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Thermostatic Expansion Valve-Global Market Insights and Sales Trends 2024
Synopsis
The global Thermostatic Expansion Valve market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Thermostatic Expansion Valve in various end use industries. The expanding demands from the Industrial, Automotive and Commercial and Residential,, are propelling Thermostatic Expansion Valve market. Solenoid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Stainless steel segment is estimated at % CAGR for the next seven-year period.
The thermostatic expansion valve (TXV) holds promising prospects in the air conditioning and refrigeration industry. Here are some potential prospects for thermostatic expansion valves: 1. **Precise Cooling Control**: Thermostatic expansion valves provide precise control over the flow of refrigerant into the evaporator coil, allowing for more accurate and efficient cooling control. This precise control helps maintain the desired temperature and humidity levels, enhancing comfort and energy efficiency in residential, commercial, and industrial spaces. 2. **Improved Energy Efficiency**: The proper functioning of thermostatic expansion valves ensures that the refrigerant flow matches the cooling load, optimizing energy efficiency. As a result, thermostatic expansion valves can help reduce energy consumption, lower electricity costs, and contribute to more sustainable and environmentally friendly cooling systems. 3. **Frost Prevention**: Thermostatic expansion valves are designed to prevent frost formation on the evaporator coil by regulating the flow of refrigerant. This increases system reliability and prevents issues such as reduced cooling capacity, inefficient operation, and potential damage to the equipment. 4. **Flexibility and Adaptability**: Thermostatic expansion valves are adaptable to different operating conditions and refrigerant types. They can maintain optimal performance in varying load conditions, making them suitable for systems with changing cooling demands or variable-speed compressors. Additionally, they can accommodate various refrigerants, including low-GWP alternatives, supporting industry trends and regulations. 5. **Pressure Regulation and System Protection**: Thermostatic expansion valves help regulate and maintain optimal pressure levels in the cooling system. They prevent excessive pressure buildup and protect the compressor and other system components from stress, ensuring long-term reliability and reducing the risk of costly repairs or replacements.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Thermostatic Expansion Valve, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Thermostatic Expansion Valve market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Thermostatic Expansion Valve market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thermostatic Expansion Valve sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Thermostatic Expansion Valve covered in this report include EMERSON Climate Technologies, Aashinita Engineering, Fujikoki America, Danfoss Industrial Automation, Bothra Electric and Refrigeration, Armstrong International, CASTEL, Parker Hannifin and ACTROL, etc.
The global Thermostatic Expansion Valve market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
EMERSON Climate Technologies
Aashinita Engineering
Fujikoki America
Danfoss Industrial Automation
Bothra Electric and Refrigeration
Armstrong International
CASTEL
Parker Hannifin
ACTROL
Global Thermostatic Expansion Valve market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Thermostatic Expansion Valve market, Segment by Type:
Solenoid
Stainless steel
Piezo
Others
Global Thermostatic Expansion Valve market, by Application
Industrial
Automotive
Commercial and Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Thermostatic Expansion Valve manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Thermostatic Expansion Valve in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Thermostatic Expansion Valve market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Thermostatic Expansion Valve in various end use industries. The expanding demands from the Industrial, Automotive and Commercial and Residential,, are propelling Thermostatic Expansion Valve market. Solenoid, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Stainless steel segment is estimated at % CAGR for the next seven-year period.
