Market Overview:
The global proportional 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 hydraulic systems and mobile hydraulic systems across different industries. Additionally, the growing awareness about energy efficiency is also propelling the demand for proportional solenoid valves in various applications. Based on type, the global proportional solenoid valve market can be segmented into pressure control valves, flow control valves, and directional control valves. The pressure control valve segment is expected to hold a major share of the market during the forecast period owing to its widespread use in various applications such as automotive, aerospace & defense, and industrial sectors.
Product Definition:
A proportional solenoid valve is a device that uses an electric current to control the amount of flow through it.
Pressure Control Valve:
A pressure control valve is a special kind of solenoid valve which can be used to regulate the flow of fluid in response to changes in pressure. It works on the principle as any other type of solenoid valve, but it has additional features that allow it to respond more accurately and efficiently to changing pressures.
Flow Control Valve:
The flow control valve is a device that opens or clos es to restrict the flow of fluid in desired direction. It can be used with any kind of valves such as diaphragm, plug, ball, and others. The most common application of this valve is in water treatment plants where it’s used for controlling the pressure in a pipeline system.
Application Insights:
Based on the application, the global proportional solenoid valve market has been segmented into hydraulic system and mobile hydraulic system. The hydraulic system dominated the market in 2017 and is expected to maintain its dominance over the forecast period. This can be attributed to factors such as extensive usage in oil & gas sector for controlling pressure or flow of fluids with high accuracy, reliability and durability. Furthermore, increasing demand for crude oil from various sectors including transportation fuels, power generation and chemicals is anticipated to augment growth over next seven years.
The mobile hydraulic system segment is projected register a significant CAGR of XX% during the forecast period owing to rising use in off-highway applications such as construction equipment manufacturing facilities along with industrial machinery manufacturing companies like Deere & Co., Ltd., Caterpillar Inc., etc.
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 proportional valves in China and India on account of rapid industrialization and urbanization in these countries. In addition, rising construction activities due to growing population are likely to drive the product demand over the forecast period.
Europe accounted for a significant share in 2017 owing to high adoption of proportional valve technology by industries including water & wastewater, oil & gas, power generation, mining among others. North America also had a good share as several large hydraulic manufacturers are based there which has led it being called asâ€the home of big things†valve size-wise; however its small business sector when compared with Europe or Asia Pacific makes it second behind them both globally speaking in terms of sales revenue generated by small businesses operating within their respective regions (excluding Japan).
Growth Factors:
- Increasing demand from the process industries for controlling the flow of fluids
- Growing popularity of proportional solenoid valves in automotive and aerospace applications
- Rising demand for energy-efficient and compact solenoid valves
- Technological advancements in proportional solenoid valve design and manufacturing processes
- Growing awareness about the benefits of using proportional solenoid valves among end users
Scope Of The Report
Report Attributes
Report Details
Report Title
Proportional Solenoid Valve Market Research Report
By Type
Pressure Control Valve, Flow Control Valve, Directional Control Valve
By Application
Hydraulic System, Mobile Hydraulic System
By Companies
ASCO, HYDAC, TLX Technologies, Parker Hannifin, MAC, Sun Hydraulics, Rexroth, Magnetbau-Schramme, ATOS, Vickers, YUKEN, EATON, HAWE, DENISON, Shanghai Taiming, SHAKO Co., Ltd., Taizhong yuci Hydraulic Industry Shanghai Co.
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Proportional Solenoid Valve Market Report Segments:
The global Proportional Solenoid Valve market is segmented on the basis of:
Types
Pressure Control Valve, Flow Control Valve, Directional Control 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
Hydraulic System, Mobile Hydraulic System
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
- HYDAC
- TLX Technologies
- Parker Hannifin
- MAC
- Sun Hydraulics
- Rexroth
- Magnetbau-Schramme
- ATOS
- Vickers
- YUKEN
- EATON
- HAWE
- DENISON
- Shanghai Taiming
- SHAKO Co., Ltd.
- Taizhong yuci Hydraulic Industry Shanghai Co.
Highlights of The Proportional 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:
- Pressure Control Valve
- Flow Control Valve
- Directional Control Valve
- By Application:
- Hydraulic System
- Mobile Hydraulic System
- 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 Proportional 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?
