Solenoid Valves - Global Strategic Business Report

The global market for Solenoid Valves is estimated at US$4.0 Billion in 2023 and is projected to reach US$5.2 Billion by 2030, growing at a CAGR of 3.6% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

Market Growth: Understand the significant growth trajectory of the Brass Solenoid Valves segment, which is expected to reach US$2.3 Billion by 2030 with a CAGR of a 4.0%. The Stainless Steel Solenoid Valves segment is also set to grow at 3.6% CAGR over the analysis period.
Regional Analysis: Gain insights into the U.S. market, estimated at $829.5 Million in 2023, and China, forecasted to grow at an impressive 4.7% CAGR to reach $989.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

Detailed Market Analysis: Access a thorough analysis of the Global Solenoid Valves Market, covering all major geographic regions and market segments.
Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Solenoid Valves Market.
Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

How is the Global Solenoid Valves Market expected to evolve by 2030?
What are the main drivers and restraints affecting the market?
Which market segments will grow the most over the forecast period?
How will market shares for different regions and segments change by 2030?
Who are the leading players in the market, and what are their prospects?

Report Features:

Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
Company Profiles: Coverage of major players such as Aira Euro Automation Pvt Ltd., AirTAC International Group, Anshan Solenoid Valve Co. Ltd., and more.
Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 172 Featured):

Aira Euro Automation Pvt Ltd.
AirTAC International Group
Anshan Solenoid Valve Co. Ltd.
CEME SpA
Christian Bürkert GmbH & Co. KG
Cla-Val
Cole-Parmer Instrument Company, LLC.
Danfoss A/S
Emerson Electric Co.
GF Piping Systems
GSR ventilechnik GmbH & Co. Kg
Hansen Technology Corporation
Kaneko Sangyo Co. Ltd.
Kendrion N.V.
Ode srl
Omega Engineering, Inc.
Parker Hannifin Corp.
Peter Paul Electronics Co., Inc.
Rotex Controls, Inc.
SMC Corporation
Takasago Electric Co., Ltd.
The Lee Company

I. METHODOLOGYII. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Global Market Prospects & Outlook
World Solenoid Valves Market by End-Use (2024 & 2030): Percentage Breakdown of Sales for Chemical & Petrochemical, Oil & Gas, Water & Wastewater, Power Generation, Food & Beverage, and Other End-Uses
Solenoid Valve Market Expansion: Key Catalysts
Market Headwinds for Solenoid Valves: Growth Deterrents
Material Insights in the Solenoid Valve Market
World Solenoid Valves Market by Material (2024 & 2030): Percentage Breakdown of Sales for Brass, Stainless Steel, Aluminum, and Plastic
Global Solenoid Valve Market: A Geographic Analysis
World Solenoid Valves Market (2024 & 2030): Percentage Breakdown of Sales for Developed and Developing Regions
World Solenoid Valves Market - Geographic Regions Ranked by CAGR (Sales) for 2023-2030: China, Asia-Pacific, Latin America, Middle East, Africa, USA, Canada, Europe, and Japan
Competitive Scenario
Solenoid Valves - Global Key Competitors Percentage Market Share in 2024 (E)
Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024 (E)
Select Advancements
Global Economic Update
Navigating the New Normal: From Pandemic to Endemic COVID-19 and Beyond
Finding a Way to Steer the Inflation Challenge: A Global Economic Perspective
Global Oil Prices Remain Nervous Amid Acute Geopolitical Uncertainty & Tensions that Heighten Threat of Market Shocks: Global Average Annual Brent Crude Oil Price (In US$ Per Barrel) for Years 2017 through 2025F
While Still Not in the Comfort Zone, the Expected Steeper Fall in Inflation in 2024 Can Cushion Economic Growth by Easing Financial Conditions: Global Headline Inflation Rates (In %) for the Years 2019 through 2025F
Flat Growth for 2024 & A Possible Soft Landing, as the Global Economy Attempts to Balance Recovery While Navigating Through Wars, Political Conflicts & Inflation: World Economic Growth Projections (Real GDP, Annual % Change) for the Years 2022 Through 2025
An Introduction to Solenoid Valves
Solenoid Valves Support IoT and Automation
Recent Market Activity
Select Global Brands
Influencer Market Insights

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

An Insight into Solenoid Valves Market Trends
Future Directions in Solenoid Valve Technology
Demand for Smart Solenoid Valves Witnesses a Significant Increase
Demand for Explosion-Proof Solenoid Valves Witnesses a Significant Increase
Revitalizing the Chemical Sector: A Surge in Solenoid Valves Demand
Projected Stability in Capital Spending in the Chemical Industry Provides Opportunities for New and Replacement Demand for Solenoid Valves: CAPEX in the World Chemical Industry (In US$ Billion) for the Years 2018, 2020, 2022 and 2024E
World Oilfield Chemicals Market by Geographic Region - Annual Sales in US$ Million for Years 2022, 2026F and 2030F
Growing Demand for Advanced Solenoid Valves in Plastic Production
Global Plastics Production Output in Million Tons for the Years 2011 through 2025F
Global Plastics Production by Region/Country (in %): 2024E
Global Plastics Usage by Sector (in %): 2025E
Global Oil Refining Market: Navigating the Dual Terrain of Challenges and Opportunities for Solenoid Valves
With Growth Skewed Towards Alternative Liquid Fuels, Oil Refineries Face a High Risk Exposure as the Oil Shake Up Marks the Transition Towards a Low Carbon Economy: Global Liquid Fuel Cumulative Demand Growth (In 000 Barrels Per Day) by Type for the Years 2019 Through 2023E
Cornering a Large Percentage of New Refining Capacity Additions, Developing Regions & the USA Emerge as Lucrative Pockets of Growth for Solenoid Valves in the Oil Refining Sector: Global Gross New Refining Capacity Additions & Expansions (In 000 Barrels Per Day) by Region for the Years 2018, 2021 & 2023E
Market Dynamics of Solenoid Valves in the Oil & Gas Sector
Global E&P CAPEX for the Period 2015-2024E
Advancements in Solenoid Valve Technology for Enhanced Heating Systems in Upstream Oil and Gas
Solenoid Valves for Low Temperature Applications in Arctic Region
Oil and Gas is Facing the Challenge of Transformation
Rising Global Energy Needs Drives Stable Growth of Solenoid Valves in the Power Generation Sector
Robust Outlook for Clean Coal Power to Drive Demand for Solenoid Valves: Global Thermal Power Generated from Coal (In Million Kilowatt-hours) by Region for the Years 2018, 2021E and 2024P
Growing Importance of Automation & Technology Drive Solenoid Valves Usage in Food & Beverage Industry
Global Sales of Processed Foods in US$ Billion for Years 2014 through 2024E
Healthy Market for Processed Food to Benefit Demand for Solenoid Valves in the Food Processing Sector
Demand for Solenoid Valves Benefit from the Growing Demand for Packaged Food: World Retail Market for Food & Beverages (in US$ Trillion) for the Years 2017, 2023E & 2025F
Dairy Products: Churning Out New Opportunities for Solenoid Valves
Global Production of Butter, Cheese, Skim Milk Powder, and Whole Milk Powder (in Kilo Tons) by Developed and Developing Countries for 2017 and 2026
Strong Demand for Beverages Spurs Growth
Global Beverage Market (2025E): Percentage Breakdown of Sales by Beverage Type - Beer, Carbonated Soft Drinks, Coffee, Fruit & Vegetable Juices, Milk, Packaged Water, Tea and Others
Northbound Trajectory in the Construction Sector to Favor Market Growth
Global Construction Spending (in US$ Trillion) for the Years 2020-2028
Manufacturing Sector: A Prominent Consumer
Global Investments on Industry 4.0 Technologies (in US$ Billion) for the Years 2017, 2020, 2023E & 2025F
Advent of Innovative Technologies Fuel Demand for Solenoid Valves
Solenoid Valves Gaining Ground in Automation and IoT Industry Applications
Solenoid Valves for Medical Device Applications
Use of Rotary Solenoid Valves for Manufacturing Diagnostic and Analytical Equipment Gains Momentum
Use of Solenoid Valves in Automotive Industry
Burgeoning Automobile Sectors Foster Demand for Solenoid Valves
Customized Solenoid Valves for Satellite Propulsion Systems
Miniature Solenoid Valves Market: An Insightful Overview
Revolutionizing Process Control: The Impact of Advanced Low-Power Solenoid Valve Technology
Solenoid Pinch Valves Beneficial for Sensitive Applications
Solenoid Value Advancements and Research Efforts- A Brief Review

