A Detailed Analysis of Solenoid Valve Market by Direct-acting Valves and Pilot-operated Valves
Solenoid Valve is Registering a Great Pace Owing to its Increased Use in Different Large-scale Industries- FMI Finds Out Lucrative Investment Options in Countries as Many as 30+.
The recent FMI study shows that the solenoid valve industry is expected to record US$ 4.5 billion in 2023. The market is projected to register a CAGR of 4.5% from 2023 to 2033, to top US$ 6.9 billion by 2033.
Growth-inducing Factors for Solenoid Valve Market include:
Growing Buzz around Process Automation: Surging acceptance of process automation and subsequent utilization of solenoid valves in numerous process sectors. Take, for example, their frequent use in water treatment facilities. Solenoid valves help in eliminating organic pollutants from polluted water, apart from various other uses.
Surging Use in Food Processing Industry: The device is repeatedly used in the food processing industry and is a preferred choice for food processing. Several solenoid valves are constructed to withstand harsh room temperatures and corrosive, moist conditions. These are made of stainless steel due to the material's resistance to food contaminants.
Increasing use in Renewable Energy Projects: The device can also be employed in hydropower, a kind of renewable energy, as a system's component to regulate water flow. An increase in renewable energy projects is projected to boost the market in focus.
Crucial Role of Solenoid Valves in the Medical Sector: The role of solenoid valves is critical in the medical sector. These devices help deliver precise concentrations of gas and rate of flow to a patient put on a medical ventilator. Moreover, solenoid valves regulate the oxygen flow rate with precision and great speed, which provides optimum patient care.
For example, recently, Emerson enlarged its ASCO Series 090 line of miniature solenoid valve. It include a three-way Series 090 valve configuration to manifest space-efficient, lighter solutions for gas control in gas analyzer devices, compression therapy, and oxygen therapy.
Impediments to Future Growth include:
Failure of the solenoid coil and its subsequent burnout on the application of the wrong voltage could dissuade end users from opting for a solenoid coil. Another factor that can harm the coil is electrical spikes or surges. Burnt coils are irreparable and have to be replaced with another.
High cost related to the solenoid valves is projected to hamper the market growth. Additionally, the fluctuating prices of components and the demand-supply gap is projected to challenge the market's growth.
Emerging Opportunities in the Solenoid Valve Market:
The robust momentum of research and development activities and the resultant technological upgradation is projected to attract significant opportunities for the market.
The increasing significance of safe and clean drinking water worldwide is pushing investments in water treatment plants, thus generating demand for solenoid valves.
Attribute
Details
Solenoid Valve Market Size (2023)
US$ 4.5 billion
Solenoid Valve Market Size (2033)
US$ 6.9 billion
Solenoid Valve Market Forecast CAGR (2023 to 2033)
4.5%
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2018 to 2022 Solenoid Valve Market Outlook Compared to 2023 to 2033 Forecast
The solenoid valve industry registered a CAGR of 5.4% in the historical period, as opposed to the 4.5% CAGR predicted for the forecast period. The solenoid valve industry is gaining significance on account of rising renewable energy projects.
For instance, in recent years Karnataka Government and ABC Cleantech, as part of Invest Karnataka, signed an MoU to establish a green hydrogen production facility and a green ammonia production facility with an annual capacity of 0.2 million tons and 1 million, respectively. Both these units are integrated with 5 GW of renewable energy projects and cost an estimated US$ 6 billion.
Solenoid valves are resistant to humidity, adverse temperature, and corrosive conditions, making them suitable for the food and beverages industry. To further extend the lifespan of these valves, they are constructed with stainless steel owing to their contaminant-resistant qualities. These valves are commonly deployed in the meat and abattoir industry, salting systems, fish canneries, fruit and vegetable canneries, and the ready-meal industry. Stainless steel ones are utilized in fish fillet preparation systems, salmon packing lines, and pasteurization systems that require high-pressure solenoid valves.
Apart from this, the solenoid valves are further deployed in the dishwasher, washing machines, and other similar appliances, where it performs the role of the water flow controller.
