A solenoid is a coil that is wrapped around a firmly packed helix. In
physical science, solenoid is a coil, the length of which is
considerably larger than its diameter, wrapped round a metallic core
that generates an even magnetic field in space when electric current
passes through the solenoid. It is a kind of electromagnet, the
purpose of which is to produce a meticulous magnetic field. Sometimes
the function of solenoids is to inhibit the alterations in the
electric current; the solenoid is then called an inductor, and not an
electromagnet.However, not all inductors and electromagnets are
solenoids.
An automobile solenoid may be used for a variety of purposes
including car start and automatic transmission. A solenoid in cars is
a vital part of the starter and it works as a kind of liaison for
electricity to reach thestarter from the battery. As the production
of vehicles are increasing at a steady rate, so is the demand for
solenoid. According to OICA, 94,976,569 cars were produced in 2016, a
4.6% rise from the 2015 figures of 90,780,583 cars. Therefore, the
automotive
solenoid market is likely to gain traction in the coming years
owing to the increasing demand for cars.
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Another factor that is likely to gain momentum is the use of solenoid
in the automatic transmission of cars. Contemporary automatic
transmission cars use a hydraulic fluid under pressure in order to
change gears. Each time a gear is changed, the car’s computer
system activates a solenoid (transmission), which then directs the
transmission fluid into the body of the valve in order to employ the
right gear. As the need for automatic transmission is increasing
around the globe, the market for automotive solenoid is poised to
grow at a considerable rate as well.
The global automotive solenoid market is segmented on the basis of
function, vehicle type, application, and geography. By function, the
market is segregated into fluid control, gas control, and motion
control. The motion control segment in the global automotive solenoid
market owing to the growing prevalence of automation of body control
applications in a vehicle. In terms of vehicle type, the market can
be divided into passenger vehicles, commercial vehicles, and electric
vehicles. The passenger vehicles segment accounted for the maximum
market share of the market in 2016 owing to high number of passenger
vehicles and in every vehicle, automotive solenoids are used. The
electric vehicle segment is likely to as the use of solenoid in
electric vehicles cars is gaining momentum owing to high number of
solenoids being used per car. Based on application, the market is
classified into engine control and cooling system, fuel and emission
control, body control and interiors, HVAC system, safety and
security, others. The body control and interiors sectorheld the
maximum market share in 2016 owing to its varied applications in all
passenger vehicle as well as commercial vehicles and the
incorporation of the same from the manufacturers’ end.
In terms of geography, the global automotive solenoidmarketcan be
segmented into North America, Europe, Asia Pacific, Latin America,and
Middle East &Africa.Asia Pacific is likely to dominate the global
market during the forecast period. The region consistsof some of the
major developing countries including India,China, and South Korea.
This has resulted intoa rise in automotive solenoid volumes, with
original equipment manufacturers catering to both domestic and
overseas demand.
Key players operating in the global automotive solenoidmarketinclude
Continental AG (Germany), Hitachi Ltd. (Japan), Robert Bosch GmbH
(Germany), Delphi Automotive PLC (U.K.), Mitsubishi Electric
Corporation (Japan), Johnson Electric Holding (China), and BorgWarner
(U.S.)
The report offers a comprehensive evaluation of the market. It does
so via in-depth qualitative insights, historical data, and verifiable
projections about market size. The projections featured in the report
have been derived using proven research methodologies and
assumptions. By doing so, the research report serves as a repository
of analysis and information for every facet of the market, including
but not limited to: Regional markets, technology, types, and
applications.
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