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Solenoid Valve Market Research Report Information By Type (Direct-acting Valves and Pilot-operating Valves), By Function (2-Way, 3-Way, 4-Way, and 5-Way), By Industry (Oil & Gas, Chemical & Petrochemical, Power Generation, Pharmaceutical, Automotive, Medical, and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) Market Forecast Till 2032
Market Report I 2025-01-14 I 244 Pages I Market Research Future
Solenoid Valve Market Research Report Information By Type (Direct-acting Valves and Pilot-operating Valves), By Function (2-Way, 3-Way, 4-Way, and 5-Way), By Industry (Oil & Gas, Chemical & Petrochemical, Power Generation, Pharmaceutical, Automotive, Medical, and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) Market Forecast Till 2032
Market Overview
In 2023, the solenoid valve market was estimated to be worth USD 4,995.4 billion. During the forecast period (2024-2032), the Solenoid Valve market industry is anticipated to experience a compound annual growth rate (CAGR) of 3.9%, increasing from USD 5,175.2 Billion in 2024 to USD 7,016.7 Billion by 2032. Key market drivers that are fostering market growth include the increased adoption of solenoid valves in a variety of industries and the trend toward advanced technologies.
The increasing adoption of solenoids in various industrial sectors is the primary factor driving the market CAGR for solenoid valves. The solenoid is the valve that is employed most frequently in the food processing industry. The solenoid valves market is expanding due to the growing demand in the wastewater treatment industries. The market expansion will be stimulated by technological advancements and research and development activities. Solenoid valves are a sustainable option due to their low cost and inefficient power consumption.
The food industry extensively employs solenoid valves due to their ability to withstand extreme room temperatures, corrosive environments, and damp conditions. These valves are constructed from contaminant-resistant stainless-steel materials.
Market segment insights
The Solenoid Valve market segmentation is categorized by type, including direct-acting valves and pilot-operating valves.
The Solenoid Valve market is segmented according to function, including 2-way, 3-way, 4-way, and 5-way.
The Solenoid Valve market is segmented by application, including oil & gas, chemical & petrochemical, power generation, pharmaceutical, automotive, medical, and others.
Regional Perspectives
The study offers market insights into North America, Europe, Asia-Pacific, and the Rest of the World by region. The North American Solenoid Valves market is the most dominant in the industry due to the increasing adoption of advanced fluid automation technologies and the increasing applications in industries such as oil & gas, chemical, food & beverages, and water treatment. The manufacturing facilities of end-user industries are undergoing upgrades to modernize a variety of production processes in order to reduce the workforce and enhance efficiency.
The Solenoid Valve market in Europe is anticipated to experience the most rapid growth rate from 2023 to 2032. This is a result of the stringent rules and regulations that have led to an increase in the demand for food and beverage and medical services. In addition, the German Solenoid Valve market was the fastest-growing market in the European region, while the UK Solenoid Valve market held the highest market share.
The Asia-Pacific Solenoid Valve Market is the second-largest market share due to the significant increase in demand for solenoid valves and the opportunities presented by the various end-use industries. Moreover, the Indian Solenoid Valve market was the fastest-growing market in the Asia-Pacific region, while China's Solenoid Valve market possessed the largest market share.
