Press release
Solenoid Valves Market Set to Surpass USD 6.8 Billion by 2030
Solenoid Valves Market size was valued at USD 4.67 Billion in 2023 and the Solenoid Valves Market revenue is expected to reach USD 6.8 Billion by 2030, at a CAGR of 5.5 % over the forecast period.
◆ Market Dynamics
Solenoid valves are integral to modern automation systems, offering precise control over fluid and gas flow. Their applications span various sectors, including oil and gas, chemical and petrochemical, water and wastewater, food and beverages, power generation, pharmaceuticals, automotive, medical, and aerospace industries . The demand for energy-efficient and low-maintenance solutions further propels market growth.
Curious to peek inside? Grab your sample copy of this report now:https://www.maximizemarketresearch.com/request-sample/29664/
◆ Regional Demand
The Asia-Pacific region dominates the solenoid valves market, accounting for a significant share of global revenue. Rapid industrialization, infrastructural developments, and the presence of major market players in countries like China and India contribute to this dominance .
◆ Country-Specific Insights
Growth Opportunities in Vietnam
Vietnam's burgeoning manufacturing sector, particularly in electronics and automotive, is driving the demand for solenoid valves. The government's focus on industrialization and foreign direct investment creates a favorable environment for market growth.
Trends in Thailand
Thailand's automotive industry, a key economic driver, increasingly adopts automation technologies, including solenoid valves, to enhance production efficiency and meet global standards.
Consolidation in Japan
Japan's advanced manufacturing landscape sees companies like KANEKO SANGYO Co. Ltd leading in solenoid valve production. Mergers and acquisitions in the sector aim to consolidate technological expertise and expand market reach.
Updation in South Korea
South Korea's solenoid valve industry is projected to expand at a CAGR of 4.9%, reaching USD 280.6 million by 2033. Innovations, such as Kendrion's bistable solenoid valve 63.0, highlight the country's commitment to technological advancement .
Opportunities in Singapore
Singapore's strategic initiatives in smart manufacturing and automation bolster the demand for advanced solenoid valves. The country's emphasis on precision engineering and high-tech industries presents significant market opportunities.
Growth in the United States
The U.S. market benefits from a robust industrial base and advancements in automation and process control. The automotive sector, in particular, utilizes solenoid valves for fuel systems, emission control, and HVAC systems .
Trends in China
China's rapid industrialization and focus on infrastructure development drive the solenoid valves market. The country's emphasis on energy efficiency and environmental sustainability further accelerates the adoption of advanced valve technologies.
Consolidation in Europe
Europe holds a substantial market share, with countries like Germany and the UK leading in technological innovation. The region's stringent energy efficiency regulations and focus on automation in sectors like pharmaceuticals and food processing contribute to market growth .
Excited to dive in? Request your sample copy of the report to uncover its contents:https://www.maximizemarketresearch.com/request-sample/29664/
◆ Global Solenoid Valves Market Classifications
By Material
Stainless Steel
Brass
Aluminium
Plastic
By Valve Design Type
2-way
3-way
4-way
5-way
By Industry
Oil & Gas
Chemical & Petrochemical
Water & Wastewater
Food & Beverages
Power Generation
Pharmaceuticals
Automotive
Medical
Aerospace
Others
Interested to take a sneak peek? Request a sample copy of the report to see what's inside:https://www.maximizemarketresearch.com/request-sample/29664/
◆ The following companies are included in the market for Global Solenoid Valves :
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)
For deeper market insights, peruse the summary of the research report: https://www.maximizemarketresearch.com/market-report/global-solenoid-valves-market/29664/
◆ Get Market Research Latest Trends
Welding Electrode Market https://www.maximizemarketresearch.com/market-report/welding-electrode-market/187529/
Photoresist Market https://www.maximizemarketresearch.com/market-report/global-photoresist-market/3587/
Global Atomic Layer Deposition (ALD) Equipment Market https://www.maximizemarketresearch.com/market-report/global-atomic-layer-deposition-ald-equipment-market/35272/
Global Mineral Sand Market https://www.maximizemarketresearch.com/market-report/global-mineral-sand-market/89669/
Global Heat Sinks Market https://www.maximizemarketresearch.com/market-report/heat-sinks-market/11450/
Global Sputtering Target Market https://www.maximizemarketresearch.com/market-report/global-sputtering-target-market/102381/
Global Medium-voltage Switchgear Market https://www.maximizemarketresearch.com/market-report/global-medium-voltage-switchgear-market/23603/
Global Smart Indoor Garden Market https://www.maximizemarketresearch.com/market-report/global-smart-indoor-garden-market/23460/
Leak Detection Market https://www.maximizemarketresearch.com/market-report/global-leak-detection-market/96475/
global rectifier transformers market https://www.maximizemarketresearch.com/market-report/global-rectifier-transformers-market/67244/
Contact Maximize Market Research:
3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656
About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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 Set to Surpass USD 6.8 Billion by 2030 here
News-ID: 3981936 • Views: …
More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.
Global Fire Safety Equipment Market to Reach USD 79.50 Billion by 2032, Growing …
Opening Paragraph:
According to a new report by Maximize Market Research, the global fire safety equipment market was valued at USD 50.26 billion in 2024 and is projected to reach USD 79.50 billion by 2032, advancing at a CAGR of 5.9%. Demand is driven by increasing fire safety regulations, infrastructure development, and technological integration including smart fire alarm systems.
Download your sample copy of this report today!https://www.maximizemarketresearch.com/request-sample/114873/ …
Medical Writing Market to Reach USD 10.67 Billion by 2032 with 10.4% CAGR - Medi …
Opening Paragraph:
According to a new report by Maximize Market Research, the global medical writing market was valued at USD 4.83 billion in 2024 and is expected to reach USD 10.67 billion by 2032, growing at a CAGR of 10.4%. Increasing pharmaceutical R&D and clinical trial activities are key growth engines.
Download your sample copy of this report today!https://www.maximizemarketresearch.com/request-sample/125488/
Key Highlights:
Market Size & CAGR: USD 4.83 billion in 2024,…
Nanomedicine Market Forecast: Global Value to Exceed USD 368 Billion by 2030 wit …
Opening Paragraph:
According to a new report by Maximize Market Research, the global nanomedicine market was valued at USD 165.45 billion in 2023 and is expected to reach USD 368.05 billion by 2030, advancing at a CAGR of 12.1%. Demand is surging due to escalating healthcare needs, innovation in nanotechnology, and personalized therapeutics.
Download your sample copy of this report today! https://www.maximizemarketresearch.com/request-sample/39223/
Key Highlights:
Market Size & CAGR: USD…
Alarm Security System Market Forecast: Global Value to Reach USD 14.34 Billion b …
Opening Paragraph:
According to a new report by Maximize Market Research, the global alarm security system market was valued at USD 8.45 billion in 2022 and is projected to reach USD 14.34 billion by 2029, advancing at a CAGR of 7.85%. Growth is propelled by increasing demand for residential, commercial, and industrial security solutions.
Download your sample copy of this report today!https://www.maximizemarketresearch.com/request-sample/195252/
Key Highlights:
Market Size & CAGR: USD…
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…
