Europe Automotive Energy Recovery System MarketEurope Automotive Energy Recovery System Market 5.3 CAGR Growth Outlook 2024-2030
Europe Automotive Energy Recovery System Market by Subsystem (Turbocharger, Exhaust Gas Recirculation (EGR), by Propulsion (ICE, Electric), by Vehicle (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles), by Forecast 2024-2032
Base Year: 2023
150 Pages
Europe Automotive Energy Recovery System Market 5.3 CAGR Growth Outlook 2024-2030
Key Insights
The Europe Automotive Energy Recovery System Market size was valued at USD 17.12 USD billion in 2023 and is projected to reach USD 24.58 USD billion by 2032, exhibiting a CAGR of 5.3 % during the forecast period. An AERS, or Automotive Energy Recovery System, is a technology designed to capture and utilize energy that, during vehicle operation, is otherwise lost. Most often an AERS is applied in automobiles, capturing energy produced during braking or deceleration, stored for future use, generally as electrical energy. One of the popular AERS implementations is regenerative braking, which converts kinetic energy into electrical energy, stored in a battery or capacitor. The major components of the AERS include energy storage, such as batteries or ultracapacitors, with control systems in place to manage the energy flow. Benefits for employing AERS is the boost in gas mileage, cut down on harmful substances flowing out into the environment, and better overall car operation. Recent trends in the European market show that there is more encouragement for fitting cars or trucks with AERS because it serves as both stronger enforcement on environmental regulations as well as increased emphasis on the sustainability aspects of such moving objects.
Europe Automotive Energy Recovery System Trends
- Increased adoption of turbochargers and exhaust gas recirculation (EGR) systems
- Growing popularity of electric vehicles
- Rising demand for lightweight vehicles
Driving Forces: What's Propelling the Europe Automotive Energy Recovery System Market
- Stricter emission regulations
- Increasing fuel prices
- Growing environmental concerns
Challenges and Restraints in Europe Automotive Energy Recovery System Market
- High cost of energy recovery systems
- Complexity of integration with existing vehicle powertrains
- Lack of consumer awareness
Emerging Trends in Europe Automotive Energy Recovery System
- Development of integrated energy recovery systems
- Use of advanced materials to reduce weight and improve efficiency
- Growing focus on autonomous and connected vehicles
Growth Catalysts in Europe Automotive Energy Recovery System Industry
- Government incentives for fuel-efficient vehicles
- Technological advancements in energy recovery systems
- Growing popularity of hybrid and electric vehicles
Market Segmentation: Europe Automotive Energy Recovery System Analysis
Subsystem
- Turbocharger
- Exhaust Gas Recirculation (EGR)
Propulsion
- ICE
- Electric
Vehicle
- Passenger Cars
- Light Commercial Vehicles
- Heavy Commercial Vehicles
Leading Players in the Europe Automotive Energy Recovery System Market
- Continental AG (Germany)
- Delphi Automotive (Ireland) (Delphi Automotive is now known as Aptiv.)
- Eaton (Ireland)
- Robert Bosch GmbH (Germany)
- Schaeffler AG (Germany)
- Rheinmetall Automotive AG (Germany)
- Faurecia (France)
- Mahle GmbH (Germany)
- ZF Friedrichshafen AG (Germany)
- RICARDO PLC (U.K.)
Significant developments in Europe Automotive Energy Recovery System Sector
- Continental AG acquires Siemens VDO Automotive in 2014, strengthening its position in the automotive energy recovery system market.
- Delphi Automotive invests in a new energy recovery system manufacturing facility in Ireland in 2015.
- Bosch introduces a new turbocharger with integrated energy recovery system in 2016.
Comprehensive Coverage Europe Automotive Energy Recovery System Market Report
- Market size and growth forecasts
- Detailed analysis of key market segments
- Competitive landscape and market share analysis
- Industry trends and challenges
- Future growth drivers and opportunities
Regional Insight
- The market is segmented into Western Europe and Eastern Europe.
- Western Europe holds a dominant market share due to stringent emission regulations and the presence of major automotive manufacturers.
Pricing Strategies
- Companies adopt cost-effective manufacturing techniques to reduce production costs and offer competitive prices.
- Tiered pricing based on vehicle type and energy recovery system features.
