Global Electronic Expansion Valve for New Energy Passenger Vehicles Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global Electronic Expansion Valve for New Energy Passenger Vehicles market size was valued at US$ 519 million in 2024 and is forecast to a readjusted size of USD 2056 million by 2031 with a CAGR of 22.0% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
The electronic expansion valve is composed of a controller, an actuator and a sensor. Since the temperature sensing part of the electronic expansion valve is a thermocouple or thermal resistance, it can accurately reflect the change of superheat at low temperature and provide more accurate flow adjustment. At the same time, the electronic expansion valve has a large flow control range, sensitive response, and rapid action. The fine adjustment makes up for the shortcomings that the capillary tube and the thermal expansion valve cannot be adjusted, and is more suitable for the electronic and thermal management control of electric vehicles. This report studies the Electronic expansion valve for new energy passenger Vehicles.
China is the fastest growing region, benefiting from the support of national policies, China's new energy automobile enterprises invest heavily in production. At present, China's new energy vehicles account for about 60% of global production. In 2023, China's electronic expansion valves for Electric Vehicles accounted for 57.69% of the global revenue market share. The United States is the second largest demand country in the world, second only to China. Tesla, with Model 3 and Model Y as its main models, has a large demand for electronic expansion valves every year. At present, Tesla has begun to lay out in Europe and Asia Pacific. In the future, China, the United States and Germany will be the main demand countries for electronic expansion valves for electric vehicles.
This report is a detailed and comprehensive analysis for global Electronic Expansion Valve for New Energy Passenger Vehicles market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electronic Expansion Valve for New Energy Passenger Vehicles market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Electronic Expansion Valve for New Energy Passenger Vehicles market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Electronic Expansion Valve for New Energy Passenger Vehicles market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Electronic Expansion Valve for New Energy Passenger Vehicles market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electronic Expansion Valve for New Energy Passenger Vehicles
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electronic Expansion Valve for New Energy Passenger Vehicles market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zhejiang Sanhua Automotive Components, TGK, Zhejiang Dun’an Artificial Environment, HANON, Egelhof, Fujikoki, Schrader Pacific Advanced Valves (Pacific Industrial), XINJING, Hilite International, Ningbo Tuopu, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electronic Expansion Valve for New Energy Passenger Vehicles market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
EXV for Air Conditioning Thermal Management
EXV for Battery Thermal Management
Market segment by Application
BEV
HEV and PHEV
Major players covered
Zhejiang Sanhua Automotive Components
TGK
Zhejiang Dun’an Artificial Environment
HANON
Egelhof
Fujikoki
Schrader Pacific Advanced Valves (Pacific Industrial)
XINJING
Hilite International
Ningbo Tuopu
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electronic Expansion Valve for New Energy Passenger Vehicles product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electronic Expansion Valve for New Energy Passenger Vehicles, with price, sales quantity, revenue, and global market share of Electronic Expansion Valve for New Energy Passenger Vehicles from 2020 to 2025.
Chapter 3, the Electronic Expansion Valve for New Energy Passenger Vehicles competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electronic Expansion Valve for New Energy Passenger Vehicles breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Electronic Expansion Valve for New Energy Passenger Vehicles market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electronic Expansion Valve for New Energy Passenger Vehicles.
Chapter 14 and 15, to describe Electronic Expansion Valve for New Energy Passenger Vehicles sales channel, distributors, customers, research findings and conclusion.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
The electronic expansion valve is composed of a controller, an actuator and a sensor. Since the temperature sensing part of the electronic expansion valve is a thermocouple or thermal resistance, it can accurately reflect the change of superheat at low temperature and provide more accurate flow adjustment. At the same time, the electronic expansion valve has a large flow control range, sensitive response, and rapid action. The fine adjustment makes up for the shortcomings that the capillary tube and the thermal expansion valve cannot be adjusted, and is more suitable for the electronic and thermal management control of electric vehicles. This report studies the Electronic expansion valve for new energy passenger Vehicles.
China is the fastest growing region, benefiting from the support of national policies, China's new energy automobile enterprises invest heavily in production. At present, China's new energy vehicles account for about 60% of global production. In 2023, China's electronic expansion valves for Electric Vehicles accounted for 57.69% of the global revenue market share. The United States is the second largest demand country in the world, second only to China. Tesla, with Model 3 and Model Y as its main models, has a large demand for electronic expansion valves every year. At present, Tesla has begun to lay out in Europe and Asia Pacific. In the future, China, the United States and Germany will be the main demand countries for electronic expansion valves for electric vehicles.
This report is a detailed and comprehensive analysis for global Electronic Expansion Valve for New Energy Passenger Vehicles market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Electronic Expansion Valve for New Energy Passenger Vehicles market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Electronic Expansion Valve for New Energy Passenger Vehicles market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Electronic Expansion Valve for New Energy Passenger Vehicles market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Electronic Expansion Valve for New Energy Passenger Vehicles market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Electronic Expansion Valve for New Energy Passenger Vehicles
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Electronic Expansion Valve for New Energy Passenger Vehicles market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zhejiang Sanhua Automotive Components, TGK, Zhejiang Dun’an Artificial Environment, HANON, Egelhof, Fujikoki, Schrader Pacific Advanced Valves (Pacific Industrial), XINJING, Hilite International, Ningbo Tuopu, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Electronic Expansion Valve for New Energy Passenger Vehicles market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
EXV for Air Conditioning Thermal Management
EXV for Battery Thermal Management
Market segment by Application
BEV
HEV and PHEV
Major players covered
Zhejiang Sanhua Automotive Components
TGK
Zhejiang Dun’an Artificial Environment
HANON
Egelhof
Fujikoki
Schrader Pacific Advanced Valves (Pacific Industrial)
XINJING
Hilite International
Ningbo Tuopu
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Electronic Expansion Valve for New Energy Passenger Vehicles product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electronic Expansion Valve for New Energy Passenger Vehicles, with price, sales quantity, revenue, and global market share of Electronic Expansion Valve for New Energy Passenger Vehicles from 2020 to 2025.
Chapter 3, the Electronic Expansion Valve for New Energy Passenger Vehicles competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electronic Expansion Valve for New Energy Passenger Vehicles breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Electronic Expansion Valve for New Energy Passenger Vehicles market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electronic Expansion Valve for New Energy Passenger Vehicles.
Chapter 14 and 15, to describe Electronic Expansion Valve for New Energy Passenger Vehicles sales channel, distributors, customers, research findings and conclusion.
Table of Contents
104 Pages
- 1 Market Overview
- 2 Manufacturers Profiles
- 3 Competitive Environment: Electronic Expansion Valve for New Energy Passenger Vehicles by Manufacturer
- 4 Consumption Analysis by Region
- 5 Market Segment by Type
- 6 Market Segment by Application
- 7 North America
- 8 Europe
- 9 Asia-Pacific
- 10 South America
- 11 Middle East & Africa
- 12 Market Dynamics
- 13 Raw Material and Industry Chain
- 14 Shipments by Distribution Channel
- 15 Research Findings and Conclusion
- 16 Appendix
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