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Global Air Conditioning Electronic Expansion Valves (EEV) Market Research Report 2025
Synopsis
This report studies the Air Conditioning Electronic Expansion Valves market. The electronic expansion valve (EEV) operates with a much more sophisticated design. EEVs control the flow of refrigerant entering a direct expansion evaporator. They do this in response to signals sent to them by an electronic controller.
The global Air Conditioning Electronic Expansion Valves (EEV) market was valued at US$ 2877.4 million in 2023 and is anticipated to reach US$ 3867.5 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Driving force
Energy Efficiency: EEVs are known for their high efficiency in regulating the flow of refrigerant in air conditioning systems. By precisely controlling the expansion of refrigerant, they enable the system to operate at optimal levels, resulting in energy savings. As energy efficiency continues to be a priority for consumers and regulatory bodies, the demand for EEVs has increased.
Growing Construction and Infrastructure Projects: The construction industry's growth, including residential, commercial, and industrial sectors, directly influences the demand for air conditioning systems and components like EEVs. As construction projects increase globally, particularly in emerging markets, the demand for efficient air conditioning solutions rises, thus driving the EEV market.
Trends
Miniaturization and Compact Design: There is a growing demand for smaller and more compact HVAC systems, particularly in residential and light commercial applications. Miniaturization of components, including EEVs, allows for more flexible installation options and better space utilization. Manufacturers are focusing on developing compact EEVs without compromising performance to meet the requirements of space-constrained applications.
Growing Demand in Emerging Markets: The demand for air conditioning systems, including EEVs, is rising in emerging markets due to factors such as increasing disposable income, urbanization, and changing climatic conditions. Rising standards of living and infrastructure development in countries like China, India, and Southeast Asian nations are driving the growth of the air conditioning market, thereby creating opportunities for EEV manufacturers.
This report aims to provide a comprehensive presentation of the global market for Air Conditioning Electronic Expansion Valves (EEV), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Air Conditioning Electronic Expansion Valves (EEV).
Report Scope
The Air Conditioning Electronic Expansion Valves (EEV) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Air Conditioning Electronic Expansion Valves (EEV) market comprehensively. Regional market sizes, concerning products by Technlogy, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Air Conditioning Electronic Expansion Valves (EEV) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Technlogy, by Application, and by regions.
Market Segmentation
By Company
Fujikoki
SANHUA
DunaAn
Saginomiya
Danfoss
Parker
Emerson
Castel
Carel
Segment by Technlogy
Electromagnetic EEV
Electric EEV
Segment by Application
Home Inverter Air Conditioner
Commercial Air Conditioning
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Technlogy, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Air Conditioning Electronic Expansion Valves (EEV) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Air Conditioning Electronic Expansion Valves (EEV) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Air Conditioning Electronic Expansion Valves (EEV) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Technlogy, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
This report studies the Air Conditioning Electronic Expansion Valves market. The electronic expansion valve (EEV) operates with a much more sophisticated design. EEVs control the flow of refrigerant entering a direct expansion evaporator. They do this in response to signals sent to them by an electronic controller.
The global Air Conditioning Electronic Expansion Valves (EEV) market was valued at US$ 2877.4 million in 2023 and is anticipated to reach US$ 3867.5 million by 2030, witnessing a CAGR of 4.5% during the forecast period 2024-2030.
Driving force
Energy Efficiency: EEVs are known for their high efficiency in regulating the flow of refrigerant in air conditioning systems. By precisely controlling the expansion of refrigerant, they enable the system to operate at optimal levels, resulting in energy savings. As energy efficiency continues to be a priority for consumers and regulatory bodies, the demand for EEVs has increased.
Growing Construction and Infrastructure Projects: The construction industry's growth, including residential, commercial, and industrial sectors, directly influences the demand for air conditioning systems and components like EEVs. As construction projects increase globally, particularly in emerging markets, the demand for efficient air conditioning solutions rises, thus driving the EEV market.
Trends
Miniaturization and Compact Design: There is a growing demand for smaller and more compact HVAC systems, particularly in residential and light commercial applications. Miniaturization of components, including EEVs, allows for more flexible installation options and better space utilization. Manufacturers are focusing on developing compact EEVs without compromising performance to meet the requirements of space-constrained applications.
Growing Demand in Emerging Markets: The demand for air conditioning systems, including EEVs, is rising in emerging markets due to factors such as increasing disposable income, urbanization, and changing climatic conditions. Rising standards of living and infrastructure development in countries like China, India, and Southeast Asian nations are driving the growth of the air conditioning market, thereby creating opportunities for EEV manufacturers.
This report aims to provide a comprehensive presentation of the global market for Air Conditioning Electronic Expansion Valves (EEV), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Air Conditioning Electronic Expansion Valves (EEV).
Report Scope
The Air Conditioning Electronic Expansion Valves (EEV) market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Air Conditioning Electronic Expansion Valves (EEV) market comprehensively. Regional market sizes, concerning products by Technlogy, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Air Conditioning Electronic Expansion Valves (EEV) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Technlogy, by Application, and by regions.
