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Automotive Solenoid Market By Vehicle Type, By Application, By Type: Global Opportunity Analysis and Industry Forecast, 2021-2031

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    Report

  • 284 Pages
  • May 2022
  • Region: Global
  • Allied Market Research
  • ID: 5640398
Description Jump to:
Automotive solenoids are electromechanically controlled valves. Automotive solenoids control the rate of flow of fluids (gas or liquid) in various automotive systems. Automotive solenoids work with electric current. Whenever the electricity flows through the solenoid coil will generate electromagnetic suction valve core (or overcome spring since the gravity). Automotive solenoids are commonly used to divert the flow of oil, water, gas and other material.

Factors, such as promising growth rate of the automotive sector, increasing adoption of electric vehicles and increasing demand for automated systems are expected to drive the automotive solenoid market growth during the forecast period. Initiatives by the government and prominent automotive OEMs is also expected to impact the automotive solenoid market optimistically. However, declining sales of diesel-based passenger vehicle coupled with fluctuation in raw material prices are expected to hinder the growth potential of the automotive solenoid market during the forecast period.

The Automotive Solenoid market is segmented on the basis of vehicle type, application, type, and region. Based on vehicle type, the market is classified into passenger vehicle, light commercial vehicle (LCV), heavy commercial vehicle (HCV), and electric vehicle. By application, the market is segmented into engine control, fuel and emission control, HVAC and others. By type, the market is divided into 2 Way Valve, 3 Way Valve, 4 Way Valve, and others. The market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA.

Prominent players profiled in this report includes Borgwarner Inc., Continental AG, Denso Corporation, Global Point Magnetics Asia Co. Ltd., Hitachi Ltd, Johnson Holdings Ltd., Mitsubishi Electric Corporation, Nidec Corporation, Padmini VNA Mechatronics Ltd and Robert Bosch GmbH.

The drivers, restraints, and opportunities present in the market are explained in the report, in addition to the analysis of their impact. The report includes the study of the automotive solenoid market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s five forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

Key Benefits For Stakeholders

  • This study presents analytical depiction of the global automotive solenoid analysis along with current the trends and future estimations to depict imminent investment pockets.
  • The overall automotive solenoid opportunity is determined by understanding profitable trends to gain a stronger foothold.
  • The report presents information related to the key drivers, restraints, and opportunities of the global automotive solenoid with a detailed impact analysis.
  • The current automotive solenoid is quantitatively analyzed from 2021 to 2031 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.

Key Market Segments


By Vehicle Type

  • Passenger Vehicle
  • LCV
  • HCV
  • Electric Vehicle

By Application

  • Engine Control
  • Fuel and Emission Control
  • HVAC
  • Others

By Type

  • 2-Way Valve
  • 3-Way Valve
  • 4-Way Valve
  • Others

By Region

  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • U.K.
  • Germany
  • France
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • Japan
  • India
  • South Korea
  • Rest Of Asia Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

Key Market Players

  • Robert Bosch GmbH
  • Hitachi Ltd.
  • Mitsubishi Electric Corporation
  • Continental AG
  • Johnson Electric Holding Ltd.
  • BorgWarner Inc.
  • Padmini VNA Mechatronics Pvt Ltd
  • Global Point Magnetics Asia Co. Ltd
  • Nidec Corporation
  • Denso corporation

