Europe EGR Valves Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Electric EGR Valves and Pneumatic EGR Valves), Application (Gasoline Engine and Diesel Engine), and Vehicle Type (Passenger Cars, LCV, and MCV and HCV)    

Code: TIPRE00029029 | Pages: 121 | Industry: Automotive and Transportation | Date: May 2022
Covid

The EGR valves market in Europe is expected to grow from US$ 210.24 million in 2021 to US$ 266.81 million by 2028; it is estimated to grow at a CAGR of 3.5% from 2021 to 2028.

 

Most vehicle manufacturers are putting EGR technology into their vehicles since it helps reduce harmful gas emissions. EGR provides vehicle makers with a cost-effective, compact, and dependable technique for lowering vehicle emissions and increasing fuel efficiency. It is quickly gaining traction as a go-to solution for improving the efficiency of gasoline and hybrid propulsion systems. The EGR valve market is expected to grow over the projected period as the demand for EGR technology grows due to its benefits. Furthermore, stricter emission requirements for automobiles are projected to boost the demand for EGR valves due to their capacity to improve the internal combustion engine's efficiency in terms of power and fuel economy. EGR optimizes intake and exhaust gases, circulating them in the cylinder until they completely burn, lowering emissions. Automakers are replacing traditional systems with EGR systems to meet strict pollution standards. As a result, the market for vehicle EGR valves is growing. Furthermore, as EGR reduces high temperatures in the combustion chamber, various tactics aimed at boosting engine efficiency and fuel economy can be implemented. Using cooled EGR valves helps the engine run more efficiently by managing pumping gas, improving combustion timing for a steady burn without knocking, and avoiding the use of enriched fuel/air mixtures, which saves gasoline. Carbon monoxide (CO) and nitrogen oxide (NOx) emissions, as well as particulate matter, are reduced via EGR valve technology. By directly detecting valve lift, the EGR valve provides exceptional precision. It also features a simple, low-leak design that eliminates sticking and utilizes fewer parts in the gear train, resulting in a compact, cost-effective solution with a 25% quicker speed. Hence, the demand for EGR valves is likely to propel during the forecast period.

 

With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the EGR valves market. The Europe EGR valves market is expected to grow at a good CAGR during the forecast period.

 

Europe EGR Valves Market Revenue and Forecast to 2028 (US$ million)

Europe EGR Valves Market Revenue and Forecast to 2028 (US$ million)

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Europe EGR Valves Market Segmentation

 

The Europe EGR valves market is segmented based on type, application, vehicle type, and country. Based on type, the market is segmented into electric EGR valves and pneumatic EGR valves. The pneumatic EGR valves segment dominated the market in 2020 and electric EGR valves segment is expected to be the fastest growing during the forecast period. Based on application, the market is segmented into gasoline engine and diesel engine. The diesel engine segment dominated the market in 2020 and gasoline engine segment is expected to be the fastest growing during the forecast period. Based on vehicle type, the market is segmented into passenger cars, LCV, MCV, and HCV. The LCV segment dominated the market in 2020 and is expected to be the fastest growing during the forecast period. Based on country, the Europe EGR valves market is classified into Germany, France, Italy, the UK, Russia, and the Rest of Europe. BorgWarner Inc.; Continental AG; Denso Corporation; Korens. Co., Ltd. Mahle GmbH; Mitsubishi Electric Corporation; Nissens Automotive A/S; Rheinmetall Automotive AG; Tenneco Inc.; and Valeo are among the leading companies in the Europe EGR valves market.

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.           Europe EGR Valves Market Landscape

4.1         Market Overview

4.2         Europe PEST Analysis

4.3         Ecosystem Analysis

4.4         Expert Opinions

5.           Europe EGR Valves Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Burgeoning Demand for Commercial Vehicles

