Global Commercial Vehicle EGR System Market Will Reach at CAGR of 4.75% Between 2017-2021

Latest industry research report on: Global Commercial Vehicle EGR System Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts


Albany, NY -- (SBWIRE) -- 03/20/2017 -- EGR is a technique in automotive for reducing the formation of NOx by recirculating a portion of the exhaust gases that come after combustion back into the vehicle's engine cylinders. This system is used in diesel and petroleum engines for controlling emissions. The commercial vehicles EGR system market in APAC is segmented into heavy and medium commercial vehicles. On the basis of geography, the market is divided into China, Japan, India, and South Korea.

Technavios analysts forecast the commercial vehicles exhaust gas recirculation system market in APAC to grow at a CAGR of 4.75% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the commercial vehicles exhaust gas recirculation system market in APAC for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
South Korea

Technavio's report, Commercial Vehicles Exhaust Gas Recirculation System Market in APAC 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Delphi Automotive

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Other prominent vendors
Wuxi Longsheng
Zhejiang Yinlun Machinery

Market driver
Upcoming stringent fuel economy and emission norms for commercial vehicles.
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Market challenge
Growth of railway networks for transporting freight and passengers in APAC.
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Market trend
Growing penetration of Low pressure and Infinitely variable EGR.
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?