Industry: Machinery & Equipment
Published Date: 2024-01-06
Pages: 98 Pages
Report ld: 2160323
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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 market for Electronic Expansion Valves (EEVs) was estimated to be worth US$ 795.1 million in 2023 and is forecast to a readjusted size of US$ 2940.8 million by 2030 with 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%.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Electronic Expansion Valves (EEVs), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Electronic Expansion Valves (EEVs) by region & country, by Type, and by Application.
The Electronic Expansion Valves (EEVs) market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. 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).
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides 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 2: Detailed analysis of Electronic Expansion Valves (EEVs) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Sales, revenue of Electronic Expansion Valves (EEVs) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Electronic Expansion Valves (EEVs) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
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 Market Overview
1.1 Electronic Expansion Valves (EEVs) Product Introduction
1.2 Global Electronic Expansion Valves (EEVs) Market Size Forecast
1.2.1 Global Electronic Expansion Valves (EEVs) Sales Value (2019-2030)
1.2.2 Global Electronic Expansion Valves (EEVs) Sales Volume (2019-2030)
1.2.3 Global Electronic Expansion Valves (EEVs) Sales Price (2019-2030)
1.3 Electronic Expansion Valves (EEVs) Market Trends & Drivers
1.3.1 Electronic Expansion Valves (EEVs) Industry Trends
1.3.2 Electronic Expansion Valves (EEVs) Market Drivers & Opportunity
1.3.3 Electronic Expansion Valves (EEVs) Market Challenges
1.3.4 Electronic Expansion Valves (EEVs) Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Electronic Expansion Valves (EEVs) Players Revenue Ranking (2023)
2.2 Global Electronic Expansion Valves (EEVs) Revenue by Company (2019-2024)
2.3 Global Electronic Expansion Valves (EEVs) Players Sales Volume Ranking (2023)
2.4 Global Electronic Expansion Valves (EEVs) Sales Volume by Company Players (2019-2024)
2.5 Global Electronic Expansion Valves (EEVs) Average Price by Company (2019-2024)
2.6 Key Manufacturers Electronic Expansion Valves (EEVs) Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Electronic Expansion Valves (EEVs) Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Electronic Expansion Valves (EEVs)
2.9 Electronic Expansion Valves (EEVs) Market Competitive Analysis
2.9.1 Electronic Expansion Valves (EEVs) Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Electronic Expansion Valves (EEVs) Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Electronic Expansion Valves (EEVs) as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Electromagnetic EEVs
3.1.2 Electric EEVs
3.2 Global Electronic Expansion Valves (EEVs) Sales Value by Type
3.2.1 Global Electronic Expansion Valves (EEVs) Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Electronic Expansion Valves (EEVs) Sales Value, by Type (2019-2030)
3.2.3 Global Electronic Expansion Valves (EEVs) Sales Value, by Type (%) (2019-2030)
3.3 Global Electronic Expansion Valves (EEVs) Sales Volume by Type
3.3.1 Global Electronic Expansion Valves (EEVs) Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Electronic Expansion Valves (EEVs) Sales Volume, by Type (2019-2030)
3.3.3 Global Electronic Expansion Valves (EEVs) Sales Volume, by Type (%) (2019-2030)
3.4 Global Electronic Expansion Valves (EEVs) Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Home Inverter Air Conditioner
4.1.2 Commercial Air Conditioning & Heat Pump
4.1.3 New Energy Car
4.2 Global Electronic Expansion Valves (EEVs) Sales Value by Application
4.2.1 Global Electronic Expansion Valves (EEVs) Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Electronic Expansion Valves (EEVs) Sales Value, by Application (2019-2030)
4.2.3 Global Electronic Expansion Valves (EEVs) Sales Value, by Application (%) (2019-2030)
4.3 Global Electronic Expansion Valves (EEVs) Sales Volume by Application
4.3.1 Global Electronic Expansion Valves (EEVs) Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Electronic Expansion Valves (EEVs) Sales Volume, by Application (2019-2030)
4.3.3 Global Electronic Expansion Valves (EEVs) Sales Volume, by Application (%) (2019-2030)
4.4 Global Electronic Expansion Valves (EEVs) Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Electronic Expansion Valves (EEVs) Sales Value by Region
5.1.1 Global Electronic Expansion Valves (EEVs) Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Electronic Expansion Valves (EEVs) Sales Value by Region (2019-2024)
5.1.3 Global Electronic Expansion Valves (EEVs) Sales Value by Region (2025-2030)
5.1.4 Global Electronic Expansion Valves (EEVs) Sales Value by Region (%), (2019-2030)
5.2 Global Electronic Expansion Valves (EEVs) Sales Volume by Region
5.2.1 Global Electronic Expansion Valves (EEVs) Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Electronic Expansion Valves (EEVs) Sales Volume by Region (2019-2024)
5.2.3 Global Electronic Expansion Valves (EEVs) Sales Volume by Region (2025-2030)
5.2.4 Global Electronic Expansion Valves (EEVs) Sales Volume by Region (%), (2019-2030)
