Global Solenoid Valves Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Two-Way , Three-Way and Four-Way.

By Material;

Stainless Steel, Brass, Aluminum, and Plastic.

By End Use;

Chemicals , Water and Waste Water Management , Oil and Gas , Power Generation and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn834933403 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Solenoid Valves Market (USD Million), 2021 - 2031

In the year 2024, the Global Solenoid Valves Market was valued at USD 4,443.92 million. The size of this market is expected to increase to USD 5,808.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.9%.

The Global Solenoid Valves Market is a dynamic sector characterized by robust growth and innovation. Solenoid valves, which control the flow of fluids and gases using an electromagnetic solenoid, have become integral to various industrial applications. The market's expansion is driven by the increasing adoption of automation technologies in sectors such as manufacturing, automotive, and healthcare. As industries strive for higher efficiency and precision, the demand for solenoid valves that offer reliable and quick response times is growing.

Technological advancements are also shaping the solenoid valves market. Innovations in materials and designs have led to the development of solenoid valves that are more durable, energy-efficient, and capable of handling diverse operating conditions. For instance, the introduction of smart solenoid valves with integrated sensors and communication capabilities is enhancing their functionality and usability in complex systems. This trend towards smarter and more adaptable solutions is expected to fuel market growth further, as industries seek to improve process control and data collection.

The solenoid valves market exhibits a broad reach, with significant growth opportunities across different regions. Emerging markets in Asia-Pacific, driven by rapid industrialization and urbanization, are contributing notably to the global demand. Additionally, the rising focus on infrastructure development and industrial upgrades in regions such as North America and Europe continues to bolster market expansion. As a result, the global solenoid valves market is poised for sustained growth, supported by technological advancements and increasing industrial applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Material

    3. Market Snapshot, By End Use
    4. Market Snapshot, By Region
  4. Global Solenoid Valves Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation Growth
        2. Industrial Expansion
        3. Technological Advancements
      2. Restraints
        1. High Costs
        2. Maintenance Complexity
        3. Market Saturation
      3. Opportunities
        1. Automation Integration
        2. Smart Technology
        3. Energy Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Solenoid Valves Market, By Product, 2021 - 2031 (USD Million)
      1. Two-Way
      2. Three-Way
      3. Four-Way
    2. Global Solenoid Valves Market, By Material, 2021 - 2031 (USD Million)
      1. Stainless Steel
      2. Brass
      3. Aluminum
      4. Plastic
    3. Global Solenoid Valves Market, By End Use, 2021 - 2031 (USD Million)
      1. Chemicals
      2. Water and Waste Water Management
      3. Oil and Gas
      4. Power Generation
      5. Other
    4. Global Solenoid Valves Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Airtac
      2. ASCO Valve Inc.
      3. Danfoss Industries Limited
      4. Curtiss-Wright Corporation
      5. IMI Precision Engineering
      6. Emerson Electric Co.
      7. Juliang Valve
      8. Parker Hannifin Corporation
      9. Zhejiang Yongjiu
      10. SMC Corporation
  7. Analyst Views
  8. Future Outlook of the Market