Solenoid Valve Market Manufacturers
                     Market Highlights 
Market Research Future (MRFR) expects the global solenoid valves market to reach an approx. 
valuation of USD 4.6 Billion by 2027. The market is also believed to hold the potential of achieving a 
growth rate of 3.3% between 2016 and 2027, which is the forecast period.  
Primary Drivers and Key Restraints  
Solenoid valve refers to a device that makes use of a solenoid to manage valve activation. Solenoid 
valve involves an electric current passing through a solenoid. These valves are also known as 
electromechanically operated valve that is used to control gas or liquid flow. Solenoid valves find 
widespread use in fluidics, acting as control elements. These conduct various tasks like shut-off, 
release, distribute, or mix fluids. Besides, solenoid valves offer a host of advantages including fast 
and safe switching, high reliability, longer service life, low control power as well as compact design. 
The worldwide market for solenoid valve has been evolving steadily over the years and can note 
substantial growth in the coming years as well. The said evolution in the solenoid valve market has 
led to emergence of new and more advanced technologies. The market growth is induced by the 
rising applications of solenoid valves in several industrial sectors, their low price along with a 
tendency to consume less power. In addition, introduction of solenoid valves like customized 
valves, pinch valves and micro-miniature valves has also favored the global solenoid valve market 
to a great extent. 
Furthermore, to make hotel rooms safer, solenoid valves are now being used to lock doors. Solenoid 
valves are fitted within the locking mechanism of the doors and the door is locked, these valves do 
not take up power from the battery. However, when the door opens, the room lights automatically 
turn on. This has provided a significant boost to the market demand, as this technology is now 
spreading over to other areas, wherein security plays a major role, like remote access systems, 
parking areas, vending machines, and others. 
Segmentation: 
The global market for solenoid valve has been extensively analyzed, with respect to primary 
segments like type, body material, operating type and end user.  
Depending on the type, the market segments are 2 way, 3 way, 4 way, 5 way and others. The 2 way 
segment forms the biggest market for solenoid valves and has the capacity to attain a decent 
growth rate of roughly 3.7% during the appraisal period.  
Given the body material segment, the market covers stainless steel, brass body, plastic body, 
aluminum body, and others. Brass body has been identified as the largest segment in the market, 
with the most potential to achieve a CAGR of 3.30% by the end of the conjectured timeframe. 
Various operating types covered in the MRFR report are direct, indirect, semi-direct and others.  
The end-user-based segments in the market are oil & gas, chemical & petrochemical, waste & 
wastewater, food & beverages, automotive, power generation, medical, pharmaceuticals, and 
others. Between these, the chemical & Petrochemical segment leads the market and can grow at the 
rate of approximately 4.13% during the review period. 
Competitive Analysis: 
Curtiss-Wright Corporation (U.S.), Asco Valve, Inc. (U.S.), Parker Hannifin Corporation (U.S.), IMI 
PLC (England), GF Piping Systems (Switzerland), SMC Corporation (Japan),Danfoss A/S (Denmark), 
OMEGA Engineering (U.S.), Christian Bürkert GmbH & Co. Kg (Germany), GSR Ventiltechnik GmbH & 
Co. KG (Germany) are some of the solenoid valve market manufacturers.