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Fluid Handling System Market by Pumps, Control Valves, Flow Meters, Industry And Geography - Global Forecast to 2023

Fluid Handling System Market: Global Forecast until 2023

  • October 2017
  • 165 pages
  • ID: 5144543
In this report:
The fluid handling system market for control valves registered a shipment of ##.## million units in 2016 and is expected to reach ##.## million units by 2023, at a CAGR of ##.##% between 2017 and 2023.
The fluid handling system market for flow meters registered a shipment of ##.## million units in 2016 and is expected to reach ##.## million units by 2023, at a CAGR of ##.##% between 2017 and 2023.

Summary

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Fluid handling system market anticipated to exhibit significant increase between 2017 and 2023

The fluid handling system market is estimated to rise at a compound annual growth rate of 4.80 percent between 2017 and 2023 to be worth ~$73.3B by 2023. The main key factors driving the market rise are the growing demand for distinct types of pumps in the oil and gas sector, strong demand for advanced systems in the chemical and wastewater management sector, and rised focus on plant automation. Nevertheless, Elements such as the high investment and operational cost of fluid handling system restrain the increase of this market

Pumps forecasted to hold a main share of fluid handling system market during the outlook period

Pumps are anticipated to hold a main share of the fluid handling system market by 2023 due to the improved environment for fixed investment spending by developed nations, which will help pump users to invest in expanding and upgrading the facilities. Futhermore, the increased investment in water infrastructure in developing nations will also boost the market increase. The pumps used in industrial applications are usually heavy-duty process pumps. The types of pumps used in the fluid handling system are centrifugal pumps and positive displacement pumps

Water and wastewater market to hold the most important share of the fluid handling system market during the estimate period

The water and wastewater sector is forecasted to hold the biggest share of the market during the outlook period.

The industry demand for upgrading the aging water infrastructure in developed countries is anticipated to encourage investment in fluid handling infrastructure for the water and wastewater market. Also, the quick urbanization and infrastructural development in developing nations have created a demand for fresh water and water sanitation, which would further create a main opportunity for the increase ot the fluid handling system market

Fluid handling system market in RoW forecasted to grow at the highest CAGR (Compound annual growth rate) during the estimate period

The fluid handling system market in RoW is expected to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022 due to the rising industrial infrastructural activities, and oil and gas projects in the Middle East (ME) and South America region. Furthermore, the increasing popularity of fluid handling system in countries including South Africa would further fuel the increase of the market in the RoW area during the outlook period.

The breakdown of the profiles of primary members taking part for the study has been provided below:

• By Company category: Tier 1 = 50.0 percent, Tier 2 = 30.0 percent, and Tier 3 = 20.0 percent

• By Description: C-suite executives = 70.0 percent, Directors = 20.0 percent, and Others = 10.0 percent

• By Area: North America (NA) = 40.0 percent, EU = 35.0 percent, Asia-Pacific = 15.0 percent, and RoW = 10.0 percent

Alfa Laval AB, Colfax Corporation, Crane Co., Flowserve Corporation, and Graco Inc. are among the key players in the fluid handling system market. Other top actors in the fluid handling system market contain Bürkert GmbH & Co. KG, Dover Corporation, INDEX Corporation, Ingersoll-Rand plc, and SPX Flow, Incorporated.

Segment Research

The research report examines the fluid handling system market based on the following segments: pumps, flow meters, control valves, market, and area. The market has been split on the basis of pumps into centrifugal pumps and positive displacement pumps. On the basis of control valves, the sector has been divided into linear vales and rotary valves. Linear valves contain gate valves, diaphragm valves, and others.

Rotary valves contain ball valves, butterfly valves, and plug valves. The industry for flow meters comprises magnetic, coriolis, differential pressure, ultrasonic, vortex, turbine, thermal, multiphase, and variable area flow meters. The markets included in this business report are oil and gas, water and wastewater, energy and power, pharmaceutical, food and beverages, chemical, building and construction, pulp and paper, metal and mining, and others. The analysis also includes the market broken down on the basis of the following regions: North America continent, Europe (EU), Asia-Pac, and RoW.

Main highlights

Figures of segmentation, study, and estimate have been provided for the sector established on pumps, flow meters, control valves, sectors, and localities to offer an global view of the market.

A exhaustive value chain review has been given to provide detailed insight into the industry.

Main drivers, market restraints, alternatives, and opportunities for the sector have been precised in this industry report.

The market research includes the in-depth competitive landscape, together with top market players and their revenues.

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