Automotive Solenoid Valve Market Size & Share, by Type (2-Way Valve, 3-Way Valve, 4-Way Valve, 5-Way Valve); Protocol (Direct Acting, Manual Reset, Pilot Operated); Function (Fluid Control, Gas Control, Motion Control); Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles); Application (Transmission System, HVAC, Body Control & Interior, Safety & Security, Fuel & Emission Control, Engine Control & Cooling) - Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5412
  • Published Date: Nov 28, 2023
  • Report Format: PDF, PPT

Global Automotive Solenoid Valve Market

  1. An Introduction to the Research Study
    1. Preface
    2. Market Taxonomy
    3. Definition of the Market and the Segments
    4. Acronyms and Assumptions
  2. The Research Procedure
    1. Sources of Data
      1. Secondary
      2. Primary
        1. Manufacturer Front
        2. End User Front
        3. Supplier/Distributor Front
    2. Calculation and Derivation of Market Size
      1. Top-down approach
      2. Bottom-up approach
  3. Recommendation by Analyst for C-Level Executives
  4. An Abstract of the Report
  5. Evaluation of Market Fluctuations and Outlook
    1. Market Growth Drivers
    2. Market Growth Deflation
    3. Market Trends
      1. End User Based
      2. Product Based
  6. Fundamental Market Prospects
    1. Strategic Competitive Opportunities
    2. Geographic Opportunities
    3. Application Centric Opportunities
  7. Decarbonization Strategy and Carbon Credit Benefits for Market Players
    1. Global Government Decarbonization Plans/Goals by Each Country under 2015 Agreement Agreed by 200 Countries
    2. Measures taken by Countries to Reduce Carbon Footprints
    3. Carbon Credits and Subsidy Plans/Benefits Rolled out by the Government for Market Players
    4. Effective Ways to Harness Carbon-Credits and Impact on Profit Margins
    5. Demand Impact on the Companies Opting for Carbon Credits
  8. Regulatory & Standards Landscape
  9. Economic Outlook: U.S., China and Europe
    1. Limitations to Japan’s Economic Recovery
    2. Uplifting Policies to Foster the Growth of the Economy
    3. Future-Outlook and Strategic Move for Sustainable Economy
  10. Technological Shift and Implementation Analysis
  11. Impact of Recession on the Global Economy
  12. Regional Demand Analysis
  13. Industry Value Chain Analysis
  14. Industry Growth Outlook
  15. Recent Technology Outlook in Automotive Solenoid Valve Market
  16. Usability Analysis
  17. Pricing Analysis
  18. Porter Five Forces Analysis
  19. PEST Analysis
  20. SWOT Analysis
  21. Product Feature Analysis
  22. Global Automotive Solenoid Valve Market Valuation, Business Viewpoint and Forecast, 2023-2036: Worldwide Factors Fostering the Industry Growth
    1. Market Summary
    2. Market Value (USD Million), Volume (Thousand Units) Current and Future Projections, 2023-2036
    3. Market Increment $ Opportunity Assessment, 2023-2036
    4. Year on Year Growth Forecast (%)
  23. Global Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
    1. 2-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    2. 3-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    3. 4-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    4. 5-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
  24. Global Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Protocol, 2023-2036
    1. Direct Acting Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Manual Reset Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Pilot Operated Market Value (USD Million) Current and Future Projections, 2023-2036
  25. Global Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Function, 2023-2036
    1. Fluid Control Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Gas Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Motion Control Market Value (USD Million) Current and Future Projections, 2023-2036
  26. Global Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
    1. Passenger Cars Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      1. Light Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      2. Heavy Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Electric Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
  27. Global Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Application, 2023-2036
    1. Engine Control & Cooling Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Fuel & Emission Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Safety & Security Market Value (USD Million) Current and Future Projections, 2023-2036
    4. Body Control & Interior Market Value (USD Million) Current and Future Projections, 2023-2036
    5. HVAC Market Value (USD Million) Current and Future Projections, 2023-2036
    6. Transmission System Market Value (USD Million) Current and Future Projections, 2023-2036
    7. Others Market Value (USD Million) Current and Future Projections, 2023-20
  28. Global Automotive Solenoid Valve Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. North America Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    2. Europe Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    3. Asia Pacific Excluding Japan Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    4. Japan Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    5. Latin America Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    6. Middle East & Africa Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
  29. Cross Analysis of Type w.r.t. Application (USD Million), 2023
  30. North America Automotive Solenoid Valve Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies
    4. Recent Trends in the Market
  31. North America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
    1. 2-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    2. 3-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    3. 4-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    4. 5-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
  32. North America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Protocol, 2023-2036
    1. Direct Acting Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Manual Reset Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Pilot Operated Market Value (USD Million) Current and Future Projections, 2023-2036
  33. North America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Function, 2023-2036
    1. Fluid Control Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Gas Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Motion Control Market Value (USD Million) Current and Future Projections, 2023-2036
  34. North America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
    1. Passenger Cars Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      1. Light Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      2. Heavy Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Electric Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
  35. North America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Application, 2023-2036
    1. Engine Control & Cooling Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Fuel & Emission Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Safety & Security Market Value (USD Million) Current and Future Projections, 2023-2036
