Report overview
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
This report aims to provide a comprehensive presentation of the global market for 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 Solenoid Valves. This report contains market size and forecasts of Solenoid Valves in global, including the following market information:
Global Solenoid Valves Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Solenoid Valves Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Solenoid Valves companies in 2022 (%)
The global Solenoid Valves market was valued at US$ 4664 million in 2022 and is projected to reach US$ 5912 million by 2029, at a CAGR of 3.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Solenoid Valves key players include ASCO, Kendrion, Danfoss, Parker, B?rkert, 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.
We surveyed the 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 Solenoid Valves Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solenoid Valves Market Segment Percentages, by Type, 2022 (%)
Direct-acting Type
Sub-step Direct-acting Type
Pilot-type
Global Solenoid Valves Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Solenoid Valves Market Segment Percentages, by Application, 2022 (%)
Home Appliance
Automobile
General Industry
Automation
Others
Global Solenoid Valves Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global 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 Solenoid Valves revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Solenoid Valves revenues share in global market, 2022 (%)
Key companies Solenoid Valves sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Solenoid Valves sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ASCO
Kendrion
Danfoss
Parker
B?rkert
SMC
Norgren
CKD
CEME
Sirai
Saginomiya
ODE
Takasago Electric
YPC
PRO UNI-D
Airtac
Zhejiang Sanhua
Anshan Electromagnetic Value
Zhejiang Yongjiu
Juliang Valve
YONG CHUANG
Dongjiang Valves
Shanghai Kangyuan
Ningbo KeXing
Sanlixin
Shanghai Taiming
Yuyao No.4 Instrument Factory
Chongqing Dunming
Outline of Major Chapters:
Chapter 1: Introduces the definition of Solenoid Valves, market overview.
Chapter 2: Global Solenoid Valves market size in revenue and volume.
Chapter 3: Detailed analysis of 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 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 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.
