Global Fluid Handling Systems Market Size, Trends and Growth Opportunity, 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 and Gas, Water and Wastewater, Energy and Power, Pharmaceutical, Food and Beverage, Chemical, Building and Construction, Pulp and Paper, Metal and Mining, Others), By Region and forecast till 2030.
Global Fluid Handling Systems Market
Global Fluid Handling Systems Market was valued at USD 72439.20 million in 2022 and is slated to reach USD 98944.52 million by 2030 at a CAGR of 5.50% from 2023-2030.
Fluid handling systems are used to measure, manage, and direct the flow of liquids as well as a variety of other fluids, such as slurries, chemicals, sewage water, and hazardous gases. According to a report by the International Energy Agency (IEA), around 40% of the world's CO2 emission reductions are required to keep global warming below 2 °C by 2050. By raising end-use energy efficiency, this can be accomplished.
Market Drivers
One of the key factors propelling the growth of the fluid handling systems market is the rising use of fluid handling systems in the chemical, oil, and gas sectors to handle hazardous chemicals, lubricants, and other toxic substances. In these businesses, it is essential to handle these chemicals safely. The improvement in the efficiency of industrial machinery and the lengthening of lubricant life due to ongoing lubricant filtration speed up market expansion. Continuous use of these systems also helps to reduce the costs associated with machinery repairs and production downtime. The pharmaceutical industry is increasingly using fluid handling systems to prevent contamination that could result from improper chemical handling, which is causing the market to grow more quickly. With the demand for high-quality pharmaceutical products, the integration of the fluid handling system in the pharmaceutical industry has become essential. Additionally, the market for fluid handling systems is positively impacted by expanding urbanisation, lifestyle changes, an increase in expenditures, and rising consumer spending.
Market Restraints
On the other hand, it is anticipated that expensive component adoption and high investment and operating expenses for fluid handling systems will restrain market expansion. Additionally, it is anticipated that the fluid handling systems market will face challenges during the projection period due to the unorganised sector's manufacture of components used in these systems and fierce competition given by local makers.
Impact of COVID-19
Fluid handling systems market among other businesses suffered as a result of COVID-19. Due to the financial issues experienced during the COVID-19 outbreak, both the public and government sectors suffered tremendously. The enactment of lockdown and the social separation rules resulted in the closure of businesses in many nations. The lack of labourers and limited productivity severely hampered the fluid handling systems business. Due to reduced output and industry closures, including those in the chemical, building and construction, and oil and gas sectors, among others, there was a fall in the demand for fluid handling systems. However, after COVID-19, the market for fluid handling systems is anticipated to experience rising demand.
Recent Development
The ID NIMBUS Presto workstation was introduced in April 2020 by Hamilton Co. and Thermo Fischer Scientific. They combined the liquid handling know-how of Hamilton with the nucleic acid purification approach from Thermo Fisher Scientific. This tactical partnership helps the business achieve a competitive edge and advance its position within the industry.
In May 2019, Ingersoll Rand completed the acquisition of Precision Flow Systems. The Carlyle Group and BC Partners Advisors L.P. advised funds that were used to complete the deal for USD 1.45 billion. Numerous industries have relied on Precision Flow System to provide them with facilities for flow management solutions.
Market Segmentation
Global Fluid Handling Systems Market is segmented into Pump, Flow Meter, Control Valve, and Industry. By Pump such as Centrifugal Pumps, Positive Displacement Pumps. By Flow Meter such as Magnetic, Coriolis, Differential Pressure, Ultrasonic, Vortex, Turbine, Thermal, Multiphase, Variable Area. By Control Valve such as Linear Valve (Gate Valve, Diaphragm Valve, Other Valves), Rotary Valve (Ball Valves, Butterfly Valves, Plug Valves). By Industry such as Oil and Gas, Water and Wastewater, Energy and Power, Pharmaceutical, Food and Beverage, Chemical, Building and Construction and paper, Metal and Mining, Others.
Regional Analysis
Global Non-Invasive Cancer Diagnostics Market is segmented into five regions Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market for fluid handling systems is dominated by North America due to the presence of significant biopharmaceutical companies and easy access to cutting-edge technology in the region. In response to the surge in demand for various types of fluid handling system hardware across a number of industries, including building and construction, oil and gas, water and wastewater, and energy and power, Asia-Pacific is anticipated to experience considerable expansion during the forecast period.
