Two Wheeler Regenerative Braking System Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By System Type (Electric, Hydraulics, Kinetic), By Propulsion Type (BEV, HEV, PHEV), By Region, By Competition, 2018-2028

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Market Overview

Global Two Wheeler Regenerative Braking System Market was worth USD 2.8 Billion in 2022 and is expected to forecast strong growth during the forecast period with a CAGR of 7.89% from 2022 to 2028.

Regenerative braking, a technology to recover kinetic energy, is employed primarily on pure electric and hybrid vehicles to harness the lost energy during braking and deceleration and subsequently employ it to recharge the battery. In this system, during forward motion or cruising, the motor drives the wheels, and during braking, the wheels drive the motor. The motor can act as a generator by resisting the rotation of the wheels and producing power to recharge the vehicle's battery due to this two-way energy flow. As much as 5%–10% of transmitted energy can be recovered using this kind of braking system; the amount recovered depends on the speed of the vehicle and the braking mode. The energy recovery systems are now applied in passenger and commercial vehicles to maximize fuel efficiency and reduce vehicle emissions. Due to this, there is more demand for such a braking system in the global car market, causing improved fuel efficiency. The demand from business is now escalating overall sales of motor vehicles, including electric vehicles, and parts on the global front, resulting in rising pollutant emissions. Besides, the government is compelling the automakers to employ the latest technologies capable of reducing fuel use and exhaust gas emissions. This can stimulate the growth of the international market for regenerative braking systems.

Key Market Drivers

Increasing Focus on Energy Efficiency and Sustainability

One of the primary drivers of the Global Two-Wheeler Regenerative Braking System market is the growing emphasis on energy efficiency and sustainability in the industry. As concerns about environmental impact and resource depletion escalate, consumers and governments are pushing for cleaner and more efficient transportation solutions. Regenerative braking systems offer an effective way to reduce fuel consumption in two-wheelers. By recovering and storing kinetic energy during braking and deceleration, these systems can later use that energy to assist in acceleration. This process not only improves fuel efficiency but also reduces greenhouse gas emissions. Governments worldwide are implementing stringent emissions regulations to combat air pollution and reduce carbon emissions. Two-wheelers are a significant contributor to urban air pollution, particularly in densely populated areas. Regenerative braking systems help manufacturers meet these regulations by curbing emissions, which is particularly important as emission standards become more stringent. Sustainability has become a key selling point for consumers. Two-wheelers equipped with regenerative braking systems align with sustainability goals, appealing to environmentally conscious riders. As a result, manufacturers are increasingly integrating these systems to cater to a growing market segment.

Electrification of Two-Wheelers

The electrification of two-wheelers, including electric motorcycles and scooters, is another major driver of the regenerative braking system market. Electric two-wheelers rely on battery power for propulsion, and regenerative braking plays a vital role in maximizing their efficiency and range. Regenerative braking helps extend the range of electric two-wheelers by recapturing energy during braking events. This stored energy can then be used to recharge the battery or assist in propulsion. As a result, regenerative braking is an essential component of battery management systems in electric two-wheelers. Electric two-wheeler manufacturers are continually striving to improve the range of their vehicles. Regenerative braking contributes to this goal by ensuring that energy is efficiently utilized and conserved during operation. Riders can travel longer distances on a single charge, making electric two-wheelers more practical and appealing.

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Safety and Improved Braking Performance

Regenerative braking systems also contribute to improved safety and braking performance in two-wheelers. These systems work in conjunction with traditional braking systems (such as disc or drum brakes), providing enhanced stopping power and control. Regenerative braking systems can reduce stopping distances in emergency braking situations. By blending regenerative braking with mechanical braking, riders can achieve more rapid deceleration, potentially avoiding accidents and collisions. During prolonged or aggressive braking, mechanical brakes can experience brake fade, reducing their effectiveness. Regenerative braking can help mitigate brake fade by sharing the braking load, leading to more consistent and reliable braking performance. Regenerative braking systems can be integrated with advanced traction control systems. These systems can modulate the braking force on individual wheels, helping prevent wheel lockup and skidding during sudden braking or adverse road conditions.

Technological Advancements

Continuous technological advancements are a significant driver of the Global Two-Wheeler Regenerative Braking System market. These advancements are primarily focused on improving the efficiency, reliability, and affordability of regenerative braking systems. Manufacturers are developing compact and lightweight regenerative braking components, ensuring that they can be seamlessly integrated into two-wheeler designs without compromising aesthetics or handling. These advancements are particularly crucial for electric two-wheelers, where space and weight considerations are paramount. Ongoing research and development efforts are aimed at improving the efficiency of regenerative braking systems. This includes optimizing energy capture, storage, and release mechanisms to maximize the energy recovery process. Higher efficiency translates to greater fuel savings and longer electric vehicle ranges. As regenerative braking technology matures and production volumes increase, manufacturing costs are expected to decrease. This cost reduction will make regenerative braking systems more accessible to a broader range of two-wheelers, including budget-friendly models.

Growing Market for Electric Two-Wheelers

The expanding market for electric two-wheelers is a key driver of the Global Two-Wheeler Regenerative Braking System market. The adoption of electric motorcycles and scooters is rising due to several factors, including environmental concerns, urban congestion, and the availability of government incentives. Electric two-wheelers are becoming popular choices for urban commuting due to their compact size and low operating costs. In congested urban areas, these vehicles offer a practical and environmentally friendly mode of transportation. Many governments offer incentives, subsidies, and tax breaks to promote the adoption of electric two-wheelers. These incentives can significantly reduce the upfront cost of electric vehicles, making them more attractive to consumers. Growing environmental awareness and concerns about air quality are driving individuals to choose electric two-wheelers over traditional gasoline-powered counterparts. Regenerative braking systems further enhance the eco-friendly appeal of these vehicles.

Key Market Challenges

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Technological Complexity and Integration Challenges

One of the primary challenges in the Global Two-Wheeler Regenerative Braking System Market is the inherent technological complexity associated with developing and integrating regenerative braking systems into two-wheelers. Integrating regenerative braking technology into existing two-wheeler designs can be a daunting task. Two-wheelers, especially traditional internal combustion engine motorcycles, have limited found at space for additional components. Manufacturers must find innovative ways to fit regenerative braking components like electric motors, energy storage units, and control systems without compromising the vehicle's aesthetics, weight distribution, or handling characteristics. Ensuring compatibility with various two-wheeler models adds another layer of complexity. The market includes a wide range of motorcycles and scooters with varying designs, powertrains, and braking systems. Developing regenerative braking systems that can be seamlessly integrated into this diverse landscape is a formidable challenge. The cost of developing and manufacturing regenerative braking systems can be substantial. Achieving affordability without compromising quality is a delicate balance, particularly for two-wheelers, which often cater to price-sensitive markets. This challenge becomes more pronounced in regions with a high demand for low-cost vehicles.

Limited Market Penetration of Electric Two-Wheelers

While the electric two-wheeler market is growing, it still faces obstacles related to market penetration. This directly impacts the adoption of regenerative braking systems, which are more commonly integrated into electric vehicles. The limited availability of charging infrastructure in many regions hinders the widespread adoption of electric two-wheelers. Potential buyers may be deterred by concerns about charging convenience, range anxiety, and the perceived inconvenience of charging compared to refueling with gasoline. Electric two-wheelers, equipped with regenerative braking systems and other advanced technologies, tend to have higher initial purchase prices than their gasoline counterparts. This cost difference can deter potential buyers, particularly in markets where affordability is a primary consideration. There is still a lack of widespread awareness and understanding of the benefits of electric two-wheelers and regenerative braking systems. Educating consumers about these technologies and their long-term cost savings potential is crucial for market growth.

Infrastructure and Battery Technology Limitations

The effectiveness of regenerative braking systems is closely tied to the state of infrastructure and battery technology. Several challenges in these areas can impact the market for such systems. The limited range of electric two-wheeler batteries is a challenge that affects the effectiveness of regenerative braking. Smaller batteries can store less energy, which limits the capacity for regenerative braking to capture and utilize energy effectively. As mentioned earlier, the availability and accessibility of charging infrastructure play a significant role in the adoption of electric two-wheelers. In regions with insufficient charging stations, electric vehicle users may be unable to take full advantage of regenerative braking systems. Over time, lithium-ion batteries, commonly used in electric two-wheelers, degrade, leading to reduced energy storage capacity. This degradation can affect the performance of regenerative braking systems, as they rely on the battery's ability to store and discharge energy efficiently.

Market Fragmentation and Regulatory Challenges

The Global Two-Wheeler Regenerative Braking System Market is highly fragmented, with a multitude of manufacturers, regulations, and standards. These factors pose unique challenges for market growth. There is a lack of standardized regulations and industry standards governing regenerative braking systems in two-wheelers. This fragmentation can lead to varying levels of quality and performance among different products, making it difficult for consumers to assess the effectiveness of regenerative braking systems. Manufacturers must navigate a complex web of regional regulations and emissions standards. Compliance with these regulations adds complexity and cost to the development and production of regenerative braking systems, particularly for global manufacturers. The fragmented nature of the market results in intense competition among manufacturers. Smaller companies may struggle to gain market share and compete with larger, more established players, hindering innovation and market growth.