Table of Contents

CHAPTER 1: INTRODUCTION
1.1. Report description
1.2. Key market segments
1.3. Key benefits to the stakeholders
1.4. Research Methodology
1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools and models
CHAPTER 2: EXECUTIVE SUMMARY
2.1. Key findings of the study
2.2. CXO Perspective
CHAPTER 3: MARKET OVERVIEW
3.1. Market definition and scope
3.2. Key findings
3.2.1. Top investment pockets
3.3. Porter’s five forces analysis
3.4. Top player positioning
3.5. Market dynamics
3.5.1. Drivers
3.5.2. Restraints
3.5.3. Opportunities
3.6. COVID-19 Impact Analysis on the market
CHAPTER 4: AUTOMOTIVE SOLENOID MARKET, BY VEHICLE TYPE
4.1 Overview
4.1.1 Market size and forecast
4.2 Passenger Vehicle
4.2.1 Key market trends, growth factors and opportunities
4.2.2 Market size and forecast, by region
4.2.3 Market analysis by country
4.3 LCV
4.3.1 Key market trends, growth factors and opportunities
4.3.2 Market size and forecast, by region
4.3.3 Market analysis by country
4.4 HCV
4.4.1 Key market trends, growth factors and opportunities
4.4.2 Market size and forecast, by region
4.4.3 Market analysis by country
4.5 Electric Vehicle
4.5.1 Key market trends, growth factors and opportunities
4.5.2 Market size and forecast, by region
4.5.3 Market analysis by country
CHAPTER 5: AUTOMOTIVE SOLENOID MARKET, BY APPLICATION
5.1 Overview
5.1.1 Market size and forecast
5.2 Engine Control
5.2.1 Key market trends, growth factors and opportunities
5.2.2 Market size and forecast, by region
5.2.3 Market analysis by country
5.3 Fuel and Emission Control
5.3.1 Key market trends, growth factors and opportunities
5.3.2 Market size and forecast, by region
5.3.3 Market analysis by country
5.4 HVAC
5.4.1 Key market trends, growth factors and opportunities
5.4.2 Market size and forecast, by region
5.4.3 Market analysis by country
5.5 Others
5.5.1 Key market trends, growth factors and opportunities
5.5.2 Market size and forecast, by region
5.5.3 Market analysis by country
CHAPTER 6: AUTOMOTIVE SOLENOID MARKET, BY TYPE
6.1 Overview
6.1.1 Market size and forecast
6.2 2-Way Valve
6.2.1 Key market trends, growth factors and opportunities
6.2.2 Market size and forecast, by region
6.2.3 Market analysis by country
6.3 3-Way Valve
6.3.1 Key market trends, growth factors and opportunities
6.3.2 Market size and forecast, by region
6.3.3 Market analysis by country
6.4 4-Way Valve
6.4.1 Key market trends, growth factors and opportunities
6.4.2 Market size and forecast, by region
6.4.3 Market analysis by country
6.5 Others
6.5.1 Key market trends, growth factors and opportunities
6.5.2 Market size and forecast, by region
6.5.3 Market analysis by country
CHAPTER 7: AUTOMOTIVE SOLENOID MARKET, BY REGION
7.1 Overview
7.1.1 Market size and forecast
7.2 North America
7.2.1 Key trends and opportunities
7.2.2 North America Market size and forecast, by Vehicle Type
7.2.3 North America Market size and forecast, by Application
7.2.4 North America Market size and forecast, by Type
7.2.5 North America Market size and forecast, by country
7.2.5.1 U.S.
7.2.5.1.1 Market size and forecast, by Vehicle Type
7.2.5.1.2 Market size and forecast, by Application
7.2.5.1.3 Market size and forecast, by Type
7.2.5.2 Canada
7.2.5.2.1 Market size and forecast, by Vehicle Type
7.2.5.2.2 Market size and forecast, by Application
7.2.5.2.3 Market size and forecast, by Type
7.2.5.3 Mexico
7.2.5.3.1 Market size and forecast, by Vehicle Type
7.2.5.3.2 Market size and forecast, by Application
7.2.5.3.3 Market size and forecast, by Type
7.3 Europe
7.3.1 Key trends and opportunities
7.3.2 Europe Market size and forecast, by Vehicle Type
7.3.3 Europe Market size and forecast, by Application
7.3.4 Europe Market size and forecast, by Type
7.3.5 Europe Market size and forecast, by country
7.3.5.1 U.K.
7.3.5.1.1 Market size and forecast, by Vehicle Type
7.3.5.1.2 Market size and forecast, by Application
7.3.5.1.3 Market size and forecast, by Type
7.3.5.2 Germany
7.3.5.2.1 Market size and forecast, by Vehicle Type
7.3.5.2.2 Market size and forecast, by Application
7.3.5.2.3 Market size and forecast, by Type
7.3.5.3 France
7.3.5.3.1 Market size and forecast, by Vehicle Type
7.3.5.3.2 Market size and forecast, by Application
7.3.5.3.3 Market size and forecast, by Type
7.3.5.4 Russia
7.3.5.4.1 Market size and forecast, by Vehicle Type
