Automotive Exhaust Gas Recirculation System Market 2018 Global Leading Players: Mahle, Wells Vehicle, BorgWarner, Cambustion, Delphi, Denso, Eberspacher, ElringKlinger, IAV automotive, Wells Vehicle, and Friedrich Boysen

Automotive Exhaust Gas Recirculation System Market is growing at strategic compound annual growth rate by the forecast period of 2018 to 2023.  Automotive Exhaust Gas Recirculation System Market Research Report- Forecast 2023 is latest research report on Global Automotive Exhaust Gas Recirculation System Industry published by “Market Research Future”.  Global Automotive Exhaust Gas Recirculation System market is Analyzed BY Product Type (EGR Valve, EGR Cooler and EGR Pipe), By Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), By Application (Diesel-Powered Vehicle and Gasoline-Powered Vehicle) and By Region

Automotive Exhaust Gas Recirculation System Market Key Company Analyzed In Report Are:

Mahle GMBH (Germany), Wells Vehicle Electronics (US), BorgWarner Inc (US), Cambustion Ltd (UK), Delphi ANSYS Inc (UK), Denso Corporation (Japan), Eberspacher Group (Germany), ElringKlinger AG (Germany), IAV automotive engineering (Germany), Wells Vehicle Electronics (US), and Friedrich Boysen GmbH (Germany).

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Automotive Exhaust Gas Recirculation System Global Market Highlights:

Automotive exhaust gas recirculation (EGR) system is a technique, which helps in reducing and controlling the nitrogen oxide emission in gasoline as well as diesel powered vehicles. The engine equipped with EGR system has the ability to reduce the oxygen in the combustion chamber with increased heat capacity ratio of inert gas such as H2O and CO2. There are various emission legislation for light-duty vehicles, heavy-duty engines, and non-road engines that regulates the exhaust gas recirculation system. Euro 1/2 (1992/96), Euro 3/4 (2000/05), Euro VI (2013), Euro V (2008), IMO Tier III (2016) are some of the legislation that regulates the EGR system.

The automotive exhaust gas recirculation (EGR) systems market is completely dependent on the automobile industry. Thus, the increasing or decreasing demand of the automotive industry directly has an impact on the market. The total volume of four wheeler production, across the globe, in 2015, was almost 90 million units and is expected to witness further boost, and reach more than 100 million units, by the year 2020. Moreover, the increase in the sales of new vehicles has mainly been because of competitive and diverse options available for finance. The availability of finance has eased the purchase of vehicles, due to which there has been a rise in the use of automotive exhaust gas recirculation (EGR) systems. Another factor responsible for the increase in vehicle sales is the macroeconomic development and the rise in the global middle class consumers. This is the primary factor that drives the growth of the automotive exhaust gas recirculation (EGR) systems market and has gained prevalence in the recent times, with technological developments and rapidly increasing disposable income among consumers.

EGR has limitation due to the availability of closed substitute such as Selective Catalytic Reduction (SCR). SCR technology uses less fuel since the engine is tuned to cut NOx and can instead be set up for performance and economy. Stringent emission norms such as Euro VI have forced vehicle OEMs to employ high end after-treatment systems such as SCR, lean NOx traps (LNT) and exhaust gas recirculation (EGR). However, European OEMs such as Daimler, Volkswagen, PSA Peugeot Citroën and Renault Nissan are especially adopting SCR technology for larger segment engines.

Automotive Exhaust Gas Recirculation System Regional Market Analysis:

The presence of most populous countries of the world such as China and India has dominated APAC region becomes evident in the global automotive exhaust gas recirculation (EGR) systems market value. The market has been experiencing rapid growth in the last two years, owing to the rising sales of passenger cars, emerging economies, shifting of global players and technological advancements are giving much needed thrust to the automotive exhaust gas recirculation (EGR) systems market. Another major reason behind APAC leading the global market is that the countries within this region were able to sustain its economy during the global economic crisis of 2008-09 and have been able to showcase continued growth in automobile production and sales across the globe. Japan Automobile Manufacturers Association (JAMA), through a survey conducted in the fiscal year 2013 (year ended March 2014), revealed that the passenger car ownership among responding households stood at 82%. The increasing sales of medium end vehicles has been identified as driving the automotive exhaust gas recirculation (EGR) systems market in the country

Automotive Exhaust Gas Recirculation System Market By Segmentation:

The Global Automotive Exhaust Gas Recirculation (EGR) System Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Product Type: Comprises EGR Cooler, EGR Valve, and EGR Pipe

Segmentation by Vehicle Type: Comprises passenger vehicle, light commercial vehicle, heavy and commercial vehicle.

Segmentation by Application: Comprises Gasoline and Diesel

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

List of Tables:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

Continued...

List of Figures:

FIGURE 1 Research Process Of MRFR

FIGURE 2 Top Down & Bottom Up Approach

FIGURE 3 Market Dynamics

FIGURE 4 Impact Analysis: Market Drivers

FIGURE 5 Impact Analysis: Market Restraints

FIGURE 6 Porter’s Five Forces Analysis

FIGURE 7 Value Chain Analysis

Continued...

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