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]

A [b]solenoid valve[/b] is an electromechanical valve which is operated by passing electric current through a solenoid. They facilitate in control, direct and regulation of liquid and gases. Generally a solenoid can be differentiated based on their type into two port, three way and four way solenoid valve of which [b]two port solenoid valves occupies nearly 37% of overall market[/b] due to wide range of applications combined with compatibility with other processes.

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Solenoid valves find their application in almost all the industries where fluid handling is required. However, Oil & gas, Chemical & Petrochemical and Power generation industries are the major contributors to the revenue generated this market contributing to almost 54% of the overall revenue in 2014. Apart from the three, Water Treatment, Automobile, Food & Beverage and Pulp & Paper also contribute to major portion of the revenue generation.

Since these components are used for industrial applications, the demand for these components is generated from regions in which an active industrial region. Therefore, the major demand is generated from APAC region owing to process of industrialization in developing countries such as [b]China, India and so on followed by Americas. APAC and America together contribute to nearly 73%[/b] of overall revenue generated by overall solenoid market. In Europe, automobile industry is driving the demand for the same.

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Solenoid Valve`s will have an upsurge in demand over the next five years due to increasing government regulations on industries such as Oil and Gas. Solenoid Valves with features such as detecting internal and external leaks will support the plant in safety factors. The major drivers for this market include the need for automatic flow systems, low power consumption aided by new control designs. Since this market is in mature state, new technologies with improved features and performance are set to drive the demand. Also, [b]increase in demand for fluid control needs has led to development of new solenoid valves such as customized valves, micro-miniature valves, pinch valves, manifolds, etc.[/b]

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The overall market is also presented from the perspective of key players, different geographic regions and the key countries for this industry. Competitive landscape for each of the product types is highlighted and market players such as ASCO Valve, Inc (subsidiary of Emerson Electric Co.), Burkert Contromatic Corp., Danfoss Industries Pvt., Ltd., Norgren Pipe Industrial Co., Ltd., Parker Hannifin Corporation, Curtiss-Wright Corporation, CKD Corporation, SMC Corporation are profiled.

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