Global “Automotive Solenoid Market” 2018 – 2026 Report provides an analytical calculation of the prime challenges faced by this market at present and in the forthcoming years, which helps market participants in recognizing the difficulties they may face while operating in this market over a longer period. Automotive solenoid is a small but significant component incorporated in the automobile for certain applications such as automatic transmissions and vehicle ignition. In an engine starter, the solenoid powers the starter by creating a contact between the starter and the battery, due to which it finds great importance in the automobile industry. According to OICA, there was a 2.4% rise in the sales of vehicles from the year 2016 to 2017. Technological advancements in automatic transmission systems have surged the use of solenoids in them, which enhance the gear shifting efficiency. The increasing demand of electric cars is anticipated to create profitable opportunities for the market players as electric cars are incorporated with several solenoids. Request For Sample PDF Report (Kindly Use Your Bussiness/Corporate Email Id to Get Priority):