FMI has concluded that the solenoid valve industry is projected to arrive at a market estimation of US$ 6.9 billion by 2033.
Comparative View of the Solenoid Valve Market
Solenoid Valve Market:
Attributes
Solenoid Valve Market
CAGR (2023 to 2033)
4.5%
Market Value (2033)
US$ 6.9 billion
Opportunity
Demand for clean water is surging, increasing investments in water treatment plants. Since solenoid valves are deployed in water treatment plants, manufacturers are projected to benefit.
Key Trends
Solenoid valves are important in the devices used to monitor patients put on ventilators. Significant innovations in the solenoid valve used in the medical sector are propelling market growth.
Industrial Valves Market:
Attributes
Industrial Valves Market
CAGR (2023 to 2033)
4.2%
Market Value (2033)
US$ 113.41 billion
Opportunity
An increase in the implementation of sensor-equipped valves to reduce failure rate and general maintenance costs owing to elevated industrialization is projected to present an opportunity for manufacturers.
Key Trends
Growth in commercial and residential sectors and thriving oil and gas activities are augmenting device sales.
Water Treatment System Market:
Attributes
Water Treatment System Market
CAGR (2023 to 2033)
6.8%
Market Value (2033)
US$ 1,36,341.86 million
Opportunity
Governments are splurging on programs aimed at providing clean and purified water to reduce the water pollution caused by industrialization and other factors.
Key Trends
Water scarcity, increasing expenses to adhere to stringent emission discharge, and surging costs of fresh water intake for propelling the move toward zero liquid discharge for water treatment systems.
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Segment-wise Analysis
2-way Solenoid Valve Taking a Large Share of the Market
Historical CAGR (2018 to 2022)
5%
Forecast CAGR (2023 to 2033)
4.3%
The 2-way solenoid valve is emerging as a top function in the market, taking a high cut of market share in 2023. The segment is anticipated to assume a CAGR of 4.3% over the forecast period, in contrast to the 5% CAGR observed in the historical period. The device is usually deployed in hydraulic lifts, sawdust control, process heating, log misting systems, etc.
Large investment in process industries has also accelerated the solenoid valve application in multiple industries. The use of solenoid valves in conjunction with enhanced magnetic field and electric current is increasing rapidly due to their leak block, size, lower price, automatic flow control, etc.
Automotive Industry to Expand Vigorously in the Upcoming Years
The automotive industry is expanding at a significant pace and has been instrumental in pushing the sales of solenoid valves. Solenoid valves are placed in the exhaust, air intake systems, engine control, locking and safety systems, steering, etc.
The automobile sector is multiplying steadily, observing demand from emerging markets and manufacturing units transferring there. The automobile sector is witnessing healthy growth and profitability, thus aiding the overall solenoid valve industry.
Country-wise Analysis
The United States Making Its Way to the Top
Market Value US$ (2033)
US$ 2.2 billion
Forecast CAGR % (2023 to 2033)
3.4%
The United States solenoid valve industry is expected to gain US$ 2.2 billion by 2033. Over the forecast period, the market is projected to register a CAGR of 3.4%, in contrast to the 4% CAGR observed in the historical period. The market is observing a rise in the adoption of advanced fluid automation technologies and the surging application in sectors like chemicals, oil and gas, water treatment, and food and beverages. The manufacturing units of end-users are updating different production processes to minimize the workforce and enhance efficiency.
China to be the Fast-growing Solenoid Valve Industry
Market Value US$ (2033)
US$ 595.5 million
Forecast CAGR % (2023 to 2033)
5.4%
The China solenoid valve industry is projected to generate US$ 595.5 million by 2033. In the meantime, the market is projected to assume a CAGR of 5.4%. Several sectors, like food and drinks, water supply management, and chemical, are robustly adopting automation solutions. Thereby fueling the growth of the solenoid valve industry. Thriving oil and gas industries, water and wastewater, and other factors are augmenting the sales of the solenoid valve industry.
