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

01-22-2025 11:58 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

Solenoid Valves Market

Solenoid Valves Market

๐’๐จ๐ฅ๐ž๐ง๐จ๐ข๐ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

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.

๐’๐จ๐ฅ๐ž๐ง๐จ๐ข๐ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐•๐ข๐ž๐ญ๐ง๐š๐ฆ

Vietnam's solenoid valve market is expanding due to the rapid industrialization and government-backed infrastructure projects. Companies like ๐„๐ฆ๐ž๐ซ๐ฌ๐จ๐ง ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐‚๐จ. 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.

๐”๐ง๐ฅ๐จ๐œ๐ค ๐œ๐ซ๐ข๐ญ๐ข๐œ๐š๐ฅ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ž๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ฏ๐ข๐š ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค @https://www.maximizemarketresearch.com/request-sample/29664/

๐’๐จ๐ฅ๐ž๐ง๐จ๐ข๐ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐“๐ก๐š๐ข๐ฅ๐š๐ง๐

Thailand's industrial sector is driving the adoption of solenoid valves, particularly in the oil and gas and food processing industries. ๐๐š๐ซ๐ค๐ž๐ซ ๐‡๐š๐ง๐ง๐ข๐Ÿ๐ข๐ง ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง has introduced innovative solenoid valve solutions tailored for high-temperature and corrosive environments. Government initiatives to modernize manufacturing facilities enhance market opportunities.

๐’๐จ๐ฅ๐ž๐ง๐จ๐ข๐ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐‰๐š๐ฉ๐š๐ง

Japan's advanced manufacturing ecosystem and strong emphasis on energy efficiency create a promising market for solenoid valves. Companies like ๐’๐Œ๐‚ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง 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.

๐’๐จ๐ฅ๐ž๐ง๐จ๐ข๐ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‚๐จ๐ง๐ฌ๐จ๐ฅ๐ข๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐‚๐ก๐ข๐ง๐š

China's solenoid valve market is characterized by significant growth, fueled by its robust industrial base and infrastructure projects. Companies like ๐๐ข๐ง๐ ๐›๐จ ๐‰๐ข๐š๐ž๐ซ๐ฅ๐ข๐ง๐  ๐๐ง๐ž๐ฎ๐ฆ๐š๐ญ๐ข๐œ ๐Œ๐š๐œ๐ก๐ข๐ง๐ž๐ซ๐ฒ ๐‚๐จ., ๐‹๐ญ๐. are expanding their product portfolios and establishing partnerships with global firms. Strategic acquisitions and mergers among domestic manufacturers are driving market consolidation.

๐’๐จ๐ฅ๐ž๐ง๐จ๐ข๐ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ข๐ง ๐’๐จ๐ฎ๐ญ๐ก ๐Š๐จ๐ซ๐ž๐š

South Korea's focus on smart factories and advanced manufacturing technologies supports the adoption of solenoid valves. Companies like ๐Š๐Ž๐†๐€๐๐„๐ˆ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง are developing high-performance valves for automation and robotics applications. Government incentives for innovation in industrial automation further support market expansion.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐๐š๐ญ๐š ๐š๐ง๐ ๐ข๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐›๐ฒ ๐ฏ๐ข๐ž๐ฐ๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž @https://www.maximizemarketresearch.com/request-sample/29664/

๐’๐จ๐ฅ๐ž๐ง๐จ๐ข๐ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ ๐ข๐ง ๐’๐ข๐ง๐ ๐š๐ฉ๐จ๐ซ๐ž

Singapore's strategic position as a hub for the petrochemical and pharmaceutical industries creates strong demand for solenoid valves. Companies like ๐€๐’๐‚๐Ž ๐•๐š๐ฅ๐ฏ๐ž, ๐ˆ๐ง๐œ. 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.

๐’๐จ๐ฅ๐ž๐ง๐จ๐ข๐ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ ๐ข๐ง ๐ญ๐ก๐ž ๐”๐’

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 ๐‚๐ฎ๐ซ๐ญ๐ข๐ฌ๐ฌ-๐–๐ซ๐ข๐ ๐ก๐ญ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง and ๐รผ๐ซ๐ค๐ž๐ซ๐ญ ๐…๐ฅ๐ฎ๐ข๐ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ ๐’๐ฒ๐ฌ๐ญ๐ž๐ฆ๐ฌ are leading the way with smart, IoT-enabled valve solutions. Federal support for water infrastructure projects enhances the market.

๐’๐จ๐ฅ๐ž๐ง๐จ๐ข๐ ๐•๐š๐ฅ๐ฏ๐ž๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐”๐ฉ๐๐š๐ญ๐ข๐จ๐ง ๐ข๐ง ๐„๐ฎ๐ซ๐จ๐ฉ๐ž

Europe's solenoid valve market is shaped by stringent environmental regulations and the push for sustainable technologies. Companies like ๐ƒ๐š๐ง๐Ÿ๐จ๐ฌ๐ฌ and ๐๐จ๐ฌ๐œ๐ก ๐‘๐ž๐ฑ๐ซ๐จ๐ญ๐ก 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.

