Market Overview:
The global rotary solenoids 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 industrial automation and medical diagnostic equipment across the globe. Rotary solenoids are used in a wide range of applications, such as industrial automation, medical diagnostic equipment, optical equipment, and others. The North American region is expected to hold the largest share of the global rotary solenoids market during the forecast period owing to technological advancements and rising demand for industrial automation in this region.
Product Definition:
Rotary solenoids are a type of solenoid that uses a rotating arm to produce its force. This arm is attached to a cylindrical core, which rotates as the current is applied. This type of solenoid is used in many applications, including valves and clutches.
Bistable Rotary Solenoids:
Bistable rotary solenoids are a special type of actuator that can be switched on and off by using the right electrical current. The mechanism used in such devices is based on the “one-way” system, which has two conducting surfaces separated by an insulator.
Monostable Rotary Solenoids:
Monostable rotary solenoids are a special type of electric motor used in applications such as metering, control and measurement, and data acquisition. These motors are designed to operate at one specific speed; the variable that changes from one cycle to another is the shaft position. The Monostable Solenoid has no clutch or gearbox; it is directly connected to the output shaft by a short driveshaft.
Application Insights:
The other application segment includes food & beverage, packaging, textile machinery and others. The demand for rotary solenoids in this application is expected to witness growth due to the increasing use of these devices in various industries such as food & beverage, textiles and medical diagnostics equipment. In addition, factors such as growing automation of processes in the food industry coupled with rising product innovation are anticipated to augment market growth over the forecast period.
Rotary solenoids are used extensively across a variety of applications including industrial automation; medical diagnostic equipment; optical instruments; consumer electronics (TVs/LCDs); automotive safety systems (airbags/ignition interlocks); home appliances (microwave ovens/convection cooktops) and packaging among others.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region, registering a CAGR of XX% during the forecast period. The growth can be attributed to increasing industrialization and rising demand for automation in various industries, such as manufacturing, oil & gas, food processing & packaging and healthcare among others. Increasing government initiatives towards adoption of rotary solenoids are also anticipated to drive regional market growth over the forecast period.
In addition, growing awareness regarding health issues associated with exposure to electromagnetic fields (EMF) has resulted into increased spending on medical diagnostics equipment application segment which will further fuel market growth across Asia Pacific countries like China.
Growth Factors:
- Increasing demand from the automotive industry for rotary solenoids as actuators in power steering systems and other applications
- Growing demand for rotary solenoids in medical equipment and devices, such as infusion pumps, dialysis machines, and ventilators
- Rising popularity of electric vehicles, which are equipped with numerous rotary solenoid-powered components, such as door locks, windows regulators, and seats
- Proliferation of smart home technologies that use rotary solenoids for tasks such as activating sprinkler systems or controlling window shades
- Advances in manufacturing processes that have led to the development of smaller and more efficient rotary solenoids
Scope Of The Report
Report Attributes
Report Details
Report Title
Rotary Solenoids Market Research Report
By Type
Bistable Rotary Solenoids, Monostable Rotary Solenoids, Self Restoring Rotary Solenoids, ON-OFF Rotary Solenoids, Others
By Application
Industrial Automation, Medical Dagnostic Equipment, Optical Equipment, Other
By Companies
Johnson Electric, Magnet Schultz, TAKANO, RAM Company, Geeplus, Kendrion, Shindengen Electric Manufacturing, Brandstrom Instruments, Kuhnke, indeas GmbH, Johnson Electric, DACO Instruments
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Rotary Solenoids Market Report Segments:
The global Rotary Solenoids market is segmented on the basis of:
Types
Bistable Rotary Solenoids, Monostable Rotary Solenoids, Self Restoring Rotary Solenoids, ON-OFF Rotary Solenoids, 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
Industrial Automation, Medical Dagnostic Equipment, Optical Equipment, 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:
- Johnson Electric
- Magnet Schultz
- TAKANO
- RAM Company
- Geeplus
- Kendrion
- Shindengen Electric Manufacturing
- Brandstrom Instruments
- Kuhnke
- indeas GmbH
- Johnson Electric
- DACO Instruments
Highlights of The Rotary Solenoids 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:
- Bistable Rotary Solenoids
- Monostable Rotary Solenoids
- Self Restoring Rotary Solenoids
- ON-OFF Rotary Solenoids
- Others
- By Application:
- Industrial Automation
- Medical Dagnostic Equipment
- Optical Equipment
- 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 Rotary Solenoids 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.
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- 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?
A rotary solenoid is a type of electric motor that uses a rotating magnetic field to generate power. The magnets inside the solenoid create a rotating force that can be used to move objects, and this force is also used to generate electricity.
