The Global Automotive Solenoid Market size is expected to grow from USD 5.44 billion in 2022 to USD 9.78 billion by 2030, at a CAGR of 7.6% during the forecast period (2023-2030).
The Automotive Solenoid Market is a coil of wire wound over a metal core. In a world where Automation is reaching significance in our day-to-day lives at a fast pace, Solenoid's support achieves 'Automation' in various applications. When we give an electric current at one end of the solenoid, it creates a magnetic field and this magnetic field can control things such as air pressure, locks, or water pressure. Automotive Solenoids find usage in various sectors such as the Automobile industry, Medical Systems, and Lock mechanisms, to name a few. The most popular utilization of Automotive Solenoids is on the devices like Joystick used for games. A solenoid in automobiles is a pivotal piece of the starter and it functions as a sort of contact for power to reach the starter from the respective battery.
“Customize Your Solution That Fit Within the Constraints of Your Annual Budget.!”
Players Covered in the Automotive Solenoid Market are :
Mitsubishi Electric Corporation, Nidec Corporation,MVD Auto Components Pvt.Ltd., Stoneridge Inc.,Aptiv PLC, Bitron Industrie S.p.A, BorgWarner Inc., Continental AG, Cumsa Corporation-Lockcarft, Global Point Magnetics Asia Co. Ltd., Denso Corporation, GKN PLC, Hitachi Ltd., Husco International Inc., Robert Bosch GmbH, Johnson Electric Holdings Ltd., Parker Hannifin Corporation, Schaeffler AG, Kendrion NV, Magnet - Schultz GmbH & Co. Kg, Rotex Automation Limited, Padmini Vna Mechatronics Pvt Ltd, Pneumadyne Inc., TLX Technologies LLC., WABCO Holdings Inc. and other major players.
Revolutionize Your Strategy with Our Free Sample Report! Purchase Our Market Research Report and Unlock Six Months of After-Sale Support. Maximize Your Success with Premium Insights and Ongoing Support
https://introspectivemarketresearch.com/request/15942
The report provides an in-depth analysis of the Automotive Solenoid Market a detailed description of market growth and size, value, and the key opportunities in the market, as well as an outline of the factors that are and will be driving the industry's growth, taking previous growth patterns into account. The global Thermal Imaging Market provides an in-depth analysis of the market state of Thermal Imaging Market manufacturers, including the latest facts and data, SWOT analysis, and expert views from around the world. The cost structure, market size, Thermal Imaging Market Sales, Gross Margin and Market Share, Price, Revenue, Size, Forecast, and Growth Rate are all calculated in the report. The income earned from the sale of This Study and technologies by various application industries is considered in the report.
Segmentation Analysis Thermal Imaging Market of:
The Automotive Solenoid Market can be segmented in various ways to better understand the diverse applications and components within the automotive industry. Here are some common segmentation criteria for this market:
By Vehicle Type
· Light Commercial Vehicle
· Passenger Vehicle
· Heavy Commercial Vehicle
By Electric Vehicle Type
· BEV
· HEV
· PHEV
· FCEV
· By Function
· Fluid Control
· Gas Control
· Motion Control
By Application
· Safety & Security
· Body Control & Interiors
· Engine Control & Cooling System
· Others
Market share data Market Segment by Regions and Countries Level Analysis:
§ North America (U.S., Canada, Mexico)
§ Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
§ Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
§ Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
§ Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
§ South America (Brazil, Argentina, Rest of SA)
If You Have Any Query Automotive Solenoid Market Report, Visit:
https://introspectivemarketresearch.com/inquiry/15942
Key Industry Developments In The Automotive Solenoid Market:
· In July 2020, BluE Nexus Corporation (a joint venture between Aisin Seiki Co., Ltd., and DENSO Corporation) and Toyota Motor Corporation declared a partnership wherein both companies utilize their core competencies to raise their competitiveness in products associated with vehicle electrification. The partnership will utilize Toyota's control calibration technologies for engines, batteries, and other major peripheral components and BluE Nexus's well-designed lineup of electric drive modules. Toyota declared that it would offer investment for new improved products by taking a 10 percent stake in Blue Nexus.
· In October 2020, ZF Friedrichshafen AG completely received ZF Sachs Micro Mobility GmbH, which has become its wholly-owned subsidiary and a part of its Industrial Technology Division. The previous shareholders, BMZ Batterien-Montage-Zentrum GmbH and Gustav Magenwirth GmbH & Co. KG, transferred their shares to ZF Friedrichshafen AG. ZF Sachs Micro Mobility GmbH manufactures traction motors and associated products for micro-mobility (e-bikes & bicycles).
Reasons to Purchase this Market Report:
· Market forecast analysis through recent trends and SWOT analysis
· Keyword Market Dynamics Scenarios with Market Growth Opportunities over the Next Year
· Market segmentation analysis, including qualitative and quantitative studies that include economic and non-economic impacts
· Keyword Market Regional and country-level analysis that integrates demand and supply forces that impact the growth of the market.
· Competitive environment related to the Keyword market share for key players, along with new projects and strategies that players have adopted over the past five years
About us:
Introspective Market Research (introspectivemarketresearch.com) is a visionary research consulting firm dedicated to assisting our clients grow and have a successful impact on the market. Our team at IMR is ready to assist our clients in flourishing their business by offering strategies to gain success and monopoly in their respective fields. We are a global market research company, specializing in using big data and advanced analytics to show the bigger picture of the market trends. We help our clients to think differently and build a better tomorrow for all of us. We are a technology-driven research company, we analyze extremely large sets of data to discover deeper insights and provide conclusive consulting. We not only provide intelligence solutions, but we help our clients in how they can achieve their goals.
Contact us:
Introspective Market Research
3001 S King Drive,
Chicago, Illinois
60616 USA
Arabic
French
Spanish
Portuguese
Deutsch
Turkish
Dutch
Italiano
Russian
Romaian
Portuguese (Brazil)
Greek