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Automotive Exhaust Gas Recirculation (EGR) Systems Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Automotive Exhaust Gas Recirculation (EGR) Systems Market SizeThe global Automotive Exhaust Gas Recirculation (EGR) Systems market was valued at US$ 2639 million in 2022 and is anticipated to reach US$ 4013.9 million by 2029, witnessing a CAGR of 6.1% during the forecast period 2023-2029.
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Automotive Exhaust Gas Recirculation (EGR) Systems Market
Exhaust gas recirculation systems are used to reduce nitrogen oxide emission to protect the environment. In exhaust gas recirculation systems, a very small amount of exhaust gas is allowed to leak into the intake manifold to reduce formation of nitrogen oxide. Approximately 6 to 10% of the total exhaust is allowed to leak into the manifold. This dilutes the air and fuel mixture in the combustion chamber and creates a cooling effect. By adding exhaust gas, combustion temperature is kept below 1500°C to minimize the reaction between nitrogen and oxygen which forms nitrogen oxide.
In exhaust gas recirculation system, a small calibrated leak or passage is created between the intake and exhaust manifold. The exhaust gas is sucked into the engine by intake vacuum. The amount of recirculation should be controlled to avoid any effect on idle quality, engine performance and drivability. The exhaust gas recirculation system helps to lower the emission from car exhaust. An exhaust gas recirculation valve is located in the engine compartment that controls the amount of exhaust gas intake. These systems are required by most engines to meet emissions standards. Recirculation of exhaust gas also helps in complete combustion of fuel. However, if the exhaust gas valves get stuck, it will cause nitrogen gas oxide buildup. Fuel mileage of the vehicle will also suffer. Other problems that can be observed are rough idle and bucking on acceleration.
The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
At present, the leading companies in the market are BorgWarner, Rheinmetall Automotive, Vitesco Technologies, Korens and Valeo, this top 5 player occupied about 52% market share in 2019.
In terms of product category, Automotive Exhaust Gas Recirculation (EGR) Systems can be generally divided into three categories: EGR cooler, EGR valve and EGR pipe. In 2019, the market share of EGR cooler is the largest, about 47%.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Automotive Exhaust Gas Recirculation (EGR) Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Exhaust Gas Recirculation (EGR) Systems.
The Automotive Exhaust Gas Recirculation (EGR) Systems market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Automotive Exhaust Gas Recirculation (EGR) Systems market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Exhaust Gas Recirculation (EGR) Systems manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
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Segment by Type
• EGR Cooler
• EGR Valve
• EGR Pipe
Segment by Application
• Passenger Car
• Commercial Vehicle
By Company
BorgWarner, Rheinmetall Automotive, Vitesco Technologies, Korens, Valeo, Maruyasu Industries, Mahle, Aisan, Denso, Delphi, Keihin Corporation, Tenneco, Klubert + Schmidt, Mitsubishi Electric, Longsheng Technology, TENGLONG
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