North America Solenoid Valve Market, USD Million, Forecast to 2027, by Operating Type

Year DIRECT INDIRECT SEMI-DIRECT OTHERS
2016 $ 232.0 $ 182.8 $ 199.3 $ 135.8
2017 $ 246.7 $ 191.0 $ 213.9 $ 140.3
2018 $ 260.1 $ 197.9 $ 227.7 $ 143.8
2019 $ 272.1 $ 203.7 $ 240.7 $ 146.4
2020 $ 277.8 $ 204.7 $ 248.4 $ 145.5
2021 $ 283.9 $ 206.0 $ 256.8 $ 144.8
2022 $ 292.9 $ 209.5 $ 268.2 $ 145.6
2023 $ 302.2 $ 213.2 $ 280.3 $ 146.6
2024 $ 311.8 $ 217.0 $ 293.1 $ 147.6
2025 $ 321.8 $ 221.1 $ 306.6 $ 148.7
2026 $ 332.0 $ 225.3 $ 320.9 $ 149.9
2027 $ 342.5 $ 229.8 $ 336.0 $ 151.2
  • To Get Uninterrupted Charts Access Please Subscribe
  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • View access to 2 million data
North America Solenoid Valve Market, USD Million, Forecast to 2027, by Operating Type

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

Market Dynamics

the north america solenoid valve market has been witnessing a major demand in recent years, owing to its widespread use in various industrial and commercial applications. solenoid valves are electro-mechanically operated valves that control the flow of fluids such as air, water, gas, and steam by using an electromagnetic coil to open and close the valve. these valves are highly efficient and reliable, making them a popular choice among end-users. one of the key factors driving the demand for solenoid valves in north america is the increasing automation in industries. with the growing adoption of advanced technologies such as internet of things (iot), industrial internet of things (iiot), and industry 4.0, there has been a rising need for automation in manufacturing processes. solenoid valves play a crucial role in this automation process by controlling the flow of fluids in various equipment and machinery. as a result, the demand for solenoid valves is expected to continue to grow in the coming years. moreover, the strict regulations and standards regarding the use of energy-efficient and environmentally-friendly products have also contributed to the demand for solenoid valves in north america. these valves are known for their high energy efficiency and low environmental impact, making them a preferred choice for end-users. additionally, the increasing focus on reducing operational costs and improving process efficiency has also led to the widespread adoption of solenoid valves. in terms of operating type, the north america solenoid valve market can be segmented into direct-acting, pilot-operated, and others. direct-acting solenoid valves are the most commonly used type, and they are expected to continue dominating the market in the forecast period. these valves are easy to install, have a compact design, and provide accurate control, making them suitable for a wide range of applications. on the other hand, pilot-operated solenoid valves are gaining traction due to their advanced features such as high-pressure handling capacity and low power consumption. in conclusion, the demand for solenoid valves in north america is driven by the increasing automation in industries, energy efficiency and environmental regulations, and focus on process efficiency. with technological advancements and innovations in solenoid valve design, the market is expected to witness further growth in the coming years.

Further Content:You might find this interesting as well

Industries List

OTHER STATISTICS ON THE TOPIC

No Simillar Charts
SINGLE SEAT SOLUTIONS FOR INDIVIDUALS AND SMALL BUSINESSES
Efficient research: Relevant data available at a click

Starter Account

$49 USD/month

* Billed Annually

  • Download XLS, PNG & PPT
  • View Access to 1 Million Data
  • View Access to Entire Platform

Single User Account

$599 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Download XLS, PNG & PPT
  • View access to 2 million data
  • View Access to Entire Platform

Business Account

$899 USD/month

* Billed Annually

  • Dedicated Client Service Manager
  • Dedicated Analyst Support
  • Suggestive request box to accommodate new markets during subscription period
  • Access to the entire data & statistics with download rights for up to 10000 Premium statistics per 12 months without publication rights
  • View Access to Entire Platform
CONTACT

Closebutton

Stay Ahead with Exclusive Data!

Subscribe Now to Access Our Market Research Platform,and Charts
for B2B and B2C Industries. Empower Your Business with Insights