According to the new
market research report by IndustryARC titled “Automotive
Solenoid Valves Market: By Types (Two port, Three-way, Four-way,
Direct Acting, Pilot operated);By
Geography - With
Forecast (2018 - 2023)”, the
market is driven by the robust dynamics in the automotive industry. The
development of Electronic Stability Control is also another factor that drives
the market.
Asia Pacific to
have a major share in the Automotive Solenoid Valves market
Asia Pacific is the
largest region in the Automotive Solenoid Valves Market. The reason for this
high growth is due to the growing demand for passenger cars in the emerging
markets. The demand for heavy commercial vehicles and logistics also enhances
the growth of the market in the region. The leading automotive manufacturers
have started making substantial investments in the production facilities in the
region which has reduced production costs and raised profits. The rising
standard of living along with strict emission norms act as catalysts for the
market. This factor also spurs the Asia Pacific automotive solenoid valves
market in the coming years.
Automotive
Solenoid Valves MarketAnalysis done in the full Report:
The various types of
seals in solenoid valves include Nitrile Rubber, Ethylene Propylene Diene
Monomer Rubber, Fluorelastomer, Polytetrafluoroethylene. Nitrile Rubber also
called as Buna-N, is the most commonly used seals for solenoid valves. It can
withstand high temperature, heat, and high resistance to wear and tear. The
material has low resistance to sunlight. It is used in the automotive industry
to control the oil and petroleum flow rates in the systems. Nitrile rubber is
also used for manufacturing gaskets, automotive transmission belts, O-rings,
fuel systems, and hydraulic hoses.
Ethylene Propylene
Diene Monomer Rubber seals have high resistance to heat and can control hot
fluids. They offer good resistance to sunlight, alkalis, abrasion and tearing,
oxidizing chemicals, ketones, and alcohols. They can be even used for making
automotive hoses and gaskets.
Excerpts on
Automotive Solenoid Valves Market Growth Factors
- The automotive industry has witnessed a
shift in the emerging economies. The low market penetration and
availability of low cost resources such as land and labors in these
countries, has been attracting major companies to set up their
manufacturing facilities. This factor drives the growth of automotive
solenoid valves.
- The demand for remanufactured components
is growing as the sales of the remanufactured cars is picking up in the
global market. Consumer attitudes have changed with the growth in the
quality of the used cars. The refurbished car market is responsible for
the growth of the auto components.
- Initiatives taken by the governments of
developing economies has driven the growth of the domestic market and
helped the countries to drive their exports in the developed markets.
- Industrialization in growing countries is
leading to the increasing demand for industrial trucks and trailers.
To access Automotive Solenoid Valves Marketreport, Browse the link below:
Key players of
the Automotive Solenoid Valves Market
Parker Hannifin
Corporation and Emerson Electric are the key players of the Automotive Solenoid
Valves Market. Parker Hannifin Corporation is banking on its diversified range
of products. It is strengthening its portfolio in compliance with Euro-6 standard
which helps to reduce emissions such as Nitrogen Oxides and particulate
matters. Euro-6 standard also improves engine and fuel management and controls
alternative fuel systems. Emerson Electric provides a solution that helps OEMs
to reduce the product cost. This company is expected to dominate the Automotive
Solenoid Valves Market in the coming years.
Automotive
Solenoid Valves Market is segmented as below
A. Automotive Solenoid
Valves Market By Components
1. Coil/Solenoid
2. Plunger
3. Orifice
4. Spring
5. Seal
6. Others
B. Automotive Solenoid
Valves Market By Types
1. Two way solenoid valves
2. Three way solenoid valves
3. Four way solenoid valves
4. Others
C. Automotive Solenoid
Valves Market By Geography (18+ countries)
D. Automotive Solenoid
Valves Market By Entropy
Companies Citied / Interviewed in Automotive
Solenoid Valves Market:
1. Airtac International Group
2. Pentair plc
3. Rotork PLC
4. NORGEN Inc.
5. Parker Hannifin Corp.
6. SMC Corporation
7. ODE S.r.l.
8. Rotex Automation Ltd.
9. Schrader Duncan Limited
10. Nidec Corporation
11. Denso Corporation
12. Eaton Corporation PLC
13. WABCO
14. ASCO Valve Inc.
Related Report:
A. Control Valves Market
B.
Process Automation
Control Valves Market
https://industryarc.com/Report/18485/process-automation-control-valves-market-research-report-analysis.html
What can you
expect from the report?
The Automotive
Solenoid Valves Market Report is Prepared with the Main Agenda to Cover the
following 20 points:
1. Market Size by
Product Categories & Application
11. Demand Analysis (Revenue & Volume)
2. Market trends &
Relevant Market Data 12. Country level Analysis
3. Manufacturer
Landscape 13. Competitor Analysis
4. Distributor
Landscape 14. Market Shares Analysis
5. Pricing Analysis 15. Value Chain Analysis
6. Top 10 End user
Analysis 16. Supply Chain Analysis
7. Product
Benchmarking 17. Strategic Analysis
8. Product
Developments 18. Current & Future Market
Landscape Analysis
9. Mergers & Acquisition Analysis 19. Opportunity Analysis
10. Patent Analysis 20. Revenue and Volume Analysis
Frequently Asked
Questions:
Q. Does IndustryARC
publish country or application based reports in Automotive Solenoid Valves
segment?
Response: Yes, we do have separate reports as mentioned
below:
1. Americas
Automotive Solenoid Valves Market Report (2018-2023)
2. Europe
Automotive Solenoid Valves Market Analysis (2018-2023)
3. Asia Pacific
Automotive Solenoid Valves Market Size (2018-2023)
4. RoW Automotive
Solenoid Valves Market Share (2018-2023)
Q. Does IndustryARC
provide customized reports and charge additionally for limited customization?
Response: Yes, we can customize the report by
extracting data from our database of reports and annual subscription databases.
We can provide the following free customization:
1. Increase the level
of data in application or end user industry.
2. Increase the number
of countries in geography chapter.
3. Find out market
shares for other smaller companies or companies which are of interest to you.
4. Company profiles
can be requested based on your interest.
5. Patent analysis, pricing,
product analysis, product benchmarking, value and supply chain analysis can be
requested for a country or end use segment.
Any other custom
requirements can be discussed with our team, drop an e-mail to sales@industryarc.com to
discuss more about our consulting services.
To request for a
proposal, provide your details in the below link:
Media Contact:
Mr. Venkat Reddy
Sales Manager
Email 1:
sales@industryarc.com
Or Email 2:
venkat@industryarc.com
Contact Sales:
+1-614-588-8538 (Ext-101)
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