Key Players
This report includes a list of numerous Key Players, namely Enovis (US), Crane Co. (UK), Graco Inc. (US), Flowserve Corporation. (US), Ingersoll Rand (Ireland), iDEX (India), SPX FLOW (US), Dover Corporation (US), Bürkert (Germany), Tecan Trading AG (Switzerland).
Market Taxonomy
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
o Gate Valve
o Diaphragm Valve
o Other Valves
• Rotary Valve
o Ball Valves
o Butterfly Valves
o Plug Valves
By Industry
• Oil and Gas
• Water and Wastewater
• Energy and Power
• Pharmaceutical
• Food and Beverage
• Chemical
• Building and Construction
• Pulp and paper
• Metal and Mining
• Others
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Global Fluid Handling Systems Market
1 Introduction
1.1 Objective of the Study
1.2 Market Definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Fluid Handling Systems Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn.
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Fluid Handling Systems Market, By Pump
5.1 Y-o-Y Growth Comparison, By Pump
5.2 Global Fluid Handling Systems Market Share Analysis, By Pump
5.3 Global Fluid Handling Systems Market Size and Forecast, By Pump
5.3.1 Centrifugal Pumps
5.3.2 Positive Displacement Pumps
6 Global Fluid Handling Systems Market, By Flow Meter
6.1 Y-o-Y Growth Comparison, By Flow Meter
6.2 Global Fluid Handling Systems Market Share Analysis, By Flow Meter
6.3 Global Fluid Handling Systems Market Size and Forecast, By Flow Meter
6.3.1 Magnetic
6.3.2 Coriolis
6.3.3 Differential Pressure
6.3.4 Ultrasonic
6.3.5 Vortex
6.3.6 Turbine
6.3.7 Thermal
6.3.8 Multiphase
6.3.9 Variable Area
7 Global Fluid Handling Systems Market, By Control Valve
7.1 Y-o-Y Growth Comparison, By Control Valve
7.2 Global Fluid Handling Systems Market Share Analysis, By Control Valve
7.3 Global Fluid Handling Systems Market Size and Forecast, By Control Valve
7.3.1 Linear Valve
7.3.2 Gate Valve
7.3.3 Diaphragm Valve
7.3.4 Other Valves
7.3.5 Rotary Valve
7.3.6 Ball Valves
7.3.7 Butterfly Valves
7.3.8 Plug Valves
8 Global Fluid Handling Systems Market, By Industry
8.1 Y-o-Y Growth Comparison, By Industry
8.2 Global Fluid Handling Systems Market Share Analysis, By Industry
8.3 Global Fluid Handling Systems Market Size and Forecast, By Industry
8.3.1 Oil and Gas
8.3.2 Water and Wastewater
8.3.3 Energy and Power
8.3.4 Pharmaceutical
8.3.5 Food and Beverage
8.3.6 Chemical
8.3.7 Building and Construction
8.3.8 Pulp and paper
8.3.9 Metal and Mining
8.3.10 Others
9 Global Fluid Handling Systems Market, By Region
9.1 Global Fluid Handling Systems Market Share Analysis, By Region
9.2 Global Fluid Handling Systems Market Size and Forecast, By Region
9.3 Global Fluid Handling Systems Market Trends and Forecast, By Region
10 North America Oats Ingredient Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 North America Oats Ingredient Market Share Analysis, By Pump
