Electronic Expansion Valves Market

Electronic Expansion Valves (EEVs) are mainly used in refrigeration, air conditioning and heat pump systems to realize automatic adjustment of refrigerant flow, so that the system can operate under the best conditions, and achieve rapid cooling or heating, precise temperature control and energy saving. The electronic expansion valve is composed of a controller, an actuator and a sensor. Since the temperature sensing part of the electronic expansion valve is a thermocouple or a thermal resistance, it can accurately reflect the change of heat at low temperatures and provide more accurate flow adjustment.

Electronic Expansion Valves Market contains market size and forecasts of Electronic Expansion Valves (EEVs) in global, including the following market information:

Global Electronic Expansion Valves (EEVs) Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Electronic Expansion Valves (EEVs) Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Electronic Expansion Valves (EEVs) companies in 2021 (%)

The global Electronic Expansion Valves (EEVs) market was valued at 818.1 million in 2021 and is projected to reach US$ 2834.9 million by 2028, at a CAGR of 19.4% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Electromagnetic EEVs Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Electronic Expansion Valves (EEVs) include Fujikoki, SANHUA, DunAn, Saginomiya (Danfoss Poland), Danfoss, Parker, Emerson and Castel, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Electronic Expansion Valves (EEVs) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Electronic Expansion Valves (EEVs) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electronic Expansion Valves (EEVs) Market Segment Percentages, by Type, 2021 (%)

Electromagnetic EEVs

Electric EEVs

Global Electronic Expansion Valves (EEVs) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electronic Expansion Valves (EEVs) Market Segment Percentages, by Application, 2021 (%)

Home Inverter Air Conditioner

Commercial Air Conditioning & Heat Pump

New Energy Car

Global Electronic Expansion Valves (EEVs) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Electronic Expansion Valves (EEVs) Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Electronic Expansion Valves (EEVs) revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Electronic Expansion Valves (EEVs) revenues share in global market, 2021 (%)

Key companies Electronic Expansion Valves (EEVs) sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Electronic Expansion Valves (EEVs) sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Fujikoki

SANHUA

DunAn

Saginomiya (Danfoss Poland)

Danfoss

Parker

Emerson

Castel