automotive solenoids from passenger car manufacturers. The demand is expected to increase
in developing and developed countries such as China, Japan, Germany, and the U.S., where
major car manufacturers are located.
Asia-Pacific: Largest market for the automotive solenoid market
Asia-Pacific is estimated to hold the largest market share, in terms of value, of the global
automotive solenoid market in 2017. The region comprises some of the fastest developing
economies in the world such as China, India, and South Korea. There has been a significant
increase in vehicle production volumes over the years, with OEMs catering not only to domestic
demand but to overseas demand as well.
The major players profiled in the report are Robert Bosch GmbH (Germany), Hitachi Ltd.
(Japan), Mitsubishi Electric Corporation (Japan), Continental AG (Germany), Johnson Electric
Holding (China), BorgWarner (U.S.), and Delphi Automotive PLC (U.K.).
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Study Coverage
The study covers the global automotive solenoid market, in terms of volume (units) and value
(USD million). It explains the qualitative and quantitative aspects of the market on the basis of
region, vehicle, electric vehicle, application, function, and valve design type from 2017 to 2022.
It also provides an overview of technical factors and other important aspects of the global
automotive solenoid market.
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