Press release
Automotive Exhaust Gas Recirculation System Market Global Growth, Size, Share, Trends 2018 Industry Forecast Report To 2023
Get Sample Copy Of “Automotive Exhaust Gas Recirculation System Market Research Report – Global Forecast to 2023” @ https://www.marketresearchfuture.com/sample_request/4578
Automotive Exhaust Gas Recirculation System 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.
The global automotive exhaust gas recirculation (EGR) system, by region, has been segmented into the four major regions of North America, Europe, Asia Pacific and Rest of the World. Over the last couple of years, the automotive industry has flourished globally, with several technologies emerging in the market. Geographically, Asia Pacific region has been the largest market for automotive exhaust gas recirculation system in 2016, followed by North America and Europe. Asia Pacific region has registered the fastest growing region due to the presence of emerging economies such as China, India, South Korea, and Japan. Moreover, several automotive giants have been focusing on this region, and have planned to expand their operations in the Asia Pacific region. By the end of forecast year, the global market is expected to witness cut throat competition between North America and Europe, in terms of revenue and market share.
For more information on Automotive Exhaust Gas Recirculation System Industry – Global Market Report @ https://www.marketresearchfuture.com/reports/automotive-exhaust-gas-recirculation-market-4578
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Contact Info:
Market Research Future
Office No. 528,
Amanora Chambers Magarpatta Road,
Pune, India.,
sales@marketresearchfuture.com
Phone: +1 646 845 9312
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Exhaust Gas Recirculation System Market Global Growth, Size, Share, Trends 2018 Industry Forecast Report To 2023 here
News-ID: 1404514 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for EGR
EGR Cooler Market Forecast Showing 3.1% CAGR to 2027
In terms of revenue, the global EGR cooler market was valued at US$ 511.6 million in 2019 and is projected to reach US$ 511.6 million by 2027; it is expected to grow at a CAGR of 3.1% during the forecast period from 2020 to 2027.
Exhaust gas recirculation (EGR) helps increase fuel-efficiency and reduce emissions as well as engines' power output by circulating toxic gasses back to the combustion chamber for…
EGR Valve Market Company Profiles, Supply Demand Forecast 2027
The Global “EGR Valve” Market Report 2021 to 2027 could be a fundamental examination of the global analysis. Trending innovation, advertise drivers, sectional declination, analysis measurements, advertise forecasts, manufacturers, and hardware merchants are all included within the substance. The report incorporates a point-by-point examination of the EGR Valve Market as well as empowering advances, current patterns, openings, and obstruction, as well as a self-governing point of view, arrangement models, administrator…
EGR Tube Market 2018: QY Research
QY Research always aims at offering their clients an in-depth analysis and the best research material of the various market. This new report on the global EGR Tube market is committed fulfilling the requirements of the clients by giving them thorough insights into the market. An exclusive data offered in this report is collected by research and industry experts.
Sample link: https://www.qyresearch.com/index/detail/59819/global-egr-tube-market
Key Manufacturers:
The global EGR Tube market report covers…
Exhaust Gas Recirculation (EGR) Valve Market Report 2018: Segmentation by Type ( …
Global Exhaust Gas Recirculation (EGR) Valve market research report provides company profile for Korens, Keihin, Longsheng Technology, Eberspacher, Faurecia, Yibin Tianruida, MEET Automotive, Klubert + Schmidt, BorgWarner, Denso, Rheinmetall Automotive, Continental, Mahle, Delphi and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and…
Automotive EGR Cooler Market: Technological Breakthroughs By 2025
An EGR cooler is used to lower the temperature of the exhaust gases in an IC engine, which are recirculated by the EGR system. EGR, or exhaust gas recirculation, technique is utilized to reduce nitrogen oxide emissions in petrol/diesel engines. The gas circulated by the EGR system can be considerably hot, especially in vehicles equipped with diesel engines. Therefore, several diesel engines are equipped with EGR coolers in order to…
EGR Valves Market Forecasts by Type (Electric EGR Valves and Pneumatic EGR Valve …
EGR is an important component of any automobile engine. It works by recirculating engine exhaust gas back to the engine cylinder. In gasoline engine the exhaust gas displays an amount of combustible gas and in diesel engine the exhaust gas replace the parts of the excess oxygen in pre-combustion mixture. The production of nitrogen oxide is reduced by the EGR and this has the direct effect in cooling the temperature…
