A solenoid valve is an electromechanical device in which thesolenoid uses an electric current to generate a magnetic field and thereby operate a mechanism which regulates the opening of fluid flow in a valve.
Solenoid valves are electromechanically operated valves and are used to control the rate of flow in fluid or air powered systems and are quite often just referred to as just \'solenoids\'. With automatic operation, solenoid valves are incredibly useful to engineers as they remove the need to manually operate valves. Solenoid valves are most commonly found in fluidics, fluid power pneumatic and hydraulic systems. They are normally constructed from robust materials such as stainless steel, aluminium, brass or plastic.
The Solenoid Valve market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Solenoid Valve.
This report covers the present status and the future prospects of the global Solenoid Valve market for 2015-2026.
The report offers detailed coverage of Solenoid Valve industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Solenoid Valve by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
IMI, Parker Hannifin, Danfoss, Christian Burkert, ASCO Valve, Curtiss-Wright, GSR Ventiltechnik, A.u.K. Muller
Market Segment as follows:
Market by Order Type
2-Way
3-Way
4-Way
5-Way
Solenoid Valve Breakdown Data by Application
Oil and Gas
Chemical and Petrochemical
Water and Wastewater
Food and Beverages
Power Generation
Pharmaceuticals
Automotive
Medical
Others
Solenoid Valve market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Solenoid Valve market for the forecast period 2021 - 2026?
• What are the driving forces in the Solenoid Valve market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Solenoid Valve industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.