Solenoid valve Market by Body Material (Stainless Steel, Brass, Aluminum, and Plastic), Valve Design (2-way, 3-way, 4-way, and 5-way), Industry, and Geography - Global Forecast to 2022
The solenoid valve market is expected to reach USD 4.41 billion by 2022, at a CAGR of 3.54% between 2016 and 2022. The market also registered a shipment of 12.94 million units in 2015 and is expected to reach 20.29 million units by 2022. The major factors contributing to the growth of this market include the increasing need for greater process automation in wider range of industries and growing importance for providing clean and safe drinking water worldwide.
“The market for aluminum solenoid valves is expected to grow at the highest rate during the forecast period”
The market for aluminum solenoid valves is expected to grow at the highest rate between 2016 and 2022 in the global solenoid valve market. The major factors contributing to the growth of this market include growing adoption of these aluminium solenoid valves in a variety of industries such as chemical & petrochemical, oil & gas, water & wastewater, food & beverages, and power generation among others as they are lighter in weight, which helps in reducing the overall weight of the body, thereby increasing the production process.
“APAC to be the fastest-growing market during the forecast period in the solenoid valve market”
The global solenoid valve market in the Americas held the largest share in 2015; however, the market in APAC is expected to exhibit the highest growth rate during the forecast period. The major factors contributing to the growth of this market include the increasing investments across various process industries, especially in the developing economies such as China and India. The solenoid valves in these industries are utilized to control the flow of wider range of fluids and gases.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key people in the market. The break-up of profiles of primary participants is given below:
1. ASCO Valve, Inc. (U.S.)
2. Christian B?rkert GmbH & Co. KG (Germany)
3. Curtiss-Wright Corporation (U.S.)
4. Danfoss A/S (Denmark)
5. GSR Ventiltechnik GmbH & Co. KG (Germany)
6. IMI plc (U.K.)
7. Parker Hannifin Corporation (U.S.)
8. Rotex Controls B.V. (The Netherlands)
9. SMC Corporation (Japan)
10. The Lee Company (U.S.)
The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the solenoid valves market comprehensively and provides the closest approximations of the revenues for the overall market and the subsegments across different verticals and regions.
2. The report would help stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.
“The market for aluminum solenoid valves is expected to grow at the highest rate during the forecast period”
The market for aluminum solenoid valves is expected to grow at the highest rate between 2016 and 2022 in the global solenoid valve market. The major factors contributing to the growth of this market include growing adoption of these aluminium solenoid valves in a variety of industries such as chemical & petrochemical, oil & gas, water & wastewater, food & beverages, and power generation among others as they are lighter in weight, which helps in reducing the overall weight of the body, thereby increasing the production process.
“APAC to be the fastest-growing market during the forecast period in the solenoid valve market”
The global solenoid valve market in the Americas held the largest share in 2015; however, the market in APAC is expected to exhibit the highest growth rate during the forecast period. The major factors contributing to the growth of this market include the increasing investments across various process industries, especially in the developing economies such as China and India. The solenoid valves in these industries are utilized to control the flow of wider range of fluids and gases.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key people in the market. The break-up of profiles of primary participants is given below:
- By Company Type: Tier 1%–25%, Tier 2%–35%, and Tier 3%–40%
- By Designation: C-Level Executives– 35%, Directors– 25%, Others – 40%
- By Region: North America – 43%, Europe – 29%, APAC – 14%, RoW – 14%
1. ASCO Valve, Inc. (U.S.)
2. Christian B?rkert GmbH & Co. KG (Germany)
3. Curtiss-Wright Corporation (U.S.)
4. Danfoss A/S (Denmark)
5. GSR Ventiltechnik GmbH & Co. KG (Germany)
6. IMI plc (U.K.)
7. Parker Hannifin Corporation (U.S.)
8. Rotex Controls B.V. (The Netherlands)
9. SMC Corporation (Japan)
10. The Lee Company (U.S.)
The report would help the market leaders/new entrants in this market in the following ways:
1. This report segments the solenoid valves market comprehensively and provides the closest approximations of the revenues for the overall market and the subsegments across different verticals and regions.
2. The report would help stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
3. This report would help stakeholders to understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem, new product developments, partnerships, and mergers & acquisitions.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE ANALYSIS
2.2.2.1 Increasing adoption of solenoid valves in the pharmaceutical industry would drive the demand for this market
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR THE SOLENOID VALVES MARKET
4.2 SOLENOID VALVE MARKET, BY INDUSTRY
4.3 SOLENOID VALVE MARKET IN APAC
4.4 LIFE CYCLE ANALYSIS, BY GEOGRAPHY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET SEGMENTATION
5.2.1 MARKET, BY BODY MATERIAL
5.2.2 OPERATING PROCEDURES OF SOLENOID VALVES
5.2.3 MARKET, BY VALVE DESIGN
5.2.4 MARKET, BY INDUSTRY
5.2.5 MARKET, BY GEOGRAPHY
5.3 MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Increasing adoption of solenoid valves in the food & beverages industry
5.3.1.2 Shift to renewable sources for power generation
5.3.2 RESTRAINTS
5.3.2.1 Technical problems associated with solenoid valves may affect the market
5.3.3 OPPORTUNITIES
5.3.3.1 Increasing demand for wastewater treatment industries
5.3.3.2 Growing adoption of solenoid valves in a wide range of process industries
5.3.4 CHALLENGES
5.3.4.1 Reliability of Solenoid valve
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.3 PORTER’S FIVE FORCES ANALYSIS
