Global Exhaust Heat Recovery System Market by Technology (EGR, Turbocharger, ORC, and TEG), Component (EGR Valve, EGR Cooler, Turbine, Compressor, Evaporator, Condenser, Expander, Pump, Thermoelectric Module, and Heat exchanger) Vehicle Type (Passenger cars, LCVs, Truck, and Bus) Hybrid Vehicles (HEVs and PHEVs) Off-Highway Vehicles (Construction Equipment and Agriculture Tractors) Global Industry Trends, Shares, Competitive Analysis and Segment Forecasts, 2018 to 2025

EXRAND021  |  Upcoming  |  Global  |  NA  |  Under Development

In automotive, an exhaust heat recovery system converts thermal losses in the exhaust pipe into energy. It is an efficient way to save fuel and reduce vehicles CO2 emissions. This technology is effective in hybrid vehicles and conventional vehicles. The output of this system is either electric energy stored in a battery or in the form of mechanical energy transferred to the crankshaft. The system increases fuel efficiency as well as reduces pollution. There are 4 major technologies being used in exhaust heat recovery system such as EGR, Turbocharger, ORC, and TEG. In terms of component, the exhaust heat recovery system has been categorized into EGR Component, Turbocharger Component, Organic Rankine Cycle (ORC), Evaporator, and Thermoelectric Generator (TEG). This system has wide applications in Passenger cars, LCVs, Truck, and Bus.

Introduction of stringent emission regulations; emission regulation for on-road vehicles & off-road vehicles are the major drivers to the growth of the market. Growing demand for diesel vehicles, especially in commercial vehicle segment is also one of the key drivers contributing to the growth of the market. Shifting trend toward electric propulsion in light-duty vehicles in developed countries acts as a restraint for the exhaust heat recovery system market. Use of exhaust heat for auxiliary applications like Hvac & oil cooling; rapid adoption of EGR and turbocharger in gasoline vehicles are the key opportunities for the exhaust heat recovery system market. Commercialization, less cost-effectiveness and low efficiency of future technologies like TEG & ORC, and harmonization of emission standards are the major challenges for the exhaust heat recovery system market.

Major Key players of exhaust heat recovery system market include Faurecia Exhaust Systems, Inc., Mahle GmbH, Continental Automotive GmbH, Denso Corp., Borgwarner Inc., Valeo Samsung Thermal Systems Co., Ltd., Dana Inc., Calsonic Kansei Corp., Delphi Technologies, Inc., and Mitsubishi Electric Corp. Due to rising demand for exhaust heat recovery system, companies are launching new products of exhaust heat recovery systems with innovative technology. For instance, In July 2018, Borgwarner developed an innovative Exhaust Heat Recovery System (EHRS) which can improve fuel economy by up to 8.5% and reduce emissions significantly. This system Developed for hybrid electric vehicles (HEVs) and plug-in hybrid electric vehicles (PHEVs).

Based on technology, the global exhaust heat recovery System market has been segmented as follows:

• EGR

• Turbocharger

• ORC

• TEG

Based on component, the global exhaust heat recovery system market has been segmented as follows:

• EGR Component

o EGR Valve

o EGR Cooler

• Turbocharger Component

o Turbine

o Compressor

• Organic Rankine Cycle (ORC)

o Evaporator

o Condenser

• Evaporator

o Expander

o Pump

• Thermoelectric Generator (TEG)

o Thermoelectric Module

o Heat exchanger

Based on vehicle type, the global exhaust heat recovery system market has been segmented as follows:

•     Passenger cars

•     LCVs

•     Truck

•     Bus

Based on hybrid vehicles, the global exhaust heat recovery system market has been segmented as follows:

• HEVs

• PHEVs

Based on off-highway vehicles, the global exhaust heat recovery system market has been segmented as follows:

• Construction Equipment

• Agriculture Tractors

Based on region, the global exhaust heat recovery system market has been segmented as follows:

• North America

o US

o Canada

• Europe

o Germany

o UK

o France

o Rest of the Europe

• Asia Pacific

o China

o India

o Japan

o Rest of Asia Pacific

• Latin America

o Brazil

o Rest of Latin America

• Middle East Africa

o South Africa

o Rest of Middle East Africa


1. Executive Summary

2. Global Exhaust Heat Recovery System Market Overview

2.1. Market Segmentation & Scope

2.2. Product Introduction

2.3. Market Trends

2.3.1. Introduction

2.3.2. Drivers

2.3.2.1. Introduction of Stringent Emission Regulations

2.3.2.2. Emission Regulation for On-Road Vehicles & Off-Road Vehicles

2.3.2.3. Growing Demand for Diesel Vehicles, Especially in Commercial Vehicle Segment, to Foster the Growth of EHR Systems

