Press release
Electronic Expansion Valves Market Outlook 2026-2036: Key Developments and Future Scope
Electronic Expansion Valves Market
According to Future Market Insights (FMI), the market is valued at USD 886.5 million in 2025 and is projected to reach USD 1,986 million by 2035, expanding at a compound annual growth rate (CAGR) of 8.4%.
The FMI report, "Electronic Expansion Valves Market | Global Market Analysis Report - 2035," indicates global revenues will grow by USD 1,099.5 million over the decade, driven by the need for precise refrigerant control, IoT integration, and compliance with stringent energy efficiency regulations.
A Decade of Growth Anchored by Energy Efficiency and Smart Controls:
The shift toward advanced electronic valves offering superior precision and 15-30% energy savings over traditional thermostatic alternatives is transforming HVAC and refrigeration landscapes. Between 2025 and 2030, the market will expand by USD 463.7 million, led by HVAC modernization and industrial cooling upgrades.
Between 2030 and 2035, FMI forecasts an additional USD 635.8 million in growth, reflecting deeper adoption of AI-driven predictive analytics, automated adjustments, and low-GWP refrigerant compatibility.
"Electronic expansion valves are enabling a new era of intelligent cooling systems," said an FMI research analyst. "With IoT connectivity and advanced algorithms, these components deliver unmatched efficiency, reliability, and environmental performance."
Electronic Expansion Valves Key Market Insights at a Glance:
- Metric → Global Estimate
- Market Value (2025) → USD 886.5 million
- Forecast Value (2035) → USD 1,986 million
- CAGR → 8.4%
- Top Valve Type → Electric Expansion Valves (70.0% share)
- Dominant Capacity → 30 to 50 bar (35.0% share)
- Fastest-Growing End User → Industrial Facilities (9.0% CAGR)
The Fastest-Growing Electronic Expansion Valves Markets:
Emerging economies are accelerating global momentum, with China projected to grow at a 9.2% CAGR through 2035, driven by rapid industrialization and HVAC expansion. India follows closely at 8.8% CAGR, supported by urbanization, energy-efficient building codes, and cold chain infrastructure development.
These high-growth markets underscore the shift toward precision cooling in manufacturing, data centers, and commercial facilities across Asia.
Electronic Expansion Valves Five Forces Driving Market Expansion:
- Energy Efficiency Gains - Electronic valves deliver 15-30% better performance than legacy systems, aligning with global sustainability mandates.
- IoT and Smart Integration - Connected controls enable real-time monitoring, predictive maintenance, and optimized refrigerant flow.
- Industrial Automation Surge - Rising investments in cooling optimization for food processing, pharmaceuticals, and logistics.
- Regulatory Compliance - Stricter standards on energy use and low-GWP refrigerants accelerate adoption.
- Urbanization in Emerging Regions - Rapid infrastructure growth in Asia boosts demand for advanced HVAC and refrigeration.
Electronic Expansion Valves Market Segment Overview:
By Valve Type: Electric expansion valves dominate with 70.0% share in 2025, expanding at 8.6% CAGR due to superior precision and compatibility.
By Capacity: The 30 to 50 bar segment leads with 35.0% share, serving mainstream commercial and industrial applications.
By Application: Air conditioning commands primary demand, followed by refrigeration in cold storage and industrial processes.
By End User: Industrial facilities lead growth at 9.0% CAGR, projected to reach over USD 1,742.9 million by 2035.
Electronic Expansion Valves Market Regional Overview:
East Asia: Fastest regional growth, led by China and supported by manufacturing and data center expansion.
North America: Steady advancement at ~8.4-8.6% CAGR in the U.S. and Canada, focused on smart buildings and energy retrofits.
Western Europe: From USD 235.4 million in 2025 to USD 498.3 million by 2035 (CAGR 7.8%), with Germany holding ~34% regional share.
South Asia Pacific: High momentum in India through infrastructure and cold chain investments.
Middle East & Africa: Emerging demand tied to commercial building and industrial projects.
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Electronic Expansion Valves Market Competitive Landscape:
- Danfoss
- CAREL INDUSTRIES S.p.A.
- Sanhua Europe
- Parker-Hannifin Corporation
- Emerson Electric Co.
- Zhejiang DUNAN Artificial Environment Co.
- Fujikoki Corporation
- Denso Corporation
- Sporlan Valve Company
- TGK Co. Ltd.
The top three players-Danfoss, CAREL INDUSTRIES, and Sanhua Europe-collectively hold 40-45% of global share, competing through innovation in precision control, system integration, and sustainable refrigerant solutions.
Electronic Expansion Valves Market Outlook: Precision Cooling for a Sustainable Future:
Over the next decade, electronic expansion valves will evolve into core components of intelligent, data-driven cooling ecosystems. Advancements in AI analytics, automated calibration, and environmental compliance will redefine system performance.
"As cooling accounts for up to 50% of building energy use, electronic valves represent a critical lever for efficiency and decarbonization," the FMI analyst noted. "Manufacturers prioritizing connectivity, adaptability, and precision will lead the market's next phase of transformation."
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About Future Market Insights (FMI)
Future Market Insights, Inc. (FMI) is an ESOMAR-certified, ISO 9001:2015 market research and consulting organization, trusted by Fortune 500 clients and global enterprises. With operations in the U.S., UK, India, and Dubai, FMI provides data-backed insights and strategic intelligence across 30+ industries and 1200 markets worldwide.
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