6.3.1 INTENSITY OF COMPETITIVE RIVALRY
6.3.2 THREAT OF SUBSTITUTES
6.3.3 BARGAINING POWER OF BUYERS
6.3.4 BARGAINING POWER OF SUPPLIERS
6.3.5 THREAT OF NEW ENTRANTS
6.4 STRATEGIC BENCHMARKING
6.4.1 TECHNOLOGY INTEGRATION AND PRODUCT ENHANCEMENT
7 OPERATING PROCEDURES OF SOLENOID VALVES
7.1 INTRODUCTION
7.2 DIRECT OPERATED
7.3 INDIRECT (PILOT) OPERATED
7.4 SEMI-DIRECT OPERATED
8 MARKET, BY BODY MATERIAL
8.1 INTRODUCTION
8.2 STAINLESS STEEL BODY MATERIAL
8.3 BRASS BODY MATERIAL
8.4 ALUMINUM BODY MATERIAL
8.5 PLASTIC BODY MATERIAL
9 MARKET, BY VALVE DESIGN
9.1 INTRODUCTION
9.2 2-WAY SOLENOID VALVES
9.3 3-WAY SOLENOID VALVES
9.4 4-WAY SOLENOID VALVES
9.5 5-WAY SOLENOID VALVES
10 MARKET, BY INDUSTRY
10.1 INTRODUCTION
10.2 OIL & GAS
10.3 CHEMICAL & PETROCHEMICAL
10.4 WATER & WASTEWATER
10.5 FOOD & BEVERAGES
10.6 POWER GENERATION
10.7 PHARMACEUTICAL
10.8 AUTOMOTIVE
10.9 MEDICAL
10.10 OTHERS
11 MARKET, BY GEOGRAPHY
11.1 INTRODUCTION
11.2 AMERICAS
11.2.1 NORTH AMERICA
11.2.1.1 U.S.
11.2.1.1.1 Upgrading of existing facilities would drive the market in the U.S.
11.2.1.2 Canada
11.2.1.2.1 Growing medical and healthcare industry
11.2.1.3 Mexico
11.2.1.3.1 Growing manufacturing industry would further drive the utilization of solenoid valves
11.2.2 SOUTH AMERICA
11.3 EUROPE
11.3.1 GERMANY
11.3.1.1 Advanced manufacturing capabilities
11.3.2 FRANCE
11.3.2.1 Second-largest solenoid valve market in Europe
11.3.3 ITALY
11.3.3.1 Third-largest solenoid valve market in Europe
11.3.4 U.K.
11.3.4.1 Growing automation technologies would drive the solenoid valves market
11.3.5 REST OF EUROPE
11.3.5.1 Growing economic conditions
11.4 ASIA-PACIFIC
11.4.1 JAPAN
11.4.1.1 A substantial mature market
11.4.2 CHINA
11.4.2.1 Second-largest solenoid valve market in Asia-Pacific
11.4.3 SOUTH KOREA
11.4.3.1 Growth from semiconductor manufacturing companies
11.4.4 INDIA
11.4.4.1 Prominent growth in the water treatment plants
11.4.5 REST OF APAC
11.4.5.1 Australia & Indonesia are potential countries for solenoid valves
11.5 REST OF THE WORLD (ROW)
11.5.1 MIDDLE EAST
11.5.1.1 Huge oil & gas reserves and petrochemical industries would drive the solenoid valve market
11.5.2 AFRICA
11.5.2.1 Emerging region for various industries
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.2 MARKET RANKING OF PLAYERS IN THE SOLENOID VALVE MARKET, 2015
12.3 COMPETITIVE SCENARIO
12.4 RECENT DEVELOPMENTS
13 COMPANY PROFILES
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 INTRODUCTION
13.2 ASCO VALVE, INC.
13.3 CHRISTIAN B?RKERT GMBH & CO. KG
13.4 CURTISS-WRIGHT CORPORATION
13.5 DANFOSS A/S
13.6 GSR VENTILTECHNIK GMBH & CO. KG
13.7 IMI PLC
13.8 PARKER HANNIFIN CORPORATION
13.9 ROTEX CONTROLS B.V.
13.10 SMC CORPORATION
13.11 THE LEE COMPANY
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
14.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.5 AVAILABLE CUSTOMIZATIONS
14.6 RELATED REPORTS
12. LIST OF TABLES
TABLE 1 INCREASING ADOPTION OF SOLENOID VALVES IN FOOD & BEVERAGES INDUSTRY WOULD DRIVE THE MARKET
TABLE 2 TECHNICAL PROBLEMS ASSOCAITED WITH SOLENOID VALVES MAY AFFECT
THE SOLENOID VALVE MARKET
TABLE 3 INCREASING DEMAND FOR SOLENOID VALVES IN WASTE WATER TREATMENT PLANTS MIGHT WITNESS A HUGE OPPORTUNITY FOR THIS INDUSTRY
TABLE 4 PORTER’S FIVE FORCES ANALYSIS: LOW DEGREE OF THREAT OF SUBSTITUTES LIKELY TO HAVE MINIMUM IMPACT ON THE OVERALL MARKET IN 2015
TABLE 5 SOLENOID VALVE MARKET, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 6 SOLENOID VALVE MARKET, BY BODY MATERIAL, 2013–2022 (MILLION UNITS)
TABLE 7 SOLENOID VALVE MARKET FOR STAINLESS STEEL BODY MATERIAL, BY REGION, 2013–2022 (USD MILLION)
TABLE 8 SOLENOID VALVE MARKET FOR STAINLESS STEEL BODY MATERIAL, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 9 SOLENOID VALVE MARKET FOR BRASS BODY MATERIAL, BY REGION, 2013–2022 (USD MILLION)
TABLE 10 SOLENOID VALVE MARKET FOR BRASS BODY MATERIAL, BY REGION, 2013–2022 (MILLION UNITS)
TABLE 11 SOLENOID VALVE MARKET FOR ALUMINUM BODY MATERIAL, BY REGION, 2013–2022 (USD MILLION)
TABLE 12 SOLENOID VALVE MARKET FOR ALUMINUM BODY MATERIAL, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 13 SOLENOID VALVE MARKET FOR PLASTIC BODY MATERIAL, BY REGION, 2013–2022 (USD MILLION)
TABLE 14 SOLENOID VALVE MARKET FOR PLASTIC BODY MATERIAL, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 15 SOLENOID VALVE MARKET, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 16 SOLENOID VALVE MARKET FOR 2-WAY VALVE DESIGN TYPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 17 SOLENOID VALVE MARKET FOR 3-WAY VALVE DESIGN TYPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 18 SOLENOID VALVE MARKET FOR 4-WAY VALVE DESIGN TYPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 19 SOLENOID VALVE MARKET FOR 5-WAY VALVE DESIGN TYPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 20 SOLENOID VALVE MARKET, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 21 SOLENOID VALVE MARKET, BY INDUSTRY, 2013–2022 (MILLION UNITS)
