Refrigeration Solenoid Valves Sales

Refrigeration Solenoid Valves Sales Market Outlook

The global refrigeration solenoid valves market is projected to reach approximately USD 3.8 billion by 2035, with a compound annual growth rate (CAGR) of around 5.8% during the forecast period from 2025 to 2035. This growth trajectory signifies a robust demand for efficient cooling solutions across various sectors, driven by increasing refrigeration needs in commercial, industrial, and residential applications. Additionally, the growing emphasis on energy efficiency and the adoption of advanced technologies in refrigeration systems are further propelling the market forward. The rising awareness regarding the importance of temperature control, alongside the expansion of cold chain logistics, fosters significant opportunities for the development and deployment of advanced solenoid valve solutions. As the refrigeration industry evolves, the role of solenoid valves in ensuring reliable and efficient operation becomes increasingly critical, fostering a healthy growth outlook for the market.

Growth Factor of the Market

One of the primary growth factors for the refrigeration solenoid valves market is the surging demand for refrigeration and air conditioning systems across various industries, particularly in regions experiencing rapid urbanization and population growth. This demand is further augmented by the increased consumption of perishable goods, which necessitates reliable refrigeration solutions in the food and beverage sector. Moreover, advancements in technology, such as the integration of IoT in refrigeration systems, are enhancing the efficiency and functionality of solenoid valves, thus expanding their application scope. The global push for energy-efficient solutions also propels the adoption of innovative solenoid valves designed to minimize energy consumption and reduce greenhouse gas emissions. Furthermore, stringent regulations regarding refrigerant management and energy efficiency standards are compelling manufacturers to innovate and enhance their offerings, driving market growth.

Key Highlights of the Market

• The market is expected to grow at a CAGR of 5.8% from 2025 to 2035.
• Increased awareness regarding energy-efficient refrigeration solutions.
• Growing demand for refrigeration in emerging economies.
• Technological advancements leading to innovative valve designs.
• Expansion of the cold chain sector, especially in food logistics.

By Product Type

Direct-Acting Solenoid Valves:

Direct-acting solenoid valves are widely utilized in refrigeration systems due to their simple design and quick response time. These valves operate directly through electromagnetic action without the need for additional pressure or pilot mechanisms. This feature makes them ideal for applications where immediate actuation is critical, such as in refrigeration and air conditioning systems. The increasing adoption of direct-acting solenoid valves in commercial refrigeration applications is driving market growth, particularly in retail and food service sectors where quick temperature adjustments are essential for preserving product quality. Furthermore, their compact size and ease of installation enhance their appeal to manufacturers, making them a preferred choice in various refrigeration applications.

Pilot-Operated Solenoid Valves:

Pilot-operated solenoid valves are favored for their ability to handle larger flow rates and pressures compared to direct-acting valves. These valves utilize a small pilot valve to control the larger main valve, enabling greater efficiency in fluid control. Their robust performance in demanding industrial refrigeration applications is a significant growth driver in this segment. As industries seek to optimize their refrigeration systems for better energy consumption and cost efficiency, the demand for pilot-operated solenoid valves is anticipated to rise. Their application in commercial and industrial refrigeration systems, where stability and reliability are paramount, further solidifies their market position.

Servo-Operated Solenoid Valves:

Servo-operated solenoid valves are known for their precision control in regulating fluid flow in refrigeration systems. These valves employ a servomechanism to achieve accurate positioning, allowing for fine-tuning of flow rates and pressures. This capability is essential in applications requiring strict adherence to temperature and pressure specifications, such as in specialized industrial refrigeration units. As manufacturers increasingly focus on automation and control of refrigeration systems, the demand for servo-operated solenoid valves is expected to grow. Their ability to integrate with sophisticated control systems enhances their competitiveness, positioning them as a preferred choice for high-end applications.