Consumer Perception and Acceptance

Consumer perception and acceptance of regenerative braking systems in two-wheelers can be a significant hurdle to overcome. As with electric vehicles, educating consumers about the benefits of regenerative braking systems is essential. Many potential buyers may not fully understand how these systems work or how they contribute to improved fuel efficiency and reduced emissions. Some consumers may be skeptical about the effectiveness and durability of regenerative braking systems. Overcoming this skepticism and demonstrating the reliability of these systems is crucial for widespread acceptance. Two-wheeler riders often have strong preferences for traditional braking systems, which they are more familiar with. Convincing riders to embrace regenerative braking as a viable and safe alternative can be challenging.

Key Market Trends

Electrification of Two-Wheelers and Growth of E-Bikes
The most significant trend in the Global Two-Wheeler Regenerative Braking System Market is the growing electrification of two-wheelers, fueled by the rising popularity of electric bicycles or e-bikes. E-bikes have picked up considerable momentum as green and efficient urban mobility options. This trend directly influences the uptake of regenerative braking systems. E-bikes are fitted with electric motors that support the riders in pedaling as well as propulsion. Electric motors powering e-bikes can utilize regenerative braking systems to generate energy during braking incidents. As riders break, the system harvests the kinetic energy, converts it to electrical energy, and stores it for future use. This power can subsequently be utilized to increase the range of the e-bike or aid in acceleration, ultimately improving the riding experience-bikes have become viable and sustainable urban mobility options, especially in dense urban environments where traffic congestion and pollution are increasingly becoming concerns. The use of regenerative braking systems is in line with the sustainability objectives of e-bike manufacturers and is attractive to environmentally aware riders. For e-bikes, regenerative braking not only adds to energy efficiency but also performs a crucial function in battery management. By reclaiming energy during braking, regenerative braking assists in preserving the charge level of e-bike batteries, making riders enjoy increased range and longer rides without the need for frequent recharging.

Improvements in Regenerative Braking Technology
The Two-Wheeler Regenerative Braking System Market is experiencing sustained technology developments, especially in the design and performance of regenerative braking systems. The companies are creating intelligent regenerative braking systems based on sensors and sophisticated algorithms to maximize energy capture and release. These systems can evaluate a number of variables, such as vehicle speed, terrain, and rider input, to decide how to recover and use energy most efficiently. Intelligent regenerative braking improves system performance and efficiency. Advances in materials and engineering are driving the creation of lightweight and compact regenerative braking components. These developments allow regenerative braking systems to be easily integrated into a broad variety of two-wheeler designs without sacrificing handling or appearance. Certain manufacturers are developing innovative energy storage technologies, like high-capacity ultracapacitors, to enhance the energy storage feature of regenerative braking systems even further. Ultracapacitors provide instant energy storage and release, maximizing the efficiency of regenerative braking.

Government Incentives and Regulations
Government incentives, regulations, and policies are significantly contributing to the trend of adopting regenerative braking systems in two-wheelers. Emission Reduction PoliciesVarious governments are pushing consumers and businesses actively towards using electric vehicles and environmentally friendly transportation alternatives in a bid to alleviate air pollution as well as counteract climate change. Regenerative braking technology reduces emissions by optimizing energy efficiency on electric and hybrid two-wheelers. Governments worldwide offer monetary subsidies, tax concessions, and funding assistance to buyers as well as companies in a move to persuade individuals to shift towards the use of cleaner technology such as regenerative braking technology. Such incentives can considerably lower the initial cost of embracing such systems. Regulations for two-wheeler emissions are getting tougher. Two-wheeler manufacturers are compelled to adhere to such regulations, which frequently call for the application of technologies such as regenerative braking in order to cut down on emissions and overall energy usage. Green procurement policies favoring the purchase of vehicles and technology with certain environmental specifications have been introduced by certain government bodies and institutions. Two-wheeler manufacturers with regenerative braking systems have a greater chance of winning government contracts and alliances.

Development of Commuter and Urban Mobility Solutions
The upsurge in urban populations and the requirement for effective urban mobility solutions are fueling the expansion of commuter two-wheelers and compact electric vehicles. This market trend is specifically applicable to regenerative braking systems. In congested urban areas, two-wheelers are often preferred for their maneuverability and ability to navigate through traffic. Commuters are increasingly turning to electric scooters and motorcycles as convenient and eco-friendly alternatives to traditional gasoline-powered vehicles. Regenerative braking systems are well-suited for urban commuting, where stop-and-go traffic is common. These systems capture and store energy during braking events, making them highly efficient for city travel. The energy that is captured can subsequently be utilized to support acceleration, cutting down energy consumption and improving the range of the vehicle. Increased use of electric scooters and motorcycles in ride-sharing platforms has opened a new market for two-wheelers that are fitted with regenerative braking systems. These vehicles provide sustainable and efficient modes of transport for short-distance movement within urban regions.