5.1.2        Accentuating Demand for Emission Reducing Technology

5.2         Market Restraints

5.2.1        Stiff Rules Imposed by Governments

5.3         Market Opportunities

5.3.1        Increasing Automotive Industry

5.4         Future Trends

5.4.1        Rising Technological Innovations

5.5         Impact Analysis of Drivers and Restraints

6.           EGR Valves Market – Europe Analysis

6.1         Europe EGR Valves Market Overview

6.2         Europe EGR Valves Market Revenue Forecast and Analysis

7.           Europe EGR Valves Market Analysis – By Type

7.1         Overview

7.2         Europe EGR Valves Market, By Type (2020 And 2028)

7.3         Electric EGR valves

7.3.1        Overview

7.3.2        Electric EGR valves: EGR valves Market Revenue and Forecast To 2028 (US$ Million)

7.4         Pneumatic EGR valves

7.4.1        Overview

7.4.2        Pneumatic EGR valves: EGR valves Market Revenue and Forecast To 2028 (US$ Million)

8.           Europe EGR Valves Market Analysis – By Application

8.1         Overview

8.2         Europe EGR Valves Market, By Application (2020 And 2028)

8.3         Gasoline Engine

8.3.1        Overview

8.3.2        Gasoline Engine: EGR valves Market Revenue and Forecast To 2028 (US$ Million)

8.4         Diesel Engine

8.4.1        Overview

8.4.2        Diesel Engine: EGR valves Market Revenue and Forecast To 2028 (US$ Million)

9.           Europe EGR Valves Market Analysis – By Vehicle Type

9.1         Overview

9.2         Europe EGR Valves Market, By Vehicle Type (2020 and 2028)

9.3         Passenger Cars

9.3.1        Overview

9.3.2        Passenger Cars: EGR valves Market Revenue and Forecast To 2028 (US$ Million)

9.4         LCV

9.4.1        Overview

9.4.2        LCV: EGR valves Market Revenue and Forecast To 2028 (US$ Million)

9.5         MCV AND HCV

9.5.1        Overview

9.5.2        MCV and HCV: EGR valves Market Revenue and Forecast To 2028 (US$ Million)

10.        Europe EGR Valves Market – Country Analysis

10.1      Overview

10.1.1     Europe: EGR valves Market, by Key Country

10.1.1.1       Germany: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.1.1       Germany: EGR valves Market, by Type

10.1.1.1.2       Germany: EGR valves Market, By Application

10.1.1.1.3       Germany: EGR valves Market, By Vehicle Type

10.1.1.2       France: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.2.1       France: EGR valves Market, by Type

10.1.1.2.2       France: EGR valves Market, By Application

10.1.1.2.3       France: EGR valves Market, By Vehicle Type

10.1.1.3       Italy: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.3.1       Italy: EGR valves Market, by Type

10.1.1.3.2       Italy: EGR valves Market, By Application

10.1.1.3.3       Italy: EGR valves Market, By Vehicle Type

10.1.1.4       UK: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.4.1       UK: EGR valves Market, by Type

10.1.1.4.2       UK: EGR valves Market, By Application

10.1.1.4.3       UK: EGR valves Market, By Vehicle Type

10.1.1.5       Russia: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.5.1       Russia: EGR valves Market, by Type

10.1.1.5.2       Russia: EGR valves Market, By Application

10.1.1.5.3       Russia: EGR valves Market, By Vehicle Type

10.1.1.6       Rest of Europe: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

10.1.1.6.1       Rest of Europe: EGR valves Market, by Type

10.1.1.6.2       Rest of Europe: EGR valves Market, By Application

10.1.1.6.3       Rest of Europe: EGR valves Market, By Vehicle Type

11.        Industry Landscape

11.1      Overview

11.2      Market Initiative

12.        Company Profiles

12.1      BorgWarner Inc.

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Continental AG

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Nissens Automotive A/S

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Denso Corporation

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      Korens. Co., Ltd.

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      Mahle GmbH

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      Mitsubishi Electric Corporation

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Rheinmetall Automotive AG

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Tenneco Inc.

