The global Exhaust Heat Recovery System Market Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Technology (EGR, Turbocharger, ORC, TEG), By Component (EGR Valve, EGR Cooler, Turbine, Compressor, Evaporator, Condenser, Expander, Pump, Thermoelectric Module, Heat exchanger), By Vehicle (Passenger cars, LCVs, Truck, Bus), By Hybrid Vehicle (HEVs, PHEVs), By Off-Highway Vehicle (Construction Equipment, Agriculture Tractors).
The Exhaust Heat Recovery System (EHRS) market is growing due to the increasing emphasis on fuel efficiency and emissions reduction in the automotive industry. EHRS technology captures and reuses waste heat from vehicle exhaust gases to improve overall engine efficiency and performance. This system not only enhances fuel economy but also helps in meeting stringent emission regulations. The market is driven by advancements in heat recovery technologies, rising fuel prices, and the automotive industry's focus on reducing greenhouse gas emissions. As the demand for more efficient and environmentally friendly vehicles rises, the EHRS market is expected to expand, with ongoing innovations improving system efficiency and integration.
The market report analyses the leading companies in the industry including BorgWarner Inc, Calsonic Kansai, Continental AG, Denso Corp, Faurecia, Mahle, Mitsubishi Electric, Rheinmetall Automotive, Valeo SA, and others.
One of the most prominent trends in the Exhaust Heat Recovery System (EHRS) market is the adoption of integrated systems designed to enhance overall vehicle efficiency. Modern EHRS solutions are increasingly being combined with other energy recovery and management systems to maximize fuel economy and reduce emissions. This trend reflects a broader industry move towards more holistic approaches to energy efficiency, where EHRS is not just a standalone component but part of a comprehensive system that includes advanced turbocharging, hybrid powertrains, and sophisticated thermal management. The integration of EHRS with these technologies is driving innovations that offer improved thermal efficiency and better overall vehicle performance, aligning with the growing emphasis on sustainable and efficient transportation solutions.
A key driver of the EHRS market is the implementation of stringent emission regulations globally. Governments and regulatory bodies are imposing increasingly rigorous standards to limit vehicle emissions and improve fuel efficiency. These regulations are pushing automotive manufacturers to seek innovative solutions to reduce exhaust emissions and enhance vehicle performance. EHRS, which captures and reuses waste heat from the exhaust gases, plays a crucial role in meeting these regulatory requirements by improving engine efficiency and reducing the overall carbon footprint of vehicles. The regulatory pressure is thus accelerating the adoption of EHRS as an essential technology for compliance and environmental sustainability.
The growing demand for electrified vehicles presents a significant opportunity for the EHRS market. As the automotive industry shifts towards electric and hybrid vehicles, there is an increasing need to optimize thermal management systems to enhance energy efficiency and extend the range of electric vehicles. EHRS can be adapted for use in these electrified vehicles to improve energy recovery and overall efficiency. This opportunity is particularly relevant as manufacturers look for ways to integrate EHRS into electric and hybrid powertrains, providing a dual benefit of enhanced performance and reduced energy consumption. By targeting the electrified vehicle segment, companies can tap into a rapidly growing market and drive further advancements in energy recovery technologies.
In the Exhaust Heat Recovery System Market, the Turbocharger Technology segment is the largest. Turbochargers have become integral in modern vehicles due to their ability to significantly improve engine efficiency and performance by utilizing exhaust gases to drive a turbine, which in turn boosts the engine's air intake. This technology is widely adopted across various vehicle types, including passenger cars, trucks, and buses, due to its effectiveness in enhancing power output and fuel efficiency while reducing emissions. The widespread adoption of turbochargers in both new vehicle designs and retrofits underscores their dominance in the market, driven by regulatory pressures and consumer demand for better fuel economy and lower emissions.
In the Exhaust Heat Recovery System Market, the EGR Valve component is the fastest-growing segment. This rapid growth can be attributed to the increasing focus on reducing nitrogen oxide (NOx) emissions and improving overall engine efficiency. The EGR (Exhaust Gas Recirculation) valve plays a crucial role in redirecting a portion of the engine's exhaust back into the combustion chamber, which helps to lower the combustion temperature and reduce NOx emissions. As emissions regulations become more stringent globally and manufacturers seek to enhance engine performance while complying with these regulations, the demand for advanced EGR valve technologies is surging, making it the fastest-growing component in the market.
