Automotive Solenoid Market Size, Share, Growth Analysis, By Function (Fluid Control, Gas Control), By Valve Design, By Vehicle Type, By Application, By Sales Channel, By Region - Industry Forecast 2025-2032


Report ID: SQMIG25A2327 | Region: Global | Published Date: November, 2024
Pages: 218 |Tables: 93 |Figures: 70

Automotive Solenoid Market Insights

Automotive Solenoid Market size was valued at USD 4.93 Billion in 2023 and is poised to grow from USD 5.28 Billion in 2024 to USD 9.14 Billion by 2032, growing at a CAGR of 7.1% during the forecast period (2025-2032).

Automotive solenoids are valves that are operated by electromechanical means. They regulate how quickly gases or liquids move through different automotive systems. Electric current powers their operations. The solenoid coil produces an electromagnetic suction valve core (also known as overcoming spring due to gravity) whenever electricity passes across it. Automotive solenoids are frequently used to reroute the flow of gas, water, oil, and other materials. During the forecast period, factors such the automotive sector's promising growth rate, the growing popularity of electric vehicles, and the rising need for automated systems are anticipated to propel the expansion of the automotive solenoid market. Positive effects on the automotive solenoid industry are also anticipated from government and well-known automakers' initiatives.

Due to their many automotive applications, solenoids are essential parts of modern cars. For example, solenoids are used in automatic gearboxes to control gear shifting, which enhances driving enjoyment and fuel efficiency. Solenoid valve control in the powertrain achieves similar goals of increased engine performance and reduced emissions. As automakers keep coming up with new features and innovations, the spectrum of applications for solenoid devices grows, increasing demand for them. Vehicle systems accuracy and effectiveness are of utmost importance to automakers. Solenoid actuation, which responds quickly and precisely to electrical inputs, is crucial to accomplishing these objectives. Applications like fuel injection and pollution control, which call for exact timing and solenoid action strength, rely on this accuracy.

Market snapshot - 2025-2032

Global Market Size

USD 4.6 billion

Largest Segment

Passenger Vehicles

Fastest Growth

LCV

Growth Rate

7.1% CAGR

Global Automotive Solenoid Market ($ Bn)
Country Share by North America (%)

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Automotive Solenoid Market Segmental Analysis

Global Automotive Solenoid Market is segmented by function, valve design, protocol, vehicle type, application, sales channel and region. Based on function, the market is segmented into fluid control, gas control and motion control. Based on valve design, the market is segmented into 2-way valve, 3-way valve, 4-way valve, 5-way valve. Based on protocol, the market is segmented into direct acting, manual reset and pilot operated. Based on vehicle type, the market is segmented into passenger vehicle, commercial vehicle and electric vehicle. Based on application, the market is segmented into engine control and cooling systems, fuel and emission control, safety and security, body control and interiors, HVAC (Heating, Ventilation and Air Conditioning) and other applications. Based on sales channel, the market is segmented original equipment manufacturers (OEMs) and aftermarket sales.  Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.  

Analysis by Vehicle Type

As per categorization by vehicle type, the market is classified as passenger vehicles, LCV, HCV and electric vehicle. Among these, passenger vehicles earned the largest share and continue to dominate the market. Significant advancements in passenger cars, especially in the use of solenoid technology in a variety of applications, including emission control systems, gearbox control, and engine management. The market is dominated by passenger cars due to growing consumer demand for cutting-edge features, stricter pollution laws, and the rise in popularity of electric and hybrid vehicles, all of which fuel the market's need for solenoid-based solutions.

The global automotive solenoid market is expected to grow at the quickest rate in the LCV, HCV, and electric vehicle sectors for many reasons. The demand for LCVs and HCVs in the commercial vehicle industry is rising due to factors including growing urbanization, e-commerce, and logistical expansion. This has made more sophisticated solenoid-based systems necessary for effective engine management, braking, and gearbox control. The demand for solenoid technology in areas like battery management, regenerative braking, and electric drivetrain control is also being fueled by the quick uptake of electric vehicles, which is further driving market expansion in these segments.

