Global Electronic Expansion Valves (EEVs) Market Growth 2023-2029

Global Electronic Expansion Valves (EEVs) Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Electronic Expansion Valves (EEVs) Industry Forecast” looks at past sales and reviews total world Electronic Expansion Valves (EEVs) sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Expansion Valves (EEVs) sales for 2023 through 2029. With Electronic Expansion Valves (EEVs) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Expansion Valves (EEVs) industry.
This Insight Report provides a comprehensive analysis of the global Electronic Expansion Valves (EEVs) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Expansion Valves (EEVs) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electronic Expansion Valves (EEVs) market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Expansion Valves (EEVs) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Expansion Valves (EEVs).
The global Electronic Expansion Valves (EEVs) market size is projected to grow from US$ 777.8 million in 2022 to US$ 2963.7 million in 2029; it is expected to grow at a CAGR of 2963.7 from 2023 to 2029.
The major players in global Electronic Expansion Valves (EEVs) market include SANHUA, Fujikoki, DunAn, etc. The top 3 players occupy about 95% shares of the global market. China and Europe are main markets, they occupy about 80% of the global market. Electromagnetic EEVs is the main type, with a share about 90%. Home Inverter Air Conditioner is the main application, which holds a share about 90%.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Expansion Valves (EEVs) market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Electromagnetic EEVs
Electric EEVs
Segmentation by application
Home Inverter Air Conditioner
Commercial Air Conditioning & Heat Pump
New Energy Car
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Fujikoki
SANHUA
DunAn
Saginomiya (Danfoss Poland)
Danfoss
Parker
Emerson
Castel
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Expansion Valves (EEVs) market?
What factors are driving Electronic Expansion Valves (EEVs) market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Expansion Valves (EEVs) market opportunities vary by end market size?
How does Electronic Expansion Valves (EEVs) break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.