Vehicles create the energy while executing various functions. The energy generated by the vehicles can be used for providing additional power to the engine and other vehicle parts. The vehicle converts 25-30% of its fuel energy to move the vehicle, and the rest of the energy is wasted through the radiator and engine exhaust. To convert the heat extracted from hot exhaust gases into electrical power, exhaust energy recovery system is used.
Automotive energy recovery systems increase the energy optimization of the vehicle. For instance, the regenerative braking system uses electric motor to generate electricity by utilizing the kinetic energy. In the process, regenerative braking system devices convert kinetic energy to electrical energy to reduce the vehicle speed, electrochemical battery or a flywheel are used to store the energy stored through regenerative braking. The stored energy is reused for various vehicle functionalities.
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To recover the energy, the kinetic energy recovery system is used. The energy can be recovered from the kinetic energy generated after the brakes are applied to the moving vehicle, and this energy can be stored using a flywheel and battery. The recovered energy can be used later, during the vehicle acceleration.
Automotive energy recovery systems are seeing the traction in the market, due to the operational advantages it provides to the vehicle and customer.
Automotive Energy Recovery Market: Drivers and Challenges
Globally, in last 5-10 years, the fuel prices have grown by approximately 4-9% on the year on year basis. Original equipment manufacturers of automotive are promoting their products by boasting the fuel efficient quotient. Globally, the preferences of the customers are changing, and these days fuel efficient and improved performance vehicles are preferred by the customers. Due to this, there is a...