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Global Solenoid Valves Market 2017-2021

Global Solenoid Valves Market 2017-2021

About Solenoid Valves

Solenoid valves are electromechanically operated and are mainly used to control the elements in fluidics. These solenoid valves are controlled with the increase and decrease of electric current through a solenoid and offer safe switching and high reliability. Solenoid valves come in various structural models such as stainless steel, brass, and plastic. Depending on the application the end-user, it is possible to customize the body type, model, and other functions.

Technavio’s analysts forecast the global solenoid valves market to grow at a CAGR of 3.63% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global solenoid valves market for 2017-2021. To calculate the market size, the report considers new installations, retrofits, and replacements.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Solenoid Valves 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
  • Danfoss
  • Emerson
  • Omega Engineering
  • Parker Hannifin
  • Rotork
Other prominent vendors
  • Avcon Controls
  • Bürkert Contromatic
  • CKD
  • Curtiss-Wright
  • Festo
  • Janatics
  • Ningbo Kailing Pneumatic
  • Rotex Automation
  • SMC Corporation
  • Takasago Electric
Market driver
  • Declining prices of solenoid valves
  • For a full, detailed list, view our report
Market challenge
  • Fluctuations in raw material prices
  • For a full, detailed list, view our report
Market trend
  • Use of miniature solenoid valves
  • 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

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

Technavio recognizes the following companies as the key players in the global solenoid valves market: Danfoss, Emerson, Omega Engineering, Parker Hannifin, and Rotork.

Other Prominent Vendors in the market are: Avcon Controls, Bürkert Contromatic, CKD, Curtiss-Wright, Festo, Janatics, Ningbo Kailing Pneumatic, Rotex Automation, SMC Corporation, and Takasago Electric.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is use of miniature solenoid valves. Miniature solenoid valves are used in the food and beverage, pharmaceuticals, and other end-user industries. Due to the reduced size of the valves, their use is higher in the food and beverage industry.”

According to the report, one driver in the market is declining prices of solenoid valves. The global solenoid valves market is highly fragmented with many vendors offering a variety of products. The entry of many Asian manufacturers into the solenoid valves markets is intensifying the competition and compelling the prominent vendors to reduce their product prices in order to retain their market share.

Further, the report states that one challenge in the market is fluctuations in raw material prices. The major raw materials used to manufacture solenoid valves are steel, hardened steel, brass, cast iron, aluminum, and plastic. Raw material prices are governed by material availability and inflation Fluctuating raw material prices affect the cost of production, and it is not possible for the vendors to anticipate the price changes and act on it.

Danfoss, Emerson, Omega Engineering, Parker Hannifin, Rotork, Avcon Controls, Bürkert Contromatic, CKD, Curtiss-Wright, Festo, Janatics, Ningbo Kailing Pneumatic, Rotex Automation, SMC Corporation, and Takasago Electric.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Solenoid valves: Applications
  • Market landscape
    • Market overview
      • Table Market overview
    • Global solenoid valves market
      • Table Global solenoid valves market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Global solenoid valve market by product type
      • Table Global solenoid valve market by product type 2016 and 2021 (%)
    • Global solenoid valves market by two-way solenoid valve type
      • Table Global solenoid valves market by two-way solenoid valve type 2016-2021($ millions)
      • Table Characteristics of two-way solenoid valves
    • Global solenoid valves market by three-way solenoid valve type
      • Table Global solenoid valves market by three-way solenoid valve type 2016-2021
      • Table Characteristics of three-way solenoid valves
    • Global solenoid valves market by four-way solenoid valve type
      • Table Global solenoid valves market by four-way solenoid valve type 2016-2021($ millions)
      • Table Characteristics of four-way solenoid valves
  • Market segmentation byend-user
    • Global solenoid valve market by end-user type
      • Table Global solenoid valves market by end-user type 2016 and 2021 (% share)
    • Global solenoid valves market in chemical industry
      • Table Global solenoid valves market in chemical industry 2016-2021 ($ millions)
      • Table Applications of solenoid valves in the chemical industry
    • Global solenoid valves market in water and waste water management industry
      • Table Global solenoid valves market in water and wastewater management industry 2016-2021 ($ millions)
      • Table Applications of solenoid valves in the water and wastewater management industry
    • Global solenoid valves market in oil and gas industry
      • Table Global solenoid valves market in oil and gas industry 2016-2021 ($ millions)
      • Table Applications of solenoid valves in the oil and gas industry
    • Global solenoid valves market in power generation industry
      • Table Global solenoid valves market in power generation industry 2016-2021 ($ millions)
      • Table Applications of solenoid valves in the power generation industry
    • Global solenoid valves market in food and beverage industry
      • Table Global solenoid valves market in food and beverage industry 2016-2021 ($ millions)
      • Table Applications of solenoid valves in the food and beverage industry
    • Global solenoid valves market in other industries
      • Table Global solenoid valves market in other industries 2016-2021 ($ millions)
      • Table Applications of solenoid valves in other industries
  • Geographical segmentation
    • Global solenoid valve market by geography
      • Table Global solenoid valves market by geographical segmentation 2016 and 2021 (%)
    • Solenoid valves market in EMEA
      • Table Solenoid valves market in EMEA 2016-2021 ($ millions)
      • Table Key investments in EMEA
    • Solenoid valves market in APAC
      • Table Solenoid valves market in APAC 2016-2021 ($ millions)
      • Table Key investments in APAC
    • Solenoid valves market in Americas
      • Table Solenoid valves market in Americas 2016-2021 ($ millions)
      • Table Key investments in Americas
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Change in prices of aluminum and iron ore in 2016
  • Market trends
    • Increasing use of valve diagnostic systems
    • Use of miniature solenoid valves
    • Customization options
  • Vendor landscape
    • Competitive landscape
    • Prominent vendors
      • Table Prominent vendors of solenoid valves
    • Other prominent vendors
    • Competition analysis
    • Danfoss
      • Table Danfoss: Business segments
      • Table Danfoss: Solenoid valve product portfolio
    • Emerson
      • Table Emerson: Business segments
      • Table Emerson: Solenoid valve product portfolio
    • Omega Engineering
      • Table Omega Engineering: Business segments
      • Table Omega Engineering: Solenoid valve product portfolio
    • Parker Hannifin
      • Table Parker Hannifin: Business segments
      • Table Parker Hannifin: Solenoid valve product portfolio
    • Rotork
      • Table Rotork: Business segments
      • Table Rotork: Solenoid valve product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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