Zion Market Research Global Solenoid Valve Market, 2015–2021 | Page 3

Solenoid Valve Market
failure, an incorrect voltage that may affect the working of solenoid valve because of which
solenoid valves may not open, and so on are the common issues associated with solenoid
valves.
Globally, the solenoid valve market is segmented on the basis of its type, application, and
region. On the basis of type, the global solenoid valve market is segmented into two-port,
three-port, and four-port valves. On the basis of application, the global solenoid valve
market is segmented into various industries such as chemical industry, the pharmaceutical
industry, automobile industry, agriculture industry, food & beverages industry, and others.
The chemical industry is expected to dominate global solenoid valve market in future.
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On the basis of region, the solenoid valve market can be segmented into North America,
Latin America, Western Europe, Asia-Pacific, Eastern Europe, Japan and the Middle East,
and Africa region. Further, the market is sub-segmented as per the major countries of each
region in order to provide better regional analysis of the solenoid valve market. North
America and Western Europe are expected to cover a major share of the global solenoid
valve market in future.
The key players in the global solenoid valve market are ASCO Valve, Inc., Danfoss A/S,
CKD Corporation, Christian Bürkert GmbH & Co. KG, SMC Corporation of America, IMI plc
Company, GSR Ventiltechnik GmbH & Co. KG, ODE s.r.l., Kaneko Sangyo Co., Ltd., CEME
S.p.A., Takasago Electric Industry Co., Ltd., Parker Hannifin Corp., and Ningbo Mailing
Pneumatic Co., Ltd. The market players are focusing more on the development of new