Rising demand for automation in several end-use sectors, such as healthcare, transport and logistics, and Food & Beverage (F&B), is a key factor driving market revenue growth Increasing number of supportive government initiatives in the form of funds and investments The global Solenoid Valve Market size was USD 4.35 Billion in 2022 and is expected to register a steady revenue CAGR of 4.9% over the forecast period, according to a latest report by Reports and Data. Technological advancements and rising need for automation fluid control are major factors driving market revenue growth.…
Solenoid Valve Market: Growth Drivers, Regional Trends and Forecasts to 2032
