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The automotive energy recovery systems market size is forecast to increase by USD 14.7 billion at a CAGR of 9.45% between 2023 and 2028. The market is driven by the increasing demand for electrical energy efficiency in vehicles. Accessories such as regenerative braking systems and e-axles are gaining popularity due to their ability to recover electrical energy in electric vehicles during deceleration and convert it into usable power. In the motorsport industry, waste energy recovery technologies, like motor generators, are being adopted to enhance vehicle performance and reduce fuel consumption. However, the market faces challenges such as the complexity of implementing these systems, which can increase operating costs and adoption costs for manufacturers and consumers. Additionally, the standards for energy recovery systems are continually evolving, requiring continuous investment in research and development.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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