Exhaust Gas Recirculation Valve Market: Top Global Players Competition with Consumption, Revenue and Gross Margin by 2026
Exhaust Gas Recirculation (EGR) valves are
used in internal combustion engines. The mechanism refers to a technique that
helps in reducing the emissions caused due to combustion of diesel and
gasoline. Exhaust gas is allowed to pass back to the engine cylinder thereby,
reducing resultant emissions and allowing it to be utilized by engine. In case
of diesel engines, the exhaust gas changes the parts of the oxygen that is
excess in the mixture of pre-combustion. When the air/fuel mixture in an engine
is burnt at a very high temperature, various hazardous gases such as greenhouse
gases and nitrous oxide are produced. By reducing the combustion temperature,
through the use of the EGR valve, the production of these gases is reduced
significantly without impacting the efficiency of the vehicle. Thus, using EGR
valves allows vehicles to be more environment friendly and at the same time
cost effective by saving on fuel.
Rising need for fuel efficient and
eco-friendly vehicles is driving growth of the market
Increasing scarcity of fossil fuels and rising
awareness regarding the harmful emission of gases is expected to be major
factor for growth of the market.. This has resulted in development of
alternatives to conventional fuels such as diesel, petrol, and gasoline.
However, research for this is time consuming and it would take time for
implementation and adoption. Also, demand for reducing fuel consumption of
automobiles through use of various means such as better design of engines is
increasing. The mechanism of exhaust gas recirculation valve allows gas to be
reutilized to some extent, which has been omitted after combustion of fuel in
the engine thereby, increasing fuel efficiency of the vehicle. The mechanism of
EGR allows emissions to be curtailed to significant degree by recycling the gas
into potential fuel for running the engine.
Other features that are boosting growth of the
EGR valve market are its ability to reduce temperature levels in the combustion
chamber and ensure steps aimed at improving engine efficiency and fuel
economy. Using cooled EGR valves allows pumping of gas and helps engine
run more efficiently, improves combustion timing for a slow burn without
knocking and helps in preventing usage of fuel/air mixtures, which conserves
fuel. EGR valve helps to reduce carbon monoxide (CO) and nitrogen oxide (NOx)
emissions as well as particulate matter (PM) and this in turn helps in reducing
emission of hazardous elements in the ecosystem. EGR valve delivers high
accuracy by measuring the valve lift directly. It has a simple design that
prevents sticking and uses fewer parts in the gear train, which results in
compact, cost-effective solution with 25% faster speed. Moreover, increasing
stringency on emission such as emission standards for greenhouse gas (GHG),
Clean Air Act (CAA) by Environment Protection Act (EPA) is expected to drive growth
of EGR valves market.
Global Exhaust Gas Recirculation Valve Market:
Regional Insights
North America held a dominant position in the
global exhaust gas recirculation market in 2016, and is expected to retain its
dominance throughout the forecast period. The features that are helping growth
of EGR valves market in the region are; it helps improve the engine’s life by
reducing temperature in the combustion chamber, decreases fuel consumption and
aims to improve engine efficiency. The region has large number of vehicles as
compared to other regions. For instance, according to WHO analysis the U.S. has
0.83 vehicle per person. Along with number of vehicles, the need for EGR valve
increases to attain fuel economy. Owing to these reasons, the EGR valve market
in North America is expected to exhibit high growth in the near future.
The market in Asia Pacific is estimated to
exhibit the highest CAGR over the forecast period. This is attributed to
increasing per capita income in the region (according to World Bank report),
which is boosting growth of vehicles market and is in turn affecting
growth of the EGR valves market.
Global Exhaust Gar Recirculation Valve Market:
Competitive Background
Major players operating in the exhaust gas
recirculation market are Airtex Vehicle Electronics, Automotive LLP, BorgWarner
Inc., Cambustion Ltd., Delphi ANSYS Inc., DENSO Europe B.V., Friedrich Boysen
GmbH & Co. KG, IAV GmbH, Mahle GmbH, and Wells Vehicle Electronics.
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Global Exhaust gas Recirculation Valve Market:
Taxonomy
On basis of valve type
- Electric
EGR Valve
- Pneumatic
EGR Valve
On basis of vehicle type
- Heavy
Commercial Vehicle (HCV)
- Light
Commercial Vehicle (LCV)
- Passenger
Cars
- Others
On basis of application
- Gasoline
Engine
- Diesel
Engine
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