Press release
Global Exhaust Gas Recirculation (EGR) Valve Market Insights - Industry Share, Sales Projections, and Demand Outlook 2024-2030-3M,RTP Company,Parker Hannifin
"Market players, stakeholders, and other interested parties are the best receivers of trusted insights and strategic advice that the report provides to help them achieve their mission-critical priorities when operating in the global Exhaust Gas Recirculation (EGR) Valve market. The experienced research analysts who have authored the report offer useful guidance to capitalize on market opportunities that matter the most. The guidelines offered in the report also help to find effective solutions to certain business issues related to the global Exhaust Gas Recirculation (EGR) Valve market. With strong data and metrics, verified peer-driven research, and forward-thinking insights, the analysis provided in the report helps to make the right business decisions.
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In internal combustion engines, exhaust gas recirculation (EGR) is a emissions reduction technique used in petrol/gasoline and diesel engines to reduce nitrogen oxide. EGR works by recirculating a part of an engine""s exhaust gas back to the engine cylinders. In the case of gasoline engines, this inert exhaust displaces an amount of combustible gas from the cylinder. In diesel engines, the exhaust gas replaces parts of the excess oxygen in the pre-combustion mixture. The fuel mixture combusts, causing clatter of valves and damages the engine. Allowing small amounts of gas into the chamber reduces the temperature. Regulating the exhaust is done by the EGR Valve. EGR technology offers automobile producers a reliable, compact and cost-effective method to improve fuel efficiency and reduce emissions, and is fast catching up the standard solution for gasoline hybrid propulsion systems. It increases the output of the fuel. The EGR Valve Minimizes throttling losses reduce chemical disassociation, reduces heat reduction.
The global Exhaust Gas Recirculation (EGR) Valve market was valued at US$ 990 million in 2023 and is anticipated to reach US$ 1500 million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.
The major manufacturers of Exhaust Gas Recirculation (EGR) Valve include BorgWarner, Denso, Rheinmetall Automotive, Continental, Mahle, and Delphi, with the top three accounting for more than 25%.
Europe is the leading market with a market share of about 40%, followed by North America and China with about 20% each.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Exhaust Gas Recirculation (EGR) Valve, 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 Exhaust Gas Recirculation (EGR) Valve.
The Exhaust Gas Recirculation (EGR) Valve market size, estimations, and forecasts are provided in terms of sales quantity (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Exhaust Gas Recirculation (EGR) Valve 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 Exhaust Gas Recirculation (EGR) Valve manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
BorgWarner
Denso
Rheinmetall Automotive
Continental
Mahle
Delphi
Korens
Keihin
Longsheng Technology
Eberspacher
Faurecia
Yibin Tianruida
MEET Automotive
Klubert + Schmidt
Zhejiang Jiulong
Gits Manufacturing
Yinlun Machinery
Segment by Type
Gasoline EGR Valve
Diesel EGR Valve
Segment by Application
Passenger Vehicles
Commercial Vehicles
Non-road Usage
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Exhaust Gas Recirculation (EGR) Valve manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Sales, revenue of Exhaust Gas Recirculation (EGR) Valve in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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