Analysis by Application

Innovative developments in fuel and emission control systems are being seen by the global automotive solenoid market, with solenoid technology being a key component of these advancements. To improve engine economy and lower emissions, solenoids are being used more and more in fuel injection systems, exhaust gas recirculation (EGR) valves, and evaporative emission control systems. Due to the strict environmental rules that drive the demand for cleaner and more fuel-efficient vehicles, fuel and emission control dominate this industry. Advanced solenoid-based solutions are therefore necessary for compliance and performance optimization.

The global automotive solenoid market is expected to grow rapidly due to several important variables pertaining to ancillary systems such as HVAC, engine control, and others. The need for solenoid-based solutions in engine management systems is being driven by the growing emphasis on emissions control, fuel efficiency, and engine performance as automotive technology develops. Furthermore, the incorporation of solenoids into HVAC systems allows for accurate regulation of temperature and environment, which improves passenger comfort and the driving experience. Additionally, new applications in fields including automated transmission systems, active suspension systems, and power door locks are broadening the range of solenoid usage, which is causing these market segments to grow at an accelerated rate.

Global Automotive Solenoid Market By Vehicle Type (%)

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Automotive Solenoid Market Regional Insights

The North American automobile sector is witnessing an increase in the popularity of electric and hybrid vehicles. Solenoids are essential components of electric and hybrid vehicles in areas such as electric power steering and battery management. More people are switching to greener, more efficient forms of transportation, which is increasing the demand for solenoids. Europe is renowned for producing high-end and luxurious automobiles. These cars frequently have air suspension systems and active chassis control, two cutting-edge innovations that depend on solenoids. This region's driver is the luxury automobile market's need for premium solenoids. In addition, the automotive solenoid market in Germany accounted for the greatest portion of the market, while the automotive solenoid market in the UK grew at the quickest rate in the European Union.

In many Asia-Pacific nations, the need for personal mobility has increased due to urbanization and rising income. Consumers are searching for affordable cars with cutting-edge features like solenoid-based motorized windows and electronic fuel injection. Furthermore, the automotive solenoid market in China commanded the most market share, while the automotive solenoid market in India grew at the fastest rate in the Asia-Pacific area. The global automotive solenoid market is expanding significantly in Latin America and the Middle East and Africa, with South Africa and Brazil emerging as the regions' fastest-growing nations. The need for solenoid-based solutions is growing in these regions due to factors such increased vehicle production, growing use of innovative automotive technologies, and expanding aftermarket operations. Government programmes to reduce car emissions and increase fuel economy are driving market expansion in the Middle East and Africa as well as Latin America.

Global Automotive Solenoid Market By Geography
  • Largest
  • Fastest

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Automotive Solenoid Market Dynamics

Drivers

Growing Need for Sophisticated Automation Systems

  • The automobile sector has undergone a revolution thanks to increased automation and digitalization. In the past, automakers produced mechanical actuators that were limited to manually operated applications, like seat adjustments and window winding up and down. The market for solenoids, sometimes referred to as electromechanical actuators, will grow because of rising demand for sophisticated automated applications and good fuel economy. For lifting, tilting, adjusting, placing, retracting, extracting, controlling, opening, and closing all automated applications, solenoids are extensively utilised in trucks and heavy-duty vehicles.

Solenoid Applications in Many Different fields

  • Growing inclination among consumers for new, upgraded gearbox systems like AMT, DCT, and CVT that offer better vehicle control and acceleration, improving the driving experience. This is mostly since modern transmission systems allow torque to be controlled in real time with each gearshift. It takes longer for the torque to set with the new gear as the friction losses caused by gear shifting are minimised and swiftly synchronised with the torque needed for the new gear.

