Global Automotive EGR System Market Size To Exceed USD 5.93 Billion By 2033
According to a research report published by Spherical Insights & Consulting, The Global Automotive EGR System Market Size is Expected to Grow from USD 3.55 Billion in 2023 to USD 5.93 Billion by 2033, Growing at a CAGR of 5.26% during the forecast period 2023-2033.
Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on The Global Automotive EGR System Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Pneumatic EGR Valve, Electric EGR Valve), By Application (OEM, Aftermarket), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
The worldwide automotive exhaust gas recirculation (EGR) system market is described as revolving around technologies designed to reduce nitrogen oxide (NOx) emissions from combustion engines. EGR systems work by recirculating a portion of exhaust gases back into the engine's combustion chamber, which reduces the combustion temperature and reduces NOx pollutants. The market expansion is driven by stringent environmental regulations, and consumer focus on maintaining engine performance and fuel efficiency. Moreover, sophisticated technological integration makes them precise and functional, for instance, the integration of monitoring systems and electronic units, control, etc. Further, the government should provide strong backup support for such a novel technique, which drives the market expansion. However, the high complexity, other solutions for alternatives, and volatility in price from market players.
The pneumatic EGR value segment held the largest share of the global automotive EGR system market in 2023 and is anticipated to grow at a substantial CAGR over the forecast period.
On the basis of the product type, the global automotive EGR system market is divided into pneumatic EGR valve, electric EGR valve. Among these, the pneumatic EGR value segment held the largest share of the global automotive EGR system market in 2023 and is anticipated to grow at a substantial CAGR over the forecast period. This is due to their affordability, ease of use, and they can be processed by using an engine vacuum.
The OEM segment dominated the global automotive EGR system market in 2023 and is predicted to grow at a remarkable CAGR over the forecast period.
On the basis of the application, the global automotive EGR system market is differentiated into OEM and aftermarket. Among these, the OEM segment dominated the global automotive EGR system market in 2023 and is predicted to grow at a remarkable CAGR over the forecast period. This segment growth is attributed to the market expansion due to they are offering directly integrated EGR systems into new cars to ensure compliance with global emission norms.
Asia Pacific is expected to hold the largest share of the global automotive EGR system market over the forecast period.
Asia Pacific is estimated to hold the highest market share of the global automotive EGR system market over the forecast period. The regional market growth is influenced by its expanding automotive sector and air quality regulations, specifically in nations like China and India.
Europe is projected to grow at the fastest CAGR of the global automotive EGR system market over the forecast period. The regional market growth is accelerated because of strict emission regulations, the adoption of cutting-edge EGR systems, presence of leading automakers, and their emphasis on R&D efforts.
Company Profiling
Major vendors in the global automotive EGR system market are BorgWarner Inc., Delphi Technologies, Continental AG, Denso Corporation, Valeo Group, Marelli Holdings Co., Tenneco Inc., Mahle GmbH, Eberspacher Group, Faurecia S.A., Hitachi Automotive Systems, Cummins Inc., Pierburg GmbH, Wells Vehicle Electronics, Klubert Schmidt GmbH, Korens Co., Keihin Corporation, Rheinmetall Automotive AG, Friedrich Boysen GmbH & Co. KG, Sango Co., and others.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Development:
- In August 2024, Rheinmetall secured a significant new order for exhaust gas recirculation (EGR) valves, valued in the low three-digit million-euro range. Starting in January 2026, the company will produce these valves for a renowned car manufacturer over six years. The EGR valves customized for commercial vehicles, designed to reduce nitrogen oxide emissions by up to 70%. This order highlights Rheinmetall's expertise in emission reduction technologies and its role as a key partner in global vehicle manufacturing.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global automotive EGR system market based on the below-mentioned segments:
Global Automotive EGR System Market, By Type
- Pneumatic EGR Valve
- Electric EGR Valve
Global Automotive EGR System Market, By Application
Global Automotive EGR System Market, By Regional
- North America
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa