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    Solenoid valve Market

    ID: MRFR/IA - E/0362-CR
    131 Pages
    Aarti Dhapte
    October 2022

    Solenoid Valve Market Research Report Information By Type (Direct-acting Valves and Pilot-operating Valves), By Function (2-Way, 3-Way, 4-Way, and 5-Way), By Industry (Oil & Gas, Chemical & Petrochemical, Power Generation, Pharmaceutical, Automotive, Medical, and Others) And By Region (North America, Europe, Asia-Pacific, And Rest Of The World) –Market Forecast Till 2035

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    Solenoid valve Market Infographic
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    Solenoid valve Market Summary

    As per Market Research Future Analysis, the Global Solenoid Valve Market was valued at USD 5175.20 Billion in 2024 and is projected to grow to USD 7900.03 Billion by 2035, with a CAGR of 3.92% from 2025 to 2035. The market is driven by increased adoption across various industries, particularly in food processing and wastewater treatment, due to their efficiency and sustainability features. Direct-acting valves dominate the market, while the chemical and petrochemical sectors lead in application usage. North America holds the largest market share, followed by Europe and Asia-Pacific, with significant growth expected in Europe due to rising demand in food and medical sectors.

    Key Market Trends & Highlights

    Key trends driving the Solenoid Valve market include technological advancements and sector-specific applications.

    • Market Size in 2024: USD 5175.20 Billion
    • Projected Market Size by 2035: USD 7900.03 Billion
    • CAGR from 2025 to 2035: 3.92%
    • North America holds the largest market share due to advanced fluid automation technologies.

    Market Size & Forecast

    2024 Market Size USD 5175.20 Billion
    2035 Market Size USD 7900.03 Billion
    CAGR (2024-2035) 3.92%

    Major Players

    Key players include CKD Corporation, Emerson Electric Corporation, Kendrion, GF Piping, IMI Precision Engineering, Danfoss Industries Ltd., Curtiss Wright Corporation, Parker Hannifin Corporation, ASCO Valves Inc., Rotex Automation, SMC Corporation, and The Lee Company.

    Solenoid valve Market Trends

    Growing adoption in different sectors of industry is driving market growth.

    Market CAGR for solenoid valves is being driven by the rising adoption of solenoids in different sectors of industry. The solenoid is the most frequently used valve in the food processing market. The increasing requirement in the wastewater treatment industries is driving the expansion of the solenoid valves market. The research and development activities and technological advancement will boost the market growth. The poor consumption of power and lower prices are some of the features of the solenoid valves, making them a sustainable option.

    The solenoid valves are widely used in the food industry as they are built to tolerate wet, corrosive environments and extreme room temperatures and are made of stainless steel materials as these are contaminant resistant. Therefore, solenoid valves are the perfect option for food processing. The meat and abattoir industries, salting systems, fish canneries, ready meal manufacturing, and fruit and vegetable canneries uses steel solenoid valves. Salmon packing lines, pasteurized systems, and fish fillet preparation systems make use of high-pressure solenoid valves.

    The solenoid valve has a mechanism that permits it to turn on and off, dose, release, mix fluids, or distribute. In order to handle the flow and direction of fluids, solenoid valves are employed and are also required in the activity that needs batch control, like canneries and bottling facilities. The pneumatic and hydraulic valve systems, controlling cylinders, fluid power motors, and flush systems are powered by solenoid valves that control and power bigger industrial valves.

    In wastewater treatment, the solenoid valves help in removing organic contaminants from the polluted water and for many other additional purposes. The wastewater treatment industry makes use of valves made out of plastics, brass, and stainless steel, which can be utilized to fill the tank, pilot larger actuated valves with air or water, for service valves in water softeners, and many other different purposes. Thus the material of solenoid valves used depends on the need of application and the working environment. Thus, driving the Solenoid Valve market revenue.

    The ongoing advancements in automation and control technologies are driving the demand for solenoid valves across various industries, reflecting a broader trend towards increased efficiency and precision in fluid control systems.