Restraints

Reduction in Car Production over Past Few Years

  • Globally, the auto industry is experiencing a slump. In 2020, there was a 16% decrease in car manufacturing compared to 2010 sales levels, according to the International Organisation of Motor car Manufacturers (OICA). 2020 saw an average decline of more than 21% across Europe. There were significant drops in all major producing nations, ranging from 11% to over 40%. Europe contributed over 22% of the world's production. With 15.7 million units produced in 2020, North America accounted for 20% of worldwide production.

Solenoid Valve Technical Issues to Impact Growth Rates

  • There aren't many issues that regularly impair solenoid valve functionality. Partially closed valves, improperly opening valves, irregular valve sounds, and coil issues are a few of the typical issues with solenoid valves. For example, manual override, pressure differential, residual coil power, damaged armature tube, and damaged valve seats can all lead to valve partial closure. In addition, improper voltage, dirt accumulation under the diaphragm, uneven pressure, and power outages can all prevent some solenoid valves from opening.

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Automotive Solenoid Market Competitive Landscape

The competitive environment of the global automotive solenoid market is defined by the existence of well-known global firms like Continental AG, Mitsubishi Electric Corporation, Hitachi Ltd., Robert Bosch GmbH, and Denso Corporation. These businesses rule the market thanks to their wide range of products, innovative technology, and well-thought-out alliances. In addition, new competitors are entering the market with an emphasis on innovation and growth to capitalise on the rising demand for solenoid-based solutions in the automotive sector, which is leading to increasing competition in the market.

Top Player’s Company Profiles

  • Robert Bosch GmbH (Germany) 
  • Continental AG (Germany) 
  • BorgWarner Inc. (USA) 
  • Hitachi Ltd. (Japan) 
  • Johnson Electric Holding Ltd. (Hong Kong) 
  • Mitsubishi Electric Corporation (Japan) 
  • Global Point Magnetics Asia Co. Ltd (China) 
  • Padmini VNA Mechatronics Pvt Ltd (India) 
  • Infineon Technologies AG (Germany) 
  • Eaton Corporation (USA) 
  • DENSO Corporation (Japan) 
  • Emerson Electric Co. (USA) 
  • GKN Automotive Limited (UK) 
  • Kendrion N.V. (Netherlands) 
  • MAHLE GmbH (Germany) 
  • Rheinmetall Automotive (Germany) 
  • Schaffler AG (Germany) 
  • Valeo (France) 
  • Schneider Electric (France) 
  • Bitron Industrie SpA (Italy) 

Recent Developments

  • In December 2023, a revolutionary solenoid technology was revealed by top automobile supplier Continental AG with the goal of improving internal combustion engine fuel efficiency and lowering pollution. This invention combines precision engineering and cutting-edge materials to maximize engine performance while adhering to strict legal requirements.
  • In February 2024, A new generation of solenoid valves intended for use in hybrid and electric cars was unveiled by Denso Corporation. The enhanced resilience and responsiveness of these valves facilitate the effective functioning of electric drivetrains and pollution control systems.
  • In March 2024, Nidec Corporation and a significant carmaker formed a strategic collaboration to jointly develop solenoid-based solutions for applications including autonomous driving. Through this partnership, Nidec's electromechanical system knowledge will be utilized to improve the performance and dependability of autonomous vehicle platforms, which will be a major step forward in the integration of solenoid technology in next-generation automotive systems.

Automotive Solenoid Key Market Trends

  • Solenoid Valves in Water Treatment and Process Automation: The increasing use of solenoid valves in a variety of process industries, motivated by a growing desire for more advanced process automation, is the primary cause of the rising demand for these valves. One noteworthy area where solenoid valves are being widely used is the water treatment industry, where these valves are essential for meeting a variety of operating requirements. Soon, solenoid valve demand is expected to rise steadily as efforts to find more effective water treatment methods intensify.
  • Exploring the Role of Solenoid Valves in Water Treatment Operations: Solenoid valves are used in a variety of water treatment applications; they are used in everything from tank filling to water softener components. These valves serve a variety of purposes, including piloting bigger actuated valves with air or water and acting as intake valves for different types of equipment. They are made from materials like plastic, brass, and stainless steel. The needs of the application and the environmental circumstances it faces determine the choice of material. All three materials are acceptable for use with mains water; however, the best valve body material will depend on factors including exposure to physical impacts and ambient temperature.