Heightened Demand for Clean and Sanitary Water Enhancing Market Prospects in the United Kingdom
Market Value US$ (2033)
US$ 347.2 million
Forecast CAGR % (2023 to 2033)
3.7%
The United Kingdom is slated to reach US$ 347.2 million by 2033. From 2023 to 2033, the market is projected to assume a CAGR of 3.7%. In the historical period, however, the market is expected to register a CAGR of 4.3%. Increasing demand for clean and sanitary water supplies is catalyzing the prospects for water treatment plants. This is expected to have a positive impact on the solenoid valve industry. Surging industries and their need for process automation, like gas or liquid flow, are projected to propel market growth.
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Background Look into the Competition in the Solenoid Valve Market
Competition in the solenoid valve industry is quite intense. There is substantial consolidation among the leading players in the market. Vendors are acquiring other companies to improve their market share. Additionally, huge investments in developing an advanced version of this device are also fueling the market growth.
Other common strategic steps include collaboration and partnerships.
New Developments Shaping the Market Growth:
Danfoss Industries Pvt. Ltd. exhibited ICSH 2-Step Solenoid Valve at the Hitex Exhibition Center, Hyderabad. The device is extremely effective and often used in industrial refrigeration for gentle and safe gas injection. The device has been developed considering the safety issues it poses while pumping hot gas into evaporators.
In April 2019, Eaton launched a compact, streamlined solenoid valve to enhance the fluid control accuracy of off-highway automobiles. In comparison with five-ported directional control valves, the newly launched ESVL9 screw-in cartridge valve (SiCV) includes an attached load-sense check control and offers a 21% multifold size reduction.
Ross Controls Company declared the acquisition of Pneumatrol Ltd in August 2019. With the help of this acquisition, the company strengthened and expanded into the valve business.
Metso, a Finland-based firm, revealed that it had acquired Rotex Manufacturers and Engineers Pvt Ltd in January 2019. The latter company develops valves such as solenoid valves. The acquisition is expected to help Metso to expand its valve operations within India.
Solenoid Valve Manufacturers in the Market
Airtac
ASCO Valve Inc.
Danfoss Industries Limited
Curtiss-Wright Corporation
IMI Precision Engineering
Emerson Electric Co.
Juliang Valve
Parker Hannifin Corporation
Zhejiang Yongjiu
SMC Corporation
Scope of Solenoid Valve Market Report
Attribute
Details
Forecast Period
2023 to 2033
Historical Data Available for
2018 to 2022
Market Analysis
US$ billion/ million for Value and Volume in ‘000’ Units
Key Regions Covered
North America
Latin America
Europe
Asia Pacific
The Middle East and Africa
Key Countries Covered
The United States, Canada, Brazil, Mexico, the United Kingdom, Germany, France, Spain, Italy, Russia, India, Thailand, Indonesia, Malaysia, China, Japan, South Korea, Australia, Oceania, GCC Countries, South Africa, Türkiye
Key Segments Covered
Type, Function, Material, Operation, Media, Industry, and Region
Key Companies Profiled
Airtac
ASCO Valve Inc.
Danfoss Industries Limited
Curtiss-Wright Corporation
IMI Precision Engineering
Emerson Electric Co.
Juliang Valve
Parker Hannifin Corporation
Zhejiang Yongjiu
SMC Corporation
Report Coverage
Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing
Available upon Request
Solenoid Valve Market by Category
By Type:
Direct-acting Valves
Pilot-operated Valves
By Function:
2-way
3-way
4-way
5-way
By Materia:
Stainless Steel
Aluminum
Plastic
Others
By Operation:
Normally Open
Normally Closed
Universal
By Media:
Air
Gas
Water
By Industry:
Oil & Gas
Chemical & Petrochemical
F&B
Power Generation
Pharmaceuticals
Automotive
Medical
Others
By Region:
North America
Latin America
Europe
Asia Pacific
The Middle East and Africa
Frequently Asked Questions
How Big is the Market in 2023?
The market is valued at US$ 4.5 billion in 2023.
