Global Electronic Expansion Valve for Electric Vehicles Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Electronic Expansion Valve for Electric Vehicles Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Electronic Expansion Valve for Electric Vehicles market size was valued at USD 149.2 million in 2023 and is forecast to a readjusted size of USD 855.1 million by 2030 with a CAGR of 28.3% during review period.

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 thermal resistance, it can accurately reflect the change of superheat at low temperature and provide more accurate flow adjustment. At the same time, the electronic expansion valve has a large flow control range, sensitive response, and rapid action. The fine adjustment makes up for the shortcomings that the capillary tube and the thermal expansion valve cannot be adjusted, and is more suitable for the electronic and thermal management control of electric vehicles.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

The Global Info Research report includes an overview of the development of the Electronic Expansion Valve for Electric Vehicles industry chain, the market status of Battery Electric Vehicle (BEV) (Electronic Expansion Valve for Air Conditioning Thermal Management, Electronic Expansion Valve for Battery Thermal Management System), Plug-in Hybrid Electric Vehicle (PHEV) (Electronic Expansion Valve for Air Conditioning Thermal Management, Electronic Expansion Valve for Battery Thermal Management System), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electronic Expansion Valve for Electric Vehicles.

Regionally, the report analyzes the Electronic Expansion Valve for Electric Vehicles markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electronic Expansion Valve for Electric Vehicles market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Electronic Expansion Valve for Electric Vehicles market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electronic Expansion Valve for Electric Vehicles industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Electronic Expansion Valve for Air Conditioning Thermal Management, Electronic Expansion Valve for Battery Thermal Management System).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electronic Expansion Valve for Electric Vehicles market.

Regional Analysis: The report involves examining the Electronic Expansion Valve for Electric Vehicles market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electronic Expansion Valve for Electric Vehicles market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Electronic Expansion Valve for Electric Vehicles:

Company Analysis: Report covers individual Electronic Expansion Valve for Electric Vehicles manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electronic Expansion Valve for Electric Vehicles This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV)).

Technology Analysis: Report covers specific technologies relevant to Electronic Expansion Valve for Electric Vehicles. It assesses the current state, advancements, and potential future developments in Electronic Expansion Valve for Electric Vehicles areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electronic Expansion Valve for Electric Vehicles market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Electronic Expansion Valve for Electric Vehicles market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Electronic Expansion Valve for Air Conditioning Thermal Management
Electronic Expansion Valve for Battery Thermal Management System

Market segment by Application
Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)

Major players covered
Sanhua Intelligent Controls
Fujikoki
Dun'An Artificial Environment
TGK
Hanon Systems
Xinjing Air Conditioning Equipment
Tuopu Group
EGELHOF
Schrader Pacific Advanced Valves (Pacific Industrial)
Valeo
SKG
Hilite International

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electronic Expansion Valve for Electric Vehicles product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electronic Expansion Valve for Electric Vehicles, with price, sales, revenue and global market share of Electronic Expansion Valve for Electric Vehicles from 2019 to 2024.

Chapter 3, the Electronic Expansion Valve for Electric Vehicles competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electronic Expansion Valve for Electric Vehicles breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electronic Expansion Valve for Electric Vehicles market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electronic Expansion Valve for Electric Vehicles.

Chapter 14 and 15, to describe Electronic Expansion Valve for Electric Vehicles sales channel, distributors, customers, research findings and conclusion.