In the Exhaust Heat Recovery System Market, the Passenger Cars segment is the largest. Passenger cars account for a significant portion of the overall vehicle market and are equipped with advanced exhaust heat recovery systems to meet stringent emission regulations and improve fuel efficiency. The widespread adoption of these systems in passenger vehicles is driven by the need for enhanced performance and compliance with environmental standards. Passenger cars represent a substantial market due to their high volume of sales and the increasing demand for fuel-efficient and eco-friendly technologies, making this segment the largest in the exhaust heat recovery market.
In the Exhaust Heat Recovery System Market, the HEVs (Hybrid Electric Vehicles) segment is the fastest-growing. Hybrid vehicles combine traditional internal combustion engines with electric propulsion systems, which enhances their fuel efficiency and reduces emissions. The integration of exhaust heat recovery systems in HEVs is rapidly expanding as manufacturers seek to further optimize the efficiency of these vehicles. The growth in the HEV segment is driven by increasing consumer and regulatory pressures for greener technologies and the expansion of hybrid vehicle offerings from various automakers. This segment's growth reflects the broader trend toward more sustainable and energy-efficient transportation solutions.
|
Parameter |
Details |
|
Market Size (2025) |
$ 43.3 Billion |
|
Market Size (2034) |
$ 96.4 Billion |
|
Market Growth Rate |
9.3% |
|
Segments |
By Technology (EGR, Turbocharger, ORC, TEG), By Component (EGR Valve, EGR Cooler, Turbine, Compressor, Evaporator, Condenser, Expander, Pump, Thermoelectric Module, Heat exchanger), By Vehicle (Passenger cars, LCVs, Truck, Bus), By Hybrid Vehicle (HEVs, PHEVs), By Off-Highway Vehicle (Construction Equipment, Agriculture Tractors) |
|
Study Period |
2019- 2024 and 2025-2034 |
|
Units |
Revenue (USD) |
|
Qualitative Analysis |
Porter’s Five Forces, SWOT Profile, Market Share, Scenario Forecasts, Market Ecosystem, Company Ranking, Market Dynamics, Industry Benchmarking |
|
Companies |
BorgWarner Inc, Calsonic Kansai, Continental AG, Denso Corp, Faurecia, Mahle, Mitsubishi Electric, Rheinmetall Automotive, Valeo SA |
|
Countries |
US, Canada, Mexico, Germany, France, Spain, Italy, UK, Russia, China, India, Japan, South Korea, Australia, South East Asia, Brazil, Argentina, Middle East, Africa |
By Technology
EGR
Turbocharger
ORC
TEG
By Component
EGR Valve
EGR Cooler
Turbine
Compressor
Evaporator
Condenser
Expander
Pump
Thermoelectric Module
Heat exchanger
By Vehicle
Passenger cars
LCVs
Truck
Bus
By Hybrid Vehicle
HEVs
PHEVs
By Off-Highway Vehicle
Construction Equipment
Agriculture Tractors
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
BorgWarner Inc
Calsonic Kansai
Continental AG
Denso Corp
Faurecia
Mahle
Mitsubishi Electric
Rheinmetall Automotive
Valeo SA
*- List Not Exhaustive
About USD Analytics
Table of Contents
List of Charts and Exhibits
List of Tables
1. Executive Summary
What’s New in 2025?
Top 10 Takeaways from the industry
Potential Opportunities for Industry Stakeholders
Strategic Imperatives
Company Market Positioning
Industry Benchmarking Matrix
2. Research Scope and Methodology
Market Definition
Market Segments
Companies Profiled
Research Methodology
Bottom-Up Method
Top-Down Method
Data Triangulation
Forecast Methodology
Data Sources
USDA Proprietary Databases
External Sources
Primary Research and Interviews
Conversion Rates for USD
Abbreviations
3. Strategic Landscape: Key Insights and Implications
Spotlight: Key Strategies opted by Business Leaders
Competitive Landscape
Market Size ($ Million) and Share (%) by Company, 2024
SWOT Analysis
- Key Market Strengths
- Key Market Weaknesses
- Potential Opportunities
- Potential Threats
Porter’s Five Force Analysis
- Summary
- Bargaining Power of Buyers- Impact Analysis
- Bargaining Power of Suppliers- Impact Analysis
- Threat of new entrants- Impact Analysis
- Intensity of Competitive Rivalry- Impact Analysis
Macro-Environmental Analysis
- Economic forecasts by Country, 2010- 2035
- Population forecasts by Country, 2010- 2035
- Inflation Outlook by Country, 2010-2035
- Impact of Russia-Ukraine Conflict, Sluggish China Growth, US Developments
5. Growth Opportunity Analysis
Trends at a Glance
- What are the most noteworthy trends in the market
- Where should leaders pay attention?
