Market Overview:
The global electromechanical solenoid valves market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electromechanical solenoid valves in various applications, such as home appliances, automobiles, general industry, and automation. Additionally, the growing demand for energy-efficient and environment-friendly products is also contributing to the growth of this market.
Product Definition:
An electromechanical solenoid valve is an electrically operated valve that uses a solenoid to control the flow of fluid. The solenoid is a coil of wire that generates a magnetic field when current flows through it. This magnetic field can be used to open or close the valve, depending on the configuration of the valve. Electromechanical valves are often used in industrial applications where precise control over fluid flow is essential. They are also frequently used in heating, ventilation, and air conditioning (HVAC) systems.
Direct-acting Type:
Direct-acting type is a term used to define a valve that opens and stays open as long as the pressure across it remains higher than the setpoint. Direct acting valves are closed by default, and only open when the upstream pressure increases beyond a certain level.
The most common application of direct-acting valves is in pneumatic conveying systems where they are used for controlling flow rates in both directions (eccentric flow control).
Sub-step Direct-acting Type:
Sub-step direct-acting type is a new concept of indirect acting solenoid valves. The main characteristic of this valve is that it has only one controlling element (actuator) without any additional moveable parts like in conventional indirect acting solenoid valves. This eliminates the need for two controlling elements, which reduces the possibility of failure and helps to reduce manufacturing cost significantly.
Application Insights:
The home appliance segment accounted for the largest revenue share in 2017 and is expected to witness significant growth over the forecast period. The increasing use of electromechanical solenoid valves in water heaters, pool pumps, spa & hot tubs, kitchen appliances such as dishwashers and microwave ovens are among few factors propelling product demand. In addition, rising demand for energy-efficient products is also expected to have a positive impact on market growth over the coming years.
Automobile application segment was one of the fastest-growing segments with a CAGR exceeding 7% from 2018 to 2030 owing to growing adoption of advanced safety features including airbags and ABS brakes among others by major car manufacturers globally. In addition, these valves are used as actuators or switches for various functions including lights on/off operation or opening/closing windows in vehicles equipped with electronic systems.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to increasing demand for automation in industrial and commercial establishments, rising population, and rapid urbanization in emerging economies such as China and India. Furthermore, growing awareness regarding energy conservation is anticipated to drive product demand in this region.
North America held the largest share of nearly 35% in 2017 due to early adoption of EMSVs by major industries across the U.S., Canada, and Mexico coupled with stringent regulations imposed on manufacturing industries by regulatory bodies such as OSHA & EPA are some factors that can be attributed toward high market penetration rates observed for North America region during 2017’s survey period. Europe was another prominent shareholder within the global arena; however its share has been decreasing steadily since 2016 owing both ends i.e.
Growth Factors:
- Increasing demand for electromechanical solenoid valves from the oil and gas industry as a result of the growth in exploration and production activities
- Rising demand for electromechanical solenoid valves from the water and wastewater treatment industry due to stringent government regulations on water usage and discharge
- Growing popularity of electromechanical solenoid valves in HVAC applications, owing to their ability to regulate airflow precisely
- Increasing adoption of electromechanical solenoid valves in automotive applications, due to their superior performance characteristics compared to traditional pneumatic valve systems
- Proliferation of smart factories that use advanced control systems that require high-performance electromechanical solenoid valves
Scope Of The Report
Report Attributes
Report Details
Report Title
Electromechanical Solenoid Valves Market Research Report
By Type
Direct-acting Type, Sub-step Direct-acting Type, Pilot-type
By Application
Home Appliance, Automobile, General Industry, Automation, Others
By Companies
ASCO, Kendrion, Danfoss, Parker, Bürkert, SMC, Norgren, CKD, CEME, Saginomiya, ASCO, ODE, Takasago Electric, Zhejiang Sanhua, YPC, PRO UNI-D, Anshan Electromagnetic Value, Airtac, Juliang Valve, Zhejiang Yongjiu, YONG CHUANG, Dongjiang Valves, Shanghai Kangyuan, Ningbo KeXing, Sanlixin, Shanghai Taiming, Chongqing Dunming, Yuyao No.4 Instrument Factory
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Electromechanical Solenoid Valves Market Report Segments:
The global Electromechanical Solenoid Valves market is segmented on the basis of:
Types
Direct-acting Type, Sub-step Direct-acting Type, Pilot-type
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
Home Appliance, Automobile, General Industry, Automation, 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:
- ASCO
- Kendrion
- Danfoss
- Parker
- Bürkert
- SMC
- Norgren
- CKD
- CEME
- Saginomiya
- ASCO
- ODE
- Takasago Electric
- Zhejiang Sanhua
- YPC
- PRO UNI-D
- Anshan Electromagnetic Value
- Airtac
- Juliang Valve
- Zhejiang Yongjiu
- YONG CHUANG
- Dongjiang Valves
- Shanghai Kangyuan
- Ningbo KeXing
- Sanlixin
- Shanghai Taiming
- Chongqing Dunming
- Yuyao No.4 Instrument Factory
Highlights of The Electromechanical Solenoid Valves 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:
- Direct-acting Type
- Sub-step Direct-acting Type
- Pilot-type
- By Application:
- Home Appliance
- Automobile
- General Industry
- Automation
- 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 Electromechanical Solenoid Valves 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
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- Product & Brand Management
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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?