10.3 North America Oats Ingredient Market Size and Forecast, By Flow Meter
10.4 North America Oats Ingredient Market Size and Forecast, By Control Valve
10.5 North America Oats Ingredient Market Size and Forecast, By Industry
10.6 North America Oats Ingredient Market Size and Forecast, By Country
10.6.1 U.S.
10.6.1.1. Market Size and Forecast, By Pump
10.6.1.2 Market Size and Forecast, By Flow Meter
10.6.1.3. Market Size and Forecast, By Control Valve
10.6.1.4. Market Size and Forecast, By Industry
10.6.2 Canada
10.6.2.1. Market Size and Forecast, By Pump
10.6.2.2 Market Size and Forecast, By Flow Meter
10.6.2.3. Market Size and Forecast, By Control Valve
10.6.2.4 Market Size and Forecast, By Industry
10.6.3 Mexico
10.6.3.1. Market Size and Forecast, By Pump
10.6.3.2 Market Size and Forecast, By Flow Meter
10.6.3.3. Market Size and Forecast, By Control Valve
10.6.3.4 Market Size and Forecast, By Industry
11 Europe Oats Ingredient Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Europe Oats Ingredient Market Share Analysis, By Pump
11.3 Europe Oats Ingredient Market Size and Forecast, By Flow Meter
11.4 Europe Oats Ingredient Market Size and Forecast, By Control Valve
11.5 Europe Oats Ingredient Market Size and Forecast, By Industry
11.6 Europe Oats Ingredient Market Size and Forecast, By Country
11.6.1 Germany
11.6.1.1. Market Size and Forecast, By Pump
11.6.1.2 Market Size and Forecast, By Flow Meter
11.6.1.3. Market Size and Forecast, By Control Valve
11.6.1.4. Market Size and Forecast, By Industry
11.6.2 France
11.6.2.1. Market Size and Forecast, By Pump
11.6.2.2 Market Size and Forecast, By Flow Meter
11.6.2.3. Market Size and Forecast, By Control Valve
11.6.2.4 Market Size and Forecast, By Industry
11.6.3 UK
11.6.3.1. Market Size and Forecast, By Pump
11.6.3.2 Market Size and Forecast, By Flow Meter
11.6.3.3. Market Size and Forecast, By Control Valve
11.6.3.4 Market Size and Forecast, By Industry
11.6.4. Russia
11.6.4.1. Market Size and Forecast, By Pump
11.6.4.2 Market Size and Forecast, By Flow Meter
11.6.4.3. Market Size and Forecast, By Control Valve
11.6.4.4 Market Size and Forecast, By Industry
11.6.5. Italy
11.6.5.1. Market Size and Forecast, By Pump
11.6.5.2 Market Size and Forecast, By Flow Meter
11.6.5.3. Market Size and Forecast, By Control Valve
11.6.5.4. Market Size and Forecast, By Industry
11.6.6. Spain
11.6.6.1. Market Size and Forecast, By Pump
11.6.6.2 Market Size and Forecast, By Flow Meter
11.6.6.3. Market Size and Forecast, By Control Valve
11.6.6.4. Market Size and Forecast, By Industry
11.6.7. Rest of Europe
11.6.7.1. Market Size and Forecast, By Pump
11.6.7.2 Market Size and Forecast, By Flow Meter
11.6.7.3. Market Size and Forecast, By Control Valve
11.6.7.4. Market Size and Forecast, By Industry
12 Asia Pacific Oats Ingredient Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Asia Pacific Oats Ingredient Market Share Analysis, By Pump
12.3 Asia Pacific Oats Ingredient Market Size and Forecast, By Flow Meter
12.4 Asia Pacific Oats Ingredient Market Size and Forecast, By Control Valve
12.5 Asia Pacific Oats Ingredient Market Size and Forecast, By Industry
12.6 Asia Pacific Oats Ingredient Market Size and Forecast, By Country
12.6.1 China
12.6.1.1. Market Size and Forecast, By Pump
12.6.1.2 Market Size and Forecast, By Flow Meter
12.6.1.3. Market Size and Forecast, By Control Valve
12.6.1.4. Market Size and Forecast, By Industry
12.6.2 Japan
12.6.2.1. Market Size and Forecast, By Pump
12.6.2.2 Market Size and Forecast, By Flow Meter
12.6.2.3. Market Size and Forecast, By Control Valve
