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Automotive Solenoids-Global Market Insights and Sales Trends 2024
Synopsis
Automotive Solenoids may be employed for a broad range of purposes such as automatic transmission and for starting the car. A solenoid in automobiles is a crucial piece of the starter and it functions as a sort of contact for power to reach the starter from the respective battery. As the generation of vehicles is expanding at an enduring rate, so is the interest of manufacturers’ solenoids.
The global Automotive Solenoids market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Solenoids in various end use industries. The expanding demands from the Engine Management System, Powertrain System, Safety and Security System and HVAC Control, are propelling Automotive Solenoids market. 2-Way Valve, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 3-Way Valve segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Solenoids, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Solenoids market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Solenoids market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Solenoids sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Solenoids covered in this report include Johnson Electric Holdings Limited, Flex Ltd, DENSO Corporation, Robert Bosch GmbH, Mitsubishi Electric Corporation, BorgWarner Inc, TLX Technologies, Hitachi Ltd and GW Lisk Company, etc.
The global Automotive Solenoids market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Johnson Electric Holdings Limited
Flex Ltd
DENSO Corporation
Robert Bosch GmbH
Mitsubishi Electric Corporation
BorgWarner Inc
TLX Technologies
Hitachi Ltd
GW Lisk Company
Continental AG
Littlefuse
Bitron Industrie SpA
Global Automotive Solenoids market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Solenoids market, Segment by Type:
2-Way Valve
3-Way Valve
4-Way Valve
5-Way Valve
Global Automotive Solenoids market, by Application
Engine Management System
Powertrain System
Safety and Security System
HVAC Control
Cooling System
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Solenoids manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Solenoids in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Automotive Solenoids may be employed for a broad range of purposes such as automatic transmission and for starting the car. A solenoid in automobiles is a crucial piece of the starter and it functions as a sort of contact for power to reach the starter from the respective battery. As the generation of vehicles is expanding at an enduring rate, so is the interest of manufacturers’ solenoids.
The global Automotive Solenoids market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Automotive Solenoids in various end use industries. The expanding demands from the Engine Management System, Powertrain System, Safety and Security System and HVAC Control, are propelling Automotive Solenoids market. 2-Way Valve, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the 3-Way Valve segment is estimated at % CAGR for the next seven-year period.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Automotive Solenoids, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Automotive Solenoids market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Automotive Solenoids market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Automotive Solenoids sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Automotive Solenoids covered in this report include Johnson Electric Holdings Limited, Flex Ltd, DENSO Corporation, Robert Bosch GmbH, Mitsubishi Electric Corporation, BorgWarner Inc, TLX Technologies, Hitachi Ltd and GW Lisk Company, etc.
The global Automotive Solenoids market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Johnson Electric Holdings Limited
Flex Ltd
DENSO Corporation
Robert Bosch GmbH
Mitsubishi Electric Corporation
BorgWarner Inc
TLX Technologies
Hitachi Ltd
GW Lisk Company
Continental AG
Littlefuse
Bitron Industrie SpA
Global Automotive Solenoids market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Automotive Solenoids market, Segment by Type:
2-Way Valve
3-Way Valve
4-Way Valve
5-Way Valve
Global Automotive Solenoids market, by Application
Engine Management System
Powertrain System
Safety and Security System
HVAC Control
Cooling System
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Automotive Solenoids manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Automotive Solenoids in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Automotive Solenoids Market Overview
1.1 Automotive Solenoids Product Overview
1.2 Automotive Solenoids Market Segment by Type
1.2.1 2-Way Valve
1.2.2 3-Way Valve
1.2.3 4-Way Valve
1.2.4 5-Way Valve
1.3 Global Automotive Solenoids Market Size by Type
1.3.1 Global Automotive Solenoids Market Size Overview by Type (2018-2029)
1.3.2 Global Automotive Solenoids Historic Market Size Review by Type (2018-2023)
