Global Solenoid Valve Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Solenoid Valve Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Solenoid Valve market size was valued at USD 4664 million in 2023 and is forecast to a readjusted size of USD 5503.5 million by 2030 with a CAGR of 2.4% during review period.

A Solenoid Valve is an electromechanically operated valve. Solenoid Valve is used to control the fluid automatic based components, belonging to the actuator; the valve is controlled by an electric current through a solenoid: in the case of a two-port valve the flow is switched on or off; in the case of a three-port valve, the outflow is switched between the two outlet ports. Multiple Solenoid Valves can be placed together on a manifold. Solenoid Valves are the most frequently used control elements in fluidics. Their tasks are to shut off, release, dose, distribute or mix fluids. They are found in many application areas. Solenoids offer fast and safe switching, high reliability, long service life, good medium compatibility of the materials used, low control power and compact design

Global Solenoid Valves key players include ASCO, Kendrion, Danfoss, Parker, Bürkert, etc. Global top five manufacturers hold a share about 35%. Asia-Pacific is the largest market, with a share about 35%, followed by North America and Europe, both with a share about 30 percent. In terms of product, Direct-acting Type is the largest segment, with a share about 45%. And in terms of application, the largest application is Home Appliance, followed by Automobile, Automation, General Industry, etc.

The Global Info Research report includes an overview of the development of the Solenoid Valve industry chain, the market status of Oil and Gas (2-Way, 3-Way), Chemical and Petrochemical (2-Way, 3-Way), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Solenoid Valve.

Regionally, the report analyzes the Solenoid Valve markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Solenoid Valve market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Solenoid Valve market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Solenoid Valve industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., 2-Way, 3-Way).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Solenoid Valve market.

Regional Analysis: The report involves examining the Solenoid Valve market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Solenoid Valve market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Solenoid Valve:

Company Analysis: Report covers individual Solenoid Valve manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Solenoid Valve This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Oil and Gas, Chemical and Petrochemical).

Technology Analysis: Report covers specific technologies relevant to Solenoid Valve. It assesses the current state, advancements, and potential future developments in Solenoid Valve areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Solenoid Valve market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Solenoid Valve market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
2-Way
3-Way
4-Way
5-Way

Market segment by Application
Oil and Gas
Chemical and Petrochemical
Water and Wastewater
Food and Beverages
Power Generation
Pharmaceuticals
Automotive
Medical
Others

Major players covered
IMI
Parker Hannifin
Danfoss
Christian Burkert
ASCO Valve
Curtiss-Wright
GSR Ventiltechnik
A.u.K. Muller

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Solenoid Valve product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Solenoid Valve, with price, sales, revenue and global market share of Solenoid Valve from 2019 to 2024.

Chapter 3, the Solenoid Valve competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Solenoid Valve breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Solenoid Valve market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Solenoid Valve.

Chapter 14 and 15, to describe Solenoid Valve sales channel, distributors, customers, research findings and conclusion.