Automotive Solenoid Market SkyQuest Analysis

SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.

As per SkyQuest analysis, Sophisticated solenoid systems are becoming more and more in demand as the automotive industry moves towards greater automation and digitalization. These systems are widely used in trucks and heavy-duty vehicles for a variety of automated applications, such as lifting, tilting, adjusting, and controlling, as well as in new gearbox systems like AMT, DCT, and CVT, which provide better vehicle control and acceleration by reducing friction losses. The International Organization of Motor Car Manufacturers (OICA) reported in 2020 that manufacturing had decreased by 16% from 2010 sales levels. This decline was especially noticeable in Europe, where production had decreased by over 21%, indicating challenges for major producing nations and having an impact on global production levels. The automotive industry has witnessed a significant downturn in car production in recent years.

Dominant companies in the global automotive solenoid market include Continental AG, Mitsubishi Electric Corporation, Hitachi Ltd., Robert Bosch GmbH, and Denso Corporation. These companies leverage their broad product portfolios, cutting-edge technology, and strategic alliances, while up-and-coming competitors concentrate on innovation and growth to take advantage of the increasing demand for automotive solutions based on solenoids, thereby escalating competition in the market. With materials like plastic, brass, and stainless-steel catering to specific environmental conditions, solenoid valves are essential in meeting a variety of operating requirements. As efforts to improve water treatment methods intensify, so will the demand for these valves, which is growing in process industries and particularly in water treatment operations due to the need for advanced process automation.

Report Metric Details
Market size value in 2023 USD 4.93 Billion
Market size value in 2032 USD 9.14 Billion
Growth Rate 7.1%
Base year 2024
Forecast period 2025-2032
Forecast Unit (Value) USD Billion
Segments covered
  • Function
    • Fluid Control, Gas Control, Motion Control
  • Valve Design
    • 2-way valve, 3-way valve, 4-way valve, 5-way valve
  • Protocol
    • Direct Acting, Manual Reset, Pilot Operated
  • Vehicle Type
    • Passenger Vehicle (Compact, Mid-size, Luxury SUVs), Commercial Vehicle (Light Commercial Vehicles (LCV), Heavy Commercial Vehicles (HCV), Electric Vehicle (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicles (PHEV), Fuel Cell Electric Vehicles (FCEV)
  • Application
    • Engine Control and Cooling System, Fuel and Emission Control, Safety and Security, Body Control and Interiors, HVAC (Heating, Ventilation, and Air Conditioning), Other Applications
  • Sales Channel
    • Original Equipment Manufacturers (OEMs), Aftermarket Sales
Regions covered North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA)
Companies covered
  • Robert Bosch GmbH (Germany) 
  • Continental AG (Germany) 
  • BorgWarner Inc. (USA) 
  • Hitachi Ltd. (Japan) 
  • Johnson Electric Holding Ltd. (Hong Kong) 
  • Mitsubishi Electric Corporation (Japan) 
  • Global Point Magnetics Asia Co. Ltd (China) 
  • Padmini VNA Mechatronics Pvt Ltd (India) 
  • Infineon Technologies AG (Germany) 
  • Eaton Corporation (USA) 
  • DENSO Corporation (Japan) 
  • Emerson Electric Co. (USA) 
  • GKN Automotive Limited (UK) 
  • Kendrion N.V. (Netherlands) 
  • MAHLE GmbH (Germany) 
  • Rheinmetall Automotive (Germany) 
  • Schaffler AG (Germany) 
  • Valeo (France) 
  • Schneider Electric (France) 
  • Bitron Industrie SpA (Italy) 
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Table Of Content

