Global Solenoid Valves Market - By Types (Core disc type solenoid valves, Floating Diaphragm type solenoid valves, Flapper Disc type solenoid valves), Way and Position (One Way Solenoid Valves, Two Way Solenoid Valves, Three Way Solenoid Valves, Four Way Solenoid Valves), Electric Signals (AC (Alternating Current) Electric Signals,DC (Direct Current) Electrical Signals), Application, Geography, Trends, Forecast - (2017 - 2022)

Published - Jan 2017 | Category - Automobile & Transportation | No. of Pages - 98 | Published By - Mordor Intelligence

Report Highlights

The Global Solenoid Valves market is valued at USD XX.XX billion in 2016 and is expected to reach a value of USD XX.XX billion by the end of 2022, growing at a projected CAGR of XX.XX% during the forecast period of 2017 - 2022. A solenoid valve is a valve in which an inbuilt solenoid along with a plunger is present which acts as an actuator to control the valve.  It is unidirectional and can only act to open the valve when an electrical signal makes it active. Therefore solenoid valves are particularly used to allow the flow when and as long as an electrical signal is sent to the valve. The solenoid valves can be operated using either of DC (Direct Current) or AC   (Alternating Current) electrical signals. Solenoid valves are used to  control and modulate the flow of liquids and gases.

The global solenoid market is driven by low power consumption, technology advancement, automotive flow system etc. The factors that affect the prices of solenoid valves are the size of the equipment, level of customization of the equipment, and application in which the equipment is used.  

The Solenoid valve market is broadly categorized in terms of types, ways and positions, electric signals, and applications. On the basis of types the market, it is segmented vastly   as:

Core disc type solenoid valves

 Floating diaphragm type solenoid valves

 Flapper disc type solenoid valves

 Hung diaphragm type solenoid valves

 Piston type solenoid valves

 Lever type solenoid valves

   Slide disc type solenoid valves etc.

 The market is highly competitive with emerging advanced technology and segmentation.

Numerous products are available in the solenoid valve market such as:

Brass 2 way solenoid valves

 Bi-state solenoid valves

 Air conditioning valves and others.

The solenoid valve market is highly competitive as some of the key participants are Danfoss Industries Ltd, Norgen Industrial Co., Curtiss Wright Corporation, Emerson Electric Co., Parker Hannifin Corporation, Airtac, and others.


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