Report overview
The electronic expansion valve is composed of a controller, an actuator and a sensor. The temperature sensing part of the electronic expansion valve is a thermocouple or a thermal resistor, so it can accurately reflect the change of superheat degree at low temperature and provide more accurate flow regulation. At the same time, the electronic expansion valve has large flow control range, sensitive response, rapid action and fine adjustment, which makes up for the shortcomings of capillary and thermal expansion valve that cannot be adjusted. It is more suitable for the electronic and refined management and control of electric vehicles.
This report contains market size and forecasts of Electric Vehicle Electronic Expansion Valve (EXV) in global, including the following market information:
Global Electric Vehicle Electronic Expansion Valve (EXV) Market Revenue, 2018-2023, 2023-2030, ($ millions)
Global Electric Vehicle Electronic Expansion Valve (EXV) Market Sales, 2018-2023, 2023-2030, (K Units)
Global top five Electric Vehicle Electronic Expansion Valve (EXV) companies in 2022 (%)
The global Electric Vehicle Electronic Expansion Valve (EXV) market was valued at 145.1 million in 2022 and is projected to reach US$ 671.6 million by 2030, at a CAGR of 24.5% during the forecast period 2023-2030.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million by 2030.
EXV for Air Conditioning Thermal Management Segment to Reach $ Million by 2030, with a % CAGR in next six years.
The global key manufacturers of Electric Vehicle Electronic Expansion Valve (EXV) include Zhejiang Sanhua Automotive Components, TGK, Zhejiang Dun?an Artificial Environment, HANON, Fujikoki, XINJING and Ningbo Tuopu, etc. In 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Electric Vehicle Electronic Expansion Valve (EXV) 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 Electric Vehicle Electronic Expansion Valve (EXV) Market, by Type, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Electric Vehicle Electronic Expansion Valve (EXV) Market Segment Percentages, by Type, 2022 (%)
EXV for Air Conditioning Thermal Management
EXV for Battery Thermal Management
Global Electric Vehicle Electronic Expansion Valve (EXV) Market, by Application, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Electric Vehicle Electronic Expansion Valve (EXV) Market Segment Percentages, by Application, 2022 (%)
BEV
HEV and PHEV
Global Electric Vehicle Electronic Expansion Valve (EXV) Market, By Region and Country, 2018-2023, 2023-2030 ($ Millions) & (K Units)
Global Electric Vehicle Electronic Expansion Valve (EXV) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Vehicle Electronic Expansion Valve (EXV) revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Electric Vehicle Electronic Expansion Valve (EXV) revenues share in global market, 2022 (%)
Key companies Electric Vehicle Electronic Expansion Valve (EXV) sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Electric Vehicle Electronic Expansion Valve (EXV) sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Zhejiang Sanhua Automotive Components
TGK
Zhejiang Dun?an Artificial Environment
HANON
Fujikoki
XINJING
Ningbo Tuopu