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Automotive Exhaust Gas Recirculation Market Analysis and Forecast to 2033: COVID-19 and Post-COVID Impact, Opportunities and Trends

07-30-2024 08:11 AM CET | Logistics & Transport

Press release from: Evolve Business Intelligence

Evolve Business Intelligence

Evolve Business Intelligence

The Automotive Exhaust Gas Recirculation (EGR) Market was valued at US$ 1.63 billion in 2020 and is projected to grow at a compound annual growth rate (CAGR) of 8.39% from 2021 to 2028. This growth is driven primarily by increasing concerns about environmental pollution and stringent environmental regulations. As global awareness of air quality and climate change intensifies, governments and regulatory bodies worldwide are implementing more rigorous emission standards for vehicles. These regulations mandate the reduction of nitrogen oxide (NOx) emissions, which EGR systems are specifically designed to address. By recirculating a portion of the exhaust gases back into the engine's intake, EGR systems effectively reduce NOx emissions, making them crucial components in modern vehicles. The automotive industry's shift towards more sustainable practices and the continuous advancement in EGR technology further bolster market growth.

For More Information: https://evolvebi.com/report/automotive-exhaust-gas-recirculation-market-analysis/

The report includes 10 key players in the Automotive Exhaust Gas Recirculation market ecosystem that have been strategically profiled, along with the market ranking/share for major players. The key players profiled in the report are:
• BorgWarner
• Delphi
• Continental AG
• KSPG
• Klubert + Schmidt
• Eberspacher
• Gits Manufacturing
• Denso
• Korens
• Mahle

The competitive landscape of the Automotive Exhaust Gas Recirculation (EGR) market features a range of prominent companies, each leveraging their technological expertise and market presence to gain a competitive edge. Key players in the market include BorgWarner, Delphi, Continental AG, KSPG, Klubert + Schmidt, Eberspacher, Gits Manufacturing, Denso, Korens, and Mahle. These companies are focusing on innovation, strategic partnerships, and geographical expansion to strengthen their positions. BorgWarner and Delphi are leading the charge with advanced EGR systems that enhance fuel efficiency and reduce emissions. Continental AG and KSPG are also significant contributors, offering robust and reliable EGR solutions. Klubert + Schmidt and Eberspacher focus on specialized EGR components, while Gits Manufacturing provides precision-engineered solutions tailored to meet stringent emission standards. Denso and Mahle leverage their extensive automotive industry experience to develop integrated EGR systems, and Korens focuses on expanding its market reach in emerging economies.

For sample report pages - https://evolvebi.com/report/automotive-exhaust-gas-recirculation-market-analysis/

Market Segment By Product Type with focus on market share, consumption trend, and growth rate of Automotive Exhaust Gas Recirculation Market:
o EGR cooler
o EGR valve
o EGR pipe

Market Segment by Application with focus on market share, consumption trend, and growth rate of Automotive Exhaust Gas Recirculation Market:
o Gasoline-powered vehicle
o Diesel-powered vehicle

Market Segment By vehicle type with a focus on market share, consumption trend, and growth rate of Automotive Exhaust Gas Recirculation Market:
o Heavy commercial vehicle
o Light commercial vehicle
o Passenger car

Global Automotive Exhaust Gas Recirculation Geographic Coverage:
• North America
o US
o Canada
o Mexico

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Benelux
o Nordic
o Rest of Europe

• Asia Pacific
o China
o Japan
o South Korea
o Indonesia
o Austalia
o Malaysia
o India
o Rest of Asia Pacific

• South America
o Brazil
o Argentina
o Rest of South America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of the Middle East & Africa

For any customization, contact us through - https://evolvebi.com/report/automotive-exhaust-gas-recirculation-market-analysis/

Key Matrix for Latest Report Update
• Base Year: 2023
• Estimated Year: 2024
• CAGR: 2024 to 2034

Evolve Business Intelligence
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India
Contact: +91 635 396 3987
Email: sales@evolvebi.com
Website: https://evolvebi.com/

Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.

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