    4. Body Control & Interior Market Value (USD Million) Current and Future Projections, 2023-2036
    5. HVAC Market Value (USD Million) Current and Future Projections, 2023-2036
    6. Transmission System Market Value (USD Million) Current and Future Projections, 2023-2036
    7. Others Market Value (USD Million) Current and Future Projections, 2023-20
  36. North America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
    1. US, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    2. Canada, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
  37. Europe Automotive Solenoid Valve Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies
    4. Recent Trends in the Market
  38. Europe Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
    1. 2-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    2. 3-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    3. 4-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    4. 5-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
  39. Europe Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Protocol, 2023-2036
    1. Direct Acting Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Manual Reset Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Pilot Operated Market Value (USD Million) Current and Future Projections, 2023-2036
  40. Europe Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Function, 2023-2036
    1. Fluid Control Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Gas Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Motion Control Market Value (USD Million) Current and Future Projections, 2023-2036
  41. Europe Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
    1. Passenger Cars Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      1. Light Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      2. Heavy Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Electric Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
  42. Europe Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Application, 2023-2036
    1. Engine Control & Cooling Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Fuel & Emission Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Safety & Security Market Value (USD Million) Current and Future Projections, 2023-2036
    4. Body Control & Interior Market Value (USD Million) Current and Future Projections, 2023-2036
    5. HVAC Market Value (USD Million) Current and Future Projections, 2023-2036
    6. Transmission System Market Value (USD Million) Current and Future Projections, 2023-2036
    7. Others Market Value (USD Million) Current and Future Projections, 2023-2036
  43. Europe Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
    1. Germany, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    2. UK, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    3. Italy, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    4. France, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    5. Spain, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    6. BENELUX, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    7. Russia, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    8. Poland, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    9. Rest of Europe, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
  44. Asia Pacific Excluding Japan (APEJ) Automotive Solenoid Valve Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies
    4. Recent Trends in the Market
  45. Asia Pacific Excluding Japan (APEJ) Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
    1. 2-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    2. 3-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    3. 4-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    4. 5-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
  46. Asia Pacific Excluding Japan (APEJ) Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Protocol, 2023-2036
    1. Direct Acting Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Manual Reset Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Pilot Operated Market Value (USD Million) Current and Future Projections, 2023-2036
  47. Asia Pacific Excluding Japan (APEJ) Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Function, 2023-2036
    1. Fluid Control Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Gas Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Motion Control Market Value (USD Million) Current and Future Projections, 2023-2036
  48. Asia Pacific Excluding Japan (APEJ) Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
    1. Passenger Cars Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      1. Light Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      2. Heavy Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Electric Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
  49. Asia Pacific Excluding Japan (APEJ) Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Application, 2023-2036
    1. Engine Control & Cooling Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Fuel & Emission Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Safety & Security Market Value (USD Million) Current and Future Projections, 2023-2036
    4. Body Control & Interior Market Value (USD Million) Current and Future Projections, 2023-2036
    5. HVAC Market Value (USD Million) Current and Future Projections, 2023-2036
    6. Transmission System Market Value (USD Million) Current and Future Projections, 2023-2036
    7. Others Market Value (USD Million) Current and Future Projections, 2023-20
  50. Asia Pacific Excluding Japan (APEJ) Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
    1. China, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    2. India, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    3. Indonesia, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2022-2Volume035
    4. South Korea, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    5. Australia, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    6. Singapore, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    7. Malaysia, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    8. New Zealand, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    9. Vietnam, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    10. Rest of Asia Pacific Excluding Japan (APEJ), Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
  51. Japan Automotive Solenoid Valve Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
      1. Leading Companies
      2. Recent Trends in the Market
  52. Japan Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
    1. 2-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    2. 3-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    3. 4-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    4. 5-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
  53. Japan Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Protocol, 2023-2036
    1. Direct Acting Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Manual Reset Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Pilot Operated Market Value (USD Million) Current and Future Projections, 2023-2036