๐Š๐ž๐ฒ ๐‘๐ž๐œ๐ž๐ง๐ญ ๐ƒ๐ž๐ฏ๐ž๐ฅ๐จ๐ฉ๐ฆ๐ž๐ง๐ญ๐ฌ

๐„๐ฆ๐ž๐ซ๐ฌ๐จ๐ง ๐„๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐‚๐จ. expanded its product line of solenoid valves for water and wastewater applications in Vietnam.
๐๐š๐ซ๐ค๐ž๐ซ ๐‡๐š๐ง๐ง๐ข๐Ÿ๐ข๐ง ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง introduced high-temperature-resistant solenoid valves for Thailand's food processing industry.
๐’๐Œ๐‚ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง launched compact solenoid valves designed for automotive production lines in Japan.
๐๐ข๐ง๐ ๐›๐จ ๐‰๐ข๐š๐ž๐ซ๐ฅ๐ข๐ง๐  ๐๐ง๐ž๐ฎ๐ฆ๐š๐ญ๐ข๐œ ๐Œ๐š๐œ๐ก๐ข๐ง๐ž๐ซ๐ฒ ๐‚๐จ., ๐‹๐ญ๐. partnered with global distributors to enhance its presence in China's growing market.
๐‚๐ฎ๐ซ๐ญ๐ข๐ฌ๐ฌ-๐–๐ซ๐ข๐ ๐ก๐ญ ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง unveiled IoT-enabled solenoid valves for smart water management systems in the US.

๐†๐ž๐ญ ๐š ๐œ๐ฅ๐จ๐ฌ๐ž๐ซ ๐ฅ๐จ๐จ๐ค ๐š๐ญ ๐ญ๐ก๐ž ๐ ๐š๐ฆ๐ž-๐œ๐ก๐š๐ง๐ ๐ข๐ง๐  ๐ฉ๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐๐ซ๐ข๐ฏ๐ข๐ง๐  ๐ฌ๐ฎ๐œ๐œ๐ž๐ฌ๐ฌ :https://www.maximizemarketresearch.com/request-sample/29664/

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐Œ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ

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.

๐๐ฒ ๐•๐š๐ฅ๐ฏ๐ž ๐ƒ๐ž๐ฌ๐ข๐ ๐ง ๐“๐ฒ๐ฉ๐ž

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.

๐๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ

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

๐†๐ž๐ญ ๐š ๐๐ž๐ญ๐š๐ข๐ฅ๐ž๐ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:https://www.maximizemarketresearch.com/market-report/global-solenoid-valves-market/29664/

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:

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 Bรผrkert 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)

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐จ๐ฎ๐ซ ๐ญ๐ซ๐ž๐ง๐๐ข๐ง๐  ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ญ๐จ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐ ๐ข๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐ฌ๐ก๐ข๐Ÿ๐ญ๐ฌ :

โ™ฆ Wedding Services Market https://www.maximizemarketresearch.com/market-report/wedding-services-market/229647/

โ™ฆ Tofu Market https://www.maximizemarketresearch.com/market-report/global-tofu-market/111769/

โ™ฆ Global Portland Cement Market https://www.maximizemarketresearch.com/market-report/global-portland-cement-market/54816/

โ™ฆ Floriculture Market https://www.maximizemarketresearch.com/market-report/global-floriculture-market/23982/

โ™ฆ Ayurvedic Market https://www.maximizemarketresearch.com/market-report/global-ayurvedic-market/23882/

โ™ฆ NoSQL Database Market https://www.maximizemarketresearch.com/market-report/global-nosql-database-market/97851/

โ™ฆ Global Recruitment Process Outsourcing (RPO) Market https://www.maximizemarketresearch.com/market-report/global-recruitment-process-outsourcing-rpo-market/51657/

โ™ฆ Global Washing Machine Market https://www.maximizemarketresearch.com/market-report/washing-machine-market/14800/

โ™ฆ Orthodontic Market https://www.maximizemarketresearch.com/market-report/orthodontic-market/186269/

โ™ฆ Fruit Fillings Market https://www.maximizemarketresearch.com/market-report/fruit-fillings-market/198740/

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

MAXIMIZE MARKET RESEARCH PVT. LTD.
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Pune Banglore Highway, Narhe
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sales@maximizemarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

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Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million. Sodium Acetate Market Overview: The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, isโ€ฆ
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR -
10-30-2025 | Advertising, Media Consulting, โ€ฆ
MAXIMIZE MARKET RESEARCH PVT. LTD.
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR - "India Tire โ€ฆ
According to a new report by Maximize Market Research, the India tire market was valued at approximately USD 13.4 billion in 2024 and is expected to climb to USD 27.6 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.6 %. The growth is underpinned by increasing automotive production, growing replacement demand, and rising adoption of radial tyres. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/21022/ โ™ฆ Key Highlights Market sizeโ€ฆ

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IMARC Group
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Top 1000 Company Lists
US Residential Construction Companies Database (49,000 companies)
We are delighted to announce the addition of the US Residential Construction Companies Database to our catalogue, containing nearly 50,000 residential construction companies in the United States. US Residential Construction Companies Database (49,000 companies) is an Excel spreadsheet containing a list of the largest Residential Construction Companies in the United States. The combined list includes the largest residential construction companies within each of 49 states. This database contains the leading companiesโ€ฆ