Solenoid Valve Market Size, Share, Trends, Growth 2032
Solenoid Valve Market By Body Material (Stainless Steel, Brass, Aluminium, and Plastic), By Valve Design Type (2-Way, 3-Way, 4-Way, and 5-Way), By End User (Oil and Gas, Chemical and Petrochemical, Water and Wastewater, Food and Beverages, Power Generation, Pharmaceuticals, Automotive, Medical, Others): Global Industry Perspective, Comprehensive Analysis and Forecast, 2024 - 2032-
| Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 4.62 Billion | USD 7.12 Billion | 4.92% | 2023 |
Table Of Content
- Chapter 1.Preface
- 1.1.Report Description
- 1.2.Report Scope
- Chapter 2.Research Methodology
- 2.1.Research Methodology
- 2.2.Secondary Research
- 2.3.Primary Research
- 2.4.Models
- 2.4.1.Company Share Analysis Model
- 2.4.2.Revenue Based Modeling
- 2.5.Research Limitations
- Chapter 3.Executive Summary
- 3.1.Global Sulenoid Valve Market, 2016 – 2026 (USD Billion)
- 3.2.Global Sulenoid Valve Market: Snapshot
- Chapter 4.Sulenoid Valve Market – Industry Analysis
- 4.1.Introduction
- 4.2.Market Drivers
- 4.2.1.Driving Factor 1 Analysis
- 4.2.2.Driving Factor 2 Analysis:
- 4.3.Market Restraints
- 4.3.1.Restraining Factor Analysis
- 4.4.Market Opportunities
- 4.4.1.Market Opportunity & Use-case Anaysis
- 4.4.2.Use – Cases for Sulenoid Valve
- 4.5.Porter’s Five Forces Analysis
- 4.6.COVID 19 Impact Analysis
- 4.6.1.1.Impact on Product Development and Technology Adoption
- 4.6.1.2.Gap Analysis
- Chapter 5.Investment Proposition Analysis
- 5.1.Global Sulenoid Valve Market Attractiveness, By Body Material
- 5.2.Global Sulenoid Valve Market Attractiveness, By Valve Design Type
- 5.3.Global Sulenoid Valve Market Attractiveness, By End User
- 5.4.Global Sulenoid Valve Market Attractiveness, By Region
- Chapter 6.Competitive Landscape
- 6.1.Company Market Share Analysis - 2019
- 6.1.1.Global Sulenoid Valve Market: Company Market Share, 2019
- 6.2.Strategic Developments
- 7.1.Global Sulenoid Valve Market Overview: by Body Material
- 7.1.1.Global Sulenoid Valve Market Revenue Share, by Body Material, 2019 & 2026
- 7.2.Global Sulenoid Valve Market Analysis/Overview – By Body Material
- 7.2.1.Stainless Steel – Overview/Analysis
- 7.2.2.Brass – Overview/Analysis
- 7.2.3.Aluminium – Overview/Analysis
- 7.2.4.Plastic – Overview/Analysis
- 7.3.Stainless Steel
- 7.3.1.Global Sulenoid Valve Market for Stainless Steel, Revenue (USD Billion) 2016 - 2026
- 7.4.Brass
- 7.4.1.Global Sulenoid Valve Market for Brass, Revenue (USD Billion) 2016 - 2026
- 7.5.Aluminium
- 7.5.1.Global Sulenoid Valve Market for Aluminium, Revenue (USD Billion) 2016 - 2026
- 7.6.Plastic
- 7.6.1.Global Sulenoid Valve Market for Plastic, Revenue (USD Billion) 2016 - 2026
- 8.1.Global Sulenoid Valve Market Overview: by Valve Design Type
- 8.1.1.Global Sulenoid Valve Market Revenue Share, by Valve Design Type, 2019 & 2026
- 8.2.Global Sulenoid Valve Market Analysis/Overview – By Valve Design Type
- 8.2.1.2-Way – Overview/Analysis
- 8.2.2.3-Way – Overview/Analysis
- 8.2.3.4-Way – Overview/Analysis
- 8.2.4.5-Way – Overview/Analysis
- 8.3.2-Way
- 8.3.1.Global Sulenoid Valve Market for 2-Way, Revenue (USD Billion) 2016 - 2026
- 8.4.3-Way
- 8.4.1.Global Sulenoid Valve Market for 3-Way, Revenue (USD Billion) 2016 - 2026
- 8.5.4-Way
- 8.5.1.Global Sulenoid Valve Market for 4-Way, Revenue (USD Billion) 2016 - 2026
- 8.6.5-Way
- 8.6.1.Global Sulenoid Valve Market for 5-Way, Revenue (USD Billion) 2016 - 2026
- 9.1.Global Sulenoid Valve Market Overview: by End User
- 9.1.1.Global Sulenoid Valve Market Revenue Share, by End User, 2019 & 2026
- 9.2.Global Sulenoid Valve Market Analysis/Overview – By End User
- 9.2.1.Oil and Gas – Overview/Analysis
- 9.2.2.Chemical and Petrochemical – Overview/Analysis
- 9.2.3.Water and Wastewater – Overview/Analysis
- 9.2.4.Food and Beverages – Overview/Analysis
- 9.2.5.Power Generation – Overview/Analysis
- 9.2.6.Pharmaceuticals – Overview/Analysis
- 9.2.7.Automotive – Overview/Analysis
- 9.2.8.Medical – Overview/Analysis
- 9.2.9.Others – Overview/Analysis
