HOME Top Market Reports 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

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

By: marketsandmarkets.com
Publishing Date: May 2017
Report Code: AT 5317

 

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The global 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 report analyzes and forecasts the market size, in terms of volume (million units) and value (USD million), of the global automotive solenoid market. The report segments the market and forecasts its size, by volume and value, on the basis of region, vehicle, electric vehicle, valve design, function, and application. It provides a detailed analysis of various forces acting in the market (drivers, restraints, opportunities, and challenges). It strategically profiles key players and comprehensively analyzes their market shares and core competencies. The report also tracks and analyzes competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry players.

The research methodology used in the report involves various secondary sources such as International Organization of Motor Vehicle Manufacturers (OICA) and China Association of Automobile Manufacturers (CAAM). Experts from related industries and suppliers have been interviewed to understand the future trends of the automotive solenoid market. The bottom-up approach has been used to estimate and validate the size of the global market. The market size, by volume, is derived by identifying the region-wise production volumes and analyzing the demand trends. The market size, by value, is derived by multiplying the average selling price of different type of solenoids by the number of units.

The ecosystem of the automotive solenoid industry consists of manufacturers such as Robert Bosch GmbH (Germany), Hitachi Ltd. (Japan), Mitsubishi Electric Corporation (Japan), Continental AG (Germany), Johnson Electric Holding (China), BorgWarner (U.S.), and Delphi Automotive PLC (U.K.).

The figure given below illustrates the break-up of the profile of industry experts who participated in primary discussions.

Automotive Solenoid Market

To know about the assumptions considered for the study, download the pdf brochure

Target Audience

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

Scope of the Report

  • 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 application
  • By Function
    • Fluid Control
    • Gas Control
    • Motion Control
  • By Valve Design
    • 2-way valve
    • 3-way valve
    • 4-way valve
    • 5-way valve
  • By Region
    • North America
    • Asia-Pacific
    • Europe
    • RoW

Available Customizations

MarketsandMarkets offers the following customizations for this market report:

  1. Detailed analysis and profiling of additional regions (up to 3)
  2. Detailed analysis and profiling of additional market players (up to 3)

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
           1.2.1 Markets Covered
           1.2.2 Years Considered for the Study
    1.3 Currency
    1.4 Package Size
    1.5 Limitations
    1.6 Stakeholders
    1.7 Assumptions

2 Research Methodology (Page No. - 19)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
    2.3 Data From Secondary Sources
    2.4 Primary Data
           2.4.1 Sampling Techniques & Data Collection Methods
           2.4.2 Primary Participants
    2.5 Factor Analysis
           2.5.1 Introduction
           2.5.2 Demand Side Analysis
                    2.5.2.1 Increase in Vehicle Production in Developing Countries
                    2.5.2.2 Impact of GDP on Commercial Vehicle Sales
                    2.5.2.3 Impact of Population on Total Vehicle Sales
                    2.5.2.4 Infrastructure: Roadways
           2.5.3 Supply Side Analysis
           2.5.4 Technological Advancement
    2.6 Market Size Estimation
    2.7 Data Triangulation
    2.8 Assumptions

3 Executive Summary (Page No. - 31)
    3.1 Introduction

4 Premium Insights (Page No. - 35)
    4.1 Attractive Opportunities in this Market
    4.2 Automotive Solenoid Market Share, By Application & Region, 2017
    4.3 Region-Wise Market Share of the Automotive Solenoid Market, 2017
    4.4 Automotive Solenoid Market, By Vehicle Type
    4.5 Market, By Electric Vehicle Type
    4.6 Market, By Application
    4.7 Market, By Function

5 Market 0verview (Page No. - 41)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 Automotive Solenoid Market Segmentations
           5.2.2 Automotive Solenoid Market, By Application
           5.2.3 Market, By Region
           5.2.4 Market, By Valve Design
           5.2.5 Market, By Function
           5.2.6 Market, By Vehicle Type
           5.2.7 Market, By Ev Type
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Rise in Demand for Advanced Automation Systems
                    5.3.1.2 Growing Demand for Fuel Efficient Vehicles
                    5.3.1.3 Engine Downsizing Trend
           5.3.2 Restraints
                    5.3.2.1 Low Preference for Diesel Passenger Cars
           5.3.3 Opportunities
                    5.3.3.1 Wide Number of Applications Employing the Use of Solenoids
                    5.3.3.2 Growing Government Regulations for Fuel Efficient Vehicles in Developing Nations
           5.3.4 Challenges
                    5.3.4.1 Rising Labor Cost in Low-Cost Manufacturing Countries
                    5.3.4.2 Weight and Cost Reduction