Major Players
CKD Corporation, Emerson Electric Corporation, Kendrion, GF Piping, IMI Precision Engineering, Danfoss Industries Ltd., Curtiss Wright Corporation, Parker Hannifin Corporation, ASCO Valves Inc., Rotex SAutomation, SMC Corporation, The Lee Company, and other prominent players in the Solenoid Valve market.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 17
1.1 MARKET SUMMARY 17
1.2 MARKET ATTRACTIVENESS ANALYSIS 18
2 MARKET INTRODUCTION 19
2.1 DEFINITION 19
2.2 SCOPE OF THE STUDY 19
2.3 RESEARCH OBJECTIVE 19
2.4 MARKET STRUCTURE 19
3 RESEARCH METHODOLOGY 20
4 MARKET DYNAMICS 27
4.1 INTRODUCTION 27
4.2 DRIVERS 28
4.2.1 INCREASING ADOPTION OF SOLENOID VALVES IN FOOD & BEVERAGES INDUSTRY 28
4.2.2 SHIFT TO RENEWABLE SOURCES FOR POWER GENERATION 28
4.2.3 DEVELOPMENT OF APPLICATION-SPECIFIC SOLENOID VALVES 28
4.2.4 DRIVERS IMPACT ANALYSIS 29
4.3 RESTRAINT 30
4.3.1 COMPATIBILITY AND TECHNICAL ISSUES 30
4.3.2 RESTRAINTS IMPACT ANALYSIS 30
4.4 OPPORTUNITY 31
4.4.1 INCREASING DEMAND IN WASTEWATER TREATMENT INDUSTRIES 31
4.5 THE IMPACT OF COVID-19 ON THE SOLENOID VALVE MARKET 31
4.5.1 OVERVIEW-IMPACT OF THE LOCKDOWN 31
4.5.2 ECONOMIC IMPACT 32
4.5.3 IMPACT ON SOLENOID VALVE MARKET 32
4.5.4 IMPACT ON THE SUPPLY CHAIN OF SOLENOID VALVE MARKET 32
4.5.4.1 PRICE VARIATION OF KEY RAW MATERIAL 32
4.5.4.2 PRODUCTION SHUTDOWN 32
4.5.4.3 CASH FLOW CONSTRAINTS 32
4.5.4.4 IMPACT ON IMPORT/EXPORT 32
4.5.5 IMPACT ON MARKET DEMAND OF SOLENOID VALVE MARKET 33
4.5.5.1 IMPACT DUE TO RESTRICTION/LOCKDOWN 33
4.5.5.2 CONSUMER SENTIMENTS 33
4.5.6 IMPACT ON PRICING OF SOLENOID VALVE MARKET 33
5 MARKET FACTOR ANALYSIS 34
5.1 SUPPLY CHAIN ANALYSIS 34
5.1.1 DESIGN & DEVELOPMENT 34
5.1.2 RAW MATERIAL SUPPLY 34
5.1.3 MANUFACTURE 34
5.1.4 DISTRIBUTION 35
5.1.5 END USER 35
5.2 PORTER'S FIVE FORCES MODEL 35
5.2.1 THREAT OF NEW ENTRANTS 36
5.2.2 BARGAINING POWER OF SUPPLIERS 36
5.2.3 THREAT OF SUBSTITUTES 36
5.2.4 BARGAINING POWER OF BUYERS 36
5.2.5 INTENSITY OF RIVALRY 36
6 GLOBAL SOLENOID VALVE MARKET, BY TYPE 37
6.1 OVERVIEW 37
6.1.1 GLOBAL SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 38
6.2 2-WAY 38
6.3 3-WAY 38
6.4 4-WAY 38
6.5 5-WAY 39
6.6 OTHERS 39
7 GLOBAL SOLENOID VALVE MARKET, BY BODY MATERIAL 40
7.1 OVERVIEW 40
7.1.1 GLOBAL SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 41
7.2 BRASS BODY 41
7.3 STAINLESS STEEL 41
7.4 ALUMINIUM BODY 41
7.5 PLASTIC BODY 42
7.6 OTHERS 42
8 GLOBAL SOLENOID VALVE MARKET, BY OPERATING TYPES 43
8.1 OVERVIEW 43
8.1.1 GLOBAL SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 44
8.2 DIRECT 44
8.3 INDIRECT 44
8.4 SEMI-DIRECT 44
8.5 OTHERS 44
9 GLOBAL SOLENOID VALVE MARKET, BY END-USERS 45
9.1 OVERVIEW 45
9.1.1 GLOBAL SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 46
9.2 CHEMICAL & PETROCHEMICAL 47
9.3 OIL & GAS 47
9.4 FOOD & BEVERAGES 47
9.5 WATER & WASTEWATER 47
9.6 POWER GENERATION 48
9.7 AUTOMOTIVE 48
9.8 PHARMACEUTICAL 48
9.9 MEDICAL 48
9.10 OTHERS 48
10 GLOBAL SOLENOID VALVE MARKET, BY REGION 49
10.1 OVERVIEW 49
10.1.1 GLOBAL SOLENOID VALVE MARKET, BY REGION, 2023 VS 2032(USD MILLION) 49
10.1.2 GLOBAL SOLENOID VALVE MARKET, BY REGION, 2023-2032 (USD MILLION) 50
10.2 NORTH AMERICA 51
10.2.1 NORTH AMERICA: SOLENOID VALVE MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 52
10.2.2 NORTH AMERICA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 52
10.2.3 NORTH AMERICA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 53
10.2.4 NORTH AMERICA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 54
10.2.5 NORTH AMERICA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 55
10.2.6 US 56
10.2.6.1 US SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 56
10.2.6.2 US SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 56
10.2.6.3 US SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 56
10.2.6.4 US SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 57
10.2.7 CANADA 57
10.2.7.1 CANADA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 57
10.2.7.2 CANADA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 57
10.2.7.3 CANADA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 58
