1. What is the projected Compound Annual Growth Rate (CAGR) of the Europe Automotive Energy Recovery System Market?
The projected CAGR is approximately 5.3%.
Europe Automotive Energy Recovery System MarketEurope Automotive Energy Recovery System Market 5.3 CAGR Growth Outlook 2025-2033
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 2025-2033
Base Year: 2024
150 Pages
Europe Automotive Energy Recovery System Market 5.3 CAGR Growth Outlook 2025-2033
Europe Automotive Energy Recovery System Market 5.3 CAGR Growth Outlook 2025-2033
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 upfront cost of energy recovery systems compared to conventional powertrains.
- Technical complexity and engineering challenges in integrating ERS systems with existing vehicle architectures.
- Limited awareness and understanding of ERS benefits among consumers, leading to adoption barriers.
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
- Growing government regulations and incentives promoting fuel-efficient vehicles, including tax breaks and emissions targets.
- Technological advancements leading to improved efficiency, reliability, and cost reduction of ERS systems.
- Increasing adoption of hybrid and electric vehicles, which rely heavily on energy recovery systems for enhanced performance and range.
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 (Turbocharger), 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 | 2019-2033 |
| Base Year | 2024 |
| Estimated Year | 2025 |
| Forecast Period | 2025-2033 |
| Historical Period | 2019-2024 |
| Growth Rate | CAGR of 5.3% from 2019-2033 |
| Segmentation |
|
Table of Contents
- 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, 2019-2031
- 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, 2019-2031
- 7. France Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2019-2031
- 8. Italy Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2019-2031
- 9. United Kingdom Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2019-2031
- 10. Netherlands Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2019-2031
- 11. Rest of Europe Europe Automotive Energy Recovery System Market Analysis, Insights and Forecast, 2019-2031
- 12. Competitive Analysis
- 12.1. Market Share Analysis 2024
- 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 2024 & 2032
- Figure 2: Europe Automotive Energy Recovery System Market Share (%) by Company 2024
List of Tables
- Table 1: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Region 2019 & 2032
- Table 2: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Region 2019 & 2032
- Table 3: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Subsystem 2019 & 2032
- Table 4: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Subsystem 2019 & 2032
- Table 5: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Propulsion 2019 & 2032
- Table 6: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Propulsion 2019 & 2032
- Table 7: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Vehicle 2019 & 2032
- Table 8: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Vehicle 2019 & 2032
- Table 9: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Region 2019 & 2032
- Table 10: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Region 2019 & 2032
- Table 11: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Country 2019 & 2032
- Table 12: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Country 2019 & 2032
- Table 13: Germany Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2019 & 2032
- Table 14: Germany Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2019 & 2032
- Table 15: France Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2019 & 2032
- Table 16: France Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2019 & 2032
- Table 17: Italy Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2019 & 2032
- Table 18: Italy Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2019 & 2032
- Table 19: United Kingdom Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2019 & 2032
- Table 20: United Kingdom Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2019 & 2032
- Table 21: Netherlands Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2019 & 2032
- Table 22: Netherlands Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2019 & 2032
- Table 23: Rest of Europe Europe Automotive Energy Recovery System Market Revenue (USD billion) Forecast, by Application 2019 & 2032
- Table 24: Rest of Europe Europe Automotive Energy Recovery System Market Volume (Thousand Units) Forecast, by Application 2019 & 2032
- Table 25: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Subsystem 2019 & 2032
- Table 26: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Subsystem 2019 & 2032
- Table 27: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Propulsion 2019 & 2032
- Table 28: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Propulsion 2019 & 2032
- Table 29: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Vehicle 2019 & 2032
- Table 30: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Vehicle 2019 & 2032
- Table 31: Europe Automotive Energy Recovery System Market Revenue USD billion Forecast, by Country 2019 & 2032
- Table 32: Europe Automotive Energy Recovery System Market Volume Thousand Units Forecast, by Country 2019 & 2032
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.
Frequently Asked Questions
2. Which companies are prominent players in the Europe Automotive Energy Recovery System Market?
Key companies in the market include Continental AG (Germany), Delphi Automotive (Ireland), 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.).
3. What are the main segments of the Europe Automotive Energy Recovery System Market?
The market segments include Subsystem, Propulsion, Vehicle.
4. Can you provide details about the market size?
The market size is estimated to be USD 17.12 USD billion as of 2022.
5. What are some drivers contributing to market growth?
Increasing Demand for Forged Products in Power. Agriculture. Aerospace. and Defense to Drive Industry Expansion.
6. What are the notable trends driving market growth?
Rising Adoption of Automation in Manufacturing to Drive Market Growth.
7. Are there any restraints impacting market growth?
N/A
8. Can you provide examples of recent developments in the market?
N/A
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 3850, USD 4850, and USD 5850 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in USD billion and volume, measured in Thousand Units.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Europe Automotive Energy Recovery System Market," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Europe Automotive Energy Recovery System Market report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Europe Automotive Energy Recovery System Market?
To stay informed about further developments, trends, and reports in the Europe Automotive Energy Recovery System Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.