Report Description

Global automotive solenoid market is anticipated to grow at a significant CAGR during the forecast period. Increase in demand for advanced automation system in automobiles to increase the automobile performance and efficiency is driving the automotive solenoid market. High-end investments by major companies for technological advancements to upgrade the existing infrastructure and innovations for downsizing the engine size without reducing the performance of the engine is attributing to market growth in the next five years. The rise in demand to utilize electricity in an efficient manner with minimal wastage and use it in a way without affecting the fuel efficiency is fostering the global automotive solenoid market growth in the forecast period. Rising disposable income among the middle-class families is increasing the expenditure capacity of consumers to afford quality products which is ultimately boosting the market demand across the globe. To control motion, fluids and gases in automobiles automotive solenoid must be installed in the vehicles. Need for installation of automatic transmission in automobiles is rising all over the world which is creating the demand for solenoid in automotive industry and ultimately bolstering the global market growth. Solenoids find application in autonomous steering which gets activated once the automobile goes into autonomous mode. This factor is expected to drive the growth of global automotive solenoid market.

Global automotive solenoid market is segmented into vehicle type, valve design, application, function, propulsion, region, and company. Based on regional analysis, Asia-pacific is expected to dominate the market for the forecast period, 2024-2028. Presence of key players in the region is aiding to high market demand in the region. Trend of engine downsizing is creating lucrative opportunities for the automotive solenoid market growth in Asia-pacific region.

The major players operating in the global automotive solenoid market are Robert Bosch GmbH, Schaeffler AG, Continental AG, Delphi Automotive PLC, Denso Corporation, Wabco Holdings Inc, Mitsubishi Electric Corporation, Hitachi, Ltd., Nidec Corporation, Johnson Electric Group, among others. Major companies are developing advanced technologies and launching new services to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new service developments.

Objective of the Study:

  • To analyze the historical growth of the market size of global automotive solenoid market from 2018 to 2021.
  • To estimate and forecast the market size of global automotive solenoid market from 2022 to 2028 and growth rate until 2028.
  • To classify and forecast global automotive solenoid market based on vehicle type, valve design, application, function, propulsion, region, and company.
  • To identify dominant region or segment in the global automotive solenoid market.
  • To identify drivers and challenges for global automotive solenoid market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global automotive solenoid market.
  • To identify and analyze the profile of leading players operating in global automotive solenoid market.
  • To identify key sustainable strategies adopted by market players in global automotive solenoid market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers who could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.

TechSci Research calculated the market size of global automotive solenoid market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Automotive solenoid manufacturing companies
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums, and alliances related to automotive solenoid market.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million, Volume in Units and CAGR for 2018-2022 and 2023E-2028F

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Vehicle Type

·         Valve Design

·         Application

·         Function

·         Propulsion

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Thailand; Germany; France; United Kingdom; Spain; Italy; Russia; Turkey; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa;

Key Companies Profiled

Robert Bosch GmbH, Schaeffler AG, Continental AG, Delphi Automotive PLC, Denso Corporation, Wabco Holdings Inc, Mitsubishi Electric Corporation, Hitachi, Ltd., Nidec Corporation, Johnson Electric Group.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

Report Scope:

In this report, global automotive solenoid market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Automotive Solenoid Market, By Vehicle Type:

    • Passenger Car
    • Light Commercial Vehicle
    • Medium and Heavy Commercial Vehicle
  • Automotive Solenoid Market, By Valve Design:
    • 2-Way Solenoid Valve
    • 3-Way Solenoid Valve
    • 4-Way Solenoid Valve
    • 5-Way Solenoid Valves
  • Automotive Solenoid Market, By Application:
    • Engine Control & Cooling System
    • Fuel & Emission Control
    • Body Controls & Interiors
    • HVAC System
    • Safety & Security
    • Others
  • Automotive Solenoid Market, By Function:
    • Fluid Control
    • Gas Control
    • Motion Control
  • Automotive Solenoid Market, By Propulsion:
    • ICE
    • BEV
    • PHEV
    • FCEV
  • Automotive Solenoid Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
      • Russia
      • Turkey
    • Asia-Pacific
      • China
      • India
      • Japan
      • South Korea

§  Thailand

o   Middle East & Africa

      • Saudi Arabia
      • South Africa
      • UAE
    • South America

§  Brazil

§  Argentina

§  Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global automotive solenoid market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global automotive solenoid market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Product Overview

