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shital patil @go_65a7c397167e0
At A CAGR 7.6% Automotive Solenoid Market Size, Trends & Analysis to (2023-2030)
The Global Automotive Solenoid Market size is expected to grow from USD 5.44 billion in 2022 to USD 9.78 billion by 2030, at a CAGR of 7.6% during the forecast period (2023-2030).
An automotive solenoid is an electromechanical device used in vehicles for various purposes, typically to control the flow of fluids, such as fuel or air, or to actuate mechanical components. Solenoids consist of a coil of wire wound around a metal core, known as a plunger, that moves when an electrical current is applied.
The report evaluates the market size of the Automotive Solenoid Market and studies the strategy patterns adopted by the prominent international players. The report also analyses the market’s size in terms of projected revenue for the future. All of the data numbers, such as percentage splits and breakdowns, are calculated from secondary sources and confirmed from original sources. The market’s supply and demand sides are also covered in the research. It provides profiles and analysis of market leaders and other prominent businesses.
The Major Players In The Automotive Solenoid Market Include:
Mitsubishi Electric Corporation,Nidec Corporation,MVD Auto Components Pvt.Ltd.,Stoneridge Inc.,Aptiv PLC,Bitron Industrie S.p.A,BorgWarner Inc.,Continental AG,Cumsa Corporation-Lockcarft,Global Point Magnetics Asia Co. Ltd.,Denso Corporation,GKN PLC,Hitachi Ltd.,Husco International Inc.,Robert Bosch GmbH,Johnson Electric Holdings Ltd.,Parker Hannifin Corporation,Schaeffler AG,Kendrion NV,Magnet - Schultz GmbH & Co. Kg,Rotex Automation Limited,Padmini Vna Mechatronics Pvt Ltd,Pneumadyne Inc.,TLX Technologies LLC.,WABCO Holdings Inc. and other major players.
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10:13 AM - May 09, 2024 (UTC)

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