Global Exhaust Heat Recovery System Market had reached the valuation of USD 29.83 Billion in 2017 and is set to be worth USD 54.01 billion by 2023, as per latest study by Market Research Future (MRFR). It is expected to surge at a healthy CAGR of 10.40% from 2019 to 2023 (forecast period) on account of the fast development of the global cement industry. Moreover, stringent emission regulations coupled with increasing demand for diesel vehicles, particularly in the commercial vehicle segment have been highly instrumental in the overall growth of the exhaust heat recovery system market.

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Key Market Players

Faurecia (France), Mahle (Germany), Continental (Germany), Denso (Japan), Valeo (France), Dana (US), Calsonic Kansei (Japan), Delphi Technologies (UK), Mitsubishi Electric (Japan), Hitachi Ltd. (Japan), Bosal (Belgium), Tenneco Inc. (US), Borgwarner Inc.  (US) are some of the prominent companies competing in the global exhaust heat recovery system market.

Exhaust Heat Recovery System Market Segmentation:

The Exhaust Heat Recovery System Market is segmented on the basis of the component, technology, and vehicle.

By component, the market is segmented into EGR valve & cooler, turbine, compressor, evaporator, condenser, TEG module and others. Among these, EGR valve & cooler is leading in the global market, whereas the turbine market is growing at the fastest rate.

Technology-wise, the market is segmented into EGR, turbocharger, ORC, TEG among others. Among these, EGR is dominating the global market, as a result of its augmented demand based on the benefits it offers. These include allowing vehicles to be more environment-friendly along with being highly cost-effective by saving fuel. On the other hand, turbocharger is the fastest growing market because of the growing demand for energy-proficient engine and optimized atmospheric pollution.

Vehicle-based segmentation in the global exhaust heat recovery system market are PC, light commercial vehicle (LCV), Truck, Bus, Hybrid and overhead valve engine (OHV), where the hybrid electric vehicle segment owns the largest market share and the PC segment is the fastest growing. Hybrid electrical vehicles aim to deliver considerable fuel savings with no additional cost and these vehicles reduce overall emissions. Based on these factors, the market expansion of hybrid electric vehicles has been inevitable in recent years.

Global Exhaust Heat Recovery System Market by Component

• EGR Valve & Cooler
• Turbine
• Compressor
• Evaporator
• Condenser
• TEG Module
• Others

Global Exhaust Heat Recovery System Market by Technology

• EGR
• Turbocharger
• ORC
• TEG
• Others

Global Exhaust Heat Recovery System Market by Vehicle

• PC
• LCV
• Truck
• Bus
• Hybrid
• OHV

Exhaust Heat Recovery System Market Regional Analysis:

Based on region, the global exhaust heat recovery system market is segmented into Asia Pacific, Europe, Americas, Africa & the Middle east and the Rest of the World (ROW).

Among these, the Americas is the dominating market in the global exhaust heat recovery system market. Strict regulations implemented by the government along with various environmental organizations to save energy are driving the market in the Americas. In the region, the United States (U.S) is a major contributor, backed by strong economic growth as well as rapid industrialization in the country.

The market in Asia Pacific is growing at the fastest rate as a result of the high industrialization paired with increasing significance of sustainable energy in emerging markets, particularly in China and India. Also, thriving manufacturing sector in the region is noted to profit the exhaust heat recovery system market in the region. In addition, Japan, China, Singapore, and Australia are the prominent contributors to the market in the region.

Table Of Contents

1 Executive Summary

2 Market Introduction

2.1 Definition

2.2 Scope Of The Study

2.3 Market Structure

2.4 Key Takeaways

2.5 Macro Factor Indicators Analysis

2.5.1 GDP (USD Million)

2.5.2 GNI Per Capita, Atlas Method (USD)

2.5.3 GDP Per Capita PPP (USD)

2.5.4 Macro Indicators Influencing The Exhaust Heat Recovery System For Top 5 Countries

2.5.4.1 US

2.5.4.2 Germany

2.5.4.3 Japan

2.5.4.4 China

2.5.4. 5 UK

2.6 Market Insights

2.7 List Of Assumptions

3 Research Methodology

3.1 Research Component

3.2 Primary Research

3.3 Secondary Research

3.4 Market Size Estimation

3.5 Forecast Model

4 Market Dynamics

4.1 Introduction

4.2 Drivers

4.2.1 Stringent Emission Regulations

4.2.2 Growing Demand For Diesel Vehicles Mainly In The Commercial Vehicle Segment

4.3 Restraints

4.3.1 Shifting Trend Toward Electric Propulsion In Light-Duty Vehicles In Developed Countries

4.3.2 Lower Level Of Awareness Among Consumers

4.3.3 Restraints Impact Analysis

4.4 Opportunity

4.3.1 Harmonization Of Emission Standards

4.5 Value Chain Analysis

4.6 Porter’s Five Forces Model

4.6.1 Threat Of New Entrants

4.6.2 Bargaining Power Of Suppliers

4.6.3 Bargaining Power Of Buyers

4.6.4 Threat Of Substitutes

4.6.5 Intensity Of Rivalry

5 Global Exhaust Heat Recovery System Market, By Component

5.1 Overview

5.1.1 EGR Valve & Cooler

5.1.1.1 Market Estimates & Forecast, 2018-2023

5.1.1.2 Market Estimates & Forecast, By Region/Country, 2018-2023

5.1.2 Turbine

5.1.2.1 Market Estimates & Forecast, 2018-2023

5.1.2.2 Market Estimates & Forecast, By Region/Country, 2018-2023

5.1.3 Compressor

5.1.3.1 Market Estimates & Forecast, 2018-2023

5.1.3.2 Market Estimates & Forecast, By Region/Country, 2018-2023

5.1.4 Evaporator

5.1.4.1 Market Estimates & Forecast, 2018-2023

5.1.4.2 Market Estimates & Forecast, By Region/Country, 2018-2023

5.1.5 Condenser

5.1.5.1 Market Estimates & Forecast, 2018-2023

5.1.5.2 Market Estimates & Forecast, By Region/Country, 2018-2023

5.1.6 TEG Module

5.1.6.1 Market Estimates & Forecast, 2018-2023

5.1.6.2 Market Estimates & Forecast, By Region/Country, 2018-2023

5.1.7 Others

5.1.7.1 Market Estimates & Forecast, 2018-2023

5.1.7.2 Market Estimates & Forecast, By Region/Country, 2018-2023

Continue….

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