COVID-19 Impact : Our team has been closely monitoring the current developments to identify the potential impact of COVID-19 on stakeholders and business processes across the value chain of industries. A special section about COVID-19 will be covered with the report to help companies in defining sustainable strategies.
Market Dynamics
Technological advancements making vehicles more environment-friendly, along with being highly cost-effective is expected to drive the growth of exhaust heat recovery market during the forecast period. This has resulted some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.An Exhaust Heat Recovery System (EHRS) improves powertrain effectiveness. In this framework, heat dismissed by the engine is reused to warm the vehicle liquids quickly (for instance, motor coolant, motor oil, etc.). By utilizing the EHRS, the power yield can be expanded up to 40% and the heat loss can be decreased to as much as 25%.
Stringent regulations pertaining to harmful emissions have started to create ecological concerns, and factors such as fluctuating oil costs and awareness about crossbreed vehicles are expected to drive the global exhaust heat recovery market.
Key Factors Impacting Market Growth:
Regional Outlook:
The regional outlook for exhaust heat recovery market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for exhaust heat recovery market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of exhaust heat recovery market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on.
Asia Pacific is estimated one of the fastest growing regions for exhaust heat recovery market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.
Companies Covered: Faurecia, Mahle, Continental, Denso, Valeo, Dana, Calsonic Kansei, Delphi Technologies, Mitsubishi Electric, Hitachi Ltd., Bosal, Tenneco Inc., Borgwarner Inc….
Market Segmentation:
By Component:
By Technology:
By Vehicle:
By Region:
Reasons To Buy This Report:
Customization:
We provide customization of the study to meet specific requirements:
For more information, contact: [email protected]
Single User (PDF)
3850Multi User (PDF)
5150Enterprise User (PDF)
7650Avail customized purchase options to meet your exact research needs.
Detailed scope covering all the major segments in the market
In line data validations to ensure data precision
Market recommendations supporting decision making processes
Round the clock analyst support to resolve your queries
Up to 15% additional free customization to meet your specific requirements