Automotive Solenoid Market

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• Automotive Solenoid Market to Touch 6.30 Billion
  USD by 2022

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The automotive solenoid market, in terms of
value, is projected to grow at a CAGR of 8.82
from 2017 to 2022. The market is estimated to be
USD 4.13 billion in 2017. In this study, 2016 has
been considered the base year and 2017 to 2022
the forecast period for estimating the market
size of the automotive solenoid market.The body
control and interiors segment of this market is
estimated to account for the largest market
share, in terms of value, in 2017. This segment
leads the automotive solenoid market due to its
application in all automotive vehicles passenger
vehicle or commercial vehicle that roll out of
the manufacturing unit. The second largest
market, by application, in 2017 is the engine
control and cooling system, followed by fuel and
emission control.
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Target Audience Of Automotive Solenoid Market

• Automotive solenoid manufacturers
• Automotive solenoid material suppliers
• Industry associations
• Industry experts
• Original equipment manufacturers (OEMs)

Automotive Solenoid Market, By Application

• Engine control cooling system
• Fuel Emission Control
• Safety and Security

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Scope Of The Automotive Solenoid Market

• Automotive Solenoid Market, By Vehicle Type
• Passenger vehicle
• Light commercial vehicle
• Heavy commercial vehicle

• Automotive Solenoid Market, By Function
• Fluid Control
• Gas Control
• Motion Control

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Key players of Automotive Solenoid Market

• Robert Bosch GmbH (Germany)
• Hitachi Ltd. (Japan)
• Mitsubishi Electric Corporation (Japan)
• Continental AG (Germany)
• Johnson Electric Holding (China)
• BorgWarner (U.S.)

Automotive Solenoid Market, By Function

• Fluid Control
• Gas Control
• Motion Control

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Asia-pacific largest market for the automotive
solenoid marketAsia-pacific is estimated to hold
the largest market share, in terms of value, of
the global automotive solenoid market in 2017.
The region comprises some of the fastest
developing economies in the world such as china,
india, and south korea. There has been a
significant increase in vehicle production
volumes over the years, with oems catering not
only to domestic demand but to overseas demand as
well.
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Browse 86 market data tables and 50 figures
spread through 171 pages and in-depth TOC
on "automotive solenoid market by application
(body control interiors, engine control
cooling system), vehicle type (PC, LCV, HCV),
electric vehicle type (BEV, HEV, PHEV, FCEV),
valve design, function and region - global
forecast to 2022"This study answers several
questions for the stakeholders, primarily which
market segments to focus on in the next two to
five years to prioritize efforts and investments.

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