  54. Japan Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Function, 2023-2036
    1. Fluid Control Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Gas Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Motion Control Market Value (USD Million) Current and Future Projections, 2023-2036
  55. Japan Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
    1. Passenger Cars Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      1. Light Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      2. Heavy Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Electric Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
  56. Japan Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Application, 2023-2036
    1. Engine Control & Cooling Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Fuel & Emission Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Safety & Security Market Value (USD Million) Current and Future Projections, 2023-2036
    4. Body Control & Interior Market Value (USD Million) Current and Future Projections, 2023-2036
    5. HVAC Market Value (USD Million) Current and Future Projections, 2023-2036
    6. Transmission System Market Value (USD Million) Current and Future Projections, 2023-2036
    7. Others Market Value (USD Million) Current and Future Projections, 2023-2036
  57. Latin America Automotive Solenoid Valve Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies
    4. Recent Trends in the Market
  58. Latin America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
    1. 2-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    2. 3-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    3. 4-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    4. 5-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
  59. Latin America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Protocol, 2023-2036
    1. Direct Acting Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Manual Reset Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Pilot Operated Market Value (USD Million) Current and Future Projections, 2023-2036
  60. Latin America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Function, 2023-2036
    1. Fluid Control Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Gas Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Motion Control Market Value (USD Million) Current and Future Projections, 2023-2036
  61. Latin America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
    1. Passenger Cars Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      1. Light Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      2. Heavy Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Electric Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
  62. Latin America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Application, 2023-2036
    1. Engine Control & Cooling Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Fuel & Emission Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Safety & Security Market Value (USD Million) Current and Future Projections, 2023-2036
    4. Body Control & Interior Market Value (USD Million) Current and Future Projections, 2023-2036
    5. HVAC Market Value (USD Million) Current and Future Projections, 2023-2036
    6. Transmission System Market Value (USD Million) Current and Future Projections, 2023-2036
    7. Others Market Value (USD Million) Current and Future Projections, 2023-2036
  63. Latin America Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
    1. Brazil, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    2. Mexico, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    3. Argentina, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    4. Rest of Latin America, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
  64. Middle East & Africa Automotive Solenoid Valve Market Valuation, Business Viewpoint and Forecast by Region, 2023-2036
    1. Outline of the Segment
    2. Detailed Overview
    3. Leading Companies
    4. Recent Trends in the Market
  65. Middle East & Africa Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Type, 2023-2036
    1. 2-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    2. 3-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    3. 4-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
    4. 5-Way Market Value (USD Million) Volume (Thousand Units) Current and Future Projections, 2023-2036
  66. Middle East & Africa Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Protocol, 2023-2036
    1. Direct Acting Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Manual Reset Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Pilot Operated Market Value (USD Million) Current and Future Projections, 2023-2036
  67. Middle East & Africa Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Function, 2023-2036
    1. Fluid Control Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Gas Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Motion Control Market Value (USD Million) Current and Future Projections, 2023-2036
  68. Middle East & Africa Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Vehicle Type, 2023-2036
    1. Passenger Cars Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      1. Light Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
      2. Heavy Commercial Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Electric Vehicles Market Value (USD Million) Current and Future Projections, 2023-2036
  69. Middle East & Africa Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Application, 2023-2036
    1. Engine Control & Cooling Market Value (USD Million) Current and Future Projections, 2023-2036
    2. Fuel & Emission Control Market Value (USD Million) Current and Future Projections, 2023-2036
    3. Safety & Security Market Value (USD Million) Current and Future Projections, 2023-2036
    4. Body Control & Interior Market Value (USD Million) Current and Future Projections, 2023-2036
    5. HVAC Market Value (USD Million) Current and Future Projections, 2023-2036
    6. Transmission System Market Value (USD Million) Current and Future Projections, 2023-2036
  70. Middle East & Africa (MEA) Automotive Solenoid Valve Market Valuation, Business Viewpoint, and Forecast by Country, 2023-2036
    1. Combined Gulf Countries, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    2. Israel, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    3. South Africa, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
    4. Rest of MEA, Market Value (USD Million), volume (Thousand Units) Current and Future Projections, 2023-2036
  71. Comprehensive Analysis of Leading Players in the Market
  72. Market share of Key Competitors in the Market (%), 2023
  73. Profile of the Major Vendors
    1. Mitsubishi Electric Corporation
    2. TLX Technologies
    3. Continental AG
    4. BorgWarner Inc.
    5. Aera GCS Private Limited
    6. Emerson Electric Co. Jaksa d.o.o.
    7. NINGBO BRANDO HARDWARE CO., LTD.
    8. Rotex Automation
    9. UNICK Corporation
    10. Robert Bosch GmbH
    11. Denso Corporation
    12. Delphi
    13. Other Prominent Players

