Press release
Exhaust Gas Recirculation (EGR) Valve Market Airtex Vehicle Electronics, Automotive LLP, BorgWarner Inc., Cambustion Ltd., Delphi ANSYS Inc., DENSO Europe B.V., Friedrich Boysen GmbH & Co. KG, IAV GmbH, Mahle GmbH, and Wells Vehicle Electronics.
Exhaust Gas Recirculation (EGR) valves are used in internal combustion engines. The mechanism refers to a technique that helps in reducing the emissions caused due to combustion of diesel and gasoline. Exhaust gas is allowed to pass back to the engine cylinder thereby, reducing resultant emissions and allowing it to be utilized by engine. In case of diesel engines, the exhaust gas changes the parts of the oxygen that is excess in the mixture of pre-combustion.Download PDF Brochure of Research Report: https://www.coherentmarketinsights.com/insight/request-pdf/1557
Rising need for fuel efficient and eco-friendly vehicles is driving growth of the market
Increasing scarcity of fossil fuels and rising awareness regarding the harmful emission of gases is expected to be major factor for growth of the market.. This has resulted in development of alternatives to conventional fuels such as diesel, petrol, and gasoline. However, research for this is time consuming and it would take time for implementation and adoption.
Other features that are boosting growth of the EGR valve market are its ability to reduce temperature levels in the combustion chamber and ensure steps aimed at improving engine efficiency and fuel economy. Using cooled EGR valves allows pumping of gas and helps engine run more efficiently, improves combustion timing for a slow burn without knocking and helps in preventing usage of fuel/air mixtures, which conserves fuel.
Global Exhaust Gas Recirculation Valve Market: Regional Insights
North America held a dominant position in the global exhaust gas recirculation market in 2016, and is expected to retain its dominance throughout the forecast period. The features that are helping growth of EGR valves market in the region are; it helps improve the engine’s life by reducing temperature in the combustion chamber, decreases fuel consumption and aims to improve engine efficiency.
The market in Asia Pacific is estimated to exhibit the highest CAGR over the forecast period. This is attributed to increasing per capita income in the region (according to World Bank report), which is boosting growth of vehicles market and is in turn affecting growth of the EGR valves market.
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Global Exhaust Gar Recirculation Valve Market: Competitive Background
Major players operating in the exhaust gas recirculation market are Airtex Vehicle Electronics, Automotive LLP, BorgWarner Inc., Cambustion Ltd., Delphi ANSYS Inc., DENSO Europe B.V., Friedrich Boysen GmbH & Co. KG, IAV GmbH, Mahle GmbH, and Wells Vehicle Electronics.
Global Exhaust gas Recirculation Valve Market: Taxonomy
On basis of valve type
• Electric EGR Valve
• Pneumatic EGR Valve
On basis of vehicle type
• Heavy Commercial Vehicle (HCV)
• Light Commercial Vehicle (LCV)
• Passenger Cars
• Others
On basis of application
• Gasoline Engine
• Diesel Engine
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