Market Overview:
The global automotive fluid control solenoid 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 automobiles across the globe and rising adoption of advanced technologies in vehicles. The global automotive fluid control solenoid market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into 2-way valve, 3-way valve, 4-way valve, 5-way valve, and others. On the basis of application,the market is segmented into engine control & cooling system,, fuel & emission control,, safety and security,, body control & interiors,, HVAC,, and others. The engine control & cooling system segment dominatesthe global automotive fluidcontrol solenoidmarket owingto its widespread use in various typesof enginesin vehicles across all regions. However,.
Product Definition:
A solenoid is an electromechanical device that uses an electric current to generate a magnetic field. This magnetic field can be used to control the position or flow of a mechanical component, such as a valve. Automotive fluid control solenoids are used in many applications, including fuel injection, brake systems, and power steering systems. They are important because they allow for precise and reliable control of the flow of fluids in these systems.
2-Way Valve:
2-way valve is a device that controls the flow of fluid in two directions. It can be used to control fuel, oil, coolant or other liquids and gases in an automotive engine. The growth factor for 2-way valve market is increasing demand from emerging economies such as India and China where the government has mandated the use of modern fuels with less harmful emissions.
3-Way Valve:
3-way valve is a device used to control fluid flow in three different directions. It can be used for controlling the flow of liquid air, engine oil, transmission fluids and hydraulic fluids. The automotive industry has witnessed an increase in demand for fuel efficient vehicles with reduced emissions which has led to the development of 3-way valves that are capable of reducing exhaust emissions by optimizing powertrain efficiency and enhancing vehicle performance.
Application Insights:
The engine control and cooling system application segment led the market in 2017. This is attributed to the extensive use of solenoids for controlling fluid flow within an automobile engine. The fuel and emission control solenoid is also expected to witness considerable demand over the forecast period owing to stringent regulations pertaining to these issues in various regions, including North America and Europe.
Safety and security solenoids are used extensively in automobiles for a wide range of functions, such as closing fuel caps or opening doors after a crash has occurred. These devices operate on 2-way or 3-way valves technology, which allows them open & close according with their settings while protecting vehicle safety during normal operations by preventing accidental opening when they are turned off or misplaced away from their intended location inside vehicles. Other applications include body control & interior systems along with HVAC (heating, ventilation, air conditioning).
Regional Analysis:
The North American regional market dominated the global industry in terms of revenue share in 2017. The region is expected to maintain its dominance over the forecast period owing to increasing demand for enhanced safety and security systems, along with stringent government regulations pertaining to vehicular emissions.
Asia Pacific is projected to be one of the fastest-growing regional markets from 2018 to 2030 due to rising product demand from developing countries such as India and China. Furthermore, growing automotive production facilities in these regions are likely boost product sales across Asia Pacific during the forecast period.
Growth Factors:
- Increasing demand for vehicles: The automotive fluid control solenoid market is expected to grow with the increasing demand for vehicles. This is due to the increase in disposable income and changing lifestyle of people, which has led to an increase in the number of vehicles on the road.
- Technological advancements: The automotive fluid control solenoid market is expected to grow with the technological advancements in this field. This will help improve fuel efficiency and performance of vehicles, which will lead to an increase in their sales.
- Stringent emission norms: Stringent emission norms are being implemented by various governments across the world, which is leading automakers towards adopting advanced technologies such as automotive fluid control solenoids for reducing emissions from their vehicles.
