Solenoid Valves Market
PUBLISHED: 2020 ID: SMRC19069
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Solenoid Valves Market

Solenoid Valves - Global Market Outlook (2018-2027)

4.2 (42 reviews)
4.2 (42 reviews)
Published: 2020 ID: SMRC19069

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Solenoid Valves Market is accounted for $3.86 billion in 2018 and is expected to reach $7.35 billion by 2027 growing at a CAGR of 7.4% during the forecast period. Some of the main factors propelling the market growth are increasing need for water treatment, advancements in manufacturing technologies, and development of cryogen refrigerant technology. However, risk of failure is the restraining factor for the growth of the market.

A solenoid valve is an electromechanical device which works on the principle of electromagnetism. It is mainly used to control the flow of a fluid automatically. These valves are extensively used in large scale industrial plants for the automatic control of fluids.

By application, the water and waste water management segment is expected to grow at a significant market share during the forecast period due to growing support for water treatment and infrastructure by various governments across the globe. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the increasing investment of solenoid valves across various industries in developing countries of the region.

Some of the key players in Solenoid Valves Market include Parker Hannifin Corporation, Danfoss A/S, Asco Valve Inc, GSR Ventiltechnik GmbH & Co Kg, SMC Corporation, Curtiss-Wright Corporation, The LEE Company, Christian Bürkert GmbH & Co Kg, Rotex Controls B.V., and IMI PLC.

Body Materials Covered:
• Aluminum
• Stainless Steel
• Brass
• Plastic

Operations Covered:
• Manual Reset Valves
• Direct Acting Valves
• Pilot Operated Valves

Valve Designs Covered:
• 5-Way Solenoid Valves
• 4-Way Solenoid Valves
• 3-Way Solenoid Valves
• 2-Way Solenoid Valves

Seals Covered:
• Fluroelastomer
• Ethylene Propylene Diene monomer (EPDM)
• Chloroprene
• Ruby
• Polytetrafluoroethylene
• PUR

Applications Covered:
• Food & Beverage 
• Oil & Gas 
• Chemical Industry 
• Agriculture 
• Textile 
• Railways 
• Pulp and Paper 
• Healthcare 
• Power Generation 
• Cement 
• Pharmaceuticals 
• Steel 
• Automobile 
• Water and Waste Water Management 
• Mining 
• Aerospace and Defense  

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary     
       
2 Preface      

 2.1 Abstract     
 2.2 Stake Holders    
 2.3 Research Scope    
 2.4 Research Methodology   
  2.4.1 Data Mining   
  2.4.2 Data Analysis   
  2.4.3 Data Validation   
  2.4.4 Research Approach   
 2.5 Research Sources    
  2.5.1 Primary Research Sources  
  2.5.2 Secondary Research Sources  
  2.5.3 Assumptions    
       
3 Market Trend Analysis    
 3.1 Introduction    
 3.2 Drivers     
 3.3 Restraints     
 3.4 Opportunities    
 3.5 Threats     
 3.6 Application Analysis    
 3.7 Emerging Markets    
 3.8 Impact of Covid-19    
       
4 Porters Five Force Analysis    
 4.1 Bargaining power of suppliers   
 4.2 Bargaining power of buyers   
 4.3 Threat of substitutes    
 4.4 Threat of new entrants   
 4.5 Competitive rivalry    
       
5 Global Solenoid Valves Market, By Body Material  
 5.1 Introduction    
 5.2 Aluminum     
 5.3 Stainless Steel    
 5.4 Brass     
 5.5 Plastic     
       
6 Global Solenoid Valves Market, By Operation  
 6.1 Introduction    
 6.2 Manual Reset Valves    
 6.3 Direct Acting Valves    
 6.4 Pilot Operated Valves   
       
7 Global Solenoid Valves Market, By Valve Design  

 7.1 Introduction    
 7.2 5-Way Solenoid Valves   
 7.3 4-Way Solenoid Valves   
 7.4 3-Way Solenoid Valves   
 7.5 2-Way Solenoid Valves   
       
8 Global Solenoid Valves Market, By Seal   
 8.1 Introduction    
 8.2 Fluroelastomer    
 8.3 Ethylene Propylene Diene monomer (EPDM) 
 8.4 Chloroprene    
 8.5 Ruby      
 8.6 Polytetrafluoroethylene   
 8.7 PUR     
       
