Market Overview:
The global sub-step direct-acting type 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 sub-step direct-acting type solenoid valves from various applications, such as home appliances, automobiles, general industry, machinery industry and others. Additionally, the growing demand for energy efficient and low power consumption products is also contributing to the growth of this market.
Product Definition:
A sub-step direct-acting type solenoid valve is a solenoid valve that has a small orifice and is used to control the flow of fluid in a system. The purpose of the sub-step direct-acting type solenoid valve is to provide precise control over the flow of fluid in a system.
Two-way SV:
The Two-way SV, it's usage and growth factor in the Sub-step Direct-acting Type Solenoid Valve market is driven by factors such as growing demand for two way control functions, increasing use of solenoids in critical applications and a surge in subsea production activities.
Three-way SV:
Three-way SV is a type of sub-step direct-acting solenoid valve. It has three ports and two valves, which are used to control fluid flow in three different directions. The most common application of this valve is to meter the feed from one pipeline to multiple outlets with different pressure ratings.
The key features that make it suitable for use in sub-step direct acting type solenoid valve market include its ability to withstand high pressures, flows rate,.
Application Insights:
The general industry was the largest application segment in the global sub-step direct-acting type solenoid valve market, accounting for a share of 29.1% in 2017. The growth can be attributed to increasing demand from industrial applications including oil & gas and power generation. In addition, growing awareness regarding energy efficiency is expected to drive product demand over the forecast period.
Home appliances are projected to grow at a CAGR of XX% from 2018 to 2030 owing to rising use of HVAC systems in residential applications such as air conditioners and heat pumps among others which require sub-step control valves with high flow rates.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing construction activities, coupled with rising demand for energy-efficient products. Furthermore, growing automotive production in countries such as China and India will drive product demand further.
The Asia Pacific sub-step direct-acting type solenoid valve market is likely to face challenges due to high replacement rates of aging infrastructure across various application sectors such as manufacturing, transportation & logistics, and building & construction among others. These factors are anticipated to result in sluggish growth of key end users across this region which may hamper industry expansion prospects over the coming years.
Growth Factors:
- Increasing demand for Sub-step Direct-acting Type Solenoid Valve in the automotive industry as a result of the increasing production of passenger cars and commercial vehicles.
- Growing demand for Sub-step Direct-acting Type Solenoid Valve from the oil & gas industry due to increasing exploration and production activities across the globe.
- Rising demand for Sub-step Direct-acting Type Solenoid Valve in power generation sector due to increase in number of new power plants being set up across the world.
- Increasing adoption of Sub-step Direct-acting Type Solenoid Valve by metal & mining companies owing to growing need for automation in these industries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Sub-step Direct-acting Type Solenoid Valve Market Research Report
By Type
Two-way SV, Three-way SV, Four-way SV, Others
By Application
Home appliance, Automobile, General industry, Machinery industry, Others
By Companies
Kendrion, ASCO, Danfoss, Parker, Bürkert, SMC, Norgren, CKD, CEME, Sirai, Saginomiya, ODE, Takasago Electric, YPC, PRO UNI-D, Airtac, Zhejiang Sanhua
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Sub-step Direct-acting Type Solenoid Valve Market Report Segments:
The global Sub-step Direct-acting Type Solenoid Valve market is segmented on the basis of:
Types
Two-way SV, Three-way SV, Four-way SV, 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
Home appliance, Automobile, General industry, Machinery industry, 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:
- Kendrion
- ASCO
- Danfoss
- Parker
- Bürkert
- SMC
- Norgren
- CKD
- CEME
- Sirai
- Saginomiya
- ODE
- Takasago Electric
- YPC
- PRO UNI-D
- Airtac
- Zhejiang Sanhua
Highlights of The Sub-step Direct-acting Type 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:
- Two-way SV
- Three-way SV
- Four-way SV
- Others
- By Application:
- Home appliance
- Automobile
- General industry
- Machinery industry
- 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 Sub-step Direct-acting Type 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.
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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 sub-step direct-acting type solenoid valve is a valve that uses a solenoid to open and close the valve. This type of valve is typically used in applications where high reliability and low noise are important, such as water valves.
