Industry: Machinery & Equipment
Published Date: 2024-01-02
Pages: 86 Pages
Report ld: 2112556
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Electronic Expansion Valves (EEVs) Market Size(US$)

CAGR 2024-2030
20.3%
Market Size,2030
USD 2,940.8
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
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.
The global Electronic Expansion Valves (EEVs) market was valued at US$ 795.1 million in 2023 and is anticipated to reach US$ 2940.8 million by 2030, witnessing a CAGR of 20.3% during the forecast period 2024-2030.
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 aims to provide a comprehensive presentation of the global market for Electronic Expansion Valves (EEVs), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electronic Expansion Valves (EEVs).
MARKET SEGMENTATION
REPORT SCOPE
The Electronic Expansion Valves (EEVs) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electronic Expansion Valves (EEVs) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electronic Expansion Valves (EEVs) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electronic Expansion Valves (EEVs) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electronic Expansion Valves (EEVs) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electronic Expansion Valves (EEVs) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Electronic Expansion Valves (EEVs) Market Overview
1.1 Product Definition
1.2 Electronic Expansion Valves (EEVs) Segment by Type
1.2.1 Global Electronic Expansion Valves (EEVs) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Electromagnetic EEVs
1.2.3 Electric EEVs
1.3 Electronic Expansion Valves (EEVs) Segment by Application
1.3.1 Global Electronic Expansion Valves (EEVs) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Home Inverter Air Conditioner
1.3.3 Commercial Air Conditioning & Heat Pump
1.3.4 New Energy Car
1.4 Global Market Growth Prospects
1.4.1 Global Electronic Expansion Valves (EEVs) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electronic Expansion Valves (EEVs) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electronic Expansion Valves (EEVs) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electronic Expansion Valves (EEVs) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electronic Expansion Valves (EEVs) Production Market Share by Manufacturers (2019-2024)
2.2 Global Electronic Expansion Valves (EEVs) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electronic Expansion Valves (EEVs), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Electronic Expansion Valves (EEVs) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Electronic Expansion Valves (EEVs) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electronic Expansion Valves (EEVs), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Electronic Expansion Valves (EEVs), Product Offered and Application
2.8 Global Key Manufacturers of Electronic Expansion Valves (EEVs), Date of Enter into This Industry
2.9 Electronic Expansion Valves (EEVs) Market Competitive Situation and Trends
2.9.1 Electronic Expansion Valves (EEVs) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electronic Expansion Valves (EEVs) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electronic Expansion Valves (EEVs) Production by Region
3.1 Global Electronic Expansion Valves (EEVs) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electronic Expansion Valves (EEVs) Production Value by Region (2019-2030)
3.2.1 Global Electronic Expansion Valves (EEVs) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electronic Expansion Valves (EEVs) by Region (2025-2030)
3.3 Global Electronic Expansion Valves (EEVs) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electronic Expansion Valves (EEVs) Production by Region (2019-2030)
3.4.1 Global Electronic Expansion Valves (EEVs) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electronic Expansion Valves (EEVs) by Region (2025-2030)
3.5 Global Electronic Expansion Valves (EEVs) Market Price Analysis by Region (2019-2024)
3.6 Global Electronic Expansion Valves (EEVs) Production and Value, Year-over-Year Growth
3.6.1 North America Electronic Expansion Valves (EEVs) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electronic Expansion Valves (EEVs) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electronic Expansion Valves (EEVs) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electronic Expansion Valves (EEVs) Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Electronic Expansion Valves (EEVs) Production Value Estimates and Forecasts (2019-2030)
3.6.6 Southeast Asia Electronic Expansion Valves (EEVs) Production Value Estimates and Forecasts (2019-2030)
4 Electronic Expansion Valves (EEVs) Consumption by Region
4.1 Global Electronic Expansion Valves (EEVs) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electronic Expansion Valves (EEVs) Consumption by Region (2019-2030)
4.2.1 Global Electronic Expansion Valves (EEVs) Consumption by Region (2019-2024)
4.2.2 Global Electronic Expansion Valves (EEVs) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electronic Expansion Valves (EEVs) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electronic Expansion Valves (EEVs) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electronic Expansion Valves (EEVs) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electronic Expansion Valves (EEVs) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Electronic Expansion Valves (EEVs) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electronic Expansion Valves (EEVs) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electronic Expansion Valves (EEVs) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electronic Expansion Valves (EEVs) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Electronic Expansion Valves (EEVs) Production by Type (2019-2030)
5.1.1 Global Electronic Expansion Valves (EEVs) Production by Type (2019-2024)
5.1.2 Global Electronic Expansion Valves (EEVs) Production by Type (2025-2030)
5.1.3 Global Electronic Expansion Valves (EEVs) Production Market Share by Type (2019-2030)
5.2 Global Electronic Expansion Valves (EEVs) Production Value by Type (2019-2030)