10.2.7.4 CANADA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 58
10.2.8 MEXICO 58
10.2.8.1 MEXICO SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 58
10.2.8.2 MEXICO SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 59
10.2.8.3 MEXICO SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 59
10.2.8.4 MEXICO SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 59
10.3 EUROPE 60
10.3.1 EUROPE: SOLENOID VALVE MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 61
10.3.2 EUROPE SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 61
10.3.3 EUROPE SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 62
10.3.4 EUROPE SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 63
10.3.5 EUROPE SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 64
10.3.6 UK 64
10.3.6.1 UK SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 64
10.3.6.2 UK SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 64
10.3.6.3 UK SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 65
10.3.6.4 UK SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 65
10.3.7 GERMANY 65
10.3.7.1 GERMANY SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 65
10.3.7.2 GERMANY SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 66
10.3.7.3 GERMANY SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 66
10.3.7.4 GERMANY SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 66
10.3.8 FRANCE 67
10.3.8.1 FRANCE SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 67
10.3.8.2 FRANCE SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 67
10.3.8.3 FRANCE SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 67
10.3.8.4 FRANCE SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 68
10.3.9 REST OF EUROPE 68
10.3.9.1 REST OF EUROPE SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 68
10.3.9.2 REST OF EUROPE SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 68
10.3.9.3 REST OF EUROPE SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 69
10.3.9.4 REST OF EUROPE SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 69
10.4 ASIA-PACIFIC 70
10.4.1 ASIA-PACIFIC: SOLENOID VALVE MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 71
10.4.2 ASIA-PACIFIC SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 71
10.4.3 ASIA-PACIFIC SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 72
10.4.4 ASIA-PACIFIC SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 73
10.4.5 ASIA-PACIFIC SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 74
10.4.6 CHINA 75
10.4.6.1 CHINA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 75
10.4.6.2 CHINA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 75
10.4.6.3 CHINA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 75
10.4.6.4 CHINA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 76
10.4.7 JAPAN 76
10.4.7.1 JAPAN SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 76
10.4.7.2 JAPAN SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 76
10.4.7.3 JAPAN SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 77
10.4.7.4 JAPAN SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 77
10.4.8 INDIA 77
10.4.8.1 INDIA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 77
10.4.8.2 INDIA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 78
10.4.8.3 INDIA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 78
10.4.8.4 INDIA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 78
10.4.9 REST OF ASIA-PACIFIC 79
10.4.9.1 REST OF ASIA-PACIFIC SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 79
10.4.9.2 REST OF ASIA-PACIFIC SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 79
10.4.9.3 REST OF ASIA-PACIFIC SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 79
10.4.9.4 REST OF ASIA-PACIFIC SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 80
10.5 REST OF THE WORLD 81
10.5.1 REST OF THE WORLD: SOLENOID VALVE MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 82
10.5.2 REST OF THE WORLD SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 82
10.5.3 REST OF THE WORLD SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 83
10.5.4 REST OF THE WORLD SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 84
