Automotive Energy Harvesting and Regeneration System Market Size Share and Industry Outlook to 2028

SKU: DMAUTR324 | Last Updated On: Dec 03 2021 | No. of Pages: 180 | Available Formats

> Global Automotive Energy Harvesting and Regeneration System Market Expected to reach a high CAGR of 20% By 2028: DataM Intelligence

Global Automotive Energy Harvesting and Regeneration System Market is segmented By Energy Type (Kinetic Energy Recovery System, Thermal Energy storage systems, Regenerative Shock Absorber System, Solar Power Systems), By Vehicle Type (Hybrid-electric vehicles, Plug-in hybrid electronic vehicles, Battery electric vehicles), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2021-2028

 

Market Overview

The Global Automotive Energy Harvesting and Regeneration System Market is expected to grow at a CAGR of 20% during the forecasting period (2021-2028).


Energy harvesting is the process in which a small amount of energy, that would otherwise be lost such as heat, light, sound, vibration, wind magnetic force or movement, is transformed into an electric current and stored for later usage. Key players in the automotive industry are investing heavily in R&D to come up with leading-edge technologies which will give them a competitive advantage over other players in the industry.  With the introduction of energy harvesting and regeneration systems automakers have been able to provide a solution to problems such as diminishing oil reserves and increased global warming and pollution.
The report covers all the major trends and drivers playing a vital role in the growth of the global market. The market has been segmented based on region, energy type, and vehicle type.

Global Automotive Energy Harvesting and Regeneration System  Market Value (US$ Mn), 2018-2026

Market Dynamics

The global Automotive Energy Harvesting and Regeneration System market is primarily driven by growing demand for electric vehicles (EVs) globally. As energy harvesting and regeneration system are used EVs store energy for later use. Therefore, the rise in demand for vehicles running on alternative fuels such as EVs coupled with the introduction of regulation pertaining to reducing carbon footprint and the global warning will fuel growth in the global automotive energy harvesting and regeneration system market during the forecast period.
According to International Energy Agency (IEA), in 2017, more than one million EVs were sold globally, with countries like Norway, China, and the US dominating the global EVs market in terms of market share. In the same year, globally more than three million EVs were in stock. Energy harvesting and regeneration system are one of the key components which are now being installed by EV manufacturers, to provide value addition to their consumers. These systems provide a clean source of energy and therefore it is expected that demand for automotive energy harvesting and regeneration systems will increase during the forecast period.

Number of electric cars in circulation (in million) (2013 & 2017)

However, the high entry costs and low power capacity of batteries may hinder market growth. Automotive energy harvesting and regeneration systems have low energy conversion rate which is approximately 5%, therefore, posing a major threat for market growth.

Segmentation Analysis

By Vehicle Type, the global Automotive Energy Harvesting and Regeneration System market is segmented into Hybrid-electric vehicles (HEV), Plug-in hybrid electronic vehicles (PHEV), and Battery electric vehicles (BEV).
HEV is powered by both petrol and electricity. The battery in HEV is charged by the car’s own braking system; also called a regenerative braking system that converts kinetic energy into electricity. However, in PHEV, car’s battery can be charged through the external power source. Unlike HEVs and PHEVs, BEVs does not have petrol engine, fuel tank or exhaust pipe and are fully electric vehicles with batteries which can be charged via charging stations and power outlet. 
In 2018, HEVs held the majority share in the market and will continue to dominate the market growing at CAGR 0f ~20% during the forecast period. However, with continuous technological innovation and high maintenance battery and battery sensors coupled high replacement cost will result in growth in demand for Automotive Energy Harvesting and Regeneration System in BEV during the forecast period.
By Energy type, the global Automotive Energy Harvesting and Regeneration System market is segmented into Kinetic Energy Recovery Systems (KERS), Regenerative Shock Absorber System, and Solar Power Systems (Photovoltaic). Kinetic energy recovery systems (KERS) held the highest market share as these energy harvesting and regeneration is most prominently used in EVs. In a conventional vehicle, a majority of the kinetic energy is converted during friction braking into heat and emitted unused into the environment. EVs such as HEVs and PHEVs use the electric motor to recuperate a portion of kinetic energy produced for reuse. A photovoltaic system or solar power system has also been attracting manufacturers and consumers due to its more efficient way of converting solar energy directly into electricity coupled with its cost-effectiveness. It is expected that the regenerative shock absorber system and solar power systems will grow at faster CAGR than KERS due to their effectiveness in passenger EVs as well as commercial EVs.