- What industries are likely to be affected by the growth?
Market Dynamics
- Charting a path forward
- Growth Drivers
- Growth Barriers
Key Industry Stakeholders
- Suppliers
- Manufacturers and Service Providers
- Distribution Channels
- End-Users and Applications
- Regulators
- Investors, Traders, and R&D Institutes
Regulatory Landscape
6. Market Size Outlook to 2034
Global Nanocoatings Market Size Forecast, USD Million, 2018- 2034
- Historic Market Size, 2018- 2024
- Forecast Market Size, 2024- 2034
Scenario Analysis
- Low Growth Scenario: Definition and Outlook to 2034
- Reference Case: Definition and Outlook to 2034
- High Growth Scenario: Definition and Outlook to 2034
Pricing Analysis and Outlook
- Nanocoatings Average Price Forecast, 2021- 2034
- Key Factors Shaping the Pricing Patterns
7. Historical Nanocoatings Market Size by Segments, 2018- 2024
Key Statistics, 2024
Nanocoatings Market Size Outlook by Type, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Nanocoatings Types, 2018- 2024
Nanocoatings Market Size Outlook by Application, USD Million, 2018- 2024
Growth Comparison (y-o-y) across Nanocoatings Applications, 2018- 2024
8. Nanocoatings Market Size Outlook by Segments, 2024- 2034
By Technology
EGR
Turbocharger
ORC
TEG
By Component
EGR Valve
EGR Cooler
Turbine
Compressor
Evaporator
Condenser
Expander
Pump
Thermoelectric Module
Heat exchanger
By Vehicle
Passenger cars
LCVs
Truck
Bus
By Hybrid Vehicle
HEVs
PHEVs
By Off-Highway Vehicle
Construction Equipment
Agriculture Tractors
9. Nanocoatings Market Size Outlook by Region
North America
Key Market Dynamics
North America Nanocoatings Market Size Outlook by Type, USD Million, 2021-2034
North America Nanocoatings Market Size Outlook by Application, USD Million, 2021-2034
North America Nanocoatings Market Size Outlook by Sales Channel, USD Million, 2021-2034
North America Nanocoatings Market Size Outlook by Country, USD Million, 2021-2034
Europe
Key Market Dynamics
Europe Nanocoatings Market Size Outlook by Type, USD Million, 2021-2034
Europe Nanocoatings Market Size Outlook by Application, USD Million, 2021-2034
Europe Nanocoatings Market Size Outlook by Sales Channel, USD Million, 2021-2034
Europe Nanocoatings Market Size Outlook by Country, USD Million, 2021-2034
Asia Pacific
Key Market Dynamics
Asia Pacific Nanocoatings Market Size Outlook by Type, USD Million, 2021-2034
Asia Pacific Nanocoatings Market Size Outlook by Application, USD Million, 2021-2034
Asia Pacific Nanocoatings Market Size Outlook by Sales Channel, USD Million, 2021-2034
Asia Pacific Nanocoatings Market Size Outlook by Country, USD Million, 2021-2034
South America
Key Market Dynamics
South America Nanocoatings Market Size Outlook by Type, USD Million, 2021-2034
South America Nanocoatings Market Size Outlook by Application, USD Million, 2021-2034
South America Nanocoatings Market Size Outlook by Sales Channel, USD Million, 2021-2034
South America Nanocoatings Market Size Outlook by Country, USD Million, 2021-2034
Middle East and Africa
Key Market Dynamics
Middle East and Africa Nanocoatings Market Size Outlook by Type, USD Million, 2021-2034
Middle East and Africa Nanocoatings Market Size Outlook by Application, USD Million, 2021-2034
Middle East and Africa Nanocoatings Market Size Outlook by Sales Channel, USD Million, 2021-2034
Middle East and Africa Nanocoatings Market Size Outlook by Country, USD Million, 2021-2034
10. United States Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
United States Nanocoatings Market Size Outlook by Type, 2021- 2034
United States Nanocoatings Market Size Outlook by Application, 2021- 2034
United States Nanocoatings Market Size Outlook by End-User, 2021- 2034
11. Canada Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Canada Nanocoatings Market Size Outlook by Type, 2021- 2034
Canada Nanocoatings Market Size Outlook by Application, 2021- 2034
