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Electronic Expansion Valve for Electric Vehicles Market, Global Outlook and Forecast 2023-2029

Electronic Expansion Valve for Electric Vehicles Market, Global Outlook and Forecast 2023-2029

  • Published on : 25 February 2023
  • Pages :73
  • Report Code:SMR-7581603

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Report overview

The global Electronic Expansion Valve for Electric Vehicles market was valued at US$ 0.31 billion in 2022 and is projected to reach US$ 1.45 billion by 2029, at a CAGR of 23.09% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global Electronic Expansion Valve for Electric Vehicles market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global Electronic Expansion Valve for Electric Vehicles market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global Electronic Expansion Valve for Electric Vehicles market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

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.
This report aims to provide a comprehensive presentation of the global market for Electronic Expansion Valve for Electric Vehicles, 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 Valve for Electric Vehicles. This report contains market size and forecasts of Electronic Expansion Valve for Electric Vehicles in global, including the following market information:

  • Global Electronic Expansion Valve for Electric Vehicles Market Revenue, 2018-2023, 2024-2029, ($ millions)
  • Global Electronic Expansion Valve for Electric Vehicles Market Sales, 2018-2023, 2024-2029, (K Units)
  • Global top five Electronic Expansion Valve for Electric Vehicles companies in 2022 (%)

The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Electronic Expansion Valve for Air Conditioning Thermal Management Segment to Reach $ Million by 2029, with a % CAGR in next six years.

The global key manufacturers of Electronic Expansion Valve for Electric Vehicles include Zhejiang Sanhua Automotive Components, TGK, Zhejiang Dun'an Artificial Environment, HANON, Egelhof, Fujikoki, Schrader Pacific Advanced Valves (Pacific Industrial), XINJING, Hilite International and Ningbo Tuopu etc. In 2022, the world's top three vendors accounted for approximately 88% of the revenue.

We has surveyed the Electronic Expansion Valve for Electric Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Electronic Expansion Valve for Electric Vehicles Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Expansion Valve for Electric Vehicles Market Segment Percentages, by Type, 2022 (%)
  • Electronic Expansion Valve for Air Conditioning Thermal Management
  • Electronic Expansion Valve for Battery Thermal Management System
Global Electronic Expansion Valve for Electric Vehicles Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Expansion Valve for Electric Vehicles Market Segment Percentages, by Application, 2022 (%)
  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
Global Electronic Expansion Valve for Electric Vehicles Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Electronic Expansion Valve for Electric Vehicles Market Segment Percentages, By Region and Country, 2022 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies Electronic Expansion Valve for Electric Vehicles revenues in global market, 2018-2023 (Estimated), ($ millions)
  • Key companies Electronic Expansion Valve for Electric Vehicles revenues share in global market, 2022 (%)
  • Key companies Electronic Expansion Valve for Electric Vehicles sales in global market, 2018-2023 (Estimated), (K Units)
  • Key companies Electronic Expansion Valve for Electric Vehicles sales share in global market, 2022 (%)
key players include:
  • 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
  • Zhejiang Sanhua Automotive Components
  • Zhejiang Dun'an Artificial Environment
  • HANON
  • Egelhof
  • XINJING
  • Ningbo Tuopu

Outline of Major Chapters:
Chapter 1: Introduces the definition of Electronic Expansion Valve for Electric Vehicles, market overview.
Chapter 2: Global Electronic Expansion Valve for Electric Vehicles market size in revenue and volume.
Chapter 3: Detailed analysis of Electronic Expansion Valve for Electric Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Electronic Expansion Valve for Electric Vehicles 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 of each country in the world.
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: Global Electronic Expansion Valve for Electric Vehicles capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.