Press release
The global solenoid valves market is expected to be valued at US$ 4.46 bn with a CAGR of 3.63% the forecast period (2018-2023), the key players are Curtiss-Wright Corporation, IMI plc, Parker Hannifin Corporation, Danfoss A/S, Christian Brkert GmbH & Co.
End-User/Technology
The industries which are replacing their existing facilities with automated ones are replacing old facilities with solenoid valves as these valves reduce overall cost by requiring less manpower and delivering high performance.
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Market Dynamics
For the forecast period 2018-2023, the global solenoid valves market is expected to be valued at US$ 4.46 bn with a CAGR of 3.63%
Market Segmentation
The global solenoid valves market is segmented based on vertical, design, current and region.
On the basis of vertical: chemical and petrochemical, food and beverages, medical, power generation, automobile, oil and gas, waste and wastewater.
On the basis of current: AC and DC.
On the basis of design: 2-way, 3-way, and 4-way.
On the basis of region: North America, Europe, and Asia Pacific.
Regional/Geographical Analysis
During the forecast period North America is expected to show highest growth with APAC and EMEA following the trend.
Opportunities
The opportunities of this market can be evaluated based on the drivers and barriers present. The driver is decline in solenoid valves and the barrier is fluctuating prices of raw materials.
Key Players
The big players in the global solenoid valves market are: Curtiss-Wright Corporation, IMI plc, Parker Hannifin Corporation, Danfoss A/S, Christian Brkert GmbH & Co. KG, Parker Hannifin Corporation, ASCO Valve, Inc.
Report Contents Regional Analysis Report Highlights
Market segments
Market Drivers, Restraints and Opportunities
Market Size & Forecast 2016 to 2022
Supply & Demand Value Chain
Market - Current Trends
Competition & Major Companies
Technology and R&D Status
Porters Five Force Analysis
Strategic and Critical Success Factor Analysis of Key Players
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North America
US and Canada
Latin America
Mexico, Brazil, Argentina and Rest of Latin America
Western Europe
EU5 (Germany, France, Italy, Spain, U.K.)
Nordic Countries (Denmark, Finland, Norway, and Sweden)
Benelux (Belgium, The Netherlands, and Luxembourg)
Rest of Western Europe
Eastern Europe
Russia
Poland
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Australia and New Zealand
Middle East and Africa
GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
South Africa
North Africa
Rest of Middle East and Africa
This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.
Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
Consumer and Pricing Analysis
Market dynamics of the industry
Market Segmentation
Estimated Market Sizing in terms of volume and value
Recent trends in Market and impact
Research Status and Technology Overview
Extensive Industry Structure Coverage
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About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
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