10.5.5 REST OF THE WORLD SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 85
10.5.6 MIDDLE EAST & AFRICA 86
10.5.6.1 MIDDLE EAST & AFRICA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 86
10.5.6.2 MIDDLE EAST & AFRICA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 86
10.5.6.3 MIDDLE EAST & AFRICA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 86
10.5.6.4 MIDDLE EAST & AFRICA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 87
10.5.7 SOUTH AMERICA 87
10.5.7.1 SOUTH AMERICA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 87
10.5.7.2 SOUTH AMERICA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 87
10.5.7.3 SOUTH AMERICA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 88
10.5.7.4 SOUTH AMERICA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 88
11 COMPETITIVE LANDSCAPE 89
11.1 COMPETITIVE BENCHMARKING 90
11.1.1 VENDOR SHARE ANALYSIS 91
11.2 RECENT DEVELOPMENTS 91
11.2.1 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 91
11.2.2 BUSINESS EXPANSIONS/ACQUISITIONS 91
11.2.3 PRODUCT LAUNCHES/DEVELOPMENTS 92
12 COMPANY PROFILES 94
12.1 CURTISS-WRIGHT CORPORATION 94
12.1.1 COMPANY OVERVIEW 94
12.1.2 FINANCIAL OVERVIEW 95
12.1.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 95
12.1.4 KEY DEVELOPMENTS 96
12.1.5 SWOT ANALYSIS 96
12.1.6 KEY STRATEGIES 96
12.2 EMERSON ELECTRIC CO. 97
12.2.1 COMPANY OVERVIEW 97
12.2.2 FINANCIAL OVERVIEW 98
12.2.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 98
12.2.4 KEY DEVELOPMENTS 99
12.2.5 SWOT ANALYSIS 100
12.2.6 KEY STRATEGIES 100
12.3 PARKER HANNIFIN CORPORATION 101
12.3.1 COMPANY OVERVIEW 101
12.3.2 FINANCIAL OVERVIEW 102
12.3.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 102
12.3.4 KEY DEVELOPMENTS 105
12.3.5 SWOT ANALYSIS 105
12.3.6 KEY STRATEGIES 106
12.4 IMI 107
12.4.1 COMPANY OVERVIEW 107
12.4.2 FINANCIAL OVERVIEW 108
12.4.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 108
12.4.4 KEY DEVELOPMENTS 109
12.4.5 SWOT ANALYSIS 109
12.4.6 KEY STRATEGIES 109
12.5 GF PIPING SYSTEMS (GEORGE FISCHER LTD.) 110
12.5.1 COMPANY OVERVIEW 110
12.5.2 FINANCIAL OVERVIEW 110
12.5.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 111
12.5.4 KEY DEVELOPMENTS 111
12.5.5 SWOT ANALYSIS 112
12.5.6 KEY STRATEGIES 112
12.6 SMC CORPORATION 113
12.6.1 COMPANY OVERVIEW 113
12.6.2 FINANCIAL OVERVIEW 114
12.6.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 114
12.6.4 KEY DEVELOPMENTS 115
12.6.5 SWOT ANALYSIS 115
12.6.6 KEY STRATEGIES 115
12.7 DANFOSS 116
12.7.1 COMPANY OVERVIEW 116
12.7.2 FINANCIAL OVERVIEW 117
12.7.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 117
12.7.4 KEY DEVELOPMENTS 118
12.7.5 SWOT ANALYSIS 118
12.7.6 KEY STRATEGIES 118
12.8 OMEGA ENGINEERING INC. 119
12.8.1 COMPANY OVERVIEW 119
12.8.2 FINANCIAL OVERVIEW 119
12.8.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 119
12.8.4 KEY DEVELOPMENTS 120
12.9 CHRISTIAN BURKERT GMBH & CO. KG (BURKERT) 121
12.9.1 COMPANY OVERVIEW 121
12.9.2 FINANCIAL OVERVIEW 121
12.9.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 121
12.9.4 KEY DEVELOPMENTS 121
12.10 GSR VENTILTECHNIK GMBH & CO. KG 122
12.10.1 COMPANY OVERVIEW 122
12.10.2 FINANCIAL OVERVIEW 122
12.10.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 122
12.10.4 KEY DEVELOPMENTS 123
12.11 ROTEX CONTROLS 124
12.11.1 COMPANY OVERVIEW 124
12.11.2 FINANCIAL OVERVIEW 124
12.11.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 124
12.11.4 KEY DEVELOPMENTS 125
12.12 THE LEE COMPANY 126
12.12.1 COMPANY OVERVIEW 126
12.12.2 FINANCIAL OVERVIEW 126
12.12.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 126
12.12.4 KEY DEVELOPMENTS 126
12.13 COLE-PARMER INDIA PVT LTD. 127
12.13.1 COMPANY OVERVIEW 127
12.13.2 FINANCIAL OVERVIEW 127
12.13.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 127
12.13.4 KEY DEVELOPMENTS 127
12.14 AIRA EURO AUTOMATION PVT LTD 128
12.14.1 COMPANY OVERVIEW 128
12.14.2 FINANCIAL OVERVIEW 128
12.14.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 128
12.14.4 KEY DEVELOPMENTS 128
12.15 CLA-VAL 129
12.15.1 COMPANY OVERVIEW 129
12.15.2 FINANCIAL OVERVIEW 129
12.15.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 129
12.15.4 KEY DEVELOPMENTS 129