9 Global Solenoid Valves Market, By Application  

 9.1 Introduction    
 9.2 Food & Beverage    
  9.2.1 Poultry Feeding Systems  
  9.2.2 Filtration    
  9.2.3 Nitrogen and Carbon Dioxide Injection 
  9.2.4 Spray Arms   
 9.3 Oil & Gas     
  9.3.1 Transmission of Crude Oil  
  9.3.2 Extraction   
  9.3.3 Drilling    
 9.4 Chemical Industry    
  9.4.1 Direction of Chemicals  
  9.4.2 Shut-off of Toxic   
 9.5 Agriculture    
 9.6 Textile     
 9.7 Railways     
 9.8 Pulp and Paper    
  9.8.1 Log Misting Systems   
  9.8.2 Sawdust Control   
  9.8.3 Hydraulic Lifts   
 9.9 Healthcare    
 9.10 Power Generation    
  9.10.1 Deluge Systems   
  9.10.2 Boiler Feed Units   
  9.10.3 Hydraulic Dock Lifts   
  9.10.4 Steam Control   
  9.10.5 Steel Mills   
 9.11 Cement      
 9.12 Pharmaceuticals    
  9.12.1 Sterilizers    
  9.12.2 Water Purification   
  9.12.3 Breathing    
 9.13 Steel     
 9.14 Automobile    
  9.14.1 Air Conditioner Systems  
  9.14.2 Ignition Systems   
  9.14.3 Gear Box    
 9.15 Water and Waste Water Management  
 9.16 Mining     
  9.16.1 Underground Power Stations  
  9.16.2 Dust Control Systems  
 9.17 Aerospace and Defense   
  9.17.1 Cockpit Locks   
  9.17.2 Shutter Actuators   
  9.17.3 Fuel Systems   
  9.17.4 Armament Equipment  
       
10 Global Solenoid Valves Market, By Geography  
 10.1 Introduction    
 10.2 North America    
  10.2.1 US    
  10.2.2 Canada    
  10.2.3 Mexico    
 10.3 Europe     
  10.3.1 Germany    
  10.3.2 UK    
  10.3.3 Italy    
  10.3.4 France    
  10.3.5 Spain    
  10.3.6 Rest of Europe   
 10.4 Asia Pacific    
  10.4.1 Japan    
  10.4.2 China    
  10.4.3 India    
  10.4.4 Australia    
  10.4.5 New Zealand   
  10.4.6 South Korea   
  10.4.7 Rest of Asia Pacific   
 10.5 South America    
  10.5.1 Argentina    
  10.5.2 Brazil    
  10.5.3 Chile    
  10.5.4 Rest of South America  
 10.6 Middle East & Africa    
  10.6.1 Saudi Arabia   
  10.6.2 UAE    
  10.6.3 Qatar    
  10.6.4 South Africa   
  10.6.5 Rest of Middle East & Africa  
       
11 Key Developments     
 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
 11.2 Acquisitions & Mergers   
 11.3 New Product Launch    
 11.4 Expansions    
 11.5 Other Key Strategies    
       
12 Company Profiling     
 12.1 Parker Hannifin Corporation   
 12.2 Danfoss A/S    
 12.3 Asco Valve Inc    
 12.4 GSR Ventiltechnik GmbH & Co Kg  
 12.5 SMC Corporation    
 12.6 Curtiss-Wright Corporation   
 12.7 The LEE Company    
 12.8 Christian Bürkert GmbH & Co Kg   
 12.9 Rotex Controls B.V.    
 12.10 IMI PLC    


