Automotive Solenoid Market- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025
A solenoid is a coil that is wrapped around a firmly packed helix. In physical science, solenoid is a coil, the length of which is considerably larger than its diameter, wrapped round a metallic core that generates an even magnetic field in space when electric current passes through the solenoid. An automobile solenoid may be used for a variety of purposes including car start and automatic transmission. A solenoid in cars is a vital part of the starter and it works as a kind of liaison for electricity to reach thestarter from the battery. As the production of vehicles are increasing at a steady rate, so is the demand for solenoid. According to OICA, 94,976,569 cars were produced in 2016, a 4.6% rise from the 2015 figures of 90,780,583 cars. Therefore, the automotive solenoid market is likely to gain traction in the coming years owing to the increasing demand for cars. Another factor that is likely to gain momentum is the use of solenoid in the automatic transmission of cars. Contemporary automatic transmission cars use a hydraulic fluid under pressure in order to change gears. Each time a gear is changed, the car’s computer system activates a solenoid (transmission), which then directs the transmission fluid into the body of the valve in order to employ the right gear. As the need for automatic transmission is increasing around the globe, the market for automotive solenoid is poised to grow at a considerable rate as well. Obtain Report Details @ http://www.transparencymarketresearch.com/automotive-solenoid-market.html The global automotive solenoid market is segmented on the basis of function, vehicle type, application, and geography. By function, the market is segregated into fluid control, gas control, and motion control. The motion control segment in the global automotive solenoid market owing to the growing prevalence of automation of body control applications in a vehicle. In terms of vehicle type, the market can be divided into passenger vehicles, commercial vehicles, and electric vehicles. The passenger vehicles segment accounted for the maximum market share of the market in 2016 owing to high number of passenger vehicles and in every vehicle, automotive