Electromagnetic Proportional Valve market will register a 3.2% CAGR in terms of revenue, the global market size will reach $ 577.4 million by 2027, from $ 508.8 million in 2021. In particular, this report presents the global market share (sales and revenue) of key companies, The segment of direct holds a comparatively larger share in global market, which accounts for about 62% and Industrial and medical equipment industries are the largest consumer markets, accounting for about 87% of the market.
Electromagnetic Proportional Valve Market Overview
Electro-magnetic proportional valves provide the precise and precise control of the flow rate for constant or variable hydraulic systems. It regulates the flow rate by changing current pulses applied to the coil by PWM signal modulation. The growth of this market is driven primarily by significant application in various industries such as oil, chemical & gas, material handling, and automation, etc.
The major factors driving the electromagnetic proportional valve market include high demand from the process industry, computerized control of hydraulic functions, increased emission control norms, and rising infrastructure investments. The leading players in the market are Parker Hannifin Corporation, Bosch Rexroth AG, Curtiss-Wright Corporation, Eaton Corporation PLC and Moog Inc., etc. The emergence of electric proportional valves, which are expected to replace the conventional pneumatic valves. These proportional valves have a workflow similar to that of pneumatic and hydraulic proportional valves. However, they have various benefits such as low power consumption, easy installation, and less maintenance. The automotive sector is expected to be the largest user of electromagnetic proportional valves by end-use industry during the forecast period.
The report also assesses the key opportunities in the Electromagnetic Proportional Valve market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global Electromagnetic Proportional Valve Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Who are the Major Players in the Electromagnetic Proportional Valve Market?
The global Electromagnetic Proportional Valve includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Emerson ASCO, Kendrion, Parker, Burkert, IMI, Eaton, Nachi, Bosch Rexroth, SMC, Daikin, Nikkoshi, Humphrey, Festo, ODE, Takano, Sincere, Anshan Electromagnetic Valve, Dofluid, Takasago Electric and others.
Industry News and Updates
April 6, 2022: Emerson’s New Three-Way Miniature Solenoid Valve Expands Flexibility in Medical Product Design--
Emerson has expanded its ASCO™ Series 090 line of miniature solenoid valves, adding a new three-way Series 090 valve configuration to enable lighter, more space-efficient solutions for gas control in oxygen therapy, compression therapy and gas analyzer devices.
What are the major Applications, Types and Regions for Electromagnetic Proportional Valve Market?
Electromagnetic Proportional Valve Market is segmented based on the type, applications, companies and regions.
By Type, Electromagnetic Proportional Valve Market has been segmented into
By Application, Electromagnetic Proportional Valve Market has been segmented into
- Industrial Equipment
- Medical Equipment
- Instrument and Meter
- Other
Electromagnetic Proportional Valve Market Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Electromagnetic Proportional Valve Market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
North America is the largest market of Electromagnetic Proportional Valve. The United States and Canada are the key consumption countries in North America. APAC is anticipated to lead the market during the forecast period due to an increase in demand for automobiles in emerging economies such as India and China. Globally, Japan is the largest automobile manufacturing country. The robust growth of the industrial manufacturing sector in the region, driven by consistent support from the governments of emerging economies, such as India and China, has enabled them to post an impressive performance. Also, the high manufacturing capacity and export share of the countries in Asia Pacific result in high product demand. In terms of demand for electromagnetic proportional valves, China led the market for electromagnetic proportional valves in 2020; this country is followed by India and Japan.
What is our Electromagnetic Proportional Valve Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 3.2% over the forecast period (2022-2027)
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By Type
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By Application
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- Industrial Equipment
- Medical Equipment
- Instrument and Meter
- Other
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By Companies
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Emerson ASCO, Kendrion, Parker, Burkert, IMI, Eaton, Nachi, Bosch Rexroth, SMC, Daikin, Nikkoshi, Humphrey, Festo, ODE, Takano, Sincere, Anshan Electromagnetic Valve, Dofluid, Takasago Electric
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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116
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Electromagnetic Proportional Valve Report
- Evaluate Electromagnetic Proportional Valve market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Electromagnetic Proportional Valve market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
Frequently Asked Questions
What is the growth rate of Electromagnetic Proportional Valve Market?
The Electromagnetic Proportional Valve Market is growing at a CAGR of 3.2% over the next 5 years.
Who are the key players in Electromagnetic Proportional Valve Market?
Emerson ASCO, Kendrion, Parker, Burkert, IMI, Eaton, Nachi, Bosch Rexroth, SMC, Daikin, Nikkoshi, Humphrey, Festo, ODE, Takano, Sincere, Anshan Electromagnetic Valve, Dofluid, Takasago Electric
What are the significant types of Electromagnetic Proportional Valve Market?
Direct, Pilot
What are the major applications of the Electromagnetic Proportional Valve Market?
Industrial Equipment, Medical Equipment, Instrument and Meter, Other
All our reports are custom made to your company’s needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