6 Automotive Solenoid Market, By Valve Design (Page No. - 50)
    6.1 Introduction
    6.2 2-Way Solenoid Valves
    6.3 3-Way Solenoid Valves
    6.4 4-Way Solenoid Valves
    6.5 5-Way Solenoid Valves

7 Automotive Solenoid Market, By Application (Page No. - 52)
    7.1 Introduction
    7.2 Automotive Solenoid Market, By Application
    7.3 Engine Control and Cooling System
    7.4 Fuel and Emission Control
    7.5 Body Control and Interiors
    7.6 HVAC System
    7.7 Safety and Security
    7.8 Others

8 By Function (Page No. - 62)
    8.1 Introduction
    8.2 Automotive Solenoid Market, By Function
    8.3 Fluid Control
    8.4 Gas Control
    8.5 Motion Control

9 Automotive Solenoid Market, By Vehicle Type (Page No. - 68)
    9.1 Introduction
    9.2 Automotive Solenoid Market, By Vehicle Type
    9.3 Passenger Vehicles
    9.4 Light Commercial Vehicle (LCV)
    9.5 Heavy Commercial Vehicle (HCV)

10 Automotive Solenoid Market, By Electric Vehicle Type (Page No. - 75)
     10.1 Introduction
     10.2 Automotive Solenoid Market, By Electric Vehicle Type
     10.3 BEV
     10.4 PHEV
     10.5 HEV
     10.6 FCEV

11 Automotive Solenoid Market, By Region (Page No. - 84)
     11.1 Introduction
     11.2 Asia-Pacific Automotive Solenoid Market, By Country
             11.2.1 China
             11.2.2 Japan
             11.2.3 India
             11.2.4 South Korea
     11.3 North America Automotive Solenoid Market, By Country
             11.3.1 U.S.
             11.3.2 Mexico
             11.3.3 Canada
     11.4 Europe Automotive Solenoid Market, By Country
             11.4.1 By Country
             11.4.2 Germany
             11.4.3 France
             11.4.4 U.K.
             11.4.5 Spain
             11.4.6 Italy
     11.5 RoW Automotive Solenoid Market, By Country
             11.5.1 By Country
             11.5.2 Brazil
             11.5.3 Russia
             11.5.4 South Africa

12 Competitive Landscape (Page No. - 112)
     12.1 Introduction
             12.1.1 Vanguards
             12.1.2 Innovators
             12.1.3 Dynamic Companies
             12.1.4 Emerging Companies
     12.2 Competitive Benchmarking
             12.2.1 Product Offerings (For All 25 Players)
             12.2.2 Business Strategy (For All 25 Players)
*Top 25 Companies Analyzed for This Study are – Hitachi, Ltd., Robert Bosch GmbH, Continental Ag, Denso Corporation, Mitsubishi Electric Corporation, Schaeffler Ag, Parker Hannifin Corporation, Delphi Automotive PLC, Nidec Corporation, Borgwarner Inc., GKN, Wabco Holdings Inc., Johnson Electric Holdings Limited, Stoneridge Inc., Husco International, Rotex Automation, Tlx Technologies, Bitron Industries S.P.A, Padmini Vna Mechatronics Pvt. Ltd., Kendrion Nv, Magnet – Schultz GmbH & Co. Kg, Mvd Auto Components Pvt. Ltd., Lockcarft, Pneumadyne, Global Point Magnetics Asia Co., Ltd.
     12.3 Market Ranking Analysis: Automotive Solenoid Market

13 Company Profiles (Page No. - 117)
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View)*
     13.1 Continental AG
     13.2 Delphi Automotive PLC
     13.3 Denso Corporation
     13.4 Robert Bosch GmbH
     13.5 Schaeffler AG
     13.6 Nidec Corporation
     13.7 Stoneridge Inc.
     13.8 GKN
     13.9 Johnson Electric Group
     13.10 Wabco Holdings Inc.
     13.11 Mitsubishi Electric Corporation
     13.12 Borgwarner Inc.
     13.13 Hitachi, Ltd.

