SAN FRANCISCO, June 23, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Automotive Energy Harvesting and Regeneration - Global Market Trajectory & Analytics". The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
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What's New for 2022?
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Edition: 7; Released: January 2022
Executive Pool: 1396
Companies: 46 - Players covered include Continental AG; Delphi Automotive PLC; Denso Corporation; Faurecia SA; Gentherm, Inc.; Ricardo PLC; Robert Bosch GmbH; Tenneco, Inc.; Torotrak PLC; ZF Friedrichshafen AG and Others.
Coverage: All major geographies and key segments
Segments: Segment (Plug-In Hybrid Electric Vehicle, Hybrid Electric Vehicle, Battery Electric Vehicle, Pure Electric)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; and Rest of Europe); Asia-Pacific; Rest of World.
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Global Automotive Energy Harvesting and Regeneration Market to Reach $147.6 Billion by 2026
Amid the COVID-19 crisis, the global market for Automotive Energy Harvesting and Regeneration estimated at US$51.5 Billion, is projected to reach a revised size of US$147.6 Billion by 2026, growing at a CAGR of 18.8% over the analysis period. Plug-In Hybrid Electric Vehicle, one of the segments analyzed in the report, is projected to record a 17.3% CAGR and reach US$35.4 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hybrid Electric Vehicle segment is readjusted to a revised 19.5% CAGR for the next 7-year period.
The U.S. Market is Estimated at $18.9 Billion in 2021, While China is Forecast to Reach $26.3 Billion by 2026
The Automotive Energy Harvesting and Regeneration market in the U.S. is estimated at US$18.9 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$26.3 Billion by the year 2026 trailing a CAGR of 18.6% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 16.5% and 16.1% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 13.3% CAGR.
Battery Electric Vehicle Segment to Reach US$43.4 Billion by the year 2026
In the global Battery Electric Vehicle segment, USA, Canada, Japan, China and Europe will drive the 20.4% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$11.2 Billion will reach a projected size of US$41 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.
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SOURCE Global Industry Analysts, Inc.