With rising amount of greenhouse emitted from road transport, the emission regulations are becoming increasingly strict to reduce the amount. Additionally, the auto manufacturers are eventually designing vehicle to meet the stringent government emission norms. This, in turn, has proliferated the installation of exhaust gas recirculation (EGR) valve in internal combustion engines. The exhaust gas recirculation (EGR) valve is the main component of exhaust gas recirculation (EGR) system. Moreover, the exhaust gas recirculation (EGR) valve connects exhaust manifold to intake manifold and is controlled by either vacuum or a built-in electric step motor. Besides, the exhaust gas recirculation (EGR) valve controls the flow of exhaust gas being recirculated depending on engine load.
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Key Market Players
- 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
- Wells Vehicle Electronics.
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COVID-19 scenario analysis:
- The global production shutdown caused by novel coronavirus has arrived at a time just when the automotive industry had started recovering.
- Besides, the major economies around the world have started witnessing negative growth rate due to the pandemic.
- The magnitude of impact is largely dependent on duration of the lockdown.
- Additionally, issues like shortage of raw material and liquidity crunch could further impact the automotive and component industry.
- However, forecasted growth of electric vehicle post COVID-19 crisis is expected to hamper the exhaust gas recirculation (EGR) valve market.
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Key benefits of the report:
- This study presents the analytical depiction of the exhaust gas recirculation (EGR) valve industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the market share.
- The current market is quantitatively analyzed from 2020 to 2027 to highlight the growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market.
- The report provides a detailed exhaust gas recirculation (EGR) valve market analysis based on competitive intensity and how the competition will take shape in coming years.
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Questions answered in the exhaust gas recirculation (EGR) valve market research report:
- What are the leading market players active in the Exhaust Gas Recirculation (EGR) Valve market?
- What are the current trends that will influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the market?
- What are the projections for the future that would help in taking further strategic steps?
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