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 162)
     14.1 Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (86 Tables)

Table 1 U.S. Dollar Exchange Rates (Per 1 USD)
Table 2 Automotive Solenoid Market, By Application, 2015–2022 ('Million Units)
Table 3 Market, By Application, 2015–2022 (USD Million)
Table 4 Engine Control and Cooling System, By Region, 2015–2022 (‘Million Units)
Table 5 Engine Control and Cooling System, By Region, 2015–2022 (USD Million)
Table 6 Fuel and Emission Control, By Region, 2015–2022 (‘Million Units)
Table 7 Fuel and Emisson Control, By Region, 2015–2022 (USD Million)
Table 8 Body Control and Interiors, By Region, 2015–2022 (‘Million Units)
Table 9 Body Control and Interiors, By Region, 2015–2022 (USD Million)
Table 10 HVAC System, By Region, 2015–2022 (‘Million Units)
Table 11 HVAC System, By Region, 2015–2022 (USD Million)
Table 12 Safety and Security, By Region, 2015–2022 (‘Million Units)
Table 13 Safety and Security, By Region, 2015–2022 (USD Million)
Table 14 Others, By Region, 2015–2022 (‘000 Units)
Table 15 Others, By Region, 2015–2022 (USD Million)
Table 16 Automotive Solenoid Market, By Function, 2015–2022 ('Million Units)
Table 17 Market, By Function, 2015–2022 (USD Million)
Table 18 Fluid Control, By Region, 2015–2022 (‘Million Units)
Table 19 Fluid Control, By Region, 2015–2022 (USD Million)
Table 20 Gas Control, By Region, 2015–2022 (‘Million Units)
Table 21 Gas Control, By Region, 2015–2022 (USD Million)
Table 22 Motion Control, By Region, 2015–2022 (‘Million Units)
Table 23 Motion Control, By Region, 2015–2022 (USD Million)
Table 24 Automotive Solenoid Market, By Vehicle Type, 2015–2022 (‘Million Units)
Table 25 Market, By Vehicle Type, 2015–2022 (USD Million)
Table 26 Passenger Car Solenoid Market Size, By Region, 2015–2022 (‘Million Units)
Table 27 Passenger Car Solenoid Market Size, By Region, 2015–2022 (USD Million)
Table 28 Light Commercial Vehicle (LCV) Solenoid Market Size, By Region, 2015–2022 (‘Million Units)
Table 29 Light Commercial Vehicle (LCV) Solenoid Market Size, By Region, 2015–2022 (USD Million)
Table 30 Heavy Commercial Vehicle (HCV) Solenoid Market Size, By Region, 2015–2022 (‘Thousand Units)
Table 31 Heavy Commercial Vehicle (HCV) Solenoid Market Size, By Region, 2015–2022 (USD Million)
Table 32 Automotive Solenoid Market Size, By Electric Vehicle Type (‘000 Units)
Table 33 Market Size, By Electric Vehicle Type (USD Thousand)
Table 34 Battery Electric Vehicle (BEV) Solenoid Market Size, By Region, 2015–2022 (‘000 Units)
Table 35 Battery Electric Vehicle (BEV) Solenoid Market Size, By Region, 2015–2022 (USD Thousand)
Table 36 Plug-In Hybrid Electric Vehicle (PHEV) Solenoid Market Size, By Region, 2015–2022 (‘000 Units)
Table 37 Plug-In Hybrid Electric Vehicle (PHEV) Solenoid Market Size, By Region, 2015–2022 (USD Thousand)
Table 38 Hybrid Electric Vehicle (HEV) Solenoid Market Size, By Region, 2015–2022 (‘000 Units)
Table 39 Hybrid Electric Vehicle (HEV) Solenoid Market Size, By Region, 2015–2022 (USD Thousand)
Table 40 Fuel Cell Electric Vehicle (FCEV) Solenoid Market Size, By Region, 2015–2022 (‘000 Units)
