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Below are some of the key findings from the automotive exhaust gas recirculation system market research report:
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The sale of passenger cars and commercial vehicles is increasing at a significant rate across the world, owing to the growing global population, increasing rate of urbanization, and rising household incomes. Among all the regions, APAC will account for the maximum automotive sales during the forecast period due to increasing industrialization in China and India, which is driving the demand for commercial vehicles in the region. As many countries are following emission standards that require the use of the exhaust gas recirculation system, the demand for automotive ECR system will increase significantly. This will fuel the automotive ECR system market growth during the forecast period.
The proliferation of advanced Euro emission standards in emerging countries will be one of the critical automotive ECR system market trends to gain traction over the forecast period. The rising air pollution levels in emerging countries such as China and India are prompting government bodies to upgrade the existing vehicle emission standards to be equivalent to Euro 5 and Euro 6 emission standards by 2022. For instance, India is planning to implement Bharat 6 emission norms that will be equivalent to Euro 6 norm by 2020. The stringent emission standards will propel the demand for automotive EGR systems which is required to control NOx formation.
The automotive exhaust gas recirculation system market is fairly concentrated. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this automotive exhaust gas recirculation system industry analysis report will aid clients to identify and design new growth strategies.
The report offers a complete analysis of various companies including:
With a complete study of the growth opportunities for the companies, the Americas will account for the highest automotive EGR system market share throughout the forecast period. Majority of the countries in the Americas follow stringent emission standards that require the use of an exhaust gas recirculation system for controlling NOx formation, which is one of the key factors driving demand in the region.
The passenger car segment will account for the largest automotive EGR system market share throughout the forecast period, owing to the inclusion of NOx limits for gasoline engine passenger cars in emission standards. Additionally, the report also provides an accurate prediction of the contribution of all the segments to the growth of the automotive EGR system market size.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: CUSTOMER LANDSCAPE
PART 09: REGIONAL LANDSCAPE
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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