The thermostatic expansion valve (TXV) holds promising prospects in the air conditioning and refrigeration industry. Here are some potential prospects for thermostatic expansion valves: 1. **Precise Cooling Control**: Thermostatic expansion valves provide precise control over the flow of refrigerant into the evaporator coil, allowing for more accurate and efficient cooling control. This precise control helps maintain the desired temperature and humidity levels, enhancing comfort and energy efficiency in residential, commercial, and industrial spaces. 2. **Improved Energy Efficiency**: The proper functioning of thermostatic expansion valves ensures that the refrigerant flow matches the cooling load, optimizing energy efficiency. As a result, thermostatic expansion valves can help reduce energy consumption, lower electricity costs, and contribute to more sustainable and environmentally friendly cooling systems. 3. **Frost Prevention**: Thermostatic expansion valves are designed to prevent frost formation on the evaporator coil by regulating the flow of refrigerant. This increases system reliability and prevents issues such as reduced cooling capacity, inefficient operation, and potential damage to the equipment. 4. **Flexibility and Adaptability**: Thermostatic expansion valves are adaptable to different operating conditions and refrigerant types. They can maintain optimal performance in varying load conditions, making them suitable for systems with changing cooling demands or variable-speed compressors. Additionally, they can accommodate various refrigerants, including low-GWP alternatives, supporting industry trends and regulations. 5. **Pressure Regulation and System Protection**: Thermostatic expansion valves help regulate and maintain optimal pressure levels in the cooling system. They prevent excessive pressure buildup and protect the compressor and other system components from stress, ensuring long-term reliability and reducing the risk of costly repairs or replacements.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Thermostatic Expansion Valve, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Thermostatic Expansion Valve market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Thermostatic Expansion Valve market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Thermostatic Expansion Valve sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Thermostatic Expansion Valve covered in this report include EMERSON Climate Technologies, Aashinita Engineering, Fujikoki America, Danfoss Industrial Automation, Bothra Electric and Refrigeration, Armstrong International, CASTEL, Parker Hannifin and ACTROL, etc.
The global Thermostatic Expansion Valve market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
EMERSON Climate Technologies
Aashinita Engineering
Fujikoki America
Danfoss Industrial Automation
Bothra Electric and Refrigeration
Armstrong International
CASTEL
Parker Hannifin
ACTROL
Global Thermostatic Expansion Valve market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Thermostatic Expansion Valve market, Segment by Type:
Solenoid
Stainless steel
Piezo
Others
Global Thermostatic Expansion Valve market, by Application
Industrial
Automotive
Commercial and Residential
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Thermostatic Expansion Valve manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Thermostatic Expansion Valve in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Thermostatic Expansion Valve Market Overview
1.1 Thermostatic Expansion Valve Product Overview
1.2 Thermostatic Expansion Valve Market Segment by Type
1.2.1 Solenoid
1.2.2 Stainless steel
1.2.3 Piezo
1.2.4 Others
1.3 Global Thermostatic Expansion Valve Market Size by Type
1.3.1 Global Thermostatic Expansion Valve Market Size Overview by Type (2018-2029)
1.3.2 Global Thermostatic Expansion Valve Historic Market Size Review by Type (2018-2023)
1.3.3 Global Thermostatic Expansion Valve Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Thermostatic Expansion Valve Sales Breakdown by Type (2018-2023)
1.4.2 Europe Thermostatic Expansion Valve Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Thermostatic Expansion Valve Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Thermostatic Expansion Valve Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Thermostatic Expansion Valve Sales Breakdown by Type (2018-2023)
2 Global Thermostatic Expansion Valve Market Competition by Company
2.1 Global Top Players by Thermostatic Expansion Valve Sales (2018-2023)
2.2 Global Top Players by Thermostatic Expansion Valve Revenue (2018-2023)
2.3 Global Top Players by Thermostatic Expansion Valve Price (2018-2023)
