Automotive Solenoid Market - Top Companies and Manufacturers

  • Report ID: 5412
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Companies Dominating the Automotive Solenoid Landscape

    • Mitsubishi Electric Corporation
    • Company Overview
    • Business Strategy
    • Key Product Offerings
    • Financial Performance
    • Key Performance Indicators
    • Risk Analysis
    • Recent Development
    • Regional Presence
    • SWOT Analysis
    • TLX Technologies
    • Continental AG
    • BorgWarner Inc.
    • Aera GCS Private Limited
    • Emerson Electric Co.
    • Jaksa d.o.o.
    • NINGBO BRANDO HARDWARE CO., LTD
    • Rotex Automation
    • UNICK Corporation
    • Robert Bosch GmbH
    • Denso Corporation
    • Delphi

Browse Key Market Insights with Data Illustration:

In the News

  • February 2023: Mitsubishi Electric Corporation announced that it had acquired Scibreak AB, a Swedish company and a manufacturer of direct current circuit breakers (DCCBs). The main purpose of this acquisition is to innovate more advanced DCCB technologies for high voltage direct current systems to support the growth of renewable energy.
  • February 2022: TLX Technologies, partnered with Dana to provide electromagnetic solutions for manufacturing an advanced thermal management system for e-Drive units. The design and technology provided by TLX Technologies will help Dana to make a more advanced thermal management system. TLX’s energy-efficient on-off valves and proportional valves will be integrated into Dana’s thermal management system.

Author Credits:  Saima Khursheed


  • Report ID: 5412
  • Published Date: Oct 22, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2025, the industry size of automotive solenoid valve is evaluated at USD 5.44 billion.

Automotive Solenoid Market size was valued at USD 5.14 billion in 2024 and is projected to exceed USD 13 billion by the end of 2037, expanding at over 7.4% CAGR during the forecast period i.e., between 2025-2037. Increasing electric vehicle uses, growth of automobile industry and fuel-efficient vehicle will drive the market growth.

Asia Pacific industry is poised to account for largest revenue share of 37% by 2037, driven by strong presence of significant automakers like China, India, and others.

The major players in the market are TLX Technologies, Continental AG, BorgWarner Inc., Aera GCS Private Limited, Emerson Electric Co., Jaksa d.o.o., NINGBO BRANDO HARDWARE CO., LTD, Rotex Automation, UNICK Corporation Robert Bosch GmbH, Denso Corporation, Delph.
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