2.3.3. Restraint

2.3.3.1. Shifting Trend toward Electric Propulsion in Light-Duty Vehicles in Developed Countries

2.3.4. Opportunities

2.3.4.1. Use of Exhaust Heat for Auxiliary Applications like Hvac and Oil Cooling

2.3.4.2. Rapid Adoption of EGR and Turbocharger in Gasoline Vehicle Will Boost the Market for EHRS

2.3.5. Challenges

2.3.5.1. Commercialization, Less Cost-Effectiveness and Low Efficiency of Future Technologies like TEG & ORC

2.3.5.2. Harmonization of Emission Standards

2.3.6. Substitutes Threat

2.3.7. Technology Progress in Related Industry

2.3.8. Consumer Preference Analysis

3. Global Exhaust Heat Recovery System Market by Technology

3.1. Exhaust Heat Recovery System Market Technology Analysis

3.2. Global Exhaust Heat Recovery System Market Revenue (USD Million) by Technology, 2015-2025

3.2.1. Conventional Technology Market Analysis

3.5.1.1 EGR Market Analysis

3.5.1.2 Turbocharger Market Analysis

3.2.2. Future Technology Market Analysis

3.5.2.1 ORC Market Analysis

3.5.2.2 TEG Market Analysis

3.3. List of Manufacturers, By  Technology

4. Global Exhaust Heat Recovery System Market by Component

4.1. Exhaust Heat Recovery System Market Component Analysis

4.2. Global Exhaust Heat Recovery System Market Revenue (USD Million) by Component , 2015-2025

4.2.1. EGR Component Analysis

3.5.2.3 EGR Valve Market Analysis

3.5.2.4 EGR Cooler Market Analysis

4.2.2. Turbocharger Component Analysis

4.5.2.1 Turbine Market Analysis

4.5.2.2 Compressor Market Analysis

4.2.3. Organic Rankine Cycle (ORC)  Market Analysis

4.5.3.1 Condenser Market Analysis

4.5.3.2 Evaporator Market Analysis

4.2.4. Evaporator Market Analysis

4.5.3.3 Expander Market Analysis

4.5.3.4 Pump Market Analysis

4.2.5. Thermoelectric Generator (TEG) Market Analysis

4.5.5.1 Thermoelectric Module Market Analysis

4.5.5.2 Heat exchanger Market Analysis

4.3. List of Manufacturers, By Component

5. Global Exhaust Heat Recovery System Market by Vehicle Type

5.1. Exhaust Heat Recovery System Market Vehicle Type Analysis

5.2. Global Exhaust Heat Recovery System Market Revenue (USD Million) by Vehicle Type, (2015-2025)

5.2.1. Passenger Cars Segment Analysis

5.2.2. LCVs Segment Analysis

5.2.3. Truck Segment Analysis

5.2.4. Bus Segment Analysis

5.3. List of Manufacturers, By Vehicle Type

6. Global Exhaust Heat Recovery System Market by Hybrid Vehicles

6.1. Exhaust Heat Recovery System Market Hybrid Vehicles Analysis

6.2. Global Exhaust Heat Recovery System Market Revenue (USD Million) by Hybrid Vehicles, (2015-2025)

6.2.1. HEVs Segment Analysis

6.2.2. PHEVs Segment Analysis

6.3. List of Manufacturers, By Hybrid Vehicles

7. Global Exhaust Heat Recovery System Market by Off-Highway Vehicles

7.1. Exhaust Heat Recovery System Market Off-Highway Vehicles Analysis

7.2. Global Exhaust Heat Recovery System Market Revenue (USD Million) by Off-Highway Vehicles, (2015-2025)

7.2.1. Construction Equipment Segment Analysis

7.2.2. Agriculture Tractors Segment Analysis

7.3. List of Manufacturers, By Off-Highway Vehicles

8. Global Exhaust Heat Recovery System Market by Region

8.1. Exhaust Heat Recovery System Market Regional Analysis

8.2. Global Exhaust Heat Recovery System Market Revenue (USD Million) by Region, 2015-2025

8.3. Global Exhaust Heat Recovery System Market (Revenue), 2015-2025

9. North America Exhaust Heat Recovery System Market

9.1. North America Exhaust Heat Recovery System Market Analysis

9.2. North America Exhaust Heat Recovery System Market (Revenue), 2015-2025

9.3. North America Exhaust Heat Recovery System by Country (Revenue), 2015-2025

9.3.1. U.S. Exhaust Heat Recovery System Market (Revenue), 2015-2025

9.3.2. Canada Exhaust Heat Recovery System Market (Revenue), 2015-2025

