In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Electronic Expansion Valves (EEVs) market for 2018-2023.
This report studies the Electronic Expansion Valves market. 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 $/unit, which does not include the price of the controller and sensors.
Over the next five years, LPI(LP Information) projects that Electronic Expansion Valves (EEVs) will register a 5.5% CAGR in terms of revenue, reach US$ 480 million by 2023, from US$ 350 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Expansion Valves (EEVs) market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Electronic Expansion Valves for Household Products
Electronic Expansion Valves for Commercial Products
Segmentation by application:
Home Inverter Air Conditioner
Commercial Air Conditioning & Heat Pump
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Saginomiya (Danfoss Poland)
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Electronic Expansion Valves (EEVs) consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Electronic Expansion Valves (EEVs) market by identifying its various subsegments.
Focuses on the key global Electronic Expansion Valves (EEVs) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Electronic Expansion Valves (EEVs) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Electronic Expansion Valves (EEVs) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.