Egr Valves Market Scope And Analysis

EGR Valves Market Report Scope

Application-Based Market Insights

Based on application, the EGR valves market is bifurcated into gasoline engine and diesel engine. In 2020, the diesel engine segment led the market, in terms of a revenue share.

Players operating in the EGR valves market adopt strategies such as mergers and acquisitions to maintain their positions in the market. A few developments by key players are listed below:

• In October 2020, BorgWarner Inc. finalized the acquisition of Delphi Technologies. The merger of BorgWarner with Delphi Technologies is projected to boost BorgWarner's electronics and power electronics products, capabilities, and scale, establishing it as a leader in electrified propulsion systems.
• In October 2020, Continental Automotive and Powertrain Technologies was presented with the "Supplier of the Year" award for particularly exemplary performance among their 900 strategic series suppliers.

The EGR valves market is segmented on the basis of type, application, vehicle type, and geography. Based on type, the market is further segmented into electric EGR valves and pneumatic EGR valves. Based on application, the EGR valves market is subsegmented into gasoline engine and diesel engine. The EGR valves market, by vehicle type, is segmented into passenger cars, LCV, MCV, and HCV. By region, the market is segmented into five major regions North America, Europe, Asia Pacific (APAC), the Middle East and Africa (MEA), and South America (SAM).

BorgWarner Inc; Continental AG; Nissens Automotive A/S; Denso Corporation; KORENS. Co., LTD.; Mahle GmbH; Mitsubishi Electric Corporation; Rheinmetall Automotive AG; Tenneco Inc.; and Valeo are a few major players operating in the global EGR valves market.