TABLE 22 SOLENOID VALVE MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 23 SOLENOID VALVE MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 24 SOLENOID VALVE MARKET FOR OIL & GAS INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 25 SOLENOID VALVE MARKET FOR CHEMICAL & PETROCHEMICAL INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 26 SOLENOID VALVE MARKET FOR CHEMICAL & PETROCHEMICAL INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 27 SOLENOID VALVE MARKET FOR CHEMICAL & PETROCHEMICAL INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 28 SOLENOID VALVE MARKET FOR WATER & WASTEWATER INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 29 SOLENOID VALVE MARKET FOR WATER & WASTEWATER INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 30 SOLENOID VALVE MARKET FOR WATER & WASTEWATER INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 31 SOLENOID VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 32 SOLENOID VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 33 SOLENOID VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 34 SOLENOID VALVE MARKET FOR POWER GENERATION INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 35 SOLENOID VALVE MARKET FOR POWER GENERATION INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 36 SOLENOID VALVE MARKET FOR POWER GENERATION INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 37 SOLENOID VALVE MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 38 SOLENOID VALVE MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 39 SOLENOID VALVE MARKET FOR PHARMACEUTICALS INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 40 SOLENOID VALVE MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 41 SOLENOID VALVE MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 42 SOLENOID VALVE MARKET FOR AUTOMOTIVE INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 43 SOLENOID VALVE MARKET FOR MEDICAL INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 44 SOLENOID VALVE MARKET FOR MEDICAL INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 45 SOLENOID VALVE MARKET FOR MEDICAL INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 46 SOLENOID VALVE MARKET FOR OTHER INDUSTRIES, BY REGION, 2013–2022 (USD MILLION)
TABLE 47 SOLENOID VALVE MARKET FOR OTHER INDUSTRIES, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 48 SOLENOID VALVE MARKET FOR OTHERS INDUSTRY, BY VALVE DESIGN, 2013–2022 (USD MILLION)
TABLE 49 SOLENOID VALVE MARKET, BY REGION, 2013–2022 (USD MILLION)
TABLE 50 SOLENOID VALVE MARKET, BY REGION, 2013–2022 (MILLION UNITS)
TABLE 51 SOLENOID VALVE MARKET IN AMERICAS, BY REGION, 2013–2022 (USD MILLION)
TABLE 52 SOLENOID VALVE MARKET IN NORTH AMERICA, BY COUNTRY, 2013–2022 (USD MILLION)
TABLE 53 SOLENOID VALVE MARKET IN AMERICAS, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 54 SOLENOID VALVE MARKET IN AMERICAS, BY INDUSTRY, 2013–2022 (THOUSAND UNITS)
TABLE 55 SOLENOID VALVE MARKET IN AMERICAS, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 56 SOLENOID VALVE MARKET IN AMERICAS, BY BODY MATERIAL, 2013–2022 (THOUSAND UNITS)
TABLE 57 SOLENOID VALVE MARKET IN EUROPE, BY COUNTRY, 2013–2022 (USD MILLION)
TABLE 58 SOLENOID VALVE MARKET IN EUROPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 59 SOLENOID VALVE MARKET IN EUROPE, BY INDUSTRY, 2013–2022 (THOUSAND UNITS)
TABLE 60 SOLENOID VALVE MARKET IN EUROPE, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 61 SOLENOID VALVE MARKET IN EUROPE, BY BODY MATERIAL, 2013–2022 (THOUSAND UNITS)
TABLE 62 SOLENOID VALVE MARKET IN APAC, BY COUNTRY, 2013–2022 (USD MILLION)
TABLE 63 SOLENOID VALVE MARKET IN APAC, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 64 SOLENOID VALVE MARKET IN APAC, BY INDUSTRY, 2013–2022 (THOUSAND UNITS)
TABLE 65 SOLENOID VALVE MARKET IN APAC, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 66 SOLENOID VALVE MARKET IN APAC, BY BODY MATERIAL, 2013–2022 (THOUSAND UNITS)
TABLE 67 SOLENOID VALVE MARKET IN ROW, BY REGION, 2013–2022 (USD MILLION)
TABLE 68 SOLENOID VALVE MARKET IN ROW, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 69 SOLENOID VALVE MARKET IN ROW, BY INDUSTRY, 2013–2022 (THOUSAND UNITS)
TABLE 70 SOLENOID VALVES MARKET IN ROW, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 71 SOLENOID VALVES MARKET IN ROW, BY BODY MATERIAL, 2013–2022 (THOUSAND UNITS)
TABLE 72 MARKET RANKING OF THE TOP 5 PLAYERS IN THE SOLENOID VALVE MARKET IN 2015
TABLE 73 NEW PRODUCT LAUNCHES, 2014–2015
TABLE 74 CONTRACTS, AGREEMENTS & PARTNERSHIPS, 2014–2015
12. LIST OF FIGURES
FIGURE 1 OVERVIEW OF THE MICROMARKETS COVERED
FIGURE 2 SOLENOID VALVE MARKET: RESEARCH DESIGN
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 5 DATA TRIANGULATION
FIGURE 6 SOLENOID VALVE MARKET, 2013–2022 (IN TERMS OF VALUE AND VOLUME)
FIGURE 7 SOLENOID VALVE MARKET FOR THE CHEMICAL & PETROCHEMICAL INDUSTRY EXPECTED TO WITNESS THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD
FIGURE 8 SOLENOID VALVES WITH BRASS BODY MATERIAL EXPECTED TO HOLD THE LARGEST MARKET SIZE BETWEEN 2016 AND 2022
FIGURE 9 SOLENOID VALVES WITH BRASS BODY MATERIAL EXPECTED TO HOLD THE LARGEST MARKET SIZE BETWEEN 2016 AND 2022
FIGURE 10 3-WAY DESIGN SOLENOID VALVES EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD
FIGURE 11 SOLENOID VALVE MARKET, BY REGION, 2015
FIGURE 12 INCREASING ADOPTION OF SOLENOID VALVES FOR WATER & WASTEWATER TREATMENT INDUSTRY EXPECTED TO DRIVE THE MARKET DURING THE FORECAST PERIOD
FIGURE 13 THE CHEMICAL & PETROCHEMICAL INDUSTRY EXPECTED TO DOMINATE THE SOLENOID VALVE MARKET IN 2016
FIGURE 14 THE CHEMICAL & PETROCHEMICAL INDUSTRY EXPECTED TO DOMINATE THE SOLENOID VALVE MARKET IN THE APAC REGION IN 2015
FIGURE 15 THE SOLENOID VALVE MARKET IN THE APAC REGION EXPERIENCED THE GROWTH PHASE IN 2015
FIGURE 16 MARKET DYNAMICS: OVERVIEW
FIGURE 17 GLOBAL RENEWABLE ENERGY CAPACITY (INSTALLED)
FIGURE 18 MAJOR VALUE ADDED DURING THE MANUFACTURING AND ASSEMBLY PHASES
FIGURE 19 THE PORTER’S FIVE FORCES ANALYSIS (2015)
FIGURE 20 SOLENOID VALVE MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 21 INTENSITY OF COMPETITIVE RIVALRY: MEDIUM COMPETITION IN THE MARKET OWING TO THE PRESENCE OF WELL-ESTABLISHED PLAYERS
FIGURE 22 THREAT OF SUBSTITUTES WOULD BE MEDIUM DUE TO THE BUYERS PROPENSITY TO SUBSTITUTE
FIGURE 23 BARGAINING POWER OF BUYERS EXPECTED TO BE MEDIUM OWING TO THE AVAILABILITY OF WIDE RANGE OF SOLENOID VALVES IN THE MARKET
FIGURE 24 BARGAINING POWER OF SUPPLIERS EXPECTED TO BE LOW DUE TO THE PRESENCE OF SUBSTANTIAL PLAYERS
FIGURE 25 NEW ENTRANTS LESS LIKELY TO ENTER THIS MARKET OWING TO THE RETALIATION FROM ALREADY EXISTING FIRMS
FIGURE 26 STRATEGIC BENCHMARKING: KEY PLAYERS LARGELY ADOPTED ORGANIC GROWTH STRATEGIES FOR NEW PRODUCT AND TECHNOLOGY DEVELOPMENT
FIGURE 27 OPERATING PRINCIPLES OF SOLENOID VALVES
FIGURE 28 SOLENOID VALVE MARKET, BY BODY MATERIAL
FIGURE 29 BRASS BODY MATERIAL EXPECTED TO HOLD THE LARGEST SIZE OF THE SOLENOID VALVE MARKET DURING THE FORECAST PERIOD
FIGURE 30 AMERICAS EXPECTED TO HOLD THE LARGEST MARKET SIZE FOR THE STAINLESS STEEL SOLENOID BODY MATERIAL MARKET DURING THE FORECAST PERIOD
FIGURE 31 APAC EXPECTED TO GROW AT THE HIGHEST RATE IN THE BRASS SOLENOID BODY MATERIAL MARKET DURING THE FORECAST PERIOD
FIGURE 32 APAC EXPECTED TO GROW AT THE HIGHEST RATE IN THE BRASS SOLENOID BODY MATERIAL MARKET DURING THE FORECAST PERIOD
FIGURE 33 REST OF THE WORLD EXPECTED TO WITNESS THE HIGHEST GROWTH RATE FOR PLASTIC SOLENOID VALVES MARKET DURING THE FORECAST PERIOD
FIGURE 34 SOLENOID VALVE MARKET, BY VALVE DESIGN TYPE
FIGURE 35 2-WAY SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD
FIGURE 36 CHEMICAL & PETROCHEMICAL INDUSTRY EXPECTED TO HOLD THE LARGEST SIZE OF THE 2-WAY SOLENOID VALVE DESIGN BETWEEN 2016 AND 2022
FIGURE 37 WATER & WASTEWATER INDUSTRY EXPECTED TO GROW AT THE HIGHEST RATE IN THE 3-WAY SOLENOID VALVE DESIGN MARKET DURING THE FORECAST PERIOD
FIGURE 38 OIL & GAS INDUSTRY EXPECTED TO HOLD THE LARGEST SIZE IN THE 4-WAY SOLENOID DESIGN VALVES MARKET BETWEEN 2016 AND 2022
FIGURE 39 FOOD & BEVERAGES INDUSTRY EXPECTED TO HOLD THE LARGEST SIZE IN THE 5-WAY SOLENOID DESIGN VALVES MARKET DURING THE FORECAST PERIOD
FIGURE 40 SOLENOID VALVE MARKET: BY INDUSTRY
FIGURE 41 SOLENOID VALVE MARKET FOR THE CHEMICAL & PETROCHEMICAL INDUSTRY IS EXPECTED TO HOLD THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD
FIGURE 42 AMERICAS EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE OIL & GAS INDUSTRY DURING THE FORECAST PERIOD
FIGURE 43 2-WAY SOLENOID VALVES ARE EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE OIL & GAS INDUSTRY DURING THE FORECAST PERIOD
FIGURE 44 ROW REGION EXPECTED TO GROW AT THE HIGHEST RATE IN THE CHEMICAL & PETROCHEMICAL INDUSTRY BETWEEN 2016 AND 2022
FIGURE 45 3-WAY SOLENOID VALVES ARE EXPECTED TO GROW AT THE HIGHEST RATE IN THE CHEMICAL & PETROCHEMICAL INDUSTRY DURING THE FORECAST PERIOD
FIGURE 46 MARKET IN APAC EXPECTED TO GROW AT THE HIGHEST RATE IN THE WATER & WASTEWATER INDUSTRY DURING THE FORECAST PERIOD
FIGURE 47 2-WAY SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE WATER & WASTEWATER INDUSTRY BETWEEN 2016 AND 2022
FIGURE 48 AMERICAS EXPECTED TO HOLD THE LARGEST MARKET IN THE FOOD & BEVERAGES INDUSTRY DURING THE FORECAST PERIOD
FIGURE 49 3-WAY SOLENOID VALVES ARE EXPECTED TO WITNESS THE HIGHEST GROWTH IN THE FOOD & BEVERAGES INDUSTRY BETWEEN 2016 AND 2022
FIGURE 50 APAC REGION EXPECTED TO GROW AT THE HIGHEST RATE IN THE POWER GENERATION INDUSTRY DURING THE FORECAST PERIOD
FIGURE 51 SOLENOID VALVE MARKET FOR THE CHEMICAL & PETROCHEMICAL INDUSTRY IS EXPECTED TO HOLD THE LARGEST SIZE DURING THE FORECAST PERIOD
FIGURE 52 MARKET IN APAC REGION EXPECTED TO WITNESS THE HIGHEST GROWTH RATE IN THE PHARMACEUTICAL INDUSTRY BETWEEN 2016 AND 2022
