Solenoid Valves Market Size, Regional Outlook, Competitive Strategies and Forecasts, 2018 To 2026
Solenoid valve is a device used for
controlling flow of liquid or gaseous elements. The mechanism of a solenoid
valve is based on the principle of electromagnetic force to operate various
function of the valve. In solenoid valve, flow of the elements is controlled by
passing electric current. Solenoid valves are commonly used as control elements
in fluidics. These valves perform multiple tasks such as releasing, turning on
or off, mixing or distributing fluids and gases. Solenoid valve offer multiple
features such as reliability, immediate and reliable switching mechanism, vast
lifetime, compact design and low control power. Solenoids have applications in
various systems ranging from automated factory equipment to paintball guns and
doorbells, owing to its versatile features. The force behind the moves of
piston is magnetic field of a solenoid that receives electricity when the
doorbell is pressed.
Applications of solenoid valves include
laundry & dry-cleaning equipment, industrial washing equipment, autoclaves/
sterilizers, compressors and vacuum pumps, plastic moulding machinery, and
food-processing machinery. One of the most popular applications of the solenoid
valve is into refrigeration systems. Also, in air conditioners solenoid valves
are used for changing direction of the flow of the refrigerant. The factors
such as irregular power supply, uneven pressure and other budgetary elements
are expected to impede the market growth during the forecast period.
Increasing adoption of solenoid valves for
material flow processes in food and beverages industry is driving growth of the
solenoid valves market
The solenoid valves are designed to resist
adverse temperature, humidity, and corrosive conditions, which makes it most
preferred valves in food and beverages industry. In order to last long these
valves are made up of stainless steel due to its contaminant resistant
qualities. These valves are generally used in the meat and abattoir industry,
fish canneries, salting systems, ready meal industry, and fruit and vegetable
canneries. Stainless steel solenoid valves are also used in salmon packing
lines, fish fillet preparation systems, and pasteurization systems requiring
high-pressure solenoid valves.
Along with these uses solenoid valves are also
used in washing machine, dish washer and other similar appliances, wherein it
functions as a water flow controller. Electric solenoid valves are used for
remotely operating the valves that are physically difficult to be approached
for turning on or off. These valves can be completely kept open or close and
can’t be used to operate partial flow control. Depending upon the type of fluid
allowed to pass through it these valves differ in terms of the building
material. A variety of materials such as brass, bronze, plastic, and nylon are
used. Also, for the purpose of controlling flow of gaseous elements valves made
up of metals such as steel are preferred. For the situations wherein the fluid
or gases can deteriorate the valve material or result into corrosion, plastic
solenoid valves are used. These valves are lightweight, comparatively have
shorter life span than its metal counterparts and are cost effective.
Global Solenoid Valves Market: Regional
Insights
North America held a dominant position in the
global solenoid valves market in 2017 and is expected to retain its dominance
throughout the forecast period. This growth is attributed to increasing need
for clean and hygienic water supply, which is boosting demand for water
treatment plants, in turn boosting growth of the solenoid valves market. The
market in Asia Pacific region is estimated to exhibit the highest CAGR during
the forecast period. This is attributed to increasing adoption of solenoid
valves for domestic purposes and upgrading their facilities with the deployment
of automation technologies.
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Global Solenoid Valve Market: Competitive
Background
Major players operating in the solenoid valve
market include Asco Valve, Inc, Christian Bürkert GmbH & Co. Kg.,
Curtiss-Wright Corporation, Danfoss A/S, GSR Ventiltechnik GmbH & Co. Kg,
IMI PLC, Parker Hannifin Corporation, Rotex Controls B.V., SMC Corporation, and
The LEE Company
Global Solenoid Valve Market: Taxonomy
On basis of Body Material,
- Stainless
Steel
- Brass
- Aluminium
- Plastic
On basis of Valve Design Type,
- 2-Way
- 3-Way
- 4-Way
- 5-Way
On basis of End User
- Oil
and Gas
- Chemical
and Petrochemical
- Water
and Wastewater
- Food
and Beverages
- Power
Generation
- Pharmaceuticals
- Automotive
- Medical
- Others
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