Press release
Solenoid Valves Market to Reach USD 6.8 Bn by 2030, Growing at 5.5% CAGR!
Solenoid Valves Market
The global solenoid valves market is experiencing consistent expansion, driven by increasing demand across various industries such as wastewater treatment, automotive, and food processing. In 2023, the market was valued at approximately USD 4.67 billion and is projected to reach USD 6.8 billion by 2030, exhibiting a Compound Annual Growth Rate (CAGR) of 5.5% during the forecast period.
To explore more details about this research, click on the link below:
https://www.maximizemarketresearch.com/request-sample/29664/
Competitive Landscape
The solenoid valves industry is characterized by a mix of prominent global players. Leading companies such as Rotork plc, Emerson Electric Co., Danfoss A/S, and Parker Hannifin Corporation dominate the market, continually innovating to meet the evolving demands of consumers. These companies invest heavily in research and development, marketing, and expanding their distribution networks to maintain a competitive edge.
Regional Demand Highlights
The Asia Pacific region holds a dominant position in the solenoid valves market, accounting for a significant share of global revenue. This dominance is attributed to rapid industrialization, infrastructural developments, and the presence of major market players in countries like China and India.
To further investigate this topic, please navigate to the following link:
https://www.maximizemarketresearch.com/request-sample/29664/
Segmentation Analysis
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
Looking for in-depth market insights? Check out the summary of the latest research report:
https://www.maximizemarketresearch.com/market-report/global-solenoid-valves-market/29664/
Key Market Participants:
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)
Catch Up with Trending Topics:
SolidState Cooling Market :
https://www.maximizemarketresearch.com/market-report/global-solid-state-cooling-market/35016/
Fork Sensors Market :
https://www.maximizemarketresearch.com/market-report/global-fork-sensors-market/19656/
Europe Medical Sensor Market :
https://www.maximizemarketresearch.com/market-report/europe-medical-sensor-market/3963/
Position and Proximity Sensors Market :
https://www.maximizemarketresearch.com/market-report/global-position-and-proximity-sensors-market/34456/
Advanced Marine Power Supply Market :
https://www.maximizemarketresearch.com/market-report/global-advanced-marine-power-supply-market/35827/
Contact Us:
MAXIMIZE Market RESEARCH PVT. LTD.
3rd Floor, Navale IT park Phase 2,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizeMarketresearch.com
About Us:
Maximize Market Research is one of the fastest-growing Market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Solenoid Valves Market to Reach USD 6.8 Bn by 2030, Growing at 5.5% CAGR! here
News-ID: 3909920 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Automotive Haptic Technology Market Growth Forecast 2025-2032 Overview (USD 6.50 …
Automotive Haptic Technology Market size was valued at USD 4.30 Billion in 2024 and the total Global Automotive Haptic Technology Market revenue is expected to grow at a CAGR of 5.3% from 2025 to 2032, reaching nearly USD 6.50 Billion, rising demand for advanced infotainment systems.
Automotive Haptic Technology Market Overview:
The Automotive Haptic Technology Market is witnessing significant growth as automakers increasingly focus on enhancing driver engagement, safety, and comfort. Haptic…
Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR …
According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR.
► Get a sample of the…
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 …
Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn.
Turbo Trainer Market Overview:
The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essential…
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of …
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, is…
More Releases for Valve
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
The availability of abundant natural resources, such as petroleum and shale gas, in Australia is expected to provide profitable opportunities for the Australia pressure safety valve market. Moreover, the government‐™s initiative to encourage offshore exploration of minerals deposits could further boost the business opportunities for market players in Australia. The presence of a wide oil & gas distribution network continues to provide a steady stream of revenue to market players;…
Control Valve Market by Region - North America, Latin America, Europe, Japan, AP …
Increasing penetration of automation across several industrial verticals has fuelled the demand for components that regulate pressure, temperature and other elements effectively. Manufacturers are advancing their capabilities in developing control valves for the future industrial demands. New designs are being incorporated to increase the efficiency of control valves in enabling a direct control of the flow rate, and in processing the information on liquid level, temperature and pressure.
According to Fact.MR’s…
Australian Pressure Safety Valve Market by Offering (Safety Valve and Safety Val …
Australian pressure safety valve market size is expected to reach $65.38 million by 2025 from $52.12 million in 2017, growing at a CAGR of 2.88% during the forecast period (2018–2025). Pressure safety valves (pressure relief valves) are specially designed valves that regulate the surge in pressure within the pressure systems, which otherwise could hinder industrial processes. The valves have outlets that guide the additional flow of fluids or gases, which…
Control Valve Market Analysis Report by Region - North America, Latin America, E …
Fact.MRs’ latest forecast study assesses that the global control valve market will expand steadily during the forecast period, 2017-2026. Increasing industrialization and growing use of pneumatics in mechanical processes will drive the adoption of control valves to a considerable extent. The global control valve market will register expansion at a 5.4% CAGR in terms of volume over, the forecast period. By the end of 2026, control valves worth over US$ 15.5 Bn…
Bleed Valve Market 2017-Eaton, Weir Group, KSB, Mahle, Mogas, Alfa Laval, Nihon …
Apex Research, recently published a detailed market research study focused on the "Bleed Valve Market" across the global, regional and country level. The report provides 360° analysis of "Bleed Valve Market" from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global Bleed Valve industry, and estimates the future trend of Bleed Valve market…
Global Plug Valves Market: Yuandong Valve, Yuanda Valve, Weir, Walworth, Zhengqu …
Global Market Study Evaluate on Plug Valves Industry by Type, Manufacturers, Application, Type, and Regions, Forecast up to 2022
The scope of the global Plug Valves market report is:
This report offers a comprehensive evaluation of the Plug Valves market. It does so by in-depth qualitative insights, historical Plug Valves market data, and verifiable projections about global Plug Valves market size. The projections featured in the Plug Valves market report have been…
