North America EGR Cooler Market Drivers and Forecasts by 2027

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

North America 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 : TIPRE00013345

Category : Automotive and Transportation
Status : Published

Available Report Formats :
No. of Pages : 91

Page Updated: Oct 2020

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

The EGR cooler market in North America is expected to grow from US$ 94.93 Mn in 2019 to US$ 88.45 Mn by 2027 after a huge decline in revenue in the year 2020 which is expected to account for US$ 75.2; it is estimated to grow at a CAGR of 2.4% from 2020 to 2027.

The EGR coolers market in the North America has been analyzed based on historical, current, and future trends in countries across the region. The US, Canada, and Mexico are significant economies present in the North American region. The constant technological advancement has created a highly competitive market across the region with the growing populations, which attracts several technical research and development activities due to high spending powers. The region is one of the largest automotive manufacturing hubs in the world. The presence of well-established automotive manufacturers and EGR cooler manufacturers in North America are driving the market value. The economic growth of the region has shown a positive impact on the sale of automobiles, which integrates EGR coolers; however, due to the spread of COVID-19, the production has taken a hit. It is expected that the region will overcome the production loss by the second quarter of 2021. Several automotive manufacturers in North America are continually focusing on the development and integration of innovative and smart technologies, which includes IoT, different models of EGR coolers, and engineering tech applications, to meet the emerging demands of the customers.

Further, the US is the worst-hit country in North America, with around 2,13600 active cases of infected individuals facing severe health conditions across the country. The continuous growth of infected individuals has led the government to impose lockdown across the nation’s borders. Majority of the manufacturing plants are shut down, municipalities are functioning slowly as compared to past, and the automotive and semiconductor industries are at a halt, which is negatively impacting the EGR cooler market.

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.

North America EGR cooler Market Revenue and Forecast to 2027 (US$ Million)

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

North America EGR Cooler Market Segmentation

North America EGR Cooler Market, by Type

Tube EGR Coolers
Finned EGR Coolers

North America EGR Cooler Market, by Engine Type

Diesel Engine
Gasoline Engine

North America EGR Cooler Market, by Vehicle Type

Passenger Vehicles
Commercial Vehicles

North America EGR Cooler Market, by Country

US
Canada
Mexico

North America EGR Cooler Market-Companies Mentioned

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

North America EGR Cooler Report Scope

Report Attribute	Details
Market size in 2019	US$ 94.93 Million
Market Size by 2027	US$ 88.45 Million
CAGR (2020 - 2027)	2.4%
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	North America US Canada Mexico
Market leaders and key company profiles	Benteler Automotive BorgWarner Inc. Faurecia Hanon Systems Korens Co. Ltd. Tokyo Roki Co. Ltd. Senior Flexonics Valeo MAHLE GmbH

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 North America 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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