In internal combustion engines, exhaust gas recirculation (EGR) is a emissions reduction technique used in petrol/gasoline and diesel engines to reduce nitrogen oxide. EGR works by recirculating a part of an engine's exhaust gas back to the engine cylinders. In the case of gasoline engines, this inert exhaust displaces an amount of combustible gas from the cylinder. In diesel engines, the exhaust gas replaces parts of the excess oxygen in the pre-combustion mixture. The fuel mixture combusts, causing clatter of valves and damages the engine. Allowing small amounts of gas into the chamber reduces the temperature. Regulating the exhaust is done by the EGR Valve. EGR technology offers automobile producers a reliable, compact and cost-effective method to improve fuel efficiency and reduce emissions, and is fast catching up the standard solution for gasoline hybrid propulsion systems. It increases the output of the fuel. The EGR Valve Minimizes throttling losses reduce chemical disassociation, reduces heat reduction.
According to the report, one of the key drivers of the market is the regulation of NOx emission from diesel and gasoline engines. To comply with rigorous NOx emission regulations, a combination of NOx reduction catalysts and EGR systems is used. Vehicles in European countries undergo stringent checks for compliance with emission standards. Japan and the US have adopted similar regulations. Governments issue such emission regulations to reduce the effects of harmful gases on human health and the environment. The primary aim of these legislations is to reduce the release of NOx and PM from the vehicle's fuel.
The growth of the Global EGR valves market may be impacted by the increased adoption of SCR over EGR systems technology, which has led to a decrease in the usage of EGR systems. SCR is a technology adopted by many automobile manufacturers, which uses AdBlue to convert excessive NOx gases into water and nitrogen.
According to this study, over the next five years the Exhaust Gas Recirculation (EGR) Valve market will register a 7.3% CAGR in terms of revenue, the global market size will reach US$ 1100 million by 2024, from US$ 720 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Exhaust Gas Recirculation (EGR) Valve business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Exhaust Gas Recirculation (EGR) Valve market by product type, application, key manufacturers and key regions and countries.
This study considers the Exhaust Gas Recirculation (EGR) Valve value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Gasoline EGR Valve
Diesel EGR Valve
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Passenger Vehicles
Commercial Vehicles
Non-road Usage
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
BorgWarner
Denso
Rheinmetall Automotive
Continental
Mahle
Delphi
Korens
Keihin
Longsheng Technology
Eberspacher
Faurecia
Yibin Tianruida
MEET Automotive
Klubert + Schmidt
Zhejiang Jiulong
Gits Manufacturing
Yinlun Machinery
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Exhaust Gas Recirculation (EGR) Valve consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Exhaust Gas Recirculation (EGR) Valve market by identifying its various subsegments.
Focuses on the key global Exhaust Gas Recirculation (EGR) Valve manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Exhaust Gas Recirculation (EGR) Valve with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Exhaust Gas Recirculation (EGR) Valve submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Exhaust Gas Recirculation (EGR) Valve . Industry analysis & Market Report on Exhaust Gas Recirculation (EGR) Valve is a syndicated market report, published as Global Exhaust Gas Recirculation (EGR) Valve Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Exhaust Gas Recirculation (EGR) Valve market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.