Solenoid Valves Market Forecast (2015 - 2020)
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Key Market Insights of Solenoid Valves Market
Development of new solenoid valves such as customized valves, micro-miniature valves,
pinch valves, manifolds, etc., have led to increased demand for fluid control needs
Oil & gas, Chemical & Petrochemical and Power generation industries are the major
contributors to the revenue generated this market contributing to almost 54% of the
overall revenue in 2014.
North America and Europe are estimated to occupy a share of more than 50% during
2014-2020
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