PUBLISHER: KBV Research | PRODUCT CODE: 1655230
PUBLISHER: KBV Research | PRODUCT CODE: 1655230
North America Automotive Regenerative Braking System Market Size, Share & Trends Analysis Report By Propulsion Type, By Vehicle Type, By Component (Battery, Flywheel, Motor, and Electronic Control Unit (ECU)), By Country and Growth Forecast, 2024 - 2031
The North America Automotive Regenerative Braking System Market would witness market growth of 10.9% CAGR during the forecast period (2024-2031).
The US market dominated the North America Automotive Regenerative Braking System Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,404.7 million by 2031. The Canada market is experiencing a CAGR of 13.3% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 12.3% during (2024 - 2031).
An automotive RBS is an advanced technology designed to capture and reuse the kinetic energy generated when a vehicle slows down or stops. Unlike conventional friction-based braking systems that dissipate this energy as heat, regenerative braking converts kinetic energy into electrical energy and stores it in the vehicle's battery for later use.
Through the application of regenerative braking technology, kinetic energy is gathered and converted into electrical energy when a vehicle slows down or stops driving. This energy is typically lost as heat in conventional braking systems, leading to inefficiencies and increased wear and tear on brake components. However, with regenerative braking, the energy that would have been wasted is recaptured and stored in the vehicle's battery, improving efficiency and reducing reliance on external charging or fuel consumption.
North America is home to several leading electric vehicle (EV) manufacturers, and the region's charging infrastructure is expanding rapidly, further driving the demand for advanced regenerative braking systems (RBS). Government policies and infrastructure investments in the United States strongly support the growing adoption of electric and hybrid vehicles, contributing to increased demand for regenerative braking technology. Moreover, in 2023, light vehicle sales reached nearly 15.5 million units, as the National Automobile Dealers Association (NADA) reported, reflecting a rise in EV adoption. This growth underscores the increasing demand for efficient energy recovery solutions, particularly as more consumers transition to EVs equipped with regenerative braking systems to enhance battery life, energy efficiency, and driving range. As Mexico continues to scale up EV production and exports, the demand for advanced braking systems that enhance energy efficiency and vehicle range is expected to rise significantly. Thus, the region's dedication to mitigating carbon emissions and promoting sustainable transportation solutions significantly propels the expansion of the automotive regenerative braking system market.
Based on Propulsion Type, the market is segmented into Battery Electric Vehicles (BEV), Plug-In Hybrid Electric Vehicles (PHEV), and Fuel Cell Electric Vehicles (FCEV). Based on Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicle (LCV), and Heavy Commercial Vehicle (HCV). Based on Component, the market is segmented into Battery, Flywheel, Motor, and Electronic Control Unit (ECU). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
- Robert Bosch GmbH
- Denso Corporation
- Continental AG
- ZF Friedrichshafen AG
- Valeo SA
- Eaton Corporation plc
- Hyundai Motor Company
- Mitsubishi Electric Corporation
- Maxwell Technologies
- Schaeffler AG
North America Automotive Regenerative Braking System Market Report Segmentation
By Propulsion Type
- Battery Electric Vehicles (BEV)
- Plug-In Hybrid Electric Vehicles (PHEV)
- Fuel Cell Electric Vehicles (FCEV)
By Vehicle Type
- Passenger Car
- Light Commercial Vehicle (LCV)
- Heavy Commercial Vehicle (HCV)
By Component
- Battery
- Flywheel
- Motor
- Electronic Control Unit (ECU)
By Country
- US
- Canada
- Mexico
- Rest of North America
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 North America Automotive Regenerative Braking System Market, by Propulsion Type
- 1.4.2 North America Automotive Regenerative Braking System Market, by Vehicle Type
- 1.4.3 North America Automotive Regenerative Braking System Market, by Component
- 1.4.4 North America Automotive Regenerative Braking System Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
- 4.1 Market Share Analysis, 2023
- 4.2 Porter Five Forces Analysis
Chapter 5. North America Automotive Regenerative Braking System Market by Propulsion Type
- 5.1 North America Battery Electric Vehicles (BEV) Market by Country
- 5.2 North America Plug-In Hybrid Electric Vehicles (PHEV) Market by Country
- 5.3 North America Fuel Cell Electric Vehicles (FCEV) Market by Country
Chapter 6. North America Automotive Regenerative Braking System Market by Vehicle Type
- 6.1 North America Passenger Car Market by Country
- 6.2 North America Light Commercial Vehicle (LCV) Market by Country
- 6.3 North America Heavy Commercial Vehicle (HCV) Market by Country