7.3.5.4.2 Market size and forecast, by Application
7.3.5.4.3 Market size and forecast, by Type
7.3.5.5 Rest of Europe
7.3.5.5.1 Market size and forecast, by Vehicle Type
7.3.5.5.2 Market size and forecast, by Application
7.3.5.5.3 Market size and forecast, by Type
7.4 Asia-Pacific
7.4.1 Key trends and opportunities
7.4.2 Asia-Pacific Market size and forecast, by Vehicle Type
7.4.3 Asia-Pacific Market size and forecast, by Application
7.4.4 Asia-Pacific Market size and forecast, by Type
7.4.5 Asia-Pacific Market size and forecast, by country
7.4.5.1 China
7.4.5.1.1 Market size and forecast, by Vehicle Type
7.4.5.1.2 Market size and forecast, by Application
7.4.5.1.3 Market size and forecast, by Type
7.4.5.2 Japan
7.4.5.2.1 Market size and forecast, by Vehicle Type
7.4.5.2.2 Market size and forecast, by Application
7.4.5.2.3 Market size and forecast, by Type
7.4.5.3 India
7.4.5.3.1 Market size and forecast, by Vehicle Type
7.4.5.3.2 Market size and forecast, by Application
7.4.5.3.3 Market size and forecast, by Type
7.4.5.4 South Korea
7.4.5.4.1 Market size and forecast, by Vehicle Type
7.4.5.4.2 Market size and forecast, by Application
7.4.5.4.3 Market size and forecast, by Type
7.4.5.5 Rest Of Asia Pacific
7.4.5.5.1 Market size and forecast, by Vehicle Type
7.4.5.5.2 Market size and forecast, by Application
7.4.5.5.3 Market size and forecast, by Type
7.5 LAMEA
7.5.1 Key trends and opportunities
7.5.2 LAMEA Market size and forecast, by Vehicle Type
7.5.3 LAMEA Market size and forecast, by Application
7.5.4 LAMEA Market size and forecast, by Type
7.5.5 LAMEA Market size and forecast, by country
7.5.5.1 Latin America
7.5.5.1.1 Market size and forecast, by Vehicle Type
7.5.5.1.2 Market size and forecast, by Application
7.5.5.1.3 Market size and forecast, by Type
7.5.5.2 Middle East
7.5.5.2.1 Market size and forecast, by Vehicle Type
7.5.5.2.2 Market size and forecast, by Application
7.5.5.2.3 Market size and forecast, by Type
7.5.5.3 Africa
7.5.5.3.1 Market size and forecast, by Vehicle Type
7.5.5.3.2 Market size and forecast, by Application
7.5.5.3.3 Market size and forecast, by Type
CHAPTER 8: COMPANY LANDSCAPE
8.1. Introduction
8.2. Top winning strategies
8.3. Product Mapping of Top 10 Player
8.4. Competitive Dashboard
8.5. Competitive Heatmap
8.6. Key developments
CHAPTER 9: COMPANY PROFILES
9.1 Robert Bosch GmbH
9.1.1 Company overview
9.1.2 Company snapshot
9.1.3 Operating business segments
9.1.4 Product portfolio
9.1.5 Business performance
9.1.6 Key strategic moves and developments
9.2 Hitachi Ltd.
9.2.1 Company overview
9.2.2 Company snapshot
9.2.3 Operating business segments
9.2.4 Product portfolio
9.2.5 Business performance
9.2.6 Key strategic moves and developments
9.3 Mitsubishi Electric Corporation
9.3.1 Company overview
9.3.2 Company snapshot
9.3.3 Operating business segments
9.3.4 Product portfolio
9.3.5 Business performance
9.3.6 Key strategic moves and developments
9.4 Continental AG
9.4.1 Company overview
9.4.2 Company snapshot
9.4.3 Operating business segments
9.4.4 Product portfolio
9.4.5 Business performance
9.4.6 Key strategic moves and developments
9.5 Johnson Electric Holding Ltd.
9.5.1 Company overview
9.5.2 Company snapshot
9.5.3 Operating business segments
9.5.4 Product portfolio
9.5.5 Business performance
9.5.6 Key strategic moves and developments
9.6 BorgWarner Inc.
9.6.1 Company overview
9.6.2 Company snapshot
9.6.3 Operating business segments
9.6.4 Product portfolio
9.6.5 Business performance
9.6.6 Key strategic moves and developments
9.7 Padmini VNA Mechatronics Pvt Ltd
9.7.1 Company overview
9.7.2 Company snapshot
9.7.3 Operating business segments
9.7.4 Product portfolio
9.7.5 Business performance
9.7.6 Key strategic moves and developments
9.8 Global Point Magnetics Asia Co. Ltd
9.8.1 Company overview
9.8.2 Company snapshot
9.8.3 Operating business segments
9.8.4 Product portfolio
9.8.5 Business performance
9.8.6 Key strategic moves and developments
9.9 Nidec Corporation
9.9.1 Company overview
9.9.2 Company snapshot
9.9.3 Operating business segments
9.9.4 Product portfolio
9.9.5 Business performance
9.9.6 Key strategic moves and developments
9.10 Denso corporation
9.10.1 Company overview
9.10.2 Company snapshot
9.10.3 Operating business segments
9.10.4 Product portfolio
9.10.5 Business performance
9.10.6 Key strategic moves and developments
LIST OF TABLES
