Global Exhaust Gas Recirculation Cooler Market by Type (Plate Wing, Shell And Tube), By Application (Car, Aerospace) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Exhaust Gas Recirculation Cooler Market Size is projected to grow at a CAGR of 4.3% during the forecast period, from 2021 to 2028. The key factors driving the growth of this market are skyrocketing emission norms and strict regulatory guidelines.

Exhaust Gas Recirculation Coolers are devices that cool hot engine air in order to reduce emissions and improve fuel efficiency. They have three different types - tube, shell, and wing- which vary based on their cooling system type (passive or active). These coolers can be used in both automotive applications as well as aerospace vehicles, with the latter requiring more robust ones due to their higher operating conditions.

Exhaust gas recirculation (EGR) is a technology used in internal combustion engines to increase the engine's efficiency. It adds more unburned fuel into the exhaust stream, where it then burns with some of the oxygen present in that same stream before being exhausted. As burning this extra fuel reduces nitrogen oxides emissions from diesel-powered vehicles and helps make their products less expensive, EGR has been adopted by automotive manufacturers as standard equipment on many modern cars today.

On the basis of Types, the market is segmented into Plate Wing, Shell, and Tube.

Plate Wing:

Exhaust Gas Recirculation Coolers are devices that cool the air coming to an engine by recirculating some of the hot exhaust gases around it. Plate Wing Exhaust Gas Recirculation Cooler includes a set of plates, mounted in wings and covered with channels that allow gas flow from one side to the other while cooling fins or tubes can be installed on each plate for more effective heat transfer.

Shell:

Shell Exhaust Gas Recirculation Cooler is a type of exhaust gas recirculation cooler. Shell coolers are characterized by the presence of shells that contain the gases and have tubes, fins, or plates in which these gases flow to enhance cooling. It operates on heat transfer principles such as conduction, convection, and radiation. The shell has two halves with an opening for circulation of liquids along one side-wall between them called a wet pan baffle area.

Tube:

Tube exhaust gas recirculation cooler is a type of heat exchanger used in the automotive industry. It circulates cold water through tubes to cool down the gases from an engine before it enters the atmosphere, which helps reduce pollution and save fuel. Exhaust gas recirculation (EGR) coolers are fitted inside or outside the vehicle's engine block depending on their size-large EGRs can be mounted externally whereas smaller ones need to be fitted internally. A tube form of this heat exchanger has a large surface area for cooling as compared to other types like plate, wing, shell, etc., hence more efficient than them with respect to lower weight.

On the basis of Application, the market is segmented into car and aerospace.

Car:

The exhaust gas recirculation cooler is a heat exchanger that helps to regulate the temperature of an engine. It’s these devices are used in some cars to reduce emissions and increase fuel efficiency, but they may also help engines run more efficiently by providing cooling for parts such as turbochargers. They work with the vehicle's air conditioner system to cool down incoming combustion gases from the car's engine before they enter your cabin (or if you have no A/C: at least before those hot gasses make it out through open windows).

Aerospace:

The use of Exhaust Gas Recirculation Coolers in the aerospace industry is on the rise, as it helps reduce jet emissions. Exhaust Gas Recirculation (EGR) coolers operate through fuel evaporation into hot exhaust gases where they cause water vaporization before being condensed back into liquid form and filtered out of the engine. With the rise of air travel, this technique has become an essential part of modern jet engines to help reduce harmful emissions such as CO, hydrocarbons, and particulate matter. Major air carriers are installing these devices to help meet stricter requirements by 2020.

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and the Middle East & Africa. In the North American region, the U.S is a dominant market and has accounted for a major share of the overall exhaust gas recirculation cooler market.

Growth Factors For The Global Exhaust Gas Recirculation Cooler Market:

The market growth factor is the increasing application of exhaust gas recirculation coolers in automobiles. The automotive industry has been using this technology for a long time to reduce air pollution caused by diesel engines with high carbon emissions. With stricter emission norms such as Euro VI and VOC standards, OEMs are investing heavily in EGR technologies at low-cost levels and without complex ECU programming required to meet these requirements. Other growth factors are the increasing demand for eco-friendly technologies in emerging markets, especially China and India due to higher vehicle production rates and stricter emission norms.

Up Market Research published a new report titled “Exhaust Gas Recirculation Cooler Market research report which is segmented by Types (Plate Wing, Shell And Tube), By Applications (Car, Aerospace), By Players/Companies Kelvion Holding, Modine Manufacturing Company, Tokyo Roki Co Ltd, BorgWarner, Bühler Group, Valeo, Tantivy Automotive Co Ltd, Emitec GmbH, bdp Mechanical Components, Rheinmetall Automotive AG”. 

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Exhaust Gas Recirculation Cooler Market Report Segments:

The market is segmented by Type Plate Wing, Shell And Tube and By Application Car, Aerospace.

Some of the companies that are profiled in this report are:

1. Kelvion Holding
2. Modine Manufacturing Company
3. Tokyo Roki Co Ltd
4. BorgWarner
5. Bühler Group
6. Valeo
7. Tantivy Automotive Co Ltd
8. Emitec GmbH
9. bdp Mechanical Components
10. Rheinmetall Automotive AG

Exhaust Gas Recirculation Cooler Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Exhaust Gas Recirculation Cooler Market

Overview of the regional outlook of the Exhaust Gas Recirculation Cooler Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Exhaust Gas Recirculation Cooler Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Exhaust Gas Recirculation Cooler Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Plate Wing

                2. Shell And Tube

                1. Car

                2. Aerospace

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Exhaust Gas Recirculation Cooler Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

How you may use our products:

• Correctly Positioning New Products
• Market Entry Strategies
• Business Expansion Strategies
• Consumer Insights
• Understanding Competition Scenario
• Product & Brand Management
• Channel & Customer Management
• Identifying Appropriate Advertising Appeals

Reasons to Purchase the Exhaust Gas Recirculation Cooler Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.