Zion Market Research Solenoid Valve Market, 2015 - 2021 | Page 3

Solenoid Valve Market
port, and four-port valves. On the basis of application, the global solenoid valve market is
segmented into various industries such as chemical industry, the pharmaceutical industry,
automobile industry, agriculture industry, food & beverages industry, and others. The chemical
industry is expected to dominate global solenoid valve market in future.
On the basis of region, the solenoid valve market can be segmented into North America, Latin
America, Western Europe, Asia-Pacific, Eastern Europe, Japan and the Middle East, and Africa
region. Further, the market is sub-segmented as per the major countries of each region in order
to provide better regional analysis of the solenoid valve market. North America and Western
Europe are expected to cover a major share of the global solenoid valve market in future.
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The key players in the global solenoid valve market are ASCO Valve, Inc., Danfoss A/S, CKD
Corporation, Christian Bürkert GmbH & Co. KG, SMC Corporation of America, IMI plc Company,
GSR Ventiltechnik GmbH & Co. KG, ODE s.r.l., Kaneko Sangyo Co., Ltd., CEME S.p.A., Takasago
Electric Industry Co., Ltd., Parker Hannifin Corp., and Ningbo Mailing Pneumatic Co., Ltd. The
market players are focusing more on the development of new technologies which can provide
improved features and better performance. They are also focusing on providing industry-specific
products in order to capture more market.