Electric Vehicle Electronic Expansion Valve (EXV) market was valued at US$ 141 million in 2022 and is anticipated to reach US$ 737.2 million by 2029, witnessing a CAGR of 25.6% - Valuates reports

Electric Vehicle Electronic Expansion Valve (EXV) market was valued at US$ 141 million in 2022 and is anticipated to reach US$ 737.2 million by 2029, witnessing a CAGR of 25.6% during the forecast period 2023-2029.

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The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The global top five electric vehicle electronic expansion valve (EXV) manufacturers include Zhejiang Sanhua Automotive Components, TGK, Zhejiang Dun'an Artificial Environment, HANON, Fujikoki, with a total market share of more than 98% , the largest producer of which is Zhejiang Sanhua Automotive Components, with a market share of over 65%. The Asia-Pacific region is the global most important consumer market for EXV, with a market share of more than 40%. In terms of type, the market share of EXV for battery thermal management is about 60%. In the application field, the market share of BEV is about 60%.
This report aims to provide a comprehensive presentation of the global market for Electric Vehicle Electronic Expansion Valve (EXV), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Electric Vehicle Electronic Expansion Valve (EXV).
The Electric Vehicle Electronic Expansion Valve (EXV) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Electric Vehicle Electronic Expansion Valve (EXV) market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Vehicle Electronic Expansion Valve (EXV) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

Segment by Type
EXV for Air Conditioning Thermal Management
EXV for Battery Thermal Management

Segment by Application
BEV
HEV and PHEV

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