Many customers have to wait 4 weeks to 12 weeks to get the standard catalogue product while customize solenoid valve development takes as long as 1.5– 2 years losing a huge opportunity for business and saving possibilities. These values we have found to be going as high as 11,000,000 USD which directly hits the bottom line.

Many times, post-dispatch lead time of solenoid valve from its plant location till it reaches and commissions at your customer location goes beyond 6 months because of which many time solenoid warranties are not fully protecting you from any mal-function during your warranty period. We find customer may lose around 4.5% of their total purchase of the solenoid valvewhich comes around 45,000 USD per year considering 1M USD purchase.

SIL2 and SIL3 certifications based on IEC 61508 are becoming basic requirement for safety critical applications and in multi part assembly involving solenoid valves it becomes a challenge to meet needed Dangerous λ values. It is seen even 10% lower Dangerous λ values creates big impact in overall calculations. Due to very few SIL3 certified solenoid valve suppliers in the world, customer struggles with no better option and have found to be losing as high as 17M USD revenue opportunities.

Many times customers are stuck with single source of solenoid valve especially due to adopting a particular mounting and piping layout suiting to existing solenoid valve supplier. Due to huge cost of change dual sourcing or alternate sourcing of the solenoid valves becomes a challenge. Due to this Monopolistic environment, the customers end up paying premium for existing solenoid valve designs resulting them to lose possible savings up to 37% - 57% per valve