.15 ZF Friedrichshafen