Chapter 7. North America Automotive Regenerative Braking System Market by Component
- 7.1 North America Battery Market by Country
- 7.2 North America Flywheel Market by Country
- 7.3 North America Motor Market by Country
- 7.4 North America Electronic Control Unit (ECU) Market by Country
Chapter 8. North America Automotive Regenerative Braking System Market by Country
- 8.1 US Automotive Regenerative Braking System Market
- 8.1.1 US Automotive Regenerative Braking System Market by Propulsion Type
- 8.1.2 US Automotive Regenerative Braking System Market by Vehicle Type
- 8.1.3 US Automotive Regenerative Braking System Market by Component
- 8.2 Canada Automotive Regenerative Braking System Market
- 8.2.1 Canada Automotive Regenerative Braking System Market by Propulsion Type
- 8.2.2 Canada Automotive Regenerative Braking System Market by Vehicle Type
- 8.2.3 Canada Automotive Regenerative Braking System Market by Component
- 8.3 Mexico Automotive Regenerative Braking System Market
- 8.3.1 Mexico Automotive Regenerative Braking System Market by Propulsion Type
- 8.3.2 Mexico Automotive Regenerative Braking System Market by Vehicle Type
- 8.3.3 Mexico Automotive Regenerative Braking System Market by Component
- 8.4 Rest of North America Automotive Regenerative Braking System Market
- 8.4.1 Rest of North America Automotive Regenerative Braking System Market by Propulsion Type
- 8.4.2 Rest of North America Automotive Regenerative Braking System Market by Vehicle Type
- 8.4.3 Rest of North America Automotive Regenerative Braking System Market by Component
Chapter 9. Company Profiles
- 9.1 Robert Bosch GmbH
- 9.1.1 Company Overview
- 9.1.2 Financial Analysis
- 9.1.3 Segmental and Regional Analysis
- 9.1.4 Research & Development Expense
- 9.1.5 SWOT Analysis
- 9.2 Denso Corporation
- 9.2.1 Company Overview
- 9.2.2 Financial Analysis
- 9.2.3 Regional Analysis
- 9.2.4 Research & Development Expense
- 9.2.5 SWOT Analysis
- 9.3 Continental AG
- 9.3.1 Company Overview
- 9.3.2 Financial Analysis
- 9.3.3 Segmental and Regional Analysis
- 9.3.4 Research & Development Expense
- 9.3.5 SWOT Analysis
- 9.4 ZF Friedrichshafen AG
- 9.4.1 Company Overview
- 9.4.2 Financial Analysis
- 9.4.3 Regional Analysis
- 9.4.4 Research & Development Expenses
- 9.4.5 Recent strategies and developments:
- 9.4.5.1 Partnerships, Collaborations, and Agreements:
- 9.4.6 SWOT Analysis
- 9.5 Valeo SA
- 9.5.1 Company Overview
- 9.5.2 Financial Analysis
- 9.5.3 Segmental and Regional Analysis
- 9.5.4 Research & Development Expense
- 9.5.5 SWOT Analysis
- 9.6 Eaton Corporation PLC
- 9.6.1 Company Overview
- 9.6.2 Financial Analysis
- 9.6.3 Segmental and Regional Analysis
- 9.6.4 Research & Development Expense
- 9.6.5 SWOT Analysis
- 9.7 Hyundai Motor Company
- 9.7.1 Company Overview
- 9.7.2 Financial Analysis
- 9.7.3 Segmental and Regional Analysis
- 9.7.4 Research & Development Expense
- 9.7.5 SWOT Analysis
- 9.8 Mitsubishi Electric Corporation
- 9.8.1 Company Overview
- 9.8.2 Financial Analysis
- 9.8.3 Segmental and Regional Analysis
- 9.8.4 Research & Development Expense
- 9.8.5 SWOT Analysis
- 9.9 Maxwell Technologies
- 9.9.1 Company Overview
- 9.9.2 SWOT Analysis
- 9.10. Schaeffler AG
- 9.10.1 Company Overview
- 9.10.2 Financial Analysis
- 9.10.3 Segmental and Regional Analysis
- 9.10.4 Research & Development Expenses
- 9.10.5 SWOT Analysis
LIST OF TABLES
- TABLE 1 North America Automotive Regenerative Braking System Market, 2020 - 2023, USD Million
- TABLE 2 North America Automotive Regenerative Braking System Market, 2024 - 2031, USD Million
- TABLE 3 North America Automotive Regenerative Braking System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 4 North America Automotive Regenerative Braking System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 5 North America Battery Electric Vehicles (BEV) Market by Country, 2020 - 2023, USD Million
- TABLE 6 North America Battery Electric Vehicles (BEV) Market by Country, 2024 - 2031, USD Million
- TABLE 7 North America Plug-In Hybrid Electric Vehicles (PHEV) Market by Country, 2020 - 2023, USD Million
- TABLE 8 North America Plug-In Hybrid Electric Vehicles (PHEV) Market by Country, 2024 - 2031, USD Million
- TABLE 9 North America Fuel Cell Electric Vehicles (FCEV) Market by Country, 2020 - 2023, USD Million
- TABLE 10 North America Fuel Cell Electric Vehicles (FCEV) Market by Country, 2024 - 2031, USD Million
- TABLE 11 North America Automotive Regenerative Braking System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 12 North America Automotive Regenerative Braking System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 13 North America Passenger Car Market by Country, 2020 - 2023, USD Million
- TABLE 14 North America Passenger Car Market by Country, 2024 - 2031, USD Million
- TABLE 15 North America Light Commercial Vehicle (LCV) Market by Country, 2020 - 2023, USD Million
- TABLE 16 North America Light Commercial Vehicle (LCV) Market by Country, 2024 - 2031, USD Million
