PUBLISHER: KBV Research | PRODUCT CODE: 1655233
PUBLISHER: KBV Research | PRODUCT CODE: 1655233
The Latin America, Middle East and Africa Automotive Regenerative Braking System Market would witness market growth of 13.6% CAGR during the forecast period (2024-2031).
The Brazil market dominated the LAMEA 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 $267.8 million by 2031. The Argentina market is showcasing a CAGR of 14.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 12.7% during (2024 - 2031).
The automotive industry heavily invests in research and development (R&D) to enhance regenerative braking systems, focusing on energy recovery efficiency, braking integration, and seamless control systems. Leading companies such as Bosch, Continental, and ZF Friedrichshafen are developing next-generation electro-hydraulic braking solutions that optimize energy recuperation while ensuring smooth braking performance.
Collaboration between automakers, technology firms, and academic researchers drives breakthroughs in braking control algorithms, energy storage, and vehicle-to-grid (V2G) applications. These advancements are particularly beneficial for electric and hybrid vehicles, where regenerative braking helps extend battery range and improve energy efficiency.
The LAMEA region is steadily progressing in electric vehicle (EV) adoption and the development of sustainable transportation solutions, driven by government initiatives, private sector investments, and sustainability goals. As electric mobility expands in the region, the demand for automotive RBS is rising, helping to enhance energy efficiency and battery longevity in EVs and hybrid vehicles. According to the International Council on Clean Transportation (ICCT), new car sales in Latin America accounted for 7% of all global sales in 2020, reflecting the region's rapidly growing automotive industry. The LAMEA region's commitment to reducing carbon emissions and advancing sustainable mobility is fueling the demand for energy-efficient braking technologies, with governments and automakers increasingly integrating regenerative braking into EVs and public transport fleets. As electric mobility expands across Latin America, the Middle East, and Africa, the automotive regenerative braking system market is poised for significant growth, supporting the region's transition to a cleaner and more efficient transportation landscape.
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
LAMEA Automotive Regenerative Braking System Market Report Segmentation
By Propulsion Type
By Vehicle Type
By Component
By Country
List of Figures