Automotive Solenoids Market by Application, Vehicle Type, Electric Vehicle Type, Valve Design, Function, Operation, and Region

DUBLIN, September 24, 2021 / PRNewswire / – The “Automotive Solenoid Valve Market By Application (Body & Interior Control, Engine Cooling & Control System, Safety, HVAC), Vehicle Type (PC, LCV, Truck, Bus), Type EV (BEV, PHEV, FCEV), Valve Design, Function, Operation, and Region – Global Forecast to 2026 “has been added to ResearchAndMarkets.com offer.

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The automotive solenoid valve market has been estimated at $ 4.3 billion in 2021 and should reach $ 6.2 billion by 2026, with a CAGR of 7.3%. The growth of this market is being fueled by the increasing automation of vehicles and the increase in vehicle manufacturing in emerging economies due to urbanization. The fact that solenoids are used in various automotive systems and features in every vehicle is expected to drive the market over the forecast.

However, the COVID-19 pandemic had an impact on the market in the first few months. Demand and supply for solenoids had stalled in the first months of 2020 across the world as the entire ecosystem was disrupted. However, over the next two quarters, demand increased.

Automotive Solenoid Valve Market Safety And Security Application Market Will Be The Fastest Growing Market

Solenoids are also used in safety and security applications. The ESC system can improve the control performance of a vehicle, as it minimizes the noise and vibration of the brake paddles during the transient process of high frequency brake pressure control. Simple switching solenoid valves and a master cylinder pressure sensor (MCP) are used in the ESC to minimize costs. Solenoids are also used in ABS.

Asia The Pacific market plays a very important role in the growth of the automotive solenoids market

Asia Pacific is expected to hold the largest market share in terms of value and volume, as the region is home to major automotive component suppliers such as Denso, Nidec Corporation, and Mitsubishi, among others. In addition, countries like China, Japan, South Korea, and India are considered to be major poles of automotive manufacturing, which should further stimulate the Asia Pacific automotive solenoid valve market. China is believed to dominate the Asia Pacific Automotive Solenoids market with the largest market share during the forecast period. China is the largest automobile manufacturer in the world, which is expected to be a major factor in the growth of the automotive solenoids market in the country.

What’s more, China has the potential to produce automotive components in large quantities at lower cost, giving it a competitive advantage over other countries.

Main topics covered:

1. Introduction

2 Research methodology

3 Executive summary

4 premium information
4.1 Attractive Opportunities in the Global Automotive Solenoid Valve Market
4.2 Global Automotive Solenoid Valves Market Share by Region
4.3 Automotive Solenoid Valves Market, by Vehicle Type
4.4 Automotive Solenoid Valves Market, By Electric Vehicle Type
4.5 Automotive Solenoid Valves Market, by Application
4.6 Automotive Solenoid Valves Market, by Function

5 Market overview
5.1 Presentation
5.2 Market dynamics
5.2.1 Drivers
5.2.1.2 Growing Trend of Downsizing Motors to Boost Solenoid Use
5.2.1.3 Increase in government regulations for fuel efficient vehicles
5.2.1.4 Significant efficiency of solenoid valves compared to other valves
5.2.2 Constraints
5.2.2.1 Low preference for diesel passenger cars
5.2.2.2 Decrease in vehicle production in recent years
5.2.3 Opportunities
5.2.3.1 Wide range of applications using solenoids
5.2.3.2 Growing Trend of Electric Vehicles to Increase Demand for Automotive Valves in the Long Term
5.2.4 Challenges
5.2.4.1 Technical problems associated with solenoid valves
5.2.5 Impact of market dynamics
5.3 Porter’s five forces
5.3.1 Intensity of Competitive Rivalry
5.3.2 Threat of substitutes
5.3.3 Bargaining power of buyers
5.3.4 Bargaining power of suppliers
5.3.5 Threat of new entrants
5.4 Automotive Solenoid Valve Market Ecosystem
5.5 Technological analysis
5.5.1 Smart actuators
5.5.2 Memories
5.6 Patent analysis
5.7 Price analysis
5.8 Value chain analysis
5.9 Case study
5.10 COVID-19 Health Assessment
5.11 COVID-19 Economic Assessment
5.12 Automotive solenoid valve market: impact of COVID-19
5.13 Automotive Solenoid Valve Market, Scenarios (2021-2026)
5.14 Automotive Solenoid Valve Market: Trends / Disruptions Impacting Buyers