Canada Nanocoatings Market Size Outlook by End-User, 2021- 2034
12. Mexico Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Mexico Nanocoatings Market Size Outlook by Type, 2021- 2034
Mexico Nanocoatings Market Size Outlook by Application, 2021- 2034
Mexico Nanocoatings Market Size Outlook by End-User, 2021- 2034
13. Germany Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Germany Nanocoatings Market Size Outlook by Type, 2021- 2034
Germany Nanocoatings Market Size Outlook by Application, 2021- 2034
Germany Nanocoatings Market Size Outlook by End-User, 2021- 2034
14. France Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
France Nanocoatings Market Size Outlook by Type, 2021- 2034
France Nanocoatings Market Size Outlook by Application, 2021- 2034
France Nanocoatings Market Size Outlook by End-User, 2021- 2034
15. United Kingdom Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
United Kingdom Nanocoatings Market Size Outlook by Type, 2021- 2034
United Kingdom Nanocoatings Market Size Outlook by Application, 2021- 2034
United Kingdom Nanocoatings Market Size Outlook by End-User, 2021- 2034
16. Spain Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Spain Nanocoatings Market Size Outlook by Type, 2021- 2034
Spain Nanocoatings Market Size Outlook by Application, 2021- 2034
Spain Nanocoatings Market Size Outlook by End-User, 2021- 2034
17. Italy Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Italy Nanocoatings Market Size Outlook by Type, 2021- 2034
Italy Nanocoatings Market Size Outlook by Application, 2021- 2034
Italy Nanocoatings Market Size Outlook by End-User, 2021- 2034
18. Benelux Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Benelux Nanocoatings Market Size Outlook by Type, 2021- 2034
Benelux Nanocoatings Market Size Outlook by Application, 2021- 2034
Benelux Nanocoatings Market Size Outlook by End-User, 2021- 2034
19. Nordic Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Nordic Nanocoatings Market Size Outlook by Type, 2021- 2034
Nordic Nanocoatings Market Size Outlook by Application, 2021- 2034
Nordic Nanocoatings Market Size Outlook by End-User, 2021- 2034
20. Rest of Europe Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Europe Nanocoatings Market Size Outlook by Type, 2021- 2034
Rest of Europe Nanocoatings Market Size Outlook by Application, 2021- 2034
Rest of Europe Nanocoatings Market Size Outlook by End-User, 2021- 2034
21. China Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
China Nanocoatings Market Size Outlook by Type, 2021- 2034
China Nanocoatings Market Size Outlook by Application, 2021- 2034
China Nanocoatings Market Size Outlook by End-User, 2021- 2034
22. India Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
India Nanocoatings Market Size Outlook by Type, 2021- 2034
India Nanocoatings Market Size Outlook by Application, 2021- 2034
India Nanocoatings Market Size Outlook by End-User, 2021- 2034
23. Japan Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Japan Nanocoatings Market Size Outlook by Type, 2021- 2034
Japan Nanocoatings Market Size Outlook by Application, 2021- 2034
Japan Nanocoatings Market Size Outlook by End-User, 2021- 2034
24. South Korea Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
South Korea Nanocoatings Market Size Outlook by Type, 2021- 2034
South Korea Nanocoatings Market Size Outlook by Application, 2021- 2034
South Korea Nanocoatings Market Size Outlook by End-User, 2021- 2034
25. Australia Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Australia Nanocoatings Market Size Outlook by Type, 2021- 2034
Australia Nanocoatings Market Size Outlook by Application, 2021- 2034
Australia Nanocoatings Market Size Outlook by End-User, 2021- 2034
26. South East Asia Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
South East Asia Nanocoatings Market Size Outlook by Type, 2021- 2034
