Global Fluid Handling Systems Market was valued at US$ XX Mn in 2019 and is expected to reach US$ XX Mn by 2027, at a CAGR of XX % during a forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Global Fluid Handling Systems MarketGlobal Fluid Handling Systems Market Dynamics:
An increase in demand for different types of pumps in the oil and gas industry, adoption of advanced systems automation in the chemical and wastewater management industries are some of the prominent factors behind the growth of the global fluid handling systems market. Fluid handling systems play an integral role in many manufacturing industries. The continuous research and development activities have improved cost-effectiveness and productivity. The stiff competition offered by the local manufacturers to the established manufacturers is expected to a major challenge in the global fluid handling systems market.
Global Fluid Handling Systems Market Segment Analysis:
The most significant usage of the fluid handling system is the water and wastewater industry. The water and wastewater segment is expected to contribute XX% share in the global fluid handling systems market. The industry is widely adopting automation and integrating centralized control systems to monitor the quality of water, which will fuel the demand for the fluid handling systems market. Also, a strong focus on energy management, the requirement to reduce lifecycle costs to increase operating margins are expected to boost the market growth. Furthermore, population growth in urban areas, industrial development, government policies, and increasing focus on wastewater treatment, which are impelling the market growth.
Global Fluid Handling Systems Market Regional Analysis:
The Asia Pacific held the dominant market share of xx% in 2019 and is expected to continue its dominance in the upcoming years. The growth in the market is attributed to the rapid expansion of the manufacturing sector. Developing countries like China and India have many chemical, pharmaceutical, water, and wastewater industries that demand an extensive requirement for fluid handling systems.
Furthermore, the Middle East Africa region is expected to contribute XX% share in the global fluid handling systems market. Emerging economies in the EMEA are demanding fluid handling system diagnostics to identify minor flaws, leaky spots, and damaged pump components. The oil and gas industry is the primary end-user industry that has a high requirement for the fluid handling system.
Global Fluid Handling Systems Market Competitive Analysis:
The global fluid handling systems market is moderately competitive with a presence of limited prominent key players. The detailed competitive analysis of the global fluid handling systems market has been analyzed in the report.
The objective of the report is to present a comprehensive analysis of the Global Fluid Handling Systems Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language.
The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Fluid Handling Systems Market dynamics, structure by analyzing the market segments and projects the Global Fluid Handling Systems Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Fluid Handling Systems Market make the report investor’s guide.
Global Fluid Handling Systems Market, By Pumps
- Positive Displacement
Global Fluid Handling Systems Market, By Control Valves
Global Fluid Handling Systems Market, By Applications
- Oil and gas
- Power generation
- Water and Wastewater
Global Fluid Handling Systems Market, By Region
- North America
- Asia Pacific
- Middle East Africa
- South America
Global Fluid Handling Systems Market Key Players:
- Shelton Fluid Technology
- Fluid Handling Systems Inc.
- Ingersoll Rand LLC
- Anestiwata Corporation
- Flowserve Corporation
- Metso Corporation
- Pentair Plc
- Crane Fluid Inc
- Flowtech Industries L.L.P
- Entegris Inc.
- Boyser S.R.L
- Graco Inc.
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