Automotive Solenoid Market: Market Size, Trends and Growth Analysis

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The future of the global automotive solenoid market looks promising with opportunities in the passenger car, light commercial vehicle, and heavy commercial vehicle segments. The global automotive solenoid market is expected to grow with a CAGR of 8%-10% from 2021 to 2026. The major drivers for this market are growing vehicle automation and demand for fuel efficient vehicles.

Emerging trends, which have a direct impact on the dynamics of the industry, include the introduction of micro-miniature valves customized valves and pinch valves.

A total of XX figures / charts and XX tables are provided in this XX-page report to help in your business decisions. Sample figures with some insights are shown below.

To learn the scope, benefits, companies researched, and other details of the global automotive solenoid market report, please download the report brochure.

The study includes a forecast for the global automotive solenoid market by valve design, function, application, vehicle, and region, as follows:

By Valve Design [Value ($ Billion) and Volume (Million Units) from 2015 to 2026]:

2-way valve
3-way valve
4-way valve
5-way valve

By Function [Value ($ Billion) and Volume (Million Units) from 2015 to 2026]:

Fluid Control
Gas Control
Motion Control

By Application [Value ($ Billion) and Volume (Million Units) from 2015 to 2026]:

Engine control & cooling system
Fuel & Emission Control
Safety and Security
Body Control & Interiors
HVAC
Other Applications

By Vehicle [Value ($ Billion) and Volume (Million Units) from 2015 to 2026]:

Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles

By Region [Value ($ Billion) and Volume (Million Units) from 2015 to 2026]:

North America
United States
Canada
Mexico
Europe
Germany
United Kingdom
APAC
China
India
Japan
ROW
Middle East
Brazil

Some of the automotive solenoid companies profiled in this report include Robert Bosch GmbH, Hitachi Ltd., Mitsubishi Electric Corporation, Continental AG, Johnson Electric Holding, BorgWarner, and Delphi Automotive PLC.

Lucintel forecasts that motion control will remain the largest segment, and it is also expected to witness the highest growth over the forecast period because of increase in automation of body control applications in vehicles.

Within the global automotive solenoid market, the body control and interior segment is expected to witness the highest growth over the forecast period due to huge application in all automotive vehicles.

APAC is expected to remain the largest market and witness the highest growth over the forecast period due to increasing demand for automotive vehicles in this region.

Features of the Global Automotive Solenoid Market

Market Size Estimates: Global automotive solenoid market size estimation in terms of value ($M) and volume (million units) shipment.
Trend and Forecast Analysis: Market trends (2015-2020) and forecast (2021-2026) by various segments.
Segmentation Analysis: Global automotive solenoid market size by various segments, such as by design, function, application, and vehicle in terms of value.
Regional Analysis: Global automotive solenoid market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different by design, function, application, vehicle, and regions for the global automotive solenoid market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the global automotive solenoid market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions

Q.1 What are some of the most promising growth opportunities for the global automotive solenoid market by valve design (2-way valve, 3-way valve, 4-way valve, and 5-way valve), function (fluid control, gas control, motion control), application (engine control & cooling system, fuel & emission control, safety and security, body control & interiors, HVAC, and other applications), vehicle (passenger cars, light commercial vehicles, and heavy commercial vehicles), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.5 What are the business risks and competitive threats in this market?
Q.6 What are the emerging trends in this market and the reasons behind them?
Q.7 What are some of the changing demands of customers in the market?
Q.8 What are the new developments in the market and which companies are leading these developments?
Q.9 Who are the major players in this market? What strategic initiatives are being taken by key players for business growth?
Q.10 What are some of the competing products in this market and how big of a threat do they pose for loss of market share by product substitution?
Q.11 What M & A activity did occur in the last five years?

Report Scope

Key Features	Description
Base Year for Estimation	2020
Trend Period (Actual Estimates)	2015-2020
Forecast Period	2021-2026
Pages	210
Market Representation / Units	Revenue in US $ Million
Regional Scope	North America (USA, Mexico, and Canada), Europe (Germany and United Kingdom), Asia (China, Japan, and India), and ROW (Middle East and Brazil)
Report Coverage	Market Trends & Forecasts, Competitor Analysis, New Product Development, Company Expansion, Merger, Acquisitions & Joint Venture, and Company Profiling
Market Segments	Valve Design (2-way valve, 3-way valve, 4-way valve, and 5-way valve), Function (Fluid Control, Gas Control, Motion Control), Application (Engine Control & Cooling System, Fuel & Emission Control, Safety and Security, Body Control & Interiors, HVAC, and Other Application), Vehicle (Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle)
Customization	10% Customization without Any Additional Cost

