Press Release

Explosion Proof Solenoid Valves Market 2023 Key Players, Report on Industry Research till 2028

Nikhil

“Explosion Proof Solenoid Valves Market” Research Report Growth (2023-2028):

A solenoid valve is an electromechanically operated valve. The valve is controlled by an electric current through a solenoid: in the case of a two-port valve the flow is switched on or off; in the case of a three-port valve, the outflow is switched between the two outlet ports. Multiple solenoid valves can be placed together on a manifold.
Explosion Proof Solenoid Valves are solenoid valves for use on actuator control applications located in hazardous areas that are required to comply with the International Electrical Commission Explosive directives or ATEX EU, North American NEC directives.
Market Analysis and Insights: Global Explosion Proof Solenoid Valves Market
Due to the COVID-19 pandemic, the global Explosion Proof Solenoid Valves market size is estimated to be worth USD 566 million in 2022 and is forecast to a readjusted size of USD 688.3 million by 2028 with a CAGR of 2.8% during the forecast period 2023-2028.
The world’s leading manufacturers of explosion proof solenoid valves are Asco, Parker, Kendrion, Festo, SMC, Burkert, Norgren, CKD, Konan Electric and ODE.
Global Explosion Proof Solenoid Valves Scope and Market Size
The global Explosion Proof Solenoid Valves market is segmented by region (country), company, by Type and by Application. Players, stakeholders, and other participants in the global Explosion Proof Solenoid Valves market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

List of TOP KEY PLAYERS in Explosion Proof Solenoid Valves Market Report are –

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