Market Overview:
The global automobile solenoid valve market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for passenger cars and commercial vehicles across the globe. Additionally, factors such as rising disposable income, technological advancements, and growing awareness about fuel-efficient vehicles are also contributing to the growth of this market. The global automobile solenoid valve market is segmented on the basis of type, application, and region. On the basis of type, it is divided into 2-way valves, 3-way valves 4-way valves 5-way valves Others). By application it is classified into passenger cars commercial vehicles). Region wise; it covers North America Latin America Europe Asia Pacific Middle East & Africa).
Product Definition:
An automotive solenoid valve is a component of the fuel injection system in an internal combustion engine. The valve is responsible for controlling the flow of fuel from the pump to the injectors.
2-Way Valve:
2-way valve is a device that controls the flow of fluid in two directions. It can be used to control the flow of liquid or gas in an appropriate container. The product finds application across various industries such as chemical, oil & gas, power generation and automotive among others. In automobiles it is used for controlling fuel injection and exhaust emissions from engines; whereas in power plants it helps control steam pressure within turbines.
3-Way Valve:
3-way valve is a kind of solenoid valve which can be closed by three ports. It’s used in fuel injection systems and air & water dispensing systems. The most common application of 3-way valves is to control the flow of engine oil, transmission fluid, power steering liquid and coolant among others through engine block to cylinder head.
Application Insights:
Passenger cars application segment led the global automobile solenoid valve market in 2017, accounting for more than 60.0% share of the total revenue. The segment is expected to continue its dominance over the forecast period owing to increasing demand for passenger vehicles in developing countries such as India and China. In addition, growing sales of passenger cars in developed countries such as Germany, France and U.K., are also expected to contribute toward industry growth over the forecast period.
The commercial vehicle application segment is projected to witness significant growth during the forecast period on account of rising demand from construction companies operating across various regions including North America.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, with a CAGR of XX% from 2018 to 2030. The growth can be attributed to increasing automobile production in countries such as India and China. In 2017, Asia Pacific produced 33.3 million units of passenger cars and commercial vehicles (light trucks) which was about 29% of the total global production for both categories combined. Increasing automobile demand has led to an increase in automotive solenoid valve production in this region as well resulting into higher market share by 2030 compared to 2016 when they held 23%.
Growth Factors:
- Increasing demand for automobiles
- Growing automotive industry
- Rising disposable income of consumers
- Technological advancements in solenoid valves
- Growing awareness about the benefits of using solenoid valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Automobile Solenoid Valve Market Research Report
By Type
2-Way Valve, 3-Way Valve, 4-Way Valve, 5-Way Valve, Others
By Application
Passenger Cars, Commercial Vehicles
By Companies
Robert Bosch, Continental, Delphi, Denso, Hitachi, Johnson Electric, Mitsubishi Electric, BorgWarner, GKN, Rheinmetall Automotive, Robert Bosch
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Automobile Solenoid Valve Market Report Segments:
The global Automobile Solenoid Valve market is segmented on the basis of:
Types
2-Way Valve, 3-Way Valve, 4-Way Valve, 5-Way Valve, Others
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
Passenger Cars, Commercial Vehicles
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:
- Robert Bosch
- Continental
- Delphi
- Denso
- Hitachi
- Johnson Electric
- Mitsubishi Electric
- BorgWarner
- GKN
- Rheinmetall Automotive
- Robert Bosch
Highlights of The Automobile 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 Valve
- 3-Way Valve
- 4-Way Valve
- 5-Way Valve
- Others
- By Application:
- Passenger Cars
- Commercial Vehicles
- 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 Automobile 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 automobile solenoid valve is a valve used in automotive applications. It is a type of electronically controlled valve, typically found on exhaust systems and fuel injection systems.
Some of the major players in the automobile solenoid valve market are Robert Bosch, Continental, Delphi, Denso, Hitachi, Johnson Electric, Mitsubishi Electric, BorgWarner, GKN, Rheinmetall Automotive, Robert Bosch.
The automobile 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 Automobile 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 Automobile Solenoid Valve Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automobile 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 Automobile 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 Automobile Solenoid Valve Market Size & Forecast, 2020-2028
4.5.1 Automobile Solenoid Valve Market Size and Y-o-Y Growth
4.5.2 Automobile Solenoid Valve Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 2-Way Valve
5.2.2 3-Way Valve
5.2.3 4-Way Valve
5.2.4 5-Way Valve
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Passenger Cars
6.2.2 Commercial Vehicles
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automobile 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 Automobile 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 2-Way Valve
9.6.2 3-Way Valve
9.6.3 4-Way Valve
9.6.4 5-Way Valve
9.6.5 Others
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 Market Size Forecast by Applications
9.10.1 Passenger Cars
9.10.2 Commercial Vehicles
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 2-Way Valve
10.6.2 3-Way Valve
10.6.3 4-Way Valve
10.6.4 5-Way Valve
10.6.5 Others
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 Market Size Forecast by Applications
10.10.1 Passenger Cars
10.10.2 Commercial Vehicles
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 2-Way Valve
11.6.2 3-Way Valve
11.6.3 4-Way Valve
11.6.4 5-Way Valve
11.6.5 Others
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 Market Size Forecast by Applications
11.10.1 Passenger Cars
11.10.2 Commercial Vehicles
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 2-Way Valve
12.6.2 3-Way Valve
12.6.3 4-Way Valve
12.6.4 5-Way Valve
12.6.5 Others
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 Market Size Forecast by Applications
12.10.1 Passenger Cars
12.10.2 Commercial Vehicles
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 2-Way Valve
13.6.2 3-Way Valve
13.6.3 4-Way Valve
13.6.4 5-Way Valve
13.6.5 Others
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) Market Size Forecast by Applications
13.10.1 Passenger Cars
13.10.2 Commercial Vehicles
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 Automobile Solenoid Valve Market: Competitive Dashboard
14.2 Global Automobile Solenoid Valve Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch
14.3.2 Continental
14.3.3 Delphi
14.3.4 Denso
14.3.5 Hitachi
14.3.6 Johnson Electric
14.3.7 Mitsubishi Electric
14.3.8 BorgWarner
14.3.9 GKN
14.3.10 Rheinmetall Automotive
14.3.11 Robert Bosch
