Solenoid Valves Market: Industry Analysis, Trends & Growth Drivers


Posted October 7, 2015 by ElectronicsIARC

Increasing Industrialization Opportunities in APAC region to drive the Solenoid Valves market at a CAGR of 3.8% till 2020

 
The Report “[b]Solenoid Valves Market Analysis: By Types (Two port, Three-way, Four-way, Direct Acting, Pilot operated); By Industry (Water Treatment, Power, Pulp & Paper, Food & Beverage, Chemical) - With Forecast (2015 - 2020)[/b]”, published by IndustryARC, the market to grow at a CAGR of 3.8% till 2020

[i]Browse 31 Market Tables, 56 Figures spread through 164 Pages and an in-depth TOC on “[b]Solenoid Valves Market[/b]” http://industryarc.com/Report/1273/global-solenoid-valves-market-analysis-report.html[/i]

A [b]Solenoid Valve[/b] is an electromechanically operated Valve which is controlled by flow of electric current through a solenoid. There are types of Valves like two-port, three-port valve and so on. According to these number of outlet ports, the outflow of electricity is switched on and off.

The usage of [b]Solenoid Valves Market[/b] happens most often as Control Elements in Fluidics. These valves are used to shut off, release, dose, distribute or mix fluids. These products are popular due to fast and safe switching, high reliability, long service life, good medium compatibility of the used materials, compact & easy-to-use design and low control power.

Most frequently used product is plunger-type actuator, the pivoted-armature actuators and rock actuators are second most famous among the [b]Solenoid Valve Market[/b].

[b]Applications[/b]:

The most common [b]applications of Solenoid Valves[/b] are noted to be
• In fluid power pneumatic and hydraulic systems, to control cylinders, fluid power motors or larger industrial valves.
• Automatic Irrigation Sprinkler Systems.
• Domestic, Typical Washing Machines and Dishwashers.
• In the Paintball Industry.
• Lately, used in Household Water Purifiers as well.
• Solenoid valves can be used for a wide array of industrial applications, including general on-off control, calibration and test stands, pilot plant control loops, process control systems, and various original equipment manufacturer applications.

[b]Market Trends[/b]:

According to IndustryARC, the revenue generated by [b]Solenoid Valve Market[/b] in 2014 was noted to be $4.05 Billion, and is accounted to grow at a CAGR of 3.8% through 2015 to 2020.

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The [b]Global Solenoid Valves Market[/b] owes its success to the Chemical Industry and Industrial Products which are the key industries for the Solenoid Valve Market.

Oil & gas, Chemical & Petrochemical and Power Generation Industries are the biggest contributors to the revenue generated by [b]Solenoid Valves Market[/b]. These contributed to almost 54% of the overall revenue in 2014, suggest analysts.

Geographically, North America and Europe are expected to occupy a share of more than 50% during the forecast period.

[b]REPORT SCOPE:[/b]

[b]Solenoid Valves Market Report[/b] contains different market aspects explored with particular focus on key market drivers, challenges, constraints and market landscape. The [b]Global Solenoid Valves Market[/b] has been thoroughly analyzed and carefully segmented by geographic locations based on major economic and topographical regions. The report details current market potential and future market growth in this industry. The report overall contains the most detailed, in depth segmentation and analysis of the [b]Solenoid Valves Market[/b] during the forecast period 2015-2020.

[b]Market Segmentation[/b]:

[b]The Solenoid Valves Market[/b] is precisely segmented into 6 types by IndustryARC based on various factors like:
• By Types: Two Way Solenoid Valves, Three Way Solenoid Valves Comprise Three Ports and Others.
• By Components: Coil / Solenoid, Plunger and Others.
• By Seals: Nitrile Rubber (NBR), Fluroelastomer (FKM) and Others.
• By Operation: Direct Acting Valves, Pilot Operated Valves and Manual Reset Valves.
• By Industry: Automobile, Oil&Gas, Mining and Others.
• By Geography: Americas, Europe, Asia and ROW.

[b]Key Players[/b]:

All the top companies of the [b]Solenoid Valve Market[/b] are carefully analyzed by the experts of IndustryARC considering attributes like of the Company Overview, Financial Overview, Business Strategies, Product Portfolios and Recent Developments. Some of the prominent competitors of this market which are studied and mentioned in the report:
• ASCO Valve Inc. (Emersion Electric Company)
• Danfoss A/S
• Curtiss-Wright Corporation
• Burkert Fluid Control Systems
• Kingston Valves

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[b]About IndustryARC:[/b]
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

We look forward to support the client to be able to better address customer needs; stay ahead in the market; become the top competitor and get real-time recommendations on business strategies and deals. Contact us to find out how we can help you today.

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Tags solenoid valves companies , solenoid valves industry , solenoid valves market , solenoid valves market analysis , solenoid valves market forecast , solenoid valves market report , solenoid valves market share , solenoid valves market size
Last Updated October 7, 2015