- Growing popularity of electric and hybrid cars: Electric and hybrid cars are becoming increasingly popular owing to their low emissions levels and fuel efficiency as compared to traditional petrol or diesel-powered cars, thereby propelling growth of the automotive fluid control solenoid market over the forecast period.. 5
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Fluid Control Solenoid Market Research Report
By Type
2-Way Valve, 3-Way Valve, 4-Way Valve, 5-Way Valve
By Application
Engine Control & Cooling System, Fuel & Emission Control, Safety and Security, Body Control & Interiors, HVAC, Others
By Companies
Robert Bosch GmbH (Germany), Hitachi Ltd. (Japan), Mitsubishi Electric Corporation (Japan), Continental AG (Germany), Johnson Electric Holding (China), BorgWarner (U.S.), Delphi Automotive PLC (U.K.), Robert Bosch GmbH (Germany)
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
179
Number of Tables & Figures
126
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Fluid Control Solenoid Market Report Segments:
The global Automotive Fluid Control Solenoid market is segmented on the basis of:
Types
2-Way Valve, 3-Way Valve, 4-Way Valve, 5-Way Valve
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
Engine Control & Cooling System, Fuel & Emission Control, Safety and Security, Body Control & Interiors, HVAC, Others
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 GmbH (Germany)
- Hitachi Ltd. (Japan)
- Mitsubishi Electric Corporation (Japan)
- Continental AG (Germany)
- Johnson Electric Holding (China)
- BorgWarner (U.S.)
- Delphi Automotive PLC (U.K.)
- Robert Bosch GmbH (Germany)
Highlights of The Automotive Fluid Control Solenoid 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
- By Application:
- Engine Control & Cooling System
- Fuel & Emission Control
- Safety and Security
- Body Control & Interiors
- HVAC
- Others
- 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 Automotive Fluid Control Solenoid 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
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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?
An automotive fluid control solenoid is a device used to control the flow of fluid in an engine. It is typically found near the oil filter and helps to regulate oil pressure and temperature.
Some of the major companies in the automotive fluid control solenoid market are Robert Bosch GmbH (Germany), Hitachi Ltd. (Japan), Mitsubishi Electric Corporation (Japan), Continental AG (Germany), Johnson Electric Holding (China), BorgWarner (U.S.), Delphi Automotive PLC (U.K.), Robert Bosch GmbH (Germany).
The automotive fluid control solenoid 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 Automotive Fluid Control Solenoid 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 Automotive Fluid Control Solenoid Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Fluid Control Solenoid 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 Automotive Fluid Control Solenoid 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 Automotive Fluid Control Solenoid Market Size & Forecast, 2020-2028
4.5.1 Automotive Fluid Control Solenoid Market Size and Y-o-Y Growth
4.5.2 Automotive Fluid Control Solenoid 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
5.3 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 Engine Control & Cooling System
6.2.2 Fuel & Emission Control
6.2.3 Safety and Security
6.2.4 Body Control & Interiors
6.2.5 HVAC
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Fluid Control Solenoid 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 Automotive Fluid Control Solenoid 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
9.7 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 Engine Control & Cooling System
9.10.2 Fuel & Emission Control
9.10.3 Safety and Security
9.10.4 Body Control & Interiors
9.10.5 HVAC
9.10.6 Others
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
10.7 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 Engine Control & Cooling System
10.10.2 Fuel & Emission Control
10.10.3 Safety and Security
10.10.4 Body Control & Interiors
10.10.5 HVAC
10.10.6 Others
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
11.7 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 Engine Control & Cooling System
11.10.2 Fuel & Emission Control
11.10.3 Safety and Security
11.10.4 Body Control & Interiors
11.10.5 HVAC
11.10.6 Others
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
12.7 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 Engine Control & Cooling System
12.10.2 Fuel & Emission Control
12.10.3 Safety and Security
12.10.4 Body Control & Interiors
12.10.5 HVAC
12.10.6 Others
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
13.7 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 Engine Control & Cooling System
13.10.2 Fuel & Emission Control
13.10.3 Safety and Security
13.10.4 Body Control & Interiors
13.10.5 HVAC
13.10.6 Others
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 Automotive Fluid Control Solenoid Market: Competitive Dashboard
14.2 Global Automotive Fluid Control Solenoid Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Robert Bosch GmbH (Germany)
14.3.2 Hitachi Ltd. (Japan)
14.3.3 Mitsubishi Electric Corporation (Japan)
14.3.4 Continental AG (Germany)
14.3.5 Johnson Electric Holding (China)
14.3.6 BorgWarner (U.S.)
14.3.7 Delphi Automotive PLC (U.K.)
14.3.8 Robert Bosch GmbH (Germany)
