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Solenoid Valve Market, by Type (2-way, 3-way, 4-way, 5-way), Body Material (Brass Body, Stainless Steel, Aluminum Body, Plastic Body), Operating Type (Direct, Indirect, semi-direct), End User Industry (Chemical & Petrochemical, Oil & Gas, Food & Beverages, Water & Wastewater, Power Generation, Automotive, Pharmaceutical, Medical, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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Solenoid valve is a type of valve that is operated electromechanically. It is controlled by electric current and possesses a solenoid which functions under electromagnetic field. The valve can be two-port or three-port. In case of two-port valve the flow can simply be switched on or off, whereas, in case of three-port valve the flow can be switched between the two outlet ports. Solenoid valves are mostly used in the field of fluidics and serve multiple tasks such as release, shut off, and distribution of mixed fluids. Solenoids are safe and provide fast switching. They are highly reliable and durable for a long period. They have good compatibility, and low control power which makes it more efficient to be used across diverse industries. This report studies the current and future aspects of solenoid valve market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the solenoid valve market. The scope of this report covers the solenoid valve market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • Solenoid valve has various applications in diverse verticals such as oil and gas, chemicals, petrochemicals, pharmaceuticals, and so on. This is contributing towards the increased popularity of the solenoid valve resulting in market growth. The benefit of being controlled electronically is another factor driving the solenoid valve market globally.
  • In addition, solenoid valves are increasingly being adopted and used in various industrial processes and increasing favored for greater process automation which is contributing towards market growth. Technical issues associated with solenoid valve such as incomplete closing and opening of the valves, occurrence of unusual sounds and coil problems can hamper the market growth.
  • Moreover, the flow factor or the valve can act as a major market restraint. However, the rise in water treatment plants is creating newer growth opportunities for the solenoid valve market.

The global solenoid valve market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America region holds the highest market share and is the largest revenue contributors for the solenoid valve market. The region shall continue to dominate over the forecasted period because of the increased use of solenoid valve across various industries. Next in line is the Europe and Asia-Pacific region which are witnessing a rapid market growth due to growing awareness for clean and hygienic drinking water. Considering the multiple benefits of solenoid valve, the market is estimated to grow at a rapid pace globally.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s solenoid valve market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the solenoid valve market by the following segments:

  • Solenoid Valve Market, by Type
    • 2-way
    • 3-way
    • 4-way
    • 5-way
  • Solenoid Valve Market, by Body Material
    • Brass Body
    • Stainless Steel
    • Aluminum Body
    • Plastic Body
  • Solenoid Valve Market, by Operating Type
    • Direct
    • Indirect
    • Semi-direct
  • Solenoid Valve Market, by End-user Industry
    • Chemical & Petrochemical
    • Oil & Gas
    • Food & Beverages
    • Water & Wastewater
    • Power Generation
    • Automotive
    • Pharmaceutical
    • Medical
    • Others

KEY MARKET PLAYERS

Key players in the solenoid valve market include:

  • Curtiss-Wright Corporation
  • Asco Valve, Inc.
  • Christian Bürkert GmbH & Co. Kg
  • GSR Ventiltechnik GmbH & Co. Kg
  • Danfoss A/S
  • Parker Hannifin Corporation
  • IMI PLC
  • Rotex Controls B.V.
  • The Lee Company
  • SMC Corporation

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

TRENDING RELATED REPORT

Control Valves Market, by Size, by Component (Actuators, Valve Body), Valve Type (Rotary Valves (Ball Valves, Butterfly Valves, Plug Valves), Linear Valves (Gate Valves, Diaphragm Valves, Other Valves)), Size (Up to 1”, 1”-6”, 6”-25”, 25”- 50”, 50” and Above), Industry (Oil & Gas, Water & Waste Water, Energy & Power, Chemicals, Food & Beverages, Pharmaceuticals, Building & Construction) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022


  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Technology Roadmap
  5. SOLENOID VALVE MARKET, BY TYPE
    1. Segment Share
    2. By Type
      1. 2-way,
      2. 3-way,
      3. 4-way
      4. 5-way
  6. SOLENOID VALVE MARKET, BY BODY MATERIAL
    1. Segment Share
    2. By Body Material
      1. Brass Body
      2. Stainless Steel
      3. Aluminum Body
      4. Plastic Body
  7. SOLENOID VALVE MARKET, BY OPERATING TYPE
    1. Segment Share
    2. By Operating Type
      1. Direct
      2. Indirect
      3. Semi-direct
  8. SOLENOID VALVE MARKET, BY END-USER INDUSTRY
    1. Segment Share
    2. By End-user Industry
      1. Chemical & Petrochemical
      2. Oil & Gas
      3. Food & Beverages
      4. Water & Wastewater
      5. Power Generation
      6. Automotive
      7. Pharmaceutical
      8. Medical
      9. Others
  9. SOLENOID VALVE MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Type
      3. By Body Material
      4. By Operating Type
      5. By End-user Industry
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Type
      3. By Body Material
      4. By Operating Type
      5. By End-user Industry
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Type
      3. By Body Material
      4. By Operating Type
      5. By End-user Industry
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Type
      3. By Body Material
      4. By Operating Type
      5. By End-user Industry
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Type
      3. By Body Material
      4. By Operating Type
      5. By End-user Industry
  10. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  11. KEY MARKET PLAYERS
    1. Curtiss-Wright Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. Asco Valve, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Christian Bürkert GmbH & Co. Kg
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. GSR Ventiltechnik GmbH & Co. Kg
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Danfoss A/S
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Parker Hannifin Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. IMI PLC
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Rotex Controls B.V.
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. The Lee Company
      1. Overview
      2. Key Strategies
      3. Key Developments
    10. SMC Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
  12. SCALAR 360 DEGREE MARKET PERSPECTIVE
  13. APPENDIX
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