2.    Research Methodology

3.    Executive Summary

4.    Impact of COVID-19 on Global Automotive Solenoid Market

5.    Voice of Customer

6.    Global Automotive Solenoid Market Overview

7.    Global Automotive Solenoid Market Outlook

7.1.  Market Size & Forecast

7.1.1.     By Value and Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium and Heavy Commercial Vehicle)

7.2.2.     By Valve Design (2-Way Solenoid Valve, 3-Way Solenoid Valve, 4-Way Solenoid Valve, 5-Way Solenoid Valves)

7.2.3.     By Application (Engine Control & Cooling System, Fuel & Emission Control, Body Controls & Interiors, HVAC System, Safety & Security, Others)

7.2.4.     By Function (Fluid Control, Gas Control, Motion Control)

7.2.5.     By Propulsion (ICE, BEV, PHEV, FCEV)

7.2.6.     By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)

7.2.7.     By Company (2022)

7.3.  Product Market Map (By Vehicle Type, By Valve Design, By Application, By Function, By Propulsion, By Region)

8.    North America Automotive Solenoid Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value and Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type

8.2.2.     By Valve Design

8.2.3.     By Application

8.2.4.     By Function

8.2.5.     By Propulsion

8.2.6.     By Country (United States; Canada; Mexico)

8.3.  Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

8.4.  North America: Country Analysis

8.4.1.     United States Automotive Solenoid Market Outlook

8.4.1.1.         Market Size & Forecast

8.4.1.1.1.             By Value and Volume

8.4.1.2.         Market Share & Forecast

8.4.1.2.1.             By Vehicle Type

8.4.1.2.2.             By Valve Design

8.4.1.2.3.             By Application

8.4.1.2.4.             By Function

8.4.1.2.5.             By Propulsion

8.4.2.     Canada Automotive Solenoid Market Outlook

8.4.2.1.         Market Size & Forecast

8.4.2.1.1.             By Value and Volume

8.4.2.2.         Market Share & Forecast

8.4.2.2.1.             By Vehicle Type

8.4.2.2.2.             By Valve Design

8.4.2.2.3.             By Application

8.4.2.2.4.             By Function

8.4.2.2.5.             By Propulsion

8.4.3.     Mexico Automotive Solenoid Market Outlook

8.4.3.1.         Market Size & Forecast

8.4.3.1.1.             By Value and Volume

8.4.3.2.         Market Share & Forecast

8.4.3.2.1.             By Vehicle Type

8.4.3.2.2.             By Valve Design

8.4.3.2.3.             By Application

8.4.3.2.4.             By Function

8.4.3.2.5.             By Propulsion

9.    Asia Pacific Automotive Solenoid Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value and Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type

9.2.2.     By Valve Design

9.2.3.     By Application

9.2.4.     By Function

9.2.5.     By Propulsion

9.2.6.     By Country (China, India, Japan, South Korea, Thailand and Rest of Asia Pacific)

9.3.  Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

9.4.  Asia Pacific: Country Analysis

9.4.1.     China Automotive Solenoid Market Outlook

9.4.1.1.         Market Size & Forecast

9.4.1.1.1.             By Value and Volume

9.4.1.2.         Market Share & Forecast

9.4.1.2.1.             By Vehicle Type

9.4.1.2.2.             By Valve Design

9.4.1.2.3.             By Application

9.4.1.2.4.             By Function

9.4.1.2.5.             By Propulsion

9.4.2.     India Automotive Solenoid Market Outlook

9.4.2.1.         Market Size & Forecast

9.4.2.1.1.             By Value and Volume

9.4.2.2.         Market Share & Forecast

9.4.2.2.1.             By Vehicle Type

9.4.2.2.2.             By Valve Design

9.4.2.2.3.             By Application

9.4.2.2.4.             By Function

9.4.2.2.5.             By Propulsion

9.4.3.     Japan Automotive Solenoid Market Outlook

9.4.3.1.         Market Size & Forecast

9.4.3.1.1.             By Value and Volume

9.4.3.2.         Market Share & Forecast

9.4.3.2.1.             By Vehicle Type

9.4.3.2.2.             By Valve Design

9.4.3.2.3.             By Application

9.4.3.2.4.             By Function

9.4.3.2.5.             By Propulsion

9.4.4.     South Korea Automotive Solenoid Market Outlook

9.4.4.1.         Market Size & Forecast

9.4.4.1.1.             By Value and Volume

9.4.4.2.         Market Share & Forecast

9.4.4.2.1.             By Vehicle Type

9.4.4.2.2.             By Valve Design

9.4.4.2.3.             By Application

9.4.4.2.4.             By Function

9.4.4.2.5.             By Propulsion

9.4.5.     Thailand Automotive Solenoid Market Outlook

9.4.5.1.         Market Size & Forecast

9.4.5.1.1.             By Value and Volume

9.4.5.2.         Market Share & Forecast

9.4.5.2.1.             By Vehicle Type

9.4.5.2.2.             By Valve Design

9.4.5.2.3.             By Application

9.4.5.2.4.             By Function

9.4.5.2.5.             By Propulsion

10.  Europe Automotive Solenoid Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value and Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type