1.3.3 Global Automotive Solenoids Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Automotive Solenoids Sales Breakdown by Type (2018-2023)
1.4.2 Europe Automotive Solenoids Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Automotive Solenoids Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Automotive Solenoids Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Automotive Solenoids Sales Breakdown by Type (2018-2023)
2 Global Automotive Solenoids Market Competition by Company
2.1 Global Top Players by Automotive Solenoids Sales (2018-2023)
2.2 Global Top Players by Automotive Solenoids Revenue (2018-2023)
2.3 Global Top Players by Automotive Solenoids Price (2018-2023)
2.4 Global Top Manufacturers Automotive Solenoids Manufacturing Base Distribution, Sales Area, Product Type
2.5 Automotive Solenoids Market Competitive Situation and Trends
2.5.1 Automotive Solenoids Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Automotive Solenoids Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Automotive Solenoids as of 2022)
2.7 Date of Key Manufacturers Enter into Automotive Solenoids Market
2.8 Key Manufacturers Automotive Solenoids Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Automotive Solenoids Status and Outlook by Region
3.1 Global Automotive Solenoids Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Solenoids Historic Market Size by Region
3.2.1 Global Automotive Solenoids Sales in Volume by Region (2018-2023)
3.2.2 Global Automotive Solenoids Sales in Value by Region (2018-2023)
3.2.3 Global Automotive Solenoids Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Automotive Solenoids Forecasted Market Size by Region
3.3.1 Global Automotive Solenoids Sales in Volume by Region (2024-2029)
3.3.2 Global Automotive Solenoids Sales in Value by Region (2024-2029)
3.3.3 Global Automotive Solenoids Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Automotive Solenoids by Application
4.1 Automotive Solenoids Market Segment by Application
4.1.1 Engine Management System
4.1.2 Powertrain System
4.1.3 Safety and Security System
4.1.4 HVAC Control
4.1.5 Cooling System
4.1.6 Others
4.2 Global Automotive Solenoids Market Size by Application
4.2.1 Global Automotive Solenoids Market Size Overview by Application (2018-2029)
4.2.2 Global Automotive Solenoids Historic Market Size Review by Application (2018-2023)
4.2.3 Global Automotive Solenoids Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Automotive Solenoids Sales Breakdown by Application (2018-2023)
4.3.2 Europe Automotive Solenoids Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Automotive Solenoids Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Automotive Solenoids Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Automotive Solenoids Sales Breakdown by Application (2018-2023)
5 North America Automotive Solenoids by Country
5.1 North America Automotive Solenoids Historic Market Size by Country
5.1.1 North America Automotive Solenoids Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Automotive Solenoids Sales in Volume by Country (2018-2023)
5.1.3 North America Automotive Solenoids Sales in Value by Country (2018-2023)
5.2 North America Automotive Solenoids Forecasted Market Size by Country
5.2.1 North America Automotive Solenoids Sales in Volume by Country (2024-2029)
5.2.2 North America Automotive Solenoids Sales in Value by Country (2024-2029)
6 Europe Automotive Solenoids by Country
6.1 Europe Automotive Solenoids Historic Market Size by Country
6.1.1 Europe Automotive Solenoids Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Automotive Solenoids Sales in Volume by Country (2018-2023)
6.1.3 Europe Automotive Solenoids Sales in Value by Country (2018-2023)
6.2 Europe Automotive Solenoids Forecasted Market Size by Country
6.2.1 Europe Automotive Solenoids Sales in Volume by Country (2024-2029)
6.2.2 Europe Automotive Solenoids Sales in Value by Country (2024-2029)
7 Asia-Pacific Automotive Solenoids by Region
7.1 Asia-Pacific Automotive Solenoids Historic Market Size by Region
7.1.1 Asia-Pacific Automotive Solenoids Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Automotive Solenoids Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Automotive Solenoids Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Automotive Solenoids Forecasted Market Size by Region
7.2.1 Asia-Pacific Automotive Solenoids Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Automotive Solenoids Sales in Value by Region (2024-2029)
8 Latin America Automotive Solenoids by Country
8.1 Latin America Automotive Solenoids Historic Market Size by Country
8.1.1 Latin America Automotive Solenoids Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Automotive Solenoids Sales in Volume by Country (2018-2023)
8.1.3 Latin America Automotive Solenoids Sales in Value by Country (2018-2023)
8.2 Latin America Automotive Solenoids Forecasted Market Size by Country
8.2.1 Latin America Automotive Solenoids Sales in Volume by Country (2024-2029)