Table 1. Global Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 2. Automotive Solenoid Market Revenue, for Passenger Vehicle, by Region, 2021-2031, ($Million)
Table 3. Automotive Solenoid Market for Passenger Vehicle by Country, 2021-2031, ($Million)
Table 4. Automotive Solenoid Market Revenue, for Lcv, by Region, 2021-2031, ($Million)
Table 5. Automotive Solenoid Market for Lcv by Country, 2021-2031, ($Million)
Table 6. Automotive Solenoid Market Revenue, for Hcv, by Region, 2021-2031, ($Million)
Table 7. Automotive Solenoid Market for Hcv by Country, 2021-2031, ($Million)
Table 8. Automotive Solenoid Market Revenue, for Electric Vehicle, by Region, 2021-2031, ($Million)
Table 9. Automotive Solenoid Market for Electric Vehicle by Country, 2021-2031, ($Million)
Table 10. Global Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 11. Automotive Solenoid Market Revenue, for Engine Control, by Region, 2021-2031, ($Million)
Table 12. Automotive Solenoid Market for Engine Control by Country, 2021-2031, ($Million)
Table 13. Automotive Solenoid Market Revenue, for Fuel and Emission Control, by Region, 2021-2031, ($Million)
Table 14. Automotive Solenoid Market for Fuel and Emission Control by Country, 2021-2031, ($Million)
Table 15. Automotive Solenoid Market Revenue, for HVAC, by Region, 2021-2031, ($Million)
Table 16. Automotive Solenoid Market for HVAC by Country, 2021-2031, ($Million)
Table 17. Automotive Solenoid Market Revenue, for Others, by Region, 2021-2031, ($Million)
Table 18. Automotive Solenoid Market for Others by Country, 2021-2031, ($Million)
Table 19. Global Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 20. Automotive Solenoid Market Revenue, for 2-Way Valve, by Region, 2021-2031, ($Million)
Table 21. Automotive Solenoid Market for 2-Way Valve by Country, 2021-2031, ($Million)
Table 22. Automotive Solenoid Market Revenue, for 3-Way Valve, by Region, 2021-2031, ($Million)
Table 23. Automotive Solenoid Market for 3-Way Valve by Country, 2021-2031, ($Million)
Table 24. Automotive Solenoid Market Revenue, for 4-Way Valve, by Region, 2021-2031, ($Million)
Table 25. Automotive Solenoid Market for 4-Way Valve by Country, 2021-2031, ($Million)
Table 26. Automotive Solenoid Market Revenue, for Others, by Region, 2021-2031, ($Million)
Table 27. Automotive Solenoid Market for Others by Country, 2021-2031, ($Million)
Table 28. Automotive Solenoid Market, by Region, 2021-2031, ($Million)
Table 29. North America Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 30. North America Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 31. North America Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 32. North America Automotive Solenoid Market, by Country, 2021-2031, ($Million)
Table 33. U.S. Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 34. U.S. Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 35. U.S. Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 36. Canada Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 37. Canada Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 38. Canada Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 39. Mexico Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 40. Mexico Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 41. Mexico Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 42. Europe Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 43. Europe Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 44. Europe Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 45. Europe Automotive Solenoid Market, by Country, 2021-2031, ($Million)
Table 46. U.K. Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 47. U.K. Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 48. U.K. Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 49. Germany Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 50. Germany Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 51. Germany Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 52. France Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 53. France Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 54. France Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 55. Russia Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 56. Russia Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 57. Russia Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 58. Rest of Europe Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 59. Rest of Europe Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 60. Rest of Europe Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 61. Asia-Pacific Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 62. Asia-Pacific Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 63. Asia-Pacific Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 64. Asia-Pacific Automotive Solenoid Market, by Country, 2021-2031, ($Million)
