Hydraulic Solenoid Valve Market Growth: 2037 Current Trends Analysis
The Hydraulic Solenoid Valve Market has demonstrated consistent expansion, supported by rising industrial automation, infrastructure development, and increasing adoption of advanced hydraulic systems across multiple industries. In 2024, the global market was valued at USD 3.2 billion and is expected to reach USD 6.9 billion by 2037. This steady progression reflects a compound annual growth rate (CAGR) of 6.1% during the forecast period from 2025 to 2037.