Automotive Solenoid Market Growth The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032 The Business Research Company's Automotive Solenoid Global Market Report 2023 identifies the rising automation in vehicles as the major driver for the Automotive Solenoid market's growth in the forecast period. Autonomous vehicles are self-driven vehicles, which operate through artificial intelligence.