Market Overview:
The global electronic expansion valves for new energy automobile market is estimated to grow at a CAGR of XX% and is expected to reach a value of USD XX million by 2030. The market growth can be attributed to the increasing demand for new energy automobiles, especially in the Asia Pacific region. The global electronic expansion valves for new energy automobile market is segmented on the basis of type, application and region. On the basis of type, the market is segmented into EEV for heat pump air conditioner and EEV for battery thermal management system. The EEV for heat pump air conditioner segment dominates the global electronic expansion valves for new energy automobile market owing to its high adoption in passenger cars. On the basis of application, the market is divided into battery electric vehicle (BEV) and plug-in hybrid electric vehicle (PHEV). The BEV segment accounts for a larger share of this market due to rising demand from countries such as China and Japan.
Product Definition:
An electronic expansion valve (EEV) is a component of many refrigeration and air conditioning systems. It is used to control the amount of refrigerant entering the system. An EEV can be used to adjust the capacity or cooling power of an air conditioning system, which can save energy by reducing compressor run time.
EEV for Heat Pump Air Conditioner:
The EEV for HEAT PUMP air conditioner is a device that extracts heat from the automobile engine block and dissipates it to the air via an impeller. It's primary function is to remove heat which is generated during cold start-up procedures. The extracted heat helps in charging the battery, warming up the cabin temperature and increases fuel efficiency by reducing idling time of engines.
EEV for Battery Thermal Management System:
The EEV for BEAS market is a thermal management system that helps in controlling the temperature of battery during its operation. It also helps to manage and monitor the heat generated by battery during charging and discharging. The EEV for BEAS has different components such as Battery Management System (BMS), Heating Ventilation System (HVS), Expansion Valve, Thermal Control Box, User Interface Unit, etc.
Application Insights:
The battery electric vehicle segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to increasing production of electric vehicles by major players such as Tesla, Inc., BMW AG, and Mercedes-Benz among others. Furthermore, favorable government policies for promoting the adoption of electric vehicles are also anticipated to contribute significantly towards segment growth.
Electronic expansion valves for new energy automobile are used in various applications including battery thermal management system (TTMS), heat pump air conditioning system (HPAC), and hybrid powertrain control module among others. TTMS is a valve that controls fluid flow between engine coolingant systems & powertrain components such as transmission & Differential Oil Cooler (DOCK).
Regional Analysis:
Asia Pacific is expected to be the largest market for electronic expansion valves over the forecast period. The region accounted for a share of more than 45% in 2017 and is anticipated to witness significant growth over the forecast period owing to increasing sales of electric vehicles across China, Japan, and India. Moreover, favorable government regulations pertaining to tax benefits on EVs are projected to boost regional product demand further.
Europe was valued at USD X million in 2017 and is estimated to expand at a CAGR of XX% from 2018 To 2030 as it has been one of the major markets for new energy automobile since 2010s along with North America and Asia Pacific regions.
Growth Factors:
- Increasing demand for new energy vehicles: The global market for new energy vehicles is expected to grow at a CAGR of more than 14% from 2016 to 2020, according to MarketsandMarkets. This growth is being driven by factors such as increasing environmental concerns, government support, and technological advancements.
- Regulatory mandates for fuel efficiency: Governments around the world are implementing stringent regulations mandating fuel efficiency in order to reduce emissions and save on energy costs. This is driving the adoption of more efficient technologies such as electronic expansion valves in new energy automobiles.
- Advances in automotive electronics: Automotive electronics are becoming increasingly sophisticated, with features such as advanced driver assistance systems (ADAS) and autonomous driving becoming more common. Electronic expansion valves are a key part of these systems, and their adoption will continue to grow along with advances in automotive electronics technology.
