Report overview
A solenoid valve is an electromechanically operated valve. 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.
Explosion Proof Solenoid Valves are solenoid valves for use on actuator control applications located in hazardous areas that are required to comply with the International Electrical Commission Explosive directives or ATEX EU, North American NEC directives.
This report aims to provide a comprehensive presentation of the global market for Explosion Proof Solenoid Valves, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Explosion Proof Solenoid Valves. This report contains market size and forecasts of Explosion Proof Solenoid Valves in global, including the following market information:
Global Explosion Proof Solenoid Valves Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Explosion Proof Solenoid Valves Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Explosion Proof Solenoid Valves companies in 2022 (%)
The global Explosion Proof Solenoid Valves market was valued at US$ 582.4 million in 2022 and is projected to reach US$ 700.8 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The world's leading manufacturers of explosion proof solenoid valves are Asco, Parker, Kendrion, Festo, SMC, Burkert, Norgren, CKD, Konan Electric and ODE.
We surveyed the Explosion Proof Solenoid Valves manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Explosion Proof Solenoid Valves Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Explosion Proof Solenoid Valves Market Segment Percentages, by Type, 2022 (%)
Pilot Type
Direct Acting Type
Others
Global Explosion Proof Solenoid Valves Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Explosion Proof Solenoid Valves Market Segment Percentages, by Application, 2022 (%)
Chemical Industry
Petrochemical
Oil and Gas
Gas Pipe Network
Other
Global Explosion Proof Solenoid Valves Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Explosion Proof Solenoid Valves Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Explosion Proof Solenoid Valves revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Explosion Proof Solenoid Valves revenues share in global market, 2022 (%)
Key companies Explosion Proof Solenoid Valves sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Explosion Proof Solenoid Valves sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ASCO
Parker
Kendrion
Festo
SMC
B?rkert
Norgren
CKD
KONAN ELECTRIC
ODE
Peter Paul valve
Airtec
Shanghao Hope
SHAKO
Rotex
Kaneko Corporation
JVL
Shanghai Taiming
Zhejiang Yongjiu
PRO UNI-D
Outline of Major Chapters:
Chapter 1: Introduces the definition of Explosion Proof Solenoid Valves, market overview.
Chapter 2: Global Explosion Proof Solenoid Valves market size in revenue and volume.
Chapter 3: Detailed analysis of Explosion Proof Solenoid Valves manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Explosion Proof Solenoid Valves in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Explosion Proof Solenoid Valves capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