Table 65. China Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 66. China Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 67. China Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 68. Japan Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 69. Japan Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 70. Japan Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 71. India Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 72. India Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 73. India Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 74. South Korea Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 75. South Korea Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 76. South Korea Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 77. Rest of Asia-Pacific Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 78. Rest of Asia-Pacific Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 79. Rest of Asia-Pacific Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 80. LAMEA Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 81. LAMEA Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 82. LAMEA Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 83. LAMEA Automotive Solenoid Market, by Country, 2021-2031, ($Million)
Table 84. Latin America Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 85. Latin America Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 86. Latin America Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 87. Middle East Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 88. Middle East Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 89. Middle East Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 90. Africa Automotive Solenoid Market, by Vehicle Type, 2021-2031, ($Million)
Table 91. Africa Automotive Solenoid Market, by Application, 2021-2031, ($Million)
Table 92. Africa Automotive Solenoid Market, by Type, 2021-2031, ($Million)
Table 93. Robert Bosch GmbH: Company Snapshot
Table 94. Robert Bosch GmbH: Operating Segments
Table 95. Robert Bosch GmbH: Product Portfolio
Table 96. Robert Bosch GmbH: Net Sales
Table 97. Robert Bosch GmbH: Key Stratergies
Table 98. Hitachi Ltd.: Company Snapshot
Table 99. Hitachi Ltd.: Operating Segments
Table 100. Hitachi Ltd.: Product Portfolio
Table 101. Hitachi Ltd.: Net Sales
Table 102. Hitachi Ltd.: Key Stratergies
Table 103. Mitsubishi Electric Corporation: Company Snapshot
Table 104. Mitsubishi Electric Corporation: Operating Segments
Table 105. Mitsubishi Electric Corporation: Product Portfolio
Table 106. Mitsubishi Electric Corporation: Net Sales
Table 107. Mitsubishi Electric Corporation: Key Stratergies
Table 108. Continental Ag: Company Snapshot
Table 109. Continental Ag: Operating Segments
Table 110. Continental Ag: Product Portfolio
Table 111. Continental Ag: Net Sales
Table 112. Continental Ag: Key Stratergies
Table 113. Johnson Electric Holding Ltd.: Company Snapshot
Table 114. Johnson Electric Holding Ltd.: Operating Segments
Table 115. Johnson Electric Holding Ltd.: Product Portfolio
Table 116. Johnson Electric Holding Ltd.: Net Sales
Table 117. Johnson Electric Holding Ltd.: Key Stratergies
Table 118. Borgwarner Inc.: Company Snapshot
Table 119. Borgwarner Inc.: Operating Segments
Table 120. Borgwarner Inc.: Product Portfolio
Table 121. Borgwarner Inc.: Net Sales
Table 122. Borgwarner Inc.: Key Stratergies
Table 123. Padmini Vna Mechatronics Pvt Ltd: Company Snapshot
Table 124. Padmini Vna Mechatronics Pvt Ltd: Operating Segments
Table 125. Padmini Vna Mechatronics Pvt Ltd: Product Portfolio
Table 126. Padmini Vna Mechatronics Pvt Ltd: Net Sales
Table 127. Padmini Vna Mechatronics Pvt Ltd: Key Stratergies
Table 128. Global Point Magnetics Asia Co. Ltd: Company Snapshot
Table 129. Global Point Magnetics Asia Co. Ltd: Operating Segments
Table 130. Global Point Magnetics Asia Co. Ltd: Product Portfolio
