Asia-Pacific EGR Cooler Market

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

Analysis By Type (Tube EGR Coolers, Finned EGR Coolers); Engine Type (Diesel Engine, Gasoline Engine); Vehicle Type (Passenger Vehicles, Commercial Vehicles), and Country


No. of Pages: 105    |    Report Code: TIPRE00013339    |    Category: Automotive and Transportation

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Asia-Pacific EGR Cooler Market
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Market Introduction

The system recirculates exhaust gases back into the engine to reduce NOx emissions and cylinder temperatures. The gas circulated by the system can be significantly hot, especially in vehicles integrated with diesel engines. Hence, numerous diesel engines are combined with EGR coolers to reduce the temperature of the exhaust gases before they re-enter the engine. Before injecting in the combustion chamber, the exhaust gas must be cool; by cooling EGR gases (Cold EGR), more percent of exhausted NOX pollutants will be lessened. The EGR cooler systems are used for passenger and commercial vehicle types. In order to support commercial vehicle manufacturers in meeting emissions regulations, various companies are focused on developing economical EGR coolers.


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Asia-Pacific EGR Cooler Strategic Insights

Strategic insights for the Asia-Pacific EGR Cooler provides data-driven analysis of the industry landscape, including current trends, key players, and regional nuances. These insights offer actionable recommendations, enabling readers to differentiate themselves from competitors by identifying untapped segments or developing unique value propositions. Leveraging data analytics, these insights help industry players anticipate the market shifts, whether investors, manufacturers, or other stakeholders. A future-oriented perspective is essential, helping stakeholders anticipate market shifts and position themselves for long-term success in this dynamic region. Ultimately, effective strategic insights empower readers to make informed decisions that drive profitability and achieve their business objectives within the market.

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Asia-Pacific EGR Cooler Report Scope

Report Attribute Details
Market size in 2019 US$ 259.3 Million
Market Size by 2027 US$ 267.1 Million
Global CAGR (2020 - 2027) 3.65%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Type
  • Tube EGR Coolers
  • Finned EGR Coolers
By Engine Type
  • Diesel Engine
  • Gasoline Engine
By Vehicle Type
  • Passenger Vehicles
  • Commercial Vehicles
Regions and Countries Covered Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
Market leaders and key company profiles
  • Benteler Automotive
  • BorgWarner Inc
  • erae Automotive Systems Co., Ltd
  • Faurecia
  • Hanon Systems
  • KORENS. Co., LTD
  • Maruyasu Industries Co., Ltd.
  • Tokyo Radiator MFG. Co., Ltd
  • Tokyo Roki Co. Ltd
  • Valeo
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    Asia-Pacific EGR Cooler Regional Insights

    The geographic scope of the Asia-Pacific EGR Cooler refers to the specific areas in which a business operates and competes. Understanding local distinctions, such as diverse consumer preferences (e.g., demand for specific plug types or battery backup durations), varying economic conditions, and regulatory environments, is crucial for tailoring strategies to specific markets. Businesses can expand their reach by identifying underserved areas or adapting their offerings to meet local demands. A clear market focus allows for more effective resource allocation, targeted marketing campaigns, and better positioning against local competitors, ultimately driving growth in those targeted areas.

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    Market Overview and Dynamics

    The Asia-Pacific EGR Cooler Market is expected to reach US$ 267.1 Mn by 2027 from US$ 259.3 Mn in 2019, at a CAGR of 3.65% from 2020 to 2027. Factors driving the EGR Cooler Market growth include the rising implementation of EGR amongst gasoline engines. Unlike diesel engines, EGR is actively used in gasoline engines to reduce NOx discharge dramatically. Therefore, recirculating exhaust gas on gasoline engines is mainly used to minimize throttling loss at the part-load range, thus reduce fuel consumption, and secondarily, to reduce NOX emission levels.

    The government of Asia Pacific is taking possible steps to reduce its effects of COVID-19 by announcing lockdown. China is one of the leading manufacturing sectors in the region, and the most affected country in APAC. The lockdown has been having a severe impact on the Indian automotive sector. However, China has been able to stabilize its spread of COVID-19, and industries are up and running. This embarks a positive sign towards the stabilization of the EGR cooler market.

    Key Market Segments

    In terms of type, the finned EGR coolers segment accounted for the largest share of the Asia-Pacific EGR Cooler Market in 2019. In terms of engine type, the diesel engine segment held a larger market share of the EGR Cooler Market in 2019. Further, the commercial vehicle segment held a larger share of the market based on vehicle type in 2019.

    Major Sources and Companies Listed

    A few major primary and secondary sources referred to for preparing this report on the EGR Cooler Market in Asia-Pacific are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are BorgWarner Inc, MAHLE GmbH, Rheinmetall Automotive AG, Benteler Automotive, and Tokyo Roki Co. Ltd among others.

    Reasons to buy report

    • To understand the Asia-Pacific EGR cooler Market landscape and identify market segments that are most likely to guarantee a strong return
    • Stay ahead of the race by comprehending the ever-changing competitive market landscape in this region
    • Efficiently plan merger and acquisition, and partnership deals in the Asia-Pacific EGR cooler Market by identifying market segments with the most promising probable sales
    • Make knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various market segments
    • Obtain revenue forecast for the Asia-Pacific EGR cooler based on various segments, for the period 2020–2027.

    ASIA-PACIFIC EGR COOLER MARKET SEGMENTATION

    Asia-Pacific EGR Cooler Market– By Type

    • Tube EGR Coolers
    • Finned EGR Coolers

     

    Asia-Pacific EGR Cooler Market– By Engine Type

    • Diesel Engine
    • Gasoline Engine

     

    Asia-Pacific EGR Cooler Market– By Vehicle Type

    • Passenger Vehicles
    • Commercial Vehicles

     

    Asia-Pacific EGR Cooler Market– By Country

    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC

     

    Company Profiles

    • Benteler Automotive
    • BorgWarner Inc
    • erae Automotive Systems Co., Ltd
    • Faurecia
    • Hanon Systems
    • KORENS. Co., LTD
    • Maruyasu Industries Co., Ltd.
    • Tokyo Radiator MFG. Co., Ltd
    • Tokyo Roki Co. Ltd
    • Valeo
    • MAHLE GmbH
    • Rheinmetall Automotive AG
    • Denso Corporation
    • Continental AG

     

     

     

     

    The List of Companies - Asia-Pacific EGR Cooler Market

    1. Benteler Automotive
    2. BorgWarner Inc
    3. erae Automotive Systems Co., Ltd
    4. Faurecia
    5. Hanon Systems
    6. KORENS. Co., LTD
    7. Maruyasu Industries Co., Ltd.
    8. Tokyo Radiator MFG. Co., Ltd
    9. Tokyo Roki Co. Ltd
    10. Valeo
    11. MAHLE GmbH
    12. Rheinmetall Automotive AG
    13. Denso Corporation
    14. Continental AG
    Frequently Asked Questions
    How big is the Asia-Pacific EGR Cooler Market?

    The Asia-Pacific EGR Cooler Market is valued at US$ 259.3 Million in 2019, it is projected to reach US$ 267.1 Million by 2027.

    What is the CAGR for Asia-Pacific EGR Cooler Market by (2020 - 2027)?

    As per our report Asia-Pacific EGR Cooler Market, the market size is valued at US$ 259.3 Million in 2019, projecting it to reach US$ 267.1 Million by 2027. This translates to a CAGR of approximately 3.65% during the forecast period.

    What segments are covered in this report?

    The Asia-Pacific EGR Cooler Market report typically cover these key segments-

    • Type (Tube EGR Coolers, Finned EGR Coolers)
    • Engine Type (Diesel Engine, Gasoline Engine)
    • Vehicle Type (Passenger Vehicles, Commercial Vehicles)

    What is the historic period, base year, and forecast period taken for Asia-Pacific EGR Cooler Market?

    The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Asia-Pacific EGR Cooler Market report:

  • Historic Period : 2017-2018
  • Base Year : 2019
  • Forecast Period : 2020-2027
  • Who are the major players in Asia-Pacific EGR Cooler Market?

    The Asia-Pacific EGR Cooler Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:

  • Benteler Automotive
  • BorgWarner Inc
  • erae Automotive Systems Co., Ltd
  • Faurecia
  • Hanon Systems
  • KORENS. Co., LTD
  • Maruyasu Industries Co., Ltd.
  • Tokyo Radiator MFG. Co., Ltd
  • Tokyo Roki Co. Ltd
  • Valeo
  • MAHLE GmbH
  • Rheinmetall Automotive AG
  • Denso Corporation
  • Continental AG
  • Who should buy this report?

    The Asia-Pacific EGR Cooler Market report is valuable for diverse stakeholders, including:

    • Investors: Provides insights for investment decisions pertaining to market growth, companies, or industry insights. Helps assess market attractiveness and potential returns.
    • Industry Players: Offers competitive intelligence, market sizing, and trend analysis to inform strategic planning, product development, and sales strategies.
    • Suppliers and Manufacturers: Helps understand market demand for components, materials, and services related to concerned industry.
    • Researchers and Consultants: Provides data and analysis for academic research, consulting projects, and market studies.
    • Financial Institutions: Helps assess risks and opportunities associated with financing or investing in the concerned market.

    Essentially, anyone involved in or considering involvement in the Asia-Pacific EGR Cooler Market value chain can benefit from the information contained in a comprehensive market report.

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