Steam Trap Market by Product (Thermodynamic, Mechanical, and Thermostatic), by Application (Drip Application, Process Application, and Tracing Application), by Material (Steel and Iron), and by End-user (Oil & Gas and Power Industry, Pharmaceuticals, Food & Beverage, pulp & Paper, General Industry, and Others) - Global Opportunity Analysis and Industry Forecast, 2020-2027
|
A02766
|
Pages: NA
|
May 2020 |
1900 Views
|
|
|
|
Author(s) :
NA
|
Tables: NA
|
Charts: NA
|
Formats*:
|
|
A stream trap is used to release condensate and non-condensable gasses with unimportant loss of live steam. In other words, it is a drain valve, which distinguishes between steam and condensate. The steam trap holds back steam and discharges condensates under varying pressure or loads. The working of a steam trap is much the same as redid valve that opens, closes, or modifies automatically. The three central segments of steam trap structure are to release condensate when it is formed; unless it is enchanting to utilize it, have the farthest point of releasing air and other non-condensable gasses and particularly have an insignificant steam consumption-being energy efficient.
Strict regulatory framework that is being imposed by the regulatory bodies to reduce the carbon foot print, end-user industries actively using steam traps to cut down their cost on fuel, and growth in sustainability concerns are expected to be the factors for growth in the market. However, unwillingness to use such system limits the growth of the market.
The steam trap market is segmented into product, application, material, end user, and geography. By product, it is further divided into thermodynamic, mechanical, and thermostatic. By application, it is classified into drip application, process application, and tracing application. By material, it is bifurcated into steel and iron. By end user, it is categorized into oil & gas, power industry, pharmaceuticals, food & beverage, pulp & paper, general industry, and others. By geography, it is analyzed across North-America, Europe, Asia-Pacific, and LAMEA.
The key players mentioned in the report are CIRCOR International, Inc., Emerson Electric Co., Flowserve Corporation, Pentair PLC, Schlumberger N.V., Spirax-Sarco Engineering plc, Thermax Limited, The Weir Group PLC, Velan Inc., and Watts Water Technologies, Inc.
Key Benefits
- This report provides an extensive analysis of the current and emerging market trends and dynamics in the global steam trap market.
- In-depth analysis is conducted by constructing market estimations for the key market segments between 2017 and 2023.
- Exhaustive analysis of the market by product helps understand the technologies that are currently used along with the variants that are expected to gain prominence in the future.
- Competitive intelligence helps understand the competitive scenario across the geographies as well as among the players.
Steam Trap Market Key Segmentation:
BY PRODUCT
- Thermodynamic
- Mechanical
- Thermostatic
BY APPLICATION
- Drip Application
- Process Application
- Tracing Application
BY MATERIAL
- Steel
- Iron
BY END-USER
- Oil & Gas
- Power Industry
- Pharmaceuticals
- Food & Beverage
- Pulp & Paper
- General Industry
- Others
BY GEOGRAPHY
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Russia
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- Rest of Asia-Pacific
- LAMEA
- Latin America
- Middle East
- Africa
Key Players
- CIRCOR International, Inc.
- Emerson Electric Co.
- Flowserve Corporation
- Pentair PLC
- Schlumberger N.V.
- Spirax-Sarco Engineering plc
- Thermax Limited
- The Weir Group PLC
- Velan Inc.
- Watts Water Technologies, Inc.
We offer our clients exhaustive research and analysis based on wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics and regional intelligence. Our in-house industry experts play instrumental role in designing analytic tools and models, tailored to the requirements of particular industry segment. These analytical tools and models sanitize the data & statistics and enhance the accuracy of our recommendations and advice. With AMR’s calibrated research process and 360` degree data-evaluation methodology, our clients are assured of receiving:
- Consistent, valuable, robust and actionable data & analysis that can easily be referenced for strategic business planning
- Technologically sophisticated and reliable insights through well audited and veracious research methodology
- Sovereign research proceeds that present a tangible depiction of marketplace
With a strong methodology we are, therefore, confident that our research and analysis are most reliable and guarantees sound business planning.
Secondary research
We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry
- Patent and regulatory databases for understanding of technical & legal developments
- Scientific and technical writings for product information and related preemptions
- Regional government and statistical databases for macro analysis
- Authentic new articles, web-casts and other related releases for market evaluation
- Internal and external proprietary databases, key market indicators and relevant press releases for market estimates and forecast
Primary research
Our primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks and face-to-face interactions. We are also in professional corporate relations with various companies that allow us greater flexibility for reaching out industry participants and commentators for interviews and discussions, fulfilling following functions:
- Validates and improves the data quality and strengthens research proceeds
- Further develops analyst team’s market understanding and expertise
- Supplies authentic information about market size, share, growth and forecasts
Our primary research interview and discussion panels are typically composed of most experienced industry members. These participants include; however, not limited to:
- Chief executives and VPs of leading corporations specific to industry
- Product and sales managers or country heads; channel partners and top level distributors; banking, investments and valuation experts Key opinion leaders (KOLs)
Analyst tools and models
AMR has developed set of analyst tools and data models to supplement and expedite the analysis process. Corresponding to markets, where there is significant lack of information and estimates, AMR’s team of experts and analyst develop specific analyst tools and industry models to translate qualitative and quantitative industry indicators into exact industry estimates. These models also allow analysts to examine the prospects and opportunities prevailing in the market to accurately forecast the course of the market.
REQUEST TOC/SAMPLE
Purchase Full Report of
Steam Trap Market- Global Opportunity Analysis and Industry Forecast, 2020-2027
- Online Only
-
$3,456$3,110 - Online cloud access only
- Restricted print, copy, paste & download
- Read only
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Data Pack
-
$3,840$3,456 - Restricted to one authorized user
- One print only
- Available in
Excel - Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Single User
-
$5,370$4,833 - Restricted to one authorized user
- One print only
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Five Users
-
$6,450$5,805 - Limited to five authorized users
- Print upto five copies
- Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
-
Enterprise
License/PDF -
$8,995$8,096 - Unlimited
within
company/enterprise - Available in Excel & PDF
- Free quarterly industry update
- Free report update (Within 180 days)
- Subscription model sign in
- Library Membership
- $0.00
- Published Content
E-access - Company Profiles
E-access - Newly Added Content Access
- 10 PDF
Downloads - 5 Excel Data
Pack Downloads - 250 Company Profiles PDF Downloads
-
Start reading.
Buy Now
This title and over 12,000+ are available on the Avenue Library. Subscription @ $699 T&C*.
*Taxes/Fees, if applicable will be added during checkout. All prices in USD
Why Allied Market Research?
Infallible Methodology
To ensure high-level data integrity, accurate analysis, and impeccable forecasts
Analyst Support
For complete satisfaction
Customization
On-demand customization of scope of the report to exactly meet your needs
TARGETED MARKET VIEW
Targeted market view to provide pertinent information and save time of readers
Get fresh content delivered
Get insights on topics that are crucial for your business. Stay abreast of your interest areas.