Some of the major players in the rotary solenoids market are Johnson Electric, Magnet Schultz, TAKANO, RAM Company, Geeplus, Kendrion, Shindengen Electric Manufacturing, Brandstrom Instruments, Kuhnke, indeas GmbH, Johnson Electric, DACO Instruments.
The rotary solenoids 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 Rotary Solenoids 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 Rotary Solenoids Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Rotary Solenoids 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 Rotary Solenoids 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 Rotary Solenoids Market Size & Forecast, 2018-2028
4.5.1 Rotary Solenoids Market Size and Y-o-Y Growth
4.5.2 Rotary Solenoids Market Absolute $ Opportunity
Chapter 5 Global Rotary Solenoids 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 Rotary Solenoids Market Size Forecast by Type
5.2.1 Bistable Rotary Solenoids
5.2.2 Monostable Rotary Solenoids
5.2.3 Self Restoring Rotary Solenoids
5.2.4 ON-OFF Rotary Solenoids
5.2.5 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Rotary Solenoids 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 Rotary Solenoids Market Size Forecast by Applications
6.2.1 Industrial Automation
6.2.2 Medical Dagnostic Equipment
6.2.3 Optical Equipment
6.2.4 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Rotary Solenoids 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 Rotary Solenoids 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 Rotary Solenoids Analysis and Forecast
9.1 Introduction
9.2 North America Rotary Solenoids 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 Rotary Solenoids Market Size Forecast by Type
9.6.1 Bistable Rotary Solenoids
9.6.2 Monostable Rotary Solenoids
9.6.3 Self Restoring Rotary Solenoids
9.6.4 ON-OFF Rotary Solenoids
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 Rotary Solenoids Market Size Forecast by Applications
9.10.1 Industrial Automation
9.10.2 Medical Dagnostic Equipment
9.10.3 Optical Equipment
9.10.4 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 Rotary Solenoids Analysis and Forecast
10.1 Introduction
10.2 Europe Rotary Solenoids 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 Rotary Solenoids Market Size Forecast by Type
10.6.1 Bistable Rotary Solenoids
10.6.2 Monostable Rotary Solenoids
10.6.3 Self Restoring Rotary Solenoids
10.6.4 ON-OFF Rotary Solenoids
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 Rotary Solenoids Market Size Forecast by Applications
10.10.1 Industrial Automation
10.10.2 Medical Dagnostic Equipment
10.10.3 Optical Equipment
10.10.4 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 Rotary Solenoids Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Rotary Solenoids 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 Rotary Solenoids Market Size Forecast by Type
11.6.1 Bistable Rotary Solenoids
11.6.2 Monostable Rotary Solenoids
11.6.3 Self Restoring Rotary Solenoids
11.6.4 ON-OFF Rotary Solenoids
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 Rotary Solenoids Market Size Forecast by Applications
11.10.1 Industrial Automation
11.10.2 Medical Dagnostic Equipment
11.10.3 Optical Equipment
11.10.4 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 Rotary Solenoids Analysis and Forecast
12.1 Introduction
12.2 Latin America Rotary Solenoids 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 Rotary Solenoids Market Size Forecast by Type
12.6.1 Bistable Rotary Solenoids
12.6.2 Monostable Rotary Solenoids
12.6.3 Self Restoring Rotary Solenoids
12.6.4 ON-OFF Rotary Solenoids
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 Rotary Solenoids Market Size Forecast by Applications
12.10.1 Industrial Automation
12.10.2 Medical Dagnostic Equipment
12.10.3 Optical Equipment
12.10.4 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) Rotary Solenoids Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Rotary Solenoids 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) Rotary Solenoids Market Size Forecast by Type
13.6.1 Bistable Rotary Solenoids
13.6.2 Monostable Rotary Solenoids
13.6.3 Self Restoring Rotary Solenoids
13.6.4 ON-OFF Rotary Solenoids
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) Rotary Solenoids Market Size Forecast by Applications
13.10.1 Industrial Automation
13.10.2 Medical Dagnostic Equipment
13.10.3 Optical Equipment
13.10.4 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 Rotary Solenoids Market: Competitive Dashboard
14.2 Global Rotary Solenoids Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Electric
14.3.2 Magnet Schultz
14.3.3 TAKANO
14.3.4 RAM Company
14.3.5 Geeplus
14.3.6 Kendrion
14.3.7 Shindengen Electric Manufacturing
14.3.8 Brandstrom Instruments
14.3.9 Kuhnke
14.3.10 indeas GmbH
14.3.11 Johnson Electric
14.3.12 DACO Instruments
