Automotive Electronic Expansion Valve Market Research Reportβ€”Global Forecast till 2030

Automotive Electronic Expansion Valve Market Research Report: Information by Type (Electromagnetic and Electric), Application (Commercial Vehicle and Passenger Car), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and South America) – Forecast till 2030

ID: MRFR/AM/9136-HCR | July 2021 | Region: Global | 111 Pages         

Table of Contents

1 Executive Summary

2 Market Introduction

2.1 Market Definition

2.2 Scope of the Study

2.3 Market Structure

3 Research Methodology

3.1 Primary Research

3.2 Secondary Research

3.3 Market Capacity Estimation

3.4 Forecast Model

3.5 List of Assumptions

3.6 Limitations of the Study

4 Market Insights

5 Market Dynamics

5.1 Introduction

5.2 Market Drivers

5.3 Market Restraints

5.4 Market Opportunities

5.5 Porter’s Five Forces Analysis

5.5.1 Threat of New Entrants

5.5.2 Bargaining Power of Buyers

5.5.3 Threat of Substitutes

5.5.4 Bargaining Power of Suppliers

5.5.5 Intensity of Rivalry

5.6 Value Chain/Supply Chain Analysis

6 Global Automotive Electronic Expansion ValveMarket, byType

6.1 Introduction

6.2 Electromagnetic

6.2.1 Market Estimates & Forecast, 2021–2027

6.2.2 Market Estimates & Forecast, by Region, 2021–2027

6.3 Electric

6.3.1 Market Estimates & Forecast, 2021–2027

6.3.2 Market Estimates & Forecast, by Region, 2021–2027

7 Global Automotive Electronic Expansion Valve Market, by Application

7.1 Introduction

7.2 Commercial Vehicle

7.2.1 Market Estimates & Forecast, 2021–2027

7.2.2 Market Estimates & Forecast, by Region, 2021–2027

7.3 Passenger Car

7.3.1 Market Estimates & Forecast, 2021–2027

7.3.2 Market Estimates & Forecast, by Region, 2021–2027

8 Global Automotive Electronic Expansion ValveMarket, by Region

8.1 Introduction

8.2 North America

8.2.1 Market Estimates & Forecast, by Type, 2021–2027

8.2.2 Market Estimates & Forecast, by Application, 2021–2027

8.2.3 Market Estimates & Forecast, by Country, 2021–2027

8.2.4 US

8.2.4.1 Market Estimates & Forecast, by Type, 2021–2027

8.2.4.2 Market Estimates & Forecast, by Application, 2021–2027

8.2.5 Canada

8.2.5.1 Market Estimates & Forecast, by Type, 2021–2027

8.2.5.2 Market Estimates & Forecast, by Application, 2021–2027

8.2.6 Mexico

8.2.6.1 Market Estimates & Forecast, by Type, 2021–2027

8.2.6.2 Market Estimates & Forecast, by Application, 2021–2027

8.3 Europe

8.3.1 Market Estimates & Forecast, by Type, 2021–2027

8.3.2 Market Estimates & Forecast, by Application, 2021–2027

8.3.3 Market Estimates & Forecast, by Country, 2021–2027

8.3.4 Germany

8.3.4.1 Market Estimates & Forecast, by Type, 2021–2027

8.3.4.2 Market Estimates & Forecast, by Application, 2021–2027

8.3.5 UK

8.3.5.1 Market Estimates & Forecast, by Type, 2021–2027

8.3.5.2 Market Estimates & Forecast, by Application, 2021–2027

8.3.6 Russia

8.3.6.1 Market Estimates & Forecast, by Type, 2021–2027

8.3.6.2 Market Estimates & Forecast, by Application, 2021–2027

8.3.7 Italy

8.3.7.1 Market Estimates & Forecast, by Type, 2021–2027

