PUBLISHER: TechNavio | PRODUCT CODE: 1777138
PUBLISHER: TechNavio | PRODUCT CODE: 1777138
The solenoid valves market is forecasted to grow by USD 1,428.1 mn during 2024-2029, accelerating at a CAGR of 4.7% during the forecast period. The report on the solenoid valves market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by relentless pace of industrial automation and industry 4.0 integration, global energy transition and rising demand for sustainable solutions, and technological innovation and miniaturization in high-value industries.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 4.5% |
CAGR | 4.7% |
Incremental Value | $1,428.1 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's solenoid valves market is segmented as below:
By Type
By Material
By Product Type
By Sector
By Geographical Landscape
This study identifies the the proliferation of intelligent valves and iiot integration as one of the prime reasons driving the solenoid valves market growth during the next few years. Also, rising demand for application-specific and highly customized solutions and pervasive focus on energy efficiency and sustainable product design will lead to sizable demand in the market.
The report on the solenoid valves market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading solenoid valves market vendors that include Airtac International Group, Bosch Rexroth AG, Christian Burkert GmbH and Co. KG, Camozzi Automation S.p.A., CEME S.p.A., CKD Corp., Danfoss AS, Emerson Electric Co., Festo SE and Co. KG, GEMU Group, Honeywell International Inc., IMI Process Automation, Kendrion NV, Parker Hannifin Corp., SMC Corp., Takasago Electric Inc., and Valcor Engineering Corp.. Also, the solenoid valves market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: