Significant Insights of Solenoid Valves Market 2019 with Evolving Technologies, Size, Share, Growth Factors, and Forecast till 2024 | Industry Research.co

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Solenoid Valves

Solenoid Valves Market report research report 2019 represents a comprehensive study of the global market which will enable our customers to anticipate future demands and strategize executions. Market report provides emerging market drivers, challenges, opportunities for Solenoid Valves Industry. It focuses on the latest trends and recent developments of Solenoid Valves Industry. Solenoid Valves market report will help you to know each and every fact of keyword industry. Solenoid Valves market also covers growth potential, market size, demand by buyer and suppliers and forecast details.

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Market Overview:

  • The market for solenoid valves is expected to grow at CAGR of 4% over the forecast period (2019-2024). North America, Europe, and Asia-Pacific witnessed a considerable increase in sustainable energy projects and water treatment initiatives. This lead to an increase in the use of solenoid valve in these regions.
  • – In the case of water treatment, desalination activities are increasingly gaining popularity amongst municipalities and industrial sectors, which is creating considerable demand for automation in the sector.
  • – The rapidly recovering oil and gas industry is yet another driving factor to the solenoid valves market, globally. Previously withheld projects are increasingly coming into operation, increasing the demand for solenoid valves form the upstream oil and gas sector. For example, out of the seventeen deep-water projects that have been approved over the past eighteen months (as of December 2018), globally, as many as sixteen were previously in queue for construction.
  • – However, they were put on hold during the industry down-cycle, as project margins were wrecked by low oil prices and high production costs. Consider the case of BP’s Mad Dog 2. When the cost estimate hit USD 20 billion on BP’s initial Mad Dog 2 spar development, the project was held back. However, when the final investment decision (FID) was eventually reached at in 2017, the plan had been scaled back to a semi sub production unit with over fourteen wells, now costing the producers only a USD 9 billion.

    Scope of the Report:

  • Solenoid valves play a key role in the industrial automation sector. Wide product offerings, large variety of applications, and high penetration of solenoid valves in the market place keep a constant demand for these products, both in terms of replacement components and new installations. Some of the major end-user industries that keep a constant demand for solenoid valves include oil and gas, automotive, food and beverages, and the utilities sector.

    Top Key Manufacturers of Solenoid Valves Market Are:

  • IMI Precision Engineerng
  • Danfoss Industries Ltd
  • Curtiss Wright Corporation
  • Emerson Electric Co.
  • Parker Hannifin Corporation
  • AirTAC International Group
  • Anshan Solenoid Valve Co. Ltd
  • CEME SpA
  • ABB Ltd

    Price of Report: $ 4250 (SUL)

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    Solenoid Valves Market Covers Following Points in TOC:

    Chapter 1: Solenoid Valves Market Definition

    Chapter 2: Research Methodology of Solenoid Valves Market

    Chapter 3: Solenoid Valves Market Executive Summary

    Chapter 4: Solenoid Valves Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services

    Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges

    Chapter 6: Solenoid Valves Market Segmentation by Types, End-User, and Applications Forecast to 2024

    Chapter 7: Solenoid Valves Market Segmentation by Geographical Regions

    Chapter 8: Competitive Landscape of Solenoid Valves Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches

    Chapter 9: Key Players for Solenoid Valves Market

    Highlights of The Solenoid Valves Market:

    • Historical and current scenario 
    • Trends and developments 
    • Market forecast 
    • Price analysis and forecast 
    • Porter’s five forces analysis 
    • SWOT analysis 
    • Value chain analysis

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    Solenoid Valves Market

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