Fluid Handling System Market reports helps you prepare to better ride the business cycles while anticipating the future. Fluid Handling System Industry Outlook report helps you anticipate upcoming trends.. The Fluid Handling System market accounted for $XX million in 2018, and is expected to reach $XX million by 2024, registering a CAGR of YY% from 2019 to 2024.
Fluid Handling System market size will grow from USD 54.60 Billion in 2017 to USD 72.26 Billion by 2023, at an estimated CAGR of 4.78%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The growth of this market is propelled by the increasing demand for different types of pumps in the oil and gas industry, high demand for advanced systems in the chemical and wastewater management industries, and increased focus on plant automation. Pumps are expected to hold the largest share of the overall fluid handling system market in 2018. They are used for a wide range of applications. Additionally, the global pump market is increasingly witnessing the adoption of advanced intelligent pump technology, which is further expected to encourage the growth of the market.
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List of key players profiled in the Fluid Handling System market research report:
Alfa Laval , Colfax , Crane , Graco , Flowserve , Ingersoll-Rand , IDEX , SPX Flow , Dover , Bürkert , Fluid Global Solutions, Alpeco, Ebara International, , ,
By Pump
Centrifugal Pumps, Positive Displacement Pump, , ,
By Control Valve
Rotary Valve, Linear Valves, , ,
By Flow Meter
Magnetic Flow Meters , Coriolis , Ultrasonic , Vortex , Multiphase
By Industry
Oil and Gas , Water and Wastewater , Chemical , Energy and Power , Food and Beverages
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The global Fluid Handling System market is segmented based on product, end user, and region.
Region wise, it is analyzed across North America (U.S., Canada, and Mexico), Europe (Germany, UK, Italy, Spain, France, and rest of Europe), Asia-Pacific (Japan, China, Australia, India, South Korea, Taiwan, and, rest of Asia-Pacific) and EMEA (Brazil, South Africa, Saudi Arabia, UAE, rest of EMEA).
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Moreover, other factors that contribute toward the growth of the Fluid Handling System market include favorable government initiatives related to the use of Fluid Handling System. On the contrary, high growth potential in emerging economies is expected to create lucrative opportunities for the market during the forecast period.
Key Benefits for Stakeholders from Fluid Handling System Market Report:
This report entails a detailed quantitative analysis along with the current global Fluid Handling System market trends from 2019 to 2026 to identify the prevailing opportunities along with the strategic assessment.
The Fluid Handling System market size and estimations are based on a comprehensive analysis of key developments in the industry.
A qualitative analysis based on innovative products facilitates strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the Fluid Handling System industry.
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