12.16 HANSEN TECHNOLOGY CORPORATION 130
12.16.1 COMPANY OVERVIEW 130
12.16.2 FINANCIAL OVERVIEW 130
12.16.3 PRODUCTS/SOLUTIONS/SERVICES OFFERED 130
12.16.4 KEY DEVELOPMENTS 130
LIST OF TABLES
TABLE 1 MARKET SYNOPSIS 18
TABLE 2 GLOBAL SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 38
TABLE 3 GLOBAL SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 41
TABLE 4 GLOBAL SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 44
TABLE 5 GLOBAL SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 46
TABLE 6 GLOBAL SOLENOID VALVE MARKET, BY REGION, 2023-2032 (USD MILLION) 50
TABLE 7 NORTH AMERICA SOLENOID VALVE MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 52
TABLE 8 NORTH AMERICA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 52
TABLE 9 NORTH AMERICA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 53
TABLE 10 NORTH AMERICA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 54
TABLE 11 NORTH AMERICA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 55
TABLE 12 US SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 56
TABLE 13 US SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 56
TABLE 14 US SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 56
TABLE 15 US SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 57
TABLE 16 CANADA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 57
TABLE 17 CANADA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 57
TABLE 18 CANADA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 58
TABLE 19 CANADA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 58
TABLE 20 MEXICO SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 58
TABLE 21 MEXICO SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 59
TABLE 22 MEXICO SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 59
TABLE 23 MEXICO SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 59
TABLE 24 EUROPE SOLENOID VALVE MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 61
TABLE 25 EUROPE SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 61
TABLE 26 EUROPE SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 62
TABLE 27 EUROPE SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 63
TABLE 28 EUROPE SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 64
TABLE 29 UK SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 64
TABLE 30 UK SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 64
TABLE 31 UK SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 65
TABLE 32 UK SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 65
TABLE 33 GERMANY SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 65
TABLE 34 GERMANY SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 66
TABLE 35 GERMANY SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 66
TABLE 36 GERMANY SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 66
TABLE 37 FRANCE SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 67
TABLE 38 FRANCE SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 67
TABLE 39 FRANCE SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 67
TABLE 40 FRANCE SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 68
TABLE 41 REST OF EUROPE SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 68
TABLE 42 REST OF EUROPE SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 68
TABLE 43 REST OF EUROPE SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 69
TABLE 44 REST OF EUROPE SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 69
TABLE 45 ASIA-PACIFIC SOLENOID VALVE MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 71
TABLE 46 ASIA-PACIFIC SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 71
TABLE 47 ASIA-PACIFIC SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 72
TABLE 48 ASIA-PACIFIC SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 73
TABLE 49 ASIA-PACIFIC SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 74
TABLE 50 CHINA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 75
TABLE 51 CHINA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 75
TABLE 52 CHINA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 75
TABLE 53 CHINA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 76