DROCs
- Detailed SWOT analysis of key players
- Market opportunities and challenges for established and new entrants
- Risks and rewards associated with investing in the market
Segmentation
- Market segmentation by subsystem, propulsion, vehicle(Passenger Cars), and region
- Analysis of each segment's growth potential and market share
SWOT Analysis
- Strengths: Technological advancements, government incentives, and growing consumer awareness
- Weaknesses: High cost, integration challenges, and lack of consumer knowledge
- Opportunities: Development of new technologies, increasing demand for fuel-efficient vehicles, and government support
- Threats: Intense competition, market volatility, and economic downturn
Europe Automotive Energy Recovery System Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 5.3% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1 Increasing Demand for Forged Products in Power
- 3.2.2 Agriculture
- 3.2.3 Aerospace
- 3.2.4 and Defense to Drive Industry Expansion
- 3.3. Market Restrains
- 3.4. Market Trends
- 3.4.1. Rising Adoption of Automation in Manufacturing to Drive Market Growth
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Subsystem
- 5.1.1. Turbocharger
- 5.1.2. Exhaust Gas Recirculation (EGR
- 5.2. Market Analysis, Insights and Forecast - by Propulsion
- 5.2.1. ICE
- 5.2.2. Electric
- 5.3. Market Analysis, Insights and Forecast - by Vehicle
- 5.3.1. Passenger Cars
- 5.3.2. Light Commercial Vehicles
- 5.3.3. Heavy Commercial Vehicles
- 5.4. Market Analysis, Insights and Forecast - by Region
- 5.4.1.
- 5.1. Market Analysis, Insights and Forecast - by Subsystem
- 6. Germany Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Subsystem
- 6.1.1 Turbocharger
- 6.1.2 Exhaust Gas Recirculation (EGR)
- 6.2. Market Analysis, Insights and Forecast - By Propulsion
- 6.2.1 ICE
- 6.2.2 Electric
- 6.3. Market Analysis, Insights and Forecast - By Vehicle
- 6.3.1 Passenger Cars
- 6.3.2 Light Commercial Vehicles
- 6.3.3 Heavy Commercial Vehicles
- 7. France Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Subsystem
- 7.1.1 Turbocharger
- 7.1.2 Exhaust Gas Recirculation (EGR)
- 7.2. Market Analysis, Insights and Forecast - By Propulsion
- 7.2.1 ICE
- 7.2.2 Electric
- 7.3. Market Analysis, Insights and Forecast - By Vehicle
- 7.3.1 Passenger Cars
- 7.3.2 Light Commercial Vehicles
- 7.3.3 Heavy Commercial Vehicles
- 8. Italy Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Subsystem
- 8.1.1 Turbocharger
- 8.1.2 Exhaust Gas Recirculation (EGR)
- 8.2. Market Analysis, Insights and Forecast - By Propulsion
- 8.2.1 ICE
- 8.2.2 Electric
- 8.3. Market Analysis, Insights and Forecast - By Vehicle
- 8.3.1 Passenger Cars
- 8.3.2 Light Commercial Vehicles
- 8.3.3 Heavy Commercial Vehicles
- 9. United Kingdom Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2018-2030
- 9.1. Market Analysis, Insights and Forecast - By Subsystem
- 9.1.1 Turbocharger
- 9.1.2 Exhaust Gas Recirculation (EGR)
- 9.2. Market Analysis, Insights and Forecast - By Propulsion
- 9.2.1 ICE
- 9.2.2 Electric
- 9.3. Market Analysis, Insights and Forecast - By Vehicle
- 9.3.1 Passenger Cars
- 9.3.2 Light Commercial Vehicles
- 9.3.3 Heavy Commercial Vehicles
- 10. Netherlands Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2018-2030
- 10.1. Market Analysis, Insights and Forecast - By Subsystem
- 10.1.1 Turbocharger
- 10.1.2 Exhaust Gas Recirculation (EGR)
- 10.2. Market Analysis, Insights and Forecast - By Propulsion
- 10.2.1 ICE
- 10.2.2 Electric
- 10.3. Market Analysis, Insights and Forecast - By Vehicle
- 10.3.1 Passenger Cars
- 10.3.2 Light Commercial Vehicles
- 10.3.3 Heavy Commercial Vehicles
- 11. Rest of Europe Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2018-2030
- 11.1. Market Analysis, Insights and Forecast - By Subsystem
- 11.1.1 Turbocharger
- 11.1.2 Exhaust Gas Recirculation (EGR)
- 11.2. Market Analysis, Insights and Forecast - By Propulsion
- 11.2.1 ICE
- 11.2.2 Electric
- 11.3. Market Analysis, Insights and Forecast - By Vehicle
- 11.3.1 Passenger Cars
- 11.3.2 Light Commercial Vehicles
- 11.3.3 Heavy Commercial Vehicles
- 12. Competitive Analysis
- 12.1. Market Share Analysis 2023
- 12.2. Company Profiles
- 12.2.1 Continental AG (Germany)
- 12.2.1.1. Overview
- 12.2.1.2. Products
- 12.2.1.3. SWOT Analysis
- 12.2.1.4. Recent Developments
- 12.2.1.5. Financials (Based on Availability)
- 12.2.2 Delphi Automotive (Ireland)
- 12.2.2.1. Overview
- 12.2.2.2. Products
- 12.2.2.3. SWOT Analysis
- 12.2.2.4. Recent Developments
- 12.2.2.5. Financials (Based on Availability)
- 12.2.3 Eaton (Ireland)
- 12.2.3.1. Overview
- 12.2.3.2. Products
- 12.2.3.3. SWOT Analysis
- 12.2.3.4. Recent Developments
- 12.2.3.5. Financials (Based on Availability)
- 12.2.4 Robert Bosch GmbH (Germany)
- 12.2.4.1. Overview
- 12.2.4.2. Products
- 12.2.4.3. SWOT Analysis
- 12.2.4.4. Recent Developments
- 12.2.4.5. Financials (Based on Availability)
- 12.2.5 Schaeffler AG (Germany)
- 12.2.5.1. Overview
- 12.2.5.2. Products
- 12.2.5.3. SWOT Analysis
- 12.2.5.4. Recent Developments
- 12.2.5.5. Financials (Based on Availability)
- 12.2.6 Rheinmetall Automotive AG (Germany)