10.2.2.  By Valve Design

10.2.3.  By Application

10.2.4.  By Function

10.2.5.  By Propulsion

10.2.6.  By Country (Germany, France, United Kingdom, Spain, Italy, Russia, Turkey and Rest of Europe)

10.3.              Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

10.4.              Europe: Country Analysis

10.4.1.  Germany Automotive Solenoid Market Outlook

10.4.1.1.      Market Size & Forecast

10.4.1.1.1.           By Value and Volume

10.4.1.2.      Market Share & Forecast

10.4.1.2.1.           By Vehicle Type

10.4.1.2.2.           By Valve Design

10.4.1.2.3.           By Application

10.4.1.2.4.           By Function

10.4.1.2.5.           By Propulsion

10.4.2.  France Automotive Solenoid Market Outlook

10.4.2.1.      Market Size & Forecast

10.4.2.1.1.           By Value and Volume

10.4.2.2.      Market Share & Forecast

10.4.2.2.1.           By Vehicle Type

10.4.2.2.2.           By Valve Design

10.4.2.2.3.           By Application

10.4.2.2.4.           By Function

10.4.2.2.5.           By Propulsion

10.4.3.  United Kingdom Automotive Solenoid Market Outlook

10.4.3.1.      Market Size & Forecast

10.4.3.1.1.           By Value and Volume

10.4.3.2.      Market Share & Forecast

10.4.3.2.1.           By Vehicle Type

10.4.3.2.2.           By Valve Design

10.4.3.2.3.           By Application

10.4.3.2.4.           By Function

10.4.3.2.5.           By Propulsion

10.4.4.  Spain Automotive Solenoid Market Outlook

10.4.4.1.      Market Size & Forecast

10.4.4.1.1.           By Value and Volume

10.4.4.2.      Market Share & Forecast

10.4.4.2.1.           By Vehicle Type

10.4.4.2.2.           By Valve Design

10.4.4.2.3.           By Application

10.4.4.2.4.           By Function

10.4.4.2.5.           By Propulsion

10.4.5.  Italy Automotive Solenoid Market Outlook

10.4.5.1.      Market Size & Forecast

10.4.5.1.1.           By Value and Volume

10.4.5.2.      Market Share & Forecast

10.4.5.2.1.           By Vehicle Type

10.4.5.2.2.           By Valve Design

10.4.5.2.3.           By Application

10.4.5.2.4.           By Function

10.4.5.2.5.           By Propulsion

10.4.6.  Russia Automotive Solenoid Market Outlook

10.4.6.1.      Market Size & Forecast

10.4.6.1.1.           By Value and Volume

10.4.6.2.      Market Share & Forecast

10.4.6.2.1.           By Vehicle Type

10.4.6.2.2.           By Valve Design

10.4.6.2.3.           By Application

10.4.6.2.4.           By Function

10.4.6.2.5.           By Propulsion

10.4.7.  Turkey Automotive Solenoid Market Outlook

10.4.7.1.      Market Size & Forecast

10.4.7.1.1.           By Value and Volume

10.4.7.2.      Market Share & Forecast

10.4.7.2.1.           By Vehicle Type

10.4.7.2.2.           By Valve Design

10.4.7.2.3.           By Application

10.4.7.2.4.           By Function

10.4.7.2.5.           By Propulsion

11.  South America Automotive Solenoid Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value and Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type