TABLE 54 JAPAN SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 76
TABLE 55 JAPAN SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 76
TABLE 56 JAPAN SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 77
TABLE 57 JAPAN SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 77
TABLE 58 INDIA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 77
TABLE 59 INDIA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 78
TABLE 60 INDIA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 78
TABLE 61 INDIA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 78
TABLE 62 REST OF ASIA-PACIFIC SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 79
TABLE 63 REST OF ASIA-PACIFIC SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 79
TABLE 64 REST OF ASIA-PACIFIC SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 79
TABLE 65 REST OF ASIA-PACIFIC SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 80
TABLE 66 REST OF THE WORLD SOLENOID VALVE MARKET, BY COUNTRY, 2023-2032 (USD MILLION) 82
TABLE 67 REST OF THE WORLD SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 82
TABLE 68 REST OF THE WORLD SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 83
TABLE 69 REST OF THE WORLD SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 84
TABLE 70 REST OF THE WORLD SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 85
TABLE 71 MIDDLE EAST & AFRICA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 86
TABLE 72 MIDDLE EAST & AFRICA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 86
TABLE 73 MIDDLE EAST & AFRICA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 86
TABLE 74 MIDDLE EAST & AFRICA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 87
TABLE 75 SOUTH AMERICA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 87
TABLE 76 SOUTH AMERICA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 87
TABLE 77 SOUTH AMERICA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 88
TABLE 78 SOUTH AMERICA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 88
TABLE 79 PARTNERSHIPS/AGREEMENTS/CONTRACTS/COLLABORATIONS 91
TABLE 80 BUSINESS EXPANSIONS/ACQUISITIONS 91
TABLE 81 PRODUCT LAUNCHES/DEVELOPMENTS 92
TABLE 82 CURTISS-WRIGHT CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 95
TABLE 83 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 98
TABLE 84 A&D COMPANY LIMITED: KEY DEVELOPMENTS 99
TABLE 85 PARKER HANNIFIN CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 102
TABLE 86 PARKER HANNIFIN CORPORATION: KEY DEVELOPMENTS 105
TABLE 87 IMI: PRODUCTS/SOLUTIONS/SERVICES OFFERED 108
TABLE 88 A&D COMPANY LIMITED: KEY DEVELOPMENTS 109
TABLE 89 GF PIPING SYSTEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 111
TABLE 90 GF PIPING SYSTEM: KEY DEVELOPMENTS 111
TABLE 91 SMC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 114
TABLE 92 SMC CORPORATION: KEY DEVELOPMENTS 115
TABLE 93 DANFOSS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 117
TABLE 94 DANFOSS: KEY DEVELOPMENTS 118
TABLE 95 OMEGA ENGINEERING INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 119
TABLE 96 OMEGA ENGINEERING INC: KEY DEVELOPMENTS 120
TABLE 97 CHRISTIAN BURKERT GMBH & CO. KG (BURKERT): PRODUCTS/SOLUTIONS/SERVICES OFFERED 121
TABLE 98 CHRISTIAN BURKERT GMBH & CO. KG (BURKERT): KEY DEVELOPMENTS 121
TABLE 99 GSR VENTILTECHNIK GMBH & CO. KG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 122
TABLE 100 GSR VENTILTECHNIK GMBH & CO. KG: KEY DEVELOPMENTS 123
TABLE 101 ROTEX CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 124
TABLE 102 ROTEX CONTROLS: KEY DEVELOPMENTS 125
TABLE 103 THE LEE COMPANY: PRODUCTS/SOLUTIONS/SERVICES OFFERED 126
TABLE 104 THE LEE COMPANY: KEY DEVELOPMENTS 126
TABLE 105 COLE-PARMER INDIA PVT LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 127
TABLE 106 AIRA EURO AUTOMATION PVT LTD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 128
TABLE 107 CLA-VAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 129
TABLE 108 HANSEN TECHNOLOGY CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 130
LIST OF FIGURES
FIGURE 1 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL SOLENOID VALVE MARKET 18