2.4 Global Top Manufacturers Thermostatic Expansion Valve Manufacturing Base Distribution, Sales Area, Product Type
2.5 Thermostatic Expansion Valve Market Competitive Situation and Trends
2.5.1 Thermostatic Expansion Valve Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Thermostatic Expansion Valve Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Thermostatic Expansion Valve as of 2022)
2.7 Date of Key Manufacturers Enter into Thermostatic Expansion Valve Market
2.8 Key Manufacturers Thermostatic Expansion Valve Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Thermostatic Expansion Valve Status and Outlook by Region
3.1 Global Thermostatic Expansion Valve Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Thermostatic Expansion Valve Historic Market Size by Region
3.2.1 Global Thermostatic Expansion Valve Sales in Volume by Region (2018-2023)
3.2.2 Global Thermostatic Expansion Valve Sales in Value by Region (2018-2023)
3.2.3 Global Thermostatic Expansion Valve Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Thermostatic Expansion Valve Forecasted Market Size by Region
3.3.1 Global Thermostatic Expansion Valve Sales in Volume by Region (2024-2029)
3.3.2 Global Thermostatic Expansion Valve Sales in Value by Region (2024-2029)
3.3.3 Global Thermostatic Expansion Valve Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Thermostatic Expansion Valve by Application
4.1 Thermostatic Expansion Valve Market Segment by Application
4.1.1 Industrial
4.1.2 Automotive
4.1.3 Commercial and Residential
4.2 Global Thermostatic Expansion Valve Market Size by Application
4.2.1 Global Thermostatic Expansion Valve Market Size Overview by Application (2018-2029)
4.2.2 Global Thermostatic Expansion Valve Historic Market Size Review by Application (2018-2023)
4.2.3 Global Thermostatic Expansion Valve Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Thermostatic Expansion Valve Sales Breakdown by Application (2018-2023)
4.3.2 Europe Thermostatic Expansion Valve Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Thermostatic Expansion Valve Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Thermostatic Expansion Valve Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Thermostatic Expansion Valve Sales Breakdown by Application (2018-2023)
5 North America Thermostatic Expansion Valve by Country
5.1 North America Thermostatic Expansion Valve Historic Market Size by Country
5.1.1 North America Thermostatic Expansion Valve Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Thermostatic Expansion Valve Sales in Volume by Country (2018-2023)
5.1.3 North America Thermostatic Expansion Valve Sales in Value by Country (2018-2023)
5.2 North America Thermostatic Expansion Valve Forecasted Market Size by Country
5.2.1 North America Thermostatic Expansion Valve Sales in Volume by Country (2024-2029)
5.2.2 North America Thermostatic Expansion Valve Sales in Value by Country (2024-2029)
6 Europe Thermostatic Expansion Valve by Country
6.1 Europe Thermostatic Expansion Valve Historic Market Size by Country
6.1.1 Europe Thermostatic Expansion Valve Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Thermostatic Expansion Valve Sales in Volume by Country (2018-2023)
6.1.3 Europe Thermostatic Expansion Valve Sales in Value by Country (2018-2023)
6.2 Europe Thermostatic Expansion Valve Forecasted Market Size by Country
6.2.1 Europe Thermostatic Expansion Valve Sales in Volume by Country (2024-2029)
6.2.2 Europe Thermostatic Expansion Valve Sales in Value by Country (2024-2029)
7 Asia-Pacific Thermostatic Expansion Valve by Region
7.1 Asia-Pacific Thermostatic Expansion Valve Historic Market Size by Region
7.1.1 Asia-Pacific Thermostatic Expansion Valve Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Thermostatic Expansion Valve Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Thermostatic Expansion Valve Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Thermostatic Expansion Valve Forecasted Market Size by Region
7.2.1 Asia-Pacific Thermostatic Expansion Valve Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Thermostatic Expansion Valve Sales in Value by Region (2024-2029)
8 Latin America Thermostatic Expansion Valve by Country
8.1 Latin America Thermostatic Expansion Valve Historic Market Size by Country
8.1.1 Latin America Thermostatic Expansion Valve Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Thermostatic Expansion Valve Sales in Volume by Country (2018-2023)
8.1.3 Latin America Thermostatic Expansion Valve Sales in Value by Country (2018-2023)
8.2 Latin America Thermostatic Expansion Valve Forecasted Market Size by Country
