The global exhaust heat recovery system market is anticipated to grow at a CAGR of around 7.1% during the forecast period 2020 to 2027 and to reach around US$ 57.6 Bn by 2027.
Market Dynamics
Flourishing automotive sector across the globe, sale in emerging economies, coupled with major players approach towards deployment of exhaust heat recovery system in order to improve vehicle efficiency and lower the emission are major factors expected to drive the growth of global exhaust heat recovery system market.
Developing regulatory scenario, favorable business policies by the government, along with emergence of small and mid-size players with innovative solution are other factors anticipated to boost the growth of target market. Government is investing high for R&D activities through deployment of various centers.
- According to India Brand Equity Foundation the government of India has invested to set up a National Automotive Testing and R&D Infrastructure Project (NATRiP) centres as well as National Automotive Board to act as facilitator between the government and the industry.
Rapid technological advancements in the automotive components by major players with the focus of development of innovative products and increasing merger and acquisition activities in order to increase the business presence and customer base are factors responsible to support the market growth.
However factors such as swift inclination towards electric vehicles and high cost over system are factors expected to hamper the growth of global exhaust heat recovery system market. In addition, low awareness among consumers is another factor expected to challenge the growth of target market.
Increasing vehicle sale and players focus on use of exhaust heat for auxiliary applications like HVAC and oil cooling are factors expected to create new opportunities for players operating in the target market over the forecast period. In addition, increasing strategic partnerships and agreements between regional and international players is another factor expected to support the revenue transaction of target market.
Segment Analysis by Region
The market in North America is expected to account for significant revenue share owing to stringent government regulation related to environment. In addition, factor such as rising luxury vehicle sale, developing government regulation related to pollution from vehicles, and major players approach towards lowering the carbon footprints are expected to positively impact the growth of region market.
Asia Pacific is expected to witness faster growth in the near future owing to high passenger vehicle sale in the developing countries. In addition, presence of large number of players operating in the country along with adoption of exhaust system in order to improve the vehicle efficiency is responsible to support the target market growth. Increasing public-private partnership for R&D activities is another factor expected to support the regional market growth.
Competitive Landscape
The global market is high highly competitive due to presence of large number of players and innovative product offerings. In addition, business expansion activities through partnerships and agreements are factors expected to further increase the competition.
Report coverage
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Market
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Global Exhaust Heat Recovery System Market
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Analysis Period
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2016 – 2027
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Base Year
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2019
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Forecast Data
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2020 – 2027
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Market Stratification
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Technology, Vehicle Type, Sales Channel, and Geography
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Regional Scope
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North America, Europe, Asia Pacific, Latin America, and Middle East & Africa
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Report Coverage
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Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Regulation Analysis
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Exhaust Heat Recovery System Market Segment Analysis, 2019
The global exhaust heat recovery system market is segmented into technology, component, and vehicle type. The technology segment is further bifurcated into exhaust gas recirculation, turbocharger, organic rankine cycle, and thermoelectric generator. The exhaust gas recirculation segment is expected to account for significant revenue share in the global market due to diesel vehicle sale and stringent government regulation related to pollution is resulting in increasing use of exhaust heat recovery system.
The vehicle type segment is further bifurcated into passenger cars, LCVs, truck, and bus. The passenger vehicle segment is expected to witness faster growth in the target market due to high passenger vehicle sale in developing countries.
The sale channel segment is divided into OEM and aftermarket. The OEM segment is expected to account for major revenue share due to developing regulatory scenario and introduction of new vehicle from manufacturers with exhaust system.
The players profiled in the report Aptiv, Hitachi Ltd., DENSO CORPORATION, Bosal, Faurecia, Cummins Inc., Tenneco Inc, Borgwarner Inc., Robert Bosch GmbH, Continental AG, Autoliv Inc., and Ihi Corporation.