5.3 Global Electronic Expansion Valves (EEVs) Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
5.4.2 North America Electronic Expansion Valves (EEVs) Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
5.5.2 Europe Electronic Expansion Valves (EEVs) Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
5.6.2 Asia Pacific Electronic Expansion Valves (EEVs) Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
5.7.2 South America Electronic Expansion Valves (EEVs) Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
5.8.2 Middle East & Africa Electronic Expansion Valves (EEVs) Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Electronic Expansion Valves (EEVs) Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Electronic Expansion Valves (EEVs) Sales Value
6.2.1 Key Countries/Regions Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
6.2.2 Key Countries/Regions Electronic Expansion Valves (EEVs) Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
6.3.2 United States Electronic Expansion Valves (EEVs) Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Electronic Expansion Valves (EEVs) Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
6.4.2 Europe Electronic Expansion Valves (EEVs) Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Electronic Expansion Valves (EEVs) Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
6.5.2 China Electronic Expansion Valves (EEVs) Sales Value by Type (%), 2023 VS 2030
6.5.3 China Electronic Expansion Valves (EEVs) Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
6.6.2 Japan Electronic Expansion Valves (EEVs) Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Electronic Expansion Valves (EEVs) Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
6.7.2 South Korea Electronic Expansion Valves (EEVs) Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Electronic Expansion Valves (EEVs) Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
6.8.2 Southeast Asia Electronic Expansion Valves (EEVs) Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Electronic Expansion Valves (EEVs) Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Electronic Expansion Valves (EEVs) Sales Value, 2019-2030
6.9.2 India Electronic Expansion Valves (EEVs) Sales Value by Type (%), 2023 VS 2030
6.9.3 India Electronic Expansion Valves (EEVs) Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Fujikoki
7.1.1 Fujikoki Company Information
7.1.2 Fujikoki Introduction and Business Overview
7.1.3 Fujikoki Electronic Expansion Valves (EEVs) Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Fujikoki Electronic Expansion Valves (EEVs) Product Offerings
7.1.5 Fujikoki Recent Development
7.2 SANHUA
7.2.1 SANHUA Company Information
7.2.2 SANHUA Introduction and Business Overview
7.2.3 SANHUA Electronic Expansion Valves (EEVs) Sales, Revenue and Gross Margin (2019-2024)
7.2.4 SANHUA Electronic Expansion Valves (EEVs) Product Offerings
7.2.5 SANHUA Recent Development
7.3 DunAn
7.3.1 DunAn Company Information
7.3.2 DunAn Introduction and Business Overview
7.3.3 DunAn Electronic Expansion Valves (EEVs) Sales, Revenue and Gross Margin (2019-2024)
7.3.4 DunAn Electronic Expansion Valves (EEVs) Product Offerings
7.3.5 DunAn Recent Development
7.4 Saginomiya (Danfoss Poland)
7.4.1 Saginomiya (Danfoss Poland) Company Information
7.4.2 Saginomiya (Danfoss Poland) Introduction and Business Overview
7.4.3 Saginomiya (Danfoss Poland) Electronic Expansion Valves (EEVs) Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Saginomiya (Danfoss Poland) Electronic Expansion Valves (EEVs) Product Offerings
7.4.5 Saginomiya (Danfoss Poland) Recent Development
7.5 Danfoss
7.5.1 Danfoss Company Information
7.5.2 Danfoss Introduction and Business Overview
7.5.3 Danfoss Electronic Expansion Valves (EEVs) Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Danfoss Electronic Expansion Valves (EEVs) Product Offerings
7.5.5 Danfoss Recent Development
7.6 Parker
7.6.1 Parker Company Information
7.6.2 Parker Introduction and Business Overview
7.6.3 Parker Electronic Expansion Valves (EEVs) Sales, Revenue and Gross Margin (2019-2024)
7.6.4 Parker Electronic Expansion Valves (EEVs) Product Offerings
7.6.5 Parker Recent Development
7.7 Emerson
7.7.1 Emerson Company Information
7.7.2 Emerson Introduction and Business Overview
7.7.3 Emerson Electronic Expansion Valves (EEVs) Sales, Revenue and Gross Margin (2019-2024)
7.7.4 Emerson Electronic Expansion Valves (EEVs) Product Offerings
7.7.5 Emerson Recent Development
7.8 Castel
7.8.1 Castel Company Information
7.8.2 Castel Introduction and Business Overview
7.8.3 Castel Electronic Expansion Valves (EEVs) Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Castel Electronic Expansion Valves (EEVs) Product Offerings
7.8.5 Castel Recent Development
8 Industry Chain Analysis
8.1 Electronic Expansion Valves (EEVs) Industrial Chain
8.2 Electronic Expansion Valves (EEVs) Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Electronic Expansion Valves (EEVs) Sales Model
8.5.2 Sales Channel
8.5.3 Electronic Expansion Valves (EEVs) Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 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.
Published: 2025-03-28
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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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