Solenoid Valve Market - Global Industry Analysis

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, 2020 – 2026

Published Date: 20-Oct-2020 Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-364 Status : Published

According to the report published by Zion Market Research, global demand for Solenoid Valve Market was valued at approximately USD 4.1 Billion in 2019, and is expected to generate revenue of around USD 5.4 Billion by end of 2026, growing at a CAGR of around 4% between 2020 and 2026.

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Description

Global Solenoid Valve Market: Overview

According to the report published by Zion Market Research, global demand for Solenoid Valve Market was valued at approximately USD 4.1 Billion in 2019 and is expected to generate revenue of around USD 5.4 Billion by end of 2026, growing at a CAGR of around 4% between 2020 and 2026.

Solenoid valve refers to the system within which solenoid is used in order to control valve activation. In the solenoid valve, electrical current flows within the solenoid valve. Solenoid valves are known to be electromechanically controlled valves used to regulate gas or liquid flow. Solenoid valves are most widely used as control components in fluids. They perform a number of functions, such as releasing, shutting down, combining or distributing fluids.

Global Solenoid Valve Market: Growth Factors

As the solenoid valve industry is progressing at a fast speed, a substantial rise is anticipated in the coming years. New innovations are emerging in the solenoid valve industry due to continuous advances. The factors driving the global evolution of the solenoid valve industry are the increased use of solenoid valves in different industrial sectors, poor power usage, and lower prices. In addition, the production of new solenoid valves, such as micro-miniature, pinch, and personalized valves, has stimulated the global growth of the solenoid valve industry. Few issues have had a detrimental effect on the market development of the solenoid valve; some of them are power failure, an incorrect voltage that can impair the function of the solenoid valve, as a result of which the solenoid valve cannot be opened, and so on are typical problems associated with the solenoid valve.

Report Scope:

Report Attribute	Details
Base Year	2020
Historic Years	2016 - 2020
Forecast Years	2021 - 2028
Segments Covered	By Product Type, By Application, and By End Use
Forecast Units	Value (USD Billion), and Volume (Units)
Quantitative Units	Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered	North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered	U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered	10 companies with scope for including additional 15 companies upon request
Report Coverage	Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope	Avail customized purchase options to meet your exact research needs.

Global Solenoid Valve Market: Segmentation

The global solenoid valve market is segmented based on material, valve design type, and end user. By body material, the target market is segmented as stainless steel, brass, aluminum, and plastic. On the basis of valve design type, the target market is divided into 2-way, 3-way, 4-way, and 5-way. On the basis of end-user, the target market is divided into oil and gas, chemical and petrochemical, water and wastewater, food and beverages, power generation, pharmaceuticals, automotive, medical, and others.

Region-wise, the global market is segregated into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

Global Solenoid Valve Market: Regional Analysis

The North America and Europe solenoid valve market are projected to hold a significant share globally in the future, owing to a well-established health care system, strong research & development infrastructure, technological advancements, and the presence of major players in these regions. 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.

Global Solenoid Valve Market: Competitive Players

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.

Solenoid Valve Market: Regional Segment Analysis

North America
- The U.S.
- Canada
Europe
- France
- The UK
- Spain
- Germany
- Italy
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- Southeast Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of The Middle East & Africa

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
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
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.

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)

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FrequentlyAsked Questions

What are the key factors driving Solenoid Valve Market expansion?

What will be the value of Solenoid Valve Market during 2020- 2026?

According to Zion Market Research, global demand for Solenoid Valve Market is expected to generate revenue of around USD 5.4 Billion by end of 2026, growing at a CAGR of around 4% between 2020 and 2026.

Which region will make notable contributions towards global Solenoid Valve Market revenue?

The North America solenoid valve market is projected to hold the significant share globally in the future. The growth is attributed well-established health care system, strong research & development infrastructure, technological advancements, and presence of major players in regions are expected to propel the demand.