- 9.3.Oil and Gas
- 9.3.1.Global Sulenoid Valve Market for Oil and Gas, Revenue (USD Billion) 2016 - 2026
- 9.4.Chemical and Petrochemical
- 9.4.1.Global Sulenoid Valve Market for Chemical and Petrochemical, Revenue (USD Billion) 2016 - 2026
- 9.5.Water and Wastewater
- 9.5.1.Global Sulenoid Valve Market for Water and Wastewater, Revenue (USD Billion) 2016 - 2026
- 9.6.Food and Beverages
- 9.6.1.Global Sulenoid Valve Market for Food and Beverages, Revenue (USD Billion) 2016 - 2026
- 9.7.Power Generation
- 9.7.1.Global Sulenoid Valve Market for Power Generation, Revenue (USD Billion) 2016 - 2026
- 9.8.Pharmaceuticals
- 9.8.1.Global Sulenoid Valve Market for Pharmaceuticals, Revenue (USD Billion) 2016 - 2026
- 9.9.Automotive
- 9.9.1.Global Sulenoid Valve Market for Automotive, Revenue (USD Billion) 2016 - 2026
- 9.1.Medical
- 9.10.1.Global Sulenoid Valve Market for Medical, Revenue (USD Billion) 2016 - 2026
- 9.11.Others
- 9.11.1.Global Sulenoid Valve Market for Others, Revenue (USD Billion) 2016 - 2026
- 6.1.Company Market Share Analysis - 2019
- Chapter 10.Sulenoid Valve Market – Regional Analysis
- 10.1.Global Sulenoid Valve Market: Regional Overview
- 10.1.1.Global Sulenoid Valve Market Revenue Share, by Region, 2019 & 2026
- 10.1.2.Global Sulenoid Valve Market Revenue, by Region, 2016 – 2026 (USD Billion)
- 10.2.North America
- 10.2.1.North America Sulenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
- 10.2.2.North America Sulenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 10.2.3.North America Sulenoid Valve Market Revenue, by Body Material, 2016 – 2026
- 10.2.4.North America Sulenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026
- 10.2.5.North America Sulenoid Valve Market Revenue, by End User, 2016 – 2026
- 10.2.6. U.S.
- 10.2.7.Canada
- 10.3.Europe
- 10.3.1.Europe Sulenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
- 10.3.2.Europe Sulenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 10.3.3.Europe Sulenoid Valve Market Revenue, by Body Material, 2016 – 2026
- 10.3.4.Europe Sulenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026
- 10.3.5.Europe Sulenoid Valve Market Revenue, by End User, 2016 – 2026
- 10.3.6.Germany
- 10.3.7.France
- 10.3.8. U.K.
- 10.3.9.Italy
- 10.3.10.Spain
- 10.3.11.Rest of Europe
- 10.4.Asia Pacific
- 10.4.1.Asia Pacific Sulenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
- 10.4.2.Asia Pacific Sulenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 10.4.3.Asia Pacific Sulenoid Valve Market Revenue, by Body Material, 2016 – 2026
- 10.4.4.Asia Pacific Sulenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026
- 10.4.5.Asia Pacific Sulenoid Valve Market Revenue, by End User, 2016 – 2026
- 10.4.6.China
- 10.4.7.Japan
- 10.4.8.India
- 10.4.9.South Korea
- 10.4.10.South-East Asia
- 10.4.11.Rest of Asia Pacific
- 10.5.Latin America
- 10.5.1.Latin America Sulenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
- 10.5.2.Latin America Sulenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 10.5.3.Latin America Sulenoid Valve Market Revenue, by Body Material, 2016 – 2026
- 10.5.4.Latin America Sulenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026
- 10.5.5.Latin America Sulenoid Valve Market Revenue, by End User, 2016 – 2026
- 10.5.6.Brazil
- 10.5.7.Mexico
- 10.5.8.Rest of Latin America
- 10.6.The Middle-East and Africa
- 10.6.1.The Middle-East and Africa Sulenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
- 10.6.2.The Middle-East and Africa Sulenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
- 10.6.3.The Middle-East and Africa Sulenoid Valve Market Revenue, by Body Material, 2016 – 2026
- 10.6.4.The Middle-East and Africa Sulenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026
- 10.6.5.The Middle-East and Africa Sulenoid Valve Market Revenue, by End User, 2016 – 2026
- 10.6.6.GCC Countries
- 10.6.7.South Africa
- 10.6.8.Rest of Middle-East Africa
- 10.1.Global Sulenoid Valve Market: Regional Overview
- Chapter 11.Company Profiles
- 11.1.ASCO Valve, Inc.