    U.S. Department of Energy

    Solenoid valve Market Drivers

    Market Growth Projections

    The Global Solenoid Valve Market Industry is projected to experience substantial growth over the coming years. With a market value expected to reach 5175.2 USD Billion in 2024 and 7870.1 USD Billion by 2035, the industry is poised for a robust expansion. The compound annual growth rate of 3.88% from 2025 to 2035 indicates a steady increase in demand, driven by various factors such as automation, technological advancements, and the need for energy efficiency. These projections highlight the significant potential for growth within the solenoid valve market, reflecting the evolving needs of various industries.

    Rising Automation in Industries

    The increasing trend towards automation across various industries is a primary driver for the Global Solenoid Valve Market Industry. As manufacturing processes become more automated, the demand for solenoid valves, which are essential for controlling fluid flow in automated systems, is expected to rise. Industries such as automotive, food and beverage, and pharmaceuticals are increasingly adopting automated solutions, thereby enhancing operational efficiency. This shift is projected to contribute significantly to the market's growth, with the Global Solenoid Valve Market expected to reach 5175.2 USD Billion in 2024, reflecting the growing reliance on automated technologies.

    Expanding Applications in HVAC Systems

    The expanding applications of solenoid valves in heating, ventilation, and air conditioning (HVAC) systems serve as a crucial driver for the Global Solenoid Valve Market Industry. These valves play a vital role in regulating the flow of refrigerants and controlling temperature settings in HVAC systems. As urbanization continues to rise globally, the demand for efficient HVAC solutions is likely to increase, thereby driving the need for solenoid valves. This trend is anticipated to support the market's growth trajectory, with projections indicating a market value of 7870.1 USD Billion by 2035, highlighting the importance of solenoid valves in modern HVAC applications.

    Increasing Demand for Energy Efficiency

    The increasing demand for energy efficiency in industrial processes is a notable driver for the Global Solenoid Valve Market Industry. As companies strive to reduce energy consumption and minimize operational costs, solenoid valves are becoming essential components in energy-efficient systems. These valves help optimize fluid flow, thereby enhancing the overall efficiency of machinery and processes. With the global push towards sustainability and energy conservation, the market for solenoid valves is anticipated to grow, aligning with the broader trend of energy efficiency across industries.

    Growth in Water and Wastewater Management

    The growth in water and wastewater management initiatives globally is a significant driver for the Global Solenoid Valve Market Industry. Governments and organizations are increasingly investing in infrastructure to improve water quality and manage wastewater effectively. Solenoid valves are integral to these systems, facilitating precise control over water flow and treatment processes. As environmental regulations become stricter, the demand for efficient water management solutions is expected to rise, further propelling the market. This trend underscores the importance of solenoid valves in sustainable water management practices, contributing to the overall market expansion.

    Technological Advancements in Valve Design

    Technological advancements in solenoid valve design and manufacturing are likely to enhance the Global Solenoid Valve Market Industry. Innovations such as the development of smart solenoid valves equipped with IoT capabilities enable real-time monitoring and control, improving operational efficiency. These advancements not only increase the reliability of solenoid valves but also expand their applications across various sectors, including industrial automation and smart home systems. As industries continue to adopt these advanced solutions, the market is expected to witness a compound annual growth rate of 3.88% from 2025 to 2035, reflecting the growing integration of technology in safety valve systems.

    Market Segment Insights

    Solenoid Valve Function Insights

    The Solenoid Valve market segmentation, based on function, includes 2-way, 3-way, 4-way, and 5-way. The 2-way segment dominates the market, accounting for the largest share because of their properties, like strong corrosion resistance and aesthetic appearance. The inlet and outlet are the two parts of the 2-way solenoid valves; it is utilized to open or close the office.