8.2.1 Latin America Thermostatic Expansion Valve Sales in Volume by Country (2024-2029)
8.2.2 Latin America Thermostatic Expansion Valve Sales in Value by Country (2024-2029)
9 Middle East and Africa Thermostatic Expansion Valve by Country
9.1 Middle East and Africa Thermostatic Expansion Valve Historic Market Size by Country
9.1.1 Middle East and Africa Thermostatic Expansion Valve Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Thermostatic Expansion Valve Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Thermostatic Expansion Valve Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Thermostatic Expansion Valve Forecasted Market Size by Country
9.2.1 Middle East and Africa Thermostatic Expansion Valve Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Thermostatic Expansion Valve Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 EMERSON Climate Technologies
10.1.1 EMERSON Climate Technologies Company Information
10.1.2 EMERSON Climate Technologies Introduction and Business Overview
10.1.3 EMERSON Climate Technologies Thermostatic Expansion Valve Sales, Revenue and Gross Margin (2018-2023)
10.1.4 EMERSON Climate Technologies Thermostatic Expansion Valve Products Offered
10.1.5 EMERSON Climate Technologies Recent Development
10.2 Aashinita Engineering
10.2.1 Aashinita Engineering Company Information
10.2.2 Aashinita Engineering Introduction and Business Overview
10.2.3 Aashinita Engineering Thermostatic Expansion Valve Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Aashinita Engineering Thermostatic Expansion Valve Products Offered
10.2.5 Aashinita Engineering Recent Development
10.3 Fujikoki America
10.3.1 Fujikoki America Company Information
10.3.2 Fujikoki America Introduction and Business Overview
10.3.3 Fujikoki America Thermostatic Expansion Valve Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Fujikoki America Thermostatic Expansion Valve Products Offered
10.3.5 Fujikoki America Recent Development
10.4 Danfoss Industrial Automation
10.4.1 Danfoss Industrial Automation Company Information
10.4.2 Danfoss Industrial Automation Introduction and Business Overview
10.4.3 Danfoss Industrial Automation Thermostatic Expansion Valve Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Danfoss Industrial Automation Thermostatic Expansion Valve Products Offered
10.4.5 Danfoss Industrial Automation Recent Development
10.5 Bothra Electric and Refrigeration
10.5.1 Bothra Electric and Refrigeration Company Information
10.5.2 Bothra Electric and Refrigeration Introduction and Business Overview
10.5.3 Bothra Electric and Refrigeration Thermostatic Expansion Valve Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Bothra Electric and Refrigeration Thermostatic Expansion Valve Products Offered
10.5.5 Bothra Electric and Refrigeration Recent Development
10.6 Armstrong International
10.6.1 Armstrong International Company Information
10.6.2 Armstrong International Introduction and Business Overview
10.6.3 Armstrong International Thermostatic Expansion Valve Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Armstrong International Thermostatic Expansion Valve Products Offered
10.6.5 Armstrong International Recent Development
10.7 CASTEL
10.7.1 CASTEL Company Information
10.7.2 CASTEL Introduction and Business Overview
10.7.3 CASTEL Thermostatic Expansion Valve Sales, Revenue and Gross Margin (2018-2023)
10.7.4 CASTEL Thermostatic Expansion Valve Products Offered
10.7.5 CASTEL Recent Development
10.8 Parker Hannifin
10.8.1 Parker Hannifin Company Information
10.8.2 Parker Hannifin Introduction and Business Overview
10.8.3 Parker Hannifin Thermostatic Expansion Valve Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Parker Hannifin Thermostatic Expansion Valve Products Offered
10.8.5 Parker Hannifin Recent Development
10.9 ACTROL
10.9.1 ACTROL Company Information
10.9.2 ACTROL Introduction and Business Overview
10.9.3 ACTROL Thermostatic Expansion Valve Sales, Revenue and Gross Margin (2018-2023)
10.9.4 ACTROL Thermostatic Expansion Valve Products Offered
10.9.5 ACTROL Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Thermostatic Expansion Valve Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Thermostatic Expansion Valve Industrial Chain Analysis
11.4 Thermostatic Expansion Valve Market Dynamics
11.4.1 Thermostatic Expansion Valve Industry Trends
11.4.2 Thermostatic Expansion Valve Market Drivers
11.4.3 Thermostatic Expansion Valve Market Challenges
11.4.4 Thermostatic Expansion Valve Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Thermostatic Expansion Valve Distributors
12.3 Thermostatic Expansion Valve Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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