Solenoid Valves Market

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

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

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

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

Global top five Solenoid Valves companies in 2021 (%)

The global Solenoid Valves market was valued at 4664 million in 2021 and is projected to reach US$ 5912 million by 2028, at a CAGR of 3.4% during the forecast period.

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

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

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

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

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

Direct-acting Type

Sub-step Direct-acting Type

Pilot-type

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

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

Home Appliance

Automobile

General Industry

Automation

Others

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

Global 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 Solenoid Valves revenues in global market, 2017-2022 (Estimated), ($ millions)

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

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

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

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