- 11.1.1.Company Overview
- 11.1.2.Financial Overview
- 11.1.3.Product Portfolio
- 11.1.4.Business Strategy
- 11.1.5.Recent Developments
- 11.2.Danfoss A/S
- 11.3.CKD Corporation
- 11.4.Christian Bürkert GmbH & Co. KG
- 11.5.SMC Corporation of America
- 11.6.IMI plc Company
- 11.7.GSR Ventiltechnik GmbH & Co. KG
- 11.8.ODE s.r.l.
- 11.9.Kaneko Sangyo Co., Ltd.
- 11.1.CEME S.p.A.
- 11.11.Takasago Electric Industry Co., Ltd.
- 11.12.Parker Hannifin Corp.
- 11.13.Ningbo Mailing Pneumatic Co., Ltd.
- 11.1.ASCO Valve, Inc.
Table Of Figures
List of Figures
FIG. 1 Research Methodology
FIG. 2 Research Methodology – Basic Overview
FIG. 3 Research Methodology – Detailed View
FIG. 4 Global Solenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
FIG. 5 Porter’s Five Forces Analysis for Global Solenoid Valve Market
FIG. 6 Global Solenoid Valve Market Attractiveness, By Body Material
FIG. 7 Global Solenoid Valve Market Attractiveness, By Valve Design Type
FIG. 8 Global Solenoid Valve Market Attractiveness, By End User
FIG. 9 Global Solenoid Valve Market Attractiveness, By End-User
FIG. 10 Company Share Analysis, 2019
FIG. 11 Global Solenoid Valve Market Revenue Share, by Body Material, 2019 & 2026
FIG. 12 Global Solenoid Valve Market for Stainless Steel, Revenue (USD Billion) 2016 - 2026
FIG. 13 Global Solenoid Valve Market for Brass, Revenue (USD Billion) 2016 - 2026
FIG. 14 Global Solenoid Valve Market for Aluminium, Revenue (USD Billion) 2016 - 2026
FIG. 15 Global Solenoid Valve Market for Plastic, Revenue (USD Billion) 2016 - 2026
FIG. 16 Global Solenoid Valve Market Revenue Share, by Valve Design Type, 2019 & 2026
FIG. 17 Global Solenoid Valve Market for 2-Way, Revenue (USD Billion) 2016 - 2026
FIG. 18 Global Solenoid Valve Market for 3-Way, Revenue (USD Billion) 2016 - 2026
FIG. 19 Global Solenoid Valve Market for 4-Way, Revenue (USD Billion) 2016 - 2026
FIG. 20 Global Solenoid Valve Market for 5-Way, Revenue (USD Billion) 2016 - 2026
FIG. 21 Global Solenoid Valve Market Revenue Share, by End User, 2019 & 2026
FIG. 22 Global Solenoid Valve Market for Oil and Gas, Revenue (USD Billion) 2016 - 2026
FIG. 23 Global Solenoid Valve Market for Chemical and Petrochemical, Revenue (USD Billion) 2016 - 2026
FIG. 24 Global Solenoid Valve Market for Water and Wastewater, Revenue (USD Billion) 2016 - 2026
FIG. 25 Global Solenoid Valve Market for Food and Beverages, Revenue (USD Billion) 2016 - 2026
FIG. 26 Global Solenoid Valve Market for Power Generation, Revenue (USD Billion) 2016 - 2026
FIG. 27 Global Solenoid Valve Market for Pharmaceuticals, Revenue (USD Billion) 2016 - 2026
FIG. 28 Global Solenoid Valve Market for Automotive, Revenue (USD Billion) 2016 - 2026
FIG. 29 Global Solenoid Valve Market for Medical, Revenue (USD Billion) 2016 - 2026
FIG. 30 Global Solenoid Valve Market for Others, Revenue (USD Billion) 2016 - 2026
FIG. 31 Global Solenoid Valve Market Revenue Share, by Region, 2019 & 2026
FIG. 32 North America Solenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
FIG. 33 Europe Solenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
FIG. 34 Asia Pacific Solenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
FIG. 35 Latin America Solenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
FIG. 36 The Middle-East and Africa Solenoid Valve Market Revenue, 2016 - 2026 (USD Billion)
FIG. 37 ASCO Valve, Inc. Business Segment Revenue Share, 2018 (%)
FIG. 38 ASCO Valve, Inc. Geographical Segment Revenue Share, 2018 (%)
Table Of Tables
List of Tables
TABLE 1 Global Solenoid Valve Market: Snapshot
TABLE 2 Drivers of the Solenoid Valve Market: Impact Analysis
TABLE 3 Restraints for the Solenoid Valve Market: Impact Analysis
