QYR Market Research Global Electronic Expansion Valves Market Research | Page 3

QYResearch
• The electronics expansion valves are mainly used in the inverter air
conditioner. According to QYR, the total market is about 48 million
units in 2016. In 2012, the volume of inverter Electronic Expansion
Valves was about 25 million units. With the implementation of inverter
air conditioner energy efficiency standards in 2013 in China, also, with
the promotion of the comfort requirements, it greatly stimulated the
development of electronic expansion valve market. The market
increase sharply in China. Nowadays, the production capacity of
electronics expansion valves in global market is about 55 million units.
For the applications of Electronic Expansion Valves, products for
household inverter air-condition and commercial air-condition are the
main market driven engine for industry production volume.
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