Global Automotive Solenoid Market Size study & Forecast, by Vehicle Type (Passenger Vehicle, LCV, HCV, Electric Vehicle), by Application (Engine Control, Fuel and Emission Control, HVAC, Others), by Type (2-Way Valve, 3-Way Valve, 4-Way Valve, Others) and

Global Automotive Solenoid Market Size study & Forecast, by Vehicle Type (Passenger Vehicle, LCV, HCV, Electric Vehicle), by Application (Engine Control, Fuel and Emission Control, HVAC, Others), by Type (2-Way Valve, 3-Way Valve, 4-Way Valve, Others) and Regional Analysis, 2023-2030


Global Automotive Solenoid Market is valued at approximately USD XX billion in 2022 and is anticipated to grow with a healthy growth rate of more than XX% during the forecast period 2023-2030. Solenoid is a type of electromechanical device that converts electrical energy into mechanical motion. In the context of automotive systems, an automotive solenoid is a component used to control the flow of fluids or engage mechanical parts in a vehicle. The key factors driving the market growth are increasing vehicle production, advancements in electric and hybrid vehicles, and rising adoption of advanced driver assistance systems that are anticipated to create lucrative demand for the market during the forecast period 2023-2030.

Additionally, the Automotive Solenoid Market is closely tied to the production of vehicles. As the global demand for automobiles increases, there is a corresponding rise in the demand for solenoids used in various automotive systems, such as starters, fuel injectors, and transmission systems. According to the International Organization of Motor Vehicle Manufacturers, in 2020, the number of vehicles produced globally was 77.6 million and the number reached 80.1 million in 2021. As a result, the rising demand for automotive vehicles globally is anticipated to accelerate the market growth over the projected period. Moreover, increasing government regulations for fuel-efficient vehicles, and growing demand for automatic transmissions are anticipated to create lucrative opportunities for the market. However, the low preference for diesel passenger cars and technical problems associated with solenoid valves stifled market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Automotive Solenoid Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing vehicle electrification, ongoing advancements in solenoid technology, such as the development of more efficient and compact solenoids, and the presence of key market players. Whereas, the Asia Pacific is expected to grow at the fastest growth rate over the forecast period, owing to factors such as increasing automotive production, rising demand for electric vehicles (EVs), stringent emission regulations, and rapid industrialization and urbanization.

Major market player included in this report are:
BorgWarner Inc.
Continental AG
Denso Corporation
Global Point Magnetics Asia Co. Ltd.
Hitachi Ltd.
Johnson holdings Ltd
Mitsubishi Electric Corporation
Nidec Corporation
Padmini VNA Mechatronics Ltd.
Robert Bosch GmbH

Recent Developments in the Market:
 In October 2020, ZF Friedrichshafen AG completed the full acquisition of ZF Sachs Micro Mobility GmbH, integrating it as a wholly owned subsidiary within its Industrial Technology Division. Former stakeholders, BMZ Batterien-Montage-Zentrum GmbH and Gustav Magenwirth GmbH & Co. KG have transferred their shares to ZF Friedrichshafen AG. ZF Sachs Micro Mobility GmbH specializes in the production of traction motors and associated products for the micro-mobility sector, including e-bikes and bicycles.

Global Automotive Solenoid Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Vehicle Type, Application, Type, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Vehicle Type:
Passenger Vehicle
LCV
HCV
Electric Vehicle

By Application:
Engine Control
Fuel and Emission Control
HVAC
Others
By Type:
2-Way Valve
3-Way Valve
4-Way Valve
Others

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Companies Mentioned
BorgWarner Inc.
Continental AG
Denso Corporation
Global Point Magnetics Asia Co. Ltd.
Hitachi Ltd.
Johnson holdings Ltd
Mitsubishi Electric Corporation
Nidec Corporation
Padmini VNA Mechatronics Ltd.
Robert Bosch GmbH

