Solenoid Valves Market Forecast (2015 - 2020)
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Solenoid Valves Market Forecast (2015 - 2020)
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Solenoid Valves Market Overview A solenoid valve is an electromechanical valve which is operated by passing electric current through a solenoid. They facilitate in control, direct and regulation of liquid and gases. Generally a solenoid can be differentiated based on their type into two port, three way and four way solenoid valve of which two port solenoid valves occupies nearly 37% of overall market due to wide range of applications combined with compatibility with other processes.
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Solenoid Valves Market Forecast (2015 - 2020)
Solenoid Valves Market Applications The most common applications of Solenoid Valves are noted to be
In fluid power pneumatic and hydraulic systems, to control cylinders, fluid power motors or larger industrial valves. Automatic Irrigation Sprinkler Systems. Domestic, Typical Washing Machines and Dishwashers. In the Paintball Industry. Lately, used in Household Water Purifiers as well. Solenoid valves can be used for a wide array of industrial applications, including
general on-off control, calibration and test stands, pilot plant control loops, process control systems, and various original equipment manufacturer applications.
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Solenoid Valves Market Forecast (2015 - 2020)
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Solenoid Valves Market Estimations The revenue generated by Solenoid Valve Market in 2014 was reported to be $4.05 Billion growing with compound annual growth rate of 3.8% through 2015 to 2020. Oil & gas, Chemical & Petrochemical and Power generation industries are the major contributors to the revenue generated this market contributing to almost 54% of the overall revenue in 2014. Geographically, North America and Europe are expected to occupy a share of more than 50% during the forecast period.
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Solenoid Valves Market Forecast (2015 - 2020)
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Market Revenue
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Solenoid Valves Market Forecast (2015 - 2020)
Solenoid Valves Market Driving Factors Constant evolution in solenoid valve market leads to the development of new
technologies. Increasing applications of solenoid valves into various industrial sectors. Decreasing/low prices of valves and lower power consumption. Development of new solenoid valves such as micro-miniature valves customized valves and pinch valves encourages the growth
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Solenoid Valves Market Forecast (2015 - 2020)
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Key Market Insights of Solenoid Valves Market Development of new technologies with improved features and performance are set to drive the market Main drivers for the Global Solenoid Valves market are: Automatic flow system, new control designs, low power consumption Demand for solenoid valves has been increased at a very high rate and it is due to change in technology Chemical Industry and Industrial products are the key industries for the development of new Industry verticals in the Global Solenoid Valves
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Solenoid Valves Market Forecast (2015 - 2020)
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Key Market Insights of Solenoid Valves Market Development of new solenoid valves such as customized valves, micro-miniature valves, pinch valves, manifolds, etc., have led to increased demand for fluid control needs Oil & gas, Chemical & Petrochemical and Power generation industries are the major contributors to the revenue generated this market contributing to almost 54% of the overall revenue in 2014. North America and Europe are estimated to occupy a share of more than 50% during 2014-2020
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Solenoid Valves Market Forecast (2015 - 2020)
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Solenoid Valves Market Report Scope Solenoid Valves Market Report contains different market aspects explored with particular focus on key market drivers, challenges, constraints and market landscape. The Global Solenoid Valves Market has been thoroughly analyzed and carefully segmented by geographic locations based on major economic and topographical regions. The report details current market potential and future market growth in this industry. The report overall contains the most detailed, in depth segmentation and analysis of the Solenoid Valves Market during the forecast period 2015-2020.
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Solenoid Valves Market Forecast (2015 - 2020)
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Solenoid Valves Market Segmentation The Solenoid Valves Market is precisely segmented into 6 types by IndustryARC based on various factors like: By Types: Two Way Solenoid Valves, Three Way Solenoid Valves Comprise Three Ports and Others. By Components: Coil / Solenoid, Plunger and Others.
By Seals: Nitrile Rubber (NBR), Fluroelastomer (FKM) and Others. By Operation: Direct Acting Valves, Pilot Operated Valves and Manual Reset Valves. By Industry: Automobile, Oil&Gas, Mining and Others. By Geography: Americas, Europe, Asia and ROW.
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Solenoid Valves Market Forecast (2015 - 2020)
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Key Market Players of Solenoid Valves Market All the top companies of the Solenoid Valve Market are carefully analyzed by the experts of IndustryARC considering attributes like of the Company Overview, Financial Overview, Business Strategies, Product Portfolios and Recent Developments. Some of the prominent competitors of this market which are studied and mentioned in the report: ASCO Valve Inc. (Emersion Electric Company) Danfoss A/S Curtiss-Wright Corporation Burkert Fluid Control Systems Kingston Valves
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Consolidation ConsolidatedMethod Model
Consolidated Model
Base BaseMethod Model
Base Model
Analytical Model
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