Some of the key players in Solenoid Valves Market include Parker Hannifin Corporation, Danfoss A/S, Asco Valve Inc, GSR Ventiltechnik GmbH & Co Kg, SMC Corporation, The LEE Company, Christian Bürkert GmbH & Co Kg, Rotex Controls B.V., and IMI PLC.
Gaithersburg, Maryland, United States – June 5, 2020 /MarketersMedia/ —
Some of the main factors propelling the market growth are increasing need for water treatment, advancements in manufacturing technologies, and development of cryogen refrigerant technology. However, risk of failure is the restraining factor for the growth of the market.
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A solenoid valve is an electromechanical device which works on the principle of electromagnetism. It is mainly used to control the flow of a fluid automatically. These valves are extensively used in large scale industrial plants for the automatic control of fluids.
By application, the water and waste water management segment is expected to grow at a significant market share during the forecast period due to growing support for water treatment and infrastructure by various governments across the globe.
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On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the increasing investment of solenoid valves across various industries in developing countries of the region.
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Body Materials Covered:
• Stainless Steel
• Manual Reset Valves
• Direct Acting Valves
• Pilot Operated Valves
Valve Designs Covered:
• 5-Way Solenoid Valves
• 4-Way Solenoid Valves
• 3-Way Solenoid Valves
• 2-Way Solenoid Valves
• Ethylene Propylene Diene monomer (EPDM)
• Food & Beverage
• Oil & Gas
• Chemical Industry
• Pulp and Paper
• Power Generation
• Water and Waste Water Management
• Aerospace and Defense
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments, and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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