Market Overview:
The global direct-operated solenoid valve market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for solenoid valves from various industries, such as oil, chemical, food and others. In addition, the growing demand for energy-efficient and low-maintenance valves is also contributing to the growth of this market. Based on type, the global direct-operated solenoid valve market can be segmented into 2-way solenoid valve, 3-way solenoid valve, 4-way solenoid valve and 5-way solenoid valve. The 2-, 3-, 4-, and 5 - way valves are used in various applications across different industries.
Product Definition:
A direct-operated solenoid valve is a valve that is activated by an electric current. It is used to control the flow of fluids or gases. The importance of direct-operated solenoid valves is that they can be used to control the flow of fluids or gases in a variety of applications, including manufacturing, automotive, and medical applications.
2-Way Solenoid Valve:
2-way solenoid valve is a device that controls the flow of fluid in two directions through the use of two valves, which are connected by a common stem. The first valve is operated directly and controls the upstream side of the connection between it and its downstream side. The other valve operates indirectly via an orifice plate attached to its stem, which allows it to be controlled from any convenient position.
3-Way Solenoid Valve:
3-way solenoid valve is a type of valve, which can be operated by means of two controlling devices, typically a push button and an electrical switch. The three way solenoid valves are widely used in the HVAC industry for applications such as heating ventilation and air conditioning (HVAC), industrial process control systems, fire protection systems water treatment plants and chemical & wastewater treatment plants among others.
Application Insights:
The oil industry was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this segment can be attributed to growing demand for crude oil as a fuel source for ships, trains, trucks and other modes of transport. Direct-operated solenoid valves are used in crude oil refining processes such as vacuum distillation, reboilers, heat exchangers and petrochemical feeders among others.
These valves are also used in natural gas processing plants where it acts as a safety valve that prevents pressure build-up when liquids flow through pipes at high rates of speed or temperatures.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial activities. China, India, Japan, South Korea and Taiwan are some of the prominent countries that form APAC. Increasing oil & gas production in these regions coupled with growing chemical industry is anticipated to drive product demand over the forecast period.
The North America market was valued at USD X million in 2017 owing to high consumption levels associated with chemical manufacturing as well as oil & gas industries across U.S., Canada and Mexico; which forms a large part of North America’s economy thus making it an important consumer for valves globally (IMF 2016).
Growth Factors:
- Increasing demand for automation in various industries to improve operational efficiency
- Rising demand from end-use industries such as oil & gas, water treatment, and power generation
- Growing popularity of solenoid valves in miniaturized applications
- Technological advancements that have led to the development of more efficient and reliable solenoid valves
- Rising concerns over energy conservation and environmental protection
Scope Of The Report
Report Attributes
Report Details
Report Title
Direct-Operated Solenoid Valve Market Research Report
By Type
2-Way Solenoid Valve, 3-Way Solenoid Valve, 4-Way Solenoid Valve, 5-Way Solenoid Valve, Other
By Application
Oil Industry, Chemical Industry, Food Industry, Other
By Companies
AIGNEP, Airtac Automatic Industrial, ASCO Numatics Sirai Srl, AUTOMAX, Avcon Controls PVT. Ltd., BÜRKERT FLUID CONTROL SYSTEMS, CAMOZZI, CKD, Clippard, DANFOSS Refrigeration & Air Conditioning, AIGNEP, FLUID TEAM Automationstechnik GmbH, GSR Ventiltechnik, Humphrey Products, M & M INTERNATIONAL, Magnatrol Valve Corporation, ODE, PNEUMAX, ROTEX AUTOMATION LIMITED
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Direct-Operated Solenoid Valve Market Report Segments:
The global Direct-Operated Solenoid Valve market is segmented on the basis of:
Types
2-Way Solenoid Valve, 3-Way Solenoid Valve, 4-Way Solenoid Valve, 5-Way Solenoid Valve, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil Industry, Chemical Industry, Food Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AIGNEP
- Airtac Automatic Industrial
- ASCO Numatics Sirai Srl
- AUTOMAX
- Avcon Controls PVT. Ltd.
- BÜRKERT FLUID CONTROL SYSTEMS
- CAMOZZI
- CKD
- Clippard
- DANFOSS Refrigeration & Air Conditioning
- AIGNEP
- FLUID TEAM Automationstechnik GmbH
- GSR Ventiltechnik
- Humphrey Products
- M & M INTERNATIONAL
- Magnatrol Valve Corporation
- ODE
- PNEUMAX
- ROTEX AUTOMATION LIMITED
Highlights of The Direct-Operated Solenoid Valve Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 2-Way Solenoid Valve
- 3-Way Solenoid Valve
- 4-Way Solenoid Valve
- 5-Way Solenoid Valve
- Other
- By Application:
- Oil Industry
- Chemical Industry
- Food Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Direct-Operated Solenoid Valve Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Direct-operated solenoid valves are valves that use direct current (DC) to operate them. This type of valve is typically used in applications where high reliability and long life are required, such as air conditioning and refrigeration systems.