Consumer Awareness and Demand for Sustainability
Consumer sensitivity and demand for greener transport modes are major drivers for the Two-Wheeler Regenerative Braking System Market. More and more consumers are focusing on environmental factors when deciding on transport modes. Electric two-wheelers with regenerative braking systems are also seen as greener options, which appeal to consumers who wish to be environmentally friendly. In the case of electric two-wheelers, regenerative braking technology also reduces range anxiety—a shared concern among potential consumers. Being assured that regenerative braking is capable of extending the range of the vehicle through optimized energy usage makes riders confident about electric mobility. Most riders are encouraged by the need to support sustainability initiatives and minimize air pollution. The use of regenerative braking systems fits into such objectives, supporting greener transport options.

Segmental Insights

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Propulsion Analysis

rising trend for emissions-free pure electric vehicles Driven BEV Demand The market is segmented into PHEV, BEV, and HEV based on propulsion.The largest market share of the global market was held by the BEV segment. Fully electric vehicles are being favored by the government through subsidies, buying incentives, and the enforcement of strict pollution rules. For instance, in Germany, the United Kingdom, and France, BEVs receive much more purchase incentives than PHEVs.

For instance, BEV sales accounted for over 75% of new EV sales in the U.S., up 55% from 2016. Similar to that, BEVs sold more than 2.9 million units in 2021 in China, where they made up about 82% of current EV sales. After BEVs, PEVs are the second fastest-growing market sector. In 2021, PHEV batteries will typically have a 15 kWh capacity. Using Level 1 or Level 2 chargers comfortably results in noticeably shorter charging periods. The demand for solutions will therefore increase as SUVs become more prevalent.

Regional Insights

Asia Pacific held the largest market share for regenerative braking systems in 2021 and is predicted to increase during the forecast period. Additionally, compared to other regions, it exhibits the quickest growth rate. Over the projected period, it is anticipated that this region's increasingly strict emission standards would increase demand for BEVs, PHEVs, and FCVs. In 2021, China was mostly responsible for the rise in battery demand in Asia Pacific. China sold more electric vehicles in 2021 than the rest of the world combined, at more than 3.3 million. The market's second most important region is North America. Regenerative braking in electric vehicles is becoming more and more popular in the area as a result of rising public demand for safe vehicle operation, reduced stress, and effective transportation. The market has grown remarkably in both Europe and the rest of the world. Europe is concentrating on strengthening its position in the market using tactics like early legalization of the usage of driverless vehicles. The government is in charge of putting autonomous vehicles into use by offering financing and programs.

Recent Developments

• For instance, ZF unveiled a new regenerativebraking system in January 2021, designed specifically for electric vehicles.Under the MEB platform, Volkswagen's |D.3 and 1D.4 worldwide models will comestandard with these most recent braking control technologies.
• The MK C2, an improved version of the MK C1brake-by-wire technology, was unveiled by Continental AG in November 2021. TheMK C2 has been improved, is smaller and lighter, and can therefore be utilizedin small vehicles. Additionally, there are fewer components now, which lowersthe overall cost.
•  In January 2022, Advics Co., Ltd. announcedthat it would provide the regenerative coordinated braking system and electricparking brake (EPB) for the GAC Group's GS8 hybrid car. Advics' products willnow be offered to the GAC Group model for the first time, and this decision wasmade in light of the company's performance and market knowledge in the area ofelectrification products.
• In April 2022, Faraday Future Intelligent ElectricInc. announced that Brembo would be the primary supplier of the enSystem brakecaliper assembly for its FF 91 EV vehicle. For the FF 91, Brembo will supply aunique caliper assembly. This will include the electronic parking brake as wellas the assembly, pistons, calipers, and pads.
• Mazda announced a joint venture in June 2021. Mazdawill invest 5% in a joint venture as part of its Sustainable Zoom-Zoom 2030plan, which also calls on Toyota and Denso to develop electric vehicles. Thecollaboration include creating platforms, cutting-edge braking systems, andpowertrains for their EVs.
• The US all-electric SUV is being developed byRobert Bosch, a European supplier of technology, according to AIWAYS, apersonal mobility company based in Shanghai. For US versions, the business willprovide regenerative braking systems,
• The Integrated Mobis Electronic Brake (iMEB), a newbraking system from Hyundai Mobis, was also unveiled in February 2019. TheHyundai Mobis iMEB system results in a 5% weight reduction and a 13% increasein brake response. Compared to separate hydraulic systems, this offers a 30%cost savings.

Key Market Players

• Robert Bosch GmbH
• Denso Corporation
• Continental AG
• ZF Friedrichshafen AG
• BorgWarner Inc.
• Hyundai Mobis
• Eaton
• Brembo S.P.A
• Skeleton Technologies GmbH
• Advices Co. Ltd.