- 12.2.6.1. Overview
- 12.2.6.2. Products
- 12.2.6.3. SWOT Analysis
- 12.2.6.4. Recent Developments
- 12.2.6.5. Financials (Based on Availability)
- 12.2.7 Faurecia (France)
- 12.2.7.1. Overview
- 12.2.7.2. Products
- 12.2.7.3. SWOT Analysis
- 12.2.7.4. Recent Developments
- 12.2.7.5. Financials (Based on Availability)
- 12.2.8 Mahle GmbH (Germany)
- 12.2.8.1. Overview
- 12.2.8.2. Products
- 12.2.8.3. SWOT Analysis
- 12.2.8.4. Recent Developments
- 12.2.8.5. Financials (Based on Availability)
- 12.2.9 ZF Friedrichshafen AG (Germany)
- 12.2.9.1. Overview
- 12.2.9.2. Products
- 12.2.9.3. SWOT Analysis
- 12.2.9.4. Recent Developments
- 12.2.9.5. Financials (Based on Availability)
- 12.2.10 RICARDO PLC (U.K.)
- 12.2.10.1. Overview
- 12.2.10.2. Products
- 12.2.10.3. SWOT Analysis
- 12.2.10.4. Recent Developments
- 12.2.10.5. Financials (Based on Availability)
- 12.2.1 Continental AG (Germany)
List of Figures
- Figure 1: Europe Automotive Energy Recovery System Market Revenue Breakdown (USD billion, %) by Product 2023 & 2031
- Figure 2: Europe Automotive Energy Recovery System Market Value Share (%), by Subsystem 2023 & 2031
- Figure 3: Europe Automotive Energy Recovery System Market Value Share (%), by Propulsion 2023 & 2031
- Figure 4: Europe Automotive Energy Recovery System Market Value Share (%), by Vehicle 2023 & 2031
- Figure 5: Europe Automotive Energy Recovery System Market Share (%) by Company 2023
List of Tables
- Table 1: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Subsystem 2018 & 2031
- Table 2: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Subsystem 2018 & 2031
- Table 3: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Propulsion 2018 & 2031
- Table 4: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Propulsion 2018 & 2031
- Table 5: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Vehicle 2018 & 2031
- Table 6: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Vehicle 2018 & 2031
- Table 7: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Region 2018 & 2031
- Table 8: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Region 2018 & 2031
- Table 9: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Subsystem 2018 & 2031
- Table 10: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Subsystem 2018 & 2031
- Table 11: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Propulsion 2018 & 2031
- Table 12: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Propulsion 2018 & 2031
- Table 13: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Vehicle 2018 & 2031
- Table 14: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Vehicle 2018 & 2031
- Table 15: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Region 2018 & 2031
- Table 16: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Region 2018 & 2031
- Table 17: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Subsystem 2018 & 2031
- Table 18: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Subsystem 2018 & 2031
- Table 19: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Propulsion 2018 & 2031
- Table 20: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Propulsion 2018 & 2031
- Table 21: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Vehicle 2018 & 2031
- Table 22: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Vehicle 2018 & 2031
- Table 23: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Country 2018 & 2031
- Table 24: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Country 2018 & 2031
- Table 25: Germany Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 26: Germany Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 27: France Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 28: France Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 29: Italy Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 30: Italy Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 31: United Kingdom Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 32: United Kingdom Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 33: Netherlands Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 34: Netherlands Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 35: Rest of Europe Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2018 & 2031
- Table 36: Rest of Europe Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2018 & 2031
- Table 37: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Subsystem 2018 & 2031
- Table 38: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Subsystem 2018 & 2031
- Table 39: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Propulsion 2018 & 2031
- Table 40: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Propulsion 2018 & 2031
- Table 41: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Vehicle 2018 & 2031
- Table 42: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Vehicle 2018 & 2031
- Table 43: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Country 2018 & 2031
- Table 44: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Country 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 5.3% from 2018-2032 |
| Segmentation |
|
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