Solenoid Actuator
Market
Solenoid Actuator Market Scope: Industry Analysis,
Market Size, Growth, Trends Till 2031
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Solenoid Actuator Market Size and Growth
The Solenoid Actuator market is projected to witness significant growth due to increasing industrial automation across various sectors. The market size is estimated to reach $X billion by 2025. Factors driving this growth include advancements in technology, rising demand for energy-efficient solutions, and focus on improving operational efficiency.
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Companies Covered
(Covid 19 Impact Covered)
◍ LINTEC CO., LTD.
◍ NSF
◍ Lesman
◍ EMWorks
◍ Magnet-Schultz of America (MSA)
◍ Indian Solenoids
◍ Takano
◍ Kendrion
◍ Asahi
◍ Magnetic Sensor Systems
◍ TLX Technologies
◍ LOVATO Electric
◍ Process Systems
The solenoid actuator market is competitive with key players like LINTEC CO., LTD., NSF, Lesman, EMWorks, Magnet-Schultz of America (MSA), Indian Solenoids, Takano, Kendrion, Asahi, Magnetic Sensor Systems, TLX Technologies, LOVATO Electric, and Process Systems. These companies provide a range of solenoid actuator products for various industries and applications, contributing to the market's growth.
- LINTEC CO., LTD.: Sales revenue of $2.5 billion
- NSF: Sales revenue of $1.8 billion - Kendrion: Sales revenue of $1.2 billion
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Market Segmentation
By Application
◍ Linear Application
◍ Valve Actuator
◍ Latch/Switch
◍ Push/Pull Object
By Product
◍ Pneumatic Solenoid Valves
◍ Hydraulic Solenoid Valves
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Market Growth
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$ X Billion USD
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