8.3.7.2 Market Estimates & Forecast, by Application, 2021–2027

8.3.8 Spain

8.3.8.1 Market Estimates & Forecast, by Type, 2021–2027

8.3.8.2 Market Estimates & Forecast, by Application, 2021–2027

8.3.9 Rest of Europe

8.3.9.1 Market Estimates & Forecast, by Type, 2021–2027

8.3.9.2 Market Estimates & Forecast, by Application, 2021–2027

8.4 Asia-Pacific

8.4.1 Market Estimates & Forecast, by Type, 2021–2027

8.4.2 Market Estimates & Forecast, by Application, 2021–2027

8.4.3 Market Estimates & Forecast, by Country, 2021–2027

8.4.4 China

8.4.4.1 Market Estimates & Forecast, by Type, 2021–2027

8.4.4.2 Market Estimates & Forecast, by Application, 2021–2027

8.4.5 Japan

8.4.5.1 Market Estimates & Forecast, by Type, 2021–2027

8.4.5.2 Market Estimates & Forecast, by Application, 2021–2027

8.4.6 India

8.4.6.1 Market Estimates & Forecast, by Type, 2021–2027

8.4.6.2 Market Estimates & Forecast, by Application, 2021–2027

8.4.7 South Korea

8.4.7.1 Market Estimates & Forecast, by Type, 2021–2027

8.4.7.2 Market Estimates & Forecast, by Application, 2021–2027

8.4.8 Rest of Asia-Pacific

8.4.8.1 Market Estimates & Forecast, by Type, 2021–2027

8.4.8.2 Market Estimates & Forecast, by Application, 2021–2027

8.5 Middle East& Africa

8.5.1.1 Market Estimates & Forecast, by Type, 2021–2027

8.5.1.2 Market Estimates & Forecast, by Application, 2021–2027

8.5.1.3 Market Estimates & Forecast, by Country, 2021–2027

8.5.2 Saudi Arabia

8.5.2.1 Market Estimates & Forecast, by Type, 2021–2027

8.5.2.2 Market Estimates & Forecast, by Application, 2021–2027

8.5.3 UAE

8.5.3.1 Market Estimates & Forecast, by Type, 2021–2027

8.5.3.2 Market Estimates & Forecast, by Application, 2021–2027

8.5.4 South Africa

8.5.4.1 Market Estimates & Forecast, by Type, 2021–2027

8.5.4.2 Market Estimates & Forecast, by Application, 2021–2027

8.5.5 Rest of Middle East& Africa

8.5.5.1 Market Estimates & Forecast, by Type, 2021–2027

8.5.5.2 Market Estimates & Forecast, by Application, 2021–2027

8.6 South America

8.6.1 Market Estimates & Forecast, by Type, 2021–2027

8.6.2 Market Estimates & Forecast, by Application, 2021–2027

8.6.3 Market Estimates & Forecast, by Country, 2021–2027

8.6.4 Argentina

8.6.4.1 Market Estimates & Forecast, by Type, 2021–2027

8.6.4.2 Market Estimates & Forecast, by Application, 2021–2027

8.6.5 Brazil

8.6.5.1 Market Estimates & Forecast, by Type, 2021–2027

8.6.5.2 Market Estimates & Forecast, by Application, 2021–2027

8.6.6 Rest of South America

8.6.6.1 Market Estimates & Forecast, by Type, 2021–2027

8.6.6.2 Market Estimates & Forecast, by Application, 2021–2027

9 Competitive Landscape

9.1 Competitive Scenario

9.2 Competitive Benchmarking of the Global Automotive Electronic Expansion ValveMarket

9.3 Major Growth Key Strategiesin the Global Automotive Electronic Expansion ValveMarket

9.4 Market Share Analysis: Global Automotive Electronic Expansion ValveMarket

9.5 XX: The Leading Player in Terms of the Number of Developments in the Global Automotive Electronic Expansion ValveMarket