Market Segmentation
By Company
Fujikoki
SANHUA
DunaAn
Saginomiya
Danfoss
Parker
Emerson
Castel
Carel
Segment by Technlogy
Electromagnetic EEV
Electric EEV
Segment by Application
Home Inverter Air Conditioner
Commercial Air Conditioning
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Technlogy, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Air Conditioning Electronic Expansion Valves (EEV) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Air Conditioning Electronic Expansion Valves (EEV) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Air Conditioning Electronic Expansion Valves (EEV) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Technlogy, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Air Conditioning Electronic Expansion Valves (EEV) Market Overview
1.1 Product Definition
1.2 Air Conditioning Electronic Expansion Valves (EEV) Segment by Technlogy
1.2.1 Global Air Conditioning Electronic Expansion Valves (EEV) Market Value Growth Rate Analysis by Technlogy 2023 VS 2030
1.2.2 Electromagnetic EEV
1.2.3 Electric EEV
1.3 Air Conditioning Electronic Expansion Valves (EEV) Segment by Application
1.3.1 Global Air Conditioning Electronic Expansion Valves (EEV) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Home Inverter Air Conditioner
1.3.3 Commercial Air Conditioning
1.4 Global Market Growth Prospects
1.4.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Air Conditioning Electronic Expansion Valves (EEV) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Air Conditioning Electronic Expansion Valves (EEV) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Air Conditioning Electronic Expansion Valves (EEV) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production Market Share by Manufacturers (2019-2024)
2.2 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Air Conditioning Electronic Expansion Valves (EEV), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Air Conditioning Electronic Expansion Valves (EEV) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Air Conditioning Electronic Expansion Valves (EEV) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Air Conditioning Electronic Expansion Valves (EEV), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Air Conditioning Electronic Expansion Valves (EEV), Product Offered and Application
2.8 Global Key Manufacturers of Air Conditioning Electronic Expansion Valves (EEV), Date of Enter into This Industry
2.9 Air Conditioning Electronic Expansion Valves (EEV) Market Competitive Situation and Trends
2.9.1 Air Conditioning Electronic Expansion Valves (EEV) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Air Conditioning Electronic Expansion Valves (EEV) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Air Conditioning Electronic Expansion Valves (EEV) Production by Region
3.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value by Region (2019-2030)
3.2.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Air Conditioning Electronic Expansion Valves (EEV) by Region (2025-2030)
3.3 Global Air Conditioning Electronic Expansion Valves (EEV) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Air Conditioning Electronic Expansion Valves (EEV) Production by Region (2019-2030)
3.4.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Air Conditioning Electronic Expansion Valves (EEV) by Region (2025-2030)
3.5 Global Air Conditioning Electronic Expansion Valves (EEV) Market Price Analysis by Region (2019-2024)
3.6 Global Air Conditioning Electronic Expansion Valves (EEV) Production and Value, Year-over-Year Growth
3.6.1 North America Air Conditioning Electronic Expansion Valves (EEV) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Air Conditioning Electronic Expansion Valves (EEV) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Air Conditioning Electronic Expansion Valves (EEV) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Air Conditioning Electronic Expansion Valves (EEV) Production Value Estimates and Forecasts (2019-2030)
4 Air Conditioning Electronic Expansion Valves (EEV) Consumption by Region
4.1 Global Air Conditioning Electronic Expansion Valves (EEV) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Air Conditioning Electronic Expansion Valves (EEV) Consumption by Region (2019-2030)
4.2.1 Global Air Conditioning Electronic Expansion Valves (EEV) Consumption by Region (2019-2024)
4.2.2 Global Air Conditioning Electronic Expansion Valves (EEV) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Air Conditioning Electronic Expansion Valves (EEV) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Air Conditioning Electronic Expansion Valves (EEV) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Air Conditioning Electronic Expansion Valves (EEV) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Air Conditioning Electronic Expansion Valves (EEV) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Air Conditioning Electronic Expansion Valves (EEV) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Air Conditioning Electronic Expansion Valves (EEV) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Air Conditioning Electronic Expansion Valves (EEV) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Air Conditioning Electronic Expansion Valves (EEV) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Technlogy
5.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production by Technlogy (2019-2030)
5.1.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production by Technlogy (2019-2024)
5.1.2 Global Air Conditioning Electronic Expansion Valves (EEV) Production by Technlogy (2025-2030)
5.1.3 Global Air Conditioning Electronic Expansion Valves (EEV) Production Market Share by Technlogy (2019-2030)
5.2 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value by Technlogy (2019-2030)