Executive Summary

Market overview

  • Exhibit: Executive Summary – Chart on Market Overview
  • Exhibit: Executive Summary – Data Table on Market Overview
  • Exhibit: Executive Summary – Chart on Automotive Solenoid Market Characteristics
  • Exhibit: Executive Summary – Chart on Market by Geography
  • Exhibit: Executive Summary – Chart on Market Segmentation
  • Exhibit: Executive Summary – Chart on Incremental Growth
  • Exhibit: Executive Summary – Data Table on Incremental Growth
  • Exhibit: Executive Summary – Chart on Vendor Market Positioning

Parent Market Analysis

Market overview

Market size

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • SWOT Analysis

KEY MARKET INSIGHTS

  • Technology Analysis
    • (Exhibit: Data Table: Name of technology and details)
  • Pricing Analysis
    • (Exhibit: Data Table: Name of technology and pricing details)
  • Supply Chain Analysis
    • (Exhibit: Detailed Supply Chain Presentation)
  • Value Chain Analysis
    • (Exhibit: Detailed Value Chain Presentation)
  • Ecosystem Of the Market
    • Exhibit: Parent Market Ecosystem Market Analysis
    • Exhibit: Market Characteristics of Parent Market
  • IP Analysis
    • (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
  • Trade Analysis
    • (Exhibit: Data Table: Import and Export data details)
  • Startup Analysis
    • (Exhibit: Data Table: Emerging startups details)
  • Raw Material Analysis
    • (Exhibit: Data Table: Mapping of key raw materials)
  • Innovation Matrix
    • (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
  • Pipeline product Analysis
    • (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
  • Macroeconomic Indicators

COVID IMPACT

  • Introduction
  • Impact On Economy—scenario Assessment
    • Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
  • Revised Market Size
    • Exhibit: Data Table on Automotive Solenoid Market size and forecast 2021-2027 ($ million)
  • Impact Of COVID On Key Segments
    • Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
  • COVID Strategies By Company
    • Exhibit: Analysis on key strategies adopted by companies

MARKET DYNAMICS & OUTLOOK

  • Market Dynamics
    • Exhibit: Impact analysis of DROC, 2021
      • Drivers
      • Opportunities
      • Restraints
      • Challenges
  • Regulatory Landscape
    • Exhibit: Data Table on regulation from different region
  • SWOT Analysis
  • Porters Analysis
    • Competitive rivalry
      • Exhibit: Competitive rivalry Impact of key factors, 2021
    • Threat of substitute products
      • Exhibit: Threat of Substitute Products Impact of key factors, 2021
    • Bargaining power of buyers
      • Exhibit: buyers bargaining power Impact of key factors, 2021
    • Threat of new entrants
      • Exhibit: Threat of new entrants Impact of key factors, 2021
    • Bargaining power of suppliers
      • Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
  • Skyquest special insights on future disruptions
    • Political Impact
    • Economic impact
    • Social Impact
    • Technical Impact
    • Environmental Impact
    • Legal Impact

Market Size by Region

  • Chart on Market share by geography 2021-2027 (%)
  • Data Table on Market share by geography 2021-2027(%)
  • North America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • USA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Canada
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Europe
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Germany
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Spain
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • France
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • UK
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Europe
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Asia Pacific
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • China
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • India
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Japan
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Korea
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of Asia Pacific
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Latin America
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • Brazil
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of South America
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
  • Middle East & Africa (MEA)
    • Chart on Market share by country 2021-2027 (%)
    • Data Table on Market share by country 2021-2027(%)
    • GCC Countries
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • South Africa
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)
    • Rest of MEA
      • Exhibit: Chart on Market share 2021-2027 (%)
      • Exhibit: Market size and forecast 2021-2027 ($ million)

KEY COMPANY PROFILES

  • Competitive Landscape
    • Total number of companies covered
      • Exhibit: companies covered in the report, 2021
    • Top companies market positioning
      • Exhibit: company positioning matrix, 2021
    • Top companies market Share
      • Exhibit: Pie chart analysis on company market share, 2021(%)

Methodology

For the Automotive Solenoid Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:

1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.

