Reports - Fluid Handling System Market
Fluid Handling System Market Size, Share & Trends Analysis Report by Pump (Centrifugal Pumps, Positive Displacement Pumps) by Flow Meter (Magnetic, Coriolis, Differential Pressure, Ultrasonic, Vortex, Turbine, Thermal, Multiphase, Variable Area) by Control Valve (Linear Valve, Rotary Valve) by Industry (Oil & Gas, Water & Wastewater, Energy & Power, Pharmaceutical, Food & Beverages, Chemical, Building & Construction, Pulp & Paper, Metal & Mining, Other Industries) by Region (North America, Europe, Asia Pacific, Latin America, Middle East & Africa) - Global Industry Assessment (2018 - 2023) & Forecast (2024 - 2032)
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USD 71.5 Billion
USD 120.2 Billion
4.85%
North America
Asia Pacific
2024
2021 - 2023
2025 - 2035
By Pump , By Flow Meter , By Control Valve , By Industry, By Region
The final deliverable will encompass both quantitative and qualitative data, providing a comprehensive analysis of the market. The scope is customizable.
The global Fluid Handling System Market is valued at USD 71.5 Billion in 2024 and is projected to reach a value of USD 120.2 Billion by 2035 at a CAGR (Compound Annual Growth Rate) of 4.85% between 2025 and 2035.
The Fluid Handling System market is being driven by the increasing demand for efficient and dependable fluid-handling solutions in various. As manufacturing processes become more complex, there is a growing need for systems that can effectively transport, store, and process liquids, gases, and slurries. The growing demand in manufacturing industries, along with the need to comply with strict government regulations on environmental protection and safety, highlights the importance of Fluid Handling Systems.
Economic Insights
The Fluid Handling System market is experiencing strong growth in the economy, driven by the increasing demand for automation and efficiency in industries. This has led to significant investments in advanced fluid-handling technologies. The economic landscape is also influenced by the adoption of sustainable practices, with Fluid Handling Systems becoming more environmentally friendly. This aligns with corporate sustainability goals and a response to environmental regulations.
The Global Fluid Handling System Market is categorized into the segments as mentioned below:
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Based on Pump
Centrifugal Pumps Expected to hold the largest share in Forecast Period
The centrifugal pumps are expected to dominate the Fluid Handling System market. The growth of the centrifugal pump market is mainly driven by the increasing demand within manufacturing sectors like chemical, food and beverage, and oil and gas. The market is also influenced by advancements in pump technologies, such as variable frequency drives (VFDs) and intelligent pump control systems, which improve the efficiency and reliability of centrifugal pumps.
Based on the Flow Meter
Coriolis Flow meter will dominate the market during the Forecast Period
The Coriolis Flow Meter category is expected to dominate the Fluid Handling System market due to its exceptional precision and dependability in measuring various fluids, such as liquids, gases, and slurries. They are commonly used in industries like chemical, food and beverage, oil and gas, and water and wastewater, where high accuracy and reliability are crucial for measuring valuable fluids or overseeing critical processes.
Based on Control Valve
Linear Valve will account for the Largest market share in the Projected Period
The linear valve segment will dominate the Fluid Handling System market because the linear valves are highly accurate and repeatable in controlling the flow of fluids, which is crucial for various applications in the industry. They are suitable for controlling liquids, gases, and slurries, and their superior durability makes them ideal for harsh environments. The growth of the linear valve market is driven by increasing demand in manufacturing industries, heightened awareness of their benefits in terms of accuracy, repeatability, and durability, and the impact of government regulations on environmental protection and food safety, which elevates the demand for linear valves in water and wastewater treatment applications.
Based on Industry
Oil & Gas Category Expected to Dominate the Market in the Projected Period
The oil and gas industry is expected to dominate the Fluid Handling System market due to its heavy reliance on these systems for the transportation, storage, and processing of oil and gas products. The industry is actively investing in innovative technologies to improve the efficiency and reliability of its Fluid Handling Systems. Factors driving this growth include the rising demand for oil and gas products, increased production of shale oil and gas, and increasing recognition of the importance of efficient and reliable Fluid Handling Systems.
North America will Lead the Market in the Predicted Timelines
North America is set to dominate the Fluid Handling System market. The region is home to numerous well-known manufacturers of Fluid Handling Systems, and there is a significant demand for these systems in various industries such as oil and gas, water and wastewater, energy and power, pharmaceuticals, food and beverages, and chemicals. The market in North America is driven by the increasing demand from manufacturing industries, a growing recognition of the various advantages of Fluid Handling Systems, including improved efficiency, reliability, and safety, as well as strict government regulations related to environmental protection and food safety.
The Fluid Handling System market is highly competitive, with key players competing fiercely for market share and recognition. This market is vibrant due to the presence of numerous manufacturers, both established and emerging. Factors such as advancements in technology, innovative fluid handling solutions, and strategic collaborations shape the competitive dynamics. Market players focus on expanding their range of products, improving system efficiency, and adhering to changing industry standards. They also employ strategies like expanding geographically, merging with or acquiring other companies, and forming partnerships to strengthen their global presence and gain a competitive advantage.
The players in the global Fluid Handling System market include Alfa Laval AB (Sweden) among others.
Parameter | Details |
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Segment Covered | By Pump
By Flow Meter
By Control Valve
By Industry
By Region
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Companies Covered |
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