Two-Way Solenoid Valves:

Two-way solenoid valves play a critical role in controlling the flow of refrigerants and other fluids within refrigeration systems. These valves operate by either allowing or blocking flow in a single direction, making them essential for various applications, including cooling and heating systems. The increasing need for efficient fluid control in both residential and commercial refrigeration systems propels the demand for two-way solenoid valves. Their versatility in applications and compatibility with different refrigerants further enhance their market appeal as businesses seek reliable solutions to maintain optimal performance in their cooling systems.

Three-Way Solenoid Valves:

Three-way solenoid valves are designed to facilitate the mixing or diverting of fluids within refrigeration systems. Their ability to connect to multiple ports allows them to manage complex flow paths, which is particularly useful in applications requiring temperature regulation and fluid distribution. The rising trend towards customized refrigeration solutions in both commercial and industrial sectors is bolstering the demand for three-way solenoid valves. These valves are instrumental in enhancing the efficiency of refrigeration systems, thereby contributing to energy savings and optimized performance, which are key considerations for modern businesses.

By Application

Commercial Refrigeration:

Commercial refrigeration remains one of the leading applications for solenoid valves, driven by the increasing demand from retail and hospitality sectors. These valves play a vital role in ensuring efficient cooling and temperature control in display cases, walk-in coolers, and freezer units. As businesses aim to preserve food quality and extend shelf life, the reliability of refrigeration systems becomes paramount. The growing trend of supermarkets and restaurants investing in advanced refrigeration technologies to maintain optimal conditions for perishables significantly boosts the demand for solenoid valves. Innovations in energy-efficient refrigeration systems are also encouraging the adoption of advanced solenoid valve solutions, which further enhances their market presence in this segment.

Industrial Refrigeration:

The industrial refrigeration sector is witnessing significant growth due to an upsurge in food processing, pharmaceuticals, and chemical industries, which require advanced refrigeration systems for temperature-sensitive processes. Solenoid valves are critical components in large-scale refrigeration systems, regulating the flow of refrigerants to maintain desired temperatures. The need for reliable and efficient refrigeration solutions to comply with safety and quality standards intensifies the demand for solenoid valves across various industrial applications. Moreover, as industries increasingly embrace automation and smart technologies, solenoid valves are being integrated with advanced control systems, further propelling their usage in industrial refrigeration settings.

Residential Refrigeration:

Residential refrigeration applications, including refrigerators and air conditioning systems, are pivotal for solenoid valve sales. The rising disposable incomes and changing consumer lifestyles are leading to an increased demand for energy-efficient home appliances. Solenoid valves are essential for controlling refrigerant flow and ensuring optimal cooling performance in these appliances. As manufacturers innovate and develop smart home systems that incorporate energy-efficient refrigeration technologies, the relevance and application of solenoid valves in residential setups are expected to grow. Consumers’ growing awareness regarding energy savings and sustainability also enhances the attractiveness of advanced solenoid valve solutions in the residential market.

Transport Refrigeration:

Transport refrigeration is a crucial segment, particularly in the context of the global cold chain industry, which is evolving with the increasing need for temperature-sensitive goods transportation. Solenoid valves are employed in refrigerated trucks, shipping containers, and railway cars to ensure that perishable items remain at the required temperatures during transit. The expansion of e-commerce and the rise in demand for fresh produce and pharmaceuticals necessitate reliable transport refrigeration solutions. As logistics companies invest in advanced refrigeration systems to enhance efficiency and minimize losses, the demand for solenoid valves in the transport refrigeration sector is poised for significant growth in the coming years.

Others:

Other applications of refrigeration solenoid valves include specialized uses in laboratory environments, healthcare facilities, and industrial processes requiring precise temperature control. These applications demand sophisticated refrigeration solutions where solenoid valves are instrumental in maintaining the integrity of temperature-sensitive products and processes. The increasing focus on research and development, particularly in biotechnology and pharmaceuticals, drives the need for reliable refrigeration systems equipped with advanced solenoid valves. Moreover, as industries continue to explore novel applications for refrigeration, the versatility and adaptability of solenoid valves will continue to expand, tapping into new markets and opportunities.