Some of the major companies in the sub-step direct-acting type solenoid valve market are Kendrion, ASCO, Danfoss, Parker, BƒÂ¼rkert, SMC, Norgren, CKD, CEME, Sirai, Saginomiya, ODE, Takasago Electric, YPC, PRO UNI-D, Airtac, Zhejiang Sanhua.
The sub-step direct-acting type 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. Sub-step Direct-acting Type 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. Sub-step Direct-acting Type 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. Sub-step Direct-acting Type Solenoid Valve Market - Supply Chain
4.5. Global Sub-step Direct-acting Type Solenoid Valve Market Forecast
4.5.1. Sub-step Direct-acting Type Solenoid Valve Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Sub-step Direct-acting Type Solenoid Valve Market Size (000 Units) and Y-o-Y Growth
4.5.3. Sub-step Direct-acting Type Solenoid Valve Market Absolute $ Opportunity
5. Global Sub-step Direct-acting Type 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. Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Type
5.3.1. Two-way SV
5.3.2. Three-way SV
5.3.3. Four-way SV
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Sub-step Direct-acting Type 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. Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Application
6.3.1. Home appliance
6.3.2. Automobile
6.3.3. General industry
6.3.4. Machinery industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Sub-step Direct-acting Type 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. Sub-step Direct-acting Type 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 Sub-step Direct-acting Type 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. Sub-step Direct-acting Type 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 Sub-step Direct-acting Type Solenoid Valve Demand Share Forecast, 2019-2026
9. North America Sub-step Direct-acting Type 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 Sub-step Direct-acting Type 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 Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Application
9.4.1. Home appliance
9.4.2. Automobile
9.4.3. General industry
9.4.4. Machinery industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Type
9.7.1. Two-way SV
9.7.2. Three-way SV
9.7.3. Four-way SV
9.7.4. Others
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 Sub-step Direct-acting Type Solenoid Valve Demand Share Forecast, 2019-2026
10. Latin America Sub-step Direct-acting Type 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 Sub-step Direct-acting Type 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 Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Application
10.4.1. Home appliance
10.4.2. Automobile
10.4.3. General industry
10.4.4. Machinery industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Type
10.7.1. Two-way SV
10.7.2. Three-way SV
10.7.3. Four-way SV
10.7.4. Others
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 Sub-step Direct-acting Type Solenoid Valve Demand Share Forecast, 2019-2026
11. Europe Sub-step Direct-acting Type 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 Sub-step Direct-acting Type 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 Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Application
11.4.1. Home appliance
11.4.2. Automobile
11.4.3. General industry
11.4.4. Machinery industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Applcation
11.7. Europe Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Type
11.7.1. Two-way SV
11.7.2. Three-way SV
11.7.3. Four-way SV
11.7.4. Others
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 Sub-step Direct-acting Type Solenoid Valve Demand Share, 2019-2026
12. Asia Pacific Sub-step Direct-acting Type 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 Sub-step Direct-acting Type 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 Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Application
12.4.1. Home appliance
12.4.2. Automobile
12.4.3. General industry
12.4.4. Machinery industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Type
12.7.1. Two-way SV
12.7.2. Three-way SV
12.7.3. Four-way SV
12.7.4. Others
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 Sub-step Direct-acting Type Solenoid Valve Demand Share, 2019-2026
13. Middle East & Africa Sub-step Direct-acting Type 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 Sub-step Direct-acting Type 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 Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Application
13.4.1. Home appliance
13.4.2. Automobile
13.4.3. General industry
13.4.4. Machinery industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Sub-step Direct-acting Type Solenoid Valve Market Size and Volume Forecast by Type
13.7.1. Two-way SV
13.7.2. Three-way SV
13.7.3. Four-way SV
13.7.4. Others
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 Sub-step Direct-acting Type Solenoid Valve Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Sub-step Direct-acting Type Solenoid Valve Market: Market Share Analysis
14.2. Sub-step Direct-acting Type Solenoid Valve Distributors and Customers
14.3. Sub-step Direct-acting Type Solenoid Valve Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kendrion
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. ASCO
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Danfoss
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
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Bürkert
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. SMC
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Norgren
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CKD
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CEME
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Sirai
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Saginomiya
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. ODE
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Takasago Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. YPC
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. PRO UNI-D
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Airtac
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Zhejiang Sanhua
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