Geographical Share

By geography, the global Automotive Energy Harvesting and Regeneration System market is segmented into Europe, North America, Asia-Pacific (APAC), South America, and the Middle East and Africa (MEA).
Europe holds the largest market share in Global Automotive Energy Harvesting and Regeneration System Market. During the forecast period, it is expected Europe will continue to dominate the market, growing at a CAGR of 18%-22%. Some of the key leading countries in the region are Germany, Norway, France, and the UK.
North America held the second-largest market share in global Automotive Energy Harvesting and Regeneration System market. Continuous technological innovation, growing awareness about the benefits of energy harvesting, and new product launches providing better efficiency to consumers will drive the market in the region.
APAC is the fastest-growing region and is expected to grow at a CAGR of ~25% during the forecast period. Developing countries in the region such as China and India will be driving the market growth mainly due to rapid urbanization and economic growth. In 2018, China is the key leading country in the region and will post a CAGR of close to 28% due to exponential growth in sales of EVs in the country. In 2017, electric car sales were up by approximately 89% as compared to 2016 in China.

Global Automotive Energy Harvesting and Regeneration System Market Share, by Region, (%), 2018

Competitive Landscape

Global Automotive Energy Harvesting and Regeneration System is very new and at nascent stage with the presence of top multinationals as well as small-mid size players. The major players include Robert Bosch GmbH, Gentherm Incorporated, Continental AG, Delphi Automotive PLC, and Denso Corporation. These players have a diverse portfolio of products and offer from new innovative product to their customers. Other prominent vendors with similar product offerings are Tenneco Inc., Faurecia SA, ZF Group, and Ricardo PLC.
Robert Bosch GmbH, Continental AG, Delphi Automotive PLC, and Denso Corporation are some of the big conglomerates with wide product and service portfolio with a worldwide presence. 
In April 2019,Gentherm Incorporated was recognized as a 2019 Automotive News PACE Award winner for its battery thermal management (BTM) system.
In April 2019, DENSO announced that it will invest approximately 180 billion yen (US$1.6 billion) over the three years – from FY2018 to late FY2020 – to support its aggressive development and production of electrified automotive products, systems, and technologies. To achieve its long-term business goal to create and inspire new value for the future of mobility, DENSO is focused on increasing its performance in the area of electrification.

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Table of Contents

  1. Automotive Energy Harvesting and Regeneration System Market Methodology and Scope

    1. Research Methodology

    2. Research Objective and Scope of the Report

  2. Automotive Energy Harvesting and Regeneration System Market – Market Definition and Overview

  3. Automotive Energy Harvesting and Regeneration System Market – Executive Summary

    1. Market Snippet by Energy Type

    2. Market Snippet by Vehicle Type

    3. Market Snippet by Region

  4. Automotive Energy Harvesting and Regeneration System Market Dynamics

    1. Market Impacting Factors

      1. Drivers

        1. Growing sales of electric vehicles ly

      2. Restraints

        1. Lack of awareness among end-users

      3. Impact Analysis

  5. Automotive Energy Harvesting and Regeneration System Market – Industry Analysis

    1. Porter's Five Forces Analysis

    2. Supply Chain Analysis

  6. Automotive Energy Harvesting and Regeneration System Market – By Energy Type

    1. Introduction

      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Energy Type

      2. Market Attractiveness Index, By Energy Type

    2. Kinetic Energy Recovery System (KERS)*

      1. Introduction

      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)

    3. Thermal Energy storage systems

    4. Regenerative Shock Absorber System

    5. Solar Power Systems (Photovoltaic)

  7. Automotive Energy Harvesting and Regeneration System Market – By Vehicle Type

    1. Introduction

      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Application

      2. Market Attractiveness Index, By Application

    2. Hybrid-electric vehicles (HEV)*

      1. Introduction

      2. Market Size Analysis, and Y-o-Y Growth Analysis (%)

    3. Plug-in hybrid electronic vehicles (PHEV)

    4. Battery electric vehicles (BEV)

  8. Automotive Energy Harvesting and Regeneration System Market – By Region

    1. Introduction

      1. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region

      2. Market Attractiveness Index, By Region

    2. North America

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Engine Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. The U.S.

