Automotive Exhaust Gas Recirculation System Market is estimated to be US$ 135.3 billion by 2032; Stringent Emission Regulations to Propel Market Growth

Published Date: April 2024

Automotive Exhaust Gas Recirculation System refers to the market for devices and components used in automotive engines to reduce harmful emissions. The EGR system works by recirculating a portion of the engine's exhaust gas back into the combustion chamber, where it mixes with fresh air and fuel to reduce the concentration of nitrogen oxides (NOx) in the exhaust.

Automotive Exhaust Gas Recirculation System Market is driven by increasingly stringent emissions regulations in many countries, as well as growing consumer demand for more eco-friendly vehicles. Rapid growth of the Automotive Exhaust Gas Recirculation (EGR) System has been driven by stringent emission regulations due to increasing concern over air pollution and global warming which has led to the implementation of stringent emission regulations in many countries. As emission regulations continue to become more stringent and the demand for eco-friendly vehicles increases, Automotive Exhaust Gas Recirculation System is expected to grow continuously with popularity over the forecast period.

The report “Automotive Exhaust Gas Recirculation System Market, By Type (Pneumatic EGR Valve and Electric EGR Valve), By Application (Passenger car, and Commercial vehicle), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

 Key Highlights:

  • In March 2019, BorgWarner launched its “Exhaust Gas Recirculation (EGR) valves” that reduces Carbon Monoxide (CO) and Nitrogen Oxide (NOx). The company provided these EGR valves to Hyundai Motor Group and it contributes to improved fuel efficiency of up to 2.5% and featured with cost effective design. Further, BorgWarner supports the Hyundai Motor Group by locally producing EGR valves in china.  
  • In August 2020, ZF launched the new “WABCO Diesel Exhaust Fluid (DEF)”, as it is necessary for the Selective Catalytic Reduction (SCR) after treatment systems used to satisfy BS-VI standards to run smoothly and without interruption. In automotive applications, SCR distributes ammonia using Diesel Exhaust Fluid (DEF) which is also referred to a urea solution.

Analyst View:

Future growth of the Automotive Exhaust Gas Recirculation (EGR) System Market is expected to be driven by increasing adoption of hybrid and electric vehicles, growing demand for commercial vehicles, increasing regulations. Further, collaborations and partnerships between technology companies and automakers are expected to accelerate the development of advanced Automotive Exhaust Gas Recirculation (EGR) Systems. This is expected to drive innovation and improve the performance of the EGR system, further boosting Automotive Exhaust Gas Recirculation (EGR) System Market adoption in the automotive industry.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on Automotive Exhaust Gas Recirculation System Market, By Type (Pneumatic EGR Valve and Electric EGR Valve), By Application (Passenger car, and Commercial vehicle), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2032”

Key Market Insights from the report:

Automotive Exhaust Gas Recirculation System Market accounted for US$ 77.33 billion in 2022 and is estimated to be US$ 135.3 billion by 2032 and is anticipated to register a CAGR of 5.8%. Automotive Exhaust Gas Recirculation System Market is segmented based on Type, Application and Region.

  • Based on Type, Automotive Exhaust Gas Recirculation System Market is segmented into Pneumatic EGR Valve and Electric EGR Valve.
  • Based on Application, Automotive Exhaust Gas Recirculation System Market is segmented into Passenger car, and Commercial vehicle.
  • By Region, the Automotive Exhaust Gas Recirculation System Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Competitive Landscape & their strategies of Automotive Exhaust Gas Recirculation System Market:

The prominent players operating in the Automotive Exhaust Gas Recirculation System Market includes, BorgWarner, Delphi, Denso, Korens, Mahle, Continental, LongSheng Tech, Meet, Tianruida, Baote Precise Motor and others.

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