Some of the key players operating in the direct-operated solenoid valve market are AIGNEP, Airtac Automatic Industrial, ASCO Numatics Sirai Srl, AUTOMAX, Avcon Controls PVT. Ltd., BœRKERT FLUID CONTROL SYSTEMS, CAMOZZI, CKD, Clippard, DANFOSS Refrigeration & Air Conditioning, AIGNEP, FLUID TEAM Automationstechnik GmbH, GSR Ventiltechnik, Humphrey Products, M & M INTERNATIONAL, Magnatrol Valve Corporation, ODE, PNEUMAX, ROTEX AUTOMATION LIMITED.
The direct-operated solenoid valve market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Direct-Operated Solenoid Valve Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Direct-Operated Solenoid Valve Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Direct-Operated Solenoid Valve Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Direct-Operated Solenoid Valve Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Direct-Operated Solenoid Valve Market Size & Forecast, 2018-2028 4.5.1 Direct-Operated Solenoid Valve Market Size and Y-o-Y Growth 4.5.2 Direct-Operated Solenoid Valve Market Absolute $ Opportunity
Chapter 5 Global Direct-Operated Solenoid Valve Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Direct-Operated Solenoid Valve Market Size Forecast by Type
5.2.1 2-Way Solenoid Valve
5.2.2 3-Way Solenoid Valve
5.2.3 4-Way Solenoid Valve
5.2.4 5-Way Solenoid Valve
5.2.5 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Direct-Operated Solenoid Valve Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Direct-Operated Solenoid Valve Market Size Forecast by Applications
6.2.1 Oil Industry
6.2.2 Chemical Industry
6.2.3 Food Industry
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Direct-Operated Solenoid Valve Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Direct-Operated Solenoid Valve Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Direct-Operated Solenoid Valve Analysis and Forecast
9.1 Introduction
9.2 North America Direct-Operated Solenoid Valve Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Direct-Operated Solenoid Valve Market Size Forecast by Type
9.6.1 2-Way Solenoid Valve
9.6.2 3-Way Solenoid Valve
9.6.3 4-Way Solenoid Valve
9.6.4 5-Way Solenoid Valve
9.6.5 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Direct-Operated Solenoid Valve Market Size Forecast by Applications
9.10.1 Oil Industry
9.10.2 Chemical Industry
9.10.3 Food Industry
9.10.4 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Direct-Operated Solenoid Valve Analysis and Forecast
10.1 Introduction
10.2 Europe Direct-Operated Solenoid Valve Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Direct-Operated Solenoid Valve Market Size Forecast by Type
10.6.1 2-Way Solenoid Valve
10.6.2 3-Way Solenoid Valve
10.6.3 4-Way Solenoid Valve
10.6.4 5-Way Solenoid Valve
10.6.5 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Direct-Operated Solenoid Valve Market Size Forecast by Applications
10.10.1 Oil Industry
10.10.2 Chemical Industry
10.10.3 Food Industry
10.10.4 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Direct-Operated Solenoid Valve Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Direct-Operated Solenoid Valve Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Direct-Operated Solenoid Valve Market Size Forecast by Type
11.6.1 2-Way Solenoid Valve
11.6.2 3-Way Solenoid Valve
11.6.3 4-Way Solenoid Valve
11.6.4 5-Way Solenoid Valve
11.6.5 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Direct-Operated Solenoid Valve Market Size Forecast by Applications
11.10.1 Oil Industry
11.10.2 Chemical Industry
11.10.3 Food Industry
11.10.4 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Direct-Operated Solenoid Valve Analysis and Forecast
12.1 Introduction
12.2 Latin America Direct-Operated Solenoid Valve Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Direct-Operated Solenoid Valve Market Size Forecast by Type
12.6.1 2-Way Solenoid Valve
12.6.2 3-Way Solenoid Valve
12.6.3 4-Way Solenoid Valve
12.6.4 5-Way Solenoid Valve
12.6.5 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Direct-Operated Solenoid Valve Market Size Forecast by Applications
12.10.1 Oil Industry
12.10.2 Chemical Industry
12.10.3 Food Industry
12.10.4 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Direct-Operated Solenoid Valve Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Direct-Operated Solenoid Valve Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Direct-Operated Solenoid Valve Market Size Forecast by Type
13.6.1 2-Way Solenoid Valve
13.6.2 3-Way Solenoid Valve
13.6.3 4-Way Solenoid Valve
13.6.4 5-Way Solenoid Valve
13.6.5 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Direct-Operated Solenoid Valve Market Size Forecast by Applications
13.10.1 Oil Industry
13.10.2 Chemical Industry
13.10.3 Food Industry
13.10.4 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Direct-Operated Solenoid Valve Market: Competitive Dashboard
14.2 Global Direct-Operated Solenoid Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AIGNEP
14.3.2 Airtac Automatic Industrial
14.3.3 ASCO Numatics Sirai Srl
14.3.4 AUTOMAX
14.3.5 Avcon Controls PVT. Ltd.
14.3.6 BÜRKERT FLUID CONTROL SYSTEMS
14.3.7 CAMOZZI
14.3.8 CKD
14.3.9 Clippard
14.3.10 DANFOSS Refrigeration & Air Conditioning
14.3.11 AIGNEP
14.3.12 FLUID TEAM Automationstechnik GmbH
14.3.13 GSR Ventiltechnik
14.3.14 Humphrey Products
14.3.15 M & M INTERNATIONAL
14.3.16 Magnatrol Valve Corporation
14.3.17 ODE
14.3.18 PNEUMAX
14.3.19 ROTEX AUTOMATION LIMITED