        2. Canada

        3. Mexico

    3. Europe

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Engine Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. Norway

        2. Germany

        3. The U.K.

        4. France

        5. Romania

        6. Rest of Europe

    4. South America

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Engine Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. Brazil

        2. Argentina

        3. Rest of South America

    5. Asia Pacific

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Engine Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

        1. China

        2. Japan

        3. South Korea

        4. Rest of Asia Pacific

    6. The Middle East and Africa

      1. Introduction

      2. Key Region-Specific Dynamics

      3. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Engine Type

      4. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Vehicle Type

      5. Market Size Analysis, and Y-o-Y Growth Analysis (%), By Country

  9. Automotive Energy Harvesting and Regeneration System Market – Competitive Landscape

    1. Competitive Scenario

    2. Market Positioning/Share Analysis

    3. Mergers and Acquisitions Analysis

  10. Company Profiles

    1. Robert Bosch GmbH *

      1. Company Overview

      2. Product Portfolio and Description

      3. Key Highlights

      4. Financial Overview

    2. Gentherm Incorporated

    3. Continental AG

    4. Delphi Automotive PLC

    5. Denso Corporation

    6. Tenneco Inc.

    7. Faurecia SA

    8. ZF Group

    9. Ricardo PLC

  11. Automotive Energy Harvesting and Regeneration System Market – Premium Insights

  12. Automotive Energy Harvesting and Regeneration System Market – DataM

    1. Appendix

    2. About Us and Services

    3. Contact Us

 

List of Tables/Figures

List of Tables
Table 01    Global Automotive Energy Harvesting and Regeneration System Market Value, By Energy Type, 2018,2022 & 2026 ($ Million)
Table 02    Global Automotive Energy Harvesting and Regeneration System Market Value, By Vehicle Type, 2018,2022 & 2026 ($ Million)
Table 03    Global Automotive Energy Harvesting and Regeneration System Market Value, By Region, 2018,2022 & 2026 ($ Million)
Table 04    Global Automotive Energy Harvesting and Regeneration System Market Value, By Energy Type, 2018,2022 & 2026 ($ Million)
Table 05    Global Automotive Energy Harvesting and Regeneration System Market Value, By Energy Type, 2017-2026 ($ Million)
Table 06    Global Automotive Energy Harvesting and Regeneration System Market Value, By Vehicle Type, 2018,2022 & 2026 ($ Million)
Table 07    Global Automotive Energy Harvesting and Regeneration System Market Value, By Vehicle Type, 2017-2026 ($ Million)
Table 08    Global Automotive Energy Harvesting and Regeneration System Market Value, By Region, 2018,2022 & 2026 ($ Million)
Table 09    Global Automotive Energy Harvesting and Regeneration System Market Value, By Region, 2017-2026 ($ Million)
Table 10    North America Automotive Energy Harvesting and Regeneration System Market Value, By Energy Type, 2017-2026 ($ Million)
Table 11    North America Automotive Energy Harvesting and Regeneration System Market Value, By Vehicle Type, 2017-2026 ($ Million)
Table 12    North America Automotive Energy Harvesting and Regeneration System Market Value, By Country, 2017-2026 ($ Million)
Table 13    South America Automotive Energy Harvesting and Regeneration System Market Value, By Energy Type, 2017-2026 ($ Million)
Table 14    South America Automotive Energy Harvesting and Regeneration System Market Value, By Vehicle Type, 2017-2026 ($ Million)
Table 15    South America Automotive Energy Harvesting and Regeneration System Market Value, By Country, 2017-2026 ($ Million)
Table 16    Europe Automotive Energy Harvesting and Regeneration System Market Value, By Energy Type, 2017-2026 ($ Million)
Table 17    Europe Automotive Energy Harvesting and Regeneration System Market Value, By Vehicle Type, 2017-2026 ($ Million)
Table 18    Europe Automotive Energy Harvesting and Regeneration System Market Value, By Country, 2017-2026 ($ Million)
Table 19    Asia-Pacific Automotive Energy Harvesting and Regeneration System Market Value, By Energy Type, 2017-2026 ($ Million)
Table 20    Asia-Pacific Automotive Energy Harvesting and Regeneration System Market Value, By Vehicle Type, 2017-2026 ($ Million)
Table 21    Asia-Pacific Automotive Energy Harvesting and Regeneration System Market Value, By Country, 2017-2026 ($ Million)
Table 22    Middle East & Africa Automotive Energy Harvesting and Regeneration System Market Value, By Energy Type, 2017-2026 ($ Million)
Table 23    Middle East & Africa Automotive Energy Harvesting and Regeneration System Market Value, By Vehicle Type, 2017-2026 ($ Million)
Table 24    Robert Bosch GmbH: Overview
Table 25    Robert Bosch GmbH: Product Portfolio
Table 26    Robert Bosch GmbH: Key Developments
Table 27    Gentherm Incorporated: Overview
Table 28    Gentherm Incorporated: Product Portfolio
Table 29    Gentherm Incorporated: Key Developments
Table 30    Continental AG: Overview
Table 31    Continental AG: Product Portfolio
Table 32    Continental AG: Key Developments
Table 33    Delphi Automotive PLC: Overview
Table 34    Delphi Automotive PLC: Product Portfolio
Table 35    Delphi Automotive PLC: Key Developments
Table 36    Denso Corporation: Overview
Table 37    Denso Corporation: Product Portfolio
Table 38    Denso Corporation: Key Developments
Table 39    Tenneco Inc.: Overview
Table 40    Tenneco Inc.: Product Portfolio
Table 41    Tenneco Inc.: Key Developments
Table 42    Faurecia SA: Overview
Table 43    Faurecia SA: Product Portfolio
Table 44    Faurecia SA: Key Developments
Table 45    ZF Group: Overview
Table 46    ZF Group: Product Portfolio
Table 47    ZF Group: Key Developments
Table 48    Ricardo PLC: Overview
Table 49    Ricardo PLC: Product Portfolio
Table 50    Ricardo PLC: Key Developments 

