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Global Solenoid Valves Market 2017-2021-KEYOPO

Global Solenoid Valves Market 2017-2021-KEYOPO
Issue Time:2017-06-07

Accordingto the latest market study released by Technavio, the global solenoid valvesmarket is expected grow at a CAGR of almost 4%.

Thanks for Technavio's new report

 Theglobal solenoid valves market is expected to witness a high growth during theforecast period due to the formulation of new government regulations on energyconsumption and environment protection. These regulations have impelledindustries to upgrade their facilities, thus creating a huge demand forsolenoid valves. European and North American countries are witnessing a totalrenovation of many industrial and manufacturing facilities as the governmentregulations on sustainable development are becoming stricter.

Technavio'sanalysts categorize the global solenoid valves market into six major segmentsby end user. They are:

2.Water and waste watermanagement
3.Oil and gas
4.Power generation
5.Food and beverage

Thetop three segments based on end-users for the global solenoid valves market arediscussed below:

1.In chemical industry
2.In water and waste water management industry
3.In oil and gas industry

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