Table 131. Global Point Magnetics Asia Co. Ltd: Net Sales
Table 132. Global Point Magnetics Asia Co. Ltd: Key Stratergies
Table 133. Nidec Corporation: Company Snapshot
Table 134. Nidec Corporation: Operating Segments
Table 135. Nidec Corporation: Product Portfolio
Table 136. Nidec Corporation: Net Sales
Table 137. Nidec Corporation: Key Stratergies
Table 138. Denso Corporation: Company Snapshot
Table 139. Denso Corporation: Operating Segments
Table 140. Denso Corporation: Product Portfolio
Table 141. Denso Corporation: Net Sales
Table 142. Denso Corporation: Key Stratergies
LIST OF FIGURES
Figure 1. Automotive Solenoid Market Segmentation
Figure 2. Automotive Solenoid Market, 2021-2031
Figure 3. Automotive Solenoid Market, 2021-2031
Figure 4. Top Investment Pockets, by Region
Figure 5. Porter Five-1
Figure 6. Porter Five-2
Figure 7. Porter Five-3
Figure 8. Porter Five-4
Figure 9. Porter Five-5
Figure 10. Top Player Positioning
Figure 11. Automotive Solenoid Market:Drivers, Restraints and Opportunities
Figure 12. Automotive Solenoid Market, by Vehicle Type, 2021 (%)
Figure 13. Comparative Share Analysis of Passenger Vehicle Automotive Solenoid Market, 2021-2031 (%)
Figure 14. Comparative Share Analysis of Lcv Automotive Solenoid Market, 2021-2031 (%)
Figure 15. Comparative Share Analysis of Hcv Automotive Solenoid Market, 2021-2031 (%)
Figure 16. Comparative Share Analysis of Electric Vehicle Automotive Solenoid Market, 2021-2031 (%)
Figure 17. Automotive Solenoid Market, by Application, 2021 (%)
Figure 18. Comparative Share Analysis of Engine Control Automotive Solenoid Market, 2021-2031 (%)
Figure 19. Comparative Share Analysis of Fuel and Emission Control Automotive Solenoid Market, 2021-2031 (%)
Figure 20. Comparative Share Analysis of HVAC Automotive Solenoid Market, 2021-2031 (%)
Figure 21. Comparative Share Analysis of Others Automotive Solenoid Market, 2021-2031 (%)
Figure 22. Automotive Solenoid Market, by Type, 2021 (%)
Figure 23. Comparative Share Analysis of 2-Way Valve Automotive Solenoid Market, 2021-2031 (%)
Figure 24. Comparative Share Analysis of 3-Way Valve Automotive Solenoid Market, 2021-2031 (%)
Figure 25. Comparative Share Analysis of 4-Way Valve Automotive Solenoid Market, 2021-2031 (%)
Figure 26. Comparative Share Analysis of Others Automotive Solenoid Market, 2021-2031 (%)
Figure 27. Automotive Solenoid Market by Region, 2021
Figure 28. U.S. Automotive Solenoid Market, 2021-2031 ($Million)
Figure 29. Canada Automotive Solenoid Market, 2021-2031 ($Million)
Figure 30. Mexico Automotive Solenoid Market, 2021-2031 ($Million)
Figure 31. U.K. Automotive Solenoid Market, 2021-2031 ($Million)
Figure 32. Germany Automotive Solenoid Market, 2021-2031 ($Million)
Figure 33. France Automotive Solenoid Market, 2021-2031 ($Million)
Figure 34. Russia Automotive Solenoid Market, 2021-2031 ($Million)
Figure 35. Rest of Europe Automotive Solenoid Market, 2021-2031 ($Million)
Figure 36. China Automotive Solenoid Market, 2021-2031 ($Million)
Figure 37. Japan Automotive Solenoid Market, 2021-2031 ($Million)
Figure 38. India Automotive Solenoid Market, 2021-2031 ($Million)
Figure 39. South Korea Automotive Solenoid Market, 2021-2031 ($Million)
Figure 40. Rest of Asia-Pacific Automotive Solenoid Market, 2021-2031 ($Million)
Figure 41. Latin America Automotive Solenoid Market, 2021-2031 ($Million)
Figure 42. Middle East Automotive Solenoid Market, 2021-2031 ($Million)
Figure 43. Africa Automotive Solenoid Market, 2021-2031 ($Million)
Figure 44. Top Winning Strategies, by Year
Figure 45. Top Winning Strategies, by Development
Figure 46. Top Winning Strategies, by Company
Figure 47. Product Mapping of Top 10 Players
Figure 48. Competitive Dashboard
Figure 49. Competitive Heatmap of Top 10 Key Players
Figure 50. Robert Bosch GmbH.: Net Sales, ($Million)
Figure 51. Hitachi Ltd. Net Sales, ($Million)
Figure 52. Mitsubishi Electric Corporation.: Net Sales, ($Million)
Figure 53. Continental AG.: Net Sales, ($Million)
Figure 54. Johnson Electric Holding Ltd. Net Sales, ($Million)
Figure 55. Borgwarner Inc. Net Sales, ($Million)
Figure 56. Padmini Vna Mechatronics Pvt Ltd.: Net Sales, ($Million)
Figure 57. Global Point Magnetics Asia Co. Ltd.: Net Sales, ($Million)
Figure 58. Nidec Corporation.: Net Sales, ($Million)
Figure 59. Denso Corporation.: Net Sales, ($Million)