By Distribution Channel

OEM:

The OEM (Original Equipment Manufacturer) distribution channel plays a pivotal role in the refrigeration solenoid valves market, as manufacturers often integrate these valves into their refrigeration systems before selling them as complete units. The growing demand for energy-efficient and durable refrigeration solutions among consumers is prompting OEMs to seek high-quality solenoid valves that meet stringent performance standards. The collaboration between solenoid valve manufacturers and OEMs is vital for developing innovative solutions tailored to the unique needs of various applications, enhancing overall market growth. As the global refrigeration market continues to expand, the OEM channel is expected to see a steady increase in demand for advanced solenoid valve technologies.

Aftermarket:

The aftermarket segment for refrigeration solenoid valves is gaining traction due to the increasing need for system maintenance and upgrades in existing refrigeration installations. As businesses seek to optimize their operations and improve energy efficiency, the demand for replacement and aftermarket solenoid valves is on the rise. The aftermarket presents opportunities for suppliers to offer enhanced solenoid valve solutions that provide better performance, energy savings, and compliance with updated regulations. Additionally, the growing trend of retrofitting older refrigeration systems with modern components further boosts the aftermarket segment, driving the demand for solenoid valves designed for easy integration and compatibility.

By Material Type

Brass:

Brass is one of the most commonly used materials for manufacturing refrigeration solenoid valves due to its excellent durability and corrosion resistance. Brass valves are preferred in refrigeration applications where exposure to moisture and refrigerants is a concern. The mechanical properties of brass, combined with its ability to withstand high pressures, make it an ideal choice for both commercial and industrial refrigeration systems. As industries increasingly prioritize reliability and longevity in their equipment, the demand for brass solenoid valves is expected to grow in tandem. Additionally, the aesthetic appeal of brass contributes to its usage in visible applications, further solidifying its market presence.

Stainless Steel:

Stainless steel solenoid valves are gaining popularity in refrigeration applications due to their superior corrosion resistance and ability to withstand extreme temperatures and pressures. These valves are particularly useful in demanding industrial environments where exposure to harsh chemicals and conditions is prevalent. The longevity and performance of stainless steel valves make them a favorable choice for businesses focusing on sustainability and operational efficiency. As industries continue to evolve and emphasize high-performance equipment, the usage of stainless steel solenoid valves is predicted to rise, especially in sectors requiring stringent hygiene and safety standards.

Aluminum:

Aluminum solenoid valves are recognized for their lightweight and high strength, making them suitable for portable refrigeration systems, such as transport refrigeration units. Their resistance to corrosion enhances their effectiveness in various refrigeration applications. The growing trend towards lightweight and energy-efficient solutions in the transport sector boosts the demand for aluminum solenoid valves, especially in applications requiring energy savings and compact designs. As manufacturers explore innovative materials to reduce weight and enhance efficiency, aluminum solenoid valves are expected to gain traction across various refrigeration applications.

Plastic:

Plastic solenoid valves offer several advantages, including resistance to corrosion, lightweight characteristics, and cost-effectiveness, making them suitable for various refrigeration applications. Their versatility allows for their use in environments where traditional materials may not perform adequately. The growing trend of using environmentally friendly materials in manufacturing is also propelling the demand for plastic solenoid valves. As industries increasingly focus on sustainability and eco-friendly solutions, the adoption of plastic valves is anticipated to rise. Furthermore, advancements in plastic technology are enabling the production of high-performance valves capable of meeting the rigorous demands of refrigeration systems.

Others:

The 'others' segment encompasses solenoid valves made from alternative materials and composite designs that combine different elements for enhanced performance. This category includes specialized valves designed for niche applications requiring unique properties, such as ultra-high pressure or extreme temperature resistance. As the refrigeration industry continues to innovate and adapt to changing demands, the development of advanced materials for solenoid valves is expected to gain momentum. This segment's growth reflects the increasing diversity of applications and the necessity for customized solutions in the ever-evolving refrigeration landscape.

