Electronic Expansion Valve Controller Market
Electronic Expansion Valve Controller Market Size and Growth
The Electronic Expansion Valve Controller market is experiencing significant growth, driven by rising demand for efficient HVAC systems and automotive applications. The global market size is projected to reach approximately $1.5 billion by 2028, with a CAGR of around 7% over the forecast period, reflecting advancements in technology and increased energy efficiency needs.
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Companies Covered
(Covid 19 Impact Covered)
◍ Emerson
◍ CAREL
◍ Sanhua
◍ KAHAN CONTROLS
◍ EVCO SpA
◍ Seungil Electronics
The Electronic Expansion Valve Controller Market features key players like Emerson, CAREL, Sanhua, KAHAN CONTROLS, EVCO SpA, Seungil Electronics, Shanghai Goldair Electric System, and MST Corporation. These companies innovate and provide efficient control solutions, driving market growth through advanced technology and customer-focused solutions.
- Emerson: Approx. $24 billion revenue
- CAREL: Approx. $500 million revenue
- Danfoss: Approx. $7 billion revenue
◍ Shanghai Goldair Electric System Co.,Ltd
◍ MST Corporation
◍ Danfoss
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Market Segmentation
By Application
Refrigeration System
Air Conditioning Manufacturing
Heat Pump System
Others
By Product
◍ Non-proprietary
Proprietary
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Market Growth
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$ X Billion USD
