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Fluid Handling Systems Market Scope & Overview:

The Fluid Handling Systems Market size was estimated at USD 4.5 billion in 2022 and is expected to reach USD 6.5 billion by 2030 at a CAGR of 4.8% during the forecast period of 2023-2030.

Fluid handling systems are made up of many components that help in the effective and safe storage and movement of fluids for various activities. Fluid handling systems are utilized in a variety of applications such as cooling, heat transfer, filtration, dispensing, metering, storage, flow control, and media separation, among others, in many end-use industries. Manufacturers in the fluid handling systems market are concentrating their efforts on creating sophisticated fluid handling systems, such as automated fluid handling systems, to obtain a competitive edge over other market participants. These automated fluid handling systems are used in the pharmaceutical business and may be tailored to meet the needs of the user. 

Fluid handling systems market Revenue Analysis

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MARKET DYNAMICS

DRIVER

  • Rising Water and Wastewater Management Demand

  • Technological Progress

The growing global emphasis on water conservation and wastewater treatment is driving up demand for fluid handling systems in urban and industrial settings. Fluid handling technologies, such as pumps, valves, and sensors, are constantly improving the performance and dependability of these systems.

RESTRAIN 

  • Expensive initial investment The expense of deploying modern fluid handling systems can be significant, particularly for smaller enterprises, creating a barrier to entry.

  • Regular maintenance and operational expenditures connected with fluid handling systems can be substantial, influencing the overall cost of ownership.

  • Market Fragmentation The fluid handling system market is extremely fragmented, with several small and medium-sized competitors, resulting in price rivalry and narrow profit margins.

OPPORTUNITY 

  • Emerging Markets (EM) Due to rising industrialization and urbanization, moving into emerging countries, particularly in Asia-Pacific and Latin America, provides considerable potential.

  • Customization In the fluid handling system market, the capacity to provide customized solutions adapted to specific industrial demands can be a competitive advantage.

CHALLENGES

  • The competition is fierce.

  • Complexity of technology

  • Disruptions in the Supply Chain

With several worldwide and regional competitors, the fluid handling system market is extremely competitive, making it difficult for new entrants to establish a firm footing. Manufacturers may find it difficult to keep up with rapid technological breakthroughs and integrate new technology into current systems. Natural catastrophes and pandemics can interrupt the supply chain, reducing the availability of crucial components and resources.

IMPACT OF RUSSIAN RUSSIAN-UKRAINE WAR

Sanctions and export restrictions because of the war, nations may impose export restrictions and penalties on specific items and technologies. This has the potential to have an impact on the worldwide commerce of fluid handling systems and related components. Critical Infrastructure Investment In some instances, conflicts can encourage governments to invest in crucial infrastructure, such as water supply and wastewater treatment facilities. This may present opportunities for fluid handling system vendors in afflicted areas. Changes in Market Dynamics As enterprises adjust to shifting geopolitical situations, the fluid handling system market may see changes in competitiveness and market dynamics. To reduce risks, new firms may enter the market, and current businesses may create alliances or explore other markets.

IMPACT OF ONGOING RECESSION

Mergers and conglomerations Recessions can lead to industry consolidation as larger businesses attempt to buy weaker competitors or develop strategic alliances to bolster their market positions. Aftermarket Services As organizations attempt to extend the life of existing equipment rather than invest in new systems, aftermarket services such as maintenance, repairs, and replacement parts for current fluid handling systems may see a rise in demand.

KEY MARKET SEGMENTATION

By Component

By End-Use

  • Industry

  • Chemical

  • Food Processing

  • Power Generation

  • Marine

  • Others

Fluid handling systems market Segmentation Analysis

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REGIONAL COVERAGE

North America

  • US

  • Canada

  • Mexico

Europe

  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

REGIONAL ANALYSES

North America is a mature market for fluid handling systems, with a significant demand for innovative technology and a strong presence of key industry competitors. The United States is the region's largest market for fluid handling systems.

Europe is an important market for fluid handling systems, owing to rising demand for energy-efficient solutions and environmentally friendly technology. The region boasts a significant presence of market leaders as well as a developed industrial sector.

Asia-Pacific Driven by rising demand from China, India, and Japan, Asia-Pacific is a fast-expanding market for fluid handling systems. The region is distinguished by a rapidly expanding industrial sector as well as a significant demand for energy-efficient technology.

