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.
The report offers detailed coverage of Exhaust Gas Recirculation (EGR) Valve industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Exhaust Gas Recirculation (EGR) Valve by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Exhaust Gas Recirculation (EGR) Valve market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Exhaust Gas Recirculation (EGR) Valve market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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
At the same time, we classify Exhaust Gas Recirculation (EGR) Valve according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Gasoline EGR Valve
Diesel EGR Valve
Market by Application
Passenger Vehicles
Commercial Vehicles
Non-road Usage
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Exhaust Gas Recirculation (EGR) Valve market for the forecast period 2021 - 2025?
• What are the driving forces in the Exhaust Gas Recirculation (EGR) Valve market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Exhaust Gas Recirculation (EGR) Valve industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?