Electromechanical solenoid valves are used in fluid and gas systems to control the flow of fluids or gases. They use an electromagnet to open and close a valve, which can be controlled by a computer or other controller.
Some of the major players in the electromechanical solenoid valves market are ASCO, Kendrion, Danfoss, Parker, B¼rkert, SMC, Norgren, CKD, CEME, Saginomiya, ASCO, ODE, Takasago Electric, Zhejiang Sanhua, YPC, PRO UNI-D, Anshan Electromagnetic Value, Airtac, Juliang Valve, Zhejiang Yongjiu, YONG CHUANG, Dongjiang Valves, Shanghai Kangyuan, Ningbo KeXing, Sanlixin, Shanghai Taiming, Chongqing Dunming, Yuyao No.4 Instrument Factory.
The electromechanical solenoid valves 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 Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves Market Size & Forecast, 2018-2028
4.5.1 Electromechanical Solenoid Valves Market Size and Y-o-Y Growth
4.5.2 Electromechanical Solenoid Valves Market Absolute $ Opportunity
Chapter 5 Global Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves Market Size Forecast by Type
5.2.1 Direct-acting Type
5.2.2 Sub-step Direct-acting Type
5.2.3 Pilot-type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves Market Size Forecast by Applications
6.2.1 Home Appliance
6.2.2 Automobile
6.2.3 General Industry
6.2.4 Automation
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves Analysis and Forecast
9.1 Introduction
9.2 North America Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves Market Size Forecast by Type
9.6.1 Direct-acting Type
9.6.2 Sub-step Direct-acting Type
9.6.3 Pilot-type
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 Electromechanical Solenoid Valves Market Size Forecast by Applications
9.10.1 Home Appliance
9.10.2 Automobile
9.10.3 General Industry
9.10.4 Automation
9.10.5 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 Electromechanical Solenoid Valves Analysis and Forecast
10.1 Introduction
10.2 Europe Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves Market Size Forecast by Type
10.6.1 Direct-acting Type
10.6.2 Sub-step Direct-acting Type
10.6.3 Pilot-type
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 Electromechanical Solenoid Valves Market Size Forecast by Applications
10.10.1 Home Appliance
10.10.2 Automobile
10.10.3 General Industry
10.10.4 Automation
10.10.5 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 Electromechanical Solenoid Valves Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves Market Size Forecast by Type
11.6.1 Direct-acting Type
11.6.2 Sub-step Direct-acting Type
11.6.3 Pilot-type
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 Electromechanical Solenoid Valves Market Size Forecast by Applications
11.10.1 Home Appliance
11.10.2 Automobile
11.10.3 General Industry
11.10.4 Automation
11.10.5 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 Electromechanical Solenoid Valves Analysis and Forecast
12.1 Introduction
12.2 Latin America Electromechanical Solenoid Valves 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 Electromechanical Solenoid Valves Market Size Forecast by Type
12.6.1 Direct-acting Type
12.6.2 Sub-step Direct-acting Type
12.6.3 Pilot-type
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 Electromechanical Solenoid Valves Market Size Forecast by Applications
12.10.1 Home Appliance
12.10.2 Automobile
12.10.3 General Industry
12.10.4 Automation
12.10.5 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) Electromechanical Solenoid Valves Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electromechanical Solenoid Valves 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) Electromechanical Solenoid Valves Market Size Forecast by Type
13.6.1 Direct-acting Type
13.6.2 Sub-step Direct-acting Type
13.6.3 Pilot-type
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) Electromechanical Solenoid Valves Market Size Forecast by Applications
13.10.1 Home Appliance
13.10.2 Automobile
13.10.3 General Industry
13.10.4 Automation
13.10.5 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 Electromechanical Solenoid Valves Market: Competitive Dashboard
14.2 Global Electromechanical Solenoid Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ASCO
14.3.2 Kendrion
14.3.3 Danfoss
14.3.4 Parker
14.3.5 Bürkert
14.3.6 SMC
14.3.7 Norgren
14.3.8 CKD
14.3.9 CEME
14.3.10 Saginomiya
14.3.11 ASCO
14.3.12 ODE
14.3.13 Takasago Electric
14.3.14 Zhejiang Sanhua
14.3.15 YPC
14.3.16 PRO UNI-D
14.3.17 Anshan Electromagnetic Value
14.3.18 Airtac
14.3.19 Juliang Valve
14.3.20 Zhejiang Yongjiu
14.3.21 YONG CHUANG
14.3.22 Dongjiang Valves
14.3.23 Shanghai Kangyuan
14.3.24 Ningbo KeXing
14.3.25 Sanlixin
14.3.26 Shanghai Taiming
14.3.27 Chongqing Dunming
14.3.28 Yuyao No.4 Instrument Factory
