Press release
Worldwide Exhaust gas recirculation (EGR) Market Size Key Players – BorgWarner, Denso, Rheinmetall Automotive, Continental, Delphi, Korens, Mahle, Keihin, Eberspacher, Faurecia, Tenneco, Longsheng Technology, MEET Automotive, Klubert + Schmidt, Yibin Ti
Exhaust gas recirculation (EGR) is a NOx emission control technique applicable to a wide range of diesel engines from light-, medium- and heavy-duty diesel engines right up to two-stroke low-speed marine engines. The configuration of an EGR system depends on the required EGR rate and other demands of the particular application.
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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BorgWarner, Denso, Rheinmetall Automotive, Continental, Delphi, Korens, Mahle, Keihin, Eberspacher, Faurecia, Tenneco, Longsheng Technology, MEET Automotive, Klubert + Schmidt, Yibin Tianruida, Gits Manufacturing, Zhejiang Jiulong, Yinlun Machinery
According to the report, one of the key drivers of the market is the regulation of NOx emission from diesel and gasoline engines. To comply with rigorous NOx emission regulations, a combination of NOx reduction catalysts and EGR systems is used. Vehicles in European countries undergo stringent checks for compliance with emission standards. Japan and the US have adopted similar regulations. Governments issue such emission regulations to reduce the effects of harmful gases on human health and the environment. The primary aim of these legislations is to reduce the release of NOx and PM from the vehicle's fuel.
At present, the leading companies in the market are BorgWarner, Denso, Rheinmetall Automotive, Delphi and Continental, this top 5 player occupied about 55% market share in 2016. The market size of global automotive exhaust gas recirculation systems was about 2280 M$ in 2016. In 2013, the consumption of global automotive exhaust gas recirculation valves and coolers grew at a double digit growth rate for the emission regulations effects, while in China, due to the China IV emission standard, the rapid growth in the consumption of automotive exhaust gas recirculation valves occurred in 2014.
The growth of the Global Automotive EGR systems market may be impacted by the increased adoption of SCR over EGR systems technology, which has led to a decrease in the usage of EGR systems. SCR is a technology adopted by many automobile manufacturers, which uses AdBlue to convert excessive NOx gases into water and nitrogen.
The major challenge in this market is the adoption of SCR over EGR in diesel engines. SCR is a technology that converts the excessive NOx gases produced in the engine to water and nitrogen. It enables the engine to operate under optimized combustion conditions such as high temperature, high peak pressure, and excess oxygen.
According to this study, over the next five years the Automotive EGR System market will register a 6.8% CAGR in terms of revenue, the global market size will reach US$ 3630 million by 2024, from US$ 2450 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive EGR System business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive EGR System market by product type, application, key manufacturers and key regions and countries.
This study considers the Automotive EGR System value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
EGR Valves
EGR Coolers
EGR Sensors
ECU
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Diesel Engine
Gasoline Engine
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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automotive EGR System consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Automotive EGR System market by identifying its various subsegments.
Focuses on the key global Automotive EGR System manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automotive EGR System with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automotive EGR System submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Contents
2019-2024 Global Automotive EGR System Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automotive EGR System Consumption 2014-2024
2.1.2 Automotive EGR System Consumption CAGR by Region
2.2 Automotive EGR System Segment by Type
2.2.1 EGR Valves
2.2.2 EGR Coolers
2.2.3 EGR Sensors
2.2.4 ECU
2.3 Automotive EGR System Consumption by Type
2.3.1 Global Automotive EGR System Consumption Market Share by Type (2014-2019)
2.3.2 Global Automotive EGR System Revenue and Market Share by Type (2014-2019)
2.3.3 Global Automotive EGR System Sale Price by Type (2014-2019)
2.4 Automotive EGR System Segment by Application
2.4.1 Diesel Engine
2.4.2 Gasoline Engine
2.5 Automotive EGR System Consumption by Application
2.5.1 Global Automotive EGR System Consumption Market Share by Application (2014-2019)
2.5.2 Global Automotive EGR System Value and Market Share by Application (2014-2019)
2.5.3 Global Automotive EGR System Sale Price by Application (2014-2019)
3 Global Automotive EGR System by Players
3.1 Global Automotive EGR System Sales Market Share by Players
3.1.1 Global Automotive EGR System Sales by Players (2017-2019)
3.1.2 Global Automotive EGR System Sales Market Share by Players (2017-2019)
3.2 Global Automotive EGR System Revenue Market Share by Players
3.2.1 Global Automotive EGR System Revenue by Players (2017-2019)
3.2.2 Global Automotive EGR System Revenue Market Share by Players (2017-2019)
3.3 Global Automotive EGR System Sale Price by Players
3.4 Global Automotive EGR System Manufacturing Base Distribution, Sales Area, Product Types by Players
3.4.1 Global Automotive EGR System Manufacturing Base Distribution and Sales Area by Players
3.4.2 Players Automotive EGR System Products Offered
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