List of Tables      
1 Global Solenoid Valves Market Outlook, By Region (2017-2027) ($MN)
2 Global Solenoid Valves Market Outlook, By Body Material (2017-2027) ($MN)
3 Global Solenoid Valves Market Outlook, By Aluminum (2017-2027) ($MN)
4 Global Solenoid Valves Market Outlook, By Stainless Steel (2017-2027) ($MN)
5 Global Solenoid Valves Market Outlook, By Brass (2017-2027) ($MN)
6 Global Solenoid Valves Market Outlook, By Plastic (2017-2027) ($MN)
7 Global Solenoid Valves Market Outlook, By Operation (2017-2027) ($MN)
8 Global Solenoid Valves Market Outlook, By Manual Reset Valves (2017-2027) ($MN)
9 Global Solenoid Valves Market Outlook, By Direct Acting Valves (2017-2027) ($MN)
10 Global Solenoid Valves Market Outlook, By Pilot Operated Valves (2017-2027) ($MN)
11 Global Solenoid Valves Market Outlook, By Valve Design (2017-2027) ($MN)
12 Global Solenoid Valves Market Outlook, By 5-Way Solenoid Valves (2017-2027) ($MN)
13 Global Solenoid Valves Market Outlook, By 4-Way Solenoid Valves (2017-2027) ($MN)
14 Global Solenoid Valves Market Outlook, By 3-Way Solenoid Valves (2017-2027) ($MN)
15 Global Solenoid Valves Market Outlook, By 2-Way Solenoid Valves (2017-2027) ($MN)
16 Global Solenoid Valves Market Outlook, By Seal (2017-2027) ($MN)
17 Global Solenoid Valves Market Outlook, By Fluroelastomer (2017-2027) ($MN)
18 Global Solenoid Valves Market Outlook, By Ethylene Propylene Diene monomer (EPDM) (2017-2027) ($MN)
19 Global Solenoid Valves Market Outlook, By Chloroprene (2017-2027) ($MN)
20 Global Solenoid Valves Market Outlook, By Ruby (2017-2027) ($MN)
21 Global Solenoid Valves Market Outlook, By Polytetrafluoroethylene (2017-2027) ($MN)
22 Global Solenoid Valves Market Outlook, By PUR (2017-2027) ($MN)
23 Global Solenoid Valves Market Outlook, By Application (2017-2027) ($MN)
24 Global Solenoid Valves Market Outlook, By Food & Beverage (2017-2027) ($MN)
25 Global Solenoid Valves Market Outlook, By Poultry Feeding Systems (2017-2027) ($MN)
26 Global Solenoid Valves Market Outlook, By Filtration (2017-2027) ($MN)
27 Global Solenoid Valves Market Outlook, By Nitrogen and Carbon Dioxide Injection (2017-2027) ($MN)
28 Global Solenoid Valves Market Outlook, By Spray Arms (2017-2027) ($MN)
29 Global Solenoid Valves Market Outlook, By Oil & Gas (2017-2027) ($MN)
30 Global Solenoid Valves Market Outlook, By Transmission of Crude Oil (2017-2027) ($MN)
31 Global Solenoid Valves Market Outlook, By Extraction (2017-2027) ($MN)
32 Global Solenoid Valves Market Outlook, By Drilling (2017-2027) ($MN)
33 Global Solenoid Valves Market Outlook, By Chemical Industry (2017-2027) ($MN)
34 Global Solenoid Valves Market Outlook, By Direction of Chemicals (2017-2027) ($MN)
35 Global Solenoid Valves Market Outlook, By Shut-off of Toxic (2017-2027) ($MN)
36 Global Solenoid Valves Market Outlook, By Agriculture (2017-2027) ($MN)
37 Global Solenoid Valves Market Outlook, By Textile (2017-2027) ($MN)
38 Global Solenoid Valves Market Outlook, By Railways (2017-2027) ($MN)
39 Global Solenoid Valves Market Outlook, By Pulp and Paper (2017-2027) ($MN)
40 Global Solenoid Valves Market Outlook, By Log Misting Systems (2017-2027) ($MN)
41 Global Solenoid Valves Market Outlook, By Sawdust Control (2017-2027) ($MN)
42 Global Solenoid Valves Market Outlook, By Hydraulic Lifts (2017-2027) ($MN)
43 Global Solenoid Valves Market Outlook, By Healthcare (2017-2027) ($MN)
44 Global Solenoid Valves Market Outlook, By Power Generation (2017-2027) ($MN)
45 Global Solenoid Valves Market Outlook, By Deluge Systems (2017-2027) ($MN)
46 Global Solenoid Valves Market Outlook, By Boiler Feed Units (2017-2027) ($MN)
47 Global Solenoid Valves Market Outlook, By Hydraulic Dock Lifts (2017-2027) ($MN)
48 Global Solenoid Valves Market Outlook, By Steam Control (2017-2027) ($MN)
49 Global Solenoid Valves Market Outlook, By Steel Mills (2017-2027) ($MN)
50 Global Solenoid Valves Market Outlook, By Cement (2017-2027) ($MN)
51 Global Solenoid Valves Market Outlook, By Pharmaceuticals (2017-2027) ($MN)
52 Global Solenoid Valves Market Outlook, By Sterilizers (2017-2027) ($MN)
53 Global Solenoid Valves Market Outlook, By Water Purification (2017-2027) ($MN)
54 Global Solenoid Valves Market Outlook, By Breathing (2017-2027) ($MN)
55 Global Solenoid Valves Market Outlook, By Steel (2017-2027) ($MN)
56 Global Solenoid Valves Market Outlook, By Automobile (2017-2027) ($MN)
57 Global Solenoid Valves Market Outlook, By Air Conditioner Systems (2017-2027) ($MN)
58 Global Solenoid Valves Market Outlook, By Ignition Systems (2017-2027) ($MN)
59 Global Solenoid Valves Market Outlook, By Gear Box (2017-2027) ($MN)
60 Global Solenoid Valves Market Outlook, By Water and Waste Water Management (2017-2027) ($MN)
61 Global Solenoid Valves Market Outlook, By Mining (2017-2027) ($MN)
62 Global Solenoid Valves Market Outlook, By Underground Power Stations (2017-2027) ($MN)
63 Global Solenoid Valves Market Outlook, By Dust Control Systems (2017-2027) ($MN)
64 Global Solenoid Valves Market Outlook, By Aerospace and Defense (2017-2027) ($MN)
65 Global Solenoid Valves Market Outlook, By Cockpit Locks (2017-2027) ($MN)
66 Global Solenoid Valves Market Outlook, By Shutter Actuators (2017-2027) ($MN)
67 Global Solenoid Valves Market Outlook, By Fuel Systems (2017-2027) ($MN)
68 Global Solenoid Valves Market Outlook, By Armament Equipment (2017-2027) ($MN)
       
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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