    Solenoid Valve Application Insights

    The Solenoid Valve market segmentation, based on application, includes oil & gas, chemical & petrochemical, power generation, pharmaceutical, automotive, medical, and others. The chemical & photochemical category dominates the market as the solenoid valves play an important role in controlling gases, liquids, steam, or chemical compounds by controlling the flow level and pressure and distributing the energy of pressure differentials to maintain the integrity of the process in the chemical and petrochemical industry.

    Get more detailed insights about Solenoid Valve Market Research Report—Global Forecast till 2032

    Regional Insights

    By region, the study provides market insights into North America, Europe, Asia-Pacific, and the Rest of the World. The North American Solenoid Valves market dominates the market because of the increasing adoption of advanced fluid automation technologies and the rising applications in industries like oil & gas, chemical, food & beverages, and water treatment. The manufacturing facilities of end-user industries are upgrading to update various production processes to reduce the workforce and increase efficiency.

    Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

    Figure 2: SOLENOID VALVE MARKET SHARE BY REGION 2022 (USD Billion)

    SOLENOID VALVE MARKET SHARE BY REGION 2022

    Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

    Europe's Solenoid Valve market is expected to grow at the fastest CAGR from 2023 to 2032. This is owing to the rising demand for food & beverage and medical ushered by the strict rules and regulations. Further, the UK Solenoid Valve market held the largest market share, and the German Solenoid Valve market was the rapid-growing market in the European region.

    The Asia-Pacific Solenoid Valve Market accounts for the second-largest market share because of the notable increasing demand for solenoid valves and the opportunities offered by the different end-use industries. Moreover, China’s Solenoid Valve market held the largest market share, and the Indian Solenoid Valve market was the rapid-growing market in the Asia-Pacific region.

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development in order to spread their product lines, which will help the Solenoid Valve market grow even more. Market participants are also undertaking a various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, the Solenoid Valve industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Solenoid Valve industry to benefit clients and increase the market sector. In recent years, the Solenoid Valve industry has offered some of the most significant advantages to different end-use industries. Major players in the Industrial Valve, including CKD Corporation, Emerson Electric Corporation, Kendrion, GF Piping, IMI Precision Engineering, Danfoss Industries Ltd., Curtiss Wright Corporation, Parker Hannifin Corporation, ASCO Valves Inc., Rotex SAutomation, SMC Corporation, The Lee Company, and others, are attempting to increase market demand by investing in research and development operations.

    Emerson Electric Co., headquartered in Ferguson, Missouri, is an American multinational corporation. The company avails engineering services for industrial, consumer, and commercial markets and manufactures the products. The technologies and services to enhance human comfort, safeguard food, protect the environment, provide sustainable food waste disposal, and support efficient construction are developed by the commercial and residential solutions of the company. In February 2022, an integrated facility was inaugurated by Emerson at Mahindra World City in Chennai. The manufacturing was integrated under one roof to strengthen the production synergies for some of its important products.

    The fluid control and pneumatic products like solenoid valves, air preparation units, cylinders, pneumatic valves and manifolds, position monitoring, and high-pressure regulators will be manufactured by the facility for the field-proven brand AVENTICS, ASCO, TopWorx, and TESCOM fields of Emerson.

    Founded in May 2005, Kendrion Suzhou is specialized in electromagnetic components: solenoids, brakes, and clutches for automotive and industrial sectors. The company manufactures and provides highly innovative and technologically sophisticated products: controllers and actuators. In October 2022, a New bistable solenoid valve 63.0 at COMPAMED 2022 was presented by Kendrion. This valve controls the flow rate with great precision and speed. It is kept de-energized by the integrated permanent magnet in the open or closed state without the coil being permanently energized.

    The valve is available in the 2/2 or 3/2-way version and can be adapted to reach the specific requirement. A lead wire or connector version for PCB interfacing, and common sealing materials like NBR, EPDM, or FPM is also available.