By Region

The North American region constitutes a significant share of the refrigeration solenoid valves market, driven by the robust demand for advanced refrigeration solutions in commercial and industrial sectors. The market in North America is projected to grow at a CAGR of 5.5% during the forecast period, fueled by the increasing adoption of energy-efficient technologies and stringent regulations governing refrigerant usage. The United States, as a key player in the refrigeration equipment market, is contributing notably to the growth, as businesses and homeowners alike are increasingly focusing on efficient and reliable refrigeration systems to enhance product quality and reduce operational costs.

In Europe, the refrigeration solenoid valves market is also on an upward trajectory, supported by the region's commitment to sustainability and energy efficiency. Countries such as Germany and France are witnessing significant investments in refrigeration technologies aimed at reducing energy consumption and emissions. The European market is expected to expand as industries embrace innovative solutions designed to comply with environmental regulations. Meanwhile, the Asia Pacific region is emerging as a potential powerhouse for solenoid valve sales, driven by rapid industrialization, urbanization, and the growing demand for refrigeration in developing economies like China and India. The region is anticipated to exhibit the highest CAGR during the forecast period, reflecting the increasing focus on cold chain logistics and food preservation.

Opportunities

The refrigeration solenoid valves market presents numerous opportunities as industries evolve and adapt to new technology trends. The increasing demand for energy-efficient refrigeration systems globally is driving manufacturers to innovate and develop advanced solenoid valve technologies that enhance performance and reduce energy consumption. Additionally, the growth of the cold chain logistics sector, particularly in emerging economies, opens up significant avenues for solenoid valve applications, as businesses seek reliable solutions to maintain temperature-sensitive goods during transit. Innovations in IoT and smart technology further present opportunities for integrating solenoid valves into advanced control systems, providing enhanced monitoring and regulation capabilities. Manufacturers that prioritize research and development to create cutting-edge solenoid valve solutions will likely capture a significant share of the growing market.

Moreover, the ongoing shift towards sustainability and eco-friendly practices across industries creates further opportunities for solenoid valve manufacturers. As businesses strive to reduce their carbon footprint and comply with increasingly stringent regulations on refrigerant usage, the demand for solenoid valves designed to operate with low-GWP (Global Warming Potential) refrigerants is expected to rise. Furthermore, the trend of retrofitting existing refrigeration systems with modern components allows vendors to capture aftermarket sales, enhancing their market positioning. Overall, the refrigeration solenoid valves market is poised for growth as industries embrace innovation and sustainability in their operations.

Threats

The refrigeration solenoid valves market faces certain threats that could hinder its growth potential. One of the primary concerns is the volatility of raw material prices, which can significantly impact the manufacturing costs of solenoid valves. Fluctuations in the prices of metals such as brass and stainless steel, along with the availability of plastic materials, can pose challenges for manufacturers in maintaining competitive pricing while ensuring product quality. Additionally, the presence of counterfeit and low-quality products in the market can compromise the reliability and performance of refrigeration systems, leading to potential customer dissatisfaction and safety concerns, thus affecting the industry's overall reputation.

Another significant threat is the rapid pace of technological advancement, which requires constant innovation and adaptation from manufacturers. Companies that cannot keep up with the evolving market demands and emerging technologies may find themselves at a competitive disadvantage. Furthermore, increasing environmental regulations and the need to comply with stringent standards regarding refrigerant types and emissions can pose challenges for manufacturers in terms of product development and compliance. As the industry shifts towards sustainable practices, companies that fail to align their products with these trends may struggle to remain relevant in the market.

