Automotive Energy Recovery Systems

Global Automotive Energy Recovery Systems Market to Reach US$44.9 Billion by 2030

The global market for Automotive Energy Recovery Systems estimated at US$31.4 Billion in the year 2024, is expected to reach US$44.9 Billion by 2030, growing at a CAGR of 6.2% over the analysis period 2024-2030. Regenerative Braking Systems, one of the segments analyzed in the report, is expected to record a 7.0% CAGR and reach US$26.6 Billion by the end of the analysis period. Growth in the Turbocharger segment is estimated at 5.7% CAGR over the analysis period.

The U.S. Market is Estimated at US$8.6 Billion While China is Forecast to Grow at 5.8% CAGR

The Automotive Energy Recovery Systems market in the U.S. is estimated at US$8.6 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$7.0 Billion by the year 2030 trailing a CAGR of 5.8% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 5.5% and 5.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.6% CAGR.

Global Automotive Energy Recovery Systems Market – Key Trends & Drivers Summarized

How Are Technological Advancements Shaping Automotive Energy Recovery Systems?

Automotive energy recovery systems are revolutionizing the way energy is harnessed and reused in vehicles, particularly with the rising emphasis on improving fuel efficiency and reducing carbon emissions. Key technologies in this market include regenerative braking systems, kinetic energy recovery systems (KERS), and waste heat recovery systems. Regenerative braking, a core technology in hybrid and electric vehicles (EVs), captures the energy generated during braking and converts it into electricity to recharge the vehicle’s battery. Meanwhile, waste heat recovery systems (WHRS) capture and convert the heat produced by the engine into usable energy, further improving vehicle efficiency. These advancements are critical as automotive manufacturers seek innovative ways to comply with stringent emissions regulations and meet the growing consumer demand for fuel-efficient vehicles.

Why Is the Rise of Electric and Hybrid Vehicles Driving Energy Recovery System Adoption?

The growing popularity of electric and hybrid vehicles is a major factor driving the adoption of automotive energy recovery systems. As consumers become more environmentally conscious, they are opting for vehicles that reduce fuel consumption and emissions, which has fueled the demand for energy-efficient technologies. Regenerative braking, a key feature in EVs and hybrids, is playing a crucial role in extending the range of these vehicles by recovering and reusing energy that would otherwise be lost. Additionally, with governments around the world introducing stricter emissions regulations and offering incentives for adopting cleaner vehicles, automakers are increasingly integrating energy recovery technologies into their vehicles. This trend is especially prominent in regions like Europe and North America, where EV adoption is rapidly growing, pushing the demand for advanced energy recovery systems.

How Are Performance Demands in the Automotive Sector Influencing Energy Recovery Systems?

The automotive sector is under pressure to deliver vehicles that are not only fuel-efficient but also offer enhanced performance, a challenge that energy recovery systems are helping to address. Kinetic energy recovery systems (KERS), originally developed for motorsport applications, are increasingly being adapted for use in commercial vehicles to improve performance by storing energy and releasing it during acceleration. Additionally, waste heat recovery systems (WHRS) are gaining popularity in long-haul trucks and commercial vehicles, where improving fuel efficiency over long distances is critical. These systems enable manufacturers to enhance the overall energy efficiency of vehicles without compromising performance, making them a key focus in the development of next-generation automotive technologies. As consumer expectations for high-performance, fuel-efficient vehicles continue to rise, energy recovery systems are becoming a fundamental component of modern automotive engineering.

What Are the Key Factors Driving Growth in the Automotive Energy Recovery Systems Market?

The growth in the automotive energy recovery systems market is driven by several factors, including the rising global demand for fuel-efficient vehicles and the increasing adoption of electric and hybrid models. Stringent environmental regulations imposed by governments, particularly in Europe and North America, are encouraging automakers to adopt energy recovery technologies to meet emissions targets and improve vehicle efficiency. The continued advancements in regenerative braking systems, waste heat recovery systems, and KERS technologies are providing manufacturers with innovative solutions to enhance vehicle performance while reducing fuel consumption. Additionally, the growing trend of vehicle electrification and the push for more sustainable transportation solutions are further accelerating the adoption of these systems. Consumer preferences are also shifting towards vehicles that offer both environmental benefits and performance enhancements, driving the integration of advanced energy recovery systems into a wider range of vehicles across the market.

SCOPE OF STUDY:

The report analyzes the Automotive Energy Recovery Systems market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Product Type (Regenerative Braking Systems, Turbocharger, Exhaust Gas Recirculation (EGR)); End-Use (Passenger Cars, Commercial Vehicles)

Geographic Regions/Countries:
World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.

Select Competitors (Total 18 Featured) -

• BorgWarner, Inc.
• Denso Corporation
• Faurecia
• Hitachi Astemo, Ltd.
• Hitachi Ltd.
• Mitsubishi Heavy Industries Ltd.
• Ricardo PLC
• Skeleton Technologies GmbH
• ZF Friedrichshafen AG

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

Please note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

The latest version of Adobe Acrobat Reader is required to view the report. Upon ordering an electronic version, the Publisher will provide a link to download the purchased report.

Prior to fulfillment of an order, the client will be required to sign a document detailing the purchase terms for a publication from this publisher.