Solenoid Valves

Solenoid Valves
Global Solenoid Valves Market to Reach $5.2 Billion by 2030
The global market for Solenoid Valves estimated at US$3.9 Billion in the year 2022, is projected to reach a revised size of US$5.2 Billion by 2030, growing at a CAGR of 3.4% over the period 2022-2030. Brass, one of the segments analyzed in the report, is projected to record 3.9% CAGR and reach US$2.3 Billion by the end of the analysis period. Growth in the Stainless Steel segment is estimated at 3.4% CAGR for the next 8-year period.

The U.S. Market is Estimated at $810.1 Million, While China is Forecast to Grow at 4.5% CAGR
The Solenoid Valves market in the U.S. is estimated at US$810.1 Million in the year 2022. China, the world`s second largest economy, is forecast to reach a projected market size of US$986.7 Million by the year 2030 trailing a CAGR of 4.5% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.2% and 2.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.Select Competitors (Total 167 Featured) - Aira Euro Automation Pvt Ltd. AirTAC International Group Anshan Solenoid Valve Co. Ltd. CEME SpA Christian Bürkert GmbH & Co. KG Cla-Val Cole-Parmer Instrument Company, LLC. Danfoss A/S Emerson Electric Co. GF Piping Systems GSR ventilechnik GmbH & Co. Kg Hansen Technology Corporation Kaneko Sangyo Co. Ltd. Kendrion N.V. Ode srl Omega Engineering, Inc. Parker Hannifin Corp. Peter Paul Electronics Co., Inc. Rotex Controls, Inc. SMC Corporation Takasago Electric Co., Ltd. The Lee CompanyPlease note: Reports are sold as single-site single-user licenses. Electronic versions require 24-48 hours as each copy is customized to the client with digital controls and custom watermarks. The Publisher uses digital controls protecting against copying and printing is restricted to one full copy to be used at the same location.

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