Global solenoid valve market is expected to grow at a steady rate during the forecast period. The global solenoid valve market is driven by the growing concerns pertaining to water pollution and need to remove organic pollutants from polluted water. This has increased the demand and need for wastewater treatment. The water treatment plants extensively require solenoid valves for performing different functions thereby propelling the market growth through 2027. Additionally, advantages such as affordability, reliability, compact size, safe & fast switching option, among others associated with solenoid valves is further expected to fuel the market growth over the next few years. However, power failure and voltage fluctuation issues can hamper the market growth during the forecast period.
The global solenoid valve market is segmented based on body material, design type, operating type, end user industry, company and region. Based on body material, the market can be categorized into stainless steel, brass, aluminium, plastic and others. The brass body material type is expected to dominate the market owing to the thermal conductivity and non-corrosive applications of brass. Based on end user industry, the market can be grouped into oil & gas, water & wastewater, food & beverage, chemical & petrochemical, power generation, automotive, pharmaceuticals and others. The oil & gas industry is expected to dominate the market owing to the extensive use of solenoid valves in oil & gas industry especially in the extraction process.
Regionally, the solenoid valve market
The major players operating in the solenoid valve market are ASCO Valve, Inc., Christian Bürkert GmbH & Co. KG, Curtiss-Wright Corporation, Danfoss Industries Ltd., GSR Ventiltechnik GmbH & Co. KG, Emerson Electric Company, Eaton Corporation, IMI Precision Engineering, Parker Hannifin Corporation, Omega Engineering and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Objective of the Study
- To analyze and estimate the market size of global solenoid valve market from 2024-2032 to 2024-2032.
- To estimate and forecast the market size of global solenoid valve market from 2024-2032 to 2027 and growth rate until 2027.
- To classify and forecast global solenoid valve market based on body material, design type, operating type, end user industry, company and regional distribution.
- To identify dominant region or segment in the global solenoid valve market.
- To identify drivers and challenges for global solenoid valve market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global solenoid valve market.
- To identify and analyze the profile of leading players operating in global solenoid valve market.
- To identify key sustainable strategies adopted by market players in global solenoid valve market.
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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of manufacturers across the globe. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturers which could not be identified due to the limitations of secondary research. Market insights research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
Market insights research calculated the market size of
Key Target Audience
- Solenoid valve manufacturers/ suppliers/ distributors
- Market research and consulting firms
- Government bodies such as regulating authorities and policy makers
- Organizations, forums and alliances related to solenoid valve
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2024-2032 |
| Historical Data | 2024-2032 – 2024-2032 |
| Estimated Year | 2022 |
| Forecast Period | 2023 – 2027 |
| Quantitative Units | Revenue in USD Million and CAGR for 2024-2032-2024-2032 and 2022E-2027F |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Body Material · Design Type · Operating Type · End User Industry |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy; South Africa, UAE, Saudi Arabia; Kuwait; Brazil, Argentina, Colombia; |
| Key companies profiled | ASCO Valve, Inc., Christian Bürkert GmbH & Co. KG, Curtiss-Wright Corporation, Danfoss Industries Ltd., GSR Ventiltechnik GmbH & Co. KG, Emerson Electric Company, Eaton Corporation, IMI Precision Engineering, Parker Hannifin Corporation, Omega Engineering. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
