Global Electronic Expansion Valve for Hybrid Electric Vehicles Market Growth 2025-2031

The global Electronic Expansion Valve for Hybrid Electric Vehicles market size is predicted to grow from US$ 159 million in 2025 to US$ 573 million in 2031; it is expected to grow at a CAGR of 23.9% from 2025 to 2031.

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.

Drivers: In recent years, the worlds major auto powers have strengthened their strategic planning and policy support, and multinational auto companies have increased investment in R&D and improved their industrial layout. New energy vehicles have become the main direction for the transformation and development of the global auto industry and an important engine for the sustained growth of the world economy.

Advancements in EV Technology: As electric vehicles continue to evolve, theres a constant push for technological advancements to enhance various vehicle components. EEVs represent a more sophisticated and precise technology compared to traditional valves, aligning with the tech advancements in EVs.

Efficiency and Performance Optimization: EEVs help regulate the flow of refrigerant in the vehicles air conditioning system more precisely compared to traditional mechanical expansion valves. This precise control enhances the systems efficiency and overall performance.

Restrictions: High Initial Costs: Implementing EEVs involves higher initial costs compared to traditional mechanical valves. This cost factor could slow down their adoption, especially for manufacturers aiming to keep the production costs of EVs competitive.

Limited Market Penetration: As a relatively newer technology in the automotive sector, the penetration of EEVs might be slow due to inertia in adopting advanced systems. Established technologies often have a stronghold, making it challenging for newer technologies to gain widespread acceptance.

Reliability and Durability Concerns: EEVs need to demonstrate high reliability and durability, meeting automotive-grade standards for robustness, endurance, and resilience to various environmental conditions. Any doubts regarding their longevity could limit their acceptance.

LP Information, Inc. (LPI) ' newest research report, the “Electronic Expansion Valve for Hybrid Electric Vehicles Industry Forecast” looks at past sales and reviews total world Electronic Expansion Valve for Hybrid Electric Vehicles sales in 2024, providing a comprehensive analysis by region and market sector of projected Electronic Expansion Valve for Hybrid Electric Vehicles sales for 2025 through 2031. With Electronic Expansion Valve for Hybrid Electric Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electronic Expansion Valve for Hybrid Electric Vehicles industry.

This Insight Report provides a comprehensive analysis of the global Electronic Expansion Valve for Hybrid Electric Vehicles landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electronic Expansion Valve for Hybrid Electric Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electronic Expansion Valve for Hybrid Electric Vehicles market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electronic Expansion Valve for Hybrid Electric Vehicles and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electronic Expansion Valve for Hybrid Electric Vehicles.

This report presents a comprehensive overview, market shares, and growth opportunities of Electronic Expansion Valve for Hybrid Electric Vehicles market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
LIN Control
PWM Control

Segmentation by Application:
Air Conditioning Thermal Management Systems
Battery Thermal Management Systems

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Zhejiang Sanhua Automotive Components
TGK
Zhejiang Dun’an Artificial Environment
HANON
Egelhof
Fujikoki
Schrader Pacific Advanced Valves (Pacific Industrial)
XINJING
Hilite International
Ningbo Tuopu

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electronic Expansion Valve for Hybrid Electric Vehicles market?

What factors are driving Electronic Expansion Valve for Hybrid Electric Vehicles market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electronic Expansion Valve for Hybrid Electric Vehicles market opportunities vary by end market size?

How does Electronic Expansion Valve for Hybrid Electric Vehicles break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.