Abstract, Snapshot, Market Analysis & Market Definition: Explosion Proof Solenoid Valves Market
A solenoid valve is an electromechanically operated valve. 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.
Worldwide, Europe is the largest market of explosion proof solenoid valve consumption value market, while China is the largest consumption volume market. It is estimated that Europe accounts for about 30% of the industry total revenue. After development of about two decades, China has become the largest consumption volume markket of explosion proof solenoid valve. In 2016, China produces about 25.58% of the global total consumption volume. The market in other developing countries or regions, such as South America is becoming the most important emerging consumption market of solenoid valve. And the production technology and production scale of explosion proof solenoid valve in these regions are also developing quickly, partly driven by the capacity movement from developed countries.
In 2019, the market size of Explosion Proof Solenoid Valves is 511.3 million US$ and it will reach 650.5 million US$ in 2025, growing at a CAGR of 3.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Explosion Proof Solenoid Valves.
This report studies the global market size of Explosion Proof Solenoid Valves, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Explosion Proof Solenoid Valves production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
Market Segmentation, Outlook & Regional Insights: Explosion Proof Solenoid Valves Market
Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Type I
Type II
Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Chemical industry
Petrochemical
Oil and gas
Gas pipe network
Other
Key Players, Recent Developments & Sector Viewpoints: Explosion Proof Solenoid Valves Market
ASCO
Parker
Kendrion
Festo
SMC
Bürkert
Norgren
CKD
KONAN ELECTRIC
ODE
Peter Paul valve
Airtec
Shanghao Hope
SHAKO
Rotex
Kaneko Corporation
JVL
Shanghai Taiming
Zhejiang Yongjiu
PRO UNI-D
Key Insights Covered: Exhaustive Explosion Proof Solenoid Valves Market
1. Market size (sales, revenue and growth rate) of Explosion Proof Solenoid Valves industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Explosion Proof Solenoid Valves industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Explosion Proof Solenoid Valves industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Explosion Proof Solenoid Valves industry.
Research Methodology: Explosion Proof Solenoid Valves Market
- Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
- Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
- Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.