The global automotive regenerative braking systems market is anticipated to grow at a 22.4% CAGR during 2021-2027 owing to the rising advancement in the regenerative braking system and mounting usage of electric and hybrid vehicles. The increased adoption of energy-efficient components in passenger and commercial vehicles due to the need to increase fuel efficiency and decrease carbon emission from the vehicles, resulted in the growth of the automotive regenerative braking systems market. The rising government regulations, environmental concerns about the vehicle emissions, enhancing the performance of the vehicle, and decreasing the wear & tear of the braking system in comparison to the traditional braking system will further bolster the growth of the automotive regenerative braking systems market.

The COVID-19 pandemic has had an adverse impact on the automotive regenerative braking system market owing to lockdown, temporary shutdown of production units, an import-export ban which hampers the growth of the market.

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Based on storage type, the adoption of hydraulic systems in the utility vehicle segment will have a significant share in the market. This is due to the advantages and the availability of space that has led to the usage in the passenger vehicle segment as well. The hydraulic system has improved potential efficiency, increased power density, and better energy storage efficiency as compared to the electric automotive regenerative braking system. As a result, the hydraulic regenerative braking system is expected to become more widely used in heavy-duty and off-road applications, as well as in high-performance passenger vehicles. A prominent trend that is expected to persist during the projection period is the adoption of hydraulic systems over battery-electric systems.

Asia-Pacific contributes to the largest share in the automotive regenerative braking systems market owing to the increased adoption of plug-in hybrid electric vehicles in emerging economies like China, Japan, and South Korea, the rapid urbanization, the growing prominence of hybris, and rising purchasing power among people. Moreover, the increased sales and production in countries like China and India will accelerate the growth of the automotive regenerative systems market in the region.

In November 2021, Continental, a technology business, has further enhanced its MK C1 electro-hydraulic brake system, which was the first of its kind. While the MK C2 has higher availability and performance, it is also smaller and lighter, making it easier to integrate into smaller car models and complete vehicle platforms with a variety of engine designs and installation locations.

The prominent players in the automotive regenerative braking systems industry include Mazda Motor Corporation, Aisin Seiki Co. Ltd, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Magnetti Marelli S.p.A, Robert Bosch GmbH, Adgero S.A.S, Autoliv Nissin Brakes Systems, Skeleton Technologies, and Maxwell Technologies.