Exhaust Heat Recovery System Market was valued at US$ 17.22 Bn. in 2022 and the total revenue is expected to grow at 6.3 % of CAGR through 2023 to 2029, reaching nearly US$ 26.41 Bn.

Exhaust Heat Recovery System Market Scope :

The Exhaust Heat Recovery System Market report presents analytical data that highlights key aspects such as trends, targets, market position, and market value during the forecast period. The competitive analysis covers the major market players, their production capacity, and the demand and supply of their products and services. The report includes key players as well as aspiring companies in the Exhaust Heat Recovery System market. The segmentation analysis aids in understanding different datasets and provides behavioral and geographical analysis to capture significant changes in the forecast period. It also reveals opportunities and revenue generation potential for leading players in the Exhaust Heat Recovery System market. SWOT analysis is performed as a strategic planning and management technique to identify strengths, weaknesses, opportunities, and threats related to business competition or project planning. Porter's analysis is conducted to assess an organization's strengths, weaknesses, and critical factors affecting profitability. PESTLE analysis is a strategic framework used to evaluate the operating environment of an organization.

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Exhaust Heat Recovery System Market Overview :

Maximize Market Research, a leading business consultancy has published a research report on the Exhaust Heat Recovery System market. The report showcases the global growth of the Exhaust Heat Recovery System market, projecting its upward trajectory until 2029. It provides valuable insights into key industries and offers comprehensive data analysis. The report presents graphical representations that illustrate the current position and potential of the market.

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Exhaust Heat Recovery System Market Segmentation :

by Mode

Exhaust Gas Recirculation
Organic Rankine Cycle

by Vehicle Type

Passenger cars
Light Commercial Vehicle

Exhaust Gas Recirculation, Turbochargers, and Organic Rankine Cycles comprise the market segments for Exhaust Heat Recovery Systems. Throughout the anticipated period, Exhaust Gas Recirculation is anticipated to rule the exhaust heat recovery industry. The EGR valve, which is typically closed, is the main part of the EGR system. It connects the intake and exhaust manifolds and is controlled by an internal vacuum or an electric step motor.

Passenger cars, trucks, light commercial vehicles, and buses make up the different categories of the exhaust heat recovery system market. In 2022, the truck accounted for the biggest market share. The movement of goods accounts for the majority of the rising global greenhouse gas (GHG) emissions. The freight transportation modal split (HDVs) is mostly composed of on-road transportation, or the utilisation of heavy-duty trucks.

by Components

EGR Component
Turbocharger Component
Organic Ranking Cycle Component
Thermoelectric Generator Component

by Technology


by Hybrid Vehicle


Exhaust Heat Recovery System Market Key Players :

1. Siemens AG
2. Mitsubishi Heavy Industries, Ltd.
3. General Electric
4. ABB
5. Boustead International Heaters
6. Forbes Marshall
7. Promec Engineering
8. Terrapin
9. Wood Plc (Amec Foster Wheeler)
10.Climeon; BoschIndustriekessel GmbH
11.AURA GmbH & Co.
12.Exergy S.p.A.
13.IHI Corporation

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Regional Analysis

The analysis presents segmented data by region in a visual format. It offers an overview of the market, comparing it regionally based on the market value of products, demands, and the position of key market players. It also highlights targeted regions and their production capacities. This report assists in implementing new strategies tailored to specific countries and regions within the market.

Key Questions Answered in the Exhaust Heat Recovery System Market Market Report:

  • What is the definition of the Exhaust Heat Recovery System Market?
  • What is the forecast period for the Exhaust Heat Recovery System Market?
  • What is the competitive landscape of the Exhaust Heat Recovery System Market?
  • Which region holds the largest market share in the Exhaust Heat Recovery System Market?
  • What are the opportunities for the Exhaust Heat Recovery System Market?
  • What factors are influencing the growth of the Exhaust Heat Recovery System Market?
  • Who are the key players in the Exhaust Heat Recovery System Market?
  • Which company holds the largest share in the Exhaust Heat Recovery System Market?
  • What will be the compound annual growth rate (CAGR) of the Exhaust Heat Recovery System Market during the forecast period?
  • What key trends are expected to emerge in the Exhaust Heat Recovery System Market in the coming years?

Key Offerings:

  • Market Share, Size, and Revenue Forecast | 2022-2029
  • Market Dynamics: Growth drivers, restraints, investment opportunities, and key trends
  • Market Segmentation: Detailed analysis by Exhaust Heat Recovery System Market
  • Landscape: Leading key players and other prominent participants

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