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Synopsis
A steam trap is an automatic valve that allows condensate, air and other non-condensable gases to be discharged from the steam system while holding or trapping the steam in the system. In industry, steam is used regularly for heating or as a driving force for mechanical power. Steam Traps are used in such applications to ensure that steam is not wasted.
The global Steam Trap market was valued at US$ 847 million in 2023 and is anticipated to reach US$ 1095.1 million by 2030, witnessing a CAGR of 3.7% during the forecast period 2024-2030.
Spirax Sarco, Armstrong, TLV, Velan, Emerson, ARI and Forbes Marshall are the key players of Steam Traps. Spirax Sarco is the leader of this industry by 31% market shares.
This report aims to provide a comprehensive presentation of the global market for Steam Trap, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steam Trap.
Report Scope
The Steam Trap market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Steam Trap market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Steam Trap manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company(Partial List)
- Spirax-Sarco Engineering
- Pentair
- The Weir Group
- Flowserve
- Circor
- Emerson Electric
- Schlumberger
- Thermax
- Velan
- Watts Water Technologies
Segment by Type
- Thermodynamic
- Mechanical
- Thermostatic
Segment by Application
- Drip Application
- Process Application
- Tracing Application
Production by Region
- North America
- Europe
- China
- Japan
Consumption by Region
- North America (United States, Canada)
- Europe (Germany, France, U.K., Italy, Netherlands)
- Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
- Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Steam Trap manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Steam Trap by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Steam Trap in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index
1 Steam Trap Market Overview
1.1 Product Definition
1.2 Steam Trap Segment by Type
1.2.1 Global Steam Trap Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Thermodynamic
1.2.3 Mechanical
1.2.4 Thermostatic
1.3 Steam Trap Segment by Application
1.3.1 Global Steam Trap Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Drip Application
1.3.3 Process Application
1.3.4 Tracing Application
1.4 Global Market Growth Prospects
1.4.1 Global Steam Trap Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Steam Trap Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Steam Trap Production Estimates and Forecasts (2019-2030)
1.4.4 Global Steam Trap Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Steam Trap Production Market Share by Manufacturers (2019-2024)
2.2 Global Steam Trap Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Steam Trap, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Steam Trap Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Steam Trap Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Steam Trap, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Steam Trap, Product Offered and Application
2.8 Global Key Manufacturers of Steam Trap, Date of Enter into This Industry
2.9 Steam Trap Market Competitive Situation and Trends
2.9.1 Steam Trap Market Concentration Rate
2.9.2 Global 5 and 10 Largest Steam Trap Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Steam Trap Production by Region
3.1 Global Steam Trap Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Steam Trap Production Value by Region (2019-2030)
3.2.1 Global Steam Trap Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Steam Trap by Region (2025-2030)
3.3 Global Steam Trap Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Steam Trap Production by Region (2019-2030)
3.4.1 Global Steam Trap Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Steam Trap by Region (2025-2030)
3.5 Global Steam Trap Market Price Analysis by Region (2019-2024)
3.6 Global Steam Trap Production and Value, Year-over-Year Growth
3.6.1 North America Steam Trap Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Steam Trap Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Steam Trap Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Steam Trap Production Value Estimates and Forecasts (2019-2030)
4 Steam Trap Consumption by Region
4.1 Global Steam Trap Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Steam Trap Consumption by Region (2019-2030)
4.2.1 Global Steam Trap Consumption by Region (2019-2024)
4.2.2 Global Steam Trap Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Steam Trap Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Steam Trap Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Steam Trap Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Steam Trap Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Steam Trap Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Steam Trap Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Steam Trap Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Steam Trap Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Steam Trap Production by Type (2019-2030)
