Automotive Solenoid Market Growth, Size, Trends, Analysis Report by Type, Application, Region and Segment Forecast 2020-2024
| Published: Dec 2020 | Pages: 120 | SKU: IRTNTR45247 |
The automotive solenoid market size has the potential to grow by 557.46 million units during 2020-2024, and the marketâ?'s growth momentum will accelerate during the forecast period.
This report provides a detailed analysis of the market by application (engine and control systems, chassis, safety, and security systems, HVAC, body controls, and interiors, and fuel emission control systems) and geography (APAC, North America, Europe, South America, and MEA). Also, the report analyzes the marketâ?'s competitive landscape and offers information on several market vendors, including BorgWarner Inc., Delphi Technologies Plc, Emerson Electric Co., General Motors Co., Hitachi Ltd., Johnson Electric Holdings Ltd., Littelfuse Inc., Nidec Corp., Robert Bosch GmbH, and Texas Instruments Inc.
Market Overview
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Market Competitive Analysis
The market is fragmented. BorgWarner Inc., Delphi Technologies Plc, Emerson Electric Co., General Motors Co., Hitachi Ltd., Johnson Electric Holdings Ltd., Littelfuse Inc., Nidec Corp., Robert Bosch GmbH, and Texas Instruments Inc. are some of the major market participants. Factors such as the protection and safety of automotive solenoid valves will offer immense growth opportunities. However, improper functioning of solenoid valves may impede market growth. To make the most of the opportunities, vendors should focus on growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
To help clients improve their market position, this automotive solenoid market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the marketâ?'s competitive landscape and offers information on the products offered by various companies. Moreover, this automotive solenoid market analysis report provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.
This report provides information on the production, sustainability, and prospects of several leading companies, including:
- BorgWarner Inc.
- Delphi Technologies Plc
- Emerson Electric Co.
- General Motors Co.
- Hitachi Ltd.
- Johnson Electric Holdings Ltd.
- Littelfuse Inc.
- Nidec Corp.
- Robert Bosch GmbH
- Texas Instruments Inc.
Automotive Solenoid Market: Segmentation by Geography
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The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. APAC will offer several growth opportunities to market vendors during the forecast period. The increasing electrification in vehicles will significantly influence the automotive solenoid market's growth in this region.
70% of the marketâ?'s growth will originate from APAC during the forecast period. China, Japan, and India are the key markets for automotive solenoid in APAC. This report provides an accurate prediction of the contribution of all segments to the growth of the automotive solenoid market size.
Automotive Solenoid Market: Key Highlights of the Report for 2020-2024
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will drive automotive solenoid market growth during the next five years
- Precise estimation of the automotive solenoid market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the automotive solenoid industry across APAC, North America, Europe, South America, and MEA
- A thorough analysis of the marketâ?'s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of automotive solenoid market vendors
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Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Engine and control systems - Market size and forecast 2019-2024
- Fuel emission control systems - Market size and forecast 2019-2024
- Market opportunity by Application
Customer Landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2019-2024
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Vendor landscape
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- BorgWarner Inc.
- Delphi Technologies Plc
- Emerson Electric Co.
- General Motors Co.
- Hitachi Ltd.
- Johnson Electric Holdings Ltd.
- Littelfuse Inc.
- Nidec Corp.
- Robert Bosch GmbH
- Texas Instruments Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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automotive solenoid market
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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