Automotive Regenerative Braking Market: Key Development Opportunities Hidden In Emerging Economies 2017 - 2025
The automotive regenerative braking system is an energy recovery system that coverts the kinetic energy of the vehicle produced during deceleration of the vehicle into electrical energy. The converted energy is stored in the vehicle energy storage unit in order to utilize it in other applications such as start-stop function, headlights, and to power the vehicle’s interior electronics. The regenerative braking system uses different types of energy storage units such as flywheel, batteries, and ultra-capacitors. The vehicle’s regenerative braking system is widely used in hybrid and battery electric vehicles in order to increase the fuel efficiency and range of the vehicle. Increase in demand for fuel efficient vehicles, increasing efforts to reduce carbon emissions and the rise in cost of fuels, are prompting auto manufacturers to develop energy-efficient systems. This changing dynamics has significantly led to developments in regenerative braking systems market. Furthe...