The Report “[b]Solenoid Valves Market Analysis: By Types (Two port, Three-way, Four-way, Direct Acting, Pilot operated); By Industry (Water Treatment, Power, Pulp & Paper, Food & Beverage, Chemical) - With Forecast (2015 - 2020)[/b]”, published by IndustryARC, the market to grow at a CAGR of 3.8% till 2020

[i]Browse 31 Market Tables, 56 Figures spread through 164 Pages and an in-depth TOC on “[b]Solenoid Valves Market[/b]” http://industryarc.com/Report/1273/global-solenoid-valves-market-analysis-report.html[/i]

[b]Solenoid Valves[/b] are one of the vital components in flow control processes. They are used to [b]control and modulate the flow of liquids and gases[/b]. They are critical components in almost all industries; from being used in simple applications such as distribution of water to households and industries to complex applications such as [b]drilling and extraction of oil & gas, chemical treatment, power generation[/b] and so on. They facilitate in optimizing efficiency and they are often the final control element in the operation of various equipment.

[b]Driving Factors of the Market[/b]:

Change in Technology has highly increased the [b]demand for Solenoid Valves[/b] at a very high rate.
• Automatic Flow System,
• New Control Designs,
• Low Power Consumption

The factors which affect the [b]prices of Solenoid Valves[/b] are:
• The size of the equipment,
• The level of customization of the equipment and
• The application in which the equipment is used.

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For instance, a [b]solenoid valve of port size 1/2 inches[/b] used in water distribution application would cost relatively lesser than a 4 inch solenoid valve in same industry but rather critical application such as in water treatment.

Development of new technologies with improved features and performance are set to drive the market

[b]Market Brief:[/b]

While the revenue generated by [b]Solenoid Valve Market in 2014 was noted to be $4.05 Billion[/b], this market is accounted to grow at a [b]CAGR of 3.8% through 2015 to 2020[/b].

The Global [b]Solenoid Valves Market[/b] owes its success to the Chemical Industry and Industrial Products which are the key industries for the Solenoid Market.

Oil & gas, Chemical & Petrochemical and Power generation industries are the major contributors to the revenue generated by this market. Analysts suggest, these contributed to almost 54% of the overall revenue in 2014.

Coming to geography: North America and Europe are expected to occupy a share of more than 50% during the forecast period.

[b]REPORT SCOPE:[/b]

The overall Solenoid Valve Market is presented from the perspective of different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2014 are provided.

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[b]Market Segmentation:[/b]

The [b]Solenoid Valves Market[/b] is classified into 6 types depending on different factors like:
• By Types: Two Way Solenoid Valves, Three Way Solenoid Valves Comprise Three Ports and Others.
• By Components: Coil / Solenoid, Plunger and Others.
• By Seals: Nitrile Rubber (NBR), Fluroelastomer (FKM) and Others.
• By Operation: Direct Acting Valves, Pilot Operated Valves and Manual Reset Valves.
• By Industry: Automobile, Oil&Gas, Mining and Others.
• By Geography: Americas, Europe, Asia and ROW.

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[b]Key Players:[/b]

Few Important [b]Market Players of Solenoid Valves[/b] which are mentioned in this report:
• AIRTAC International Group
• Pentair Ltd.
• ROTORK PLC
• NORGEN Inc. (IMI Precision Engineering)
• Parker Hannifin

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[b]About IndustryARC:[/b]
IndustryARC is a research and consulting firm that publishes more than 500 reports annually in various industries, such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, Life sciences & Healthcare.

IndustryARC primarily focuses on Cutting Edge Technologies and Newer Applications of the Market. Our Custom Research Services are designed to provide insights on the constant flux in the global demand-supply gap of markets. Our strong analyst team enables us to meet the client research needs at a very quick speed with a variety of options for your business.

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