Solenoid Valves Market: By Type (Direct-acting valves and Pilot-operated valves); By Function (2-Way, 3-Way, 4-Way, and 5-Way); Material (Stainless Steel, Aluminum, Plastic, and Others); Operation (Normally open, Normally closed, and Universal); Media (Air, Gas, and Water); Industry (Oil & Gas, Chemical & Petrochemical, F&B, Power Generation, Automotive, and Others); Region—Market Size, Industry Dynamics, Opportunity Analysis and Forecast for 2024–2032
Solenoid valves market was valued at US$ 4,657.6 million in 2023 and is projected to hit the market valuation of US$ 7,802.3 million by 2032 at a CAGR of 5.9% during the forecast period 2024–2032. Read More
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Published On: 02-Dec-2024 | Format: | Report ID: AA0622278