Solenoid Valves Market Analysis: From USD 4.67 Billion in 2023 to USD 6.8 Billion by 2030

𝐒𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐕𝐚𝐥𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

The global solenoid valves market was valued at USD 4.67 Billion in 2023 and is projected to grow at a CAGR of 5.5% from 2024 to 2030, reaching USD 6.8 Billion by the end of the forecast period. Key drivers include the rising demand for automated processes, advancements in valve technology, and increasing applications in industries like oil and gas, water treatment, and manufacturing.

𝐒𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐕𝐚𝐥𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐕𝐢𝐞𝐭𝐧𝐚𝐦

Vietnam's solenoid valve market is expanding due to the rapid industrialization and government-backed infrastructure projects. Companies like 𝐄𝐦𝐞𝐫𝐬𝐨𝐧 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐂𝐨. have partnered with local firms to supply solenoid valves for water treatment and irrigation systems. The growing demand for automated solutions in agriculture further boosts market growth.

𝐔𝐧𝐥𝐨𝐜𝐤 𝐜𝐫𝐢𝐭𝐢𝐜𝐚𝐥 𝐦𝐚𝐫𝐤𝐞𝐭 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐞𝐱𝐩𝐥𝐨𝐫𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 𝐯𝐢𝐚 𝐭𝐡𝐞 𝐥𝐢𝐧𝐤 @https://www.maximizemarketresearch.com/request-sample/29664/

𝐒𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐕𝐚𝐥𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐓𝐡𝐚𝐢𝐥𝐚𝐧𝐝

Thailand's industrial sector is driving the adoption of solenoid valves, particularly in the oil and gas and food processing industries. 𝐏𝐚𝐫𝐤𝐞𝐫 𝐇𝐚𝐧𝐧𝐢𝐟𝐢𝐧 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 has introduced innovative solenoid valve solutions tailored for high-temperature and corrosive environments. Government initiatives to modernize manufacturing facilities enhance market opportunities.

𝐒𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐕𝐚𝐥𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐉𝐚𝐩𝐚𝐧

Japan's advanced manufacturing ecosystem and strong emphasis on energy efficiency create a promising market for solenoid valves. Companies like 𝐒𝐌𝐂 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 are leading the way with compact, energy-efficient valves for applications in automotive and electronics production. The push toward sustainable manufacturing practices is a notable trend in Japan.

𝐒𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐕𝐚𝐥𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐂𝐨𝐧𝐬𝐨𝐥𝐢𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐂𝐡𝐢𝐧𝐚

China's solenoid valve market is characterized by significant growth, fueled by its robust industrial base and infrastructure projects. Companies like 𝐍𝐢𝐧𝐠𝐛𝐨 𝐉𝐢𝐚𝐞𝐫𝐥𝐢𝐧𝐠 𝐏𝐧𝐞𝐮𝐦𝐚𝐭𝐢𝐜 𝐌𝐚𝐜𝐡𝐢𝐧𝐞𝐫𝐲 𝐂𝐨., 𝐋𝐭𝐝. are expanding their product portfolios and establishing partnerships with global firms. Strategic acquisitions and mergers among domestic manufacturers are driving market consolidation.

𝐒𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐕𝐚𝐥𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐢𝐧 𝐒𝐨𝐮𝐭𝐡 𝐊𝐨𝐫𝐞𝐚

South Korea's focus on smart factories and advanced manufacturing technologies supports the adoption of solenoid valves. Companies like 𝐊𝐎𝐆𝐀𝐍𝐄𝐈 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 are developing high-performance valves for automation and robotics applications. Government incentives for innovation in industrial automation further support market expansion.

𝐄𝐱𝐩𝐥𝐨𝐫𝐞 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐝𝐚𝐭𝐚 𝐚𝐧𝐝 𝐢𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐛𝐲 𝐯𝐢𝐞𝐰𝐢𝐧𝐠 𝐭𝐡𝐞 𝐬𝐚𝐦𝐩𝐥𝐞 @https://www.maximizemarketresearch.com/request-sample/29664/

𝐒𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐕𝐚𝐥𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬 𝐢𝐧 𝐒𝐢𝐧𝐠𝐚𝐩𝐨𝐫𝐞

Singapore's strategic position as a hub for the petrochemical and pharmaceutical industries creates strong demand for solenoid valves. Companies like 𝐀𝐒𝐂𝐎 𝐕𝐚𝐥𝐯𝐞, 𝐈𝐧𝐜. are collaborating with local firms to provide solutions for critical flow control applications. The country's push for high-tech manufacturing and research-based industries supports market growth.

𝐒𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐕𝐚𝐥𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬 𝐢𝐧 𝐭𝐡𝐞 𝐔𝐒

The US remains a dominant market for solenoid valves, driven by advancements in valve technology and a strong focus on automation in industries such as water management, HVAC, and automotive. Companies like 𝐂𝐮𝐫𝐭𝐢𝐬𝐬-𝐖𝐫𝐢𝐠𝐡𝐭 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 and 𝐁ü𝐫𝐤𝐞𝐫𝐭 𝐅𝐥𝐮𝐢𝐝 𝐂𝐨𝐧𝐭𝐫𝐨𝐥 𝐒𝐲𝐬𝐭𝐞𝐦𝐬 are leading the way with smart, IoT-enabled valve solutions. Federal support for water infrastructure projects enhances the market.