Key Players

The major key players are Alfa Laval, KSB Company, Crane Co., Colfax Fluid Handling, Graco, VRC Industrial Solutions, Watec Fluid Handling Systems Co., Ltd, Raymond Network, Parker Hannifin, Chesterton, LobePro, IFH Group, Alemite Lubrication, Des-Case Corporation, Dover, Alfa Wasserman, Fraser Ross Ltd, and others.

Alfa Laval-Company Financial Analysis

RECENT DEVELOPMENT

Dover: In 2022, Dover acquired Witte Pumps & Technology GmbH, a manufacturer of precision pumps and gears. Witte is well-known for its expertise and cutting-edge technical solutions in the chemical, plastics, and food processing industries.

Alfa Laval: In 2021, Alfa Laval introduced a revolutionary pump system for the fluid handling sector. The pump's unique design focuses on ensuring efficient performance that meets the most recent global cleaning standards while also allowing for simple maintenance.

Fluid Handling Systems Market Report Scope:

Report Attributes Details
Market Size in 2022  US$ 4.5 Bn
Market Size by 2030  US$ 6.5Bn
CAGR   CAGR of 4.8% From 2023 to 2030
Base Year  2022
Forecast Period  2023-2030
Historical Data  2019-2021
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Component (Pump, Centrifugal, Positive Displacement, Control Valves, Sliding, Rotary, Others, Storage Tanks, Others)
• By End-Use (Industry, Chemical, Food Processing, Power Generation, Marine, Others)




 
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia Rest of Latin America)
Company Profiles Alfa Laval, KSB Company, Crane Co., Colfax Fluid Handling, Graco, VRC Industrial Solutions, Watec Fluid Handling Systems Co., Ltd, Raymond Network, Parker Hannifin, Chesterton, LobePro, IFH Group, Alemite Lubrication, Des-Case Corporation, Dover, Alfa Wasserman, Fraser Ross Ltd
Key Drivers • Rising Water and Wastewater Management Demand
• Technological Progress
The growing global emphasis on water conservation and wastewater treatment is driving up demand for fluid handling systems in urban and industrial settings. Fluid handling technologies, such as pumps, valves, and sensors, are constantly improving the performance and dependability of these systems.
 
Market Opportunity • Emerging Markets (EM) Due to rising industrialization and urbanization, moving into emerging countries, particularly in Asia-Pacific and Latin America, provides considerable potential.
• Customization In the fluid handling system market, the capacity to provide customized solutions adapted to specific industrial demands can be a competitive advantage.

 

 

Frequently Asked Questions

Ans: The Fluid Handling Systems Market is expected to grow at a CAGR 4.8% from 2023 to 2030.

Ans: According to our analysis, the Fluid Handling Systems Market is anticipated to reach USD 6.5 billion By 2030.

Ans: The advantages of utilizing a fluid handling system include increased efficiency, precision, and control over fluid flow; less downtime and maintenance costs; and increased safety.

Ans: The leading participants the Alfa Laval, KSB Company, Crane Co., Colfax Fluid Handling, Graco, VRC Industrial Solutions, and Watec Fluid Handling Systems Co.

Ans: Yes, you may request customization based on your company's needs.

