Automotive Exhaust Gas Recirculation System Market – Global Industry Outlook By Size, Trends, Growth, Regional And Competitive Analysis To 2023

Sat Jul 21, 2018 - 1:15pm UTC

Automotive Exhaust Gas Recirculation System Market Report 2018 is latest research report published by Market Research Future, according to study Global the global Automotive Exhaust Gas Recirculation System Market is to grow at 6% CAGR By 2023.

Pune, India – July 21, 2018

Report provides Automotive Exhaust Gas Recirculation System Market Analysis by Product Type (EGR Valve, EGR Cooler and EGR Pipe), Vehicle Type (Passenger Car, Light Commercial Vehicle and Heavy Commercial Vehicle), Application (Diesel-Powered Vehicle and Gasoline-Powered Vehicle) and Region Forecast to 2023.

Automotive Exhaust Gas Recirculation System Industry growth is boosted by factors such as booming automotive industry, expansion of global players into emerging nations and growing urbanization. The major trends and opportunities in the automotive exhaust gas recirculation (EGR) system market are the combination of exhaust gas recirculation (EGR) and selective catalytic reduction (SCR) systems and emerging economies. However, the major challenges that restrain the market growth are the availability of substitute, pricing pressure, and strict government regulations for certification of automotive exhaust gas recirculation (EGR) systems.

Get Sample Copy of Report At: https://www.marketresearchfuture.com/sample_request/4578

Automotive Exhaust Gas Recirculation System Market Key Company Analyzed In Report Are:

Mahle GMBH (Germany), Wells Vehicle Electronics (US), BorgWarner Inc (US), Cambustion Ltd (UK), Delphi ANSYS Inc (UK), Denso Corporation (Japan), Eberspacher Group (Germany), ElringKlinger AG (Germany), IAV automotive engineering (Germany), Wells Vehicle Electronics (US), and Friedrich Boysen GmbH (Germany).

The automotive exhaust gas recirculation (EGR) systems market is completely dependent on the automobile industry. Thus, the increasing or decreasing demand of the automotive industry directly has an impact on the market. The total volume of four wheeler production, across the globe, in 2015, was almost 90 million units and is expected to witness further boost, and reach more than 100 million units, by the year 2020. Moreover, the increase in the sales of new vehicles has mainly been because of competitive and diverse options available for finance. The availability of finance has eased the purchase of vehicles, due to which there has been a rise in the use of automotive exhaust gas recirculation (EGR) systems. Another factor responsible for the increase in vehicle sales is the macroeconomic development and the rise in the global middle class consumers. This is the primary factor that drives the growth of the automotive exhaust gas recirculation (EGR) systems market and has gained prevalence in the recent times, with technological developments and rapidly increasing disposable income among consumers.

EGR has limitation due to the availability of closed substitute such as Selective Catalytic Reduction (SCR). SCR technology uses less fuel since the engine is tuned to cut NOx and can instead be set up for performance and economy. Stringent emission norms such as Euro VI have forced vehicle OEMs to employ high end after-treatment systems such as SCR, lean NOx traps (LNT) and exhaust gas recirculation (EGR). However, European OEMs such as Daimler, Volkswagen, PSA Peugeot Citroën and Renault Nissan are especially adopting SCR technology for larger segment engines.

Automotive Exhaust Gas Recirculation (EGR) System Market Segmentation:

The Global Automotive Exhaust Gas Recirculation (EGR) System Market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Product Type : Comprises EGR Cooler, EGR Valve, and EGR Pipe
Segmentation by Vehicle Type: Comprises passenger vehicle, light commercial vehicle, heavy and commercial vehicle.
Segmentation by Application : Comprises Gasoline and Diesel
Segmentation by Regions: Comprises Geographical regions – North America, Europe, APAC and Rest of the World.

Automotive Exhaust Gas Recirculation (EGR) System Market: Regional Analysis

The presence of most populous countries of the world such as China and India has dominated APAC region becomes evident in the global automotive exhaust gas recirculation (EGR) systems market value. The market has been experiencing rapid growth in the last two years, owing to the rising sales of passenger cars, emerging economies, shifting of global players and technological advancements are giving much needed thrust to the automotive exhaust gas recirculation (EGR) systems market. Another major reason behind APAC leading the global market is that the countries within this region were able to sustain its economy during the global economic crisis of 2008-09 and have been able to showcase continued growth in automobile production and sales across the globe. Japan Automobile Manufacturers Association (JAMA), through a survey conducted in the fiscal year 2013 (year ended March 2014), revealed that the passenger car ownership among responding households stood at 82%. The increasing sales of medium end vehicles has been identified as driving the automotive exhaust gas recirculation (EGR) systems market in the country

List of Tables:

TABLE 1 MARKET SYNOPSIS

TABLE 2 LASER STRIKE CONCERNS

TABLE 3 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)

TABLE 4 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY PRODUCT TYPE, 2016-2023 (USD MILLION)

TABLE 5 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY REGION, 2016-2023 (USD MILLION)

TABLE 6 NORTH AMERICA: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY COUNTRY, 2016-2023 (USD MILLION)

TABLE 7 NORTH AMERICA: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)

TABLE 8 NORTH AMERICA: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY PRODUCT TYPE, 2016-2023 (USD MILLION)

TABLE 9 U.S.: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016-2023 (USD MILLION)

TABLE 10 U.S.: AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY PRODUCT TYPE, 2016-2023 (USD MILLION)

Continued…

List of Figures:

FIGURE 1 KEY TAKEAWAYS OF THE AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET

FIGURE 2 KEY BUYING CRITERIA OF AUTOMOTIVE EXHAUST GAS RECIRCULATIONS

FIGURE 3 RESEARCH PROCESS OF MRFR

FIGURE 4 TOP DOWN & BOTTOM UP APPROACH

FIGURE 5 PORTER’S FIVE FORCES ANALYSIS OF GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET

FIGURE 6 ADVANTAGES OF LASER RANGEFINDERS

FIGURE 7 MAJOR CHEMICALS USED TO CREATE SMOKE SCREENS

FIGURE 8 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016 (% SHARE)

FIGURE 9 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY APPLICATION, 2016 TO 2023 (USD MILLION)

FIGURE 10 GLOBAL AUTOMOTIVE EXHAUST GAS RECIRCULATION MARKET, BY PRODUCT TYPE, 2016 (% SHARE)

Continued…

Browse More on This Report At: https://www.marketresearchfuture.com/reports/automotive-exhaust-gas-recirculation-market-4578

About Us:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Us:

Amanora Chambers,

Magarpatta Road, Hadapsar

Pune – 411028

Maharashtra, India+1 646 845 9312

sales@marketresearchfuture.com

Contact Info:
Name: Abhishek Sawant
Email: sales@marketresearchfuture.com
Organization: Market Research Future
Address: Pune, Amanora Chambers, Hadapsar
Phone: +1 646 845 9312

This content is produced independently of Reuters Editorial News. For content inquiry, please contact reuters@vcnewsnetwork.com

This news is published on Reuters.

VCNN is your primary source for all venture capital news. We provide the latest breaking news and insider stories straight from the venture capital scene. Contact us at: hello@vcnewsnetwork.com