Market overview: The Solenoid Valve Market was valued at $3.7 billion in 2022 and is estimated to reach $4.6 billion by 2028, with a CAGR of 3.5% from 2023 to 2028. Automobiles employ solenoid valves that are controlled electromechanically. These valves control the flow of fluid or air via engines and other automotive systems. When an electric …
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