"Market Intelligence for High-Geared Performance"

North America Automotive Energy Recovery System Market Size, Share & COVID-19 Impact Analysis, By Subsystem (Turbocharger, Exhaust Gas Recirculation (EGR), and Regenerative Braking System), By Propulsion (ICE and Electric), By Vehicle (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), and Regional Forecast, 2023– 2030

Last Updated: July 08, 2024 | Format: PDF | Report ID: FBI108031



North America holds a substantial share in the global automotive energy recovery system market. North America automotive energy recovery system market size is projected to grow at a CAGR of 6.5% during the forecast period. Global market size is projected to grow from USD 17.12 billion in 2022 to USD 29.60 billion by 2030.

The rising demand for automotive energy recovery systems to be integrated into vehicles is due to stringent fuel efficiency and emission regulations. Moreover, the growing adoption of electric vehicles, which leads to increased demand for energy recovery systems for increased range and efficiency, will drive market growth during the forecast period.

Our report on the North America automotive energy recovery system market covers the following countries/regions – U.S., Canada, and Mexico.


Growing Demand for Regenerative Braking System Drives Market Growth

Several companies are leaning toward integrating regenerative braking systems in electric vehicles. For instance, in September 2020, Guident, which is a portfolio company of Tekcapital and a software solution developer for autonomous vehicles, acquired regenerative shock absorber technology.

Due to the advantage of increasing the driving range of electric vehicles, regenerative braking systems are becoming a vital factor in the market growth of electric vehicles. Apart from this, the development in the turbocharger and exhaust gas recirculation (EGR) system (to provide engine efficiency by recycling exhausted gasses) has increased to adopt the advanced technology and increase the overall performance of the vehicle, which also thrives the market. This alternatively fuels the North America automotive regenerative system market growth.


Government Incentives and Tax Credits on Electric Vehicles Drive the Market.

Governments in North America offer various incentives to encourage the adoption of energy-efficient vehicles, including those equipped with energy recovery systems. For example, the U.S. Federal government offers tax credits for the purchase of hybrid and electric vehicles. For instance, the government of the U.S. provides a tax credit of USD 7,500 under Internal Revenue Code Section 30D for buying electric vehicles in or after 2023.

Similarly, a tax credit of up to USD 7,500 was provided for EV owners in or before 2022. This encourages the populace to buy electric vehicles, which are energy efficient. And the adoption of electric vehicles, which are equipped with energy recovery systems such as regenerative braking systems and regenerative suspension systems, drives market growth in the region.


Request a Free sample to learn more about this report.

Lack of Electric Vehicle Infrastructure Restrains Market Growth

Energy recovery systems are most effective in hybrid and electric vehicles. However, the availability of charging infrastructure limits the adoption of such vehicles. Thus, the lack of electrical vehicle infrastructure restrains market growth. The market potential for electric vehicles and energy recovery systems is limited without widespread charging infrastructure.

Several energy companies and EV charging providers are focused on expanding their businesses by establishing charging stations to cater to this issue. The region's government aims to establish electric vehicle charging stations all around the respective countries. For instance, in September 2022, the Biden administration announced its approval of the plan to create a national electric vehicle charging network across 34 states and Puerto Rico. This will boost the increase in the number of electrical vehicles, developing the market growth for this industry.


In terms of the competitive landscape, Tenneco Inc., Honeywell Corporation, and Cummins Inc. are the key players in the North America market, thanks to strong product offerings and active involvement in R&D investments that have accelerated product launches and approvals in the forecast period. These companies are focused on strengthening their product portfolio and distribution network through strategic collaboration and partnerships to increase their North America automotive energy recovery system market share.



  • April 2022 − General Motors launched a feature that will be standard in its Utlium-based electric vehicles. The feature helps the EV capture and reuse waste energy. This increased EVs' driving range, reduced battery energy needed for heating, increased charging speed, and even enabled sportier driving. The energy recovery system will provide a 10% increase in driving range for the electric vehicles from General Motors.

  • May 2022 Stanadyne, a fuel and air management system supplier, developed a modular, scalable exhaust gas recirculation (EGR) valve with a self-cleaning function that will help to mitigate carbon buildup that can cause sticking and eventual valve failure. The unique design utilises an in-line controller to enhance the reliability of electronic components within high-temperature surroundings, offering enhanced engine controller interface flexibility.

  • July 2020 Ford launched its all-electric MUSTANG MACH-E 1400 prototype in collaboration with RTR Vehicles and demonstrated the performance possibilities of electric propulsion. The MUSTANG MACH-E 1400 is incorporated with an electronic brake booster that allows a series regenerative braking system combined with ABS and stability control to optimize the vehicle's braking system. This braking system was developed by Brembo.


To gain extensive insights into the market, Request for Customization

The market report provides qualitative and quantitative insights on the market with detailed analysis of the North America market size & growth rate for all possible segments in the market. Along with the North America automotive energy recovery system market forecast, the research report provides an elaborative analysis of the market dynamics and competitive landscape. Various key insights transpired in the report are overview of the number of procedures, an overview of price analysis of types of products, overview of the regulatory scenario by key countries, pipeline analysis, new product launches, key industry developments – mergers, acquisitions & partnerships and, the impact of COVID-19 on the market.

