Automotive Exhaust Gas Recirculation (EGR)s Market Analysis Spreads In 110 Pages with 162 Figures and Tables – Sector : Automobile & Transportation
[110 Pages Report with Detailed Analysis] Automotive Exhaust Gas Recirculation (EGR)s Market (Description) : Automotive exhaust gas recirculation (EGR) systems are one of the most important components in any automobile engine. It is a NOx emission control technique applicable to a wide range of diesel engines. EGR is there to reduce emissions. It does this by rerouting some of the exhaust gases coming from the engine back into the combustion chambers in the engine.
Report Overview
Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Automotive Exhaust Gas Recirculation (EGR)s estimated at USD million in the year 2022, is projected to reach a revised size of USD million by 2028, growing at a CAGR of % during the forecast period 2022-2028.
According to the report, one of the key drivers of the market is the regulation of NOx emission from diesel and gasoline engines. To comply with rigorous NOx emission regulations, a combination of NOx reduction catalysts and EGR systems is used. With the rapid development of China’s economy, environmental pollution has become a major problem restricting China to build a harmonious society. Chinese car ownership will continue to average annual growth rate of 9%, reduce the pollution caused by vehicle emissions, EGR technology is an effective way to support the engine has reached the Euro IV emission standards above.
SEGMENTATION ANALYSIS
Top Key players:
By Types
By Application
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