Global Automotive Exhaust Gas Recirculation (EGR) Systems Market was valued at US$ xx Mn. in 2019 and the total revenue is expected to grow about 8.8% from 2020 to 2027, reaching US$ xx Mn. during a forecast period.
The report includes the analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Automotive Exhaust Gas Recirculation (EGR) Systems Market
Global Automotive Exhaust Gas Recirculation (EGR) Systems Market: Overview
Global Automotive Exhaust Gas Recirculation (EGR) System is getting popular because of the use of a sensor that plays an important role in controlling vehicle emission systems. Controlling vehicle emission is becoming necessity; hence new emission control system demand is increasing, also the vehicle emission norms are getting stringent and the manufacturers need to comply the norms driving the Global Market.
Recirculation of the engine exhaust gas and sent back to engine cylinder the system is called as EGR (Exhaust Gas Recirculation). The EGR system reduces the temperature of the engine and reduces NOx emission.
Global Automotive Exhaust Gas Recirculation (EGR) Systems Market is segmented by product type into the EGR cooler, EGR valve, and EGR pipe. The EGR valve segment has the highest market share in 2019, followed by EGR pipes and EGR cooler. Manufacturers need to comply with the new emission limits, owing to the regulations companies are installing cooled exhaust gas recirculation (EGR) to reducing nitrogen oxide emissions (NOx) in internal combustion engines.
Global Automotive Exhaust Gas Recirculation (EGR) Systems Market1
The Automotive Exhaust Gas Recirculation (EGR) Systems is very useful in recirculating gases emitting from a vehicle to reuse in a vehicle combustion system.
Governments all over the world signed various norms to reduce air pollution caused by the emission of vehicle fuel. Worldwide Harmonized light vehicle test procedure, this process used by region, Europe, countries in APAC like Japan, India, China, and South Korea made mandatory use of Harmonize test that will help in the reduction of fuel emission and increase Global Automotive Exhaust Gas Recirculation (EGR), Systems Market.
OEMs across the world are trying to build fuel-efficient automobiles. These measures taken by the automotive industries are expected to propel the market of Global Automotive Exhaust Gas Recirculation (EGR) Systems.
Major restraints and challenges in the growth of the Automotive Exhaust Gas Recirculation (EGR) Systems market are the availability of substitutes, strict government, and pricing pressure regulations for certification of automotive exhaust gas recirculation (EGR) systems.
The Global Automotive Exhaust Gas Recirculation (EGR) Systems Market is segmented into various regions such as North America, Europe, Middle East & Africa, South America, and the Asia Pacific. Asia-Pacific region has dominance over the Global Automotive Exhaust Gas Recirculation (EGR) Systems Market owing to the largest market for passenger vehicles and commercial vehicles.
The Asia-Pacific region is the largest and fastest-growing region because of the presence of developing economies such as China, Japan, India, and South Korea. In addition, that several automakers shifted their focus to the Asia Pacific region followed by Europe and North America. Moreover, several automotive giants have shifted their focus in this region and have planned to expand their operations in the APAC region, owing to factor are majorly driving the growth of Automotive Exhaust Gas Recirculation (EGR) Systems Market.
North America is a major market for an automotive exhaust gas recirculation (EGR) system that is anticipated to grow with increasing automobile demand. The US region is showing immense growth in demand for commercial vehicles. The growth of the commercial vehicle market is highly driving the growth of the North American market. The presence of major automotive EGR systems manufacturers in North America and the adoption of advanced technologies is driving the market.
The report also helps in understanding Automotive Exhaust Gas Recirculation (EGR) Systems Market dynamics, structure by analyzing the market segments and projects the Automotive Exhaust Gas Recirculation (EGR) Systems Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Automotive Exhaust Gas Recirculation (EGR) Systems Market makes the report investor’s guide.
Scope of the Automotive Exhaust Gas Recirculation (EGR) Systems Market
By Product Type
- EGR cooler
- EGR valve
- EGR pipe
- First generation
by Vehicle Type
- Commercial Vehicles
- Passenger Vehicles
- Asia Pacific
- North America
- South America
- Middle East & Africa
- Mahle GmbH
- Wells Vehicle Electronics
- BorgWarner Inc
- Combustion Ltd
- Delphi ANSYS Inc
- DENSO Europe BV
- Eberspächer Climate Control Systems GmbH & Co. KG
- Friedrich Boysen GmbH & Co. KG
- ElringKlinger AG, and IAV GmbH.
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