Automotive Solenoid Valve Market

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Automotive Solenoid Valve MarketMarket size,
Industry outlook, Market Forecast, Demand
Analysis, Market Share, Market Report 2023-2028
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Automotive Solenoid Valve Market is estimated to
surpass 6.5 billion mark by 2026 growing at an
estimated CAGR of more than 6.9 during the
forecast period 2021 to 2026. Automotive solenoid
valves are electromechanically controlled
valves. These valves control the rate of flow of
air or fluid in systems and motors in
automobiles. Solenoids are devices that convert
electrical energy into mechanical energy,
creating a magnetic reaction, this occurs when
electric current makes its way through the wire
in the solenoid.
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• Key Takeaways
• One of the prominent trends that the market is
  witnessing are development of Hybrid electric
  vehicle (HEV) and electric vehicle (EV) are
  increasing, development of new solenoid valves
  such as micro-miniature valves customized valves
  and pinch valves are gaining prominence.
• BorgWarner received Automotive News PACE
  Innovation Partnership Award for its
  collaboration with General Motors (GM) on the
  Eco-Launch solenoid valve. The innovative
  technology helps deliver improved fuel economy
  and performance at significantly lower cost than
  alternative systems.

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By Distribution Channel- Segment Analysis Intake
systems are the major application of solenoid
valves in the automotive context. A range of
solenoid valves are used in motor vehicle
systems. They are usually used to regulate the
flow of automotive fluids such as oil, anti-skid
brake fluid or even fuel. In some of these
functions, a variable solenoid valve is often
utilized. It allows a medium to be controlled
instead of shutting it off completely. A good
example of this is when limiting the flow of fuel
to the engine to reduce vehicle speed. The fuel
solenoid valve is common in countries that have
regulatory rules for speed.
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• Automotive Solenoid Valve Market Industry Outlook
• Robert Bosch GmbH
• Hitachi Ltd
• Mitsubishi Electric Corporation
• Continental AG
• Johnson Electric Holding, BorgWarner
• ASCO Valve
• Norgren
• Curtiss Wright
• Danfoss
• Delphi Automotive PLC

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Automotive Solenoid Valve Market - Forecast(2023
- 2028) Learn More About the Report _at_
https//www.industryarc.com/Report/9594/automotive
-solenoid-valves-market-research-analysis-report.h
tml
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• Company Profile
• Analyst Briefing
• Data Tables
• Key Contacts
• Free Customization
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