5.2.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value by Technlogy (2019-2024)
5.2.2 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value by Technlogy (2025-2030)
5.2.3 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value Market Share by Technlogy (2019-2030)
5.3 Global Air Conditioning Electronic Expansion Valves (EEV) Price by Technlogy (2019-2030)
6 Segment by Application
6.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production by Application (2019-2030)
6.1.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production by Application (2019-2024)
6.1.2 Global Air Conditioning Electronic Expansion Valves (EEV) Production by Application (2025-2030)
6.1.3 Global Air Conditioning Electronic Expansion Valves (EEV) Production Market Share by Application (2019-2030)
6.2 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value by Application (2019-2030)
6.2.1 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value by Application (2019-2024)
6.2.2 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value by Application (2025-2030)
6.2.3 Global Air Conditioning Electronic Expansion Valves (EEV) Production Value Market Share by Application (2019-2030)
6.3 Global Air Conditioning Electronic Expansion Valves (EEV) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Fujikoki
7.1.1 Fujikoki Air Conditioning Electronic Expansion Valves (EEV) Corporation Information
7.1.2 Fujikoki Air Conditioning Electronic Expansion Valves (EEV) Product Portfolio
7.1.3 Fujikoki Air Conditioning Electronic Expansion Valves (EEV) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Fujikoki Main Business and Markets Served
7.1.5 Fujikoki Recent Developments/Updates
7.2 SANHUA
7.2.1 SANHUA Air Conditioning Electronic Expansion Valves (EEV) Corporation Information
7.2.2 SANHUA Air Conditioning Electronic Expansion Valves (EEV) Product Portfolio
7.2.3 SANHUA Air Conditioning Electronic Expansion Valves (EEV) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 SANHUA Main Business and Markets Served
7.2.5 SANHUA Recent Developments/Updates
7.3 DunaAn
7.3.1 DunaAn Air Conditioning Electronic Expansion Valves (EEV) Corporation Information
7.3.2 DunaAn Air Conditioning Electronic Expansion Valves (EEV) Product Portfolio
7.3.3 DunaAn Air Conditioning Electronic Expansion Valves (EEV) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 DunaAn Main Business and Markets Served
7.3.5 DunaAn Recent Developments/Updates
7.4 Saginomiya
7.4.1 Saginomiya Air Conditioning Electronic Expansion Valves (EEV) Corporation Information
7.4.2 Saginomiya Air Conditioning Electronic Expansion Valves (EEV) Product Portfolio
7.4.3 Saginomiya Air Conditioning Electronic Expansion Valves (EEV) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Saginomiya Main Business and Markets Served
7.4.5 Saginomiya Recent Developments/Updates
7.5 Danfoss
7.5.1 Danfoss Air Conditioning Electronic Expansion Valves (EEV) Corporation Information
7.5.2 Danfoss Air Conditioning Electronic Expansion Valves (EEV) Product Portfolio
7.5.3 Danfoss Air Conditioning Electronic Expansion Valves (EEV) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Danfoss Main Business and Markets Served
7.5.5 Danfoss Recent Developments/Updates
7.6 Parker
7.6.1 Parker Air Conditioning Electronic Expansion Valves (EEV) Corporation Information
7.6.2 Parker Air Conditioning Electronic Expansion Valves (EEV) Product Portfolio
7.6.3 Parker Air Conditioning Electronic Expansion Valves (EEV) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Parker Main Business and Markets Served
7.6.5 Parker Recent Developments/Updates
7.7 Emerson
7.7.1 Emerson Air Conditioning Electronic Expansion Valves (EEV) Corporation Information
7.7.2 Emerson Air Conditioning Electronic Expansion Valves (EEV) Product Portfolio
7.7.3 Emerson Air Conditioning Electronic Expansion Valves (EEV) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Emerson Main Business and Markets Served
7.7.5 Emerson Recent Developments/Updates
7.8 Castel
7.8.1 Castel Air Conditioning Electronic Expansion Valves (EEV) Corporation Information
7.8.2 Castel Air Conditioning Electronic Expansion Valves (EEV) Product Portfolio
7.8.3 Castel Air Conditioning Electronic Expansion Valves (EEV) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Castel Main Business and Markets Served
7.7.5 Castel Recent Developments/Updates
7.9 Carel
7.9.1 Carel Air Conditioning Electronic Expansion Valves (EEV) Corporation Information
7.9.2 Carel Air Conditioning Electronic Expansion Valves (EEV) Product Portfolio
7.9.3 Carel Air Conditioning Electronic Expansion Valves (EEV) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Carel Main Business and Markets Served
7.9.5 Carel Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Air Conditioning Electronic Expansion Valves (EEV) Industry Chain Analysis
8.2 Air Conditioning Electronic Expansion Valves (EEV) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Air Conditioning Electronic Expansion Valves (EEV) Production Mode & Process
8.4 Air Conditioning Electronic Expansion Valves (EEV) Sales and Marketing
8.4.1 Air Conditioning Electronic Expansion Valves (EEV) Sales Channels
8.4.2 Air Conditioning Electronic Expansion Valves (EEV) Distributors
8.5 Air Conditioning Electronic Expansion Valves (EEV) Customers
9 Air Conditioning Electronic Expansion Valves (EEV) Market Dynamics
9.1 Air Conditioning Electronic Expansion Valves (EEV) Industry Trends
9.2 Air Conditioning Electronic Expansion Valves (EEV) Market Drivers
9.3 Air Conditioning Electronic Expansion Valves (EEV) Market Challenges
9.4 Air Conditioning Electronic Expansion Valves (EEV) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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