Solenoid Valves Market by Material, Type, Valve Type, Operation, End-User

List of Tables

The Solenoid Valves Market is projected to reach USD 5.96 billion by 2030 from USD 4.22 billion in 2022, at a CAGR of 4.39% during the forecast period.

Global Solenoid Valves Market

KEY MARKET STATISTICS
Base Year Value [2022]	USD 4.22 billion
Estimated Year Value [2023]	USD 4.40 billion
Forecast Year Value [2030]	USD 5.96 billion
CAGR (%)	4.39%

Market Segmentation & Coverage:

This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Solenoid Valves Market.

Based on Material, market is studied across Body and Seal. The Body is further studied across Aluminum, Brass, Plastic, and Stainless Steel. The Seal is further studied across Ethylene Propylene Diene Terpolymer, Fluoroelastomers/Fluorocarbons, Nitrile Rubber, and Polytetrafluoroethylene. The Seal is projected to witness significant market share during forecast period.

Based on Type, market is studied across Direct-Acting Valves and Pilot-Operated Valves. The Direct-Acting Valves is projected to witness significant market share during forecast period.

Based on Valve Type, market is studied across 2-way, 3-way, 4-way, and 5-way. The 2-way is projected to witness significant market share during forecast period.

Based on Operation, market is studied across Normally Closed, Normally Open, and Universal. The Universal is projected to witness significant market share during forecast period.

Based on End-User, market is studied across Automotive, Chemical, Food & Beverage, Medical & Pharmaceuticals, Oil & Gas, Power Generation, and Water & Wastewater. The Power Generation is projected to witness significant market share during forecast period.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 41.28% in 2022, followed by Asia-Pacific.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is an indispensable tool for assessing the Solenoid Valves Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.

Market Share Analysis:

The Market Share Analysis offers invaluable insights into the vendor landscape Solenoid Valves Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.

Key Company Profiles:

The report delves into recent significant developments in the Solenoid Valves Market, highlighting leading vendors and their innovative profiles. These include Airtac International Group, Anshan solenoid valve Co., Ltd., Bosch Rexroth Corporation by Robert Bosch GmbH, CEME S.p.A., Christian Burkert GmbH & Co. KG, CKD Corporation, Curtiss-Wright Corporation, Danfoss A/S, Demark (Wuhan) Technology Co., Ltd., Emerson Electric Co., General Electric Company, GSR Ventiltechnik GmbH & Co. KG, IMI Critical Engineering, IMI PLC, Ingersoll Rand, Jekon Controls, Kanekosangyo Corporation, Kendrion N.V., MAC Valves, Inc., Mitsubishi Electric Corporation, Ningbo Jiaerling Pneumatic Machinery Co., Ltd., Norgren, Inc., ODE S.r.l., Parker-Hannifin Corporation, Peter Paul Electronics Co., Inc., Products · Eugen Seitz AG *Eugen Seitz AG, Rotex Automation Limited, Schneider Electric SE, Siemens AG, SMC Corporation Pvt. Ltd., Takasago Electric, Inc., The Lee Company, Uflow Automation, Valtorc International, and Yashima Export & Import Co., Ltd..

The report offers valuable insights on the following aspects:

1. Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.

2. Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.

3. Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.

4. Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.

5. Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast for the Solenoid Valves Market?

2. Which products, segments, applications, and areas hold the highest investment potential in the Solenoid Valves Market?

3. What is the competitive strategic window for identifying opportunities in the Solenoid Valves Market?

4. What are the latest technology trends and regulatory frameworks in the Solenoid Valves Market?

5. What is the market share of the leading vendors in the Solenoid Valves Market?

6. Which modes and strategic moves are suitable for entering the Solenoid Valves Market?

Product Code: MRR-DD0700E8200C

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Solenoid Valves Market, by Region

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growth of the oil & gas and chemical processing industries
  - 5.1.1.2. Government initiatives promoting industrial automation activities
  - 5.1.1.3. Use of solenoid valves to achieve energy efficiency
- 5.1.2. Restraints
  - 5.1.2.1. Technical limitations and failure of solenoid valves
- 5.1.3. Opportunities
  - 5.1.3.1. Ongoing R&D to improve designs and material compositions of solenoid valves
  - 5.1.3.2. Rising investments in wastewater treatment plants worldwide
- 5.1.4. Challenges
  - 5.1.4.1. Strict standards to ensure the quality of solenoid valves
5.2. Market Segmentation Analysis
- 5.2.1. Type: Growing demand for pilot-operated solenoid valves due to higher flow capacities and potentially longer lifespans
- 5.2.2. End-User: Expansive adoption of solenoid valves to improve energy efficiency in large-scale oil & gas and automotive industries
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Bargaining Power of Customers
- 5.5.4. Bargaining Power of Suppliers
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework

6. Solenoid Valves Market, by Material

6.1. Introduction
6.2. Body
- 6.3.1. Aluminum
- 6.3.2. Brass
- 6.3.3. Plastic
- 6.3.4. Stainless Steel
6.3. Seal
- 6.4.1. Ethylene Propylene Diene Terpolymer
- 6.4.2. Fluoroelastomers/Fluorocarbons
- 6.4.3. Nitrile Rubber
- 6.4.4. Polytetrafluoroethylene

7. Solenoid Valves Market, by Type

7.1. Introduction
7.2. Direct-Acting Valves
7.3. Pilot-Operated Valves

8. Solenoid Valves Market, by Valve Type

8.1. Introduction
8.2. 2-way
8.3. 3-way
8.4. 4-way
8.5. 5-way

9. Solenoid Valves Market, by Operation

9.1. Introduction
9.2. Normally Closed
9.3. Normally Open
9.4. Universal

10. Solenoid Valves Market, by End-User

10.1. Introduction
10.2. Automotive
10.3. Chemical
10.4. Food & Beverage
10.5. Medical & Pharmaceuticals
10.6. Oil & Gas
10.7. Power Generation
10.8. Water & Wastewater

11. Americas Solenoid Valves Market

11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Solenoid Valves Market

12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Solenoid Valves Market

13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape

14.1. FPNV Positioning Matrix
14.2. Market Share Analysis, By Key Player
14.3. Competitive Scenario Analysis, By Key Player
- 14.3.1. New Product Launch & Enhancement
  - 14.3.1.1. SMC Releases New Direct Operated 2-Port Solenoid Valve
- 14.3.2. Award, Recognition, & Expansion
  - 14.3.2.1. Rotex to Showcase Innovation And Niche Technology Capabilities at Auto Expo 2023
  - 14.3.2.2. Rotex Group Started Operations in UAE

15. Competitive Portfolio

15.1. Key Company Profiles
- 15.1.1. Airtac International Group
- 15.1.2. Anshan solenoid valve Co., Ltd.
- 15.1.3. Bosch Rexroth Corporation by Robert Bosch GmbH
- 15.1.4. CEME S.p.A.
- 15.1.5. Christian Burkert GmbH & Co. KG
- 15.1.6. CKD Corporation
- 15.1.7. Curtiss-Wright Corporation
- 15.1.8. Danfoss A/S
- 15.1.9. Demark (Wuhan) Technology Co., Ltd.
- 15.1.10. Emerson Electric Co.
- 15.1.11. General Electric Company
- 15.1.12. GSR Ventiltechnik GmbH & Co. KG
- 15.1.13. IMI Critical Engineering
- 15.1.14. IMI PLC
- 15.1.15. Ingersoll Rand
- 15.1.16. Jekon Controls
- 15.1.17. Kanekosangyo Corporation
- 15.1.18. Kendrion N.V.
- 15.1.19. MAC Valves, Inc.
- 15.1.20. Mitsubishi Electric Corporation
- 15.1.21. Ningbo Jiaerling Pneumatic Machinery Co., Ltd.
- 15.1.22. Norgren, Inc.
- 15.1.23. ODE S.r.l.
- 15.1.24. Parker-Hannifin Corporation
- 15.1.25. Peter Paul Electronics Co., Inc.
- 15.1.26. Products · Eugen Seitz AG *Eugen Seitz AG
- 15.1.27. Rotex Automation Limited
- 15.1.28. Schneider Electric SE
- 15.1.29. Siemens AG
- 15.1.30. SMC Corporation Pvt. Ltd.
- 15.1.31. Takasago Electric, Inc.
- 15.1.32. The Lee Company
- 15.1.33. Uflow Automation
- 15.1.34. Valtorc International
- 15.1.35. Yashima Export & Import Co., Ltd.
15.2. Key Product Portfolio

16. Appendix

16.1. Discussion Guide
16.2. License & Pricing