Europe EGR Cooler Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Tube EGR Coolers, and Finned EGR Coolers); Engine Type (Diesel Engine, and Gasoline Engine); Vehicle Type (Passenger Vehicles, and Commercial Vehicles), and Country
Market Introduction
The exhaust gas recirculation (EGR) cooler is a component, which is used to lower the temperature of the exhaust gases that are recirculated by the EGR system. 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 automobile sector is experiencing considerable developments in terms of advanced technologies, advanced technologies for EGR are encouraging automotive OEMs to adopt EGR cooler systems; thus, the automobile industry has a significant impact on the Europe EGR cooler market.
Get more information on this report :
Market Overview and Dynamics
The Europe EGR cooler market is expected to reach US$ 114.40 Mn by 2027 from US$ 119.00 Mn in 2019, at a CAGR of 2.7% from 2020 to 2027. Multiple emission norms set up by governments and multiple organizations, such as EURO 6 in European Union, and have led toward acquiescence to these standards by vehicle manufacturers in their corresponding region. All these standards focus on lowering the emission of nitrogen monoxide (NOx), carbon dioxide (CO2), particulate matter (PM), and no methane hydrocarbons (NMHC), among others. The standards, as mentioned above of emission has led to the invention of new technologies aiming to reduce the emission of these harmful gasses from vehicles’ combustion engines. EGR is one of the techniques being used to comply with these emission standards; thus, the stringent emission norms have significantly impacting on the growth of Europe EGR cooler market. Further, the EGR cooler systems are used for passenger and commercial vehicle. The increasing sales of passenger and commercial vehicles owing to growing disposable income are also driving the demand for Europe EGR cooler market.
Key Market Segments
In terms of type, the tube EGR coolers segment accounted for the largest share of the Europe 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 passenger vehicles 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 Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Benteler Automotive, BorgWarner Inc., Faurecia, Hanon Systems, MAHLE GmbH, Rheinmetall Automotive AG, Denso Corporation, Continental AG and among others.
Reasons to buy report
- To understand the Europe 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 Europe 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 Europe EGR cooler market based on various segments, for the period 2020–2027.
EUROPE EGR COOLER MARKET SEGMENTATION
Europe EGR Cooler Market– By Type
- Tube EGR Coolers
- Finned EGR Coolers
Europe EGR Cooler Market– By Engine Type
- Diesel Engine
- Gasoline Engine
Europe EGR Cooler Market– By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
Europe EGR Cooler Market– By Country
- France
- Germany
- Italy
- Russia
- UK
- Rest of Europe
Company Profiles
- Benteler Automotive
- BorgWarner Inc.
- Faurecia
- Hanon Systems
- Korens Co. Ltd.
- Valeo
- MAHLE GmbH
- Rheinmetall Automotive AG
- Denso Corporation
- Continental AG
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. EGR Cooler Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Europe – PEST Analysis
4.3 Ecosystem Analysis
5. EGR Cooler Market –Market Dynamics
5.1 Market Drivers
5.1.1 Actively use of EGR cooler in gasoline engines
5.1.2 Growing emission norms
5.2 Market Restraints
5.2.1 Electric and hybrid powertrain
5.3 Market Opportunities
5.3.1 Modular EGR cooler
5.4 Future Trend
5.4.1 Focus on the integration of efficient and light weight EGR cooler
5.5 Impact Analysis of Drivers and Restraints
6. EGR Cooler Market – Europe Analysis
6.1 Europe: EGR coolers Market
6.1.1 Europe: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
7. EGR Cooler Market Analysis – By Type
7.1 Overview
7.2 Europe: EGR coolers Market, By Type
7.3 Tube EGR coolers
7.3.1 Overview
7.3.2 Tube EGR coolers Market Revenue and Forecast to 2027 (US$ Million)
7.4 Finned EGR coolers
7.4.1 Overview
7.4.2 Finned EGR coolers Market Revenue and Forecast to 2027 (US$ Million)
8. EGR Cooler Market Analysis – By Engine Type
8.1 Overview
8.2 Europe: EGR coolers Market, By Engine Type
8.3 Diesel Engine
8.3.1 Overview
8.3.2 Diesel Engine Market Revenue and Forecast to 2027 (US$ Million)
8.4 Gasoline Engine
8.4.1 Overview
8.4.2 Gasoline Engine Market Revenue and Forecast to 2027 (US$ Million)
9. EGR Cooler Market Analysis – By Vehicle Type
9.1 Overview
9.2 Europe: EGR coolers Market, By Vehicle Type
9.3 Passenger Vehicles
9.3.1 Overview
9.3.2 Passenger Market Revenue and Forecast to 2027 (US$ Million)
9.4 Commercial Vehicles
9.4.1 Overview
9.4.2 Commercial Market Revenue and Forecast to 2027 (US$ Million)
10. EGR Cooler Market – Country Analysis
10.1 Europe: EGR Coolers Market
10.2 Europe: EGR Coolers Market, By Country
10.2.1 Germany: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
10.2.1.1 Germany: EGR coolers Market, by Type
10.2.1.2 Germany: EGR coolers Market, by Engine Type
10.2.1.3 Germany: EGR coolers Market, by Vehicle Type
10.2.2 France: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2.1 France: EGR coolers Market, by Type
10.2.2.2 France: EGR coolers Market, by Engine Type
10.2.2.3 France: EGR coolers Market, by Vehicle Type
10.2.3 Italy: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
10.2.3.1 Italy: EGR coolers Market, by Type
10.2.3.2 Italy: EGR coolers Market, by Engine Type
