Automotive Solenoids may be employed for a broad range of purposes such as automatic transmission and for starting the car. A solenoid in automobiles is a crucial piece of the starter and it functions as a sort of contact for power to reach the starter from the respective battery. As the generation of vehicles is expanding at an enduring rate, so is the interest of manufacturers’ solenoids.
This report contains market size and forecasts of Automotive Solenoids in global, including the following market information:
Global Automotive Solenoids Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Solenoids Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Solenoids companies in 2021 (%)
The global Automotive Solenoids market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
2-Way Valve Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Solenoids include Johnson Electric Holdings Limited, Flex Ltd, DENSO Corporation, Robert Bosch GmbH, Mitsubishi Electric Corporation, BorgWarner Inc, TLX Technologies, Hitachi Ltd and GW Lisk Company, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Solenoids manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Solenoids Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Solenoids Market Segment Percentages, by Type, 2021 (%)
2-Way Valve
3-Way Valve
4-Way Valve
5-Way Valve
Global Automotive Solenoids Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Solenoids Market Segment Percentages, by Application, 2021 (%)
Engine Management System
Powertrain System
Safety and Security System
HVAC Control
Cooling System
Others
Global Automotive Solenoids Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Solenoids Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Solenoids revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Solenoids revenues share in global market, 2021 (%)
Key companies Automotive Solenoids sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Solenoids sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Johnson Electric Holdings Limited
Flex Ltd
DENSO Corporation
Robert Bosch GmbH
Mitsubishi Electric Corporation
BorgWarner Inc
TLX Technologies
Hitachi Ltd
GW Lisk Company
Continental AG
Littlefuse
Bitron Industrie SpA