FMI Report States Global Solenoid Valve Market Size Estimated to Cross USD 6.9 Billion Milestone by 2033, Driving 4.5% CAGR Growth

According to a recent FMI study, the solenoid valve market is anticipated to reach USD 4.5 billion in 2023. The market is projected to grow at a CAGR of 4.5% from 2023 to 2033, reaching USD 6.9 billion by 2033. Strict regulations in the food and beverage and medical industries, especially in developed countries, are propelling the …

Global Solenoid Valve Market Revenue Share Estimated to Surge Past USD 6.9 Billion by 2033, Growing Steadily at 4.5% CAGR | FMI Projection

According to a recent FMI study, the solenoid valve market is anticipated to reach USD 4.5 billion in 2023. The market is projected to grow at a CAGR of 4.5% from 2023 to 2033, reaching USD 6.9 billion by 2033. Strict regulations in the food and beverage and medical industries, especially in developed countries, are propelling the …