𝐒𝐨𝐥𝐞𝐧𝐨𝐢𝐝 𝐕𝐚𝐥𝐯𝐞𝐬 𝐌𝐚𝐫𝐤𝐞𝐭 𝐔𝐩𝐝𝐚𝐭𝐢𝐨𝐧 𝐢𝐧 𝐄𝐮𝐫𝐨𝐩𝐞

Europe's solenoid valve market is shaped by stringent environmental regulations and the push for sustainable technologies. Companies like 𝐃𝐚𝐧𝐟𝐨𝐬𝐬 and 𝐁𝐨𝐬𝐜𝐡 𝐑𝐞𝐱𝐫𝐨𝐭𝐡 are introducing eco-friendly and energy-efficient solenoid valve solutions. The growth of renewable energy projects and the need for advanced control systems align with increased adoption.

𝐊𝐞𝐲 𝐑𝐞𝐜𝐞𝐧𝐭 𝐃𝐞𝐯𝐞𝐥𝐨𝐩𝐦𝐞𝐧𝐭𝐬

𝐄𝐦𝐞𝐫𝐬𝐨𝐧 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐂𝐨. expanded its product line of solenoid valves for water and wastewater applications in Vietnam.
𝐏𝐚𝐫𝐤𝐞𝐫 𝐇𝐚𝐧𝐧𝐢𝐟𝐢𝐧 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 introduced high-temperature-resistant solenoid valves for Thailand's food processing industry.
𝐒𝐌𝐂 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 launched compact solenoid valves designed for automotive production lines in Japan.
𝐍𝐢𝐧𝐠𝐛𝐨 𝐉𝐢𝐚𝐞𝐫𝐥𝐢𝐧𝐠 𝐏𝐧𝐞𝐮𝐦𝐚𝐭𝐢𝐜 𝐌𝐚𝐜𝐡𝐢𝐧𝐞𝐫𝐲 𝐂𝐨., 𝐋𝐭𝐝. partnered with global distributors to enhance its presence in China's growing market.
𝐂𝐮𝐫𝐭𝐢𝐬𝐬-𝐖𝐫𝐢𝐠𝐡𝐭 𝐂𝐨𝐫𝐩𝐨𝐫𝐚𝐭𝐢𝐨𝐧 unveiled IoT-enabled solenoid valves for smart water management systems in the US.

𝐆𝐞𝐭 𝐚 𝐜𝐥𝐨𝐬𝐞𝐫 𝐥𝐨𝐨𝐤 𝐚𝐭 𝐭𝐡𝐞 𝐠𝐚𝐦𝐞-𝐜𝐡𝐚𝐧𝐠𝐢𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭𝐬 𝐝𝐫𝐢𝐯𝐢𝐧𝐠 𝐬𝐮𝐜𝐜𝐞𝐬𝐬 :https://www.maximizemarketresearch.com/request-sample/29664/

𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐚𝐭𝐢𝐨𝐧:

𝐁𝐲 𝐌𝐚𝐭𝐞𝐫𝐢𝐚𝐥

Stainless Steel
Brass
Aluminium
Plastic

By Substance With the biggest market share as of 2023, stainless steel leads the worldwide solenoid valves market in terms of material and is expected to maintain its dominance for the foreseeable future. As a result, stainless steel solenoid valves are perfect for applications involving chemicals and harsh media. Generally speaking, brass is utilized for non-aggressive or corrosive applications as well as for managing air, water, and atmospheric gases. Although brass is more expensive than PVC, it can tolerate higher temperatures.

𝐁𝐲 𝐕𝐚𝐥𝐯𝐞 𝐃𝐞𝐬𝐢𝐠𝐧 𝐓𝐲𝐩𝐞

2-way
3-way
4-way
5-way

By Type of Valve Design In terms of valve design type, the 2-way segment holds the greatest share of the solenoid valves market in 2023. An inlet and an exit are the two ports on a two-way solenoid valve. For correct operation, it is crucial to observe the flow direction, which is usually shown by an arrow. The orifice is opened or closed using a two-way valve. This segment's rise can be ascribed to its attributes, which include its great resistance to corrosion and attractive appearance. Over the course of the projected period, the 5-way category is anticipated to record the greatest CAGR.

𝐁𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲

Oil & Gas
Chemical & Petrochemical
Water & Wastewater
Food & Beverages
Power Generation
Pharmaceuticals
Automotive
Medical
Aerospace
Others

𝐆𝐞𝐭 𝐚 𝐝𝐞𝐭𝐚𝐢𝐥𝐞𝐝 𝐚𝐧𝐚𝐥𝐲𝐬𝐢𝐬:https://www.maximizemarketresearch.com/market-report/global-solenoid-valves-market/29664/

𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬:

1. CKD Corporation (Japan)
2. Emerson Electric Corporation (USA)
3. Kendrion (Germany)
4. GF Piping (Switzerland)
5. IMI Precision Engineering (Birmingham)
6. Danfoss Industries Ltd. (Denmark)
7. Curtiss Wright Corporation (USA)
8. Parker Hannifin Corporation (USA)
9. ASCO Valves Inc. (USA)
10. Rotex automation (India)
11. SMC Corporation (Japan)
12. The Lee Company (USA)
13. Asco Valve, Inc. (USA)
14. Christian Bürkert GmbH & Co. Kg (Germany)
15. Curtiss-Wright Corporation (USA)
16. Danfoss A/S (Denmark)
17. GSR Ventiltechnik GmbH & Co. Kg (Germany)
18. IMI PLC (UK)
19. Emerson Electric Co. (Missouri)

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