Title: India Solenoid Valves Market - Forecast (2021 - 2026)
1India Solenoid Valves MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2021-2026
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- The India Solenoid Valves is estimated to surpass
604 million mark by 2026 growing at an estimated
CAGR of more than 5.2 during the forecast period
2021 to 2026. Solenoid valves are employed as
control elements for fluid power controlling both
aqueous and gaseous fluids. Solenoid valves are
primarily used as controlling devices in systems
and motors where liquid and gas flow rate needs
to be regulated through safe switching. - These valves which can be internally piloted by
passing electric current through the solenoid,
thus creating a magnetic field to open or close
the plunger mechanism. According to Enerdata,
countries like China, the U.S., India and Russia
are the highest consumers of energy as per the
2019.
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- Key Takeaways
- Usages of Solenoid valves are rising sharply
because of their automatic flow control
capability, size, leak block, lower price and
lower power consumption mechanism. - There is a possibility that the future of power
industry is run by natural gas and solar energy.
Valves are used for various purposes in the power
generation industry. Hence there is significant
opportunity for Solenoid Valves in this sector. - Countries have started increasingly deploying
their renewable energy sector and accordingly,
in various countries the capacities of the Solar
PV is increasing year on year. Therefore, the
booming solar energy sector is poised to boost
the market for control valves.
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By Distribution Channel- Segment Analysis Two
Way solenoid valves is the key segment in the
market with 38.5 share in 2020 due to their
adoption in the process industries. Equipment
such as valves, actuators, positioners, sensors,
and so on is vital components of automation.
Solenoid valves are mostly used in sawdust
control, hydraulic lifts, log misting systems,
process heating and so on. Moreover, huge
investment in process industries has further
fueled the solenoid valve application across the
various industries. Usage of Solenoid valves with
improved electric current and magnetic field
usage are rising sharply because of their
automatic flow control capability, size, leak
block, lower price and lower power consumption
mechanism.
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- India Solenoid Valves Market Outlook
- Maniks
- Jekon Controls
- AIRA Euro Automation Pvt Ltd
- Asten Industries
- Builtronics India Pvt Ltd
- Rotex Automation
- Uflow Automation
- Falcon Valves Flanges Pvt Ltd
- Bavaria Fluid Systems GmbH
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India Solenoid Valves Market Forecast (2021 -
2026) Learn More About the Report _at_
https//www.industryarc.com/Report/18189/india-so
lenoid-valves-market.html
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
- Purchase Full Report _at_ https//www.industryarc.com
/purchasereport.php?id18189
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For More Details Contact Venkat
Reddy Contact (1) 970-236-3677 Email
sales_at_industryarc.com Connect with us on LinkedIn
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Contact (1) 970-236-3677
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