10.2.3.3 Italy: EGR coolers Market, by Vehicle Type
10.2.4 UK: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
10.2.4.1 UK: EGR coolers Market, by Type
10.2.4.2 UK EGR coolers Market, by Engine Type
10.2.4.3 UK: EGR coolers Market, by Vehicle Type
10.2.5 Russia: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
10.2.5.1 Russia: EGR coolers Market, by Type
10.2.5.2 Russia EGR coolers Market, by Engine Type
10.2.5.3 Russia: EGR coolers Market, by Vehicle Type
10.2.6 Rest of Europe: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
10.2.6.1 Rest of Europe: EGR coolers Market, by Type
10.2.6.2 Rest of Europe EGR coolers Market, by Engine Type
10.2.6.3 Rest of Europe: EGR coolers Market, by Vehicle Type
11. Impact of Coronavirus Outbreak
11.1 Impact of COVID-19 Pandemic on Europe EGR Cooler Market
11.2 Europe: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Market Initiatives
12.2 Mergers and Acquisitions
12.3 New Product Development
13. Company Profiles
13.1 Benteler Automotive
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 BorgWarner Inc.
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Faurecia
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Hanon Systems
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 KORENS. Co., LTD.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Valeo
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 MAHLE GmbH
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Rheinmetall Automotive AG
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 Denso Corporation
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Continental AG
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. EGR Cooler Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. Europe EGR Cooler Market –Volume and Average Price to 2027 (Units and US$)
Table 3. Europe EGR coolers Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. Europe EGR coolers Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 5. Europe EGR coolers Market, By Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. Europe EGR coolers Market, By Country – Revenue and Forecast to 2027 (US$ Million)
Table 7. Germany EGR coolers Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 8. Germany EGR coolers Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 9. Germany EGR coolers Market, By Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. France EGR coolers Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. France EGR coolers Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 12. France EGR coolers Market, By Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Italy EGR coolers Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 14. Italy EGR coolers Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. Italy EGR coolers Market, By Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 16. UK EGR coolers Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 17. UK EGR coolers Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 18. UK EGR coolers Market, By Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 19. Russia EGR coolers Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 20. Russia EGR coolers Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 21. Russia EGR coolers Market, By Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 22. Rest of Europe EGR coolers Market, By Type – Revenue and Forecast to 2027 (US$ Million)
Table 23. Rest of Europe EGR coolers Market, By Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 24. Rest of Europe Market, By Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 25. List of Abbreviation
LIST OF FIGURES
Figure 1. EGR Cooler Market Segmentation
Figure 2. EGR Cooler Market Segmentation – By Country
Figure 3. Europe EGR Cooler Market Overview
Figure 4. EGR Cooler Market, By Type
Figure 5. Europe – PEST Analysis
Figure 6. EGR Cooler Market Impact Analysis of Drivers and Restraints
Figure 7. Europe: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 8. Europe: EGR coolers Market Revenue Share, By Type (2019 and 2027)
Figure 9. Tube EGR coolers Market Revenue and Forecast to 2027(US$ Million)
Figure 10. Finned EGR coolers Market Revenue and Forecast to 2027(US$ Million)
Figure 11. Europe: EGR coolers Market Revenue Share, By Engine Type (2019 and 2027)
Figure 12. Diesel Engine Market Revenue and Forecast to 2027(US$ Million)
Figure 13. Gasoline Engine Market Revenue and Forecast to 2027(US$ Million)
Figure 14. Europe: EGR coolers Market Revenue Share, By Vehicle Type (2019 and 2027)
Figure 15. Passenger Market Revenue and Forecast to 2027(US$ Million)
Figure 16. Commercial Market Revenue and Forecast to 2027(US$ Million)
Figure 17. Europe: EGR coolers Market Revenue Share, By Country (2019 and 2027)
Figure 18. Germany: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. France: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Italy: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. UK: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 22. Russia: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 23. Rest of Europe: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 24. Impact of COVID-19 Pandemic in Europe Country Markets
- Benteler Automotive
- BorgWarner Inc.
- Faurecia
- Hanon Systems
- Korens Co. Ltd.
- Valeo
- MAHLE GmbH
- Rheinmetall Automotive AG
- Denso Corporation
- Continental AG
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe EGR cooler market
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the Europe EGR cooler market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution