A solenoid is a device that is made of an insulated or enameled coil that is wound around a solid iron, solid steel, or powdered iron rod. The core material of the solenoid is ferromagnetic, which helps in concentrating the magnetic lines of flux. The ferromagnetic substance in the solenoid helps in increasing the inductance of the coil. Solenoid convers the electrical energy of the coil into linear motion of the rod. It is also referred as a solenoid valve, an integrated device that contains an electromagnetic solenoid. The solenoid with infinite length and defined diameter is known as an infinite solenoid, and the finite solenoid has a finite length and a fixed diameter.
Technavio’s analysts forecast the global automotive solenoid market to grow at a CAGR of 4.55% during the period 2017-2021.
Covered in this report The report covers the present scenario and the growth prospects of the global automotive solenoid market for 2017-2021. To calculate the market size, the report considers the automotive solenoids of engine and control systems, fuel emission control system, chassis, safety, and security system and HVAC, body control and interiors.
The market is divided into the following segments based on geography: • Americas • APAC • EMEA
Technavio’s report, Global Automotive Solenoid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors • Bosch • Delphi Automotive • Hitachi • Johnson Electric • Mitsubishi Electric
Market driver • Increase in vehicle production year-over-year • For a full, detailed list, view our report
Market challenge • Improper functioning of solenoid valves • For a full, detailed list, view our report
Market trend • Customized automotive solenoids • For a full, detailed list, view our report
Key questions answered in this report • What will the market size be in 2021 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space?
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