6 Automotive Solenoids Market, By Valve Design
6.1 Presentation
6.2 2-way solenoid valves
6.3 3-way solenoid valves
6.4 4-way solenoid valves
6.5 5-way solenoid valves

7 Automotive Solenoids Market, By Application
7.1 Presentation
7.2 Automotive Solenoid Valves Market, by Application
7.2.1 Operational data
7.2.2 Assumptions
7.2.3 Research methodology
7.3 Engine control and cooling system
7.3.1 Advances such as downsizing and turbocharging in internal combustion engines to drive segmental growth
7.4 Fuel and emission control
7.4.1 Growing Focus on Fuel Efficient Vehicles to Drive Demand for Solenoids for Fuel and Emission Control
7.5 Checking the body and interiors
7.5.1 Increasing Production of Vehicles with Modern Body Control Functions to Drive Segment Growth
7.6 HVAC system
7.6.1 Advances in HVAC Systems for Better Cab Comfort Segmental Drive Growth
7.7 Safety and security
7.7.1 Increasing Number of Safety Devices in Automobiles to Drive Segment Growth
7.8 Others
7.9 Main key information

8 Automotive Solenoids Market, By Function
8.1 Presentation
8.2 Global Automotive Solenoid Valves Market, By Function
8.2.1 Operational data
8.2.2 Assumptions
8.2.3 Research methodology
8.3 Fluid control
8.3.1 Growing Demand for Fuel Efficient Vehicles to Drive Market Growth
8.4 Gas control
8.4.1 Strong HVAC Penetration and Rising Emission Standards to Support Segment Growth
8.5 Motion control
8.5.1 Increase body control functions in modern vehicles to drive segment growth
8.6 Main key information

9 Automotive Solenoids Market, By Vehicle Type
9.1 Presentation
9.1.1 Operational data
9.1.2 Assumptions
9.1.3 Research methodology
9.2 Passenger car
9.2.1 Growing Trend Of Automatic And Advanced Transmission Systems Of Body And Interior Control For Driving Market
9.3 LCV
9.3.1 Growing Demand for Light Commercial Vehicles in Last Mile Delivery to Drive Segment Growth
9.4 Truck
9.4.1 High Importance of Road Transport to Drive Demand for Truck Solenoids
9.5 Bus
9.5.1 Rapidly Growing Prevalence of Electric Buses May Hinder Segmental Growth of Ice Buses
9.6 Main key information

10 Automotive Solenoids Market, By Electric Vehicle Type
10.1 Presentation
10.2 Global Automotive Solenoid Valves Market, By Electric Vehicle Type
10.2.1 Operational data
10.2.2 Assumptions
10.2.3 Research methodology
10.3 Bev
10.3.1 Increasing vehicle range per charge is expected to stimulate demand
10.4 Phev
10.4.1 Significant acceptance of Phev in passenger cars to support segment growth
10.5 FCEV
10.5.1 Lucrative Incentives on Fcev to Support Segment Growth
10.6 Main key information

11 Automotive Solenoids Market, By Operation
11.1 Presentation
11.2 Direct order
11.3 Indirect (pilot) operated
11.4 Semi-direct operation

12 Automotive Solenoid Valves Market, By Region

13 Competitive landscape

14 company profiles
14.1 Key players
14.1.1 Borgwarner Inc.
14.1.2 Robert bosch
14.1.3 Denso Corporation
14.1.4 Zf Friedrichshafen AG
14.1.5 Mahle GmbH
14.1.6 Nidec Company
14.1.7 Johnson Electric Holdings Limited
14.1.8 Schaeffler AG
14.1.9 Rheinmetall Automobile
14.1.10 Hitachi Astemo
14.2 Other key players
14.2.1 Stoneridge Inc
14.2.2 Gkn group
14.2.3 Mitsubishi Electric Corporation
14.2.4 Transmission technologies
14.2.5 Rotex Automation
14.2.6 Gideon Automotive Industries
14.2.7 Solenoid valve systems
14.2.8 Kendrion
14.2.9 Mzw motor
14.2.10 Bicolex
14.2.11 Zonhen electrical appliances
14.2.12 Padmini Vna Mechatronics
14.2.13 Jaksa
14.2.14 Electric Emerson

15 Analyst Recommendations

16 Annex

For more information on this report, visit https://www.researchandmarkets.com/r/njcufa

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