Who are the Key Solenoid Valve Market Players?
Airtac, ASCO Valve Inc., and Danfoss Industries Limited are the key market players.
How was the Historical Performance of the Market?
the market recorded a CAGR of 5.4% from 2018 to 2022.
What Opportunities Await the Market Players?
Increasing demand from the food processing industry to boost the market growth.
What is the Expected CAGR of the Market in the United States through 2032?
The United States is projected to expand at a CAGR of 3.4% through 2032.
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Type, 2023 to 2033
5.3.1. Direct-acting Valves
5.3.2. Pilot-operated Valves
5.4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Function
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Function, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Function, 2023 to 2033
6.3.1. 2-way
6.3.2. 3-way
6.3.3. 4-way
6.3.4. 5-way
6.4. Y-o-Y Growth Trend Analysis By Function, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Function, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Material
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material, 2023 to 2033
7.3.1. Stainless Steel
7.3.2. Aluminum
7.3.3. Plastic
7.3.4. Others
7.4. Y-o-Y Growth Trend Analysis By Material, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Material, 2023 to 2033
8. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Operation
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Operation, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Operation, 2023 to 2033
8.3.1. Normally Open
8.3.2. Normally Closed
8.3.3. Universal
8.4. Y-o-Y Growth Trend Analysis By Operation, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By Operation, 2023 to 2033
9. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Media
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Media, 2018 to 2022
9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Media, 2023 to 2033
9.3.1. Air
9.3.2. Gas
9.3.3. Water
9.4. Y-o-Y Growth Trend Analysis By Media, 2018 to 2022
9.5. Absolute $ Opportunity Analysis By Media, 2023 to 2033
10. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Industry
10.1. Introduction / Key Findings
10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Industry, 2018 to 2022
10.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Industry, 2023 to 2033
10.3.1. Oil & Gas
10.3.2. Chemical & Petrochemical
10.3.3. F&B
10.3.4. Power Generation
10.3.5. Pharmaceuticals
10.3.6. Automotive
10.3.7. Medical
10.3.8. Others
10.4. Y-o-Y Growth Trend Analysis By Industry, 2018 to 2022
10.5. Absolute $ Opportunity Analysis By Industry, 2023 to 2033
11. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
11.1. Introduction
11.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
11.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
11.3.1. North America
11.3.2. Latin America
11.3.3. Europe
11.3.4. Asia Pacific
11.3.5. MEA
11.4. Market Attractiveness Analysis By Region
12. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. U.S.
12.2.1.2. Canada
12.2.2. By Type
12.2.3. By Function
12.2.4. By Material
12.2.5. By Operation
12.2.6. By Media
12.2.7. By Industry
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Function
12.3.4. By Material
12.3.5. By Operation
12.3.6. By Media
12.3.7. By Industry
12.4. Key Takeaways
13. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. Brazil
13.2.1.2. Mexico
13.2.1.3. Rest of Latin America
13.2.2. By Type
13.2.3. By Function
13.2.4. By Material
13.2.5. By Operation
13.2.6. By Media
13.2.7. By Industry
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Type
13.3.3. By Function
13.3.4. By Material
13.3.5. By Operation
13.3.6. By Media
13.3.7. By Industry
13.4. Key Takeaways
14. Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. Germany
14.2.1.2. U.K.
14.2.1.3. France
14.2.1.4. Spain
14.2.1.5. Italy
14.2.1.6. Rest of Europe
14.2.2. By Type
14.2.3. By Function
14.2.4. By Material
14.2.5. By Operation
14.2.6. By Media
14.2.7. By Industry
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Type
14.3.3. By Function
14.3.4. By Material
14.3.5. By Operation
14.3.6. By Media
14.3.7. By Industry
14.4. Key Takeaways
15. Asia Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Country
15.2.1.1. China
15.2.1.2. Japan
15.2.1.3. South Korea
15.2.1.4. Singapore
15.2.1.5. Thailand
15.2.1.6. Indonesia
15.2.1.7. Australia
15.2.1.8. New Zealand
15.2.1.9. Rest of Asia Pacific
15.2.2. By Type
15.2.3. By Function
15.2.4. By Material
15.2.5. By Operation
15.2.6. By Media
15.2.7. By Industry
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Type
15.3.3. By Function
15.3.4. By Material
15.3.5. By Operation
15.3.6. By Media
15.3.7. By Industry
15.4. Key Takeaways
16. MEA Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
16.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
16.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of MEA
16.2.2. By Type
16.2.3. By Function
16.2.4. By Material
16.2.5. By Operation
16.2.6. By Media
16.2.7. By Industry
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Type
16.3.3. By Function
16.3.4. By Material
16.3.5. By Operation
16.3.6. By Media
16.3.7. By Industry
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. U.S.