Table 41 Fuel Cell Electric Vehicle (HEV) Solenoid Market Size, By Region, 2015–2022 (USD Thousand)
Table 42 Global Automotive Solenoid Market, By Region, 2015–2022 ('Million Units)
Table 43 Global Automotive Solenoid Market, By Region, 2015–2022 (USD Million)
Table 44 Asia-Pacific: Automotive Solenoid Market, By Country, 2015–2022 (Million Units)
Table 45 Asia-Pacific: Market, By Country, 2015–2022 (USD Million)
Table 46 China: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 47 China: Market, By Application, 2015–2022 (USD Million)
Table 48 Japan: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 49 Japan: Market, By Application, 2015–2022 (USD Million)
Table 50 India: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 51 India: Market, By Application, 2015–2022 (USD Million)
Table 52 South Korea: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 53 South Korea: Market, By Application, 2015–2022 (USD Million)
Table 54 North America: Automotive Solenoid Market, By Country, 2015–2022 (Million Units)
Table 55 North America: Market, By Country, 2015–2022 (USD Million)
Table 56 U.S.: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 57 U.S.: Market, By Application, 2015–2022 (USD Million)
Table 58 Mexico: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 59 Mexico: Market, By Application, 2015–2022 (USD Million)
Table 60 Canada: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 61 Canada: Market, By Application, 2015–2022 (USD Million)
Table 62 Europe: Automotive Solenoid Market, By Country, 2015–2022 (Million Units)
Table 63 Europe: Market, By Country, 2015–2022 (USD Million)
Table 64 Germany: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 65 Germany: Market, By Application, 2015–2022 (USD Million)
Table 66 France: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 67 France: Market, By Application, 2015–2022 (USD Million)
Table 68 U.K.: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 69 U.K.: Market, By Application, 2015–2022 (USD Million)
Table 70 Spain: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 71 Spain: Market, By Application, 2015–2022 (USD Million)
Table 72 Italy: Automotive Solenoid Market, By Application, 2015–2022 (Million Units)
Table 73 Italy: Market, By Application, 2015–2022 (USD Million)
Table 74 RoW: Automotive Solenoid Market, By Country, 2015–2022 (Million Units)
Table 75 RoW: Market, By Country, 2015–2022 (USD Million)
Table 76 Brazil: Automotive Solenoid Market, By Application, 2015–2022 (‘000 Units)
Table 77 Brazil: Market, By Application, 2015–2022 (USD Million)
Table 78 Russia: Automotive Solenoid Market, By Application, 2015–2022 (‘000 Units)
Table 79 Russia: Market, By Application, 2015–2022 (USD Million)
Table 80 South Africa: Automotive Solenoid Market, By Application, 2015–2022 (‘000 Units)
Table 81 South Africa: Market, By Application, 2015–2022 (USD Million)
Table 82 Automotive Solenoid Market Ranking: 2016
Table 83 Partnership/Collaboration/Jv’s/Agreements/Mergers & Acquisitions
Table 84 Partnership/Collaboration/Jv’s/Agreements/Mergers & Acquisitions
Table 85 Partnership/Collaboration/Jv’s/Agreements/Mergers & Acquisitions
Table 86 Partnership/Collaboration/Jv’s/Agreements/Mergers & Acquisitions


