Global Electronic Expansion Valves for Refrigeration System Market Growth 2023-2029
Electronic Expansion Valves (EEV) are used in a range of refrigeration systems such as commercial cool rooms and walk-in freezers to precisely control the flow of refrigerant into the evaporator. They are an evolution of conventional Thermostatic Expansion Valves (TEV) that use springs, bellows and pushrods to control the amount of refrigerant released into the evaporator and hold a constant evaporator superheat. The EEV is a more sophisticated design and operates with greater precision and efficiency. EEVs control the flow of refrigerant entering a direct expansion evaporator in response to signals sent by an electronic controller. This allows the refrigeration system to operate much more accurately and efficiently.
LPI (LP Information)' newest research report, the “Electronic Expansion Valves for Refrigeration System Industry Forecast” looks at past sales and reviews total world Electronic Expansion Valves for Refrigeration System sales in 2022, providing a comprehensive analysis by region and market sector of projected Electronic Expansion Valves for Refrigeration System sales for 2023 through 2029. With Electronic Expansion Valves for Refrigeration System 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 for Refrigeration System industry.
This Insight Report provides a comprehensive analysis of the global Electronic Expansion Valves for Refrigeration System 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 for Refrigeration System 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 for Refrigeration System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Expansion Valves for Refrigeration System 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 for Refrigeration System.
The global Electronic Expansion Valves for Refrigeration System market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Electronic Expansion Valves for Refrigeration System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Electronic Expansion Valves for Refrigeration System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Electronic Expansion Valves for Refrigeration System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Electronic Expansion Valves for Refrigeration System players cover Fujikoki Corporation, SANHUA, DunAn, Carel, Danfoss Group, Parker, Emerson, Castel and Volga Freeze, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Expansion Valves for Refrigeration System market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Electromagnetic Electronic Expansion Valve
Electric Electronic Expansion Valve
Segmentation by application
Home Inverter Air Conditioner
Commercial Air Conditioning
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 Corporation
SANHUA
DunAn
Carel
Danfoss Group
Parker
Emerson
Castel
Volga Freeze
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electronic Expansion Valves for Refrigeration System market?
What factors are driving Electronic Expansion Valves for Refrigeration System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electronic Expansion Valves for Refrigeration System market opportunities vary by end market size?
How does Electronic Expansion Valves for Refrigeration System 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.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook