Thermal Expansion Valves Market
Thermal Expansion Valves Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Thermal Expansion Valves Market Size and Growth
The Thermal Expansion Valves market is experiencing steady growth, driven by increasing demand in HVAC and refrigeration sectors. The market size is projected to reach approximately $1.2 billion by 2025, influenced by technological advancements and rising energy efficiency regulations. Competitive landscape dynamics highlight key players focused on innovation and sustainability.
Companies Covered
(Covid 19 Impact Covered)
◍ Fujikoki Corporation
◍ Sanhua
◍ EMERSON
◍ Danfoss
◍ Parker Hannifin
◍ Castel
◍ Dunan Sensing
The Thermal Expansion Valves Market is competitive, with key players like Fujikoki, Sanhua, EMERSON, Danfoss, Parker Hannifin, Castel, and Dunan Sensing driving growth through innovation and product diversification. These companies enhance efficiency and performance in refrigeration and HVAC systems, contributing to market expansion. Revenue figures include:
- Danfoss: ~$7 billion
- Emerson: ~$16 billion
- Parker Hannifin: ~$15 billion
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Market Segmentation
By Application
Automotive
Industrial
Commercial
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By Product
Internally Equalized
Externally Equalized
Market Growth
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$ X Billion USD
