The global three-way solenoid valve market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for energy efficient products and rising awareness about environmental protection among consumers. The three-way solenoid valve market is segmented on the basis of type, application, and region. On the basis of type, it is classified into direct acting type, step acting type and pilot operated type valves. Direct acting valves are used in applications such as home appliances and automobiles whereas step acting valves are used in general industry applications such as machinery industry and machining centers. Piloted operated valves are used in industrial applications such as chemical plants or oil refineries where they control flow rates or pressure levels within a system by regulating fluid flow through an opening or closing it off completely when required.
Some Of The Growth Factors Of This Market:
- Increasing demand for energy efficient products and increasing awareness about the benefits of using three-way solenoid valves are some of the factors driving the growth of this market.
- Increasing demand for automation in various industries is also driving the growth of this market.
- The high cost associated with installation and maintenance is one factor that may hamper the growth of this market.
- Increasing use in various industries such as oil & gas, chemical, pharmaceuticals, food & beverage, and others.
Industry Growth Insights published a new data on “Three-way Solenoid Valve Market”. The research report is titled “Three-way Solenoid Valve Market research by Types (Direct-acting Type, Sub-step Direct-acting Type, Pilot-type), By Applications (Home appliance, Automobile, General industry, Machinery industry, Others), By Players/Companies Danfoss, Kendrion, ASCO, Parker, Bürkert, SMC, Norgren, CKD, CEME, Sirai, Saginomiya, ODE, Takasago Electric, YPC, PRO UNI-D, Airtac, Zhejiang Sanhua”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Three-way Solenoid Valve Market Research Report
By Type
Direct-acting Type, Sub-step Direct-acting Type, Pilot-type
By Application
Home appliance, Automobile, General industry, Machinery industry, Others
By Companies
Danfoss, Kendrion, ASCO, 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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Three-way Solenoid Valve Market Report Segments:
The global Three-way Solenoid Valve 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, 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:
- Danfoss
- Kendrion
- ASCO
- Parker
- Bürkert
- SMC
- Norgren
- CKD
- CEME
- Sirai
- Saginomiya
- ODE
- Takasago Electric
- YPC
- PRO UNI-D
- Airtac
- Zhejiang Sanhua
Highlights of The Three-way 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:
- Direct-acting Type
- Sub-step Direct-acting Type
- Pilot-type
- 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 Three-way 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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- Correctly Positioning New Products
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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?
A three-way solenoid valve is a type of valve that can open and close in three directions. This allows the valve to control the flow of fluid in multiple directions.
Some of the key players operating in the three-way solenoid valve market are Danfoss, Kendrion, ASCO, Parker, BƒÂ¼rkert, SMC, Norgren, CKD, CEME, Sirai, Saginomiya, ODE, Takasago Electric, YPC, PRO UNI-D, Airtac, Zhejiang Sanhua.
The three-way solenoid valve market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Three-way 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. Three-way 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. Three-way Solenoid Valve Market - Supply Chain
4.5. Global Three-way Solenoid Valve Market Forecast
4.5.1. Three-way Solenoid Valve Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Three-way Solenoid Valve Market Size (000 Units) and Y-o-Y Growth
4.5.3. Three-way Solenoid Valve Market Absolute $ Opportunity
5. Global Three-way 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. Three-way Solenoid Valve Market Size and Volume Forecast by Type
5.3.1. Direct-acting Type
5.3.2. Sub-step Direct-acting Type
5.3.3. Pilot-type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Three-way 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. Three-way 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 Three-way 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. Three-way 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 Three-way 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. Three-way 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 Three-way Solenoid Valve Demand Share Forecast, 2019-2026
9. North America Three-way 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 Three-way 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 Three-way 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 Three-way Solenoid Valve Market Size and Volume Forecast by Type
9.7.1. Direct-acting Type
9.7.2. Sub-step Direct-acting Type
9.7.3. Pilot-type
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 Three-way Solenoid Valve Demand Share Forecast, 2019-2026
10. Latin America Three-way 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 Three-way 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 Three-way 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 Three-way Solenoid Valve Market Size and Volume Forecast by Type
10.7.1. Direct-acting Type
10.7.2. Sub-step Direct-acting Type
10.7.3. Pilot-type
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 Three-way Solenoid Valve Demand Share Forecast, 2019-2026
11. Europe Three-way 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 Three-way 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 Three-way 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 Application
11.7. Europe Three-way Solenoid Valve Market Size and Volume Forecast by Type
11.7.1. Direct-acting Type
11.7.2. Sub-step Direct-acting Type
11.7.3. Pilot-type
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 Three-way Solenoid Valve Demand Share, 2019-2026
12. Asia Pacific Three-way 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 Three-way 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 Three-way 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 Three-way Solenoid Valve Market Size and Volume Forecast by Type
12.7.1. Direct-acting Type
12.7.2. Sub-step Direct-acting Type
12.7.3. Pilot-type
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 Three-way Solenoid Valve Demand Share, 2019-2026
13. Middle East & Africa Three-way 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 Three-way 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 Three-way 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 Three-way Solenoid Valve Market Size and Volume Forecast by Type
13.7.1. Direct-acting Type
13.7.2. Sub-step Direct-acting Type
13.7.3. Pilot-type
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 Three-way Solenoid Valve Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Three-way Solenoid Valve Market: Market Share Analysis
14.2. Three-way Solenoid Valve Distributors and Customers
14.3. Three-way Solenoid Valve Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Danfoss
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Kendrion
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ASCO
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