Europe EGR Cooler Market Developments and Forecast by 2027

Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027

Europe EGR Cooler Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Tube EGR Coolers, and Finned EGR Coolers); Engine Type (Diesel Engine, and Gasoline Engine); Vehicle Type (Passenger Vehicles, and Commercial Vehicles), and Country

Report Date : Aug 2020
Report Code : TIPRE00013346

Category : Automotive and Transportation
Status : Published

Available Report Formats :
No. of Pages : 94

Page Updated: Jan 2021

Analysis Strategic Insights Market Drivers Regional Insights Report Scope Recent Developments FAQs

The EGR cooler market in Europe is expected to grow from US$ 119.00 Mn in 2019 to US$ 114.40 Mn by 2027; it is estimated to grow at a CAGR of 2.7% from 2020 to 2027.

The EGR coolers market in the Europehas been analyzed based on historical, current, and future trends in countries across the region. Europe comprises of developing economies such as Germany, France, UK, Russia, and Italy. The governments of these countries have been taking various initiatives to advance industries like the automotive and semiconductor & electronics industry. It is believed that Europe has significantly upgraded its industrial solutions and is labeled as Industry 4.0. To strengthen the competitiveness of the region’s automotive sector and continue its global technological leadership, the European Commission is focusing on the funding for R&D. The region is the primary hub for the producer of passenger vehicles such as Ford, Hyundai Motor, Iveco, and Volkswagen. The region EGR cooler market is majorly driven by the growing demand for passenger cars. Germany is one of the largest automotive markets. The country comprises of major automotive manufacturers such as Daimler AG, BMW, VW, Opel, and Audi among others. For instance, Germany is one of the major producers of over 6 million passengers and commercial vehicles per year. The strong automobile sector of the region, and also has the presence of some significant premium car manufacturers in the EU, is driving the EGR cooler market.

In Europe, Italy is the hardest-hit country by the coronavirus outbreak, with approximately 156,363 active cases of COVID – 19 patients. It is expected to suffer an economic hit due to a lack of revenue from various industries, as Italy recorded the highest number of coronavirus cases. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. Spain and France are extending respective lockdown periods to fight COVID-19. Vehicle production has declined due to the shutdown of factories; ~1,465,415 motor vehicles are in loss owing to this pandemic, it includes passenger cars, vans, trucks, buses, and coaches. This is anticipated to negatively impact market growth in Europe.

The EGR cooler market operates in a highly fragmented and competitive marketplace. As leading companies in this market continue to broaden its addressable market, by expanding its current offerings, diversifying its client base, all the prominent players face an increasing level of competition. Several companies in the market are developing new products to maintain their position in the market and provide efficient products to their customers.
Europe EGR Cooler Market

This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.

Europe EGR Cooler Market Segmentation

Europe EGR Cooler Market, by Type

Tube EGR Coolers
Finned EGR Coolers

Europe EGR Cooler Market, by Engine Type

Diesel Engine
Gasoline Engine

Europe EGR Cooler Market, by Vehicle Type

Passenger Vehicles
Commercial Vehicles

Europe EGR Cooler Market, by Country

France
Germany
Italy
Russia
UK
Rest of Europe

Europe EGR Cooler Market-Companies Mentioned

Benteler Automotive
BorgWarner Inc.
Faurecia
Hanon Systems
Korens Co. Ltd.
Valeo
MAHLE GmbH
Rheinmetall Automotive AG
Denso Corporation
Continental AG

Europe EGR Cooler Report Scope

Report Attribute	Details
Market size in 2019	US$ 119.00 Million
Market Size by 2027	US$ 114.40 Million
CAGR (2020 - 2027)	2.7%
Historical Data	2017-2018
Forecast period	2020-2027
Segments Covered	By Type Tube EGR Coolers Finned EGR Coolers By Engine Type Diesel Engine Gasoline Engine By Vehicle Type Passenger Vehicles Commercial Vehicles
Regions and Countries Covered	Europe UK Germany France Russia Italy Rest of Europe
Market leaders and key company profiles	Benteler Automotive BorgWarner Inc. Faurecia Hanon Systems Korens Co. Ltd. Valeo MAHLE GmbH Rheinmetall Automotive AG Denso Corporation

Research Manager

Naveen Chittaragi

Associate Vice President,
Market Research & Consulting

Naveen is an experienced market research and consulting professional with over 9 years of expertise across custom, syndicated, and consulting projects. Currently serving as Associate Vice President, he has successfully managed stakeholders across the project value chain and has authored over 100 research reports and 30+ consulting assignments. His work spans across industrial and government projects, contributing significantly to client success and data-driven decision-making.

Naveen holds an Engineering degree in Electronics & Communication from VTU, Karnataka, and an MBA in Marketing & Operations from Manipal University. He has been an active IEEE member for 9 years, participating in conferences, technical symposiums, and volunteering at both section and regional levels. Prior to his current role, he worked as an Associate Strategic Consultant at IndustryARC and as an Industrial Server Consultant at Hewlett Packard (HP Global).

What are the Europe EGR Cooler Market report deliverables?

Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
PEST and SWOT Analysis
Market Size Value / Volume - Regional, Country
Industry and Competitive Landscape
Excel Dataset

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