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Automotive Solenoid Market, by Region, 2020-2030 (USD Billion)
1.2.2. Automotive Solenoid Market, by Vehicle Type, 2020-2030 (USD Billion)
1.2.3. Automotive Solenoid Market, by Application, 2020-2030 (USD Billion)
1.2.4. Automotive Solenoid Market, by Type, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Automotive Solenoid Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Automotive Solenoid Market Dynamics
3.1. Automotive Solenoid Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Increasing vehicle production
3.1.1.2. Advancements in electric and hybrid vehicles
3.1.1.3. Rising adoption of advanced driver assistance systems
3.1.2. Market Challenges
3.1.2.1. Low preference for diesel passenger cars
3.1.2.2. Technical problems associated with solenoid valves
3.1.3. Market Opportunities
3.1.3.1. Increasing government regulations for fuel-efficient vehicles
3.1.3.2. Growing demand for automatic transmissions
Chapter 4. Global Automotive Solenoid Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Automotive Solenoid Market, by Vehicle Type
5.1. Market Snapshot
5.2. Global Automotive Solenoid Market by Vehicle Type, Performance - Potential Analysis
5.3. Global Automotive Solenoid Market Estimates & Forecasts by Vehicle Type 2020-2030 (USD Billion)
5.4. Automotive Solenoid Market, Sub Segment Analysis
5.4.1. Passenger Vehicle
5.4.2. LCV
5.4.3. HCV
5.4.4. Electric Vehicle
Chapter 6. Global Automotive Solenoid Market, by Application
6.1. Market Snapshot
6.2. Global Automotive Solenoid Market by Application, Performance - Potential Analysis
6.3. Global Automotive Solenoid Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
6.4. Automotive Solenoid Market, Sub Segment Analysis
6.4.1. Engine Control
6.4.2. Fuel and Emission Control
6.4.3. HVAC
6.4.4. Others
Chapter 7. Global Automotive Solenoid Market, by Type
7.1. Market Snapshot
7.2. Global Automotive Solenoid Market by Type, Performance - Potential Analysis
7.3. Global Automotive Solenoid Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
7.4. Automotive Solenoid Market, Sub Segment Analysis
7.4.1. 2-Way Valve
7.4.2. 3-Way Valve
7.4.3. 4-Way Valve
7.4.4. Others
Chapter 8. Global Automotive Solenoid Market, Regional Analysis
8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Automotive Solenoid Market, Regional Market Snapshot
8.4. North America Automotive Solenoid Market
8.4.1. U.S. Automotive Solenoid Market
8.4.1.1. Vehicle Type breakdown estimates & forecasts, 2020-2030
8.4.1.2. Application breakdown estimates & forecasts, 2020-2030
8.4.1.3. Type breakdown estimates & forecasts, 2020-2030
8.4.2. Canada Automotive Solenoid Market
8.5. Europe Automotive Solenoid Market Snapshot
8.5.1. U.K. Automotive Solenoid Market
8.5.2. Germany Automotive Solenoid Market
8.5.3. France Automotive Solenoid Market
8.5.4. Spain Automotive Solenoid Market
8.5.5. Italy Automotive Solenoid Market
8.5.6. Rest of Europe Automotive Solenoid Market
8.6. Asia-Pacific Automotive Solenoid Market Snapshot
8.6.1. China Automotive Solenoid Market
8.6.2. India Automotive Solenoid Market
8.6.3. Japan Automotive Solenoid Market
8.6.4. Australia Automotive Solenoid Market
8.6.5. South Korea Automotive Solenoid Market
8.6.6. Rest of Asia Pacific Automotive Solenoid Market
8.7. Latin America Automotive Solenoid Market Snapshot
8.7.1. Brazil Automotive Solenoid Market
8.7.2. Mexico Automotive Solenoid Market
8.8. Middle East & Africa Automotive Solenoid Market
8.8.1. Saudi Arabia Automotive Solenoid Market
8.8.2. South Africa Automotive Solenoid Market
8.8.3. Rest of Middle East & Africa Automotive Solenoid Market
Chapter 9. Competitive Intelligence
9.1. Key Company SWOT Analysis
9.1.1. Company 1
9.1.2. Company 2
9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
9.3.1. BorgWarner Inc.
9.3.1.1. Key Information
9.3.1.2. Overview
9.3.1.3. Financial (Subject to Data Availability)
9.3.1.4. Product Summary
9.3.1.5. Recent Developments
9.3.2. Continental AG
9.3.3. Denso Corporation
9.3.4. Global Point Magnetics Asia Co. Ltd.
9.3.5. Hitachi Ltd.
9.3.6. Johnson holdings Ltd
9.3.7. Mitsubishi Electric Corporation
9.3.8. Nidec Corporation
9.3.9. Padmini VNA Mechatronics Ltd.
9.3.10. Robert Bosch GmbH
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
List of Tables
TABLE 1. Global Automotive Solenoid Market, report scope
TABLE 2. Global Automotive Solenoid Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3. Global Automotive Solenoid Market estimates & forecasts by Vehicle Type 2020-2030 (USD Billion)
TABLE 4. Global Automotive Solenoid Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 5. Global Automotive Solenoid Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 6. Global Automotive Solenoid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Automotive Solenoid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Automotive Solenoid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Automotive Solenoid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Automotive Solenoid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Automotive Solenoid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Automotive Solenoid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Automotive Solenoid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Automotive Solenoid Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Automotive Solenoid Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Automotive Solenoid Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Automotive Solenoid Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Automotive Solenoid Market
TABLE 71. List of primary sources, used in the study of global Automotive Solenoid Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIGURE 1. Global Automotive Solenoid Market, research methodology
FIGURE 2. Global Automotive Solenoid Market, Market estimation techniques
FIGURE 3. Global Market size estimates & forecast methods
FIGURE 4. Global Automotive Solenoid Market, key trends 2022
FIGURE 5. Global Automotive Solenoid Market, growth prospects 2023-2030
FIGURE 6. Global Automotive Solenoid Market, porters 5 force model
FIGURE 7. Global Automotive Solenoid Market, pest analysis
FIGURE 8. Global Automotive Solenoid Market, value chain analysis
FIGURE 9. Global Automotive Solenoid Market by segment, 2020 & 2030 (USD Billion)
FIGURE 10. Global Automotive Solenoid Market by segment, 2020 & 2030 (USD Billion)
FIGURE 11. Global Automotive Solenoid Market by segment, 2020 & 2030 (USD Billion)
FIGURE 12. Global Automotive Solenoid Market by segment, 2020 & 2030 (USD Billion)
FIGURE 13. Global Automotive Solenoid Market by segment, 2020 & 2030 (USD Billion)
FIGURE 14. Global Automotive Solenoid Market, regional snapshot 2020 & 2030
FIGURE 15. North America Automotive Solenoid Market 2020 & 2030 (USD Billion)
FIGURE 16. Europe Automotive Solenoid Market 2020 & 2030 (USD Billion)
FIGURE 17. Asia pacific Automotive Solenoid Market 2020 & 2030 (USD Billion)
FIGURE 18. Latin America Automotive Solenoid Market 2020 & 2030 (USD Billion)
FIGURE 19. Middle East & Africa Automotive Solenoid Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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