Key vendors to invest R&D and focus on expanding their consumer base
Technavio, a company that develops over 2000 pieces of research every year and covers more than 500 technologies across 80 countries, has announced the top five leading vendors for the EGR system market in commercial vehicles in their latest research report.
To identify the top vendors, Technavio’s market research analysts have taken into account the global sales volume of commercial vehicles equipped with EGR at present and in the future.
This Technavio report, under the powertrain vertical, is based on the synthesis, analysis, and interpretation of information about the global EGR system market in commercial vehicles collected from specialized sources. The analysts have derived insights using a mix of primary and secondary research with an aim to provide a holistic picture of the market.
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Competitive vendor landscape
The global EGR system market for commercial vehicles is highly competitive in nature and is marked by the presence of a few well-established vendors. The key vendors in the market are focused on expanding their customer base and are increasing their investments in R&D. The competitive environment in the market is expected to intensify with advances in technology and government regulations. OEMs are also expected to engage in long-term collaborations with EGR vendors as the quality of materials used, and the designs that are crucial factors in decreasing exhaust back pressure and cost are unique for each vendor.
“Governments of many countries are adhering to stringent vehicular emission norms to maintain control on vehicle emissions. With the increase in the stringency of emission norms, OEMs are constantly looking for more convenient emission control options without having to compromise on engine performance. Various techniques are being adopted to regulate the levels of emission such as the installation of particulate filters for diesel and gasoline engines, SCR, and EGR systems. One of the most popular brands of Chrysler, Dodge, has equipped their pick-up trucks with Cummins engines that use Lean NOx traps to meet emissions standards of 2010,” says Siddarth Jaiswal, a lead analyst at Technavio for powertrain.
Top five vendors in the EGR system market space for commercial vehicles
Tenneco
An American Fortune 500 company, Tenneco engages in the manufacture and supply of automotive components. The company’s areas of specialty include the manufacture, design, and distribution of ride performance and clean air products for commercial trucks, off-highway vehicles markets, aftermarkets, and automotive markets. The company currently has 90 manufacturing facilities in 6 continents and 15 engineering centers.
Key products: Manifolds, Diesel Particulate Filter, Gasoline Particulate Filter, Catalytic Converters, Mufflers, Resonators, and DeNOx Converter After Treatment Systems.
Faurecia
Faurecia is an automotive parts manufacturing company that designs and manufactures exhaust systems, seats, exterior modules, interior systems, and vehicle decoration products. Faurecia’s key customers include PSA (formerly known as Peugeot Citroën), Volkswagen Group, Ford, Renault–Nissan, BMW, General Motors, Toyota, Fiat Chrysler, and Hyundai-Kia.
Key products: Mufflers, Manifolds, BlueBox Selective Catalytic Reduction (SCR)solution, Emission Control Systems, Catalytic Converters, Complete Exhaust System, and Gasoline Particulate Filter.
BorgWarner
BorgWarner is an American auto components and systems manufacturing company. The company primarily engages in the manufacture of powertrain products like manual and automatic transmissions and transmission components like electro-hydraulic control components, transmission control units, friction materials, and one-way clutches, turbochargers, and engine valve timing system components. BorgWarner also deals with four-wheel drive system components. The company has presence across 18 countries.
Key products: Turbochargers, Transmission Components, Exhaust Gas Management, Electric Motors, Engine Timing Systems, Boosting Technologies, and Starters & Alternators.
Cummins
Cummins is an American manufacturing company that serves end-user industries such as aerospace, automotive, and defense. Cummins also services engines and related equipment, including fuel systems, controls, air handling, filtration, emission control, and electrical power generation systems. Cummins has diverse product portfolio and a strong presence in 190 countries, with a network of approximately 600 company-owned and independent distributors and over 7,200 dealers.
Key products: Turbochargers, Power Generators, Bearings, Emission Systems, Engines, Impellers, Fuel Systems, and Filtrations.
KSPG
KSPG is a part of Dusseldorf-based Rheinmetall Group. The company is mostly into the production of automotive parts supply with its presence in 40 locations worldwide. KSPG’s business segments include mechatronics, aftermarket, and hard parts. The company fundamentally produces, develops, and markets systems and components for the automotive industry.
Key products: Bearings, Castings, Automotive Emission Systems, Large Bore Pistons, Small Bore Pistons, and Actuators.
A more detailed analysis is available in the Technavio report, Global EGR System Market Commercial Vehicles Market 2016-2020. Technavio also customizes reports by other regions and specific segments upon request.
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