North America Solenoid Valve Market, USD Million, Forecast to 2027, by End User

Year CHEMICAL & PETROCHEMICAL OIL & GAS FOOD & BEVERAGES WATER & WASTEWATER POWER GENERATION AUTOMOTIVE PHARMACEUTICAL MEDICAL OTHERS
2016 $ 130.5 $ 114.0 $ 76.0 $ 56.4 $ 99.2 $ 69.9 $ 63.8 $ 109.5 $ 30.5
2017 $ 138.8 $ 121.7 $ 80.4 $ 58.4 $ 103.9 $ 73.5 $ 66.5 $ 117.3 $ 31.4
2018 $ 146.2 $ 128.9 $ 84.4 $ 60.0 $ 108.0 $ 76.7 $ 68.7 $ 124.6 $ 32.2
2019 $ 152.8 $ 135.5 $ 88.0 $ 61.2 $ 111.5 $ 79.4 $ 70.4 $ 131.4 $ 32.6
2020 $ 155.9 $ 139.1 $ 89.6 $ 60.9 $ 112.3 $ 80.3 $ 70.5 $ 135.3 $ 32.4
2021 $ 159.2 $ 143.1 $ 91.4 $ 60.8 $ 113.4 $ 81.3 $ 70.8 $ 139.5 $ 32.2
2022 $ 164.1 $ 148.6 $ 94.1 $ 61.2 $ 115.6 $ 83.3 $ 71.7 $ 145.4 $ 32.3
2023 $ 169.1 $ 154.5 $ 97.0 $ 61.7 $ 118.0 $ 85.2 $ 72.7 $ 151.6 $ 32.4
2024 $ 174.3 $ 160.7 $ 100.0 $ 62.3 $ 120.5 $ 87.3 $ 73.8 $ 158.1 $ 32.5
2025 $ 179.6 $ 167.2 $ 103.2 $ 62.9 $ 123.1 $ 89.5 $ 74.9 $ 165.0 $ 32.7
2026 $ 185.1 $ 174.1 $ 106.5 $ 63.5 $ 125.8 $ 91.8 $ 76.1 $ 172.3 $ 32.9
2027 $ 190.6 $ 181.3 $ 110.0 $ 64.2 $ 128.6 $ 94.2 $ 77.3 $ 180.0 $ 33.1
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North America Solenoid Valve Market, USD Million, Forecast to 2027, by End User

Synopsis
The above chart is North America Solenoid Valve Market, USD Million, Forecast to 2027, by End User

Market Dynamics

the north america solenoid valve market is witnessing a surge in demand from various end user industries. these industries have a wide range of applications and rely heavily on solenoid valves for the smooth functioning of their operations. these valves are electromechanical devices that are used to control the flow of fluids or gases in a system. they are highly versatile and widely used in various industrial processes to regulate the flow of liquids, gases, and air. one of the major end user industries driving the demand for solenoid valves in north america is the oil and gas industry. solenoid valves are used extensively in this industry for applications such as gas pipelines, refineries, and oil processing units. the valves play a crucial role in controlling and maintaining the flow of oil and gas in these processes. with the rise in shale gas production and exploration activities, the demand for solenoid valves in this industry is expected to increase significantly. another major end user of solenoid valves in north america is the automotive industry. these valves are used in various automotive applications such as engine control, exhaust gas recirculation, fuel injection, and transmission control. the rising production and sales of vehicles in the region is driving the demand for solenoid valves. moreover, stringent government regulations regarding emission control have led to the adoption of advanced solenoid valves in vehicles, further fueling the market growth. the healthcare industry is also a major end user of solenoid valves in north america. these valves are used in medical equipment such as ventilators, blood analyzers, and drug delivery systems for precise control of fluid flow. with the increasing demand for medical equipment and advancements in healthcare technology, the demand for solenoid valves in this industry is expected to witness significant growth. apart from these industries, solenoid valves are also used in water treatment, food and beverage, chemical, and aerospace industries, among others. with the increasing focus on automation and energy efficiency in these industries, the demand for technologically advanced solenoid valves is expected to rise. moreover, the growing trend of smart manufacturing and the adoption of industry 4.0 principles are also expected to drive the demand for these valves in north america. in conclusion, the north america solenoid valve market is witnessing a high demand from various end user industries due to its wide range of applications and benefits. with the increasing focus on automation and advancements in technology, the demand for solenoid valves in the region is expected to continue its upward trend in the foreseeable future.

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