17.1.1. Pricing Analysis
17.1.2. Market Share Analysis, 2022
17.1.2.1. By Type
17.1.2.2. By Function
17.1.2.3. By Material
17.1.2.4. By Operation
17.1.2.5. By Media
17.1.2.6. By Industry
17.2. Canada
17.2.1. Pricing Analysis
17.2.2. Market Share Analysis, 2022
17.2.2.1. By Type
17.2.2.2. By Function
17.2.2.3. By Material
17.2.2.4. By Operation
17.2.2.5. By Media
17.2.2.6. By Industry
17.3. Brazil
17.3.1. Pricing Analysis
17.3.2. Market Share Analysis, 2022
17.3.2.1. By Type
17.3.2.2. By Function
17.3.2.3. By Material
17.3.2.4. By Operation
17.3.2.5. By Media
17.3.2.6. By Industry
17.4. Mexico
17.4.1. Pricing Analysis
17.4.2. Market Share Analysis, 2022
17.4.2.1. By Type
17.4.2.2. By Function
17.4.2.3. By Material
17.4.2.4. By Operation
17.4.2.5. By Media
17.4.2.6. By Industry
17.5. Germany
17.5.1. Pricing Analysis
17.5.2. Market Share Analysis, 2022
17.5.2.1. By Type
17.5.2.2. By Function
17.5.2.3. By Material
17.5.2.4. By Operation
17.5.2.5. By Media
17.5.2.6. By Industry
17.6. U.K.
17.6.1. Pricing Analysis
17.6.2. Market Share Analysis, 2022
17.6.2.1. By Type
17.6.2.2. By Function
17.6.2.3. By Material
17.6.2.4. By Operation
17.6.2.5. By Media
17.6.2.6. By Industry
17.7. France
17.7.1. Pricing Analysis
17.7.2. Market Share Analysis, 2022
17.7.2.1. By Type
17.7.2.2. By Function
17.7.2.3. By Material
17.7.2.4. By Operation
17.7.2.5. By Media
17.7.2.6. By Industry
17.8. Spain
17.8.1. Pricing Analysis
17.8.2. Market Share Analysis, 2022
17.8.2.1. By Type
17.8.2.2. By Function
17.8.2.3. By Material
17.8.2.4. By Operation
17.8.2.5. By Media
17.8.2.6. By Industry
17.9. Italy
17.9.1. Pricing Analysis
17.9.2. Market Share Analysis, 2022
17.9.2.1. By Type
17.9.2.2. By Function
17.9.2.3. By Material
17.9.2.4. By Operation
17.9.2.5. By Media
17.9.2.6. By Industry
17.10. China
17.10.1. Pricing Analysis
17.10.2. Market Share Analysis, 2022
17.10.2.1. By Type
17.10.2.2. By Function
17.10.2.3. By Material
17.10.2.4. By Operation
17.10.2.5. By Media
17.10.2.6. By Industry
17.11. Japan
17.11.1. Pricing Analysis
17.11.2. Market Share Analysis, 2022
17.11.2.1. By Type
17.11.2.2. By Function
17.11.2.3. By Material
17.11.2.4. By Operation
17.11.2.5. By Media
17.11.2.6. By Industry
17.12. South Korea
17.12.1. Pricing Analysis
17.12.2. Market Share Analysis, 2022
17.12.2.1. By Type
17.12.2.2. By Function
17.12.2.3. By Material
17.12.2.4. By Operation
17.12.2.5. By Media
17.12.2.6. By Industry
17.13. Singapore
17.13.1. Pricing Analysis
17.13.2. Market Share Analysis, 2022
17.13.2.1. By Type
17.13.2.2. By Function
17.13.2.3. By Material
17.13.2.4. By Operation
17.13.2.5. By Media
17.13.2.6. By Industry
17.14. Thailand
17.14.1. Pricing Analysis
17.14.2. Market Share Analysis, 2022
17.14.2.1. By Type
17.14.2.2. By Function
17.14.2.3. By Material
17.14.2.4. By Operation
17.14.2.5. By Media
17.14.2.6. By Industry
17.15. Indonesia