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

12.10   Valeo

12.10.1  Key Facts

12.10.2  Business Description

12.10.3  Products and Services

12.10.4  Financial Overview

12.10.5  SWOT Analysis

12.10.6  Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Word Index


LIST OF TABLES

Table 1.             Europe EGR Valves Market Revenue and Forecast to 2028 (US$ Million)

Table 2.             Europe: EGR valves Market Revenue Share, by Key Country (2020 and 2028)

Table 3.             Germany: EGR valves Market, by Type–Revenue and Forecast to 2028 (US$ Million)

Table 4.             Germany: EGR valves Market, By Application–Revenue and Forecast to 2028 (US$ Million)

Table 5.             Germany: EGR valves Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 6.             France: EGR valves Market, by Type–Revenue and Forecast to 2028 (US$ Million)

Table 7.             France: EGR valves Market, By Application–Revenue and Forecast to 2028 (US$ Million)

Table 8.             France: EGR valves Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 9.             Italy: EGR valves Market, by Type–Revenue and Forecast to 2028 (US$ Million)

Table 10.          Italy: EGR valves Market, By Application–Revenue and Forecast to 2028 (US$ Million)

Table 11.          Italy: EGR valves Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 12.          UK: EGR valves Market, by Type–Revenue and Forecast to 2028 (US$ Million)

Table 13.          UK: EGR valves Market, By Application–Revenue and Forecast to 2028 (US$ Million)

Table 14.          UK: EGR valves Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 15.          Russia: EGR valves Market, by Type–Revenue and Forecast to 2028 (US$ Million)

Table 16.          Russia: EGR valves Market, By Application–Revenue and Forecast to 2028 (US$ Million)

Table 17.          Russia: EGR valves Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 18.          Rest of Europe: EGR valves Market, by Type–Revenue and Forecast to 2028 (US$ Million)

Table 19.          Rest of Europe: EGR valves Market, By Application–Revenue and Forecast to 2028 (US$ Million)

Table 20.          Rest of Europe: EGR valves Market, By Vehicle Type–Revenue and Forecast to 2028 (US$ Million)

Table 21.          List of Abbreviation

 


LIST OF FIGURES

Figure 1.           Europe EGR Valves Market Segmentation

Figure 2.           Europe EGR Valves Market Segmentation – By Country

Figure 3.           Europe EGR Valves Market Overview

Figure 4.           Europe EGR Valves Market, By Type

Figure 5.           Europe EGR Valves Market, By Country

Figure 6.           Europe PEST Analysis

Figure 7.           Europe EGR valves Market- Ecosystem Analysis

Figure 8.           Europe EGR Valves Market Impact Analysis of Drivers and Restraints

Figure 9.           Europe EGR Valves Market Revenue Forecast and Analysis (US$ Million)

Figure 10.        Europe EGR valves Market, By Type (2020 And 2028)

Figure 11.        Europe Electric EGR Valves: EGR Valves Market Revenue and Forecast to 2028 (US$ Million)

Figure 12.        Europe Pneumatic EGR Valves: EGR valves Market Revenue and Forecast to 2028 (US$ Million)

Figure 13.        Europe EGR Valves Market, By Application (2020 and 2028)

Figure 14.        Europe Gasoline Engine: EGR valves Market Revenue and Forecast to 2028 (US$ Million)

Figure 15.        Europe Diesel Engine: EGR valves Market Revenue and Forecast to 2028 (US$ Million)

Figure 16.        Europe EGR Valves Market, By Vehicle Type (2020 and 2028)

Figure 17.        Europe Passenger Cars: EGR valves Market Revenue and Forecast to 2028 (US$ Million)

Figure 18.        Europe LCV: EGR valves Market Revenue and Forecast to 2028 (US$ Million)

Figure 19.        Europe MCV and HCV: EGR valves MARKET REVENUE and Forecast to 2028 (US$ Million)

Figure 20.        Europe: EGR Valves Market, by Key Country – Revenue (2020) (US$ Million)

Figure 21.        Europe: EGR valves Market Revenue Share, by Key Country (2020 and 2028)

Figure 22.        Germany: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

Figure 23.        France: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

Figure 24.        Italy: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

Figure 25.        UK: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

Figure 26.        Russia: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

Figure 27.        Rest of Europe: EGR valves Market – Revenue and Forecast to 2028 (US$ Million)

  1. BorgWarner Inc. 
  2. Continental AG
  3. Denso Corporation
  4. Korens. Co., Ltd.
  5. Mahle GmbH
  6. Mitsubishi Electric Corporation
  7. Nissens Automotive A/S
  8. Rheinmetall Automotive AG
  9. Tenneco Inc.
  10. Valeo
  • Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe EGR valves 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 valves 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 EGR valves 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
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