TBIQYR5082-Global Solenoid Valves Market Research Report 2019

                                          
A solenoid valve is an electromechanically operated valve. Solenoid valve is used to control the fluid and gas automatic based components, belonging to the actuator; the valve is controlled by an electric current through a solenoid: in the case of a two-port valve the flow is switched on or off; in the case of a three-port valve, the outflow is switched between the two outlet ports. Multiple solenoid valves can be placed together on a manifold.  
In the coming years there is an increasing demand for Solenoid Valve in the regions of United States and Europe that is expected to drive the market for more advanced Solenoid Valve. Growth in government budgets in the principal countries, increasing of general industry fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Solenoid Valve will drive growth in United States and Europe markets. 

Globally, the Solenoid Valve industry market is low concentrated as the manufacturing technology of Solenoid Valve is relatively matures than some high-tech equipment. And some enterprises, like ASCO, Kendrion, Danfoss, etc. are well-known for the wonderful performance of their Solenoid Valve and related services. At the same time, Asia-Pacific, occupied 46.17% sales market share in 2016, is remarkable in the global Solenoid Valve industry because of their lowest cost of raw material and labor.

The consumption volume of Solenoid Valve is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Solenoid Valve industry may not keep that fast. But it is surely forecasted that the market of Solenoid Valve is still promising. 

The product average price declined in the past few years due to the technology development, the average price will keep the trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials.

The impact on the cost and availability of raw materials and certain components is uncertain due to potential supply changes. The costs of raw materials have a significant impact on the level of expenses. If the prices of raw materials and related factors such as energy prices increase, and if new companies cannot pass those price increases on to customers, their results of operations and financial condition would suffer.

With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Solenoid Valve market to approach these areas. LPI analysis of the Solenoid Valve market indicated that Asia-Pacific would account for the highest sales in 2022 with close to 47 percent of global sales coming from this region, and Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.

Although the market competition of Solenoid Valve is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Solenoid Valve and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.



The global Solenoid Valves market is valued at 860 million US$ in 2018 is expected to reach 1240 million US$ by the end of 2025, growing at a CAGR of 4.7% during 2019-2025.
This report focuses on Solenoid Valves volume and value at global level, regional level and company level. From a global perspective, this report represents overall Solenoid Valves market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    ASCO
    Kendrion
    Danfoss
    Parker
    Bürkert
    SMC
    Norgren
    CKD
    CEME
    Sirai
    Saginomiya
    ODE
    Takasago Electric
    YPC
    PRO UNI-D
    Airtac
    Zhejiang Sanhua
    Anshan Electromagnetic Value
    Zhejiang Yongjiu
    Juliang Valve
    YONG CHUANG
    Dongjiang Valves
    Shanghai Kangyuan
    Ningbo KeXing
    Sanlixin
    Shanghai Taiming
    Yuyao No.4 Instrument Factory
    Chongqing Dunming

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Two-way SV
    Three-way SV
    Four-way SV
    Others

Segment by Application
    Home appliance
    Automobile
    General industry
    Machinery industry
    Others