Automotive Exhaust Gas Recirculation (EGR) System Market Prognosticated To Accrue With a Whooping CAGR by 2032; Asserts MRFR

Pune, India, December , 2023/MRFR Press Release/- Market Research Future published a Cooked research report on “Global Automotive Exhaust Gas Recirculation (EGR) System Market Research Report - Forecast to 2032” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2032.Automotive Exhaust Gas Recirculation (EGR) System Global Market – OverviewAutomotive exhaust gas recirculation (EGR) system is a technique, which helps in reducing and controlling the nitrogen oxide emission in gasoline as well as diesel powered vehicles. The engine equipped with EGR system has the ability to reduce the oxygen in the combustion chamber with increased heat capacity ratio of inert gas such as H2O and CO2. There are various emission legislation for light-duty vehicles, heavy-duty engines, and non-road engines that regulates the exhaust gas recirculation system. Euro 1/2 (1992/96), Euro 3/4 (2000/05), Euro VI (2013), Euro V (2008), IMO Tier III (2016) are some of the legislation that regulates the EGR system.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.BorgWarner has wide customer diversity across Europe with 40% sales, Americas with 33% sales, China with 13%, and Asia with 14%. This will enhance the market growth in Americas which will boost the market in this region.

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Key Players: Mahle GMBH, Wells Vehicle Electronics, BorgWarner Inc., Cambustion Ltd., Delphi ANSYS Inc., DENSO Europe B.V, Eberspächer Climate Control Systems GmbH & Co. KG, Friedrich Boysen GmbH & Co. KG, ElringKlinger AG AND IAV GmbH and others are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Automotive Exhaust Gas Recirculation (EGR) Market. Industry/ Innovation/ Related News: Key strategies followed by most companies within the global automotive exhaust gas recirculation (EGR) system market were merger & expansion.In 2017, BorgWarner has introduced a family of four EGR coolers for a range of 2.0-16.0 L engine sizes. This will innovate their product line by improving the fuel efficiency of the vehicle. The company has invested heavily into product innovation so as to provide new solutions to customers. BorgWarner also focuses on creating opportunities for users to experience innovation in products and increasing brand recall with product innovation and sustainable cost-efficient operations.In 2017, MAHLE GmbH acquired Nagares, a Spanish company, to strengthen mechatronic and electronic activities. MAHLE GmbH also promotes the implementation of key projects, thus gaining a relative advantage in competition. Moreover, they believe combustion engine will remain an important drive for a long period of time. So, they focus on working intensively on new solutions, to raise the efficiency of these engines while lowering their emissions.In 2016, ElringKlinger AG inaugurates new plant in Suzhou. Company focuses on production of cylinder-head and specialty gaskets and manufactures its entire product range in the Far East. This expansion will allow them to cover wide geographic presence, providing access to high performing assets and presenting opportunities to reduce costs.In 2016, Eberspacher Group opened exhaust gas plant in Romania. The company is strengthening its presence in the global market by making huge investments in future growth markets such as Asia and Eastern Europe. Recently, in 2017, the Eberspacher Group opened a new exhaust gas plant in Tondela, Portugal. The plant is designed, especially for the production of passenger car exhaust systems for European automotive manufacturers.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 PipeSegmentation by Vehicle Type : Comprises passenger vehicle, light commercial vehicle, heavy and commercial vehicle.Segmentation by Application : Comprises Gasoline and DieselSegmentation 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