FIGURE 53 3-WAY SOLENOID VALVES ARE EXPECTED TO GROW AT A HIGHEST CAGR IN THE PHARMACEUTICALS INDUSTRY DURING THE FORECAST PERIOD
FIGURE 54 EUROPE EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE AUTOMOTIVE INDUSTRY BETWEEN 2016 AND 2022
FIGURE 55 2-WAY SOLENOID VALVES ARE EXPECTED TO HOLD THE LARGEST SIZE IN THE AUTOMOTIVE INDUSTRY BETWEEN 2016 AND 2022
FIGURE 56 EUROPE EXPECTED TO HOLD THE LARGEST MARKET SIZE OF THE MEDICAL INDUSTRY DURING THE FORECAST PERIOD
FIGURE 57 2-WAY SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE MEDICAL INDUSTRY BETWEEN 2016 AND 2022
FIGURE 58 AMERICAS EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE OTHER INDUSTRIES DURING THE FORECAST PERIOD
FIGURE 59 2-WAY SOLENOID VALVES ARE EXPECTED TO HOLD THE LARGEST MARKET SIZE OF THE OTHER INDUSTRIES DURING THE FORECAST PERIOD
FIGURE 60 SOLENOID VALVE MARKET, BY REGION
FIGURE 61 AMERICAS EXPECTED TO DOMINATE THE SOLENOID VALVE MARKET DURING THE FORECAST PERIOD
FIGURE 62 AMERICAS: SOLENOID VALVE MARKET SNAPSHOT
FIGURE 63 THE SOLENOID VALVE MARKET IN THE AMERICAS
FIGURE 64 THE SOLENOID VALVE MARKET IN THE U.S. EXPECTED TO HOLD THE LARGEST SIZE DURING THE FORECAST PERIOD
FIGURE 65 WATER & WASTEWATER INDUSTRY EXPECTED TO DOMINATE THE SOLENOID VALVE MARKET IN THE AMERICAS BETWEEN 2016 AND 2022
FIGURE 66 BRASS SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET IN THE SOLENOID VALVE MARKET IN THE AMERICAS DURING THE FORECAST PERIOD
FIGURE 67 EUROPE: SOLENOID VALVE MARKET SNAPSHOT
FIGURE 68 THE SOLENOID VALVE MARKET IN EUROPE
FIGURE 69 GERMANY EXPECTED TO HOLD THE MAJOR MARKET FOR SOLENOID VALVES IN EUROPE BETWEEN 2016 AND 2022
FIGURE 70 AUTOMOTIVE INDUSTRY EXPECTED TO HOLD THE MAJOR MARKET FOR SOLENOID VALVES IN EUROPE BETWEEN 2016 AND 2022
FIGURE 71 BRASS SOLENOID VALVES EXPECTED TO HOLD THE MAJOR MARKET FOR SOLENOID VALVES IN EUROPE BETWEEN 2016 AND 2022
FIGURE 72 APAC: SOLENOID VALVE MARKET SNAPSHOT
FIGURE 73 THE SOLENOID VALVE MARKET IN ASIA-PACIFIC
FIGURE 74 INDIA EXPECTED TO WITNESS THE HIGHEST GROWTH RATE IN THE SOLENOID VALVE MARKET IN THE APAC REGION BETWEEN 2016 AND 2022
FIGURE 75 WATER & WASTEWATER INDUSTRY EXPECTED TO WITNESS THE HIGHEST GROWTH RATE IN THE SOLENOID VALVE MARKET IN THE APAC REGION BETWEEN 2016 AND 2022
FIGURE 76 BRASS SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET OF THE SOLENOID VALVE MARKET IN APAC BETWEEN 2016 AND 2022
FIGURE 77 THE SOLENOID VALVE MARKETS IN THE ROW
FIGURE 78 MIDDLE EAST TO HOLD THE LARGEST MARKET FOR SOLENOID VALVES IN ROW DURING THE FORECAST PERIOD
FIGURE 79 MIDDLE EAST TO HOLD THE LARGEST MARKET FOR SOLENOID VALVES IN ROW DURING THE FORECAST PERIOD
FIGURE 80 ALUMINUM SOLENOID VALVES EXPECTED TO GROW AT THE HIGHEST RATE IN THE SOLENOID VALVES MARKET IN ROW DURING THE FORECAST PERIOD
FIGURE 81 KEY GROWTH STRATEGIES ADOPTED BY THE TOP COMPANIES BETWEEN 2013 AND 2015
FIGURE 82 MARKET EVALUATION FRAMEWORK: NEW PRODUCT LAUNCHES FUELLED THE GROWTH AND INNOVATION BETWEEN 2013 AND 2015
FIGURE 83 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES WAS THE KEY STRATEGY
FIGURE 84 GEOGRAPHIC REVENUE MIX OF MAJOR PLAYERS IN THE SOLENOID VALVE MARKET
FIGURE 85 ASCO VALVE, INC.: SWOT ANALYSIS
FIGURE 86 CHRISTIAN B?RKERT GMBH & CO. KG: SWOT ANALYSIS
FIGURE 87 CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT
FIGURE 88 DANFOSS A/S: COMPANY SNAPSHOT
FIGURE 89 DANFOSS A/S: SWOT ANALYSIS
FIGURE 90 IMI PLC: COMPANY SNAPSHOT
FIGURE 91 IMI PLC: SWOT ANALYSIS
FIGURE 92 PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT
FIGURE 93 PARKER HANNIFIN CORPORATION: SWOT ANALYSIS
FIGURE 94 SMC CORPORATION: COMPANY SNAPSHOT
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 GEOGRAPHIC SCOPE
1.3.3 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Breakdown of primaries
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE ANALYSIS
2.2.2.1 Increasing adoption of solenoid valves in the pharmaceutical industry would drive the demand for this market
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR THE SOLENOID VALVES MARKET
4.2 SOLENOID VALVE MARKET, BY INDUSTRY
4.3 SOLENOID VALVE MARKET IN APAC
4.4 LIFE CYCLE ANALYSIS, BY GEOGRAPHY
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET SEGMENTATION
5.2.1 MARKET, BY BODY MATERIAL
5.2.2 OPERATING PROCEDURES OF SOLENOID VALVES
5.2.3 MARKET, BY VALVE DESIGN
5.2.4 MARKET, BY INDUSTRY
5.2.5 MARKET, BY GEOGRAPHY
5.3 MARKET DYNAMICS
5.3.1 DRIVERS
5.3.1.1 Increasing adoption of solenoid valves in the food & beverages industry
5.3.1.2 Shift to renewable sources for power generation
5.3.2 RESTRAINTS
5.3.2.1 Technical problems associated with solenoid valves may affect the market
5.3.3 OPPORTUNITIES
5.3.3.1 Increasing demand for wastewater treatment industries
5.3.3.2 Growing adoption of solenoid valves in a wide range of process industries
5.3.4 CHALLENGES
5.3.4.1 Reliability of Solenoid valve
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.3 PORTER’S FIVE FORCES ANALYSIS