17.15.1. Pricing Analysis
17.15.2. Market Share Analysis, 2022
17.15.2.1. By Type
17.15.2.2. By Function
17.15.2.3. By Material
17.15.2.4. By Operation
17.15.2.5. By Media
17.15.2.6. By Industry
17.16. Australia
17.16.1. Pricing Analysis
17.16.2. Market Share Analysis, 2022
17.16.2.1. By Type
17.16.2.2. By Function
17.16.2.3. By Material
17.16.2.4. By Operation
17.16.2.5. By Media
17.16.2.6. By Industry
17.17. New Zealand
17.17.1. Pricing Analysis
17.17.2. Market Share Analysis, 2022
17.17.2.1. By Type
17.17.2.2. By Function
17.17.2.3. By Material
17.17.2.4. By Operation
17.17.2.5. By Media
17.17.2.6. By Industry
17.18. GCC Countries
17.18.1. Pricing Analysis
17.18.2. Market Share Analysis, 2022
17.18.2.1. By Type
17.18.2.2. By Function
17.18.2.3. By Material
17.18.2.4. By Operation
17.18.2.5. By Media
17.18.2.6. By Industry
17.19. South Africa
17.19.1. Pricing Analysis
17.19.2. Market Share Analysis, 2022
17.19.2.1. By Type
17.19.2.2. By Function
17.19.2.3. By Material
17.19.2.4. By Operation
17.19.2.5. By Media
17.19.2.6. By Industry
17.20. Israel
17.20.1. Pricing Analysis
17.20.2. Market Share Analysis, 2022
17.20.2.1. By Type
17.20.2.2. By Function
17.20.2.3. By Material
17.20.2.4. By Operation
17.20.2.5. By Media
17.20.2.6. By Industry
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Type
18.3.3. By Function
18.3.4. By Material
18.3.5. By Operation
18.3.6. By Media
18.3.7. By Industry
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. Airtac
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.1.5.2. Product Strategy
19.1.1.5.3. Channel Strategy
19.1.2. ASCO Valve Inc.
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.2.5.2. Product Strategy
19.1.2.5.3. Channel Strategy
19.1.3. Danfoss Industries Limited
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.3.5.2. Product Strategy
19.1.3.5.3. Channel Strategy
19.1.4. Curtiss-Wright Corporation
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.4.5.2. Product Strategy
19.1.4.5.3. Channel Strategy
19.1.5. IMI Precision Engineering
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.5.5.2. Product Strategy
19.1.5.5.3. Channel Strategy
19.1.6. Emerson Electric Co.
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.6.5.2. Product Strategy
19.1.6.5.3. Channel Strategy
19.1.7. Juliang Valve
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.7.5.2. Product Strategy
19.1.7.5.3. Channel Strategy
19.1.8. Parker Hannifin Corporation
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.8.5.2. Product Strategy
19.1.8.5.3. Channel Strategy
19.1.9. Zhejiang Yongjiu
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.9.5.2. Product Strategy
19.1.9.5.3. Channel Strategy
19.1.10. SMC Corporation
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
19.1.10.5.2. Product Strategy
19.1.10.5.3. Channel Strategy
20. Assumptions & Acronyms Used21. Research Methodology