5.2.1 Global Electronic Expansion Valves (EEVs) Production Value by Type (2019-2024)
5.2.2 Global Electronic Expansion Valves (EEVs) Production Value by Type (2025-2030)
5.2.3 Global Electronic Expansion Valves (EEVs) Production Value Market Share by Type (2019-2030)
5.3 Global Electronic Expansion Valves (EEVs) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electronic Expansion Valves (EEVs) Production by Application (2019-2030)
6.1.1 Global Electronic Expansion Valves (EEVs) Production by Application (2019-2024)
6.1.2 Global Electronic Expansion Valves (EEVs) Production by Application (2025-2030)
6.1.3 Global Electronic Expansion Valves (EEVs) Production Market Share by Application (2019-2030)
6.2 Global Electronic Expansion Valves (EEVs) Production Value by Application (2019-2030)
6.2.1 Global Electronic Expansion Valves (EEVs) Production Value by Application (2019-2024)
6.2.2 Global Electronic Expansion Valves (EEVs) Production Value by Application (2025-2030)
6.2.3 Global Electronic Expansion Valves (EEVs) Production Value Market Share by Application (2019-2030)
6.3 Global Electronic Expansion Valves (EEVs) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Fujikoki
7.1.1 Fujikoki Electronic Expansion Valves (EEVs) Corporation Information
7.1.2 Fujikoki Electronic Expansion Valves (EEVs) Product Portfolio
7.1.3 Fujikoki Electronic Expansion Valves (EEVs) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Fujikoki Main Business and Markets Served
7.1.5 Fujikoki Recent Developments/Updates
7.2 SANHUA
7.2.1 SANHUA Electronic Expansion Valves (EEVs) Corporation Information
7.2.2 SANHUA Electronic Expansion Valves (EEVs) Product Portfolio
7.2.3 SANHUA Electronic Expansion Valves (EEVs) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 SANHUA Main Business and Markets Served
7.2.5 SANHUA Recent Developments/Updates
7.3 DunAn
7.3.1 DunAn Electronic Expansion Valves (EEVs) Corporation Information
7.3.2 DunAn Electronic Expansion Valves (EEVs) Product Portfolio
7.3.3 DunAn Electronic Expansion Valves (EEVs) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 DunAn Main Business and Markets Served
7.3.5 DunAn Recent Developments/Updates
7.4 Saginomiya (Danfoss Poland)
7.4.1 Saginomiya (Danfoss Poland) Electronic Expansion Valves (EEVs) Corporation Information
7.4.2 Saginomiya (Danfoss Poland) Electronic Expansion Valves (EEVs) Product Portfolio
7.4.3 Saginomiya (Danfoss Poland) Electronic Expansion Valves (EEVs) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Saginomiya (Danfoss Poland) Main Business and Markets Served
7.4.5 Saginomiya (Danfoss Poland) Recent Developments/Updates
7.5 Danfoss
7.5.1 Danfoss Electronic Expansion Valves (EEVs) Corporation Information
7.5.2 Danfoss Electronic Expansion Valves (EEVs) Product Portfolio
7.5.3 Danfoss Electronic Expansion Valves (EEVs) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Danfoss Main Business and Markets Served
7.5.5 Danfoss Recent Developments/Updates
7.6 Parker
7.6.1 Parker Electronic Expansion Valves (EEVs) Corporation Information
7.6.2 Parker Electronic Expansion Valves (EEVs) Product Portfolio
7.6.3 Parker Electronic Expansion Valves (EEVs) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Parker Main Business and Markets Served
7.6.5 Parker Recent Developments/Updates
7.7 Emerson
7.7.1 Emerson Electronic Expansion Valves (EEVs) Corporation Information
7.7.2 Emerson Electronic Expansion Valves (EEVs) Product Portfolio
7.7.3 Emerson Electronic Expansion Valves (EEVs) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Emerson Main Business and Markets Served
7.7.5 Emerson Recent Developments/Updates
7.8 Castel
7.8.1 Castel Electronic Expansion Valves (EEVs) Corporation Information
7.8.2 Castel Electronic Expansion Valves (EEVs) Product Portfolio
7.8.3 Castel Electronic Expansion Valves (EEVs) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Castel Main Business and Markets Served
7.7.5 Castel Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electronic Expansion Valves (EEVs) Industry Chain Analysis
8.2 Electronic Expansion Valves (EEVs) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electronic Expansion Valves (EEVs) Production Mode & Process
8.4 Electronic Expansion Valves (EEVs) Sales and Marketing
8.4.1 Electronic Expansion Valves (EEVs) Sales Channels
8.4.2 Electronic Expansion Valves (EEVs) Distributors
8.5 Electronic Expansion Valves (EEVs) Customers
9 Electronic Expansion Valves (EEVs) Market Dynamics
9.1 Electronic Expansion Valves (EEVs) Industry Trends
9.2 Electronic Expansion Valves (EEVs) Market Drivers
9.3 Electronic Expansion Valves (EEVs) Market Challenges
9.4 Electronic Expansion Valves (EEVs) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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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.
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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.
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USD 5900.00
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The global Electronic Expansion Valves (EEVs) market is projected to grow from US$ 1353 million in 2025 to US$ 2815 million by 2032, at a CAGR of 10.8% (2026-2032), driven by critical product segments and diverse end‑use applications, while evolving U.S. tariff policies introduce trade‑cost volatility and supply‑chain uncertainty.
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The global market for Electronic Expansion Valves (EEVs) was estimated to be worth US$ 1353 million in 2025 and is projected to reach US$ 2815 million, growing at a CAGR of 10.8% from 2026 to 2032.
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In 2024, the global market size of Electronic Expansion Valves (EEVs) was estimated to be worth US$ 1147 million and is forecast to reach approximately US$ 4114 million by 2031 with a CAGR of 20.3% during the forecast period 2025-2031.
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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.
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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