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Market Analysis
Solenoid valves are used in proportional control technology, which is ideal for precise performance in variable pressure or flow applications. Equipment designers find solenoid valves less complicated than other technologies, providing dependable, cost-effective, compact solutions for faster response and consistent control.
Solenoid valves find vast applications in the automobile, chemical & petrochemical, food & beverages, and other industries. With the spurring rise in the above-mentioned end-user industries, the solenoid valve markets worldwide are garnering significant traction. According to Market Research Future (MRFR),
 the global solenoid valves market size is projected to reach approx USD 4.6 Billion by 2026, growing at a 3.3% CAGR during the forecast period ....

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