9.4. Potential Buyers In North America

10. Europe Exhaust Heat Recovery System Market

10.1. Europe Exhaust Heat Recovery System Market Analysis

10.2. Europe Exhaust Heat Recovery System Market (Revenue), 2015-2025

10.3. Europe Exhaust Heat Recovery System Market by Country (Revenue), 2015-2025

10.3.1. Germany Exhaust Heat Recovery System Market (Revenue), 2015-2025

10.3.2. UK Exhaust Heat Recovery System Market (Revenue), 2015-2025

10.3.3. France Exhaust Heat Recovery System Market (Revenue), 2015-2025

10.3.4. Rest of Europe Exhaust Heat Recovery System Market (Revenue), 2015-2025

10.4. Potential Buyers in Europe

11. Asia Pacific Exhaust Heat Recovery System Market

11.1. Asia Pacific Exhaust Heat Recovery System Market Analysis

11.2. Asia Pacific Exhaust Heat Recovery System Market (Revenue), 2015-2025

11.3. Asia Pacific Exhaust Heat Recovery System Market, by Country (Revenue), 2015-2025

11.3.1. China Exhaust Heat Recovery System Market (Revenue), 2015-2025

11.3.2. Japan Exhaust Heat Recovery System Market (Revenue), 2015-2025

11.3.3. India Exhaust Heat Recovery System Market (Revenue), 2015-2025

11.3.4. Rest of Asia Pacific Exhaust Heat Recovery System Market (Revenue), 2015-2025

11.4. Potential Buyers in Asia Pacific

12. Latin America Exhaust Heat Recovery System Market

12.1. Latin America Exhaust Heat Recovery System Market Analysis

12.2. Latin America Exhaust Heat Recovery System Market (Revenue), 2015-2025

12.3. Latin America Exhaust Heat Recovery System Market by Country, (Revenue), 2015-2025

12.3.1. Brazil Exhaust Heat Recovery System Market (Revenue), 2015-2025

12.3.2. Rest of Latin America Exhaust Heat Recovery System Market (Revenue), 2015-2025

12.4. Potential Buyers in Latin America

13. Middle East & Africa Exhaust Heat Recovery System Market

13.1. Middle East & Africa Exhaust Heat Recovery System Market Regional analysis

13.2. Middle East & Africa Exhaust Heat Recovery System Market (Revenue)

13.2.1. Middle East & Africa Exhaust Heat Recovery System Revenue by Country,  2015-2025

13.2.2. South Africa Exhaust Heat Recovery System Market (Revenue), 2015-2025

13.2.3. Rest of Middle East & Africa Exhaust Heat Recovery System Market (Revenue), 2015-2025

13.3. Potential Buyers in Middle East & Africa

14. Company Profile

14.1. Faurecia Exhaust Systems, Inc.

14.1.1. Company Overview 

14.1.2. Financial Overview

14.1.3. Product Benchmarking

14.1.4. Key Developments

14.2. Mahle GmbH

14.2.1. Company Overview 

14.2.2. Financial Overview

14.2.3. Product Benchmarking

14.2.4. Key Developments

14.3. Continental Automotive GmbH

14.3.1. Company Overview 

14.3.2. Financial Overview

14.3.3. Product Benchmarking

14.3.4. Key Developments

14.4. Denso Corp.

14.4.1. Company Overview 

14.4.2. Financial Overview

14.4.3. Product Benchmarking

14.4.4. Key Developments

14.5. Valeo Samsung Thermal Systems Co., Ltd.

14.5.1. Company Overview 

14.5.2. Financial Overview

14.5.3. Product Benchmarking

14.5.4. Key Developments

14.6. Dana, Inc.

14.6.1. Company Overview 

14.6.2. Financial Overview

14.6.3. Product Benchmarking

14.6.4. Key Developments

14.7. Calsonic Kansei Corp.

14.7.1. Company Overview 

14.7.2. Financial Overview

14.7.3. Product Benchmarking

14.7.4. Key Developments

14.8. Delphi Technologies, Inc.

14.8.1. Company Overview 

14.8.2. Financial Overview

14.8.3. Product Benchmarking

14.8.4. Key Developments

14.9. Mitsubishi Electric, Corp.

14.9.1. Company Overview 

14.9.2. Financial Overview

14.9.3. Product Benchmarking

14.9.4. Key Developments

14.10. Borgwarner inc.

14.10.1. Company Overview 

14.10.2. Financial Overview

14.10.3. Product Benchmarking

14.10.4. Key Developments

15. Key Insights

16. Research Methodology