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Automotive Exhaust Gas Recirculation (EGR) Systems Market Set to Surge - Key Insights You Must Know
Automotive Exhaust Gas Recirculation (EGR) Systems Market SizeThe global Automotive Exhaust Gas Recirculation (EGR) Systems revenue was US$ 2639 million in 2022 and is forecast to a readjusted size of US$ 4013.9 million by 2029 with 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.
In India, the Automotive Exhaust Gas Recirculation (EGR) Systems revenue is expected to grow from US$ million in 2022 to US$ million by 2029, at a CAGR of % during the forecast period (2023-2029).
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%.
This report focuses on global and India Automotive Exhaust Gas Recirculation (EGR) Systems market, also covers the segmentation data of other regions in regional level and county level.
India is now the world's most populous country. According to IMF (its July update to its World Economic Outlook), India's GDP growth is projected at 6.1% in 2023, powered by domestic investment. First and foremost, the key factor in India's rapid economic growth is the huge supply and demand from a large population base. Demand and supply sides working in both directions to support India's economic stability.
India is a market full of opportunities, and the demand for Automotive Exhaust Gas Recirculation (EGR) Systems will continue to grow rapidly in the future.
Global Automotive Exhaust Gas Recirculation (EGR) Systems Scope and Market Size
Automotive Exhaust Gas Recirculation (EGR) Systems market is segmented in regional and country, by players, by type and by application. Companies, stakeholders, and other participants in the global Automotive Exhaust Gas Recirculation (EGR) Systems market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by type and by application for the period 2018-2029.
For India market, this report focuses on the Automotive Exhaust Gas Recirculation (EGR) Systems market size by players, by Type and by Application, for the period 2018-2029. The key players include the global and local players, which play important roles in India.
By Type
• EGR Cooler
• EGR Valve
• EGR Pipe
By Application
• Passenger Car
• Commercial Vehicle
Key Companies
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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