Global Automotive Exhaust Gas Recirculation (EGR) Systems Market Growth 2023-2029

Global Automotive Exhaust Gas Recirculation (EGR) Systems Market Growth 2023-2029

Product Code:455427

Published Date: Feb 08,2023

Pages: 119

Region: Global

Category: Machinery & Equipment

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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.

LPI (LP Information)' newest research report, the “Automotive Exhaust Gas Recirculation (EGR) Systems Industry Forecast” looks at past sales and reviews total world Automotive Exhaust Gas Recirculation (EGR) Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Exhaust Gas Recirculation (EGR) Systems sales for 2023 through 2029. With Automotive Exhaust Gas Recirculation (EGR) Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Exhaust Gas Recirculation (EGR) Systems industry.

This Insight Report provides a comprehensive analysis of the global Automotive Exhaust Gas Recirculation (EGR) Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Exhaust Gas Recirculation (EGR) Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Exhaust Gas Recirculation (EGR) Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Exhaust Gas Recirculation (EGR) Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Exhaust Gas Recirculation (EGR) Systems.

The global Automotive Exhaust Gas Recirculation (EGR) Systems market size is projected to grow from US$ 2581.6 million in 2022 to US$ 3966.6 million in 2029; it is expected to grow at a CAGR of 3966.6 from 2023 to 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 presents a comprehensive overview, market shares, and growth opportunities of Automotive Exhaust Gas Recirculation (EGR) Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    EGR Cooler
    EGR Valve
    EGR Pipe

Segmentation by application
    Passenger Car
    Commercial Vehicle

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    BorgWarner
    Rheinmetall Automotive
    Vitesco Technologies
    Korens
    Valeo
    Maruyasu Industries
    Mahle
    Aisan
    Denso
    Delphi
    Keihin Corporation
    Tenneco
    Klubert + Schmidt
    Mitsubishi Electric
    Longsheng Technology
    TENGLONG

Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Exhaust Gas Recirculation (EGR) Systems market?
What factors are driving Automotive Exhaust Gas Recirculation (EGR) Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Exhaust Gas Recirculation (EGR) Systems market opportunities vary by end market size?
How does Automotive Exhaust Gas Recirculation (EGR) Systems break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?