The Solenoid Valves market is expected to grow at a CAGR of 5% over the forecast period from 2021 to 2026. Several regions, such as North America, Europe and Asia Pacific, have witnessed significant increases in sustainable energy projects and water treatment initiatives. In the case of water treatment, desalination activities are becoming increasingly popular in municipal and industrial sectors, which is creating significant demand for automation in the sector.
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List of Key Companies
Asco Valve, Inc. (U.S.), Curtiss-Wright Corporation (U.S.), Parker Hannifin Corporation (U.S.), G.F. Piping Systems (Switzerland), IMI PLC (England), SMC Corporation (Japan), OMEGA Engineering (U.S.), Danfoss A/S (Denmark), Christian Bürkert GmbH & Co. Kg (Germany), Rotex Controls B.V. (Netherlands), GSR Ventiltechnik GmbH & Co. K.G. (Germany), The Lee Company (U.S.), Aira Euro Automation Pvt. Ltd (India), Cole-Parmer Instrument Company LLC (U.S.), Hansen Technologies (U.S.), and Cla-Val (U.S.) are some of the affluent contenders holding sizeable solenoid valves market share.
Solenoid Valve Market Segmentation-
By Type
• 2 Way
• 3 Way
• 4 Way
• 5 Way
By Body Material
• Brass Body
• Stainless Steel
• Aluminum Body
• Plastic Body
• Others
By Operating Type
• Direct
• Semi-Direct
• Indirect
By End-User
• Chemical & Petrochemical
• Oil & Gas
• Food & Beverages
• Waste & Wastewater
• Power Generation
• Automotive
• Pharmaceuticals
• Medical
• Others
Segment by Region
North America
• United States
• Canada
Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
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