Zion Market Research Solenoid Valve Market, 2015 - 2021 | Page 2

Solenoid Valve Market

A solenoid valve is a valve that works electromechanically. It is used for controlling the liquid or
gas flow. Electric current controls the valve through a solenoid. The valve uses a solenoid to
control the valve activation. Fluidics, most commonly, use solenoid valves as control elements.
Various tasks like the release, shut-off, mix or distribute fluids are performed by them. High
reliability, extended service life, compact design, safe and fast switching, and low control power
are the features that are offered by the solenoid.
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As the solenoid valve market is progressing at a great pace, it is expected to witness a
significant growth in the coming years. New technologies are developing in the solenoid valve
market due to the constant development. The factors that are driving the evolution of the
market of solenoid valve globally are the increased applications of solenoid valves into various
industrialized sectors, poor consumption of power, and lower price. Moreover, the development
of new solenoid valves such as the micro-miniature, pinch, and customized valves have
encouraged the growth of the solenoid valve market globally. Few problems have impacted the
solenoid valve market growth negatively; some of which are the power failure, an incorrect
voltage that may affect the working of solenoid valve because of which solenoid valves may not
open, and so on are the common issues associated with solenoid valves.
Globally, the solenoid valve market is segmented on the basis of its type, application, and
region. On the basis of type, the global solenoid valve market is segmented into two-port, three-