2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Automotive Solenoid Market.

3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.

4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.

Analyst Support

Customization Options

With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Automotive Solenoid Market:

Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.

Regional Analysis: Further analysis of the Automotive Solenoid Market for additional countries.

Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.

Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.

Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.

Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.

Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.

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FAQs

Automotive Solenoid Market size was valued at USD 4.93 Billion in 2023 and is poised to grow from USD 5.28 Billion in 2024 to USD 9.14 Billion by 2032, growing at a CAGR of 7.1% during the forecast period (2025-2032).

The competitive environment of the global automotive solenoid market is defined by the existence of well-known global firms like Continental AG, Mitsubishi Electric Corporation, Hitachi Ltd., Robert Bosch GmbH, and Denso Corporation. These businesses rule the market thanks to their wide range of products, innovative technology, and well-thought-out alliances. In addition, new competitors are entering the market with an emphasis on innovation and growth to capitalise on the rising demand for solenoid-based solutions in the automotive sector, which is leading to increasing competition in the market. 'Robert Bosch GmbH (Germany) ', 'Continental AG (Germany) ', 'BorgWarner Inc. (USA) ', 'Hitachi Ltd. (Japan) ', 'Johnson Electric Holding Ltd. (Hong Kong) ', 'Mitsubishi Electric Corporation (Japan) ', 'Global Point Magnetics Asia Co. Ltd (China) ', 'Padmini VNA Mechatronics Pvt Ltd (India) ', 'Infineon Technologies AG (Germany) ', 'Eaton Corporation (USA) ', 'DENSO Corporation (Japan) ', 'Emerson Electric Co. (USA) ', 'GKN Automotive Limited (UK) ', 'Kendrion N.V. (Netherlands) ', 'MAHLE GmbH (Germany) ', 'Rheinmetall Automotive (Germany) ', 'Schaffler AG (Germany) ', 'Valeo (France) ', 'Schneider Electric (France) ', 'Bitron Industrie SpA (Italy) '

The automobile sector has undergone a revolution thanks to increased automation and digitalization. In the past, automakers produced mechanical actuators that were limited to manually operated applications, like seat adjustments and window winding up and down. The market for solenoids, sometimes referred to as electromechanical actuators, will grow because of rising demand for sophisticated automated applications and good fuel economy. For lifting, tilting, adjusting, placing, retracting, extracting, controlling, opening, and closing all automated applications, solenoids are extensively utilised in trucks and heavy-duty vehicles.

Solenoid Valves in Water Treatment and Process Automation: The increasing use of solenoid valves in a variety of process industries, motivated by a growing desire for more advanced process automation, is the primary cause of the rising demand for these valves. One noteworthy area where solenoid valves are being widely used is the water treatment industry, where these valves are essential for meeting a variety of operating requirements. Soon, solenoid valve demand is expected to rise steadily as efforts to find more effective water treatment methods intensify.

The North American automobile sector is witnessing an increase in the popularity of electric and hybrid vehicles. Solenoids are essential components of electric and hybrid vehicles in areas such as electric power steering and battery management. More people are switching to greener, more efficient forms of transportation, which is increasing the demand for solenoids. Europe is renowned for producing high-end and luxurious automobiles. These cars frequently have air suspension systems and active chassis control, two cutting-edge innovations that depend on solenoids. This region's driver is the luxury automobile market's need for premium solenoids. In addition, the automotive solenoid market in Germany accounted for the greatest portion of the market, while the automotive solenoid market in the UK grew at the quickest rate in the European Union.

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