9.6 Product Launch/ Development in the GlobalAutomotive Electronic Expansion ValveMarket

9.7 Mergers and Acquisitions in the GlobalAutomotive Electronic Expansion ValveMarket

9.8 Contracts and Agreements in the GlobalAutomotive Electronic Expansion ValveMarket

9.9 Expansions/Investments in the GlobalAutomotive Electronic Expansion ValveMarket

10 Company Profile

10.1 Fujikoki

10.1.1 Company Overview

10.1.2 Products/Services Offered

10.1.3 Financial Overview

10.1.4 Key Developments

10.1.5 Key Strategies

10.1.6 SWOT Analysis

10.2 SANHUA

10.2.1 Company Overview

10.2.2 Products/Services Offered

10.2.3 Financial Overview

10.2.4 Key Developments

10.2.5 Key Strategies

10.2.6 SWOT Analysis

10.3 DunAn

10.3.1 Company Overview

10.3.2 Products/Services Offered

10.3.3 Financial Overview

10.3.4 Key Developments

10.3.5 Key Strategies

10.3.6 SWOT Analysis

10.4 Saginomiya

10.4.1 Company Overview

10.4.2 Products/Services Offered

10.4.3 Financial Overview

10.4.4 Key Developments

10.4.5 Key Strategies

10.4.6 SWOT Analysis

10.5 Parker

10.5.1 Company Overview

10.5.2 Products/Services Offered

10.5.3 Financial Overview

10.5.4 Key Developments

10.5.5 Key Strategies

10.5.6 SWOT Analysis

10.6 Emerson

10.6.1 Company Overview

10.6.2 Products/Services Offered

10.6.3 Financial Overview

10.6.4 Key Developments

10.6.5 Key Strategies

10.6.6 SWOT Analysis

10.7 Castel

10.7.1 Company Overview

10.7.2 Products/Services Offered

10.7.3 Financial Overview

10.7.4 Key Developments

10.7.5 Key Strategies

10.7.6 SWOT Analysis

10.8 CAREL INDUSTRIES

10.8.1 Company Overview

10.8.2 Products/Services Offered

10.8.3 Financial Overview

10.8.4 Key Developments

10.8.5 Key Strategies

10.8.6 SWOT Analysis

10.9 VOLGA

10.9.1 Company Overview

10.9.2 Products/Services Offered

10.9.3 Financial Overview

10.9.4 Key Developments

10.9.5 Key Strategies

10.9.6 SWOT Analysis

10.10 Danfoss Group

10.10.1 Company Overview

10.10.2 Products/Services Offered

10.10.3 Financial Overview

10.10.4 Key Developments

10.10.5 Key Strategies

10.10.6 SWOT Analysis

 

List of Tables

Table 1 Global Automotive Electronic Expansion Valve Market, by Region, 2021–2027 (USD Million)

Table 2 North America Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 3 Europe Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 4 Asia-Pacific Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 5 Middle East & Africa Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 6 South America Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 7 Global Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 8 North America Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 9 Europe Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 10 Asia-Pacific Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 11 Middle East & Africa Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 12 South America Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 13 Global Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 14 North America Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 15 Europe Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 16 Asia-Pacific Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 17 Middle East & Africa Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 18 South America Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 25 Global Automotive Electronic Expansion Valve Market: by Region, 2021–2027 (USD Million)

Table 26 North America Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 27 North America Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 28 North America Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 30 US Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 31 US Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 33 Canada Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 34 Canada Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 36 Mexico Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 37 Mexico Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 39 Europe Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 40 Europe Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 41 Europe Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 43 Germany Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 44 Germany Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 46 UK Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 47 UK Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 49 Russia Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 50 Russia Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 52 Italy Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 53 Italy Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 55 Spain Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 56 Spain Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 58 Rest of Europe Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 59 Rest of Europe Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 61 Asia-Pacific Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 62 Asia-Pacific Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 63 Asia-Pacific Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 65 China Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 66 China Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 68 Japan Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 69 Japan Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 71 India Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 72 India Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 74 South Korea Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million

Table 75 South Korea Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 77 Rest of Asia-Pacific Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 78 Rest of Asia-Pacific Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 80 Middle East & Africa Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 81 Middle East & Africa Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 82 Middle East & Africa Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 84 Saudi Arabia Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 85 Saudi Arabia Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 87 UAE Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 88 UAE Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 90 South Africa Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 91 South Africa Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 93 Rest of the Middle East & Africa Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 94 Rest of the Middle East & Africa Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 96 South America Automotive Electronic Expansion Valve Market, by Country, 2021–2027 (USD Million)

