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According to a study published by Insure Insights, the global automotive EGR market is estimated market is to grow at a CAGR 4.8% during the forecast period. The exhaust gas recirculation system (EGR) is an emission control technology that reduces and controls NOx emissions from diesel and gasoline engines. It operates by recirculating a controllable proportion of the engine’s exhaust gas back to the engine cylinder. The recirculating gas, along with incoming air, reduces the amount of oxygen to the combustion. This system is applicable for a wide range of diesel engines from light, medium- and heavy-duty diesel engines and two-stroke low-speed marine engines. Exhaust gas recirculation consists of three essential components that include the EGR valve, EGR transfer pipe, and EGR cooler.
Top Driver: Rapid Modernization and the Increase in the Disposable Income of People
Rapid modernization and the increase in the disposable income of people, the number of vehicles is increasing considerably across the globe that results in higher automotive emission. The stringent government rules concerning the emission of harmful gases such as NOx and growing concerns about environmental pollution are key factors driving the growth of the automotive EGR system market. However, the availability of alternatives, such as selective catalytic reduction (SCR) system could hinder the growth of the automotive EGR system market. Further, the growing number of automotive sales and technological development are expected to increase significant growth opportunities for the automotive EGR system market.
EGR Valve Segment is Estimated to Account for Largest Market Share
Based on product type, the global automotive EGR market has been segregated into the EGR cooler, EGR valve, and EGR pipe. The EGR valve segment accounted for the largest market share among these types, followed by EGR cooler and EGR pipes. In contrast, exhaust gas recirculation coolers (EGR coolers) are estimated to witness significant growth during the forecast period. Based on the vehicle type, passenger vehicle, commercial vehicle, and heavy commercial vehicle. Based on the application, the market is segmented into gasoline and diesel.
Asia Pacific is the Dominating Region in the global Automotive EGR Market
Asia Pacific accounts for the largest market share and is estimated to dominate the market during the forecast period. The growth is attributed to the surging demand for automotive in the emerging countries such as China and India are the primary driver of the market. In addition to this, stringent government regulation and growing environmental concern has fueled the demand for automotive EGR.
Players to Focus on Geographical Expansion and Acquisition
The global automotive EGR market is estimated to stay fragmented during the forecast period owing to the possible new entrants. The major market players operating in the market are BorgWarner, Delphi, Continental AG, KSPG, Klubert + Schmidt, Gits Manufacturing, Denso, Korens, Eberspacher, Mahle, Wuxi LongSheng Tech, Baote Precise Motor, Zhejiang Jiulong Machinery, Zhejiang Yinlun Machinery, Friedrich Boysen.
BorgWarner: In February, BorgWarner exhibited its latest petrol exhaust gas recirculation (EGR) products, a gasoline variable turbine geometry (VTG) turbocharger as well as the innovative eTurbo solution at the Auto Expo 2020 Components Show at Pragati Maidan (Hall 5, Stall No. 5.56), is aggressively driving its India growth programme.
Eberspaecher: In November 2018, Eberspaecher signed a contract to acquire 100 percent of the shares in French company Kalori SAS. The climate control specialist based in Lyon, France, develops and produces air-conditioning and ventilation systems for commercial and special vehicles.
Scope of the Report
By Product Type
By Application
By Vehicle type
By Region
Key Reasons to Purchase this Report
Table of Content
Chapter 2 Our Research Practice
Chapter 4 Covid-19 Impact Analysis
4.3 Key Factor Impact Analysis
Chapter 5 Global Automotive Carbon Wheel Market Forces
5.2 Porter’s Five Forces Analysis
5.2.2 Threats From New Entrants
5.2.4 Threat From Substitute Product
Chapter 6 Global Automotive Carbon Wheel Market -Industry Snapshots
6.1.1 Global Automotive Carbon Wheel Market Value, 2019 – 2028, (US$ Bn)
6.2.2 Restraint/Challenges analysis
6.3 Supply Chain/Value Chain Analysis
Chapter 7 Global Automotive Carbon Wheel Market Analysis, by Material
7.2 Key Findings for Automotive Carbon Wheel Market- By Material
7.2.1 Automotive Carbon Wheel Market- Aluminum
7.2.2 Automotive Carbon Wheel Market- Steel wheels
7.2.3 Automotive Carbon Wheel Market- Magnesium
7.2.4 Automotive Carbon Wheel Market- Carbon fiber
Chapter 8 Global Automotive Carbon Wheel Market Analysis, by Product
8.2 Key Findings for Automotive Carbon Wheel Market- By Product
8.2.1 Automotive Carbon Wheel Market- Regular
8.2.2 Automotive Carbon Wheel Market- High Performance
Chapter 9 Global Automotive Carbon Wheel Market Analysis, by End User
9.2 Key Findings for Automotive Carbon Wheel Market- By End User
9.2.1 Automotive Carbon Wheel Market- OEM
9.2.2 Automotive Carbon Wheel Market- Aftermarket
Chapter 10 Automotive Carbon Wheel Market Analysis by Region
10.1 Key Findings for Automotive Carbon Wheel Market- By region
10.2.1 Global Automotive Carbon Wheel Market Analysis, By Material, 2019 – 2028
10.2.2 Global Automotive Carbon Wheel Market Analysis, By Product, 2019 – 2028
10.2.3 Global Automotive Carbon Wheel Market Analysis, By End User, 2019 – 2028
10.3 Automotive Carbon Wheel Market – North America
10.3.5 North America Market, By Material
10.3.6 North America Market, By Product
10.3.7 North America Market, By End User
10.4 Automotive Carbon Wheel Market – Europe
10.4.7 Europe Market, By Material
10.4.8 Europe Market, By Product
10.4.9 Europe market by, End User
10.5 Automotive Carbon Wheel Market – Asia Pacific
10.5.6 Asia Pacific Market, By Material
10.5.7 Asia Pacific Market, By Product
10.5.8 Asia Pacific Market, By End User
10.6 Automotive Carbon Wheel Market – SAMEA
10.6.2 Middle East & Africa (MEA)
10.6.5 South America, Middle East and Africa Market, By Material
10.6.6 South America, Middle East and Africa Market, By Product
10.6.7 South America, Middle East and Africa Market, By End User
Chapter 11 Market Competition Analysis
11.1 Market Share/Positioning Analysis
11.1.1 Market Positioning of Key Vendors, 2019
11.1.2 Key Strategies Adopted by the Leading Players
Chapter 12 Company Profiles- Snapshot
12.2 Superior Industries International
12.8 Zhejiang Wanfeng Auto Wheel
*More than 10 Companies are profiled in this Research Report*
*Financials would be provided on a best efforts basis for private companies”
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