[b]Solenoid valve[/b] is a device which uses a solenoid to control valve activation. In solenoid valve, electric current is passed through a solenoid. Solenoid valves are considered as electromechanically operated valve used for controlling liquid or gas flow. [b]Solenoid valves[/b] are most commonly used in fluidics (fluid power pneumatic and hydraulic system to control fluid power motors or large industrial valves) as a control element. They perform the various tasks such as release, shut-off, mix or distribute fluids. Solenoid offers various advantages such as high reliability, fast and safe switching, extended service life, compact design and low control power. Solenoid valves are also used in automatic irrigation sprinkle system. Furthermore, washing machine and dishwashers use solenoid valves to control the flow of water into the machine.

[i]Browse 31 Market Tables, 56 Figures spread through 164 Pages and an in-depth TOC on “[b]Solenoid Valves Market[/b]” http://industryarc.com/Report/1273/global-solenoid-valves-market-analysis-report.html[/i]

[b]Market Trends[/b]:

[b]According to IndustryARC, Solenoid Valve Market was accounted to be 4.05 Billion in 2014 and is expected to grow in the coming years. On the other hand, the market is slated to rise at a CAGR of 3.8% through 2015-2020.[/b]

While the U.S is projected to witness a great demand for industrial valves in terms of sales, the [b]construction market[/b] is about to grow the fastest owing to the fact that both residential and nonresidential segments rebound at double-digit rates. Despite all these, process manufacturing will remain the largest valve market, whereas demand for automatic valves will outpace standard valve sales. In terms of applications, the chemical industry is expected to dominate [b]Global Solenoid Valve Market[/b] during the period of forecast.

[b]Solenoid valve market[/b] is evolving continuously and expected to witness significant growth during the period of forecast.

[b]Market Driving Factors[/b]:
• Constant evolution in [b]solenoid valve market[/b] leads to the development of new technologies.
• Increasing applications of solenoid valves into various industrial sectors.
• Decreasing/low prices of valves and lower power consumption.
• Development of new solenoid valves such as micro-miniature valves customized valves and pinch valves encourages the growth

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Challenges: while there are a number of growing factors for the market, there exist a few challenges that market is striving to overcome, including common problems associated with solenoid valves. Power failure, uneven pressure, wrong voltage may affect the functioning of solenoid valve because of which solenoid valves may not open, erratic valve sounds while opening and closing of valve and coil problems in solenoid valves are some of the common issues associated with solenoid valves.

[b]REPORT SCOPE: Market Segmentation[/b]:

[b]The Solenoid Valves Market[/b] is precisely segmented into 6 types by IndustryARC based on various factors like:
• By Types: Two Way Solenoid Valves, Three Way Solenoid Valves Comprise Three Ports and Others.
• By Components: Coil / Solenoid, Plunger and Others.
• By Seals: Nitrile Rubber (NBR), Fluroelastomer (FKM) and Others.
• By Operation: Direct Acting Valves, Pilot Operated Valves and Manual Reset Valves.
• By Industry: Automobile, Oil&Gas, Mining and Others.
• By Geography: Americas, Europe, Asia and ROW.

[b]Key Players[/b]:

Competitive landscape for each of the product types is highlighted and market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio and recent developments. Market shares of the key players for 2014 are provided.
• Curtiss-Wright Corporation
• Kingston Valves
• Burkert Fluid Control Systems
• AIRTAC International Group.

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[b]About IndustryARC[/b]:
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