North America Exhaust Heat Recovery System Market to 2032

Overview

The North America Exhaust Heat Recovery System Market is expected to reach a 16,734.18 USD Billion by 2032 and is projected to grow at a CAGR of 9.99% from 2025 to 2032.

Revenue, 2024 (USD Billion)

10,252.57

Forecast, 2032 (USD Billion)

16,734.18

CAGR, 2024 - 2032

9.99%

Report Coverage

North America

North America Exhaust Heat Recovery System Market 2018-2032 USD Billion

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

Market Growth and Projections:

Market Size (2024): 10,252.57 USD Billion
Projected Market Size (2032): 16,734.18 USD Billion
CAGR (2025-2032): 9.99%

Key Findings of North America Exhaust Heat Recovery System Market

The North America Exhaust Heat Recovery System Market was valued at 10,252.57 USD Billion in 2024.
The North America Exhaust Heat Recovery System Market is likely to grow at a CAGR of 9.99% 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 9,748.17 USD Billion
The fastest growing segment Upcoming Technology in Technology Segment grew Fastest with a CAGR of 11.91% during the forecast period from 2024 to 2032.

North America Exhaust Heat Recovery System Market Scope

North America Exhaust Heat Recovery System Market Segmentation & Scope

Energy Source

Electric
Fuel

Sales Channel

Aftermarket
OEM

Vehicle Type

Passenger Vehicle
Commercial Vehicle

Technology

Upcoming Technology
Conventional

North America Exhaust Heat Recovery System Market Data Coverage Insights

Study Period	2024-2032
Base Year	2020
Unit	Revenue in USD Billion
Market Value in 2024	10,252.57 USD Billion
Market Value in 2032	16,734.18 USD Billion
CAGR (2025-2032)	9.99%
Historic Data	2016-2023
Market Segments Covered	Energy Source,Sales Channel,Vehicle Type,Technology

Regional Insights:

Leading Market (2024-2032): North America, leading in terms of revenue 10,252.57 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 8,683.73 USD Billion in 2024.

Segments and Scope

North America Exhaust Heat Recovery System Market to 2032, By Energy Source
- Fuel is the largest segment in North America Exhaust Heat Recovery System Market to 2032 with a revenue of 9,748.17 USD Billion in the year 2024.
- Fuel is the Fastest growing segment in North America Exhaust Heat Recovery System Market to 2032 with a Growth rate of 10.19 % in forecast period 2025-2032.
North America Exhaust Heat Recovery System Market to 2032, By Sales Channel
- OEM is the largest segment in North America Exhaust Heat Recovery System Market to 2032 with a revenue of 8,593.77 USD Billion in the year 2024.
- OEM is the Fastest growing segment in North America Exhaust Heat Recovery System Market to 2032 with a Growth rate of 10.36 % in forecast period 2025-2032.
North America Exhaust Heat Recovery System Market to 2032, By Vehicle Type
- Commercial Vehicle is the largest segment in North America Exhaust Heat Recovery System Market to 2032 with a revenue of 7,192.60 USD Billion in the year 2024.
- Commercial Vehicle is the Fastest growing segment in North America Exhaust Heat Recovery System Market to 2032 with a Growth rate of 10.43 % in forecast period 2025-2032.
North America Exhaust Heat Recovery System Market to 2032, By Technology
- Conventional is the largest segment in North America Exhaust Heat Recovery System Market to 2032 with a revenue of 8,832.96 USD Billion in the year 2024.
- Upcoming Technology is the Fastest growing segment in North America Exhaust Heat Recovery System Market to 2032 with a Growth rate of 9.68 % in forecast period 2025-2032.

North America Exhaust Heat Recovery System Market Company Share Analysis

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

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

North America Exhaust Heat Recovery System Market Company Profiling

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Frequently Asked Questions

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

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

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

North America Exhaust Heat Recovery System Market was valued at USD 10,252.57(Revenue in USD Billion) in 2020.

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

North America Exhaust Heat Recovery System Market is projected to grow at a CAGR of 9.99% during the forecast period of 2024 to 2032.

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

The Fuel segment is expected to dominate the North America Exhaust Heat Recovery System Market, holding a largest market share of 9,748.17 USD Billion in 2024