The global Electronic Expansion Valves market report presents comprehensive information covering insightful data for businesses and investors for the time period of 2020-2027. The report studies the historical data of the Electronic Expansion Valves market and offers valuable information about the key segments and sub-segments, revenue generation, demand and supply scenario, trends, and other vital aspects. The report offers an accurate forecast estimation of the Electronic Expansion Valves industry based on the recent technological and research advancements. It also offers valuable data to assist the investors in formulating strategic business investment plans and capitalize on the emerging growth prospects in the Electronic Expansion Valves market.
Top companies profiled in the report include:
• DunAn,
• CAREL INDUSTRIES,
• Castel,
• VOLGA,
• Fujikoki Corp.,
• Danfoss Group,
• Zhejiang DUNAN Artificial Environment co., LTD,
• Emerson Electric Co.,
• and Parker-Hannifin Corporation,
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Market Overview:
Increasing investment in power projects by both public & private sectors, smart grid to enhance manage services & minimize transmission losses, rising use of smart metering to cater to growing electricity demand are the key factors that are expected to drive market growth during the forecast period. With the support of government for renewable power projects across globe, there is slew of investment in solar & wind power projects. The emerging economies of Latin America and Asia, are now dedicating a huge amount of their annual budgets to accelerate development of the utility and power sector infrastructure. Rising global energy demand, strict regulations pertaining to emissions, highly volatile oil & gas prices, and shifting preference towards alternative energy sources across the globe will foster global power & energy market size in the coming years.
Regional Outlook:
Middle East and Africa has huge reservoirs of conventional and renewable energy sources. High efficiency of these solutions to minimize outages and revenue losses and provide better smart grid control has led to a wider demand for smart grid solutions in MEA. The regional industry will register substantial growth owing to the rapid proliferation of smart grid projects in MEA.
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Competitive Outlook:
Industry players in the Electronic Expansion Valves market are adopting the strategy of forward integration to cater increasing energy demand and to offer alternate source of energy at economical rates.
Regional Analysis covers:
• North America
o The U.S.
o Canada
o Mexico
• Europe
o Germany
o Italy
o The U.K.
o Rest of EU
• Asia Pacific
o India
o China
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Argentina
o Rest of Latin America
• Middle East & Africa
o Saudi Arabia
o South Africa
o U.A.E
o Rest of MEA
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Global Electronic Expansion Valves Market Segmentation:
Type Outlook (Revenue, USD Million; 2017–2027)
• Electromagnetic Expansion Valves
• Electric Expansion Valves
Application Outlook (Revenue, USD Million; 2017–2027)
• Air Conditioning
• Refrigeration
• Others
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