Increasing vehicle production and electrifying is expected to drive market expansion in the near future at a CAGR of 5.60% during the forecast period 2023 to 2032

Market Research Future (MRFR) has published a cooked research report on the “Global Automotive Solenoid Market” that contains information from 2018 to 2032. The automotive solenoid market is estimated to register a CAGR of 5.60% during the forecast period of 2023 to 2032.

MRFR recognizes the following companies as the key players in the global automotive solenoid market— BorgWarner Inc., Nidec Corporation, Robert Bosch GmbH, Denso corporation, Global Point Magnetics Asia Co. Ltd, Hitachi Ltd., Padmini VNA Mechatronics Pvt Ltd, Continental AG, Johnson Electric Holding Ltd., Mitsubishi Electric Corporation and others

Market Highlights

The global automotive solenoid market is accounted to register a CAGR of 5.60% during the forecast period and is estimated to reach USD 7.5 Billion by 2032.

The automotive solenoid market provides essential components for various vehicle systems, including starters, fuel injection, and transmission control. As automotive technology advances, demand for efficient and reliable solenoids continues to grow.

Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Automotive Solenoid Market Report

Segment Analysis

The global automotive solenoid market has been segmented based vehicle type, application and type.

On the basis of vehicle type, the market is segmented into passenger vehicle, LCV, HCV and electric vehicle. The passenger vehicle segment dominated the market in 2022. The market for passenger vehicles has been growing gradually due to rising urbanization, rising living standards, and rising affordability.  

Based on application, the global automotive solenoid market has been segmented into engine control, fuel and emission control, HVAC and others. The fuel and emission control segment dominated the market in 2022. To tackle environmental pollution and lower greenhouse gas emissions, governments around the world have implemented progressively stricter emissions limits. Automakers are equipping their vehicles with cutting-edge pollution control systems in order to comply with these laws.

Based on type, the global automotive solenoid market has been segmented into 2-way valve, 3-way valve, 4-way valve and others. The 2-way valve category generated the most income in 2022. Automobile manufacturers are focusing more on sustainability and reducing the negative environmental effects of their goods.

Regional Analysis

The global automotive solenoid market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Automotive solenoid market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Automotive solenoid market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Automotive solenoid market comprises of Middle East, Africa, and Latin America.

The North America automotive solenoid market dominated this market in 2022 (45.80%). The demand for electric and hybrid vehicles is rising in the North American automotive industry. Soldenoids are essential components of electric and hybrid cars in technologies like battery management and electric power steering. As more people switch to greener, more efficient forms of transportation, solenoids are becoming more and more necessary.

Moreover, the second-largest market share is held by the automotive solenoid market in Europe. Luxury and premium automobile manufacturers are well-known in Europe. Air suspension systems and active chassis control are two examples of the modern technology and features that these vehicles frequently include that rely on solenoids. A driving force in this area is the demand for high-quality solenoids in the luxury vehicle class.

Additionally, the Asia-Pacific automotive solenoid market is expected to grow at the fastest CAGR from 2023 to 2032. In various Asia-Pacific nations, urbanization and rising income have raised demand for personal mobility. Customers are asking for affordable cars with cutting-edge features like solenoid-based motorized windows and electronic fuel injection.

Furthermore, the rest of the world's automotive solenoid market is divided into the Middle East, Africa, and Latin America. Latin America's automotive solenoid market is driven by the need for reliable and efficient vehicle components. Solenoids are essential for various automotive systems, and as the region's automotive sector grows, the market for these components is expanding to meet industry requirements.

Key Findings of the Study

• The global automotive solenoid market is expected to reach USD 7.5 Billion by 2032, at a CAGR of 5.60% during the forecast period.


• The Asia-Pacific region accounted for the fastest-growing global market. Urbanization and rising wealth have increased demand for personal mobility in several Asia-Pacific countries. Customers are looking for low-cost vehicles with advanced technologies like electronic fuel injection and solenoid-based motorized windows.


• Based on type, the 2-way valve segment was attributed to holding the largest market in 2022.


• BorgWarner Inc., Nidec Corporation, Robert Bosch GmbH, Denso corporation, Global Point Magnetics Asia Co. Ltd, Hitachi Ltd., Padmini VNA Mechatronics Pvt Ltd, Continental AG, Johnson Electric Holding Ltd., Mitsubishi Electric Corporation and others.