Global Electronic Expansion Valves (EEVs) market will reach 460 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2018/12/29

The electronic expansion valve (EEV) operates with a much more sophisticated design. EEVs control the flow of refrigerant entering a direct expansion evaporator. They do this in response to signals sent to them by an electronic controller.

Worldwide, China is the largest market of Electronic Expansion Valves, both in production and consumption market, while China is the largest contributor. It is estimated that China accounts for 64.46 % of the industry total production and consumes about 65.29 % of industry total consumption volume.

The price gap is relatively large of electronics expansion valves between different companies.

SANHUA, Fujikoki, DunAn, Saginomiya mainly supply electronics expansion valves to the home inverter air conditioner manufactures. While, Danfoss, Parker, Emerson, Castel, these player mainly supply electronics expansion valves to the commercial inverter air conditioner (power>4HP) manufactures. But these companies sales volume is in small-scale sales with high price. These companies are often integrated enterprise valve manufacturer. They have advanced technology and rich production line. The generally price range is between 160$/unit to 450 $/unit, which does not include the price of the controller and sensors.

The global Electronic Expansion Valves (EEVs) market is valued at 350 million US$ in 2017 and will reach 460 million US$ by the end of 2025, growing at a CAGR of 3.7% during 2018-2025.

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