Solenoid Valve Market Overview on Demanding Applications 2032
Solenoid Valve Market Overview: In 2022, the solenoid valve market was estimated to be worth USD 5.5 billion. The market for solenoid valves is expected to expand at a compound annual growth rate (CAGR) of 4.60% between 2023 and 2032, from USD 5.7 billion in 2023 to USD 4.60 billion by 2032. Solenoid valves, the electromechanical devices used to control the flow of liquids or gases, have gained...
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