Global exhaust heat recovery system market will undergo a rise in its market value from USD 41.73 billion to USD 103.7 billion for the forecast period of 2021-2028. Data Bridge Market Research analyses that the market will witness a CAGR of 12.06% for the forecast period.
The first-class EXHAUST HEAT RECOVERY SYSTEM MARKET report helps the firm in exploring new uses and new markets for its existing products and thereby, increasing the demand for its products. The base year for calculation in the report is taken as 2021 and the historic year is 2020 which tells how the EXHAUST HEAT RECOVERY SYSTEM MARKET is going to perform in the forecast years by informing what the market definition, classifications, applications, and engagements are. Global EXHAUST HEAT RECOVERY SYSTEM MARKET report offers research and consulting services focused on achieving competitive leverage, with acquiring and preserving market position as key aims of the program.
Exhaust heat recovery system market Scope & Size:
The exhaust heat recovery system market is segmented on the basis of type, technology, component, energy source, vehicle and sales channel.
- On the basis of type, the exhaust heat recovery system market is segmented into exhaust gas heat recovery (EGHR), ranking cycle systems, thermoelectric generator and electric turbo compounding (ETC).
- On the basis of technology, the exhaust heat recovery system market is segmented into EGR, turbocharger, ORC and TEG.
- On the basis of component, the exhaust heat recovery system market is segmented into EGR valve and cooler, compressor, turbine, evaporator, condenser and TEG module.
- The exhaust heat recovery system market can also be segmented on the basis of energy source into fuel and electric vehicles.
- On the basis of vehicle type, the exhaust heat recovery system market is bifurcated into passenger, light commercial vehicles heavy commercial vehicles and electric vehicles.
- On the basis of sales channel, the exhaust heat recovery system market is segmented into OEM and aftermarket.
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Some of the key questions answered in this report:
How has the Exhaust heat recovery system market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-16.8 on the Exhaust heat recovery system market?
- What are the key regional markets?
- What is the breakup of the market based on the procedure?
- What is the breakup of the market based on the injury location?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the Exhaust heat recovery system market and who are the key players?
- What is the degree of competition in the industry?
Market Analysis and Insight: Exhaust heat recovery system market
- The exhaust heat recovery system is a technology that helps to reduce carbon dioxide emissions from vehicles. It further is used by the manufacturers to save fuel and energy. The exhaust heat recovery system converts the thermal losses in the engine exhaust into energy. From the name itself, it is clear that the technology can be used either on conventional vehicles or hybrid ones. It cannot be used on electric vehicles because they don’t emit any harmful gases.
- The major attraction of this market is its ability to convert thermal waste into energy and reduce environmental pollution at the same time. Also, the demand for this system has substantially risen with the global aim to reduce the pollution level which has increased due to the increasing number of vehicles on the road. Also, strict norms and regulations by the government over fuel gas emissions have enabled the manufacturers to incorporate this technology. As a result, the research and development of technology are also increasing.
- On the contrary, strict competition from the existing and emerging market players may somehow slow down the exhaust heat recovery system’s market growth. Also, the lack of awareness among the consumers about the same will hamper the market extension. The cost involved in installing the same is another market restraint. Adding the technology to the vehicles increasing the cost of the vehicle and not everyone can pay for that.
Exhaust heat recovery system market - Regional Level Analysis
- The countries covered in the exhaust heat recovery system market report are U.S., Canada and Mexico in North America, Peru, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Hungary, Lithuania, Austria, Ireland, Norway, Poland, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Vietnam, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), South Africa, Saudi Arabia, U.A.E, Kuwait, Israel, Egypt, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
Exhaust heat recovery system market - Share Analysis:
- The exhaust heat recovery system market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to exhaust heat recovery system market.
Key player - Exhaust heat recovery system market
The major players covered in the exhaust heat recovery system market report are
- BorgWarner Inc.
- Continental AG
- Faurecia
- DENSO CORPORATION
- MAHLE GmbH
- Robert Bosch GmbH
- Bosal
- Cummins Inc.
- Tenneco Inc.
- Autoliv Inc.
- IHI Corporation
- Econotherm (UK) LTD
- Thermax Limited.
- Siemens
- GENERAL ELECTRIC and MITSUBISHI HEAVY INDUSTRIES, LTD. Market share data is available for Global.
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MAJOR TOC OF THE REPORT
Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Exhaust heat recovery system market Share by Product & Procedure type
Get TOC Details:
https://www.databridgemarketresearch.com/toc/?dbmr=global-exhaust-heat-recovery-system-market
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