Global Automotive Regenerative Braking System Market Report 2022: Electric Vehicles Continue to Drive Sector - ResearchAndMarkets.com
The "Automotive Regenerative Braking System Market By Vehicle Type, By System, By Propulsion Type: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering
By AP News
Published - Oct 31, 2022, 09:26 AM ET
Last Updated - Jun 14, 2024, 06:32 AM EDT
DUBLIN--(BUSINESS WIRE)--Oct 31, 2022--
The "Automotive Regenerative Braking System Market By Vehicle Type, By System, By Propulsion Type: Global Opportunity Analysis and Industry Forecast, 2020-2030" report has been added to ResearchAndMarkets.com's offering.
According to this report the automotive regenerative braking system market was valued at $5.66 billion in 2020, and is estimated to reach $23.2 Billion by 2030, growing at a CAGR of 15.5% from 2021 to 2030.
Asia-Pacific dominates the market in terms of revenue, followed by Europe, North America, and LAMEA. China dominated the market 2020. However, Europe is expected to grow at a significant rate during the forecast period, due to technological developments across the region.
