Global Electromechanical Solenoid Valves Market Growth 2023-2029

Global Electromechanical Solenoid Valves Market Growth 2023-2029

A Electromechanical 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. olenoid 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.
LPI (LP Information)' newest research report, the “Electromechanical Solenoid Valves Industry Forecast” looks at past sales and reviews total world Electromechanical Solenoid Valves sales in 2022, providing a comprehensive analysis by region and market sector of projected Electromechanical Solenoid Valves sales for 2023 through 2029. With Electromechanical Solenoid Valves sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electromechanical Solenoid Valves industry.
This Insight Report provides a comprehensive analysis of the global Electromechanical Solenoid Valves landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electromechanical Solenoid Valves portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electromechanical Solenoid Valves market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electromechanical Solenoid Valves and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electromechanical Solenoid Valves.
The global Electromechanical Solenoid Valves market size is projected to grow from US$ 4099.1 million in 2022 to US$ 5228.4 million in 2029; it is expected to grow at a CAGR of 5228.4 from 2023 to 2029.
Global electromechanical solenoid valves key players include Emerson, Kendrion, Danfoss, etc. Global top 3 players hold a share over 25%. Asia-Pacific is the largest market, with a share about 45%, followed by North America and Europe, both have a share about 45 percent.In terms of product, sub-step direct-acting solenoid valves is the largest segment, with a share over 40%. And in terms of application, the largest application is home appliance, followed by automation.
This report presents a comprehensive overview, market shares, and growth opportunities of Electromechanical Solenoid Valves market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Direct-Acting Solenoid Valves
Sub-Step Direct-Acting Solenoid Valves
Pilot Solenoid Valves
Segmentation by application
Home Appliance
Automobile
General Industry
Automation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Emerson (ASCO & Sirai)
Kendrion
Danfoss
Parker
Bürkert
SMC
ETO Magnetic GmbH (ETO GRUPPE)
Norgren (IMI)
CKD
CEME
Saginomiya
ODE
GF Piping Systems (Georg Fischer)
YPC
PRO UNI-D
AirTac
Zhejiang Sanhua
Anshan Electromagnetic Valve
Juliang Valve
The Lee Company
Curtiss-Wright
OMEGA Engineering (Spectris)
Kaneko Sangyo
Takasago Electric
Masterflex (Avantor)
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electromechanical Solenoid Valves market?
What factors are driving Electromechanical Solenoid Valves market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electromechanical Solenoid Valves market opportunities vary by end market size?
How does Electromechanical Solenoid Valves break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.