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Global Solenoids Market Size, Trends & Analysis - Forecasts To 2026 By Application (Latching, 0n-off Solenoids, Proportional solenoids), By End User (Automotive, Medical, Industrial), By Type (AC laminated solenoid, DC C-frame solenoid, DC D-frame solenoid, Linear solenoid, Rotary solenoid), By Region (North America, Europe, Asia Pacific, Central & South America, Middle East & Africa); Vendor Landscape, and Company Market Share & Competitor Analysis Solenoids Market Insights
The global solenoids market was estimated to generate revenue of USD 56,199.63 million by 2026, growing at a CAGR of 4.77% from 2018-2026. Increasing adoption of solenoid in automotive, oil & gas, chemical, and food & beverages industry is projected to boost the market growth over the coming years. Also, growing demand for wastewater treatment is projected to breathe in new opportunities in the overall solenoids market. )2k GME GLOBAL MARKET SCENARIO Fastest Growing Segment Region 2016 2017 2018 2019 2026 CAGR North ,---- --- □ North A/nar-ca □ l*i- Amaetta □ At. a Pacific □ Mddia East t Africa Country □ lA»i«ad Scat** □ Lv-sad Krnfdom □ China □ feasc □ of North Amanca □ Ran of Ew'opa □ Ran of L«ii* *<—#♦* ea □ Ran of toa Pacific k| I Market Revenue Segmer* 2016 2017 2018 2019 2026 2015 2016 2017 20 a Request a free sample copy of this report @ https://www.globalmarketestimates.com/global-solenoids- market Solenoids Market: By Application On the basis of application, the solenoids market is divided into latching, 0n-off Solenoids, and proportional solenoids among others. The on-off solenoids segment acquired the highest share in 2017 due to its extensive
usage in automotive industry with a wide range of applications in electric and commercial vehicles. Solenoids Market: By End User Based on end-user industry, the solenoids market is segmented into automotive, medical, and industrial among others. The industrial segment is projected to grow at the highest CAGR from 2018-2026 owing to factors such as growing automobile and manufacturing industry, rising investment in electric vehicles and rising disposable income of the population. Solenoids Market: By Type On the basis of type, the solenoids market is segmented into AC laminated solenoid, DC C-frame solenoid, DC D-frame solenoid, linear solenoid, and rotary solenoid. The DC D-frame solenoid type is estimated to hold the largest share in terms of revenue, with the highest CAGR. The segmental growth is likely to be influenced by the increased application of these solenoids in industrial application. The segment is likely to be trailed by rotary solenoid in terms of value, due to its huge application in electronics and industrial applications. Solenoids Market: Regional Insights The increasing need for automation across industries is expected to boost the demand for solenoids over the forecast period. India, China, Japan and other countries are expected to experience high industrial growth and technological adoption in the solenoids market. North America is expected to occupy highest share in the overall solenoid market followed by Europe on account of invest huge investments made in the development of advanced and automated systems to increase efficiency and accuracy. Solenoids Market: End-Use Landscape The end-use landscape entails a list of current and prospective consumers prevailing across the regions. This section provides company addresses, contact details, products, and regional presence of companies who are purchasing or are likely to purchase Solenoids over the coming years. Some companies which are currently using Solenoids and are likely to purchase it in future such as Mitsubishi, Ford and JM Family Enterprises among others.
Solenoids Market: Vendor Landscape The report contains a chapter dedicated to vendors operating in the market, covering raw material manufactures, equipment developers, manufacturers, and distributors. The report provides these insights on a regional level. This section of the report entails contact details, experience, products manufactured/supplied, and geographical presence of companies. Solenoids Market: Share & Competitor Analysis Some of the key players operating in the solenoids market are Borgwarner, TLX Technologies, Aptiv PLC, Infineon Technologies, Robert Bosch GmbH, Hitachi,Johnson Electric Group, and Mitsubishi Electric among others. In May 2018, Infineon Technologies announced to setup a new development center for automotive electronics in Dresden. In October 2017, Infineon collaborated with Smart Wires to upgrade their existing grids for renewables. Browse this report @ https://www.globalmarketestimates.com/global-solenoids- market