6.3.1 INTENSITY OF COMPETITIVE RIVALRY
6.3.2 THREAT OF SUBSTITUTES
6.3.3 BARGAINING POWER OF BUYERS
6.3.4 BARGAINING POWER OF SUPPLIERS
6.3.5 THREAT OF NEW ENTRANTS
6.4 STRATEGIC BENCHMARKING
6.4.1 TECHNOLOGY INTEGRATION AND PRODUCT ENHANCEMENT
7 OPERATING PROCEDURES OF SOLENOID VALVES
7.1 INTRODUCTION
7.2 DIRECT OPERATED
7.3 INDIRECT (PILOT) OPERATED
7.4 SEMI-DIRECT OPERATED
8 MARKET, BY BODY MATERIAL
8.1 INTRODUCTION
8.2 STAINLESS STEEL BODY MATERIAL
8.3 BRASS BODY MATERIAL
8.4 ALUMINUM BODY MATERIAL
8.5 PLASTIC BODY MATERIAL
9 MARKET, BY VALVE DESIGN
9.1 INTRODUCTION
9.2 2-WAY SOLENOID VALVES
9.3 3-WAY SOLENOID VALVES
9.4 4-WAY SOLENOID VALVES
9.5 5-WAY SOLENOID VALVES
10 MARKET, BY INDUSTRY
10.1 INTRODUCTION
10.2 OIL & GAS
10.3 CHEMICAL & PETROCHEMICAL
10.4 WATER & WASTEWATER
10.5 FOOD & BEVERAGES
10.6 POWER GENERATION
10.7 PHARMACEUTICAL
10.8 AUTOMOTIVE
10.9 MEDICAL
10.10 OTHERS
11 MARKET, BY GEOGRAPHY
11.1 INTRODUCTION
11.2 AMERICAS
11.2.1 NORTH AMERICA
11.2.1.1 U.S.
11.2.1.1.1 Upgrading of existing facilities would drive the market in the U.S.
11.2.1.2 Canada
11.2.1.2.1 Growing medical and healthcare industry
11.2.1.3 Mexico
11.2.1.3.1 Growing manufacturing industry would further drive the utilization of solenoid valves
11.2.2 SOUTH AMERICA
11.3 EUROPE
11.3.1 GERMANY
11.3.1.1 Advanced manufacturing capabilities
11.3.2 FRANCE
11.3.2.1 Second-largest solenoid valve market in Europe
11.3.3 ITALY
11.3.3.1 Third-largest solenoid valve market in Europe
11.3.4 U.K.
11.3.4.1 Growing automation technologies would drive the solenoid valves market
11.3.5 REST OF EUROPE
11.3.5.1 Growing economic conditions
11.4 ASIA-PACIFIC
11.4.1 JAPAN
11.4.1.1 A substantial mature market
11.4.2 CHINA
11.4.2.1 Second-largest solenoid valve market in Asia-Pacific
11.4.3 SOUTH KOREA
11.4.3.1 Growth from semiconductor manufacturing companies
11.4.4 INDIA
11.4.4.1 Prominent growth in the water treatment plants
11.4.5 REST OF APAC
11.4.5.1 Australia & Indonesia are potential countries for solenoid valves
11.5 REST OF THE WORLD (ROW)
11.5.1 MIDDLE EAST
11.5.1.1 Huge oil & gas reserves and petrochemical industries would drive the solenoid valve market
11.5.2 AFRICA
11.5.2.1 Emerging region for various industries
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.2 MARKET RANKING OF PLAYERS IN THE SOLENOID VALVE MARKET, 2015
12.3 COMPETITIVE SCENARIO
12.4 RECENT DEVELOPMENTS
13 COMPANY PROFILES
(Overview, Products and Services, Financials, Strategy & Development)*
13.1 INTRODUCTION
13.2 ASCO VALVE, INC.
13.3 CHRISTIAN B?RKERT GMBH & CO. KG
13.4 CURTISS-WRIGHT CORPORATION
13.5 DANFOSS A/S
13.6 GSR VENTILTECHNIK GMBH & CO. KG
13.7 IMI PLC
13.8 PARKER HANNIFIN CORPORATION
13.9 ROTEX CONTROLS B.V.
13.10 SMC CORPORATION
13.11 THE LEE COMPANY
*Details on Overview, Products and Services, Financials, Strategy & Development might not be Captured in case of Unlisted Companies
14 APPENDIX
14.1 INSIGHTS OF INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGE STORE: MARKETSANDMARKETS SUBSCRIPTION PORTAL
14.4 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.5 AVAILABLE CUSTOMIZATIONS
14.6 RELATED REPORTS
12. LIST OF TABLES
TABLE 1 INCREASING ADOPTION OF SOLENOID VALVES IN FOOD & BEVERAGES INDUSTRY WOULD DRIVE THE MARKET
TABLE 2 TECHNICAL PROBLEMS ASSOCAITED WITH SOLENOID VALVES MAY AFFECT
THE SOLENOID VALVE MARKET
TABLE 3 INCREASING DEMAND FOR SOLENOID VALVES IN WASTE WATER TREATMENT PLANTS MIGHT WITNESS A HUGE OPPORTUNITY FOR THIS INDUSTRY
TABLE 4 PORTER’S FIVE FORCES ANALYSIS: LOW DEGREE OF THREAT OF SUBSTITUTES LIKELY TO HAVE MINIMUM IMPACT ON THE OVERALL MARKET IN 2015
TABLE 5 SOLENOID VALVE MARKET, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 6 SOLENOID VALVE MARKET, BY BODY MATERIAL, 2013–2022 (MILLION UNITS)
TABLE 7 SOLENOID VALVE MARKET FOR STAINLESS STEEL BODY MATERIAL, BY REGION, 2013–2022 (USD MILLION)
TABLE 8 SOLENOID VALVE MARKET FOR STAINLESS STEEL BODY MATERIAL, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 9 SOLENOID VALVE MARKET FOR BRASS BODY MATERIAL, BY REGION, 2013–2022 (USD MILLION)
TABLE 10 SOLENOID VALVE MARKET FOR BRASS BODY MATERIAL, BY REGION, 2013–2022 (MILLION UNITS)
TABLE 11 SOLENOID VALVE MARKET FOR ALUMINUM BODY MATERIAL, BY REGION, 2013–2022 (USD MILLION)
TABLE 12 SOLENOID VALVE MARKET FOR ALUMINUM BODY MATERIAL, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 13 SOLENOID VALVE MARKET FOR PLASTIC BODY MATERIAL, BY REGION, 2013–2022 (USD MILLION)
TABLE 14 SOLENOID VALVE MARKET FOR PLASTIC BODY MATERIAL, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 15 SOLENOID VALVE MARKET, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 16 SOLENOID VALVE MARKET FOR 2-WAY VALVE DESIGN TYPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 17 SOLENOID VALVE MARKET FOR 3-WAY VALVE DESIGN TYPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 18 SOLENOID VALVE MARKET FOR 4-WAY VALVE DESIGN TYPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 19 SOLENOID VALVE MARKET FOR 5-WAY VALVE DESIGN TYPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 20 SOLENOID VALVE MARKET, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 21 SOLENOID VALVE MARKET, BY INDUSTRY, 2013–2022 (MILLION UNITS)
TABLE 22 SOLENOID VALVE MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 23 SOLENOID VALVE MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 24 SOLENOID VALVE MARKET FOR OIL & GAS INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 25 SOLENOID VALVE MARKET FOR CHEMICAL & PETROCHEMICAL INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 26 SOLENOID VALVE MARKET FOR CHEMICAL & PETROCHEMICAL INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 27 SOLENOID VALVE MARKET FOR CHEMICAL & PETROCHEMICAL INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 28 SOLENOID VALVE MARKET FOR WATER & WASTEWATER INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 29 SOLENOID VALVE MARKET FOR WATER & WASTEWATER INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 30 SOLENOID VALVE MARKET FOR WATER & WASTEWATER INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 31 SOLENOID VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 32 SOLENOID VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 33 SOLENOID VALVE MARKET FOR FOOD & BEVERAGES INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 34 SOLENOID VALVE MARKET FOR POWER GENERATION INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 35 SOLENOID VALVE MARKET FOR POWER GENERATION INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 36 SOLENOID VALVE MARKET FOR POWER GENERATION INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 37 SOLENOID VALVE MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 38 SOLENOID VALVE MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 39 SOLENOID VALVE MARKET FOR PHARMACEUTICALS INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 40 SOLENOID VALVE MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 41 SOLENOID VALVE MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 42 SOLENOID VALVE MARKET FOR AUTOMOTIVE INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 43 SOLENOID VALVE MARKET FOR MEDICAL INDUSTRY, BY REGION, 2013–2022 (USD MILLION)
TABLE 44 SOLENOID VALVE MARKET FOR MEDICAL INDUSTRY, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 45 SOLENOID VALVE MARKET FOR MEDICAL INDUSTRY, BY VALVE DESIGN TYPE, 2013–2022 (USD MILLION)
TABLE 46 SOLENOID VALVE MARKET FOR OTHER INDUSTRIES, BY REGION, 2013–2022 (USD MILLION)
TABLE 47 SOLENOID VALVE MARKET FOR OTHER INDUSTRIES, BY REGION, 2013–2022 (THOUSAND UNITS)
TABLE 48 SOLENOID VALVE MARKET FOR OTHERS INDUSTRY, BY VALVE DESIGN, 2013–2022 (USD MILLION)
TABLE 49 SOLENOID VALVE MARKET, BY REGION, 2013–2022 (USD MILLION)
TABLE 50 SOLENOID VALVE MARKET, BY REGION, 2013–2022 (MILLION UNITS)
TABLE 51 SOLENOID VALVE MARKET IN AMERICAS, BY REGION, 2013–2022 (USD MILLION)
TABLE 52 SOLENOID VALVE MARKET IN NORTH AMERICA, BY COUNTRY, 2013–2022 (USD MILLION)
TABLE 53 SOLENOID VALVE MARKET IN AMERICAS, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 54 SOLENOID VALVE MARKET IN AMERICAS, BY INDUSTRY, 2013–2022 (THOUSAND UNITS)
TABLE 55 SOLENOID VALVE MARKET IN AMERICAS, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 56 SOLENOID VALVE MARKET IN AMERICAS, BY BODY MATERIAL, 2013–2022 (THOUSAND UNITS)
TABLE 57 SOLENOID VALVE MARKET IN EUROPE, BY COUNTRY, 2013–2022 (USD MILLION)
TABLE 58 SOLENOID VALVE MARKET IN EUROPE, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 59 SOLENOID VALVE MARKET IN EUROPE, BY INDUSTRY, 2013–2022 (THOUSAND UNITS)
TABLE 60 SOLENOID VALVE MARKET IN EUROPE, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 61 SOLENOID VALVE MARKET IN EUROPE, BY BODY MATERIAL, 2013–2022 (THOUSAND UNITS)
TABLE 62 SOLENOID VALVE MARKET IN APAC, BY COUNTRY, 2013–2022 (USD MILLION)
TABLE 63 SOLENOID VALVE MARKET IN APAC, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 64 SOLENOID VALVE MARKET IN APAC, BY INDUSTRY, 2013–2022 (THOUSAND UNITS)
TABLE 65 SOLENOID VALVE MARKET IN APAC, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 66 SOLENOID VALVE MARKET IN APAC, BY BODY MATERIAL, 2013–2022 (THOUSAND UNITS)
TABLE 67 SOLENOID VALVE MARKET IN ROW, BY REGION, 2013–2022 (USD MILLION)
TABLE 68 SOLENOID VALVE MARKET IN ROW, BY INDUSTRY, 2013–2022 (USD MILLION)
TABLE 69 SOLENOID VALVE MARKET IN ROW, BY INDUSTRY, 2013–2022 (THOUSAND UNITS)
TABLE 70 SOLENOID VALVES MARKET IN ROW, BY BODY MATERIAL, 2013–2022 (USD MILLION)
TABLE 71 SOLENOID VALVES MARKET IN ROW, BY BODY MATERIAL, 2013–2022 (THOUSAND UNITS)
TABLE 72 MARKET RANKING OF THE TOP 5 PLAYERS IN THE SOLENOID VALVE MARKET IN 2015
TABLE 73 NEW PRODUCT LAUNCHES, 2014–2015
TABLE 74 CONTRACTS, AGREEMENTS & PARTNERSHIPS, 2014–2015
12. LIST OF FIGURES
FIGURE 1 OVERVIEW OF THE MICROMARKETS COVERED
FIGURE 2 SOLENOID VALVE MARKET: RESEARCH DESIGN
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
FIGURE 5 DATA TRIANGULATION
FIGURE 6 SOLENOID VALVE MARKET, 2013–2022 (IN TERMS OF VALUE AND VOLUME)
FIGURE 7 SOLENOID VALVE MARKET FOR THE CHEMICAL & PETROCHEMICAL INDUSTRY EXPECTED TO WITNESS THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD
FIGURE 8 SOLENOID VALVES WITH BRASS BODY MATERIAL EXPECTED TO HOLD THE LARGEST MARKET SIZE BETWEEN 2016 AND 2022
FIGURE 9 SOLENOID VALVES WITH BRASS BODY MATERIAL EXPECTED TO HOLD THE LARGEST MARKET SIZE BETWEEN 2016 AND 2022
FIGURE 10 3-WAY DESIGN SOLENOID VALVES EXPECTED TO GROW AT THE HIGHEST RATE DURING THE FORECAST PERIOD
FIGURE 11 SOLENOID VALVE MARKET, BY REGION, 2015
FIGURE 12 INCREASING ADOPTION OF SOLENOID VALVES FOR WATER & WASTEWATER TREATMENT INDUSTRY EXPECTED TO DRIVE THE MARKET DURING THE FORECAST PERIOD
FIGURE 13 THE CHEMICAL & PETROCHEMICAL INDUSTRY EXPECTED TO DOMINATE THE SOLENOID VALVE MARKET IN 2016
FIGURE 14 THE CHEMICAL & PETROCHEMICAL INDUSTRY EXPECTED TO DOMINATE THE SOLENOID VALVE MARKET IN THE APAC REGION IN 2015
FIGURE 15 THE SOLENOID VALVE MARKET IN THE APAC REGION EXPERIENCED THE GROWTH PHASE IN 2015
FIGURE 16 MARKET DYNAMICS: OVERVIEW
FIGURE 17 GLOBAL RENEWABLE ENERGY CAPACITY (INSTALLED)
FIGURE 18 MAJOR VALUE ADDED DURING THE MANUFACTURING AND ASSEMBLY PHASES
FIGURE 19 THE PORTER’S FIVE FORCES ANALYSIS (2015)
FIGURE 20 SOLENOID VALVE MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 21 INTENSITY OF COMPETITIVE RIVALRY: MEDIUM COMPETITION IN THE MARKET OWING TO THE PRESENCE OF WELL-ESTABLISHED PLAYERS
FIGURE 22 THREAT OF SUBSTITUTES WOULD BE MEDIUM DUE TO THE BUYERS PROPENSITY TO SUBSTITUTE
FIGURE 23 BARGAINING POWER OF BUYERS EXPECTED TO BE MEDIUM OWING TO THE AVAILABILITY OF WIDE RANGE OF SOLENOID VALVES IN THE MARKET
FIGURE 24 BARGAINING POWER OF SUPPLIERS EXPECTED TO BE LOW DUE TO THE PRESENCE OF SUBSTANTIAL PLAYERS
FIGURE 25 NEW ENTRANTS LESS LIKELY TO ENTER THIS MARKET OWING TO THE RETALIATION FROM ALREADY EXISTING FIRMS
FIGURE 26 STRATEGIC BENCHMARKING: KEY PLAYERS LARGELY ADOPTED ORGANIC GROWTH STRATEGIES FOR NEW PRODUCT AND TECHNOLOGY DEVELOPMENT
FIGURE 27 OPERATING PRINCIPLES OF SOLENOID VALVES
FIGURE 28 SOLENOID VALVE MARKET, BY BODY MATERIAL
FIGURE 29 BRASS BODY MATERIAL EXPECTED TO HOLD THE LARGEST SIZE OF THE SOLENOID VALVE MARKET DURING THE FORECAST PERIOD
FIGURE 30 AMERICAS EXPECTED TO HOLD THE LARGEST MARKET SIZE FOR THE STAINLESS STEEL SOLENOID BODY MATERIAL MARKET DURING THE FORECAST PERIOD
