Global Aluminium Solenoid Valves Market - Request for Sample
Over the last few years, global demand for solenoid valves has steadily increased. Solenoid valves are popular due to their simple system, low cost, and quick action, such as opening and closing in milliseconds. Due to its automation control systems, it is gaining popularity especially in the developing economies. The water treatment and beverage industries, as well as renewable energy-based projects, are two major determinants for the market.
Data Bridge Market Research analyses that the aluminium solenoid valves market was valued at USD 542.3 million in 2021 and is expected to reach the value of USD 736.49 million by 2029, at a CAGR of 3.90% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Market Definition
Solenoid valves are electronic valves that consist of a solenoid. A solenoid is an electric coil with a movable ferromagnetic core in the centre. The electric current flowing through this coil generates a magnetic field, which pulls the core upward and opens the orifice. Generally, these are used for automatic fluid control. Their bodies can be made of brass, stainless steel, aluminium, plastic, or a variety of other materials. These valves perform a variety of functions, including releasing, turning on or off, mixing, and distributing fluids and gases. Solenoid valves have many advantages, including dependability, an immediate and reliable switching mechanism, a long lifetime, a compact design, and low control power.
Drivers
• High demand in food handling applications is a determinant
• Growing usability in consumer electronic devices
Global Aluminium Solenoid Valves Market Scope
The aluminium solenoid valves market is segmented on the basis of design type, operating type and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Design Type
• 2 Way
• 3 Way
• 4 Way
• 5 Way
Operating Type
• Direct
• Semi-Direct
• Indirect
End user
• Water and Wastewater
• Chemical and Petrochemical
• Automotive
• Medical
• Pharmaceutical
• Power Generation
The countries covered in the aluminium solenoid valves market report are
• U.S.,
• Canada and Mexico in North America,
• Germany,
• France,
• U.K.,
• Netherlands,
• Switzerland,
• Belgium,
• Russia,
• Italy,
• Spain,
• Turkey,
• Rest of Europe in Europe,
• China,
• Japan,
• India,
• South Korea,
• Singapore,
• Malaysia,
• Australia,
• Thailand,
• Indonesia,
• Philippines,
• Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC),
• Saudi Arabia,
• U.A.E,
• South Africa,
• Egypt,
• Israel,
• Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA),
• Brazil,
• Argentina and Rest of South America as part of South America.
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Some of the major players operating in the aluminium solenoid valves market are:
• CEME S.p.A. (Italy)
• CKD Corporation (Japan)
• ODE S.r.l. (Italy)
• KANEKO SANGYO Co., Ltd. (Japan)
• Takasago Electric Industry Co., Ltd. (Japan)
• Curtiss-wright Corporation (U.S.)
• ALFA LAVAL (Sweden)
• IMI plc (U.K.)
• LESER GmbH & Co.KG (Germany)
• The Weir Group PLC (Scotland)
• Forbes Marshall (India)
• Bosch Rexroth AG (Germany)
• Spirax Sarco Limited (U.K.)
• Danfoss A/S (Denmark)
• GSR Ventiltechnik GmbH & Co. KG (Germany)
• ASCO Valve, Inc. (U.S.)
• Christian Bürkert GmbH & Co. KG (Germany)
• KANEKO SANGYO Co., Ltd. (Japan),
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major toc of the report:
• Market Size
• Market New Sales Volumes
• Market Replacement Sales Volumes
• Market Installed Base
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