Report Scope & Segmentation



Study Period


Base Year


Estimated Year


Forecast Period


Historical Period


Growth Rate

CAGR of 6.5% from 2023 to 2030


Value (USD billion)


Subsystem; Propulsion; Vehicle; and Country/ Sub-Region

By Subsystem

  • Turbocharger

  • Exhaust Gas Recirculation (EGR)

  • Regenerative Braking System

By Propulsion

  • ICE

  • Electric

By Vehicle

  • Passenger Cars

  • Light Commercial Vehicles

  • Heavy Commercial Vehicles

By Country/ Sub-Region

  • U.S. (By Propulsion)

  • Canada (By Propulsion

  • Mexico (By Propulsion)

Frequently Asked Questions

The market is projected to grow at a CAGR of 6.5% over the forecast period 2023-2030.

Government incentives and tax credits on electric vehicles drive the market.

U.S. dominated the market in 2022.

Seeking Comprehensive Intelligence on Different Markets?
Get in Touch with Our Experts

Speak to an Expert
  • 2019-2030
  • 2022
  • 2019-2021
  • 150

Personalize this Research

  • Granular Research on Specified Regions or Segments
  • Companies Profiled based on User Requirement
  • Broader Insights Pertaining to a Specific Segment or Region
  • Breaking Down Competitive Landscape as per Your Requirement
  • Other Specific Requirement on Customization
Request Customization Banner

Automotive & Transportation Clients


Client Testimonials

“We are quite happy with the methodology you outlined. We really appreciate the time your team has spent on this project, and the efforts of your team to answer our questions.”

- One of the largest & renowned medical research centers based in the U.S. on a report on the U.S. NIPT Market.

“Thanks a million. The report looks great!”

- Feedback from a consultant on a report on the U.S. Beef Market.

“Thanks for the excellent report and the insights regarding the lactose market.”

- Brazil based company specializing in production of protein ingredients.

“I liked the report; would it be possible to send me the PPT version as I want to use a few slides in an internal presentation that I am preparing.”

- Global Digital Services Agency on a report on the Global Luxury Goods Market.

“This report is really well done and we really appreciate it! Again, I may have questions as we dig in deeper. Thanks again for some really good work.”

- U.S.-based biotechnology company focussing on treatment of chronic pain.

“Kudos to your team. Thank you very much for your support and agility to answer our questions.”

- Europe-based provider of solutions to automate data centre operations.

“We appreciate you and your team taking out time to share the report and data file with us, and we are grateful for the flexibility provided to modify the document as per request. This does help us in our business decision making. We would be pleased to work with you again, and hope to continue our business relationship long into the future.”

- India-based manufacturer of industrial and specialty intermediates with a strong global presence.

“I want to first congratulate you on the great work done on the Medical Platforms project. Thank you so much for all your efforts.”

- One of the largest cosmetics company in the world.

“Thank you very much. I really appreciate the work your team has done. I feel very comfortable recommending your services to some of the other startups that I’m working with, and will likely establish a good long partnership with you.”

- U.S. based startup operating in the cultivated meat market.

“We received the below report on the U.S. market from you. We were very satisfied with the report.”

- Global hearing aids manufacturer.

“I just finished my first pass-through of the report. Great work! Thank you!”

- U.S. based solar racking solutions provider.

“Thanks again for the great work on our last partnership. We are ramping up a new project to understand the imaging and imaging service and distribution market in the U.S.”

- World’s leading advisory firm.

“We feel positive about the results. Based on the presented results, we will do strategic review of this new information and might commission a detailed study on some of the modules included in the report after end of the year. Overall we are very satisfied and please pass on the praise to the team. Thank you for the co-operation!”

- Germany based machine construction company.

“Thank you very much for the very good report. I have another requirement on cutting tools, paper crafts and decorative items.”

- Japanese manufacturing company of stationery products.

“We are happy with the professionalism of your in-house research team as well as the quality of your research reports. Looking forward to work together on similar projects”

- One of the Leading Food Companies in Germany

“We appreciate the teamwork and efficiency for such an exhaustive and comprehensive report. The data offered to us was exactly what we were looking for. Thank you!”

- Intuitive Surgical

“I recommend Fortune Business Insights for their honesty and flexibility. Not only that they were very responsive and dealt with all my questions very quickly but they also responded honestly and flexibly to the detailed requests from us in preparing the research report. We value them as a research company worthy of building long-term relationships.”

- Major Food Company in Japan

“Well done Fortune Business Insights! The report covered all the points and was very detailed. Looking forward to work together in the future”

- Ziering Medical

“It has been a delightful experience working with you guys. Thank you Fortune Business Insights for your efforts and prompt response”

- Major Manufacturer of Precision Machine Parts in India

“I had a great experience working with Fortune Business Insights. The report was very accurate and as per my requirements. Very satisfied with the overall report as it has helped me to build strategies for my business”

- Hewlett-Packard

“This is regarding the recent report I bought from Fortune Business insights. Remarkable job and great efforts by your research team. I would also like to thank the back end team for offering a continuous support and stitching together a report that is so comprehensive and exhaustive”

- Global Management Consulting Firm

“Please pass on our sincere thanks to the whole team at Fortune Business Insights. This is a very good piece of work and will be very helpful to us going forward. We know where we will be getting business intelligence from in the future.”

- UK-based Start-up in the Medical Devices Sector

“Thank you for sending the market report and data. It looks quite comprehensive and the data is exactly what I was looking for. I appreciate the timeliness and responsiveness of you and your team.”

- One of the Largest Companies in the Defence Industry
We use cookies to enhance your experience. By continuing to visit this site you agree to our use of cookies . Privacy.