12.6.2.4. Market Size and Forecast, By Industry
12.6.3 India
12.6.3.1. Market Size and Forecast, By Pump
12.6.3.2 Market Size and Forecast, By Flow Meter
12.6.3.3. Market Size and Forecast, By Control Valve
12.6.3.4. Market Size and Forecast, By Industry
12.6.4. South Korea
12.6.4.1. Market Size and Forecast, By Pump
12.6.4.2 Market Size and Forecast, By Flow Meter
12.6.4.3. Market Size and Forecast, By Control Valve
12.6.4.4. Market Size and Forecast, By Industry
12.6.5. Australia
12.6.5.1. Market Size and Forecast, By Pump
12.6.5.2 Market Size and Forecast, By Flow Meter
12.6.5.3. Market Size and Forecast, By Control Valve
12.6.5.4 Market Size and Forecast, By Industry
12.6.6. New Zealand
12.6.6.1. Market Size and Forecast, By Pump
12.6.6.2 Market Size and Forecast, By Flow Meter
12.6.6.3. Market Size and Forecast, By Control Valve
12.6.6.4. Market Size and Forecast, By Industry
12.6.7. Singapore
12.6.7.1. Market Size and Forecast, By Pump
12.6.7.2 Market Size and Forecast, By Flow Meter
12.6.7.3. Market Size and Forecast, By Control Valve
12.6.7.4. Market Size and Forecast, By Industry
12.6.8. Malaysia
12.6.8.1. Market Size and Forecast, By Pump
12.6.8.2 Market Size and Forecast, By Flow Meter
12.6.8.3. Market Size and Forecast, By Control Valve
12.6.8.4. Market Size and Forecast, By Industry
12.6.9. Rest of Asia
12.6.9.1. Market Size and Forecast, By Pump
12.6.9.2 Market Size and Forecast, By Flow Meter
12.6.9.3. Market Size and Forecast, By Control Valve
12.6.9.4. Market Size and Forecast, By Industry
13 Latin America Oats Ingredient Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Latin America Oats Ingredient Market Share Analysis, By Pump
13.3 Latin America Oats Ingredient Market Size and Forecast, By Flow Meter
13.4 Latin America Oats Ingredient Market Size and Forecast, By Control Valve
13.5 Latin America Oats Ingredient Market Size and Forecast, By Industry
13.6 Latin America Oats Ingredient Market Size and Forecast, By Country
13.6.1 Brazil
13.6.1.1. Market Size and Forecast, By Pump
13.6.1.2 Market Size and Forecast, By Flow Meter
13.6.1.3. Market Size and Forecast, By Control Valve
13.6.1.4. Market Size and Forecast, By Industry
13.6.2 Argentina
13.6.2.1. Market Size and Forecast, By Pump
13.6.2.2 Market Size and Forecast, By Flow Meter
13.6.2.3. Market Size and Forecast, By Control Valve
13.6.2.4. Market Size and Forecast, By Industry
13.6.3. Colombia
13.6.3.1. Market Size and Forecast, By Pump
13.6.3.2 Market Size and Forecast, By Flow Meter
13.6.3.3. Market Size and Forecast, By Control Valve
13.6.3.4. Market Size and Forecast, By Industry
13.6.4. Peru
13.6.4.1. Market Size and Forecast, By Pump
13.6.4.2 Market Size and Forecast, By Flow Meter
13.6.4.3. Market Size and Forecast, By Control Valve
13.6.4.4 Market Size and Forecast, By Industry
13.6.5. Chile
13.6.5.1. Market Size and Forecast, By Pump
13.6.5.2 Market Size and Forecast, By Flow Meter
13.6.5.3. Market Size and Forecast, By Control Valve
13.6.5.4. Market Size and Forecast, By Industry
13.6.6. Venezuela
13.6.6.1. Market Size and Forecast, By Pump
13.6.6.2 Market Size and Forecast, By Flow Meter
13.6.6.3. Market Size and Forecast, By Control Valve
13.6.6.4. Market Size and Forecast, By Industry
13.6.7. Rest of Latin America
13.6.7.1. Market Size and Forecast, By Pump
13.6.7.2 Market Size and Forecast, By Flow Meter
13.6.7.3. Market Size and Forecast, By Control Valve
13.6.7.4. Market Size and Forecast, By Industry
14 Middle East Oats Ingredient Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Middle East Oats Ingredient Market Share Analysis, By Pump
