North America 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 EGR cooler systems are used for passenger and commercial vehicle. The increasing sales of passenger and commercial vehicles owing to growing disposable income are the major driving factor for the North America EGR cooler market.
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Market Overview and Dynamics
The North America EGR cooler market is expected to reach US$ 88.45 Mn by 2027 from US$ 94.93 Mn in 2019, at a CAGR of 2.4% from 2020 to 2027. The exhaust gas recirculation in passenger cars with diesel engines provides significant potential for lowering the engine-out emissions of vehicle engines. In order to support commercial vehicle manufacturers in meeting emissions regulations, various companies are focused on developing economical EGR coolers. The rising number of stringent regulations and compliance requirements are expected to drive the demand for North America EGR cooler market. Further, 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 North America EGR cooler market.
Key Market Segments
In terms of type, the finned EGR coolers segment accounted for the largest share of the North America 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 North America 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, Korens Co. Ltd., Tokyo Roki Co. Ltd., Valeo, Denso Corporation, Continental AG and among others.
Reasons to buy report
- To understand the North America EGR cooler market landscape and identify market segments that are most likely to guarantee a strong return
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- Obtain revenue forecast for the North America EGR cooler market based on various segments, for the period 2020–2027.
NORTH AMERICA EGR COOLER MARKET SEGMENTATION
North America EGR Cooler Market– By Type
- Tube EGR Coolers
- Finned EGR Coolers
North America EGR Cooler Market– By Engine Type
- Diesel Engine
- Gasoline Engine
North America EGR Cooler Market– By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
North America EGR Cooler Market– By Country
- US
- Canada
- Mexico
Company Profiles
- Benteler Automotive
- BorgWarner Inc.
- Faurecia
- Hanon Systems
- Korens Co. Ltd.
- Tokyo Roki Co. Ltd.
- Senior Flexonics
- 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 North America – PEST Analysis
4.3 Ecosystem Analysis
5. EGR Cooler Market–Market Dynamics
5.1 Market Drivers
5.1.1 Rising implementation of EGR cooler in gasoline engines
5.1.2 Focus on lowering the emission
5.2 Market Restraints
5.2.1 Growing preference for electric vehicles
5.3 Market Opportunities
5.3.1 Modular EGR cooler
5.4 Future Trend
5.4.1 Efficient and lightweight EGR cooler
5.5 Impact Analysis of Drivers and Restraints
6. EGR Cooler Market – North America Analysis
6.1 North America: EGR coolers Market
6.1.1 North America: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
7. EGR Cooler Market Analysis – By Type
7.1 Overview
7.2 North America: 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 North America: 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 North America: 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 North America: EGR coolers Market
10.2 North America: EGR coolers Market, by Key Country
10.2.1 US: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
10.2.1.1 US: EGR coolers Market, by Type
10.2.1.2 US: EGR coolers Market, by Engine Type
10.2.1.3 US: EGR coolers Market, by Vehicle Type
10.2.2 Canada: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
10.2.2.1 Canada: EGR coolers Market, by Type
10.2.2.2 Canada: EGR coolers Market, by Engine Type
10.2.2.3 Canada: EGR coolers Market, by Vehicle Type
10.2.3 Mexico: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
10.2.3.1 Mexico: EGR coolers Market, by Type
10.2.3.2 Mexico: EGR coolers Market, by Engine Type
10.2.3.3 Mexico: EGR coolers Market, by Vehicle Type
11. Impact of Coronavirus Outbreak
11.1 Impact of COVID-19 Pandemic on North America EGR Cooler Market
11.2 North America: 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 Tokyo Roki Co. Ltd
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 Senior Flexonics
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 Valeo
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 MAHLE GmbH
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 Rheinmetall Automotive 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
13.11 Denso Corporation
13.11.1 Key Facts
13.11.2 Business Description
13.11.3 Products and Services
13.11.4 Financial Overview
13.11.5 SWOT Analysis
13.11.6 Key Developments
13.12 Continental AG
13.12.1 Key Facts
13.12.2 Business Description
13.12.3 Products and Services
13.12.4 Financial Overview
13.12.5 SWOT Analysis
13.12.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America EGR Cooler Market –Revenue and Forecast to 2027 (US$ Million)
Table 2. North America EGR Cooler Market –Volume and Average Price to 2027 (Units and US$)
Table 3. North America: EGR coolers Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 4. North America: EGR coolers Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 5. North America: EGR coolers Market, by Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 6. US: EGR coolers Market, by Type –Revenue and Forecast to 2027 (US$ Million)
Table 7. US: EGR coolers Market, by Engine Type –Revenue and Forecast to 2027 (US$ Million)
Table 8. US: EGR coolers Market, by Vehicle Type –Revenue and Forecast to 2027 (US$ Million)
Table 9. Canada: EGR coolers Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 10. Canada: EGR coolers Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 11. Canada: EGR coolers Market, by Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 12. Mexico: EGR coolers Market, by Type – Revenue and Forecast to 2027 (US$ Million)
Table 13. Mexico: EGR coolers Market, by Engine Type – Revenue and Forecast to 2027 (US$ Million)
Table 14. Mexico: EGR coolers Market, by Vehicle Type – Revenue and Forecast to 2027 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. EGR Cooler Market Segmentation
Figure 2. EGR Cooler Market Segmentation – By Country
Figure 3. North America EGR Cooler Market Overview
Figure 4. EGR Cooler Market, By Type
Figure 5. North America – PEST Analysis
Figure 6. EGR Cooler Market Impact Analysis of Drivers and Restraints
Figure 7. North America: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 8. North America: 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. North America: 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. North America: 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. North America: EGR coolers Market Revenue Share, by Key Country (2019 and 2027)
Figure 18. US: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 19. Canada: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 20. Mexico: EGR coolers Market – Revenue and Forecast to 2027 (US$ Million)
Figure 21. Impact of COVID-19 Pandemic in North American Country Markets
The List of Companies - North America EGR Cooler Market
- Benteler Automotive
- BorgWarner Inc.
- Faurecia
- Hanon Systems
- Korens Co. Ltd.
- Tokyo Roki Co. Ltd.
- Senior Flexonics
- Valeo
- MAHLE GmbH
- Rheinmetall Automotive AG
- Denso Corporation
- Continental AG
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