Monday, July 1, 2024

Automotive Exhaust Gas Recirculation (EGR) Systems Market Size, Trends, Share, Growth

 Automotive Exhaust Gas Recirculation (EGR) Systems Market Overview

International automotive Automotive Exhaust Gas Recirculation (EGR) Systems Market is projected to witness growth at a CAGR of 8.7% during the forecast period. The market has witnessed significant growth in recent past due to various factors. Among the most prominent ones, it’s certainly the expanding automotive industry that can be cited as the foremost. Similarly, expanding urban sector can also be touted as one of the prime reasons behind the incredible market prospect. Market trend analysis also suggests a similar expansion of the market during the forecast period.

The combining reason for exhaust gas recirculation or EGR and selective catalytic reduction or SCR system is cited as prime reason behind growth of automotive exhaust gas recirculation EGR systems market. Emerging economies and the significant prospects of the same are also the reasons behind the growing automotive exhaust gas recirculation EGR systems market. With strategic planning, the automotive exhaust gas recirculation EGR systems market is expected to be even more inspiring in forthcoming years.

Upon studying the noteworthy boom in global automotive exhaust gas recirculation, EGR systems market can be considered a prime indication behind the inspiring market prospects. Advent of new technology is expected to make the market even more exciting in forthcoming years. To be specific, the developing nations like China, India, South Korea, and Japan have been quite promising in this context. North American markets like US also show great scope for global automotive exhaust gas recirculation EGR systems market 

Get Free Sample Report of Automotive Exhaust Gas Recirculation (EGR) Systems Market

Exhaust Gas Recirculation System Industry News

Global automotive exhaust gas recirculation EGR systems market is reportedly going to be the most significant during the review period of 2025. It is expected to grow at a noteworthy rate of 8.7 percent CAGR during the above period of review. Middle East shows great prospects in this market with huge demand.

What is the exhaust gas recirculation EGR system?

Certainly! The Exhaust Gas Recirculation (EGR) system is an emissions control technology used in internal combustion engines, particularly in automobiles. Its primary function is to reduce nitrogen oxide (NOx) emissions by recirculating a portion of an engine's exhaust gas back into the combustion chamber. Here are the key points about the EGR system:

  1. Purpose: The EGR system reduces NOx emissions by lowering the peak combustion temperatures, which inhibits the formation of nitrogen oxides.
  2. Components: It typically consists of a valve that controls the flow of exhaust gases, a pipe that redirects these gases, and sometimes a cooler to reduce the temperature of recirculated gases.
  3. Types of EGR Systems:
    • High Pressure EGR (HP-EGR): Recirculates exhaust gas after the turbocharger and before the aftertreatment system.
    • Low Pressure EGR (LP-EGR): Recirculates exhaust gas from after the particulate filter or from the exhaust manifold.
    • Exhaust Gas Recirculation with Cooling (EGR-C): Involves cooling the recirculated exhaust gases to further reduce NOx emissions.
  4. Operation: The EGR system typically operates during steady-state cruising conditions or light loads when the engine temperature is higher. This helps in reducing NOx emissions without significantly impacting engine performance or efficiency.

Exhaust Gas Recirculation System Market Key Players:

·       Mahle GmbH

·       Wells Vehicle Electronics

·       BorgWarner Inc

·       Combustion Ltd

·       Delphi ANSYS Inc

·       DENSO Europe BV

·       Eberspächer Climate Control Systems GmbH & Co. KG

·       Friedrich Boysen GmbH & Co. KG

·       ElringKlinger AG

·       IAV GmbH

Exhaust Gas Recirculation System Market Segmentation

International automotive exhaust gas recirculation (EGR) systems market can be segmented on product type, application, vehicle type, and region.

Based on product type, the automotive exhaust gas recirculation EGR systems market can be segmented into the EGR cooler, EGR valve, and EGR pipe. Among these, the EGR valve segment holds maximum market share.

Based on vehicle type, the international automotive exhaust gas recirculation (EGR) systems market can be segmented into a passenger car, light commercial vehicle, and heavy commercial vehicles.

In terms of application, the automotive exhaust gas recirculation EGR systems market can be segmented into diesel and gasoline.

Exhaust Gas Recirculation System Market Regional Analysis

Geographically, the global automotive exhaust gas recirculation (EGR) systems market can be classified into North America, Europe, Asia-Pacific (APAC), and the rest of the world (RoW). North American market is led by the US mainly, where the Asia Pacific domains show great prospect powered by great prospects from nations like India, China, Japan, etc.

The rest of the world (RoW) comprises the Middle East & Africa, and South America. This part of the world is estimated to evident massive growth in the global automotive exhaust gas recirculation (EGR) systems market size during the forecast period for the extensive demand for lavish vehicles.

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