A proportional solenoid valve is a type of valve that uses a proportional control system to open and close the valve. This system uses an electronic controller to adjust the amount of pressure applied to the solenoid coil, which in turn controls the flow rate of fluid through the valve.
Some of the major companies in the proportional solenoid valve market are ASCO, HYDAC, TLX Technologies, Parker Hannifin, MAC, Sun Hydraulics, Rexroth, Magnetbau-Schramme, ATOS, Vickers, YUKEN, EATON, HAWE, DENISON, Shanghai Taiming, SHAKO Co., Ltd., Taizhong yuci Hydraulic Industry Shanghai Co..
The proportional 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. Proportional 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. Proportional 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. Proportional Solenoid Valve Market - Supply Chain
4.5. Global Proportional Solenoid Valve Market Forecast
4.5.1. Proportional Solenoid Valve Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Proportional Solenoid Valve Market Size (000 Units) and Y-o-Y Growth
4.5.3. Proportional Solenoid Valve Market Absolute $ Opportunity
5. Global Proportional 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. Proportional Solenoid Valve Market Size and Volume Forecast by Type
5.3.1. Pressure Control Valve
5.3.2. Flow Control Valve
5.3.3. Directional Control Valve
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Proportional 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. Proportional Solenoid Valve Market Size and Volume Forecast by Application
6.3.1. Hydraulic System
6.3.2. Mobile Hydraulic System
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Proportional 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. Proportional 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 Proportional 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. Proportional 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 Proportional Solenoid Valve Demand Share Forecast, 2019-2026
9. North America Proportional 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 Proportional 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 Proportional Solenoid Valve Market Size and Volume Forecast by Application
9.4.1. Hydraulic System
9.4.2. Mobile Hydraulic System
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Proportional Solenoid Valve Market Size and Volume Forecast by Type
9.7.1. Pressure Control Valve
9.7.2. Flow Control Valve
9.7.3. Directional Control Valve
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 Proportional Solenoid Valve Demand Share Forecast, 2019-2026
10. Latin America Proportional 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 Proportional 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 Proportional Solenoid Valve Market Size and Volume Forecast by Application
10.4.1. Hydraulic System
10.4.2. Mobile Hydraulic System
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Proportional Solenoid Valve Market Size and Volume Forecast by Type
10.7.1. Pressure Control Valve
10.7.2. Flow Control Valve
10.7.3. Directional Control Valve
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 Proportional Solenoid Valve Demand Share Forecast, 2019-2026
11. Europe Proportional 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 Proportional 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 Proportional Solenoid Valve Market Size and Volume Forecast by Application
11.4.1. Hydraulic System
11.4.2. Mobile Hydraulic System
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Proportional Solenoid Valve Market Size and Volume Forecast by Type
11.7.1. Pressure Control Valve
11.7.2. Flow Control Valve
11.7.3. Directional Control Valve
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 Proportional Solenoid Valve Demand Share, 2019-2026
12. Asia Pacific Proportional 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 Proportional 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 Proportional Solenoid Valve Market Size and Volume Forecast by Application
12.4.1. Hydraulic System
12.4.2. Mobile Hydraulic System
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Proportional Solenoid Valve Market Size and Volume Forecast by Type
12.7.1. Pressure Control Valve
12.7.2. Flow Control Valve
12.7.3. Directional Control Valve
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 Proportional Solenoid Valve Demand Share, 2019-2026
13. Middle East & Africa Proportional 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 Proportional 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 Proportional Solenoid Valve Market Size and Volume Forecast by Application
13.4.1. Hydraulic System
13.4.2. Mobile Hydraulic System
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Proportional Solenoid Valve Market Size and Volume Forecast by Type
13.7.1. Pressure Control Valve
13.7.2. Flow Control Valve
13.7.3. Directional Control Valve
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 Proportional Solenoid Valve Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Proportional Solenoid Valve Market: Market Share Analysis
14.2. Proportional Solenoid Valve Distributors and Customers
14.3. Proportional Solenoid Valve Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ASCO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HYDAC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TLX Technologies
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Parker Hannifin
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MAC
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sun Hydraulics
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rexroth
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Magnetbau-Schramme
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ATOS
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vickers
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. YUKEN
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. EATON
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. HAWE
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. DENISON
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai Taiming
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. SHAKO Co., Ltd.
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Taizhong yuci Hydraulic Industry Shanghai Co.
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