- TABLE 17 North America Heavy Commercial Vehicle (HCV) Market by Country, 2020 - 2023, USD Million
- TABLE 18 North America Heavy Commercial Vehicle (HCV) Market by Country, 2024 - 2031, USD Million
- TABLE 19 North America Automotive Regenerative Braking System Market by Component, 2020 - 2023, USD Million
- TABLE 20 North America Automotive Regenerative Braking System Market by Component, 2024 - 2031, USD Million
- TABLE 21 North America Battery Market by Country, 2020 - 2023, USD Million
- TABLE 22 North America Battery Market by Country, 2024 - 2031, USD Million
- TABLE 23 North America Flywheel Market by Country, 2020 - 2023, USD Million
- TABLE 24 North America Flywheel Market by Country, 2024 - 2031, USD Million
- TABLE 25 North America Motor Market by Country, 2020 - 2023, USD Million
- TABLE 26 North America Motor Market by Country, 2024 - 2031, USD Million
- TABLE 27 North America Electronic Control Unit (ECU) Market by Country, 2020 - 2023, USD Million
- TABLE 28 North America Electronic Control Unit (ECU) Market by Country, 2024 - 2031, USD Million
- TABLE 29 North America Automotive Regenerative Braking System Market by Country, 2020 - 2023, USD Million
- TABLE 30 North America Automotive Regenerative Braking System Market by Country, 2024 - 2031, USD Million
- TABLE 31 US Automotive Regenerative Braking System Market, 2020 - 2023, USD Million
- TABLE 32 US Automotive Regenerative Braking System Market, 2024 - 2031, USD Million
- TABLE 33 US Automotive Regenerative Braking System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 34 US Automotive Regenerative Braking System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 35 US Automotive Regenerative Braking System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 36 US Automotive Regenerative Braking System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 37 US Automotive Regenerative Braking System Market by Component, 2020 - 2023, USD Million
- TABLE 38 US Automotive Regenerative Braking System Market by Component, 2024 - 2031, USD Million
- TABLE 39 Canada Automotive Regenerative Braking System Market, 2020 - 2023, USD Million
- TABLE 40 Canada Automotive Regenerative Braking System Market, 2024 - 2031, USD Million
- TABLE 41 Canada Automotive Regenerative Braking System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 42 Canada Automotive Regenerative Braking System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 43 Canada Automotive Regenerative Braking System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 44 Canada Automotive Regenerative Braking System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 45 Canada Automotive Regenerative Braking System Market by Component, 2020 - 2023, USD Million
- TABLE 46 Canada Automotive Regenerative Braking System Market by Component, 2024 - 2031, USD Million
- TABLE 47 Mexico Automotive Regenerative Braking System Market, 2020 - 2023, USD Million
- TABLE 48 Mexico Automotive Regenerative Braking System Market, 2024 - 2031, USD Million
- TABLE 49 Mexico Automotive Regenerative Braking System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 50 Mexico Automotive Regenerative Braking System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 51 Mexico Automotive Regenerative Braking System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 52 Mexico Automotive Regenerative Braking System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 53 Mexico Automotive Regenerative Braking System Market by Component, 2020 - 2023, USD Million
- TABLE 54 Mexico Automotive Regenerative Braking System Market by Component, 2024 - 2031, USD Million
- TABLE 55 Rest of North America Automotive Regenerative Braking System Market, 2020 - 2023, USD Million
- TABLE 56 Rest of North America Automotive Regenerative Braking System Market, 2024 - 2031, USD Million
- TABLE 57 Rest of North America Automotive Regenerative Braking System Market by Propulsion Type, 2020 - 2023, USD Million
- TABLE 58 Rest of North America Automotive Regenerative Braking System Market by Propulsion Type, 2024 - 2031, USD Million
- TABLE 59 Rest of North America Automotive Regenerative Braking System Market by Vehicle Type, 2020 - 2023, USD Million
- TABLE 60 Rest of North America Automotive Regenerative Braking System Market by Vehicle Type, 2024 - 2031, USD Million
- TABLE 61 Rest of North America Automotive Regenerative Braking System Market by Component, 2020 - 2023, USD Million
- TABLE 62 Rest of North America Automotive Regenerative Braking System Market by Component, 2024 - 2031, USD Million
- TABLE 63 Key Information - Robert Bosch GmbH
- TABLE 64 Key Information - Denso Corporation
- TABLE 65 Key Information - Continental AG
- TABLE 66 Key Information - ZF Friedrichshafen AG
- TABLE 67 Key Information - Valeo SA
- TABLE 68 Key Information - Eaton Corporation PLC
- TABLE 69 key Information - Hyundai Motor Company
- TABLE 70 Key Information - Mitsubishi Electric Corporation
- TABLE 71 Key Information - Maxwell Technologies
- TABLE 72 Key Information - Schaeffler AG
