Global Automotive Exhaust Gas Recirculation (EGR) Systems Market Research Report - Forecast to 2025
Published | 17 June 2019
According to BlueWeave Consulting, the
Global Automotive Exhaust Gas Recirculation (EGR) Systems market was valued
around USD XX.XX Billion in 2018 and is expected to expand at over a CAGR of
XX% from 2019 to 2025, in terms of value, reaching around USD XX.XX Billion by
the end of the forecast period. Owing to the escalating automotive industry,
increasing consumer spending power and advancement in technology indicates a
positive outlook during the forecast period.
Automotive exhaust gas recirculation (EGR)
system is a method aids in monitoring and plummeting the nitrogen oxide
emission in gasoline and diesel powered vehicles. The market is driven by the
growing vehicle production, decreases consumption of lubricating oil, and
increasing disposable income, especially in emerging countries like China,
India, and South Korea.
EGR valve is projected to maintain its
dominance throughout the forecast period of 2019-2025 and with a CAGR of
XX.XX%. However, EGR coolers segment is likely to increase at a high pace and
projected to touch USD X.XX billion by 2025. Rapid urbanization, substantial
growth of the emerging economies, and growing vehicle production is expected to
play a crucial role in enhancing the automotive exhaust gas recirculation
system demand over the forecast period.
Based on the vehicle type, passenger car
segment is projected hold the largest market share registering more than XX% in
the year 2018. Increase in consumer spending, strict standards & laws,
advancement in technology coupled with
rising demand for passenger cars in emerging economies is projected to have a
positive impact on the development of market growth over the forecast period.
Geographically, the Global Automotive
Exhaust Gas Recirculation Systems market is analyzed across North America,
Europe, Asia Pacific, Middle East & Africa, and Latin America. In 2018, the
Asia-Pacific accounted for the maximum market share of XX.X% lead by China
& India and projected to dominate the overall automotive exhaust gas
recirculation system market over the forecast period. Owing to the economical
availability of resources like land & labor, favorable Foreign Direct Investment
(FDI) policies and rigorous regulations regarding safety are likely to boost
the industry growth.
Study Objectives of Automotive Exhaust
Gas Recirculation Systems markets Market.
·
To provide detailed analysis of
the market structure along with forecast of the various segments and
sub-segments of the Automotive Exhaust Gas Recirculation Systems market.
·
To provide insights about
factors affecting the market growth.
·
To analyze the Automotive
Exhaust Gas Recirculation Systems market based on tools such as Porter’s Five
Forces Analysis
·
To provide historical and
forecast revenue of the market segments and sub-segments with respect to five
geographies of North America, Europe, Asia, Latin America, Middle East &
Africa and their countries
·
To provide country level analysis
of the market with respect to the current market size and future prospective
·
To provide country level
analysis of the market for segment by product type, vehicle type, applications
and sub-segments
·
To provide strategic profiling
of key players in the market, comprehensively analyzing their core
competencies, and drawing a competitive landscape for the market
·
To track and analyze
competitive developments such as joint ventures, strategic alliances, mergers
and acquisitions, new product developments, and research and developments in
the Automotive Exhaust Gas Recirculation Systems market.
Key Players
The major players operating in the market
of global automotive exhaust gas recirculation systems are Mahle GMBH, Wells
Vehicle Electronics, BorgWarner Inc., Cambustion Ltd., Delphi ANSYS Inc.. DENSO
Europe B.V., Eberspächer Climate Control Systems GmbH & Co. KG,
ElringKlinger AG AND IAV GmbH, and other prominent players
Target Audience
·
Organizations
·
Manufacturer
·
Research Institute / Education
Institute
·
Potential Investors
The reports also cover country level
analysis:
North America
·
U.S
· Canada
Europe
·
Germany
·
UK
·
Italy
· Rest of the Europe
Asia Pacific
·
China
·
India
·
Japan
·
Australia
· Rest of Asia-Pacific
Latin America
·
Brazil
·
Argentina
· Rest of Latin America
Middle East & Africa
·
UAE
·
Saudi Arabia
·
South Africa
·
Rest of Middle East & Africa
Get Help
Relevant Press Releases
- Premium Denim Jeans Market is expected to grow at 6.81% CAGR during the forecast period 2019 to 2025
- Global Business Software and Service Market Thriving: Projected to touch USD 786.2 Billion by 2027, growing at the CAGR of 10.8% during the forecast period (2020-2027)
- The global Cancer Biomarkers Market is projecting a CAGR of 12.61% during the forecast period, 2020-2026
- Magnetometer market is anticipated to worth USD 1,901 million by 2025s
- Global Cloud PBX Market Research Report- Forecast to 2025