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Table of Contents

1. Executive Summary

2. Market Background and Classifications

2.1: Introduction, Background, and Classifications

2.2: Supply Chain

2.3: Industry Drivers and Challenges

3. Market Trends and Forecast Analysis from 2015 to 2026

3.1: Macroeconomic Trends and Forecast

3.2: Global Automotive Solenoid Market Trends and Forecast

3.3: Global Automotive Solenoid Market by Valve Design

3.3.1: 2-way valve

3.3.2: 3-way valve

3.3.3: 4-way valve

3.3.5: 5-way valve

3.4: Global Automotive Solenoid Market by Function

3.4.1: Fluid Control

3.4.2: Gas Control

3.4.3: Motion Control

3.5: Global Automotive Solenoid Market by Application

3.5.1: Engine control & cooling system

3.5.2: Fuel & Emission Control

3.5.3: Safety and Security

3.5.4: Body Control & Interiors

3.5.5: HVAC

3.5.6: Other application

3.6: Global Automotive Solenoid Market by Vehicle

3.6.1: Passenger Car

3.6.2: Light Commercial Vehicle

3.6.3: Heavy Commercial Vehicle

4. Market Trends and Forecast Analysis by Region

4.1: Global Automotive Solenoid Market by Region

4.2: North American Automotive Solenoid Market

4.2.1: Market by Valve Design: 2-way Valve, 3-way Valve, 4-way Valve, and 5-way Valve

4.2.2: Market by Function: Fluid Control, Gas Control, Motion Control

4.2.3: Market by Application: Engine Control & Cooling System, Fuel & Emission Control, Safety and Security, Body Control & Interiors, HVAC, and Other Application

4.2.4: Market by Vehicle: Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle

4.2.5: The US Automotive Solenoid Market

4.2.6: Canadian Automotive Solenoid Market

4.2.7: Mexican Automotive Solenoid Market

4.3: European Automotive Solenoid Market

4.3.1: Market by Valve Design: 2-way Valve, 3-way Valve, 4-way Valve, and 5-way Valve

4.3.2: Market by Function: Fluid Control, Gas Control, Motion Control

4.3.3: Market by Application: Engine Control & Cooling System, Fuel & Emission Control, Safety and Security, Body Control & Interiors, HVAC, and Other Application

4.3.4: Market by Vehicle: Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle

4.3.5: Automotive Solenoid Market of the United Kingdom

4.3.6: German Automotive Solenoid Market

4.4: APAC Automotive Solenoid Market

4.4.1: Market by Valve Design: 2-way Valve, 3-way Valve, 4-way Valve, and 5-way Valve

4.4.2: Market by Function: Fluid Control, Gas Control, Motion Control

4.4.3: Market by Application: Engine Control & Cooling System, Fuel & Emission Control, Safety and Security, Body Control & Interiors, HVAC, and Other Application

4.4.4: Market by Vehicle: Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle

4.4.5: Chinese Automotive Solenoid Market

4.4.6: Japanese Automotive Solenoid Market

4.4.7: Indian Automotive Solenoid Market

4.5: ROW Automotive Solenoid Market

4.5.1: Market by Valve Design: 2-way Valve, 3-way Valve, 4-way Valve, and 5-way Valve

4.5.2: Market by Function: Fluid Control, Gas Control, Motion Control

4.5.3: Market by Application: Engine Control & Cooling System, Fuel & Emission Control, Safety and Security, Body Control & Interiors, HVAC, and Other Application

4.5.4: Market by Vehicle: Passenger Car, Light Commercial Vehicle, and Heavy Commercial Vehicle

4.5.5: Middle Eastern Automotive Solenoid Market

4.5.6: Brazilian Automotive Solenoid Market

5. Competitor Analysis

5.1: Product Portfolio Analysis

5.2: Market Share Analysis

5.3: Operational Integration

5.4: Geographical Reach

5.5: Porter’s Five Forces Analysis

6. Cost Structure Analysis

6.1: Raw Material Cost

6.2: Other Expenses

6.3: COGS

6.4: SG&A

6.5: EBITDA Margin

7. Growth Opportunities and Strategic Analysis

7.1: Growth Opportunity Analysis

7.1.1: Growth Opportunities for the Global Automotive Solenoid Market by Valve Design

7.1.2: Growth Opportunities for the Global Automotive Solenoid Market by Function

7.1.3: Growth Opportunities for the Global Automotive Solenoid Market by Application

7.1.4: Growth Opportunities for the Global Automotive Solenoid Market by Vehicle

7.1.5: Growth Opportunities for the Global Automotive Solenoid Market by Region

7.2: Emerging Trends in the Global Automotive Solenoid Market

7.3: Strategic Analysis

7.3.1: New Product Development

7.3.2: Capacity Expansion of the Global Automotive Solenoid Market

7.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Automotive Solenoid Market

7.3.4: Certification and Licensing

8. Company Profiles of Leading Players

8.1: Continental AG

8.2: Delphi Automotive PLC

8.3: Denso Corporation

8.4: Robert Bosch GmbH

8.5: Schaeffler AG

8.6: Nidec Corporation

8.7: Stoneridge Inc.

8.8: GKN

8.9: Johnson Electric Group

8.10: Wabco Holdings Inc.

8.11: Mitsubishi Electric Corporation

8.12: Borgwarner Inc.

8.13: Hitachi, Ltd

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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.

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