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Overview

As the demand for automation is increasing, so should the production of Automotive Solenoids. Laws for fuel-efficient vehicles are being brought into action by different regions. This may can drive the growth of Automotive Solenoid Market. Earlier machines had big engines. But as the size of engines is decreasing (a concept popularly known as ‘Engine Downsizing Trend’), the demand for Automotive Solenoids is increasing. The fuel and emission control application market in the Automotive Solenoid Market is expected to grow at the significantly high pace. However, low preference for diesel passenger cars and weight and cost reduction are hindering the growth of the market. Growing government rules for fuel efficient vehicles will provides ample of opportunities for growth of the market in U.S region. U.S automotive solenoid market is categorized into 2-way, 3-way, 4-way and 5way valves. Use of solenoid valve depends on type of engine and fuel supply requiring in vehicles. Solenoid valves are devices that convert electrical energy to mechanical energy and tend to create a magnetic reaction. Solenoid valves provide improved scalability and efficiency and can also help in reducing costs and can make the processes way more reliable. Solenoid valves can be extremely beneficial in order to simplify their work processes. Solenoid valves are designed to withstand humid and corrosive environments and also with the capability to perform well at extreme room temperatures. Solenoid valves are increasingly being used in food processing industry. They are typically made of stainless steel components. The valves used in food industry come in two different variants, namely, direct contact valves and utility service valves. The direct contact valves are those that come in direct contact with the food products and are corrosion resistant, in nature. Utility service valves, on the other hand, do not come in direct contact with the food materials, and are typically used for handling substances such as water, steam and other non-food related resources. U.S automotive solenoids market can be segmented into engine control & cooling system, safety & security, body control & interiors, fuel & emission control and HVAC. Body control & interior application will have major share in the automotive solenoid market with increased utilization in all passengers and


commercial vehicles (CV) as well as electric vehicles, but there are some applications that may or may not be used in electric vehicles. E.g. engine control valves are not utilized in a battery electric vehicle (BEV) for the engine control application. Also it helps in reduction of space consumed by auto parts that increases cabin space and improves interiors. Safety and security systems have significant share with an aim to reduce seriousness of injury in case of collision. By geographical wise, the North American region consists of the U.S., and Canada. Latin America region consists of Mexico and Brazil. North America is anticipated to register highest CAGR owing to growing production of passenger cars and electric vehicles. This has resulted into rise in automotive solenoid volumes, with original equipment manufacturers catering to both domestic and overseas demand. Automotive solenoid market is split with presence of many regional players in the industry. Prominent players of automotive solenoid market in U. S region include Robert Bosch, Mitsubishi Electric, Continental, Johnson Electric, BorgWarner, Delphi and others. The dominance of Continental AG in Automotive Solenoid market, as well as aftermarket, may shake other key players of the Automotive Solenoid Market in U.S. For example, Continental AG acquired Emitec Emission Control Technologies that will improve its presence in fuel and emission control segment. Companies are using mergers and acquisition strategy to rise their penetration in automotive solenoid market.


Major players in the Market are identified through secondary research and their Market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top manufacturers; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and Marketing executives. The percentage splits, Market shares, growth rate and breakdowns of the product Markets are determined through using secondary sources and verified through the primary sources. Inquiry about report OR ask for Sample Report @ https://www.profsharemarketresearch.com/inquiry/automotive-solenoidmarket-report-inquiry/ Automotive Solenoid Market: Product Type  2-Way Valve  3-Way Valve  4-Way Valve  5-Way Valve Automotive Solenoid Market: Application  Engine Control & Cooling System  Fuel & Emission Control  Safety & Security  Body Control & Interiors  HVAC Automotive Solenoid Market: Competitive Analysis  Robert Bosch  Hitachi  Mitsubishi Electric  Continental  Johnson Electric  BorgWarner  Delphi


Automotive Solenoid Market: Regional Analysis  North America  U.S.A  Canada  Europe  France  Germany  Spain  UK  Rest of Europe  Asia Pacific  China  Japan  India  South East Asia  Latin America  Brazil  Middle East and Africa

Access Full Report @ https://www.profsharemarketresearch.com/automotive-solenoid-market/ Automotive Solenoid Market Report delivers comprehensive analysis of :  Market Forecast for 2019-27  Market growth drivers  Challenges and Opportunities  Emerging and Current market trends  Market player Capacity, Production, Revenue (Value)  Supply (Production), Consumption, Export, Import analysis  End user/application Analysis


About Profshare Profshare Market Research is a full service market research company that delivers in depth market research globally. We operate within consumer and business to business markets offering both qualitative and quantitative research services. We work for private sector clients, along with public sector and voluntary organisations. Profshare Market Research publishes high quality, in-depth market research studies, to help clients obtain granular level clarity on current business trends and expected future developments. We are committed to our client’s needs, providing custom solutions best fit for strategy development and implementation to extract tangible results. For more information, visit https://www.profsharemarketresearch.com/ OR Email us at sales@profsharemarketresearch.com Contact : Mia Cox Sales Manager miacox@profsharemarketresearch.com

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Automotive Solenoid Market is estimated to reach USD 7720.27 million by 2027, growing at a CAGR of 6  

Automotive Solenoid Market by Product Type (2-Way Valve, 3-Way Valve, 4-Way Valve, 5-Way Valve) by Application (Engine Control & Cooling Sys...

Automotive Solenoid Market is estimated to reach USD 7720.27 million by 2027, growing at a CAGR of 6  

Automotive Solenoid Market by Product Type (2-Way Valve, 3-Way Valve, 4-Way Valve, 5-Way Valve) by Application (Engine Control & Cooling Sys...

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