Solenoid Valves Market

By Product;

Two-Way, Three-Way and Four-Way

By Type;

Direct-Acting Valves and Pilot-Operating Valves

By Material;

Stainless Steel, Brass, Aluminum and Plastic

By End Use;

Chemicals, Water & Waste Water Management, Oil & Gas, Power Generation and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn834933403 Published Date: August, 2025 Updated Date: September, 2025

Solenoid Valves Market Overview

Solenoid Valves Market (USD Million)

Solenoid Valves Market was valued at USD 4,443.92 million. in the year 2024. The size of this market is expected to increase to USD 5,808.65 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 3.9%.


Solenoid Valves Market

*Market size in USD million

CAGR 3.9 %


Study Period2025 - 2031
Base Year2024
CAGR (%)3.9 %
Market Size (2024)USD 4,443.92 Million
Market Size (2031)USD 5,808.65 Million
Market ConcentrationHigh
Report Pages356
4,443.92
2024
5,808.65
2031

Major Players

  • 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

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Solenoid Valves Market

Fragmented - Highly competitive market without dominant players


The Solenoid Valves Market is evolving significantly, driven by the increasing demand for automation across industries such as oil and gas, chemical processing, and water treatment. These valves play a crucial role in controlling fluid flow and are increasingly being integrated into advanced systems for enhanced control and efficiency. The market is expected to grow steadily with more industries adopting solenoid valves for precision control and cost-effectiveness.

Key Drivers Accelerating Growth
The rise in the adoption of industrial automation is a major driver for the solenoid valves market, with an estimated 30% of the total demand coming from automation systems. These systems rely on solenoid valves for fast response times and reliable operation in high-pressure environments. As manufacturing processes become more complex, the need for solenoid valves that can support intelligent systems continues to grow.

Growth in the Energy and Utilities Sector
The energy and utilities sector accounts for over 25% of the solenoid valves market, with applications in power generation and oil extraction. These sectors use solenoid valves for regulating the flow of fluids in critical operations. As energy production becomes more sustainable, solenoid valves are also being integrated into systems that support renewable energy solutions.

Solenoid Valves in the Automotive Industry
In the automotive industry, solenoid valves are widely used in fuel systems, with an increasing shift towards electric vehicles. These valves ensure accurate fuel management and efficient engine performance, contributing to reduced emissions and fuel consumption. This growing demand for eco-friendly vehicles is poised to further expand the market share of solenoid valves.

Smart Technologies in Healthcare and Food Processing
Finally, the growing demand for smart technologies in the healthcare and food processing industries has led to an uptick in the usage of solenoid valves in precision dosing and fluid handling systems. With more industries investing in automated systems for monitoring and control, the role of solenoid valves in improving accuracy and safety continues to be pivotal.

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  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Type
    3. Market Snapshot, By Material

    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Solenoid Valves Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Automation Growth
        2. Industrial Expansion
        3. Technological Advancements
      2. Restraints
        1. High Costs
        2. Maintenance Complexity
        3. Market Saturation
      3. Opportunities
        1. Automation Integration
        2. Smart Technology
        3. Energy Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Solenoid Valves Market, By Product, 2021 - 2031 (USD Million)
      1. Two-Way
      2. Three-Way
      3. Four-Way
    2. Solenoid Valves Market, By Type, 2021 - 2031 (USD Million)

      1. Direct-Acting Valves

      2. Pilot-Operating Valves

    3. Solenoid Valves Market, By Material, 2021 - 2031 (USD Million)
      1. Stainless Steel
      2. Brass
      3. Aluminum
      4. Plastic
    4. Solenoid Valves Market, By End Use, 2021 - 2031 (USD Million)
      1. Chemicals
      2. Water & Waste Water Management
      3. Oil & Gas
      4. Power Generation
      5. Others
    5. Solenoid Valves Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN(Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. ASCO (Emerson Electric Co.)
      2. Danfoss A/S
      3. Parker Hannifin Corporation
      4. Festo AG & Co. KG
      5. SMC Corporation
      6. Burkert Fluid Control Systems
      7. IMI Precision Engineering
      8. Honeywell International Inc.
      9. Schneider Electric SE
      10. Yuken Kogyo Co., Ltd.
      11. Eaton Corporation PLC
      12. FESTO Didactic SE & Co. KG
      13. Norgren (IMI Group)
  7. Analyst Views
  8. Future Outlook of the Market