Exhaust Gas Recirculation Egr Systems | Contrive Datum Insights

The Global Exhaust Gas Recirculation (EGR) Systems Market is projected to grow at a CAGR of 4.7% during the forecast period.

Global Exhaust Gas Recirculation (EGR) Systems Market Overview:

The global automotive exhaust gas recirculation (EGR) systems market has experienced potential growth over the past few years. It is expected that the market will grow at the same rate during the forecast period. The automotive exhaust gas recirculation (EGR) systems market looks promising during the forecast period due to major driving factors such as booming automotive industry, expansion of global players into emerging countries, and increasing urbanization. Meanwhile, a significant trend and opportunity in the market is the combination of exhaust gas recirculation (EGR) and selective catalytic reduction (SCR) systems and emerging economies. However, the major challenges restraining the market growth are the availability of substitutes, price pressures, and stringent government regulations on certification of automotive exhaust gas recirculation (EGR) systems.

Exhaust Gas Recirculation (EGR) Systems market size, estimates and forecasts are provided in terms of sales volume (K units) and revenue (million USD), with historical and forecast data for the period 2017 to 2030, with 2022 being considered as the base year. This report segments the global Exhaust Gas Recirculation (EGR) Systems market in detail. Regional market sizes related to products by type, by application, and by player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.

Major Market Segments Covered in Exhaust Gas Recirculation (EGR) Systems Market Research:

Market Key Players:
BorgWarner (US), Delphi (UK), Denso (JP), Korens (Korea), Mahle (DE), Continental (DE), And Others.

By Type:

• Tube EGR Coolers
• Finned EGR Coolers
• Other

By Application:

• Diesel Engines
• Gasoline Engines
• Other

By Region:

Geographically, Asia Pacific accounted for the largest market for automotive exhaust gas recirculation systems in 2018, followed by North America and Europe. The Asia Pacific region is registered as the fastest growing region due to the presence of emerging economies such as China, India, South Korea and Japan. Additionally, several automotive giants have shifted their focus to the region and are planning to expand their operations in the APAC region. By the forecast year, the global market is expected to witness intense competition between North America and Europe in terms of revenue and market share.

In North America, the automotive exhaust gas recirculation (EGR) system market is expected to grow along with the increasing demand for automobiles, mainly in the United States. There is a huge demand for commercial vehicles in the US. Growing demand for commercial vehicles drives the demand for automotive exhaust gas recirculation (EGR) systems market. Growth in North America is driven by the presence of major automotive EGR system manufacturers that are primarily focused on major developments such as expansions, mergers and acquisitions, and product launches. In addition, since people spend most of their time in vehicles, there is a need to adopt advanced technologies such as automotive exhaust gas recirculation (EGR) systems.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Exhaust Gas Recirculation (EGR) Systems Market Report Scope:

Crucial Points from this Exhaust Gas Recirculation (EGR) Systems Market Report

• Estimate Exhaust Gas Recirculation (EGR) Systems market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, applications and by different industry verticals.
• Understand the supply chain in depth on the value growth at each step, in order to optimize value and bring effectiveness in your processes.
• Know the different dynamics affecting the market - challenges, key driving factors and opportunities.
• Get a quick viewpoint on the Exhaust Gas Recirculation (EGR) Systems market entropy - M&A's, deals, partnerships, product launches of all key companies for the historical 5 years.
• Estimate the supply-demand gaps, import-export data and regulatory landscape for more than top 20 countries worldwide for the market.
• Get complete insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
• Study the sales and distribution channels over key geographies to improve top-line revenues.

Frequently Asked Questions-

What is the CAGR of Exhaust Gas Recirculation (EGR) Systems market?

The Exhaust Gas Recirculation (EGR) Systems Market is growing at a CAGR of 8.6% During Forecast Period.

What are the key types of Exhaust Gas Recirculation (EGR) Systems market?

Tube EGR Coolers, Finned EGR Coolers

What are the key applications of Exhaust Gas Recirculation (EGR) Systems market?

Diesel Engines, Gasoline Engines                                              

Who are the key players in Exhaust Gas Recirculation (EGR) Systems market?

BorgWarner (US), Delphi (UK), Denso (JP), Korens (Korea), Mahle (DE), Continental (DE), and others.