TABLE 4 Global Solenoid Valve Market Revenue, by Region, 2016 – 2026 (USD Billion)
TABLE 5 North America Solenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 6 North America Solenoid Valve Market Revenue, by Body Material, 2016 – 2026 (USD Billion)
TABLE 7 North America Solenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026 (USD Billion)
TABLE 8 North America Solenoid Valve Market Revenue, by End User, 2016 – 2026 (USD Billion)
TABLE 9 Europe Solenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 10 Europe Solenoid Valve Market Revenue, by Body Material, 2016 – 2026 (USD Billion)
TABLE 11 Europe Solenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026 (USD Billion)
TABLE 12 Europe Solenoid Valve Market Revenue, by End User, 2016 – 2026 (USD Billion)
TABLE 13 Asia Pacific Solenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 14 Asia Pacific Solenoid Valve Market Revenue, by Body Material, 2016 – 2026 (USD Billion)
TABLE 15 Asia Pacific Solenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026 (USD Billion)
TABLE 16 Asia Pacific Solenoid Valve Market Revenue, by End User, 2016 – 2026 (USD Billion)
TABLE 17 Latin America Solenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 18 Latin America Solenoid Valve Market Revenue, by Body Material, 2016 – 2026 (USD Billion)
TABLE 19 Latin America Solenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026 (USD Billion)
TABLE 20 Latin America Solenoid Valve Market Revenue, by End User, 2016 – 2026 (USD Billion)
TABLE 21 The Middle-East and Africa Solenoid Valve Market Revenue, by Country, 2016 – 2026 (USD Billion)
TABLE 22 The Middle-East and Africa Solenoid Valve Market Revenue, by Body Material, 2016 – 2026 (USD Billion)
TABLE 23 The Middle-East and Africa Solenoid Valve Market Revenue, by Valve Design Type, 2016 – 2026 (USD Billion)
TABLE 24 The Middle-East and Africa Solenoid Valve Market Revenue, by End User, 2016 – 2026 (USD Billion)
Methodology
FrequentlyAsked Questions
A solenoid valve is an electromechanical device that regulates the passage of fluids (liquids or gases) within a system. It operates by generating a magnetic field that moves a plunger or armature, thereby opening or closing the valve, using an electric current. Solenoid valves are extensively employed in a variety of applications, such as industrial operations, HVAC systems, and irrigation systems.
The demand for solenoid valves to regulate fluid flow in automated systems is being driven by the increasing prevalence of automation in a variety of industries, such as manufacturing, oil and gas, and water treatment.
According to Zion Market Research, the global Solenoid Valve Market was worth USD 4.62 Billion in 2023. The market is forecast to reach USD 7.12 Billion by 2032.
According to Zion Market Research, the global Solenoid Valve Market a compound annual growth rate (CAGR) of 4.92% during the forecast period 2024-2032.
Further, the presence of well-established domestic players is expected to fuel the growth of the market in the Asia Pacific. The MEA solenoid valve market is anticipated to grow at a moderate rate in the years ahead.
Some main participants of the solenoid valve market are ASCO Valve, Inc., Danfoss A/S, CKD Corporation, Christian Bürkert GmbH & Co. KG, SMC Corporation of America, IMI plc Company, GSR Ventiltechnik GmbH & Co. KG, ODE s.r.l., Kaneko Sangyo Co., Ltd., CEME S.p.A., Takasago Electric Industry Co., Ltd., Parker Hannifin Corp., and Ningbo Mailing Pneumatic Co., Ltd. among others. Major players in the global market are focusing on strengthening their position in the target industry by applying various business strategies.
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