Electric Expansion Valves (EEVs) Market
Electric Expansion Valves (EEVs) Market Scope:
Industry Analysis, Market Size, Growth, Trends Till 2031
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Electric Expansion Valves (EEVs) Market Size and Growth
The Electric Expansion Valves (EEVs) market is experiencing significant growth, driven by advancements in HVAC and refrigeration technologies. The global market size is projected to reach approximately $X billion by 2027, fueled by increasing energy efficiency regulations and a shift toward automation.
Competitive dynamics highlight innovation and strategic partnerships as key trends.
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Companies Covered (Covid 19 Impact Covered)
◍ SANHUA
◍ Fujikoki
◍ DunAn
◍ Saginomiya (Danfoss Poland)
◍ Danfoss
◍ Parker
◍ Emerson
◍ Castel
The Electric Expansion Valves (EEVs) market features key players like SANHUA, Fujikoki, DunAn, Saginomiya, Danfoss, Parker, Emerson, and Castel, each advancing technology and enhancing efficiency. These companies innovate solutions, increase demand in HVAC and refrigeration, and significantly contribute to market growth through their advanced EEV offerings. Sales figures include:
- Danfoss: $7 billion (2022)
- Emerson: $24 billion (2022)
- Parker: $17 billion (2022)
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Market Segmentation
By Application
◍ Home Inverter Air Conditioner
◍ Commercial Air Conditioning & Heat Pump
◍ New Energy Car
By Product
◍ Electric Type EEVs ◍ Electromagnetic Type EEVs
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Market Growth
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$ X Billion USD
