Global Exhaust Gas Recirculation (EGR) Valve Market Growth 2023-2029

Global Exhaust Gas Recirculation (EGR) Valve Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Exhaust Gas Recirculation (EGR) Valve Industry Forecast” looks at past sales and reviews total world Exhaust Gas Recirculation (EGR) Valve sales in 2022, providing a comprehensive analysis by region and market sector of projected Exhaust Gas Recirculation (EGR) Valve sales for 2023 through 2029. With Exhaust Gas Recirculation (EGR) Valve sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Exhaust Gas Recirculation (EGR) Valve industry.
This Insight Report provides a comprehensive analysis of the global Exhaust Gas Recirculation (EGR) Valve landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Exhaust Gas Recirculation (EGR) Valve portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Exhaust Gas Recirculation (EGR) Valve market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Exhaust Gas Recirculation (EGR) Valve and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Exhaust Gas Recirculation (EGR) Valve.
The global Exhaust Gas Recirculation (EGR) Valve market size is projected to grow from US$ 907.6 million in 2022 to US$ 1404.1 million in 2029; it is expected to grow at a CAGR of 1404.1 from 2023 to 2029.
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.
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.
Market Segmentation:
Segmentation by type
Gasoline EGR Valve
Diesel EGR Valve
Segmentation by application
Passenger Vehicles
Commercial Vehicles
Non-road Usage
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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
Key Questions Addressed in this Report
What is the 10-year outlook for the global Exhaust Gas Recirculation (EGR) Valve market?
What factors are driving Exhaust Gas Recirculation (EGR) Valve market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Exhaust Gas Recirculation (EGR) Valve market opportunities vary by end market size?
How does Exhaust Gas Recirculation (EGR) Valve break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.