List of Figures
Figure 01    Global Automotive Energy Harvesting and Regeneration System Market Share, By Energy Type, 2018 & 2026 (%)
Figure 02    Global Automotive Energy Harvesting and Regeneration System Market Share, By Vehicle Type, 2018 & 2026 (%)
Figure 03    Global Automotive Energy Harvesting and Regeneration System Market Share, By Region, 2018 & 2026 (%)
Figure 04    Global Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 05    Global Automotive Energy Harvesting and Regeneration System Market Y-o-Y Growth, By Energy Type, 2018-2026 (%)
Figure 06    Kinetic Energy Recovery System (KERS): Global Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 07    Thermal Energy storage systems: Global Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 08    Regenerative Shock Absorber System: Global Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 09    Solar Power Systems (Photovoltaic): Global Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 10    Global Automotive Energy Harvesting and Regeneration System Market Y-o-Y Growth, By Vehicle Type, 2018-2026 (%)
Figure 11    Hybrid-electric vehicles (HEV): Global Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 12    Plug-in hybrid electronic vehicles (PHEV): Global Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 13    Battery electric vehicles (BEV): Global Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 14    Global Automotive Energy Harvesting and Regeneration System Market Y-o-Y Growth, By Region, 2018-2026 (%)
Figure 15    North America Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 16    North America Automotive Energy Harvesting and Regeneration System Market Share, By Energy Type, 2018 & 2026 (%)
Figure 17    North America Automotive Energy Harvesting and Regeneration System Market Share, By Vehicle Type, 2018 & 2026 (%)
Figure 18    North America Automotive Energy Harvesting and Regeneration System Market Share, By Country, 2018 & 2026 (%)
Figure 19    South America Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 20    South America Automotive Energy Harvesting and Regeneration System Market Share, By Energy Type, 2018 & 2026 (%)
Figure 21    South America Automotive Energy Harvesting and Regeneration System Market Share, By Vehicle Type, 2018 & 2026 (%)
Figure 22    South America Automotive Energy Harvesting and Regeneration System Market Share, By Country, 2018 & 2026 (%)
Figure 23    Europe Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 24    Europe Automotive Energy Harvesting and Regeneration System Market Share, By Energy Type, 2018 & 2026 (%)
Figure 25    Europe Automotive Energy Harvesting and Regeneration System Market Share, By Vehicle Type, 2018 & 2026 (%)
Figure 26    Europe Automotive Energy Harvesting and Regeneration System Market Share, By Country, 2018 & 2026 (%)
Figure 27    Asia-Pacific Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 28    Asia-Pacific Automotive Energy Harvesting and Regeneration System Market Share, By Energy Type, 2018 & 2026 (%)
Figure 29    Asia-Pacific Automotive Energy Harvesting and Regeneration System Market Share, By Vehicle Type, 2018 & 2026 (%)
Figure 30    Asia-Pacific Automotive Energy Harvesting and Regeneration System Market Share, By Country, 2018 & 2026 (%)
Figure 31    Middle East & Africa Automotive Energy Harvesting and Regeneration System Market Value, 2017-2026 ($ Million)
Figure 32    Middle East & Africa Automotive Energy Harvesting and Regeneration System Market Share, By Energy Type, 2018 & 2026 (%)
Figure 33    Middle East & Africa Automotive Energy Harvesting and Regeneration System Market Share, By Vehicle Type, 2018 & 2026 (%)
Figure 34    Robert Bosch GmbH: Financials
Figure 35    Gentherm Incorporated: Financials
Figure 36    Continental AG: Financials
Figure 37    Delphi Automotive PLC: Financials
Figure 38    Denso Corporation: Financials
Figure 39    Tenneco Inc.: Financials
Figure 40    Faurecia SA: Financials
Figure 41    ZF Group: Financials
Figure 42    Ricardo PLC: Financials

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