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Automotive Solenoid Valve Market size is estimated to reach USD 11.85 Billion by the end of 2036, growing at a CAGR of 6.41% during the forecast period, i.e., 2024-2036. In the year 2023, the industry size of automotive solenoid valve was USD 5.31 Billion. The major factor contributing to the global increase in the use of automotive solenoids is the expansion of government programmes for fuel-efficient automobiles. For example, in March 2023, the European Union recommended the Net Zero Industry Act, which aims to meet the goals of the European Battery Alliance by having domestic producers meet nearly 90% of the EU's annual battery demand by 2030, with a paired production capacity of no less than 550 GWh. Aiming to achieve a total of 50 GWh in local manufacture, the Indian Production Linked Incentive Scheme on Advanced Chemistry Cell Battery Storage was also established in late 2021. The need for automotive solenoids rises as a result of all these measures, which increase the manufacturing of electric cars worldwide.

In addition to these, the functionality and dependability of solenoid valves are improved by the integration of sensors and electronics. Solenoid valves may now offer real-time data, enhanced control capabilities, and diagnostics thanks to this connection. Manufacturers can take advantage of this by creating novel solenoid valves that incorporate sensors and electronics.


Automotive Solenoid Valve Market
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Automotive Solenoid Valve Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

6.41%

Base Year Market Size (2023)

USD 5.31 Billion

Forecast Year Market Size (2036)

USD 11.85 Billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Automotive Solenoid Valve Market: Growth Drivers and Challenges