Executive Summary

According to this report titled, 'Automotive Solenoid Market,' the automotive solenoid market was valued at $4.6 billion in 2021, and is estimated to reach $7.6 billion by 2031, growing at a CAGR of 5.3% from 2022 to 2031.

Presently, the global automotive solenoid market is dominated by North America followed by North America, Europe, and LAMEA. In Asia-Pacific, the market is mainly driven by China owing to the optimistic market scenario for automotive industry in the region. In North America, US is foreseen to witness considerable growth in automotive solenoid market during the forecast period.

The automotive solenoid market is segmented on the basis of vehicle type, application, type and region. Based on vehicle type, the market is classified into Passenger Vehicle, light commercial vehicle (LCV), heavy commercial vehicle (HCV), and electric vehicle. By application, the market is segmented into engine control, fuel and emission control, HVAC and others. By type, the market is divided into 2 Way Valve, 3 Way Valve, 4 Way Valve, and others. The market is analyzed based on four regions, namely North America, Europe, Asia-Pacific, and LAMEA.

Furthermore, the significant factors impacting the demand for automotive solenoid are growing automotive sector, astonishing adoption rate of electric vehicle across the globe coupled with increasing demand for automated system. However, factors such as declining sales for diesel-based vehicles coupled with fluctuation in raw material prices are estimated to hamper the growth potential of the automotive solenoid market during the forecast period. Also, growing inclination toward autonomous vehicle with rising automation in the automotive manufacturing are expected to provide better opportunity for the growth of the automotive solenoid market during the forecast period.

COVID-19 Impact Analysis

COVID-19 has presented the world with an unprecedented economic, humanitarian, and healthcare challenge. Lockdown measures have helped to contain the spread of coronavirus, but exacted an immense economic toll. On the business side, the aerospace sector is one of the considerably hit sectors. Following the pattern witnessed in countries where COVID-19 spread earlier, lockdown measures and other restrictions have impacted the automotive sector considerably. Furthermore, coronavirus has introduced unexpected challenges within the automotive sector. However, With the relaxation of lockdown measures and the consequent opening of markets across the world, the demand for automotive solenoid is anticipated to grow considerably in the near future.

Key findings of the Study

  • By vehicle type, the passenger vehicle segment dominated the global automotive solenoid market in 2021, in terms of revenue.
  • By application, the fuel and emission control segment is expected to register significant growth, registering a CAGR of 5.4% during the forecast period.
  • By region, Asia-Pacific dominated the global automotive solenoid market in 2021 in terms of market share.
  • The prominent players profiled in this report includes Borgwarner Inc., Continental AG, Denso corporation, Global Point Magnetics Asia Co. Ltd., Hitachi Ltd, Johnson Holdings Ltd., Mitsubishi Electric Corporation, Nidec Corporation, Padmini VNA Mechatronics Ltd and Robert Bosch GmbH

Companies Mentioned

  • Robert Bosch GmbH
  • Hitachi Ltd.
  • Mitsubishi Electric Corporation
  • Continental AG
  • Johnson Electric Holding Ltd.
  • BorgWarner Inc.
  • Padmini VNA Mechatronics Pvt Ltd
  • Global Point Magnetics Asia Co. Ltd
  • Nidec Corporation
  • Denso corporation

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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