Commercial Vehicle EGR System Market in APAC to grow at a CAGR of 4.75% to 2021
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  • Commercial Vehicle EGR System Market in APAC to grow at a CAGR of 4.75% to 2021

     



    (Transportation-News.com, March 14, 2018 ) EGR is a technique in automotive for reducing the formation of NOx by recirculating a portion of the exhaust gases that come after combustion back into the vehicle's engine cylinders. This system is used in diesel and petroleum engines for controlling emissions. The commercial vehicles EGR system market in APAC is segmented into heavy and medium commercial vehicles. On the basis of geography, the market is divided into China, Japan, India, and South Korea.

    Publisher's analysts forecast the commercial vehicles exhaust gas recirculation system market in APAC to grow at a CAGR of 4.75% during the period 2017-2021.

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    The growth of the e-commerce industry in countries such as China as one of the primary growth factors for this market. Due to factors such as the rise in usage of the Internet, increased number of online shoppers, and the rise in per capita income of the people, the recent years witnessed a significant increase in the growth of the e-commerce industry in Asia.

    Key vendors
    - BorgWarner
    - Cummins
    - Delphi Automotive
    - Faurecia
    - MAHLE
    - Tenneco

    Other prominent vendors
    - Wuxi Longsheng
    - Pierburg
    - Zhejiang Yinlun Machinery

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    Market driver
    - Upcoming stringent fuel economy and emission norms for commercial vehicles.

    Market challenge
    - Growth of railway networks for transporting freight and passengers in APAC.

    Market trend
    - Growing penetration of Low pressure and Infinitely variable EGR.

    Fundamentals of Table of Content:

    PART 01: Executive summary
    PART 02: Scope of the report
    PART 03: Market research methodology
    PART 04: Introduction
    PART 05: Global construction market
    PART 06: Market drivers
    PART 07: Market trends
    PART 08: Global AEC market
    PART 09: Market segmentation by product
    PART 10: Geographical segmentation
    PART 11: Market challenges
    PART 12: Impact of drivers and challenges
    PART 13: Five forces model
    PART 14: Key vendor analysis
    PART 15: Key vendor profiles

    Complete report is available @ http://www.reportsweb.com/commercial-vehicle-egr-system-market-in-apac-2017-2021

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