List of Figures (50 Figures)

Figure 1 Automotive Solenoid Market: Markets Covered
Figure 2 Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews: By Company Type, Designation, & Region
Figure 5 Vehicle Production, 2010 & 2015
Figure 6 Impact of Population on Vehicle Sales, 2015
Figure 7 Roadways Infrastructure: Road Network (Km), By Country, 2011
Figure 8 Market Size Estimation Methodology: Bottom-Up Approach
Figure 9 Asia-Pacific is Estimated to Be the Largest Market for Automotive Solenoid, 2017 vs 2022 (USD Million)
Figure 10 Passenger Car Segment Estimated to Hold the Largest Size in Automotive Solenoid Market (USD Million), 2017–2022
Figure 11 Body Control and Interiors Application Estimated to Hold the Largest Size in Automotive Solenoid Market (USD Million), 2017–2022
Figure 12 Automotive Solenoid Market Growth Can Be Attributed to Rising Automation in Vehicles Globally, 2017–2022
Figure 13 Body Control and Interiors Application to Lead the Global Automotive Solenoid Market in 2017
Figure 14 Asia-Pacific to Hold the Largest Market Share of Automotive Solenoid Market, 2017
Figure 15 Passenger Car to Hold the Largest Market Size, 2017–2022
Figure 16 Automotive Solenoid Market for HEV to Be the Largest Among Electric Vehicles Between 2017 and 2022
Figure 17 Body Control and Interiors Application to Hold the Largest Market Size, 2017–2022
Figure 18 Fluid Control Function to Hold the Largest Market Size, 2017–2022
Figure 19 Market Segmentations
Figure 20 Automotive Solenoid Market, By Application
Figure 21 Market, By Region
Figure 22 Market, By Valve Design
Figure 23 Market, By Function
Figure 24 Market, By Vehicle Type
Figure 25 Market, By EV Type
Figure 26 Automotive Solenoid Market: Market Dynamics
Figure 27 Vehicle Fuel Efficiency Requirements for Cars and Light Trucks, 2011 to 2025
Figure 28 Body Control and Interiors to Account for the Largest Market Share, By Value, By 2017 vs 2022
Figure 29 Fluid Control Function to Account for the Largest Market Share, By Value, 2017-2022
Figure 30 Passenger Car to Hold the Largest Market Share, By Value, 2017-2022
Figure 31 HEV to Account for the Largest Market Share, By Value, By 2022
Figure 32 North America to Be the Fastest-Growing Market in Terms of CAGR for Automotive Solenoid During the Forecast Period
Figure 33 Asia-Pacific: Automotive Solenoid Market Snapshot
Figure 34 North America: Automotive Solenoid Market Snapshot
Figure 35 Germany to Hold the Largest Market Share in the European Region
Figure 36 Brazil to Account for the Largest Market Share in the RoW, 2017-2022
Figure 37 Dive Chart
Figure 38 Continental AG: Company Snapshot )
Figure 39 Delphi Automotive PLC: Company Snapshot
Figure 40 Denso Corporation: Company Snapshot
Figure 41 Robert Bosch GmbH: Company Snapshot
Figure 42 Schaeffler AG: Company Snapshot
Figure 43 Nidec Corporation: Company Snapshot
Figure 44 Stoneridge Inc.: Company Snapshot
Figure 45 GKN: Company Snapshot
Figure 46 Johnson Electric Group: Company Snapshot
Figure 47 Wabco Holdings Inc.: Company Snapshot
Figure 48 Mitsubishi Electric Corporation: Company Snapshot
Figure 49 Borgwarner Inc.: Company Snapshot
Figure 50 Hitachi, Ltd.: Company Snapshot

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, and is projected to reach USD 6.30 Billion by 2022. The market growth is triggered by various factors such as rising demand for automation in vehicles as well as the increasing vehicle production globally.

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.

The motion control function segment is estimated to grow at the highest CAGR in the automotive solenoid market due to the increasing automation of body control applications inside a vehicle.

The Asia-Pacific region is estimated to dominate the global market, in terms of value, in 2017. The region comprises some of the fastest developing economies in the world, including China, India, and South Korea. This has led to an increase in automotive solenoid volumes in recent years, with OEMs catering not only to the domestic demand but to overseas demand as well. North America is estimated to be the fastest growing market due to increasing production of passenger cars and electric vehicles.

Automotive Solenoid Market

The automotive solenoid market is a matured market where, most of the vehicles have to be equipped with automotive solenoids, in-order to control motion, gases, and fluids in automotive. One of the restraints that may affect the automotive solenoid market is the low preference of diesel passenger cars globally, which creates restraints to the automotive solenoids such as wastegate, VGT, and EGR. Continental AG is a major player in the automotive solenoid market and has a strong product offering, especially for the OE market as compared to aftermarket. The company follows a balanced business strategy with a mix of organic and inorganic business strategies. The recent acquisition of Emitec Emission Control Technologies will provide Continental with an inclusive portfolio of exhaust-gas after treatment systems including metallic catalyst substrates, particle filters, and dosing modules for selective catalytic reduction (SCR). The company will likely dominate the global automotive solenoid market in the coming years.

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