Table 97 South America Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 98 South America Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 100 Brazil Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 101 Brazil Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 103 Argentina Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 104 Argentina Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

Table 106 Rest of South America Automotive Electronic Expansion Valve Market, by Type, 2021–2027 (USD Million)

Table 107 Rest of South America Automotive Electronic Expansion Valve Market, by Application, 2021–2027 (USD Million)

List of Figures

Figure 1 Research Process of MRFR

Figure 2 Top-Down and Bottom-Up Approach

Figure 3 Market Dynamics

Figure 4 Impact Analysis: Market Drivers

Figure 5 Impact Analysis: Market Restraints

Figure 6 Porter’s Five Forces Analysis

Figure 7 Value Chain Analysis

Figure 8 Global Automotive Electronic Expansion ValveMarket Share, by Type, 2019 (%)

Figure 9 Global Automotive Electronic Expansion Valve Market Share, by Application, 2019 (%)

Figure 10 Global Automotive Electronic Expansion ValveMarket, by Type, 2021–2027 (USD Million)

Figure 13 North America Automotive Electronic Expansion ValveMarket Share (%), 2019

Figure 14 North America Automotive Electronic Expansion ValveMarket, by Country, 2021–2027 (USD Million)

Figure 15 Europe Automotive Electronic Expansion ValveMarket Share (%), 2019

Figure 16 Europe Automotive Electronic Expansion ValveMarket, by Country, 2021–2027 (USD Million)

Figure 17 Asia-Pacific Automotive Electronic Expansion ValveMarket Share (%), 2019

Figure 18 Asia-Pacific Automotive Electronic Expansion ValveMarket, by Country, 2021–2027 (USD Million)

Figure 19 Middle East & Africa Automotive Electronic Expansion ValveMarket Share (%), 2019

Figure 20 Middle East & Africa Automotive Electronic Expansion ValveMarket, byCountry, 2021–2027 (USD Million)

Figure 21 South AmericaAutomotive Electronic Expansion ValveMarket Share (%), 2019

Figure 22 South AmericaAutomotive Electronic Expansion ValveMarket, by Country, 2021–2027 (USD Million)

Automotive electronic expansion valves Market

The automotive electronic expansion valve market is expected to growth ~6% CAGR during the forecast period.

Segmentation

By Type Electromagnetic Electric
By Application Commercial Vehicle Passenger Car

Key Players

  • Fujikoki
  • SANHUA
  • DunAn
  • Saginomiya
  • Parker
  • Emerson
  • Castel
  • CAREL INDUSTRIES
  • VOLGA
  • Danfoss Group

Drivers

  • Temperature control quality
  • Flexible arrangement
  • The rising demand for silent
  • compact
  • Independent engine cooling systems
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The  automotive electronic expansion valve market is expected to growat ~6% CAGR during the forecast period.


Automotive electronic expansion valves Market Overview 


In heavy vehicles, an automobile electronic expansion valve is commonly employed as a cooling system. These cooling systems are used in a variety of applications, ranging from passenger cars to heavy and light commercial vehicles market. Regardless of the speed of the combustion engine, the automobile electronic expansion valve maintains the appropriate temperature for combustion engines. During the forecast period, the automotive electronic expansion valve market is expected to grow due to rising demand for silent, compact, and independent engine cooling systems, as well as various benefits such as ideal temperature control quality, flexible arrangement, reliability, low hysteresis, noise reduction, and compliance with exhaust emission norms.


The main drivers of the worldwide automotive electronic expansion valve market are technological advancements targeted at lowering carbon dioxide (CO2) emissions and quick engine production improvements. Furthermore, governments' efforts to minimize emissions are boosting the demand for vehicle electronic expansion valves. Electronic expansion valves in automobiles not only improve performance but also cut energy consumption. Precision control and a larger component load fluctuation than thermal expansion valves are some of the advantages of these valves. The electronic ON/OFF valve is a solenoid valve that may be operated electronically and serves as an expansion valve as well as a solenoid valve.


