Global EGR Valve Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global EGR Valve market size was valued at USD 954.7 million in 2023 and is forecast to a readjusted size of USD 1171.5 million by 2030 with a CAGR of 3.0% during review period.
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.
The major manufacturers of Exhaust Gas Recirculation (EGR) Valve include BorgWarner, Denso, Rheinmetall Automotive, Continental, Mahle, and Delphi, with the top three accounting for more than 25%.
Europe is the leading market with a market share of about 40%, followed by North America and China with about 20% each.
The Global Info Research report includes an overview of the development of the EGR Valve industry chain, the market status of Passenger Vehicles (Mechanical, Electronically Controlled), Commercial Vehicles (Mechanical, Electronically Controlled), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of EGR Valve.
Regionally, the report analyzes the EGR Valve markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global EGR Valve market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the EGR Valve market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the EGR Valve industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Mechanical, Electronically Controlled).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the EGR Valve market.
Regional Analysis: The report involves examining the EGR Valve market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the EGR Valve market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to EGR Valve:
Company Analysis: Report covers individual EGR Valve manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards EGR Valve This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Vehicles, Commercial Vehicles).
Technology Analysis: Report covers specific technologies relevant to EGR Valve. It assesses the current state, advancements, and potential future developments in EGR Valve areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the EGR Valve market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
EGR Valve market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Mechanical
Electronically Controlled
Market segment by Application
Passenger Vehicles
Commercial Vehicles
Non-road Usage
Major players covered
Nissens
BorgWarner
Denso
Valeo
Delphi Technologies
Rheinmetall Automotive
Continental
Mahle
Korens
Keihin
Longsheng Technology
Eberspacher
Faurecia
Yibin Tianruida
MEET Automotive
Klubert + Schmidt
Zhejiang Jiulong
Gits Manufacturing
Yinlun Machinery
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe EGR Valve product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of EGR Valve, with price, sales, revenue and global market share of EGR Valve from 2019 to 2024.
Chapter 3, the EGR Valve competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the EGR Valve breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and EGR Valve market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of EGR Valve.
Chapter 14 and 15, to describe EGR Valve sales channel, distributors, customers, research findings and conclusion.