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.
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:
- Festo
- Humphrey Products
- Koganei
- US Solid
- Airtac
- RPE Srl
- Parker
- JAKSA
Highlights of The Air 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:
- Monostable
- Bistable
- Other
- By Application:
- Chemical Industry
- Hydropower
- Manufacture
- Medical Care
- 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 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
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?
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