8.2.2 Latin America Automotive Solenoids Sales in Value by Country (2024-2029)
9 Middle East and Africa Automotive Solenoids by Country
9.1 Middle East and Africa Automotive Solenoids Historic Market Size by Country
9.1.1 Middle East and Africa Automotive Solenoids Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Automotive Solenoids Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Automotive Solenoids Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Automotive Solenoids Forecasted Market Size by Country
9.2.1 Middle East and Africa Automotive Solenoids Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Automotive Solenoids Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Johnson Electric Holdings Limited
10.1.1 Johnson Electric Holdings Limited Company Information
10.1.2 Johnson Electric Holdings Limited Introduction and Business Overview
10.1.3 Johnson Electric Holdings Limited Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Johnson Electric Holdings Limited Automotive Solenoids Products Offered
10.1.5 Johnson Electric Holdings Limited Recent Development
10.2 Flex Ltd
10.2.1 Flex Ltd Company Information
10.2.2 Flex Ltd Introduction and Business Overview
10.2.3 Flex Ltd Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Flex Ltd Automotive Solenoids Products Offered
10.2.5 Flex Ltd Recent Development
10.3 DENSO Corporation
10.3.1 DENSO Corporation Company Information
10.3.2 DENSO Corporation Introduction and Business Overview
10.3.3 DENSO Corporation Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DENSO Corporation Automotive Solenoids Products Offered
10.3.5 DENSO Corporation Recent Development
10.4 Robert Bosch GmbH
10.4.1 Robert Bosch GmbH Company Information
10.4.2 Robert Bosch GmbH Introduction and Business Overview
10.4.3 Robert Bosch GmbH Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Robert Bosch GmbH Automotive Solenoids Products Offered
10.4.5 Robert Bosch GmbH Recent Development
10.5 Mitsubishi Electric Corporation
10.5.1 Mitsubishi Electric Corporation Company Information
10.5.2 Mitsubishi Electric Corporation Introduction and Business Overview
10.5.3 Mitsubishi Electric Corporation Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Mitsubishi Electric Corporation Automotive Solenoids Products Offered
10.5.5 Mitsubishi Electric Corporation Recent Development
10.6 BorgWarner Inc
10.6.1 BorgWarner Inc Company Information
10.6.2 BorgWarner Inc Introduction and Business Overview
10.6.3 BorgWarner Inc Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.6.4 BorgWarner Inc Automotive Solenoids Products Offered
10.6.5 BorgWarner Inc Recent Development
10.7 TLX Technologies
10.7.1 TLX Technologies Company Information
10.7.2 TLX Technologies Introduction and Business Overview
10.7.3 TLX Technologies Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.7.4 TLX Technologies Automotive Solenoids Products Offered
10.7.5 TLX Technologies Recent Development
10.8 Hitachi Ltd
10.8.1 Hitachi Ltd Company Information
10.8.2 Hitachi Ltd Introduction and Business Overview
10.8.3 Hitachi Ltd Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Hitachi Ltd Automotive Solenoids Products Offered
10.8.5 Hitachi Ltd Recent Development
10.9 GW Lisk Company
10.9.1 GW Lisk Company Company Information
10.9.2 GW Lisk Company Introduction and Business Overview
10.9.3 GW Lisk Company Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.9.4 GW Lisk Company Automotive Solenoids Products Offered
10.9.5 GW Lisk Company Recent Development
10.10 Continental AG
10.10.1 Continental AG Company Information
10.10.2 Continental AG Introduction and Business Overview
10.10.3 Continental AG Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Continental AG Automotive Solenoids Products Offered
10.10.5 Continental AG Recent Development
10.11 Littlefuse
10.11.1 Littlefuse Company Information
10.11.2 Littlefuse Introduction and Business Overview
10.11.3 Littlefuse Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Littlefuse Automotive Solenoids Products Offered
10.11.5 Littlefuse Recent Development
10.12 Bitron Industrie SpA
10.12.1 Bitron Industrie SpA Company Information
10.12.2 Bitron Industrie SpA Introduction and Business Overview
10.12.3 Bitron Industrie SpA Automotive Solenoids Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Bitron Industrie SpA Automotive Solenoids Products Offered
10.12.5 Bitron Industrie SpA Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Automotive Solenoids Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Automotive Solenoids Industrial Chain Analysis
11.4 Automotive Solenoids Market Dynamics
11.4.1 Automotive Solenoids Industry Trends
11.4.2 Automotive Solenoids Market Drivers
11.4.3 Automotive Solenoids Market Challenges
11.4.4 Automotive Solenoids Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Automotive Solenoids Distributors
12.3 Automotive Solenoids Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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