The China Solenoid Valve Market Report 2023, provided by Astute Analytica, offers an extensive analysis of the market’s technical and financial data for both the present and foreseeable future. This report serves as a valuable addition to the market research archive, providing a thorough investigation and analysis of crucial aspects of the China Solenoid Valve Market.
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The China Solenoid Valve Market is projected to make a forward leap in its revenue from US$ 555 Mn in 2021 to US$ 1,057.2 Mn by 2030. The market is registering a CAGR of 7.4% during the forecast period 2022-2030. It analyses the market’s regional trends, size, expansion prospects, and important factors in each region. Additionally, it acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. Both the direct and indirect effects of the pandemic on related industries are taken into account and discussed in the report.
The report gives a thorough analysis of the China Solenoid Valve Market, covering regional trends, market size, prospects for expansion, and important market factors in each region. In 2021, the United States Gross Domestic Product (GDP) value was US$ 23,315.08 billion, according to verified data from the World Bank. In terms of GDP, the United States accounts for 10.41% of the global economy. The mixed economy of the United States is very advanced. By nominal GDP, it has the largest economy in the world, and by purchasing power parity (PPP), it is second only to China in size.
The leading companies mentioned are
Airtac,
Danfoss A/S,
Emerson,
Parker,
CKD Corporation,
Curtiss-Wright Corporation,
Parker,
Festo Corporation,
The report also acknowledges the impact of COVID-19, including updates on the Omicron mutation study, on the market. It considers both the direct impact of the pandemic and the indirect influence on related industries. The observations on the pandemic’s impact are included in the report.
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Furthermore, the report divides geographical regions into several major categories for production, consumption, revenue (in US dollars), and market share analysis. It discusses the predicted growth of the market in these regions between 2021 and 2031.
The segmentation overview of the China Solenoid Valve Market includes
- Direct-acting valves
- Pilot-operated valves
By Function segment of the China Solenoid Valves Market is sub-segmented into:
- 2-way
- 3-way
- 4-way
- 5-way
By Material segment of the China Solenoid Valves Market is sub-segmented into:
- Stainless Steel
- Aluminum
- Plastic
- Others
By Operation segment of the China Solenoid Valves Market is sub-segmented into:
- Normally open
- Normally closed
- Universal
By Media segment of the China Solenoid Valves Market is sub-segmented into:
- Air
- Gas
- Water
By Industry segment of the China Solenoid Valves Market is sub-segmented into:
- Oil & Gas
- Chemical & Petrochemical
- F&B
- Power Generation
- Pharmaceuticals
- Automotive
- Medical
- Others
Overall, Astute Analytica’s report on the China Solenoid Valve Market appears to be a comprehensive resource for businesses seeking to understand the current state of the market and its future growth prospects.
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