AUTOMOTIVE ENERGY HARVESTING AND REGENERATION MARKET ANALYSIS

Market Challenges And Opportunities

Lack of adequate power back up from existing storage sources and high initial costs are anticipated to present considerable growth challenge to the market growth

Incorporation of energy conservation and regenerative systems such as automotive flywheels, turbochargers, and exhaust gas recirculation systems, leads to additional cost of ownership of the vehicles. Moreover, battery storages have small energy density per unit volume and also add on to the existing architecture of the vehicle. This significantly decreases the performance of the vehicle and in turn dissuades consumers from adopting these alternative fuel powered vehicles. These factors are expected to hamper the overall automotive energy harvesting and regeneration market growth over the forecast period.