TABLE OF CONTENTS

1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Research Methodology

3. Market Dynamics

3.1 Drivers

3.2 Restraints

3.3 Opportunities

3.4 Challenges

4. Impact Analysis

4.1 Impact of the Russia-Ukraine War

4.2 Impact of Ongoing Recession

4.2.1 Introduction

4.2.2 Impact on major economies

4.2.2.1 US

4.2.2.2 Canada

4.2.2.3 Germany

4.2.2.4 France

4.2.2.5 United Kingdom

4.2.2.6 China

4.2.2.7 Japan

4.2.2.8 South Korea

4.2.2.9 Rest of the World

5. Value Chain Analysis

6. Porter’s 5 forces model

7. PEST Analysis

8. Fluid Handling Systems Market, By Component

8.1 Pump

8.2 Centrifugal

8.3 Positive Displacement

8.4 Control Valves

8.5 Sliding

8.6 Rotary

8.7 Others

8.8 Storage Tanks

8.9 Others

9. Fluid Handling Systems Market, By End-Use

9.1 Industry

9.2 Chemical

9.3 Food Processing

9.4 Power Generation

9.5 Marine

9.6 Others

10. Regional Analysis

10.1 Introduction

10.2 North America

10.2.1 North America Fluid Handling Systems Market, by Country

10.2.2North America Fluid Handling Systems Market, By Components

10.2.3 North America Fluid Handling Systems Market, By End-Use

10.2.4 USA10.2.4.1 USA Fluid Handling Systems Market, By Components

10.2.4.2 USA Fluid Handling Systems Market, By End-Use

10.2.5 Canada10.2.5.1 Canada Fluid Handling Systems Market, By Components

10.2.5.2 Canada Fluid Handling Systems Market, By End-Use

10.2.6 Mexico

10.2.6.1 Mexico Fluid Handling Systems Market  By Components

10.2.6.2 Mexico Fluid Handling Systems Market  By End-Use

10.3 Europe

10.3.1 Eastern Europe

10.3.1.1 Eastern Europe Fluid Handling Systems Market  by Country

10.3.1.2 Eastern Europe Fluid Handling Systems Market  By Components

10.3.1.3 Eastern Europe Fluid Handling Systems Market  By End-Use

10.3.1.4 Poland

10.3.1.4.1 Poland Fluid Handling Systems Market  By Components

10.3.1.4.2 Poland Fluid Handling Systems Market  By End-Use

10.3.1.5 Romania

10.3.1.5.1 Romania Fluid Handling Systems Market  By Components

10.3.1.5.2 Romania Fluid Handling Systems Market  By End-Use

10.3.1.6 Hungary

10.3.1.6.1 Hungary Fluid Handling Systems Market  By Components

10.3.1.6.2 Hungary Fluid Handling Systems Market  By End-Use

10.3.1.7 Turkey

10.3.1.7.1 Turkey Fluid Handling Systems Market  By Components

10.3.1.7.2 Turkey Fluid Handling Systems Market  By End-Use

10.3.1.8 Rest of Eastern Europe

10.3.1.8.1 Rest of Eastern Europe Fluid Handling Systems Market  By Components

10.3.1.8.2 Rest of Eastern Europe Fluid Handling Systems Market  By End-Use

10.3.2 Western Europe

10.3.2.1 Western Europe Fluid Handling Systems Market  by Country

10.3.2.2 Western Europe Fluid Handling Systems Market  By Components

10.3.2.3 Western Europe Fluid Handling Systems Market  By End-Use

10.3.2.4 Germany

10.3.2.4.1 Germany Fluid Handling Systems Market  By Components

10.3.2.4.2 Germany Fluid Handling Systems Market  By End-Use

10.3.2.5 France

10.3.2.5.1 France Fluid Handling Systems Market  By Components

10.3.2.5.2 France Fluid Handling Systems Market  By End-Use

10.3.2.6 UK10.3.2.6.1 UK Fluid Handling Systems Market  By Components

10.3.2.6.2 UK Fluid Handling Systems Market  By End-Use

10.3.2.7 Italy

10.3.2.7.1 Italy Fluid Handling Systems Market  By Components

10.3.2.7.2 Italy Fluid Handling Systems Market  By End-Use

10.3.2.8 Spain

10.3.2.8.1 Spain Fluid Handling Systems Market  By Components

10.3.2.8.2 Spain Fluid Handling Systems Market  By End-Use

10.3.2.9 Netherlands

10.3.2.9.1 Netherlands Fluid Handling Systems Market  By Components

10.3.2.9.2 Netherlands Fluid Handling Systems Market  By End-Use

10.3.2.10 Switzerland

10.3.2.10.1 Switzerland Fluid Handling Systems Market  By Components

10.3.2.10.2 Switzerland Fluid Handling Systems Market  By End-Use

10.3.2.11 Austria

10.3.2.11.1 Austria Fluid Handling Systems Market  By Components

10.3.2.11.2 Austria Fluid Handling Systems Market  By End-Use 

10.3.2.12 Rest of Western Europe

10.3.2.12.1 Rest of Western Europe Fluid Handling Systems Market  By Components

