Europe Exhaust Heat Recovery System Market to 2032

Overview

The Europe Exhaust Heat Recovery System Market is expected to reach a 14,806.51 USD Billion by 2032 and is projected to grow at a CAGR of 9.12% from 2025 to 2032.

Revenue, 2024 (USD Billion)

9,443.08

Forecast, 2032 (USD Billion)

14,806.51

CAGR, 2024 - 2032

9.12%

Report Coverage

Europe

Europe Exhaust Heat Recovery System Market 2018-2032 USD Billion

Europe Exhaust Heat Recovery System Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 9,443.08 USD Billion
Projected Market Size (2032): 14,806.51 USD Billion
CAGR (2025-2032): 9.12%

Key Findings of Europe Exhaust Heat Recovery System Market

The Europe Exhaust Heat Recovery System Market was valued at 9,443.08 USD Billion in 2024.
The Europe Exhaust Heat Recovery System Market is likely to grow at a CAGR of 9.12% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Fuel in Energy Source Segment accounted for the largest share of the market with a revenue of 9,054.09 USD Billion
The fastest growing segment Upcoming Technology in Technology Segment grew Fastest with a CAGR of 11.58% during the forecast period from 2024 to 2032.

Europe Exhaust Heat Recovery System Market Scope

Europe Exhaust Heat Recovery System Market Segmentation & Scope

Technology

Upcoming Technology
Conventional

Vehicle Type

Commercial Vehicle
Passenger Vehicle

Energy Source

Electric
Fuel

Sales Channel

Aftermarket
OEM

Europe Exhaust Heat Recovery System Market Data Coverage Insights

Study Period	2024-2032
Base Year	2020
Unit	Revenue in USD Billion
Market Value in 2024	9,443.08 USD Billion
Market Value in 2032	14,806.51 USD Billion
CAGR (2025-2032)	9.12%
Historic Data	2016-2023
Market Segments Covered	Technology,Vehicle Type,Energy Source,Sales Channel

Regional Insights:

Leading Market (2024-2032): Europe, leading in terms of revenue 9,443.08 USD Billion in 2024
- Key Country: Germany, leading in terms of revenue with value of 1,951.13 USD Billion in 2024.

Segments and Scope

Europe Exhaust Heat Recovery System Market to 2032, By Technology
- Conventional is the largest segment in Europe Exhaust Heat Recovery System Market to 2032 with a revenue of 8,232.20 USD Billion in the year 2024.
- Upcoming Technology is the Fastest growing segment in Europe Exhaust Heat Recovery System Market to 2032 with a Growth rate of 8.77 % in forecast period 2025-2032.
Europe Exhaust Heat Recovery System Market to 2032, By Vehicle Type
- Passenger Vehicle is the largest segment in Europe Exhaust Heat Recovery System Market to 2032 with a revenue of 8,192.35 USD Billion in the year 2024.
- Passenger Vehicle is the Fastest growing segment in Europe Exhaust Heat Recovery System Market to 2032 with a Growth rate of 9.39 % in forecast period 2025-2032.
Europe Exhaust Heat Recovery System Market to 2032, By Energy Source
- Fuel is the largest segment in Europe Exhaust Heat Recovery System Market to 2032 with a revenue of 9,054.09 USD Billion in the year 2024.
- Fuel is the Fastest growing segment in Europe Exhaust Heat Recovery System Market to 2032 with a Growth rate of 9.28 % in forecast period 2025-2032.
Europe Exhaust Heat Recovery System Market to 2032, By Sales Channel
- OEM is the largest segment in Europe Exhaust Heat Recovery System Market to 2032 with a revenue of 8,021.05 USD Billion in the year 2024.
- OEM is the Fastest growing segment in Europe Exhaust Heat Recovery System Market to 2032 with a Growth rate of 9.44 % in forecast period 2025-2032.

Europe Exhaust Heat Recovery System Market Company Share Analysis

Company Name
Mitsubishi Electric Corporation
Robert Bosch GmbH
DENSO CORPORATION
MAHLE GmbH
Faurecia

Europe Exhaust Heat Recovery System Market Geographical Sales Distribution, 2018-2032 USD Billion

Europe Exhaust Heat Recovery System Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Europe Exhaust Heat Recovery System Market?

The Europe Exhaust Heat Recovery System Market is segmented based on Segmentation Technology,Vehicle Type,Energy Source,Sales Channel.

What is the current market size of the Europe Exhaust Heat Recovery System Market?

Europe Exhaust Heat Recovery System Market was valued at USD 9,443.08(Revenue in USD Billion) in 2020.

What is the expected growth rate of the Europe Exhaust Heat Recovery System Market?

Europe Exhaust Heat Recovery System Market is projected to grow at a CAGR of 9.12% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Europe Exhaust Heat Recovery System Market?

The Fuel segment is expected to dominate the Europe Exhaust Heat Recovery System Market, holding a largest market share of 9,054.09 USD Billion in 2024