South East Asia Nanocoatings Market Size Outlook by Application, 2021- 2034
South East Asia Nanocoatings Market Size Outlook by End-User, 2021- 2034
27. Rest of Asia Pacific Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Asia Pacific Nanocoatings Market Size Outlook by Type, 2021- 2034
Rest of Asia Pacific Nanocoatings Market Size Outlook by Application, 2021- 2034
Rest of Asia Pacific Nanocoatings Market Size Outlook by End-User, 2021- 2034
28. Brazil Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Brazil Nanocoatings Market Size Outlook by Type, 2021- 2034
Brazil Nanocoatings Market Size Outlook by Application, 2021- 2034
Brazil Nanocoatings Market Size Outlook by End-User, 2021- 2034
29. Argentina Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Argentina Nanocoatings Market Size Outlook by Type, 2021- 2034
Argentina Nanocoatings Market Size Outlook by Application, 2021- 2034
Argentina Nanocoatings Market Size Outlook by End-User, 2021- 2034
30. Rest of South America Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of South America Nanocoatings Market Size Outlook by Type, 2021- 2034
Rest of South America Nanocoatings Market Size Outlook by Application, 2021- 2034
Rest of South America Nanocoatings Market Size Outlook by End-User, 2021- 2034
31. United Arab Emirates Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
United Arab Emirates Nanocoatings Market Size Outlook by Type, 2021- 2034
United Arab Emirates Nanocoatings Market Size Outlook by Application, 2021- 2034
United Arab Emirates Nanocoatings Market Size Outlook by End-User, 2021- 2034
32. Saudi Arabia Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Saudi Arabia Nanocoatings Market Size Outlook by Type, 2021- 2034
Saudi Arabia Nanocoatings Market Size Outlook by Application, 2021- 2034
Saudi Arabia Nanocoatings Market Size Outlook by End-User, 2021- 2034
33. Rest of Middle East Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Middle East Nanocoatings Market Size Outlook by Type, 2021- 2034
Rest of Middle East Nanocoatings Market Size Outlook by Application, 2021- 2034
Rest of Middle East Nanocoatings Market Size Outlook by End-User, 2021- 2034
34. South Africa Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
South Africa Nanocoatings Market Size Outlook by Type, 2021- 2034
South Africa Nanocoatings Market Size Outlook by Application, 2021- 2034
South Africa Nanocoatings Market Size Outlook by End-User, 2021- 2034
35. Rest of Africa Nanocoatings Market Analysis and Outlook, 2021- 2034
Key Statistics
Rest of Africa Nanocoatings Market Size Outlook by Type, 2021- 2034
Rest of Africa Nanocoatings Market Size Outlook by Application, 2021- 2034
Rest of Africa Nanocoatings Market Size Outlook by End-User, 2021- 2034
36. Key Companies
Market Share Analysis
BorgWarner Inc
Calsonic Kansai
Continental AG
Denso Corp
Faurecia
Mahle
Mitsubishi Electric
Rheinmetall Automotive
Valeo SA
Company Benchmarking
Financial Analysis
37. Recent Market Developments
38. Appendix
Looking Ahead
Research Methodology
Legal Disclaimer
By Technology
EGR
Turbocharger
ORC
TEG
By Component
EGR Valve
EGR Cooler
Turbine
Compressor
Evaporator
Condenser
Expander
Pump
Thermoelectric Module
Heat exchanger
By Vehicle
Passenger cars
LCVs
Truck
Bus
By Hybrid Vehicle
HEVs
PHEVs
By Off-Highway Vehicle
Construction Equipment
Agriculture Tractors
The Global Exhaust Heat Recovery System Market Size is estimated at $43.3 Billion in 2025 and is forecast to register an annual growth rate (CAGR) of 9.3% to reach $96.4 Billion by 2034.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
BorgWarner Inc, Calsonic Kansai, Continental AG, Denso Corp, Faurecia, Mahle, Mitsubishi Electric, Rheinmetall Automotive, Valeo SA
Base Year- 2024; Estimated Year- 2025; Historic Period- 2019-2024; Forecast period- 2025 to 2034; Currency: Revenue (USD); Volume