FIGURE 2 GLOBAL SOLENOID VALVE MARKET: MARKET STRUCTURE 19
FIGURE 3 BOTTOM-UP AND TOP-DOWN APPROACHES 24
FIGURE 4 MARKET DYNAMIC ANALYSIS OF THE GLOBAL SOLENOID VALVE MARKET 27
FIGURE 5 DRIVERS IMPACT ANALYSIS: GLOBAL SOLENOID VALVE MARKET 29
FIGURE 6 RESTRAINTS IMPACT ANALYSIS: GLOBAL SOLENOID VALVE MARKET 30
FIGURE 7 GLOBAL SOLENOID VALVE MARKET: SUPPLY CHAIN ANALYSIS 34
FIGURE 8 PORTER'S FIVE FORCES MODEL: GLOBAL FITNESS APP MARKET 35
FIGURE 9 GLOBAL SOLENOID VALVE MARKET, BY TYPE, 2021 (% SHARE) 37
FIGURE 10 GLOBAL SOLENOID VALVE MARKET, BY TYPE, 2023 VS 2032(USD MILLION) 37
FIGURE 11 GLOBAL SOLENOID VALVE MARKET, BY BODY MATERIAL, 2021 (% SHARE) 40
FIGURE 12 GLOBAL SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023 VS 2032(USD MILLION) 40
FIGURE 13 GLOBAL SOLENOID VALVE MARKET, BY OPERATING TYPES, 2021 (% SHARE) 43
FIGURE 14 GLOBAL SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023 VS 2032(USD MILLION) 43
FIGURE 15 GLOBAL SOLENOID VALVE MARKET, BY END-USERS, 2021 (% SHARE) 45
FIGURE 16 GLOBAL SOLENOID VALVE MARKET, BY END-USERS, 2023 VS 2032(USD MILLION) 46
FIGURE 17 GLOBAL SOLENOID VALVE MARKET, BY REGION, 2021 (% SHARE) 49
FIGURE 18 GLOBAL SOLENOID VALVE MARKET, BY REGION, 2023 VS 2032(USD MILLION) 49
FIGURE 19 NORTH AMERICA SOLENOID VALVE MARKET, BY COUNTRY, 2021 (% SHARE) 51
FIGURE 20 NORTH AMERICA SOLENOID VALVE MARKET, BY COUNTRY, 2023 VS 2032(USD MILLION) 51
FIGURE 21 NORTH AMERICA SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 52
FIGURE 22 NORTH AMERICA SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 53
FIGURE 23 NORTH AMERICA SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 54
FIGURE 24 NORTH AMERICA SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 55
FIGURE 25 EUROPE SOLENOID VALVE MARKET, BY COUNTRY, 2021 (% SHARE) 60
FIGURE 26 EUROPE SOLENOID VALVE MARKET, BY COUNTRY, 2023 VS 2032(USD MILLION) 60
FIGURE 27 EUROPE SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 61
FIGURE 28 EUROPE SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 62
FIGURE 29 EUROPE SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 62
FIGURE 30 EUROPE SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 63
FIGURE 31 ASIA-PACIFIC SOLENOID VALVE MARKET, BY COUNTRY, 2021 (% SHARE) 70
FIGURE 32 ASIA-PACIFIC SOLENOID VALVE MARKET, BY COUNTRY, 2023 VS 2032(USD MILLION) 70
FIGURE 33 ASIA-PACIFIC SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 71
FIGURE 34 ASIA-PACIFIC SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 72
FIGURE 35 ASIA-PACIFIC SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 73
FIGURE 36 ASIA-PACIFIC SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 74
FIGURE 37 REST OF THE WORLD SOLENOID VALVE MARKET, BY COUNTRY, 2021 (% SHARE) 81
FIGURE 38 REST OF THE WORLD SOLENOID VALVE MARKET, BY COUNTRY, 2023 VS 2032(USD MILLION) 81
FIGURE 39 REST OF THE WORLD SOLENOID VALVE MARKET, BY TYPE, 2023-2032 (USD MILLION) 82
FIGURE 40 REST OF THE WORLD SOLENOID VALVE MARKET, BY BODY MATERIAL, 2023-2032 (USD MILLION) 83
FIGURE 41 REST OF THE WORLD SOLENOID VALVE MARKET, BY OPERATING TYPES, 2023-2032 (USD MILLION) 84
FIGURE 42 REST OF THE WORLD SOLENOID VALVE MARKET, BY END-USERS, 2023-2032 (USD MILLION) 85
FIGURE 43 GLOBAL SOLENOID VALVES MARKET: COMPETITIVE BENCHMARKING 90
FIGURE 44 VENDOR SHARE ANALYSIS, 2021 (%) 91
FIGURE 45 CURTISS-WRIGHT CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 95
FIGURE 46 CURTISS-WRIGHT CORPORATION: SWOT ANALYSIS 96
FIGURE 47 EMERSON ELECTRIC CO.: FINANCIAL OVERVIEW SNAPSHOT 98
FIGURE 48 EMERSON ELECTRIC CO.: SWOT ANALYSIS 100
FIGURE 49 PARKER HANNIFIN CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 102
FIGURE 50 PARKER HANNIFIN CORPORATION: SWOT ANALYSIS 105
FIGURE 51 IMI: FINANCIAL OVERVIEW SNAPSHOT 108
FIGURE 52 IMI: SWOT ANALYSIS 109
FIGURE 53 GF PIPING SYSTEM: FINANCIAL OVERVIEW SNAPSHOT 110
FIGURE 54 GF PIPING SYSTEM: SWOT ANALYSIS 112
FIGURE 55 SMC CORPORATION: FINANCIAL OVERVIEW SNAPSHOT 114
FIGURE 56 SMC CORPORATION: SWOT ANALYSIS 115
FIGURE 57 DANFOSS: FINANCIAL OVERVIEW SNAPSHOT 117
FIGURE 58 DANFOSS: SWOT ANALYSIS 118
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