DUBLIN, Nov 15, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Exhaust Gas Recirculation System Market in Commercial Vehicles 2016-2020" report to their offering.
The report forecasts the global exhaust gas recirculation system market in commercial vehicles to grow at a CAGR of 8.12 % during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One of latest trends in the market is proliferation of advanced Euro emission standards (Euro 5 and Euro 6) in emerging countries. Emerging nations are following and implementing emissions norms equivalent to Euro emission standards. Euro 6 emission standards were introduced in 2014 and imposed further regulations on NOx emission levels of about 67% compared with Euro 5 for both petrol and diesel engines.
Apart from the members of the European Union, emerging nations like Brazil, China, India, and Russia (BRIC countries) have also adopted Euro emission standards. It is expected that the emission standards would be regulated with stricter norms by 2020. However, as far as following the Euro standards is concerned, the emerging nations are lagging behind in the sense that they are following the older versions of Euro standards till they match market requirements to follow the advanced versions of Euro norms.
According to the report, one of the primary drivers in the market is penetration of diesel engines in medium and heavy-duty vehicles. Diesel engines currently hold the majority of heavy and medium-duty vehicles market. Since heavy-duty and medium-duty vehicles are mostly used for transporting heavy cargo, they require high amounts of torque. Diesel engines are capable of producing large amounts of torque at low RPMs.
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by application
Part 07: Geographical segmentation
Part 08: Key leading countries
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/7wgjrj/global_exhaust
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/research-and-markets---global-exhaust-gas-recirculation-system-market-in-commercial-vehicles-to-grow-8-by-2020---key-vendors-are-faurecia-borgwarner--cummins-300363097.html
SOURCE Research and Markets