Solenoid Valves Market Share

Statistics for the 2023 & 2024 Solenoid Valves market share, created by Mordor Intelligence™ Industry Reports. Solenoid Valves share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

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Market Share of Solenoid Valves Industry

The Solenoid Valves Market is highly competitive. In the current market scenario, there is a considerable consolidation among top players in the market. Acquisitions, such as ABB of General Electric Industrial Systems and by Emerson Electric Co. of Aventics have helped a number of vendors to improve their market share as suppliers of solenoid valves and other industrial automation solutions.

In November 2023, Kendrion presents new pressure regulators and new pinch valve at COMPAMED 2023,both high-flow pressure regulator, which is designed for particularly high flow rates with low pressure losses, and the other is a new version of the compact and proven 50.806 pressure regulator family. Both products are designed in accordance to DIN EN ISO 18562, the standard for assessing the biocompatibility of the respiratory tract in medical applications.

In November 2023, Emerson has introduced the new ASCO Series solenoid valve. The valve features a directacting, high flow design that provides an advantage over similar valves in terms of the ratio of flowing volts to power. In order to allow high flows at minimum power levels, the Series 327C design features a balanced poppet structure, making it suitable for use in refineries, power plants and chemical processing plants.

Solenoid Valves Market Leaders

  1. IMI Precision Engineering

  2. Danfoss Industries Ltd

  3. Curtiss Wright Corporation

  4. Emerson Electric Co.

  5. Parker Hannifin Corporation

*Disclaimer: Major Players sorted in no particular order

Solenoid Valves Market Concentration

Solenoid Valve Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)