The global solenoid valves market to grow at a CAGR of 3.63% during the period 2017-2021.
The report, Global Solenoid Valves Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
One trend in the market is use of miniature solenoid valves. Miniature solenoid valves are used in the food and beverage, pharmaceuticals, and other end-user industries. Due to the reduced size of the valves, their use is higher in the food and beverage industry.
According to the report, one driver in the market is declining prices of solenoid valves. The global solenoid valves market is highly fragmented with many vendors offering a variety of products. The entry of many Asian manufacturers into the solenoid valves markets is intensifying the competition and compelling the prominent vendors to reduce their product prices in order to retain their market share.
- Omega Engineering
- Parker Hannifin
Other prominent vendors
- Avcon Controls
- Bürkert Contromatic
- Ningbo Kailing Pneumatic
- Rotex Automation
- SMC Corporation
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by product type
PART 07: Market segmentation by end-user
PART 08: Geographical segmentation
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
For more information about this report visit http://www.researchandmarkets.com/research/4vnrls/global_solenoid