Market Overview:
The global miniature solenoid valve 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 miniature solenoid valves in various applications, such as generating set, analytical instruments, medical equipment, and others. Additionally, the growing demand for miniaturized devices is also contributing to the growth of this market.
Product Definition:
A miniature solenoid valve is a type of solenoid valve that is small in size. It is used to control the flow of fluid through a pipeline or system. The importance of miniature solenoid valves lies in their ability to control the flow of fluids with very little pressure loss, making them an ideal choice for use in precision systems and equipment.
2-Way Solenoid Valve:
2-way solenoid valve is a pneumatic control device that controls the flow of fluid in two different directions through the same port. It can be used to control both, pressure and vacuum across various applications. The product finds application in various industries such as chemical, oil & gas, food & beverage and water treatment among others.
3-Way Solenoid Valve:
3-way solenoid valve is a pneumatic control device that controls fluid flow in three directions simultaneously. It can be used to control the flow of gases, liquids or fluids with high viscosity and low volatility at low cost. The product finds application in various industries such as chemical, oil & gas, food & beverage processing and pharmaceutical among others.
The global 3-way solenoid valve market size was valued at USD 1.6 billion in 2016.
Application Insights:
The generating set application segment led the global market in 2017. This can be attributed to the growing demand for electricity from various industries, such as oil & gas and power generation. The valve is used in power plants, coal-fired stations and other similar facilities for controlling steam turbine generator output voltage, frequency and flow of electric current.
The analytical instruments segment is anticipated to register a CAGR of XX% during the forecast period owing to increasing use of valves in laboratories across different end-use industries such as medical equipment manufacturing and testing equipment manufacturing. Miniature valves are used with rotary analyzers that are employed during drug discovery research or quality control analysis at several stages of laboratory development from compound preparation to final product characterization using high throughput screening techniques.
Regional Analysis:
Asia Pacific miniaturized solenoid valves market is expected to grow at a lucrative rate over the forecast period. The growth of this region can be attributed to the presence of large end-use industries, such as analytical instruments and medical equipment. In addition, rising demand for clean water in countries such as India and China is expected to drive the regional market further.
The Asia Pacific region has witnessed an increasing number of nuclear power plant installations on account of growing energy requirements in emerging economies such as China and India. This factor is anticipated to boost product demand across several applications including generating sets, reactors, cooling systems, etc., thereby propelling the overall industry growth in APAC over the forecast period.
Growth Factors:
- Increasing demand for miniature solenoid valves in medical and automotive applications
- Growing popularity of miniaturized devices and equipment
- Rising demand for solenoid valves with low power consumption
- Proliferation of micro-electromechanical systems (MEMS) technology
- Growing adoption of smart technologies
Scope Of The Report
Report Attributes
Report Details
Report Title
Miniature Solenoid Valve Market Research Report
By Type
2-Way Solenoid Valve, 3-Way Solenoid Valve, 4-Way Solenoid Valve, Other
By Application
Generating Set, Analytical Instruments, Medical Equipment, Other
By Companies
Gevasol BV, International Polymer Solutions, METAL WORK, Numatics Motion Control, Parker Precisionfluidics Division, Univer Group, VESTA, AIGNEP, Airtac Automatic Industrial, ASCO Numatics Sirai Srl, Clippard, FIM Valvole, GEMS SENSORS & CONTROLS
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Miniature Solenoid Valve Market Report Segments:
The global Miniature Solenoid Valve market is segmented on the basis of:
Types
2-Way Solenoid Valve, 3-Way Solenoid Valve, 4-Way Solenoid Valve, 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
Generating Set, Analytical Instruments, Medical 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:
- Gevasol BV
- International Polymer Solutions
- METAL WORK
- Numatics Motion Control
- Parker Precisionfluidics Division
- Univer Group
- VESTA
- AIGNEP
- Airtac Automatic Industrial
- ASCO Numatics Sirai Srl
- Clippard
- FIM Valvole
- GEMS SENSORS & CONTROLS
Highlights of The Miniature 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 Solenoid Valve
- 3-Way Solenoid Valve
- 4-Way Solenoid Valve
- Other
- By Application:
- Generating Set
- Analytical Instruments
- Medical 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 Miniature 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
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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 miniature solenoid valve is a small, low-power electronic valve that can be used in applications where space or power are limited. Miniature solenoid valves are typically used in consumer electronics, automotive applications, and medical devices.
