The automotive solenoid market, in terms of value, is projected to grow at a CAGR of 8.82% from
2017 to 2022. The market is estimated to be USD 4.13 billion in 2017. In this study, 2016 has been
considered the base year and 2017 to 2022 the forecast period for estimating the market size of
the automotive solenoid market.
The body control and interiors segment of this market is estimated to account for the largest
market share, in terms of value, in 2017. This segment leads the automotive solenoid market due
to its application in all automotive vehicles passenger vehicle or commercial vehicle that roll out of
the manufacturing unit. The second largest market, by application, in 2017 is the engine control
and cooling system, followed by fuel and emission control.