5.1.1 Global Steam Trap Production by Type (2019-2024)
5.1.2 Global Steam Trap Production by Type (2025-2030)
5.1.3 Global Steam Trap Production Market Share by Type (2019-2030)
5.2 Global Steam Trap Production Value by Type (2019-2030)
5.2.1 Global Steam Trap Production Value by Type (2019-2024)
5.2.2 Global Steam Trap Production Value by Type (2025-2030)
5.2.3 Global Steam Trap Production Value Market Share by Type (2019-2030)
5.3 Global Steam Trap Price by Type (2019-2030)
6 Segment by Application
6.1 Global Steam Trap Production by Application (2019-2030)
6.1.1 Global Steam Trap Production by Application (2019-2024)
6.1.2 Global Steam Trap Production by Application (2025-2030)
6.1.3 Global Steam Trap Production Market Share by Application (2019-2030)
6.2 Global Steam Trap Production Value by Application (2019-2030)
6.2.1 Global Steam Trap Production Value by Application (2019-2024)
6.2.2 Global Steam Trap Production Value by Application (2025-2030)
6.2.3 Global Steam Trap Production Value Market Share by Application (2019-2030)
6.3 Global Steam Trap Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Spirax-Sarco Engineering
7.1.1 Spirax-Sarco Engineering Steam Trap Corporation Information
7.1.2 Spirax-Sarco Engineering Steam Trap Product Portfolio
7.1.3 Spirax-Sarco Engineering Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Spirax-Sarco Engineering Main Business and Markets Served
7.1.5 Spirax-Sarco Engineering Recent Developments/Updates
7.2 Pentair
7.2.1 Pentair Steam Trap Corporation Information
7.2.2 Pentair Steam Trap Product Portfolio
7.2.3 Pentair Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Pentair Main Business and Markets Served
7.2.5 Pentair Recent Developments/Updates
7.3 The Weir Group
7.3.1 The Weir Group Steam Trap Corporation Information
7.3.2 The Weir Group Steam Trap Product Portfolio
7.3.3 The Weir Group Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.3.4 The Weir Group Main Business and Markets Served
7.3.5 The Weir Group Recent Developments/Updates
7.4 Flowserve
7.4.1 Flowserve Steam Trap Corporation Information
7.4.2 Flowserve Steam Trap Product Portfolio
7.4.3 Flowserve Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Flowserve Main Business and Markets Served
7.4.5 Flowserve Recent Developments/Updates
7.5 Circor
7.5.1 Circor Steam Trap Corporation Information
7.5.2 Circor Steam Trap Product Portfolio
7.5.3 Circor Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Circor Main Business and Markets Served
7.5.5 Circor Recent Developments/Updates
7.6 Emerson Electric
7.6.1 Emerson Electric Steam Trap Corporation Information
7.6.2 Emerson Electric Steam Trap Product Portfolio
7.6.3 Emerson Electric Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Emerson Electric Main Business and Markets Served
7.6.5 Emerson Electric Recent Developments/Updates
7.7 Schlumberger
7.7.1 Schlumberger Steam Trap Corporation Information
7.7.2 Schlumberger Steam Trap Product Portfolio
7.7.3 Schlumberger Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Schlumberger Main Business and Markets Served
7.7.5 Schlumberger Recent Developments/Updates
7.8 Thermax
7.8.1 Thermax Steam Trap Corporation Information
7.8.2 Thermax Steam Trap Product Portfolio
7.8.3 Thermax Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Thermax Main Business and Markets Served
7.7.5 Thermax Recent Developments/Updates
7.9 Velan
7.9.1 Velan Steam Trap Corporation Information
7.9.2 Velan Steam Trap Product Portfolio
7.9.3 Velan Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Velan Main Business and Markets Served
7.9.5 Velan Recent Developments/Updates
7.10 Watts Water Technologies
7.10.1 Watts Water Technologies Steam Trap Corporation Information
7.10.2 Watts Water Technologies Steam Trap Product Portfolio
7.10.3 Watts Water Technologies Steam Trap Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Watts Water Technologies Main Business and Markets Served
7.10.5 Watts Water Technologies Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Steam Trap Industry Chain Analysis
8.2 Steam Trap Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Steam Trap Production Mode & Process
8.4 Steam Trap Sales and Marketing
8.4.1 Steam Trap Sales Channels
8.4.2 Steam Trap Distributors
8.5 Steam Trap Customers
9 Steam Trap Market Dynamics
9.1 Steam Trap Industry Trends
9.2 Steam Trap Market Drivers
9.3 Steam Trap Market Challenges
9.4 Steam Trap Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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