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Automotive Gasoline EGR Systems Market Report
The Automotive Gasoline EGR Systems Market is Segmented by Vehicle Type (Passenger Car and Commercial Vehicle), by Pressure Type (High-Pressure EGR and Low-Pressure EGR), and by Region (North America, Europe, Asia-Pacific, and Re...
Covid-19 has impacted the market dynamics, competition, and global supply chain. The revenues have gone down in 2020 and may resume an uptrend gradually from 2021. Companies optimizing their operation and strategy will sustain and beat the competition.
Note: The summary below might not have included insights on covid impact since we have large number of reports.
EGR system for gasoline engines roughly accounts for less than one fourth of the total automotive EGR systems market and is likely to be one of the fastest-growing emission reduction technologies in gasoline vehicles in the coming five years. The global automotive gasoline EGR systems market is projected to offer healthy growth opportunities and is likely to reach US$ 1,931.7 million in 2024. Organic growth in automobile production, an increase in penetration of turbochargers in vehicles, and stringent emission standards of different countries are some major factors that are fueling the growth of EGR systems in gasoline vehicles.