Market-Growth-Drivers

Growth Drivers

  • Growing Electric Vehicle Usage Fuels Market Expansion- Electric Vehicles in particular need solenoids that optimize every possible joule. Solenoids are widely used in in-vehicle systems. The technology that is most needed to decarbonize road transportation, which is responsible for about 15% of global energy-related emissions is electric automobiles. Due to improved economy, wider model availability, and longer range, sales of electric cars have increased dramatically in recent years. The IEA predicts that over 18% of new cars sold in 2023 will be electric, a sign of the growing popularity of passenger electric vehicles. The need for automotive solenoids is anticipated to rise as electric vehicles gain popularity.
  • Growth in the Market is Supported by the Automobile Industry's Growing Need for Automated Systems- Solenoids are used in the automotive industry for a number of purposes, such as gearbox shifting and engine starting. Solenoids have been utilized to secure the vehicle's doors, turn on the four-wheel drive and combustion systems, and control the airflow in the air conditioning system. In addition, solenoids regulate a large number of the vehicle's valves. Pneumatic solenoid valves are widely employed in the automotive sector as an automated system. An internal piston or actuator receives the linear motion generated by a solenoid through the use of a pneumatic control valve. Electronic liquid or gas flow control is made possible by this. Since the electromagnetic field diminishes and the valve returns to its starting position in the absence of current, pneumatic solenoid valves require a steady flow of current in order to remain open. This suggests that scenarios needing automated valve operation, quick valve response, or fail-safe systems can benefit from the use of pneumatic control valves.
  • Rise in Government Programmes Encouraging the Use of Electric Vehicles- In the upcoming year, there was a rise in government programmes aimed at promoting the production of electric vehicles, which in turn raised the demand for automotive solenoids. Electric car sales continued to break records in 2022, reaching a 14% market share, despite supply chain disruptions, unstable financial and geopolitical conditions, and higher commodity and energy prices. The rise in electric vehicle sales happened against the backdrop of a global auto industry that was losing ground global car sales in 2022 fell 3% from 2021. Sales of electric vehicles, which comprise plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs), exceeded 10 million last year, a 55% increase from 2021.

Challenges

  • Technological Failures- The issue of technological failure is one that major participants in the solenoid valves industry, particularly the direct acting solenoid valves market, frequently encounter. Its acceptance in the automobile sector has been hampered by the possibility of power outages or unequal pressure causing the direct solenoid valves to malfunction and cause serious automotive problems. The causes of malfunctions differ based on the application and kind of solenoid valve. Inadequate or excessive voltage, incorrect valve capacity, media contaminants, pressure drop, incorrect material, or even a poor installation can all be the cause.
  • Tight emission standards could prevent the market from expanding.
  • The recent decline in car production could hinder the market's expansion.


Automotive Solenoid Valve Segmentation

Vehicle Type (Passenger Cars, Commercial Vehicles, Electric Vehicles)

The passenger cars segment in the automotive solenoid valve market is expected to reach USD 6.82 billion by 2036, rising at a substantial CAGR of 5.90% between 2023 and 2036. In 2023, the segment was worth USD 3.25 billion. The market is fueled by a substantial uptake of inexpensive, and luxury automobiles. The growing number of electronic parts used in automobiles and the rising need for vehicle safety systems were the main factors driving the market. Over the course of the projection period, it is anticipated that the growing use of electrical components in the engine and gearbox compartment over the past few decades would enhance demand for automotive solenoid valves. This is particularly common in commercial vehicles, as the quantity of electronic components is increasing at a notable pace. Over 57 million passenger automobiles were produced globally in 2021.

Function (Fluid Control, Gas Control, Motion Control)

Automotive solenoid valve market from the fluid control segment was assessed at USD 2.36 billion in 2023 and is expected to have a value of USD 5.32 billion by 2036, rising at a substantial CAGR of 6.47% over the projected time frame.  The growth of the segment is because of the various applications such as moving fluids and/or particles through a pipe across a system and can be found in the manufacturing, healthcare, or automotive industries. The medium could be commercial gas, compressed air, or other materials like fuel, alkalis, acids, or steam. Solenoids for fluid control are important devices that regulate fluid flow or activate pumps to generate pressure for many uses, including steering and braking. Aside from this, the motion control market is anticipated to grow as more people choose electric automobiles.