FIGURE 31 APAC EXPECTED TO GROW AT THE HIGHEST RATE IN THE BRASS SOLENOID BODY MATERIAL MARKET DURING THE FORECAST PERIOD
FIGURE 32 APAC EXPECTED TO GROW AT THE HIGHEST RATE IN THE BRASS SOLENOID BODY MATERIAL MARKET DURING THE FORECAST PERIOD
FIGURE 33 REST OF THE WORLD EXPECTED TO WITNESS THE HIGHEST GROWTH RATE FOR PLASTIC SOLENOID VALVES MARKET DURING THE FORECAST PERIOD
FIGURE 34 SOLENOID VALVE MARKET, BY VALVE DESIGN TYPE
FIGURE 35 2-WAY SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD
FIGURE 36 CHEMICAL & PETROCHEMICAL INDUSTRY EXPECTED TO HOLD THE LARGEST SIZE OF THE 2-WAY SOLENOID VALVE DESIGN BETWEEN 2016 AND 2022
FIGURE 37 WATER & WASTEWATER INDUSTRY EXPECTED TO GROW AT THE HIGHEST RATE IN THE 3-WAY SOLENOID VALVE DESIGN MARKET DURING THE FORECAST PERIOD
FIGURE 38 OIL & GAS INDUSTRY EXPECTED TO HOLD THE LARGEST SIZE IN THE 4-WAY SOLENOID DESIGN VALVES MARKET BETWEEN 2016 AND 2022
FIGURE 39 FOOD & BEVERAGES INDUSTRY EXPECTED TO HOLD THE LARGEST SIZE IN THE 5-WAY SOLENOID DESIGN VALVES MARKET DURING THE FORECAST PERIOD
FIGURE 40 SOLENOID VALVE MARKET: BY INDUSTRY
FIGURE 41 SOLENOID VALVE MARKET FOR THE CHEMICAL & PETROCHEMICAL INDUSTRY IS EXPECTED TO HOLD THE LARGEST MARKET SIZE DURING THE FORECAST PERIOD
FIGURE 42 AMERICAS EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE OIL & GAS INDUSTRY DURING THE FORECAST PERIOD
FIGURE 43 2-WAY SOLENOID VALVES ARE EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE OIL & GAS INDUSTRY DURING THE FORECAST PERIOD
FIGURE 44 ROW REGION EXPECTED TO GROW AT THE HIGHEST RATE IN THE CHEMICAL & PETROCHEMICAL INDUSTRY BETWEEN 2016 AND 2022
FIGURE 45 3-WAY SOLENOID VALVES ARE EXPECTED TO GROW AT THE HIGHEST RATE IN THE CHEMICAL & PETROCHEMICAL INDUSTRY DURING THE FORECAST PERIOD
FIGURE 46 MARKET IN APAC EXPECTED TO GROW AT THE HIGHEST RATE IN THE WATER & WASTEWATER INDUSTRY DURING THE FORECAST PERIOD
FIGURE 47 2-WAY SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE WATER & WASTEWATER INDUSTRY BETWEEN 2016 AND 2022
FIGURE 48 AMERICAS EXPECTED TO HOLD THE LARGEST MARKET IN THE FOOD & BEVERAGES INDUSTRY DURING THE FORECAST PERIOD
FIGURE 49 3-WAY SOLENOID VALVES ARE EXPECTED TO WITNESS THE HIGHEST GROWTH IN THE FOOD & BEVERAGES INDUSTRY BETWEEN 2016 AND 2022
FIGURE 50 APAC REGION EXPECTED TO GROW AT THE HIGHEST RATE IN THE POWER GENERATION INDUSTRY DURING THE FORECAST PERIOD
FIGURE 51 SOLENOID VALVE MARKET FOR THE CHEMICAL & PETROCHEMICAL INDUSTRY IS EXPECTED TO HOLD THE LARGEST SIZE DURING THE FORECAST PERIOD
FIGURE 52 MARKET IN APAC REGION EXPECTED TO WITNESS THE HIGHEST GROWTH RATE IN THE PHARMACEUTICAL INDUSTRY BETWEEN 2016 AND 2022
FIGURE 53 3-WAY SOLENOID VALVES ARE EXPECTED TO GROW AT A HIGHEST CAGR IN THE PHARMACEUTICALS INDUSTRY DURING THE FORECAST PERIOD
FIGURE 54 EUROPE EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE AUTOMOTIVE INDUSTRY BETWEEN 2016 AND 2022
FIGURE 55 2-WAY SOLENOID VALVES ARE EXPECTED TO HOLD THE LARGEST SIZE IN THE AUTOMOTIVE INDUSTRY BETWEEN 2016 AND 2022
FIGURE 56 EUROPE EXPECTED TO HOLD THE LARGEST MARKET SIZE OF THE MEDICAL INDUSTRY DURING THE FORECAST PERIOD
FIGURE 57 2-WAY SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE MEDICAL INDUSTRY BETWEEN 2016 AND 2022
FIGURE 58 AMERICAS EXPECTED TO HOLD THE LARGEST MARKET SIZE IN THE OTHER INDUSTRIES DURING THE FORECAST PERIOD
FIGURE 59 2-WAY SOLENOID VALVES ARE EXPECTED TO HOLD THE LARGEST MARKET SIZE OF THE OTHER INDUSTRIES DURING THE FORECAST PERIOD
FIGURE 60 SOLENOID VALVE MARKET, BY REGION
FIGURE 61 AMERICAS EXPECTED TO DOMINATE THE SOLENOID VALVE MARKET DURING THE FORECAST PERIOD
FIGURE 62 AMERICAS: SOLENOID VALVE MARKET SNAPSHOT
FIGURE 63 THE SOLENOID VALVE MARKET IN THE AMERICAS
FIGURE 64 THE SOLENOID VALVE MARKET IN THE U.S. EXPECTED TO HOLD THE LARGEST SIZE DURING THE FORECAST PERIOD
FIGURE 65 WATER & WASTEWATER INDUSTRY EXPECTED TO DOMINATE THE SOLENOID VALVE MARKET IN THE AMERICAS BETWEEN 2016 AND 2022
FIGURE 66 BRASS SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET IN THE SOLENOID VALVE MARKET IN THE AMERICAS DURING THE FORECAST PERIOD
FIGURE 67 EUROPE: SOLENOID VALVE MARKET SNAPSHOT
FIGURE 68 THE SOLENOID VALVE MARKET IN EUROPE
FIGURE 69 GERMANY EXPECTED TO HOLD THE MAJOR MARKET FOR SOLENOID VALVES IN EUROPE BETWEEN 2016 AND 2022
FIGURE 70 AUTOMOTIVE INDUSTRY EXPECTED TO HOLD THE MAJOR MARKET FOR SOLENOID VALVES IN EUROPE BETWEEN 2016 AND 2022
FIGURE 71 BRASS SOLENOID VALVES EXPECTED TO HOLD THE MAJOR MARKET FOR SOLENOID VALVES IN EUROPE BETWEEN 2016 AND 2022
FIGURE 72 APAC: SOLENOID VALVE MARKET SNAPSHOT
FIGURE 73 THE SOLENOID VALVE MARKET IN ASIA-PACIFIC
FIGURE 74 INDIA EXPECTED TO WITNESS THE HIGHEST GROWTH RATE IN THE SOLENOID VALVE MARKET IN THE APAC REGION BETWEEN 2016 AND 2022
FIGURE 75 WATER & WASTEWATER INDUSTRY EXPECTED TO WITNESS THE HIGHEST GROWTH RATE IN THE SOLENOID VALVE MARKET IN THE APAC REGION BETWEEN 2016 AND 2022
FIGURE 76 BRASS SOLENOID VALVES EXPECTED TO HOLD THE LARGEST MARKET OF THE SOLENOID VALVE MARKET IN APAC BETWEEN 2016 AND 2022
FIGURE 77 THE SOLENOID VALVE MARKETS IN THE ROW
FIGURE 78 MIDDLE EAST TO HOLD THE LARGEST MARKET FOR SOLENOID VALVES IN ROW DURING THE FORECAST PERIOD
FIGURE 79 MIDDLE EAST TO HOLD THE LARGEST MARKET FOR SOLENOID VALVES IN ROW DURING THE FORECAST PERIOD
FIGURE 80 ALUMINUM SOLENOID VALVES EXPECTED TO GROW AT THE HIGHEST RATE IN THE SOLENOID VALVES MARKET IN ROW DURING THE FORECAST PERIOD
FIGURE 81 KEY GROWTH STRATEGIES ADOPTED BY THE TOP COMPANIES BETWEEN 2013 AND 2015
FIGURE 82 MARKET EVALUATION FRAMEWORK: NEW PRODUCT LAUNCHES FUELLED THE GROWTH AND INNOVATION BETWEEN 2013 AND 2015
FIGURE 83 BATTLE FOR MARKET SHARE: NEW PRODUCT LAUNCHES WAS THE KEY STRATEGY
FIGURE 84 GEOGRAPHIC REVENUE MIX OF MAJOR PLAYERS IN THE SOLENOID VALVE MARKET
FIGURE 85 ASCO VALVE, INC.: SWOT ANALYSIS
FIGURE 86 CHRISTIAN B?RKERT GMBH & CO. KG: SWOT ANALYSIS
FIGURE 87 CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT
FIGURE 88 DANFOSS A/S: COMPANY SNAPSHOT
FIGURE 89 DANFOSS A/S: SWOT ANALYSIS
FIGURE 90 IMI PLC: COMPANY SNAPSHOT
FIGURE 91 IMI PLC: SWOT ANALYSIS
FIGURE 92 PARKER HANNIFIN CORPORATION: COMPANY SNAPSHOT
FIGURE 93 PARKER HANNIFIN CORPORATION: SWOT ANALYSIS
FIGURE 94 SMC CORPORATION: COMPANY SNAPSHOT