14.3 Middle East Oats Ingredient Market Size and Forecast, By Flow Meter
14.4 Middle East Oats Ingredient Market Size and Forecast, By Control Valve
14.5 Middle East Oats Ingredient Market Size and Forecast, By Industry
14.6 Middle East Oats Ingredient Market Size and Forecast, By Country
14.6.1. Saudi Arabia
14.6.1.1. Market Size and Forecast, By Pump
14.6.1.2 Market Size and Forecast, By Flow Meter
14.6.1.3. Market Size and Forecast, By Control Valve
14.6.1.4. Market Size and Forecast, By Industry
14.6.2 UAE
14.6.2.1. Market Size and Forecast, By Pump
14.6.2.2 Market Size and Forecast, By Flow Meter
14.6.2.3. Market Size and Forecast, By Control Valve
14.6.2.4. Market Size and Forecast, By Industry
14.6.3 Egypt
14.6.3.1. Market Size and Forecast, By Pump
14.6.3.2 Market Size and Forecast, By Flow Meter
14.6.3.3. Market Size and Forecast, By Control Valve
14.6.3.4. Market Size and Forecast, By Industry
14.6.4 Kuwait
14.6.4.1. Market Size and Forecast, By Pump
14.6.4.2 Market Size and Forecast, By Flow Meter
14.6.4.3. Market Size and Forecast, By Control Valve
14.6.4.4. Market Size and Forecast, By Industry
14.6.5 South Africa
14.6.5.1. Market Size and Forecast, By Pump
14.6.5.2 Market Size and Forecast, By Flow Meter
14.6.5.3. Market Size and Forecast, By Control Valve
14.6.5.4. Market Size and Forecast, By Industry
14.6.6 Rest of Middle East & Africa
14.6.6.1. Market Size and Forecast, By Pump
14.6.6.2 Market Size and Forecast, By Flow Meter
14.6.6.3. Market Size and Forecast, By Control Valve
14.6.6.4 Market Size and Forecast, By Industry
15 Competitive Analysis
15.1 Competition Dashboard
15.2 Market share Analysis of Top Vendors
15.3 Key Development Strategies
16 Company Profiles
16.1 Enovis (US)
16.1.1 Overview
16.1.2 Offerings
16.1.3 Key Financials
16.1.4 Business Segment & Geographic Overview
16.1.5 Key Market Developments
16.1.6 Key Strategies
16.2 Crane Co. (UK)
16.2.1 Overview
16.2.2 Offerings
16.2.3 Key Financials
16.2.4 Business Segment & Geographic Overview
16.2.5 Key Market Developments
16.2.6 Key Strategies
16.3. Graco Inc. (US)
16.3.1 Overview
16.3.2 Offerings
16.3.3 Key Financials
16.3.4 Business Segment & Geographic Overview
16.3.5 Key Market Developments
16.3.6 Key Strategies
16.4 Flowserve Corporation. (US)
16.4.1 Overview
16.4.2 Offerings
16.4.3 Key Financials
16.4.4 Business Segment & Geographic Overview
16.4.5 Key Market Developments
16.4.6 Key Strategies
16.5 Ingersoll Rand (Ireland)
16.5.1 Overview
16.5.2 Offerings
16.5.3 Key Financials
16.5.4 Business Segment & Geographic Overview
16.5.5 Key Market Developments
16.5.6 Key Strategies
16.6 iDEX (India)
16.6.1 Overview
16.6.2 Offerings
16.6.3 Key Financials
16.6.4 Business Segment & Geographic Overview
16.6.5 Key Market Developments
16.6.6 Key Strategies
16.7 SPX FLOW (US)
16.7.1 Overview
16.7.2 Offerings
16.7.3 Key Financials
16.7.4 Business Segment & Geographic Overview
16.7.5 Key Market Developments
16.7.6 Key Strategies
16.8 Dover Corporation (US)
16.8.1 Overview
16.8.2 Offerings
16.8.3 Key Financials
16.8.4 Business Segment & Geographic Overview
16.8.5 Key Market Developments
16.8.6 Key Strategies
16.9 Bürkert (Germany)
16.9.1 Overview
16.9.2 Offerings
16.9.3 Key Financials
16.9.4 Business Segment & Geographic Overview
16.9.5 Key Market Developments
16.9.6 Key Strategies
16.10 Tecan Trading AG (Switzerland)
16.10.1 Overview
16.10.2 Offerings
16.10.3 Key Financials
16.10.4 Business Segment & Geographic Overview
16.10.5 Key Market Developments
16.10.6 Key Strategies
