Exhaust Heat Recovery System Market Size & Share for Automotive- Industry Trend and Forecast 2018 - 2026

The report analyzes and presents an overview of "Exhaust Heat Recovery System Market for Automotive - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2026" worldwide.

The main objective of this report is to define, describe, and forecast the global “Exhaust Heat Recovery System Market for Automotive” market on the basis of types of applications, major sectors, deployment models, organization size, and regions. The report contains an analysis of the major factors influencing the growth of the market (drivers, restraints, opportunities, and challenges). It aims to strategically analyze the micromarkets with respect to individual growth trends, prospects, and their contribution to the market. The report attempts to forecast the market size for 5 major regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America. It contains key vendor profiles and comprehensively analyzes their core competencies. The report also tracks and analyzes competitive developments, including partnerships, collaborations, acquisitions, new product developments, and R&D activities in the market.

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An automotive exhaust heat recovery system turns the thermal losses contained in the engine exhaust into energy. The output of this system is either electric energy stored in a battery or mechanical energy transferred to the crankshaft. Utilization of this system is a prominent method of increasing fuel efficiency and decreasing the pollution, simultaneously; hence, vehicle manufacturers have great interest over research and development related to this system. The exhaust heat recovery system is used either on a conventional vehicle or hybrid vehicle. This system cannot be used on electric vehicles, as they do not emit any exhaust gases. Numerous research and development activities have been carried out on engines, yet the maximum achievable efficiency is 45% for a diesel engine. For other engines, the maximum achievable efficiency is 35%. Rest all heat is lost as pumping losses, friction losses, cooling losses, exhaust losses, and accessories. Losses in an exhaust pipe comprise thermal losses, kinetic losses, chemical losses, and latent heat losses; however, major losses amongst these are thermal losses and kinetic losses. The heat lost in the exhaust cannot be recovered entirely; however, a portion of this heat is recovered by employing the exhaust heat recovery system.

The key driver of the automotive exhaust heat recovery system is its capability of reducing pollution. Governing bodies of various countries, manufacturers, and consumers are focusing on research and development related to reducing pollution, due to the rise in level of pollution and the increase in number of vehicles. Demand for exhaust heat recovery system is increasing, globally, as it is a highly effective system that helps utilize the exhaust and reduce pollution. Another key driver of the exhaust heat recovery system is stringent government norms. Several countries have legislation on carbon dioxide emission owing to the increase in level of atmospheric carbon dioxide. Consequently, the demand for waste exhaust heat recovery system is increasing. Another key driver for the exhaust heat recovery system market is the reduced size of components. As the system increases fuel efficiency of engine, requirement of large sized components also decreases. This, in turn, reduces the cost as well power required for those components.

A key restraint of the automotive exhaust heat recovery system market is its cost. The system adds to the cost of the vehicle; hence, buyers prefer to ignore the system. Another restraint is the lower level of awareness among consumers. Consumers are likely to prefer adopting an exhaust heat recovery system for their vehicles if awareness is created.

The global automotive exhaust heat recovery system market can be segmented based on technology, purpose, vehicle type, sales channel, and geography. In terms of purpose the market is segregated into three segments. All the segments are preferred over different levels. Mostly the exhaust is used for exhaust gas recirculation purpose. In this the exhaust is recirculated with the fresh intake air, so as to increase the temperature of intake charge. This increases the efficiency of the engine.

In terms of technology the exhaust heat recovery market can be divided into four segments. The mechanical turbo compounding segment is witnessing significant demand for exhaust heat recovery systems. This segment has greater advantages, as compared to other three segments; hence, it is being widely utilized in vehicles. In mechanical turbo compounding, the exhaust gas is used to run a compressor, which increases the density of the intake air. Increased density of the intake increases the power output of the engine.

Based on vehicle type, the automotive exhaust heat recovery system can be segmented into three categories. The passenger vehicle segment holds a prominent share of the market, owing to the large number of passenger vehicles. It has been forecasted that the demand for passenger vehicles will be high in the future, which has great opportunities for exhaust heat recovery system market.

Based on sales channel the market is classified into two segments. The OEM segment is prominent segment amongst both. Long term contract between OEMs and the suppliers, brand quality and brand name, these are few factors those are driving the OEM segment in the exhaust heat recovery system market for automotive.

Based on geography, the automotive fuel Injector market can be segmented into five prominent regions. Europe witnesses the enactment of stringent laws regarding vehicle emission, which boosts the demand for exhaust heat recovery systems in the region.

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Increased pollution and awareness about the same among consumers has presented numerous opportunities for manufacturers of exhaust heat recovery systems. Key players operating in the global automotive exhaust heat recovery system market include Robert Bosch GmbH, Continental AG, Aptiv, Hitachi Ltd., DENSO CORPORATION, Bosal, Faurecia, Cummins Inc., Tenneco Inc, Borgwarner Inc., Autoliv Inc., and Ihi Corporation.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:

North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market

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