4. GLOBAL MARKET PERSPECTIVE

TABLE 1: World Solenoid Valves Market Analysis of Annual Sales in US$ Thousand for Years 2014 through 2030
TABLE 2: World Recent Past, Current & Future Analysis for Solenoid Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 3: World Historic Review for Solenoid Valves by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 4: World 16-Year Perspective for Solenoid Valves by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2014, 2024 & 2030
TABLE 5: World Recent Past, Current & Future Analysis for Brass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 6: World Historic Review for Brass by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 7: World 16-Year Perspective for Brass by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
TABLE 8: World Recent Past, Current & Future Analysis for Stainless Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 9: World Historic Review for Stainless Steel by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 10: World 16-Year Perspective for Stainless Steel by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
TABLE 11: World Recent Past, Current & Future Analysis for Aluminum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 12: World Historic Review for Aluminum by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 13: World 16-Year Perspective for Aluminum by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
TABLE 14: World Recent Past, Current & Future Analysis for Plastic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 15: World Historic Review for Plastic by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 16: World 16-Year Perspective for Plastic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
TABLE 17: World Recent Past, Current & Future Analysis for Chemical & Petrochemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 18: World Historic Review for Chemical & Petrochemical by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 19: World 16-Year Perspective for Chemical & Petrochemical by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
TABLE 20: World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 21: World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 22: World 16-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
TABLE 23: World Recent Past, Current & Future Analysis for Water & Wastewater by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 24: World Historic Review for Water & Wastewater by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 25: World 16-Year Perspective for Water & Wastewater by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
TABLE 26: World Recent Past, Current & Future Analysis for Power Generation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 27: World Historic Review for Power Generation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 28: World 16-Year Perspective for Power Generation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
TABLE 29: World Recent Past, Current & Future Analysis for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 30: World Historic Review for Food & Beverage by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 31: World 16-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030
TABLE 32: World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2023 through 2030 and % CAGR
TABLE 33: World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Thousand for Years 2014 through 2022 and % CAGR
TABLE 34: World 16-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2014, 2024 & 2030

III. MARKET ANALYSIS

UNITED STATES

Solenoid Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2024 (E)

CANADA

Solenoid Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Canada for 2024 (E)

JAPAN

Solenoid Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2024 (E)

CHINA

Solenoid Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2024 (E)

EUROPE

Solenoid Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2024 (E)

FRANCEGERMANYITALYUNITED KINGDOMSPAINRUSSIAREST OF EUROPE

ASIA-PACIFIC

Solenoid Valves Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2024 (E)

AUSTRALIAINDIASOUTH KOREAREST OF ASIA-PACIFICLATIN AMERICAARGENTINABRAZILMEXICOREST OF LATIN AMERICAMIDDLE EASTIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTAFRICAIV. COMPETITION

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

Aira Euro Automation Pvt Ltd.
AirTAC International Group
Anshan Solenoid Valve Co. Ltd.
CEME SpA
Christian Bürkert GmbH & Co. KG
Cla-Val
Cole-Parmer Instrument Company, LLC.
Danfoss A/S
Emerson Electric Co.
GF Piping Systems
GSR ventilechnik GmbH & Co. Kg
Hansen Technology Corporation
Kaneko Sangyo Co. Ltd.
Kendrion N.V.
Ode srl
Omega Engineering, Inc.
Parker Hannifin Corp.
Peter Paul Electronics Co., Inc.
Rotex Controls, Inc.
SMC Corporation
Takasago Electric Co., Ltd.
The Lee Company

Table Information

Report Attribute	Details
No. of Pages	692
Published	October 2024
Forecast Period	2023 - 2030
Estimated Market Value ( USD ) in 2023	$ 4 Billion
Forecasted Market Value ( USD ) by 2030	$ 5.2 Billion
Compound Annual Growth Rate	3.6%
Regions Covered	Global

License	Format	Properties	Price
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ENTERPRISE LICENSE PDF	The product is a PDF.	This is an enterprise license, allowing all employees within your organization access to the product.	€15645EUR$16,350USD£13,017GBP

Key Insights:

Why You Should Buy This Report:

Key Questions Answered:

Report Features:

Select Competitors (Total 172 Featured):

Table of Contents

Companies Mentioned (Partial List)

Table Information

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