What is the current Solenoid Valves Market size?

The Solenoid Valves Market is projected to register a CAGR of 5.40% during the forecast period (2024-2029) Read More

Who are the key players in Solenoid Valves Market?

IMI Precision Engineering, Danfoss Industries Ltd, Curtiss Wright Corporation, Emerson Electric Co. and Parker Hannifin Corporation are the major companies operating in the Solenoid Valves Market. Read More

Which is the fastest growing region in Solenoid Valves Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Solenoid Valves Market?

In 2024, the North America accounts for the largest market share in Solenoid Valves Market. Read More

What years does this Solenoid Valves Market cover?

The report covers the Solenoid Valves Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Solenoid Valves Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Solenoid Valve Market - Size, Share, Trends & Manufacturers

Solenoid Valve Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Solenoid Valves Market is Segmented by Type (Direct Acting, Pilot Operated, Two Way, Three Way, and Four Way), Size (Micro-Miniature, Sub-Miniature, Miniature, Small Diaphragm, and Large Diaphragm), End-User Industry (Food and Beverage, Automotive, Chemical & Petrochemical, Power Generation, Oil and Gas, and Healthcare & Pharmaceutical), and Geography (North America (United States, Canada), Europe (Germany, United Kingdom, Italy, France, and Rest of Europe), Asia-Pacific (China, Japan, India, and Rest of Asia-Pacific), and Rest of the World (Mexico, Brazil, Africa, and Others (Turkey, Etc. ))). The Report Offers Market Forecasts and Size in Value (USD) for all the Above Segments.

Solenoid Valves Industry Overview

The Solenoid Valves Market is highly competitive. In the current market scenario, there is a considerable consolidation among top players in the market. Acquisitions, such as ABB of General Electric Industrial Systems and by Emerson Electric Co. of Aventics have helped a number of vendors to improve their market share as suppliers of solenoid valves and other industrial automation solutions.

In November 2023, Kendrion presents new pressure regulators and new pinch valve at COMPAMED 2023,both high-flow pressure regulator, which is designed for particularly high flow rates with low pressure losses, and the other is a new version of the compact and proven 50.806 pressure regulator family. Both products are designed in accordance to DIN EN ISO 18562, the standard for assessing the biocompatibility of the respiratory tract in medical applications.

In November 2023, Emerson has introduced the new ASCO Series solenoid valve. The valve features a directacting, high flow design that provides an advantage over similar valves in terms of the ratio of flowing volts to power. In order to allow high flows at minimum power levels, the Series 327C design features a balanced poppet structure, making it suitable for use in refineries, power plants and chemical processing plants.