Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Air Solenoid Valve Market by Type (Monostable, Bistable, Other), By Application (Chemical Industry, Hydropower, Manufacture, Medical Care, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Air Solenoid Valve Market by Type (Monostable, Bistable, Other), By Application (Chemical Industry, Hydropower, Manufacture, Medical Care, Other) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 226767 4200 Machinery & Equipment 377 197 Pages 4.7 (50)
                                          

Market Overview:


The global air 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 air solenoid valves from various end-use industries, such as chemical industry, hydropower, manufacture, medical care and others. Air solenoid valves are used in various applications such as controlling or regulating the flow of fluids and gases in pipelines and other systems. They are also used for ON/OFF switching operations and for safety shut-off purposes in critical process systems.


Global Air Solenoid Valve Industry Outlook


Product Definition:


An air solenoid valve is an electromechanical device that uses an electric current to open and close a pneumatic valve. The electric current opens and closes the solenoid, which in turn activates or deactivates the air flow through the valve.


Monostable:


Monostable is a one-way valve which can be opened and closed by the activation of only one signal. It has no controlling pressure or flow, it acts as an open and close switch. The most common application of monostable valves is in automotive fuel injection systems where they are used to control the flow of gasoline into the engine cylinders.


Bistable:


Bistable is a device that can be used in air solenoid valve. It's basically an electronic switch which can be turned on/off by applying a small voltage to it. The on-state of bistable devices consists of two stable states, i.e.


Application Insights:


The air solenoid valve is used in various industries including chemical, hydropower, manufacture and others. In 2017, the other application segment dominated the global market with a share of over 30% and is expected to continue its dominance over the forecast period. The major reason for this growth can be attributed to technological advancements that have made air valves suitable for use in several applications across diverse industries.


Air solenoid valves are used as an alternative solution to electro-hydraulic power steering systems due to their low maintenance cost, high durability and compact size which makes them ideal where space at a premium is an issue such as on aircraft or spacecrafts.


Regional Analysis:


North America dominated the global air solenoid valve market in 2017. The U.S., which is one of the major consumers of valves, has a well-established manufacturing sector and high demand from various end-use industries such as chemical, hydropower, and others for controlling machinery operations at different times. North America is also home to several valve manufacturers who are continuously investing in R&D activities to develop technologically advanced products with enhanced features and benefits for their respective end-use markets.


Growth Factors:


  • Increasing demand for automation in various industries
  • Rising adoption of solenoid valves in automobiles
  • Growing popularity of air solenoid valves in HVAC systems
  • Proliferation of smart factories and IIoT across the globe
  • Rising investments in research and development to develop new and innovative products

Scope Of The Report

Report Attributes

Report Details

Report Title

Air Solenoid Valve Market Research Report

By Type

Monostable, Bistable, Other

By Application

Chemical Industry, Hydropower, Manufacture, Medical Care, Other

By Companies

Festo, Humphrey Products, Koganei, US Solid, Airtac, RPE Srl, Parker, JAKSA

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

197

Number of Tables & Figures

138

Customization Available

Yes, the report can be customized as per your need.


Global Air Solenoid Valve Market Report Segments:

The global Air Solenoid Valve market is segmented on the basis of:

Types

Monostable, Bistable, 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

Chemical Industry, Hydropower, Manufacture, Medical Care, 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:

  1. Festo
  2. Humphrey Products
  3. Koganei
  4. US Solid
  5. Airtac
  6. RPE Srl
  7. Parker
  8. JAKSA

Global Air Solenoid Valve Market Overview


Highlights of The Air Solenoid Valve Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Monostable
    2. Bistable
    3. Other
  1. By Application:

    1. Chemical Industry
    2. Hydropower
    3. Manufacture
    4. Medical Care
    5. Other
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Air 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.

How you may use our products:

  • Correctly Positioning New Products
  • Market Entry Strategies
  • Business Expansion Strategies
  • Consumer Insights
  • Understanding Competition Scenario
  • Product & Brand Management
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Air Solenoid Valve Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An air solenoid valve is a type of valve that uses an electric current to open and close. Air solenoid valves are used in applications where precise control over the flow of air or gas is needed, such as in ventilation systems and refrigeration systems.

Some of the major players in the air solenoid valve market are Festo, Humphrey Products, Koganei, US Solid, Airtac, RPE Srl, Parker, JAKSA.

The air solenoid valve market is expected to register a CAGR of 5.5%.

                                            
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Air 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 Air Solenoid Valve Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Air 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 Air 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 Air Solenoid Valve Market Size & Forecast, 2018-2028       4.5.1 Air Solenoid Valve Market Size and Y-o-Y Growth       4.5.2 Air Solenoid Valve Market Absolute $ Opportunity

Chapter 5 Global Air 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 Air Solenoid Valve Market Size Forecast by Type
      5.2.1 Monostable
      5.2.2 Bistable
      5.2.3 Other
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Air 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 Air Solenoid Valve Market Size Forecast by Applications
      6.2.1 Chemical Industry
      6.2.2 Hydropower
      6.2.3 Manufacture
      6.2.4 Medical Care
      6.2.5 Other
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Air 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 Air 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 Air Solenoid Valve Analysis and Forecast
   9.1 Introduction
   9.2 North America Air 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 Air Solenoid Valve Market Size Forecast by Type
      9.6.1 Monostable
      9.6.2 Bistable
      9.6.3 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 Air Solenoid Valve Market Size Forecast by Applications
      9.10.1 Chemical Industry
      9.10.2 Hydropower
      9.10.3 Manufacture
      9.10.4 Medical Care
      9.10.5 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 Air Solenoid Valve Analysis and Forecast
   10.1 Introduction
   10.2 Europe Air 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 Air Solenoid Valve Market Size Forecast by Type
      10.6.1 Monostable
      10.6.2 Bistable
      10.6.3 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 Air Solenoid Valve Market Size Forecast by Applications
      10.10.1 Chemical Industry
      10.10.2 Hydropower
      10.10.3 Manufacture
      10.10.4 Medical Care
      10.10.5 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 Air Solenoid Valve Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Air 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 Air Solenoid Valve Market Size Forecast by Type
      11.6.1 Monostable
      11.6.2 Bistable
      11.6.3 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 Air Solenoid Valve Market Size Forecast by Applications
      11.10.1 Chemical Industry
      11.10.2 Hydropower
      11.10.3 Manufacture
      11.10.4 Medical Care
      11.10.5 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 Air Solenoid Valve Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Air 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 Air Solenoid Valve Market Size Forecast by Type
      12.6.1 Monostable
      12.6.2 Bistable
      12.6.3 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 Air Solenoid Valve Market Size Forecast by Applications
      12.10.1 Chemical Industry
      12.10.2 Hydropower
      12.10.3 Manufacture
      12.10.4 Medical Care
      12.10.5 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) Air Solenoid Valve Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Air 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) Air Solenoid Valve Market Size Forecast by Type
      13.6.1 Monostable
      13.6.2 Bistable
      13.6.3 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) Air Solenoid Valve Market Size Forecast by Applications
      13.10.1 Chemical Industry
      13.10.2 Hydropower
      13.10.3 Manufacture
      13.10.4 Medical Care
      13.10.5 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 Air Solenoid Valve Market: Competitive Dashboard
   14.2 Global Air Solenoid Valve Market: Market Share Analysis, 2019
   14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.3.1 Festo
      14.3.2 Humphrey Products
      14.3.3 Koganei
      14.3.4 US Solid
      14.3.5 Airtac
      14.3.6 RPE Srl
      14.3.7 Parker
      14.3.8 JAKSA

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