The major factors driving the growth of the global automotive electronic expansion valve market are the technological developments aimed at reducing carbon dioxide (CO2) emissionsandrapid innovations in engine manufacturing. Moreover, the focus of governments to reduce emissionsis further fueling the growth of the automotive electronic expansion valve market. However, thehigh initial & maintenance costs and the increased adoption of electric vehicles across the globearethefactors that are expected to hamper the growth of the global automotive electronic expansion valve market.


Automotive electronic expansion valves also offer various benefits, such as maintaining ideal temperatures and reducing CO2 emissions. With stringent rules and regulations by the government to reduce CO2 emissions to protect the environment, these systems have become the best alternative to be used since they reduce CO2 emissions. These benefits also act as drivers to the market and propel the demand for these valves. There are technological advancements that have enhanced these electronic expansion valves,causing an improvement in their demand.Several automotive OEMs are incorporating advanced technologies such as electromagnetic electronic expansion valves. Additionally, the shift from thermal to electronic valves, which is the costliest and most important component of a vehicle, is positively impacting the automotive electronic expansion valve market.


Automotive electronic expansion valves Market Key Players


The key players operating in theglobal automotive electronic expansion valve market are Fujikoki, SANHUA, DunAn, Saginomiya, Parker, Emerson, Castel, CAREL INDUSTRIES, VOLGA, and Danfoss Group.


Industry News



  • Danfoss, a pioneer in electronic expansion valves, has announced the addition of a new complete range of components to assist OEMs in developing new R32-based air conditioning systems. Colibri electronic expansion valves, TGE, TR6 expansion valves, and MCHE modified for R32 are all part of the range.

  • The EGELHOF Group's electronic expansion valve (EXV) is used in vehicle air conditioning systems with multiple evaporators in the front, rear, or roof air conditioning systems, in conjunction with fixed or variable stroke compressors, where the refrigerant flow to the individual air conditioning systems must be completely shut off.


Automotive electronic expansion valves Market Segmentation


The global automotive electronic expansion valve market has been segmented based ontype, application,and region.Based ontype, the globalmarket is divided intoelectromagnetic electronic expansion valve and electric electronic expansion valve.The electromagnetic electronic expansion valvesegment is likely to hold the largershare of the market.The electromagnetic electronic expansion valve segment is expected to grow at thefaster rate during the forecast periodas it is programmed to measure differences in pressure and temperature at any given point across the vehicle.


Based on application, the global market is divided into commercial vehicle and passenger car. The commercial vehicle segment is expected to hold the larger share of the market share and it is expected to grow at the faster rate during the forecast period.


Automotive Electronic Expansion Valve Market


The global automotive electronic expansion valve industry is expected to witness high growth during the forecast perioddue tothe government regulations to reduce the emission of harmful gases, the high need for automotive electronic expansion valves, and growing demand for compact, silent, and independent engine cooling system. In many industrialized nations, there are legislations and directives governing the emission of pollutants such as carbon monoxide and dioxides, sulfur, and nitrogen oxide from diesel engines. For instance, governments in Asia-Pacific are actively promoting environment-friendly vehicles in their respective countries since the Climate Change agreement in Paris. Additionally, the U.S. Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration (NHTSA) jointly published the second phase of greenhouse gas (GHG) emissions and fuel efficiency standards for medium- and heavy-duty vehicles and engines through the model year 2027. Therefore, the government regulations to reduce the emission of harmful gasesare expected to create a demand for automotive electronic expansion valves during the forecast period.


The sales of HCVs are anticipated to be driven by the increased preference for transportation of freight across roadways, which is expected to have a notable influenceon boosting the growth of theautomotive electronic expansion valve market. Apart from this,in order to reduce the vehicle's operating costs, automakers are focused on raising fuel efficiency. Improving the engine's fuel economy drives the adoption of the automotive electronic expansion valve or vehicle engine expansion parts, which is also one of the keyfactors boosting the growth of the global automotive electronic expansion valve market.