11.2.2.  By Valve Design

11.2.3.  By Application

11.2.4.  By Function

11.2.5.  By Propulsion

11.2.6.  By Country (Brazil, Argentina, Colombia and Rest of South America)

11.3.              Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

11.4.              South America: Country Analysis

11.4.1.  Brazil Automotive Solenoid Market Outlook

11.4.1.1.      Market Size & Forecast

11.4.1.1.1.           By Value and Volume

11.4.1.2.      Market Share & Forecast

11.4.1.2.1.           By Vehicle Type

11.4.1.2.2.           By Valve Design

11.4.1.2.3.           By Application

11.4.1.2.4.           By Function

11.4.1.2.5.           By Propulsion

11.4.2.  Argentina Automotive Solenoid Market Outlook

11.4.2.1.      Market Size & Forecast

11.4.2.1.1.           By Value and Volume

11.4.2.2.      Market Share & Forecast

11.4.2.2.1.           By Vehicle Type

11.4.2.2.2.           By Valve Design

11.4.2.2.3.           By Application

11.4.2.2.4.           By Function

11.4.2.2.5.           By Propulsion

11.4.3.  Colombia Automotive Solenoid Market Outlook

11.4.3.1.      Market Size & Forecast

11.4.3.1.1.           By Value and Volume

11.4.3.2.      Market Share & Forecast

11.4.3.2.1.           By Vehicle Type

11.4.3.2.2.           By Valve Design

11.4.3.2.3.           By Application

11.4.3.2.4.           By Function

11.4.3.2.5.           By Propulsion

12.  Middle East and Africa Automotive Solenoid Market Outlook

12.1.              Market Size & Forecast

12.1.1.  By Value and Volume

12.2.              Market Share & Forecast

12.2.1.  By Vehicle Type

12.2.2.  By Valve Design

12.2.3.  By Application

12.2.4.  By Function

12.2.5.  By Propulsion

12.2.6.  By Country (South Africa, UAE, Saudi Arabia and Rest of Middle East and Africa)

12.3.              Product Market Map (By Vehicle Type, By Equipment Type, By Material, By Country)

12.4.              Middle East and Africa: Country Analysis

12.4.1.  South Africa Automotive Solenoid Market Outlook

12.4.1.1.      Market Size & Forecast

12.4.1.1.1.           By Value and Volume

12.4.1.2.      Market Share & Forecast

12.4.1.2.1.           By Vehicle Type

12.4.1.2.2.           By Valve Design

12.4.1.2.3.           By Application

12.4.1.2.4.           By Function

12.4.1.2.5.           By Propulsion

12.4.2.  UAE Automotive Solenoid Market Outlook

12.4.2.1.      Market Size & Forecast

12.4.2.1.1.           By Value and Volume

12.4.2.2.      Market Share & Forecast

12.4.2.2.1.           By Vehicle Type

12.4.2.2.2.           By Valve Design

12.4.2.2.3.           By Application

12.4.2.2.4.           By Function

12.4.2.2.5.           By Propulsion

12.4.3.  Saudi Arabia Automotive Solenoid Market Outlook

12.4.3.1.      Market Size & Forecast

12.4.3.1.1.           By Value and Volume

12.4.3.2.      Market Share & Forecast

12.4.3.2.1.           By Vehicle Type

12.4.3.2.2.           By Valve Design

12.4.3.2.3.           By Application

12.4.3.2.4.           By Function

12.4.3.2.5.           By Propulsion

13.  Market Dynamics

13.1.              Drivers

13.2.              Challenges

14.  Market Trends & Developments

15.  Competitive Landscape

15.1.              Competition Outlook

15.2.              Company Profiles (Partial List of Leading Companies)

15.2.1.  Robert Bosch GmbH

15.2.2.  Schaeffler AG

15.2.3.  Continental AG

15.2.4.  Delphi Automotive PLC

15.2.5.  Denso Corporation

15.2.6.  Wabco Holdings Inc

15.2.7.    Mitsubishi Electric Corporation

15.2.8.    Hitachi, Ltd.

15.2.9.    Nidec Corporation

15.2.10.  Johnson Electric Group

 16. Strategic Recommendations

Figures and Tables

Frequently asked questions

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Increasing vehicle production and rise in demand for advanced automation system in automobiles are driving the global automotive solenoid market.

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Global automotive solenoid market is segmented into vehicle type, valve design, application, function, propulsion, region, and company.

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Asia-Pacific region is expected to dominate the global automotive solenoid market during forecast period.

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The major players operating in the global automotive solenoid market are Robert Bosch GmbH, Schaeffler AG, Continental AG, Delphi Automotive PLC, Denso Corporation, Wabco Holdings Inc, Mitsubishi Electric Corporation, Hitachi, Ltd., Nidec Corporation, Johnson Electric Group, among others.

profile

Srishti Verma

Business Consultant
Press Release

Automotive Solenoid Market to be Dominated by Asia Pacific till 2026

Nov, 2021

Rising demand for vehicles and advanced automotive systems is expected to drive the demand for global automotive solenoid market in the forecast period.