Scope Of The Report
Report Attributes
Report Details
Report Title
Electronic Expansion Valves for New Energy Automobile Market Research Report
By Type
EEV for Heat Pump Air Conditioner, EEV for Battery Thermal Management System
By Application
Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle
By Companies
SANHUA, Fujikoki, DunAn, Saginomiya (Danfoss Poland)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Electronic Expansion Valves for New Energy Automobile Market Report Segments:
The global Electronic Expansion Valves for New Energy Automobile market is segmented on the basis of:
Types
EEV for Heat Pump Air Conditioner, EEV for Battery Thermal Management System
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- SANHUA
- Fujikoki
- DunAn
- Saginomiya (Danfoss Poland)
Highlights of The Electronic Expansion Valves for New Energy Automobile Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- EEV for Heat Pump Air Conditioner
- EEV for Battery Thermal Management System
- By Application:
- Battery Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electronic Expansion Valves for New Energy Automobile Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electronic expansion valve is an essential component of a new energy automobile. It allows the engine to run at higher speeds and pressures, which in turn improves fuel efficiency and emissions.
Some of the key players operating in the electronic expansion valves for new energy automobile market are SANHUA, Fujikoki, DunAn, Saginomiya (Danfoss Poland).
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electronic Expansion Valves for New Energy Automobile Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Electronic Expansion Valves for New Energy Automobile Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electronic Expansion Valves for New Energy Automobile Market - Supply Chain
4.5. Global Electronic Expansion Valves for New Energy Automobile Market Forecast
4.5.1. Electronic Expansion Valves for New Energy Automobile Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electronic Expansion Valves for New Energy Automobile Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electronic Expansion Valves for New Energy Automobile Market Absolute $ Opportunity
5. Global Electronic Expansion Valves for New Energy Automobile Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Type
5.3.1. EEV for Heat Pump Air Conditioner
5.3.2. EEV for Battery Thermal Management System
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electronic Expansion Valves for New Energy Automobile Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Application
6.3.1. Battery Electric Vehicle
6.3.2. Plug-in Hybrid Electric Vehicle
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electronic Expansion Valves for New Energy Automobile Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electronic Expansion Valves for New Energy Automobile Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electronic Expansion Valves for New Energy Automobile Demand Share Forecast, 2019-2026
9. North America Electronic Expansion Valves for New Energy Automobile Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Application
9.4.1. Battery Electric Vehicle
9.4.2. Plug-in Hybrid Electric Vehicle
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Type
9.7.1. EEV for Heat Pump Air Conditioner
9.7.2. EEV for Battery Thermal Management System
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electronic Expansion Valves for New Energy Automobile Demand Share Forecast, 2019-2026
10. Latin America Electronic Expansion Valves for New Energy Automobile Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Application
10.4.1. Battery Electric Vehicle
10.4.2. Plug-in Hybrid Electric Vehicle
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Type
10.7.1. EEV for Heat Pump Air Conditioner
10.7.2. EEV for Battery Thermal Management System
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electronic Expansion Valves for New Energy Automobile Demand Share Forecast, 2019-2026
11. Europe Electronic Expansion Valves for New Energy Automobile Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Application
11.4.1. Battery Electric Vehicle
11.4.2. Plug-in Hybrid Electric Vehicle
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Type
11.7.1. EEV for Heat Pump Air Conditioner
11.7.2. EEV for Battery Thermal Management System
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electronic Expansion Valves for New Energy Automobile Demand Share, 2019-2026
12. Asia Pacific Electronic Expansion Valves for New Energy Automobile Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Application
12.4.1. Battery Electric Vehicle
12.4.2. Plug-in Hybrid Electric Vehicle
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Type
12.7.1. EEV for Heat Pump Air Conditioner
12.7.2. EEV for Battery Thermal Management System
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electronic Expansion Valves for New Energy Automobile Demand Share, 2019-2026
13. Middle East & Africa Electronic Expansion Valves for New Energy Automobile Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Application
13.4.1. Battery Electric Vehicle
13.4.2. Plug-in Hybrid Electric Vehicle
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electronic Expansion Valves for New Energy Automobile Market Size and Volume Forecast by Type
13.7.1. EEV for Heat Pump Air Conditioner
13.7.2. EEV for Battery Thermal Management System
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electronic Expansion Valves for New Energy Automobile Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electronic Expansion Valves for New Energy Automobile Market: Market Share Analysis
14.2. Electronic Expansion Valves for New Energy Automobile Distributors and Customers
14.3. Electronic Expansion Valves for New Energy Automobile Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. SANHUA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Fujikoki
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. DunAn
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Saginomiya (Danfoss Poland)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. COMPANY5
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. COMPANY6
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. COMPANY7
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. COMPANY8
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
