Exhaust Heat Recovery System Market by Region America, Europe, Asia Pacific, Middle East and Africa, South America forecast till 2023
Exhaust Heat Recovery System Market Research Report - Global Forecast to 2023
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Exhaust Heat Recovery System Market by Region America, Europe, Asia Pacific, Middle East and Africa, South America forecast till 2023
Summary: Exhaust Heat Recovery System Market Research Report by Component (EGR Valve & Cooler, Turbine, Compressor, Evaporator, Condenser, TEG Module, Others), Technology (EGR, Turbocharger, ORC, TEG, Others), Vehicle (PC, LCV, Truck, Bus, Hybrid, OHV), and Region-Global Forecast till 2023 See Table of Content Here:
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Exhaust Heat Recovery System market is estimated to witness 54.01% CAGR during the forecast period from 2019 to 2023. Exhaust Heat Recovery System market overview: The 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 2018 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. In addition, the use of exhaust heat for auxiliary applications like heating, ventilation, and air conditioning (HVAC), elevated adoption of exhaust gas recirculation (EGR) and turbocharger in gasoline vehicles have worked in favor of the market growth as well. Another primary reason for the growth of the exhaust heat recovery system market is the reduced size of components. As the exhaust heat recovery system augments the fuel efficiency of engine, the need for large sized components is also reduced. This factor leads to a subsequent reduction in the cost as well as power required for those components. Key Players Analyzed in This Report are: 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. Request a Sample Report.
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Exhaust Heat Recovery System Market by Region America, Europe, Asia Pacific, Middle East and Africa, South America forecast till 2023
Exhaust Heat Recovery System Market Segmentation: The global Exhaust Heat Recovery System market is segmented on the basis of material, type, transmission, sales channel and region. On the basis of material, the market has been segmented into cast iron, maraging steel and aluminum alloys. On the basis of type, the market has been segmented into single mass flywheel and dual mass flywheel. On the basis of transmission, the market has been segmented into manual transmission, semi-automatic transmission and automatic transmission. On the basis of vehicle type, the market has been segmented into passenger vehicles, light commercial vehicles, and heavy commercial vehicle. On the basis of sales channel, the market has been segmented into OEM and Aftermarket. Regional Analysis: This study provides an overview of the global Exhaust Heat Recovery System market, tracking five market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume, and share for North America, Europe, Asia-Pacific, and the Rest of the World. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Exhaust Heat Recovery System market by product type, operating pressure, vehicle type, application, distribution channel, and regions. Report Coverage: Geographically, the global Exhaust Heat Recovery System market has been segmented into four major regions namely North America, Europe, Asia-Pacific, and the Rest of the World. Asia-Pacific is estimated to hold the highest revenue market share throughout the forecast period owing to growing urbanization and growing purchasing power of consumers. Moreover, increased production and sales of automobiles is expected to further boost the demand for flywheels in this region. To View Report click on this button. View Report
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Exhaust Heat Recovery System Market by Region America, Europe, Asia Pacific, Middle East and Africa, South America forecast till 2023
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