Our in-depth analysis of the global automotive solenoid valve market includes the following segments:

          Type

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

          Protocol

  • Direct Acting
  • Manual Reset
  • Pilot Operated

         Function

  •  Fluid Control
  • Gas Control
  • Motion Control

          Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Electric Vehicles

          Application

  • Transmission System
  • HVAC
  • Body Control & Interior
  • Safety & Security
  • Fuel & Emission Control
  • Engine Control & Cooling

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Automotive Solenoid Valve Industry- Regional Synopsis

APEJ Market Forecast

The automotive solenoid valve market in APEJ is projected to be the largest with the largest revenue of USD 4.18 billion by the end of 2036 by growing at a CAGR of 6.64% over the forecast period. The market's expansion is driven by the strong presence of significant automakers like China, India, and others. For example, China continues to be the world's largest automobile market in terms of annual sales and manufacturing capacity, by 2025, it is expected to produce more than 35 million vehicles domestically.

North American Market Statistics

The North America automotive solenoid valve market is estimated to be the second-largest by developing at a CAGR of 6.54% in the given time frame. The North American market is expected to be worth USD 2.85 billion by the end of 2036, up from USD 1.26 billion in 2023. The market is expanding as a result of major OEMs investing more in vehicle production and rising car demand in North America. Furthermore, the US has one of the largest automobile markets in the world. In 2020, 14.5 million light vehicles are anticipated to be sold in the US. By 2020, foreign automakers will reportedly create 5 million cars in the US, according to Autos Drive America.  Consequently, there is a growing need for automotive solenoids due to the region's increasing vehicle sales. Additionally, North American manufacturers are investing more in the production of electric vehicles (EVs) and batteries, according to the Centre for Automotive Research.

Research Nester
Automotive Solenoid Valve Market size
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Companies Dominating the Automotive Solenoid Valve Landscape

top-features-companies
    • Mitsubishi Electric Corporation

     

    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
    • TLX Technologies
    • Continental AG
    • BorgWarner Inc.
    • Aera GCS Private Limited
    • Emerson Electric Co.
    • Jaksa d.o.o.
    • NINGBO BRANDO HARDWARE CO., LTD
    • Rotex Automation
    • UNICK Corporation
    • Robert Bosch GmbH
    • Denso Corporation
    • Delphi

In-the-news

In The News

  • February 2023: Mitsubishi Electric Corporation announced that it had acquired Scibreak AB, a Swedish company and a manufacturer of direct current circuit breakers (DCCBs). The main purpose of this acquisition is to innovate more advanced DCCB technologies for high voltage direct current systems to support the growth of renewable energy.
  • February 2022: TLX Technologies, partnered with Dana to provide electromagnetic solutions for manufacturing an advanced thermal management system for e-Drive units. The design and technology provided by TLX Technologies will help Dana to make a more advanced thermal management system. TLX’s energy-efficient on-off valves and proportional valves will be integrated into Dana’s thermal management system.

Author Credits:  Harshita Srivastava, Saima Khursheed


  • Report ID: 5412
  • Published Date: Nov 28, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Increasing electric vehicle uses, growth of automobile industry and fuel-efficient vehicle are the major factors driving the market growth.

The market size of automotive solenoid valve is anticipated to attain a CAGR of ~6.41% over the forecast period, i.e., 2024 – 2036.

The major players in the market are TLX Technologies, Continental AG, BorgWarner Inc., Aera GCS Private Limited, Emerson Electric Co., Jaksa d.o.o., NINGBO BRANDO HARDWARE CO., LTD, Rotex Automation, UNICK Corporation Robert Bosch GmbH, Denso Corporation, Delph.

The passenger cars segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the APEJ region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Automotive Solenoid Valve Market Report Scope
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