About the battery valve industry situation from a multi-dimensional perspective
Market size and growth
The global solenoid valve market size is expected to reach 4.8 billion US dollars in 2024, and is projected to grow at a compound annual growth rate of 5.0% from 2025 to 2029. Among them, the automotive solenoid valve market is developing rapidly, with a market size of 10.397 billion yuan in 2024, a year-on-year increase of 6.18%. The rise of new energy vehicles is an important driving factor, and their battery management systems, motor control systems, etc. have a strong demand for solenoid valves. At the same time, the development of industrial automation, smart homes, environmental protection equipment and other fields has also brought new growth momentum to the solenoid valve market.
Technological development trends
One is the application of intelligent control technology. Solenoid Valve 186-1526 are connected to sensors, actuators, and other devices to achieve remote monitoring, intelligent scheduling, and other functions. For example, by integrating IoT modules, the working status of valves can be monitored in real time. The second is low-power design. By using magnetic circuit optimization and other technologies, the energy consumption of solenoid valves has been reduced, for example, some products have reduced their energy consumption by 40%. The third is the use of highly reliable materials and the improvement of manufacturing processes, such as the use of nanocomposite sealing technology, which reduces the leakage rate to below 0.1ml/min and increases the product’s working life to 10 million cycles.
Regional market situation
China is an important producer and exporter of solenoid valves in the global market, with production enterprises mainly located in regions such as Jiangsu and Hebei. In 2024, the total export volume of solenoid valves in China is about 92.701 million sets, with a total export value of about 2.81 billion yuan, mainly exported to Southeast Asia, North America, Africa and other regions. Thailand is one of the major demand countries, and the development of its petrochemical and other industries has driven the release of demand in the solenoid valve market.