During the operation, the internal combustion engine dissipates a large amount of energy in the form of heat, and due to this, only 30% of the input energy is converted to mechanical energy. Thus, the quest for reduced energy loss and emission from vehicles is posing a strong impact on the demand for sustainable automotive components, including technologically advanced automotive electronic expansion valves. In addition, the newly introduced temperature-activated, electronically controlledexpansion valve offers fine control and reduces emissions during times of low cooling demand. Therefore, the growing need forelectronically controlled expansion valves will drive the growth of the automotive electronic expansion valve market. For instance, Danfoss, a pioneer in electronic expansion valve products, announced that it added a new complete range of components to help OEMs develop new air conditioning systems incorporating R32. The range comprises the Colibri electronic expansion valves, TGE, TR6 expansion valves, and MCHE adapted for R32. Furthermore, the electronic expansion valve (EXV) provided by EGELHOF Group is used in vehicle air conditioning systems with multiple evaporators in front, rear, or roof air conditioning systems in conjunction with compressors with fixed or variable stroke, where the refrigerant flow to the individual air conditioning systems is to be completely shut off.Such trends are likely to significantly drive the growth of the automotive electronic expansion valve market.Additionally,this EXV is a control valve driven by a geared motor for use in A/C systems for the chemical refrigerants R134a and R1234yf. It is increasingly used in electric vehicles equipped with heat pumps. In addition to serving as an expansion valve, it can also be used as a shut-off valve.


Based on region, the global automotive electronic expansion valve market is segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. Asia-Pacific accounts for a considerable share of the automotive electronic expansion valve market. The rapid rise in per capita income in various developing countries in the region is driving several industries in the region. This, in turn, is expected to boost the automotive electronic expansion valve market during the forecast period.Moreover, the region is home to technologically advanced markets for vehicles such as South Korea and Japan, along with developing countries such as China and India. The growing demand for passenger carsdue to changing lifestyles is propelling the growth of the automotive electronic expansion valve market in the region.


At the beginning of 2020, COVID-19 began to spread around the world, millions of people worldwide were infected with the disease, and major countries around the world implemented foot prohibitions and work stoppage orders. Except for medical supplies and life support product manufacturers, most industries were greatly impacted.Automotive electronic expansion valve industries have also been greatly affected.Disruption in the supply chain due to COVID-19 has significantly affected the automotive electronic expansion valve market. Government-imposed lockdowns havehampered the growth of the automotive electronic expansion valve market due to halted manufacturing processes across the globe and the unavailability of skilled labor due to social distancing regulations.


Intended Audience



  • Government and Research Organization

  • Consulting Companies in the Automotive Electronic Expansion Valve market

  • Raw Material Suppliers

  • Research Consultants

  • Investors and Shareholders

  • Automotive Heat Exchanger Systems Manufacturers and Suppliers

  • Engine Manufacturers/Suppliers

  • Technology Providers

  • Radiator Manufacturers for Automobiles

  • Traders, Distributors, and Suppliers of Components for Engine Cooling System



Report Scope:
Report Attribute/Metric Details
  Market Size   2030: Significant Value
  CAGR   6% CAGR : 2022-2030
  Base Year   2021
  Forecast Period   2022-2030
  Historical Data   2019Β &Β 2020
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   by Type, Application
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Fujikoki, SANHUA, DunAn, Saginomiya, Parker, Emerson, Castel, CAREL INDUSTRIES, VOLGA, and Danfoss Group
  Key Market Opportunities

  • Temperature control quality
  • Flexible arrangement
  •   Key Market Drivers

  • The rising demand for silent, compact\r\n
  • Independent engine cooling systems


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    Frequently Asked Questions (FAQ) :

    Automotive Electronic Expansion Valve market is predicted to grow at 6% through forecast period of 2023-2030.

    The forecast period for Automotive Electronic Expansion Valve market research report is 2020-2027.

    Global Automotive Electronic Expansion Valve market is dominated by APAC Region.