Explosion Proof Solenoid Valves Market

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.

Explosion Proof Solenoid Valves Market contains market size and forecasts of Explosion Proof Solenoid Valves in global, including the following market information:

Global Explosion Proof Solenoid Valves Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Explosion Proof Solenoid Valves Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Explosion Proof Solenoid Valves companies in 2021 (%)

The global Explosion Proof Solenoid Valves market was valued at 582.4 million in 2021 and is projected to reach US$ 700.8 million by 2028, at a CAGR of 2.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Pilot Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Explosion Proof Solenoid Valves include ASCO, Parker, Kendrion, Festo, SMC, B?rkert, Norgren, CKD and KONAN ELECTRIC, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

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, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Explosion Proof Solenoid Valves Market Segment Percentages, by Type, 2021 (%)

Pilot Type

Direct Acting Type

Others

Global Explosion Proof Solenoid Valves Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Explosion Proof Solenoid Valves Market Segment Percentages, by Application, 2021 (%)

Chemical Industry

Petrochemical

Oil and Gas

Gas Pipe Network

Other

Global Explosion Proof Solenoid Valves Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Explosion Proof Solenoid Valves Market Segment Percentages, By Region and Country, 2021 (%)

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, 2017-2022 (Estimated), ($ millions)

Key companies Explosion Proof Solenoid Valves revenues share in global market, 2021 (%)

Key companies Explosion Proof Solenoid Valves sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Explosion Proof Solenoid Valves sales share in global market, 2021 (%)

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

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