Automotive Solenoid Market Size, Competitive Landscape, Regional Outlook and Driving Factors Analysis 2020

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Automotive Solenoid Market Size, Competitive Landscape, Regional Outlook and Driving Factors Analysis 2020

September 15
03:43 2020

Automotive Solenoid Market applies the most effective of each primary and secondary analysis to weighs upon the competitive landscape and also the outstanding market players expected to dominate Automotive Solenoid Market place for the forecast 2019– 2025.

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Scope of The Automotive Solenoid Market Report:

The increasing demand for electricity conservation has been used in a way that doesn’t impact the fuel efficiency; this makes the solenoids a lot more important in the automobile industry. This results in the growth of the global automotive solenoids market.

The automotive solenoids are employed for the broad range applications like the automatic transmission and for the starting of a car. The solenoid in the automobiles has been a major piece of the starter and their functions which is a sort of the contact for the power of reaching the starter from this respective battery. With the generation of the vehicles seeing an expansion at the rate of endurance, so it is in the favor of the manufacturers’ solenoids. One more factor which is going to probably pick the force up is the utilization of the solenoid in programmed transmission of the automobiles. The solenoid refers to mainly a coil which is enfolded around the helix which is resolutely packed. When this is explained in the physical science terms, it’s again a coil, the length of which is more than the diameter as well as the coil which is enveloped around the core which is metallic and it produces a magnetic field which is smooth at a time when this electric current is moving through this solenoid.

The global automotive solenoid market has been segmented on the basis of the vehicle type, function, geography and application. In terms of the function, this market has been segregated into the gas control, fluid control as well as motion control. The segment of motion control in the segment of the global automotive solenoid market because of the growing prevalence of the automation of the applications of body control in the vehicle. 

In terms of the vehicle type, the global automotive solenoid market may be divided into the commercial vehicles, passenger vehicles and the electric vehicles. The segment of passenger vehicles has been accounting for the biggest share in the market and this was because of the number of the passenger vehicles and also in the other vehicles, the automotive solenoids have been used. The segment of electric vehicles has most likely been used for the cars of the electric vehicles has been gaining the momentum because of the higher number of the solenoids for being used in a car.

On the basis of the application, the global automotive solenoid market has been classified into the cooling system and engine control, emission control, interiors and body control as well as security and safety.

Automotive Solenoid Manufacturers:

The major players which have been operating in the global automotive solenoid market are,

  • Continental Ag
  • Robert Bosch GmbH
  • Hitachi Ltd.
  • Mitsubishi Electric Corporation
  • BorgWarner 
  • Johnson Electric Holding.

 Automotive Solenoid Market Key Market Segments:

By Vehicle Type: Passenger vehicle, Light commercial vehicle, Heavy commercial vehicle

By Electric Vehicle Type: BEV, HEV, PHEV, FCEV

By Application: Engine control & cooling system, Fuel & Emission Control, Safety and Security, Body Control & Interiors, HVAC, Other

By Function: Fluid Control, Gas Control, Motion Control

By Valve Design: 2-way valve, 3-way valve, 4-way valve, 5-way valve

Rise in demand of automation driving the global automotive solenoid market

The rise in the demand for the automation systems are providing the higher fuel efficiency and is downsizing the engine without the affecting of the overall effectiveness of the engine and also driving the market toward the rapid amount of development. The increasing demand for the conserving of electricity has been using in a manner which does not affect the efficiency of fuel makes the solenoids a lot more important in the automobile industry which is leading the exponential market growth. Although, the larger setups required for the maintenance and production are restraining the growth of the market. The global automotive solenoid market has been growing in the world for the last few years and has been growing in the next few years as well.

Asia Pacific to see maximum growth in the global automotive solenoid market

As far as the region is concerned, this global automotive solenoid market has been the segment of the Latin America, Asia Pacific, Europe, North America and the Middle East & Africa. The regions of the Asia Pacific has been expected to dominate the global automotive solenoid market in the period of forecast. The region has been consisted of a few of the developing countries including South Korea, India and China. All the growth is owing to the rise in the demand for the automation systems.

Market by Regional Analysis

North America (USA, Canada, Mexico), Europe (UK, France, Germany, Russia, Rest of Europe), Asia-Pacific (China, South Korea, India, Japan, Rest of Asia-Pacific), LAMEA, Latin America, Middle East, Africa

 

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