    Key Companies in the Solenoid valve Market market include

    Industry Developments

    June 2022: A direct-acting 2,3-port solenoid valve was launched by the CKD Corporation; these valves are multi-fit valves for multi-fluid control. Ease of use and high reliability required by the market is the concept for these series. This new series will help in carbon neutralizing by minimizing the waste with longer service life and CO2 emission via power savings.

    April 2022: ASCO Series 090 line of miniature solenoid valves was launched by Emerson. This added a three-way Series 090 valve configuration to provide more space-efficient and lighter solutions for gas control in oxygen therapy, gas analyzer devices, and compression therapy.

    February 2021: OFUI pressure regulating valve was introduced by GF Piping system for easy water management. It is a compact polymer valve, 9 times light in weight, and needs 40% less time to install than the standard metal PVR.

    Future Outlook

    Solenoid valve Market Future Outlook

    The Global Solenoid Valve Market is projected to grow at a 3.92% CAGR from 2025 to 2035, driven by automation, industrial expansion, and advancements in fluid control technologies.

    New opportunities lie in:

    • Invest in smart solenoid valves integrating IoT for enhanced monitoring and control. Develop eco-friendly solenoid valves to meet increasing sustainability regulations. Expand into emerging markets with tailored solutions for local industries.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving industrial needs and technological advancements.

    Market Segmentation

    Solenoid Valve Type Outlook

    • Direct-acting Valves
    • Pilot-operating Valves

    Solenoid Valve Industry Outlook

    • Oil & Gas
    • Chemical & Petrochemical
    • Power Generation
    • Pharmaceutical
    • Automotive
    • Medical
    • Others

    Solenoid Valve Regional Outlook

    • North America
    • US
    • Canada
    • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    • Rest of the World
    • Middle East
    • Africa
    • Latin America

    Solenoid Valve Application Outlook

    • 2-Way
    • 3-Way
    • 4-Way
    • 5-Way

    Report Scope

    Attribute/Metric Details
    Market Size 2024 USD 5,175.2 Billion
    Market Size 2035 7900.03 (Value (USD Billion))
    Compound Annual Growth Rate (CAGR) 3.92% (2025 - 2035)
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2018- 2022
    Market Forecast Units Value (USD Billion)
    Report Coverage Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
    Segments Covered Type, Application, Industry, and Region
    Geographies Covered North America, Europe, Asia Pacific, and the Rest of the World
    Countries Covered The US, Canada, German, France, UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
    Key Companies Profiled CKD Corporation, Emerson Electric Corporation, Kendrion, GF Piping, IMI Precision Engineering, Danfoss Industries Ltd., Curtiss Wright Corporation, Parker Hannifin Corporation, ASCO Valves Inc., Rotex SAutomation, SMC Corporation, The Lee Company 
    Key Market Opportunities Increased demand in wastewater treatment industries.
    Key Market Dynamics Increased adoption of solenoid Valves in various industries.
    Market Size 2025 5378.08 (Value (USD Billion))

    Market Highlights

    Author
    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in Market Research and Business Consulting, working under the spectrum of Information Communication Technology, Telecommunications and Semiconductor domains. Aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. Her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    FAQs

    How much is the Solenoid Valve market?

    The Solenoid Valve market size was valued at USD 4,995.4 Billion in 2023.

    What is the growth rate of the Solenoid Valve market?

    The market is foreseen to grow at a CAGR of 3.9% during the forecast period, 2024-2032.

    Which region held largest market share in the Solenoid Valve market?

    North America had largest share of the market

    Who are the key players in the Solenoid Valve market?

    The key players in the market are CKD Corporation, Emerson Electric Corporation, Kendrion, GF Piping, IMI Precision Engineering, Danfoss Industries Ltd., Curtiss Wright Corporation, Parker Hannifin Corporation, ASCO Valves Inc., Rotex SAutomation, SMC Corporation, The Lee Company.

    Which type led the Solenoid Valve market?

    The direct-acting valve category dominated the market in 2022.

    Which application had largest market share in the Solenoid Valve market?

    The 2-way application had the largest share in the market.

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