The Future of Automotive Gasoline EGR Systems Market in the forecast period (2019-2024) as predicted by Stratview Research

The report on Automotive Gasoline EGR Systems Market published by Stratview Research focusses on current trend insights and also predicts about the market condition and its future in the forecast period of 2019 - 2024

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Stratview Research has come up with a comprehensive 200-page report on extremely niche but highly promising Gasoline EGR (Exhaust Gas Recirculation) market in the automotive industry. The report firstly estimated the penetration of gasoline EGR systems in different vehicle types for the past five-year period and forecast its expected penetration for the period of 2019 to 2024 based on current market realities, changing competitive dynamics, and future market possibilities. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies in order to expedite their growth process.

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VehicleType Segment

The market is segmented based on the vehicle type as passenger car and commercial vehicles. Passenger car is expected to remain the dominant segment of the automotive gasoline EGR systems market during the forecast period and is also likely to exhibit faster growth during the same period. Increasing production of passenger cars, especially in the developing economies including China and India and the introduction of stringent regulations regarding emissions are creating a gargantuan demand for EGR systems in passenger car’s gasoline engines.

Pressure Type Segment

Based on the pressure type, the market is segmented as high-pressure and low-pressure EGR systems. High-pressure EGR system is expected to remain the larger segment of the market over the next five years. High-pressure EGR system is used at lower engine speeds and load and it is more suitable for transient operation as it is not linked with long air paths.

Region Wise Segment

In terms of regions, Europe is projected to remain the largest automotive gasoline EGR systems market during the forecast period in terms of both value and volume. However, Asia-Pacific is likely to experience the highest growth, driven by China and India, the growth engines for the region’s market.

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Highlights of the Report:
EGR system for gasoline engines roughly accounts for less than one fourth of the total automotive EGR systems market and is likely to be one of the fastest-growing emission reduction technologies in gasoline vehicles in the coming five years. The global automotive gasoline EGR systems market is projected to offer healthy growth opportunities and is likely to reach US$ 1,931.7 million in 2024. Organic growth in automobile production, an increase in penetration of turbochargers in vehicles, and stringent emission standards of different countries are some major factors that are fueling the growth of EGR systems in gasoline vehicles.

EGR system is considered one of the most reliable technologies among various NOx and CO2 emission reduction techniques used in the automotive industry. All the major automakers are incorporating downsized engines to meet the stringent emission regulations imposed by regulatory authorities as well as to rely on customer demand for higher-performance vehicles. The downsized engine generally uses a turbocharger, which increases the density and temperature of the air in the air intake manifold. EGR systems play a vital role in diverting the exhaust gas back to the engine’s intake. Some of the key advantages of the EGR system in gasoline engines are reduced throttling lose, reduced heat rejection, and reduced chemical dissociation. It also reduces the knock limit by a higher compression ratio, providing better fuel economy.

Major players are vigorously aspiring to tap the growing potential of EGR systems in gasoline engine vehicles. The recent move of BorgWarner, the leading player, to supply EGR products for Hyundai’s gasoline engine vehicle models is an example of a successful effort by the company. The automotive industry is still tackling new guidelines of emissions, which require cleaner and efficient engines, which, in turn, has created immense opportunities for tier players to supply EGR systems for various new vehicle models.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
Based on the research, a proper report is crafted with the following key features:
• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Know more about us and our reports:
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