Competitor Outlook

• Emerson Electric Co.
• Honeywell International Inc.
• Danfoss A/S
• Schneider Electric SE
• SPX FLOW, Inc.
• Burkert Fluid Control Systems
• Pentair PLC
• Belimo Holding AG
• VÖGELE AG
• ASCO Valves
• Siemens AG
• Rotork PLC
• Val-Matic Valve & Manufacturing Corp.
• Watts Water Technologies, Inc.
• Festo AG & Co. KG

The competitive landscape of the refrigeration solenoid valves market is characterized by the presence of several key players actively engaged in product innovation and strategic collaborations. Leading companies are increasingly focusing on developing advanced solenoid valve technologies that enhance energy efficiency and comply with evolving environmental regulations. As the market becomes more competitive, manufacturers are investing in research and development to introduce innovative solutions tailored to meet the specific needs of various applications. Furthermore, strategic partnerships and acquisitions are being pursued to expand market reach and strengthen product portfolios, enabling companies to adapt to changing consumer demands effectively.

Among the prominent players, Emerson Electric Co. stands out as a leader in the refrigeration solenoid valves market, delivering a diverse range of solutions for various applications. The company's commitment to innovation and sustainability has positioned it as a key player in the industry. Honeywell International Inc. is another significant competitor, leveraging its expertise in advanced technologies to develop reliable solenoid valve solutions that meet the rigorous demands of modern refrigeration systems. Danfoss A/S is also a notable player, focusing on energy-efficient solutions designed to optimize refrigeration performance while reducing environmental impact, thus catering to the growing demand for sustainable practices in the industry.

Moreover, companies like Schneider Electric SE and SPX FLOW, Inc. are actively expanding their product offerings and enhancing their market presence through innovative solutions and customer-centric approaches. These firms are increasingly emphasizing automation and intelligent control systems, recognizing the pivotal role of solenoid valves in enabling efficient refrigeration processes. As the market continues to evolve, these competitive dynamics are expected to shape the future of the refrigeration solenoid valves sector, driving advancements and fostering growth opportunities for both established players and new entrants.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 Rotork PLC
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Siemens AG
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 ASCO Valves
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Danfoss A/S
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Pentair PLC
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 SPX FLOW, Inc.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 VÖGELE AG
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Belimo Holding AG
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Festo AG & Co. KG
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Emerson Electric Co.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Schneider Electric SE
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Honeywell International Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Burkert Fluid Control Systems
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Watts Water Technologies, Inc.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 Val-Matic Valve & Manufacturing Corp.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Refrigeration Solenoid Valves Sales Market, By Application
    • 6.1.1 Commercial Refrigeration
    • 6.1.2 Industrial Refrigeration
    • 6.1.3 Residential Refrigeration
    • 6.1.4 Transport Refrigeration
    • 6.1.5 Others
  • 6.2 Refrigeration Solenoid Valves Sales Market, By Product Type
    • 6.2.1 Direct-Acting Solenoid Valves
    • 6.2.2 Pilot-Operated Solenoid Valves
    • 6.2.3 Servo-Operated Solenoid Valves
    • 6.2.4 Two-Way Solenoid Valves
    • 6.2.5 Three-Way Solenoid Valves
  • 6.3 Refrigeration Solenoid Valves Sales Market, By Material Type
    • 6.3.1 Brass
    • 6.3.2 Stainless Steel
    • 6.3.3 Aluminum
    • 6.3.4 Plastic
    • 6.3.5 Others

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Refrigeration Solenoid Valves Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Refrigeration Solenoid Valves Sales market is categorized based on

By Product Type

• Direct-Acting Solenoid Valves
• Pilot-Operated Solenoid Valves
• Servo-Operated Solenoid Valves
• Two-Way Solenoid Valves
• Three-Way Solenoid Valves

By Application

• Commercial Refrigeration
• Industrial Refrigeration
• Residential Refrigeration
• Transport Refrigeration
• Others

By Material Type

• Brass
• Stainless Steel
• Aluminum
• Plastic
• Others

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Emerson Electric Co.
• Honeywell International Inc.
• Danfoss A/S
• Schneider Electric SE
• SPX FLOW, Inc.
• Burkert Fluid Control Systems
• Pentair PLC
• Belimo Holding AG
• VÖGELE AG
• ASCO Valves
• Siemens AG
• Rotork PLC
• Val-Matic Valve & Manufacturing Corp.
• Watts Water Technologies, Inc.
• Festo AG & Co. KG