Some of the major players in the miniature solenoid valve market are Gevasol BV, International Polymer Solutions, METAL WORK, Numatics Motion Control, Parker Precisionfluidics Division, Univer Group, VESTA, AIGNEP, Airtac Automatic Industrial, ASCO Numatics Sirai Srl, Clippard, FIM Valvole, GEMS SENSORS & CONTROLS.
The miniature solenoid valve market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Miniature Solenoid Valve Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Miniature Solenoid Valve Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Miniature Solenoid Valve Market - Supply Chain
4.5. Global Miniature Solenoid Valve Market Forecast
4.5.1. Miniature Solenoid Valve Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Miniature Solenoid Valve Market Size (000 Units) and Y-o-Y Growth
4.5.3. Miniature Solenoid Valve Market Absolute $ Opportunity
5. Global Miniature Solenoid Valve Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Miniature Solenoid Valve Market Size and Volume Forecast by Type
5.3.1. 2-Way Solenoid Valve
5.3.2. 3-Way Solenoid Valve
5.3.3. 4-Way Solenoid Valve
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Miniature Solenoid Valve Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Miniature Solenoid Valve Market Size and Volume Forecast by Application
6.3.1. Generating Set
6.3.2. Analytical Instruments
6.3.3. Medical Equipment
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Miniature Solenoid Valve Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Miniature Solenoid Valve Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Miniature Solenoid Valve Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Miniature Solenoid Valve Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Miniature Solenoid Valve Demand Share Forecast, 2019-2026
9. North America Miniature Solenoid Valve Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Miniature Solenoid Valve Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Miniature Solenoid Valve Market Size and Volume Forecast by Application
9.4.1. Generating Set
9.4.2. Analytical Instruments
9.4.3. Medical Equipment
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Miniature Solenoid Valve Market Size and Volume Forecast by Type
9.7.1. 2-Way Solenoid Valve
9.7.2. 3-Way Solenoid Valve
9.7.3. 4-Way Solenoid Valve
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Miniature Solenoid Valve Demand Share Forecast, 2019-2026
10. Latin America Miniature Solenoid Valve Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Miniature Solenoid Valve Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Miniature Solenoid Valve Market Size and Volume Forecast by Application
10.4.1. Generating Set
10.4.2. Analytical Instruments
10.4.3. Medical Equipment
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Miniature Solenoid Valve Market Size and Volume Forecast by Type
10.7.1. 2-Way Solenoid Valve
10.7.2. 3-Way Solenoid Valve
10.7.3. 4-Way Solenoid Valve
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Miniature Solenoid Valve Demand Share Forecast, 2019-2026
11. Europe Miniature Solenoid Valve Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Miniature Solenoid Valve Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Miniature Solenoid Valve Market Size and Volume Forecast by Application
11.4.1. Generating Set
11.4.2. Analytical Instruments
11.4.3. Medical Equipment
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Miniature Solenoid Valve Market Size and Volume Forecast by Type
11.7.1. 2-Way Solenoid Valve
11.7.2. 3-Way Solenoid Valve
11.7.3. 4-Way Solenoid Valve
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Miniature Solenoid Valve Demand Share, 2019-2026
12. Asia Pacific Miniature Solenoid Valve Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Miniature Solenoid Valve Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Miniature Solenoid Valve Market Size and Volume Forecast by Application
12.4.1. Generating Set
12.4.2. Analytical Instruments
12.4.3. Medical Equipment
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Miniature Solenoid Valve Market Size and Volume Forecast by Type
12.7.1. 2-Way Solenoid Valve
12.7.2. 3-Way Solenoid Valve
12.7.3. 4-Way Solenoid Valve
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Miniature Solenoid Valve Demand Share, 2019-2026
13. Middle East & Africa Miniature Solenoid Valve Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Miniature Solenoid Valve Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Miniature Solenoid Valve Market Size and Volume Forecast by Application
13.4.1. Generating Set
13.4.2. Analytical Instruments
13.4.3. Medical Equipment
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Miniature Solenoid Valve Market Size and Volume Forecast by Type
13.7.1. 2-Way Solenoid Valve
13.7.2. 3-Way Solenoid Valve
13.7.3. 4-Way Solenoid Valve
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Miniature Solenoid Valve Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Miniature Solenoid Valve Market: Market Share Analysis
14.2. Miniature Solenoid Valve Distributors and Customers
14.3. Miniature Solenoid Valve Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Gevasol BV
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. International Polymer Solutions
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. METAL WORK
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Numatics Motion Control
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Parker Precisionfluidics Division
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Univer Group
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. VESTA
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AIGNEP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Airtac Automatic Industrial
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ASCO Numatics Sirai Srl
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Clippard
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. FIM Valvole
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. GEMS SENSORS & CONTROLS
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
