Global Automotive Solenoid Market 2017-2021

Global Automotive Solenoid Market 2017-2021

About Automotive Solenoid

A solenoid is a device that is made of an insulated or enameled coil that is wound around a solid iron, solid steel, or powdered iron rod. The core material of the solenoid is ferromagnetic, which helps in concentrating the magnetic lines of flux. The ferromagnetic substance in the solenoid helps in increasing the inductance of the coil. Solenoid convers the electrical energy of the coil into linear motion of the rod. It is also referred as a solenoid valve, an integrated device that contains an electromagnetic solenoid. The solenoid with infinite length and defined diameter is known as an infinite solenoid, and the finite solenoid has a finite length and a fixed diameter.

Technavio’s analysts forecast the global automotive solenoid market to grow at a CAGR of 4.55% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global automotive solenoid market for 2017-2021. To calculate the market size, the report considers the automotive solenoids of engine and control systems, fuel emission control system, chassis, safety, and security system and HVAC, body control and interiors.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Automotive Solenoid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Bosch
  • Delphi Automotive
  • Hitachi
  • Johnson Electric
  • Mitsubishi Electric
Other prominent vendors
  • BorgWarner
  • Continental Hydraulics
  • Infineon Technologies
  •  Rotex Automation
  • TLX Technologies
Market driver
  • Increase in vehicle production year-over-year
  • For a full, detailed list, view our report
Market challenge
  • Improper functioning of solenoid valves
  • For a full, detailed list, view our report
Market trend
  • Customized automotive solenoids
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Automotive Solenoid Market 2017-2021

Technavio recognizes the following companies as the key players in the global automotive solenoid market: Bosch, Delphi Automotive, Hitachi, Johnson Electric, and Mitsubishi Electric

Other Prominent Vendors in the market are: BorgWarner, Continental Hydraulics, Infineon Technologies, Rotex Automation, and TLX Technologies.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Customized automotive solenoids. A wide variety of solenoids are used in automotive components. The size of the solenoid varies depending on the functionality of the component. As the automotive solenoid market is fragmented, there is a high level of competition between the vendors. As the requirements of the OEMs vary, customization of the solenoids provides technical benefits that help the various teams, such as design and engineering teams, to deliver better products to their customers. To stay ahead of the competition and abide by the specifications set by the automotive manufacturers, automotive solenoid manufacturers are customizing their products.”

According to the report, one of the major drivers for this market is Increase in vehicle production year-over-year. Innovation in terms of design and technology in the automobile industry is a major driver for the increase in the overall production of automobiles. In 2016, the overall production of automobiles was recorded to be 94.29 million units, an increase of 1.98% when compared with that of the previous year. The global automotive production is expected to reach 110 million units by 2021.

Further, the report states that one of the major factors hindering the growth of this market is Improper functioning of solenoid valves. The solenoid valves help in controlling the flow of liquid or gas present in the system. The different types of valves (such as two-way valves, three-way valves, and four-way valves) are used for different applications. Different types of materials used for manufacturing solenoid valves are stainless steel, Teflon, and brass. The material is selected based on the properties, such as corrosion level, heating, reliability, and durability.

Companies Mentioned

Bosch, Delphi Automotive, Hitachi, Johnson Electric, Mitsubishi Electric, BorgWarner, Continental Hydraulics, Infineon Technologies, Rotex Automation, and TLX Technologies.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
    • Applications of solenoid
      • Table Industries where solenoid is extensively used
    • Automotive solenoids
      • Table Applications of automotive solenoids
  • Market landscape
    • Market overview
      • Table Global automotive solenoid market
    • Market size and forecast
      • Table Global automotive solenoid market 2016-2021 (units in millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by application
    • Overview: Global automotive solenoid market by application
      • Table Global automotive solenoid market 2016 (% share)
      • Table Global automotive solenoid market 2021 (% share)
      • Table Global automotive solenoid market 2016-2021 (% share)
    • Global automotive solenoid market for engine and control systems
      • Table Global automotive solenoid market for engine and control systems 2016-2021 (units in millions)
    • Global automotive solenoid market for chassis, safety, and security systems
      • Table Global automotive solenoid market for chassis, safety, and security systems 2016-2021 (units in millions)
    • Global automotive solenoid market for HVAC, body control, and interiors
      • Table Global automotive solenoid market for HVAC, body control, and interiors 2016-2021(units in millions)
    • Global automotive solenoid market for fuel emission control systems
      • Table Global automotive solenoid market for fuel emission control systems 2016-2021(units in millions)
  • Geographic segmentation
    • Overview: Global automotive solenoid market by geography
      • Table Global automotive solenoid market by geography 2016 (% share)
      • Table Global automotive solenoid market by geography 2021 (% share)
      • Table Global automotive solenoid market by geography 2016-2021 (% share)
    • Automotive solenoid market in APAC
      • Table Automotive solenoid market in APAC 2016-2021 (units in millions)
    • Automotive solenoid market in Americas
      • Table Automotive solenoid market in Americas 2016-2021 (units in millions)
    • Automotive solenoid market in EMEA
      • Table Automotive solenoid market in EMEA 2016-2021 (units in millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Global automotive production 2016-2021 (units in millions)
    • Market challenges
  • Market trends
    • Customized automotive solenoids
    • Increased use of solenoids for various applications in automobiles
    • Increased demand for vehicles that operate on alternative fuels
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors: Global automotive solenoid market
    • Bosch
      • Table Bosch: Geographic segmentation by revenue 2016 (% share)
      • Table Bosch: Business segmentation by revenue 2016 (% share)
      • Table Bosch: Recent developments
    • Delphi Automotive
      • Table Delphi Automotive: Net sales by region 2016 (% share)
      • Table Delphi Automotive: Business segmentation by revenue 2016 (% share)
      • Table Delphi Automotive: Recent developments
    • Johnson Electric
      • Table Johnson Electric: Net sales by region 2016 (% share)
      • Table Johnson Electric: Business segmentation by revenue 2016 (% share)
      • Table Recent developments
    • Hitachi
      • Table Hitachi: Geographic segmentation by revenue 2016 (% share)
      • Table Hitachi: Business segmentation by revenue 2016 (% share)
      • Table Hitachi: Recent developments
    • Mitsubishi Electric
      • Table Mitsubishi Electric: Business segmentation by revenue 2016 (% share)
      • Table Mitsubishi Electric: Geographic segmentation by revenue 2016 (% share)
      • Table Mitsubishi Electric: Recent developments
    • Other prominent vendors
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook