The Report “Solenoid Valves Market Analysis: By Types (Two port, Three-way,
Four-way, Direct Acting, Pilot operated); By Industry (Water Treatment, Power,
Pulp & Paper, Food & Beverage, Chemical) - With Forecast (2015 -
2020)”, published by IndustryARC, the market to grow at a CAGR of 3.8% till
2020
Browse 31 Market Tables, 56
Figures spread through 164 Pages and an in-depth TOC on “Solenoid Valves Market” http://industryarc.com/Report/1273/global-solenoid-valves-market-analysis-report.html
A
Solenoid Valve is an
electromechanically operated Valve which is controlled by flow of electric
current through a solenoid. There are types of Valves like two-port, three-port
valve and so on. According to these number of outlet ports, the outflow of
electricity is switched on and off.
The
usage of Solenoid Valves Market
happens most often as Control Elements in Fluidics. These valves are used to
shut off, release, dose, distribute or mix fluids. These products are popular
due to fast and safe switching, high reliability, long service life, good
medium compatibility of the used materials, compact & easy-to-use design
and low control power.
Most
frequently used product is plunger-type actuator, the pivoted-armature
actuators and rock actuators are second most famous among the Solenoid Valve Market.
Applications:
The
most common applications of Solenoid
Valves are noted to be
- In fluid power pneumatic and hydraulic systems, to control cylinders, fluid power motors or larger industrial valves.
- Automatic Irrigation Sprinkler Systems.
- Domestic, Typical Washing Machines and Dishwashers.
- In the Paintball Industry.
- Lately, used in Household Water Purifiers as well.
- Solenoid valves can be used for a wide array of industrial applications, including general on-off control, calibration and test stands, pilot plant control loops, process control systems, and various original equipment manufacturer applications.
Market Trends:
According
to IndustryARC, the revenue generated by Solenoid
Valve Market in 2014 was noted to be $4.05
Billion, and is accounted to grow at a CAGR of 3.8% through 2015 to 2020.
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The
Global Solenoid Valves Market owes
its success to the Chemical Industry and Industrial Products which are the key
industries for the Solenoid Valve Market.
Oil & gas, Chemical & Petrochemical and
Power Generation Industries are
the biggest contributors to the revenue generated by Solenoid Valves Market. These contributed
to almost 54% of the overall
revenue in 2014, suggest analysts.
Geographically,
North America and Europe are expected to occupy a share of more than 50% during
the forecast period.
REPORT SCOPE:
Solenoid Valves Market Report contains different market
aspects explored with particular focus on key market drivers, challenges,
constraints and market landscape. The Global
Solenoid Valves Market has been thoroughly analyzed and carefully segmented
by geographic locations based on major economic and topographical regions. The
report details current market potential and future market growth in this
industry. The report overall contains the most detailed, in depth segmentation
and analysis of the Solenoid Valves
Market during the forecast period 2015-2020.
Market Segmentation:
The Solenoid Valves Market is precisely
segmented into 6 types by IndustryARC based on various factors like:
- By Types: Two Way Solenoid Valves, Three Way Solenoid Valves Comprise Three Ports and Others.
- By Components: Coil / Solenoid, Plunger and Others.
- By Seals: Nitrile Rubber (NBR), Fluroelastomer (FKM) and Others.
- By Operation: Direct Acting Valves, Pilot Operated Valves and Manual Reset Valves.
- By Industry: Automobile, Oil&Gas, Mining and Others.
- By Geography: Americas, Europe, Asia and ROW.
Key Players:
All
the top companies of the Solenoid Valve
Market are carefully analyzed by the experts of IndustryARC considering
attributes like of the Company Overview, Financial Overview, Business
Strategies, Product Portfolios and Recent Developments. Some of the prominent
competitors of this market which are studied and mentioned in the report:
- ASCO Valve Inc. (Emersion Electric Company)
- Danfoss A/S
- Curtiss-Wright Corporation
- Burkert Fluid Control Systems
- Kingston Valves
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IndustryARC:
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