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An exhaust heat recovery system turns waste heat energy in exhaust gases into electric energy for batteries or mechanical energy reintroduced on the crankshaft.
The global automotive exhaust heat recovery (ehr) system market is expected to grow at 10.4% CAGR from 2023 to 2029. It is expected to reach above USD 93.44 billion by 2029 from USD 39.63 billion in 2022.
Exactitude Consultancy research's“Automotive Exhaust Heat Recovery (EHR) System Market Forecast” study report focuses at sales and the overall global market for Automotive Exhaust Heat Recovery (EHR) System in 2022. The sales forecast for Automotive Exhaust Heat Recovery (EHR) System by region and market sector for the years 2023 through 2029 is then thoroughly analyzed. This study provides a comprehensive analysis of the global Automotive Exhaust Heat Recovery (EHR) System market, with sales of Automotive Exhaust Heat Recovery (EHR) System broken down by region, market sector, and sub-sector, in US$ million.
Based on market dynamics and development-promoting variables, the Automotive Exhaust Heat Recovery (EHR) System Market research assesses market valuation and growth rate. On the most recent business prospects, trends, and news in the sector. Along with a SWOT analysis of the major suppliers, the research also includes a thorough market study and vendor landscape.
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Drivers
introduction of strict emission standards emission standards for automobiles used on public roads
Regulation of off-road vehicle emissions
EHR systems will develop as a result of rising demand for diesel vehicles, particularly in the commercial vehicle class.
Restraints
Electric propulsion is becoming more popular in light-duty vehicles in industrialised countries.
Opportunities
ancillary uses of exhaust heat, such as HVAC and oil cooling
The market for EHRS systems will grow quickly as EGR and turbochargers are widely adopted in gasoline-powered automobiles.
Challenges
Future technologies like TEG and ORC are already commercialised but are less efficient and less cost-effective than they could be.
standardisation of emissions
competitive analysis
The research identifies the key establishes that will drive growth since demand is determined by a buyer's financial resources and the rate at which an item develops. Key companies and new entrants can gain insight into the spending reports of major market participants in this area, which will help them better appreciate the possibilities for investment in the global Automotive Exhaust Heat Recovery (EHR) System market. It can be used more effectively by both established and up-and-coming players in the market to gain a thorough understanding of the sector.
Major companies in Automotive Exhaust Heat Recovery (EHR) System Market are:
BorgWarner Inc., Continental AG, Denso Corporation, Eberspächer Group, Hanon Systems, Mahle GmbH, Valeo S.A., Robert Bosch GmbH, Tenneco Inc., and Faurecia S.A.
Recent Developments:
In August 2021 , BorgWarner announced that it had developed an innovative EHR system for hybrid electric vehicles that can recover up to 10% of the waste heat from the exhaust system. The new system is designed to improve fuel efficiency and reduce emissions in hybrid vehicles.
In June 2021 , Faurecia announced that it had entered into a strategic partnership with Wuling Industry to develop and produce EHR systems for the Chinese market. The partnership will leverage Faurecia's expertise in EHR systems and Wuling's strong market presence in China.
In May 2021 , Continental AG announced that it had developed a new EHR system for diesel engines that can recover up to 5% of the waste heat from the exhaust system. The new system is designed to improve fuel efficiency and reduce emissions in diesel vehicles.
I n May 2021 , Tenneco announced that it had developed a new EHR system for gasoline engines that can recover up to 7% of the waste heat from the exhaust system. The new system is designed to improve fuel efficiency and reduce emissions in gasoline vehicles.
Automotive Exhaust Heat Recovery (EHR) System Market Segmentation:
Automotive Exhaust Heat Recovery (EHR) System Market by Technology, 2022-2029, (USD BILLION), (THOUSAND UNITS)
EGR
Turbocharger
ORC
TEG
Automotive Exhaust Heat Recovery (EHR) System Market By Component, 2022-2029, (USD BILLION), (THOUSAND UNITS)
EGR Valve
EGR Cooler
Turbine
Compressor
Evaporator
Condenser
Expander
Pump
Thermoelectric Module
Heat Exchanger
Automotive Exhaust Heat Recovery (EHR) System Market by Vehicle Type, 2022-2029, (USD Billion), (Thousand Units)
LCVS
HCVS
Automotive Exhaust Heat Recovery (EHR) System Market by Application, 2022-2029, (USD Billion), (Thousand Units)
Cabin Heating
Engine Cooling
Power Generation
Automotive Exhaust Heat Recovery (EHR) System Market by Region, 2022-2029, (USD Billion), (Thousand Units)
North America
Asia Pacific
Europe
South America
Middle East And Africa
Important Countries In All Regions Are Covered.
Our market analysts are professionals at carefully categorizing the global Automotive Exhaust Heat Recovery (EHR) System market into various categories and assessing each segment's growth potential in detail. The research study begins with a comparison of the segments' consumption and growth rates throughout a nine-year assessment period. The report's segmentation study, which considers the market potential of the various categories examined, provides an excellent understanding of the global Automotive Exhaust Heat Recovery (EHR) System market. Businesses can better understand their target market by segmenting it, which enables them to create marketing plans and products that are tailored to particular categories. Here are two typical methods for market segmentation: by kind and by application.
This report also splits the market by region:
The United States, Canada, and Mexico make up North America, while Germany, France, the United Kingdom, the Netherlands, Switzerland, Belgium, Russia, Italy, Spain, and Turkey make up Europe . Other countries covered in the report include China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, and the rest of Asia-Pacific (APAC). Saudi Arabia, the United Arab Emirates, Israel, Egypt, South Africa, and the rest of the Middle East and Africa (MEA) are also included.
The overall part of the research also lists specific market-impacting variables and domestic market regulation changes that have an effect on the market's present and future tendencies. Some of the key data points used to estimate the market situation for specific nations are consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, and upstream and downstream value chain analysis. When giving prediction analysis of the country data, it also takes into account the presence and accessibility of international brands, the difficulties they encounter owing to strong or weak competition from local and domestic brands, the influence of domestic tariffs, and trade routes.
Strategic Points Covered in Table of Content of Global Automotive Exhaust Heat Recovery (EHR) System Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Exhaust Heat Recovery (EHR) System market
Chapter 2: Exclusive Summary – the basic information of the Automotive Exhaust Heat Recovery (EHR) System Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Exhaust Heat Recovery (EHR) System
Chapter 4: Presenting the Automotive Exhaust Heat Recovery (EHR) System Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country
Chapter 6: Evaluating the leading manufacturers of the Automotive Exhaust Heat Recovery (EHR) System market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
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