Market Segmentation
Market By Technology
- Exhaust gas recirculation (EGR)
- Turbocharger
- Organic rankine cycle (ORC)
- Thermoelectric generator (TEG)
Market By Vehicle Type
- Passenger cars
- LCVs
- Truck
- Bus
Market By Train Type
Market By Region
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest if Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Meddle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Exhaust Heat Recovery System
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Exhaust Heat Recovery System Market By Technology
1.2.2.1. Global Exhaust Heat Recovery System Market Revenue and Growth Rate Comparison By Technology(2020-2027)
1.2.2.2. Global Exhaust Heat Recovery System Market Revenue Share By Technology in 2019
1.2.2.3. Exhaust gas recirculation (EGR)
1.2.2.4. Turbocharger
1.2.2.5. Organic rankine cycle (ORC)
1.2.2.6. Thermoelectric generator (TEG)
1.2.3. Exhaust Heat Recovery System Market By Vehicle Type
1.2.3.1. Global Exhaust Heat Recovery System Market Revenue and Growth Rate Comparison By Vehicle Type (2020-2027)
1.2.3.2. Global Exhaust Heat Recovery System Market Revenue Share By Vehicle Type in 2019
1.2.3.2.1. Passenger cars
1.2.3.2.2. LCVs
1.2.3.2.3. Truck
1.2.3.2.4. Bus
1.2.4. Exhaust Heat Recovery System Market By Train Type
1.2.4.1. Global Exhaust Heat Recovery System Market Revenue and Growth Rate Comparison By Train Type(2020-2027)
1.2.4.2. Global Exhaust Heat Recovery System Market Revenue Share By Train Type in 2019
1.2.4.2.1. OEM
1.2.4.2.2. Aftermarket
1.2.5. Exhaust Heat Recovery System Market By Geography
1.2.5.1. Global Exhaust Heat Recovery System Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.5.2. North America Exhaust Heat Recovery System Market Revenue and Growth Rate(2020-2027)
1.2.5.3. Europe Exhaust Heat Recovery System Market Revenue and Growth Rate(2020-2027)
1.2.5.4. Asia-Pacific Exhaust Heat Recovery System Market Revenue and Growth Rate(2020-2027)
1.2.5.5. Latin America Exhaust Heat Recovery System Market Revenue and Growth Rate(2020-2027)
1.2.5.6. Middle East and Africa (MEA) Exhaust Heat Recovery System Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING Exhaust Heat Recovery System ANALYSIS
3.1. Capacity and Commercial Production Date of Global Exhaust Heat Recovery System Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Exhaust Heat Recovery System Major Manufacturers in 2019
3.3. R&D Status and Manufacturing End-User of Global Exhaust Heat Recovery System Major Manufacturers in 2019
3.4. Raw Materials End-Users Analysis of Global Exhaust Heat Recovery System Major Manufacturers in 2019
CHAPTER 4. Exhaust Heat Recovery System MARKET By Technology
4.1. Global Exhaust Heat Recovery System Revenue By Technology
4.2. Exhaust gas recirculation (EGR)
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. Turbocharger
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. Organic rankine cycle (ORC)
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Thermoelectric generator (TEG)
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Exhaust Heat Recovery System MARKET By Vehicle Type
5.1. Global Exhaust Heat Recovery System Revenue By Vehicle Type
5.2. Passenger cars
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. LCVs
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. Truck
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. Bus
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. Exhaust Heat Recovery System MARKET By Train Type
6.1. Global Exhaust Heat Recovery System Revenue By Train Type
6.2. OEM
6.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
6.3. Aftermarket
6.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 7. NORTH AMERICA Exhaust Heat Recovery System MARKET BY COUNTRY
7.1. North America Exhaust Heat Recovery System Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. North America Exhaust Heat Recovery System Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. U.S.
7.3.1. U.S. Exhaust Heat Recovery System Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
7.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
7.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 8. EUROPE SMART REFRIGERATOR MARKET BY COUNTRY
8.1. Europe Exhaust Heat Recovery System Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Europe Exhaust Heat Recovery System Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.5.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.6.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
8.7.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 9. ASIA-PACIFIC Exhaust Heat Recovery System MARKET BY COUNTRY
9.1. Asia-Pacific Exhaust Heat Recovery System Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Asia-Pacific Exhaust Heat Recovery System Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.5.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
9.6.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.6.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
9.7.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.7.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
9.8.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
9.8.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 10. LATIN AMERICA Exhaust Heat Recovery System MARKET BY COUNTRY
10.1. Latin America Exhaust Heat Recovery System Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Latin America Exhaust Heat Recovery System Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
10.5.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA Exhaust Heat Recovery System MARKET BY COUNTRY
11.1. Middle East & Africa Exhaust Heat Recovery System Market Revenue and Growth Rate, 2020 - 2027 ($Million)
11.2. Middle East & Africa Exhaust Heat Recovery System Market Revenue Share Comparison, 2020 & 2027 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
11.3.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.3.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
11.4.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.4.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Technology, 2020 - 2027 ($Million)
11.5.2. Market Revenue and Forecast By Vehicle Type, 2020 - 2027 ($Million)
11.5.3. Market Revenue and Forecast By Train Type, 2020 - 2027 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Aptiv
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Hitachi Ltd.
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. DENSO CORPORATION
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Bosal
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Faurecia
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Cummins Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. StrategiesTorpedo Inc.
12.7. Tenneco Inc
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Borgwarner Inc.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Robert Bosch GmbH
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolioa
12.9.5. Key Developments
12.9.6. Strategies
12.10. Others
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
