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Automotive Solenoid Market: Global Forecast until 2022

  • June 2017
  • 172 pages
  • ID: 4937590
In this report:
With a total of around ##.## million kilometers of road span in India and about ##.##% of the country's passenger traffic and ##.## percent of freight traffic, the value of the total roads and bridges infrastructure is expected to touch USD ##.## billion in 2017.
In the year 2016, the company introduced a new product "turbocharger," which improves engine response and also provides ##% greater efficiency in the engine's relevant operating range; thus, reducing the emissions.

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"The overall rise in vehicle production of developing and developed territories contributes the thrust for the increase ot the automotive solenoid market"

The automotive solenoid market is projected to be ~$4.1B in 2017 and is projected to extend ~$6.3B by 2022, at a compound annual growth rate of ~8.8 percent. The rise can be accredited to the overall vehicle production of 94.9 million units in 2016, as distinguished to 90.8 million units in 2015, which directly led to a overall growth in the automotive solenoid market. The automotive solenoid market may be affected by the low preference for diesel passenger cars globally, which creates market restraints for the automotive solenoids used in waste gate, VGT, and EGR.

"The Fuel and Emission Control application market in automotive solenoid market to be the quickest growing sector"

The Fuel and Emission Control application market in the overall automotive solenoid market is forecasted to be the biggest, primarily due to increasing government regulations for fuel efficient vehicles in developing nations.

"Asia pacific market plays a main role in the rise of the automotive solenoid market"

The Asia-Pac region consists of main automotive vehicle manufacturing firms in countries including China (CN), Japan (JP), India (IN), and South Korea (KR), which supports the increase of the automotive solenoid market. The Asia Pacific (APAC) area is forecasted to be the quickest increasing sector, by quantity, for the automotive solenoid market in 2017. The territory has manufacturers including Hitachi Ltd., Mitsubishi Electric Corporation, Nidec Corporation, Padmini VNA Mechatronics Pvt Ltd, Johnson Electric Holdings Ltd., and Global Point Magnetics Asia Co. Ltd..

The report includes industry insights from different market experts, ranging from component suppliers to Tier 1 firms and Original equipment manufacturers. The break-up of the primaries is like:

• By Company category - Tier 1 - 52 %, Tier 2 - 27.0 percent, Tier 3 - 21.0 percent

• By Description - C-suite - 47.0 percent, D-suite - 37.0 percent, Others - 16.0 percent

• By Area - Asia Pacific (APAC) - 42.0 percent, North America continent - 30.0 percent, Europe (EU) - 18.0 percent, RoW - 10.0 percent

Segment Research

The document breaks down the market based on area, vehicle, electric vehicle (BEV, HEV, PHEV, and FCEV), application, function (fluid control, gas control, and motion control), valve design, function and area. The market research includes the overall automotive solenoid market, in terms of quantity and value. It also offers an overview of technical factors and other important aspects of the overall automotive solenoid market.

Why Purchasing This Study Can Help You:

The market research offers business insights about the following parts:

• business entry: The industry report offers Exhaustive information about the overall automotive solenoid market provided by the most important 13 market actors in the industry.

• Product Development/Innovative products: The study contributes in-depth understanding into up-on-coming technologies, Research&development activities, and new system launches in the overall automotive solenoid market.

• Market Development: It offers highlighted information about types, functions, and applications of automotive solenoid. The analysis examines the sector for automotive solenoid in multiple regions.

• industry diversification: The market research affords complete information about recent products, untapped regional sectors, recent evolutions, and market investments in the automotive solenoid market.

• opposing assessment: It affords detailed assessment of the market shares, strategies, products, and manufacturing competences of key players in the automotive solenoid market.

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