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Pure Electric New-Energy Vehicles Will Occupy a Dominant Position in the Future, Automotive EGR System Industry Will Face a Great Threat

Exhaust gas recirculation (EGR) is a system that allows exhaust gas to recirculate back into the intake manifold. In internal combustion engines, exhaust gas recirculation is a nitrogen oxide reduction technology used in gasoline/gasoline and diesel engines. The exhaust gas recirculation system works by recirculating a portion of the engine\'s exhaust gas back to the engine cylinder. The exhaust gas recirculation control valve is installed in the by-pass channel between the intake manifold and exhaust manifold. When the engine is running under load, the EGR valve opens, allowing a small amount of exhaust gas to enter the intake manifold with the combustible mixture into the combustion chamber. When idle, the EGR valve closes and almost no exhaust gas is recirculated to the engine. Automotive exhaust gas is a kind of non-flammable gas (without fuel and oxidizer), no longer participate in combustion in the combustion chamber. It reduces combustion temperature and pressure by absorbing part of the heat generated by combustion to reduce the formation of nitrogen oxides (NOx).

Automotive exhaust gas recirculation (EGR) is divided into electric vehicle exhaust gas recirculation and pneumatic vehicle exhaust gas recirculation, usually powered by compressed air or compressed inert gas. Electric exhaust gas recirculation accounts for the majority of the market in India, with a market share of 72.22% in 2020, almost three times that of pneumatic vehicle exhaust gas recirculation systems. Through market research, we found that non-road engine, heavy engine and light engine exhaust gas recirculation system is the main component of the exhaust gas recirculation system in India. Light engine exhaust gas recirculation accounts for the majority of the market, with a market share of 58.12% in 2020, followed by heavy with 31.41%. Non-road engine exhaust gas recirculation accounts for only 10.47% of the market. 

India Automotive Exhaust Gas Recirculation Market Status Analysis and Prospect Forecast

According to our research, the market for automotive exhaust gas recirculation (EGR) systems in India had a total revenue of $92.16 million in 2015 and grew to $102.39 million in 2019. Based on this, we calculate a series of functions and derive the data of nearly 8 years with scientific model. Finally, the value of EGR is predicted. By 2027, the system market will be worth $134.19 million. From 2020 to 2027, the compound annual growth rate of automobile exhaust recirculation is 4.90%. 

Data show that Maharashtra is the largest revenue market for the automotive exhaust gas recirculation system industry in India, with a market value of $16.7 million in 2020, accounting for 17.39% of the Indian market. Maharashtra is the largest economy in India with high economic level and high market demand. With the region\'s GDP of about $289 billion in 2019-20, Maharashtra\'s economy is the same as that of Hong Kong SAR. 

Tamil Nadu and Uttar Pradesh also have large markets. In 2020, Tamil Nadu became the second largest market in the industry with a market share of 15.14%; Uttar Pradesh came third with 12.58%. Tamil Nadu is India\'s second largest economy, in which more than 50% of the area is urbanized, accounting for 9.6% of the national urban population, while accounting for only 6% of India\'s total population. The GDP of the state in 2019-2020 is about $250 billion, and the market and economy can develop relatively steadily, with a good trend and promising prospects. 

In addition, Andhra Pradesh and West Bengal are the fastest growing economies in India and have huge market development potential.  Andhra Pradesh and West Bengal were among the top five in 2020 with a market share of 5.47% and 7.35% respectively. 

The automotive exhaust gas recirculation (EGR) system industry is moderately concentrated in India. The top three companies are Faurecia, Borgwarner and Valeo Services India Private Limited. The 2020 revenue market share was 14.88%, 13.33% and 13.16%, respectively. 

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Future development trend of Automotive waste gas recirculation system industry in India 

After a period of development, the industry is in growth. With the continuous upgrading of products and the development of technology and economy, the continuous improvement of transportation network, the steady growth of downstream demand, the market will continue to expand. At the same time, the industry is also faced with a series of problems such as large fluctuations in raw material and labor costs, gradually stricter government regulatory policies and fierce market competition, which will affect the development speed of the industry to a certain extent.

In addition, in recent years, the new energy vehicle industry has gradually developed. In the future, pure electric vehicles and fuel cell vehicles will jointly dominate India\'s new vehicle development energy vehicle market.  Pure electric models will become mainstream products for passenger cars, while hybrids are just a transition. In the next decade of development, pure electric vehicles will dominate the market. On the one hand, they benefit from the government\'s policy preferences. On the other hand, drivers such as vehicle cost are also accelerating the development of the pure electric vehicle market. Pure electric new energy vehicles have no exhaust emissions and are believed to reduce air pollution and ease energy shortages. Under the premise of advocating global environmental protection, the new energy automobile industry will definitely become the direction and target of the development of the automobile industry in the future. Therefore, with the development of electric vehicles, the demand for automobile exhaust gas recirculation system will be greatly reduced in the future, thus limiting the development of the industry.

View the full TOC at:https://www.globalmarketmonitor.com/reports/762458-automotive-exhaust-gas-recirculation-(egr)s-market-report.html