10.3.2.12.2 Rest of Western Europe Fluid Handling Systems Market  By End-Use 

10.4 Asia-Pacific

10.4.1 Asia Pacific Fluid Handling Systems Market  by Country

10.4.2 Asia Pacific Fluid Handling Systems Market  By Components 

10.4.3 Asia Pacific Fluid Handling Systems Market  By End-Use By Components

10.4.4 China

10.4.4.1 China Fluid Handling Systems Market  By Components 

10.4.4.2 China Fluid Handling Systems Market  By End-Use

10.4.5 India

10.4.5.1 India Fluid Handling Systems Market  By Components

10.4.5.2 India Fluid Handling Systems Market  By End-Use

10.4.6 Japan

10.4.6.1 Japan Fluid Handling Systems Market  By Components

10.4.6.2 Japan Fluid Handling Systems Market  By End-Use

10.4.7 South Korea

10.4.7.1 South Korea Fluid Handling Systems Market  By Components

10.4.7.2 South Korea Fluid Handling Systems Market  By End-Use

10.4.8 Vietnam

10.4.8.1 Vietnam Fluid Handling Systems Market  By Components

10.4.8.2 Vietnam Fluid Handling Systems Market  By End-Use

10.4.9 Singapore

10.4.9.1 Singapore Fluid Handling Systems Market  By Components

10.4.9.2 Singapore Fluid Handling Systems Market  By End-Use

10.4.10 Australia

10.4.10.1 Australia Fluid Handling Systems Market  By Components

10.4.10.2 Australia Fluid Handling Systems Market  By End-Use

10.4.11 Rest of Asia-Pacific

10.4.11.1 Rest of Asia-Pacific Fluid Handling Systems Market  By Components

10.4.11.2 Rest of Asia-Pacific Fluid Handling Systems Market  By End-Use

10.5 Middle East & Africa

10.5.1 Middle East

10.5.1.1 Middle East Fluid Handling Systems Market  by Country

10.5.1.2 Middle East Fluid Handling Systems Market  By Components 

10.5.1.3 Middle East Fluid Handling Systems Market  By End-Use

10.5.1.4 UAE

10.5.1.4.1 UAE Fluid Handling Systems Market  By Components

10.5.1.4.2 UAE Fluid Handling Systems Market  By End-Use

10.5.1.5 Egypt

10.5.1.5.1 Egypt Fluid Handling Systems Market  By Components

10.5.1.5.2 Egypt Fluid Handling Systems Market  By End-Use

10.5.1.6 Saudi Arabia

10.5.1.6.1 Saudi Arabia Fluid Handling Systems Market  By Components

10.5.1.6.2 Saudi Arabia Fluid Handling Systems Market  By End-Use

10.5.1.7 Qatar

10.5.1.7.1 Qatar Fluid Handling Systems Market  By Components

10.5.1.7.2 Qatar Fluid Handling Systems Market  By End-Use

10.5.1.8 Rest of Middle East

10.5.1.8.1 Rest of Middle East Fluid Handling Systems Market  By Components

10.5.1.8.2 Rest of Middle East Fluid Handling Systems Market  By End-Use

10.5.2 Africa

10.5.2.1 Africa Fluid Handling Systems Market  by Country

10.5.2.2 Africa Fluid Handling Systems Market  By Components

 10.5.2.3 Africa Fluid Handling Systems Market  By End-Use

10.5.2.4 Nigeria

10.5.2.4.1 Nigeria Fluid Handling Systems Market  By Components

10.5.2.4.2 Nigeria Fluid Handling Systems Market  By End-Use

10.5.2.5 South Africa

10.5.2.5.1 South Africa Fluid Handling Systems Market  By Components 

10.5.2.5.2 South Africa Fluid Handling Systems Market  By End-Use

10.5.2.6 Rest of Africa

10.5.2.6.1 Rest of Africa Fluid Handling Systems Market  By Components

10.5.2.6.2 Rest of Africa Fluid Handling Systems Market  By End-Use

10.6 Latin America

10.6.1 Latin America Fluid Handling Systems Market  by Country

10.6.2 Latin America Fluid Handling Systems Market  By Components 

10.6.3 Latin America Fluid Handling Systems Market  By End-Use

10.6.4 Brazil

10.6.4.1 Brazil Fluid Handling Systems Market  By Components

10.6.4.2 Brazil Fluid Handling Systems Market  By End-Use

10.6.5 Argentina

10.6.5.1 Argentina Fluid Handling Systems Market  By Components

10.6.5.2 Argentina Fluid Handling Systems Market  By End-Use

10.6.6 Colombia

10.6.6.1 Colombia Fluid Handling Systems Market  By Components

10.6.6.2 Colombia Fluid Handling Systems Market  By End-Use

10.6.7 Rest of Latin America

10.6.7.1 Rest of Latin America Fluid Handling Systems Market  By Components

10.6.7.2 Rest of Latin America Fluid Handling Systems Market  By End-Use

11. Company Profile

11.1 Alfa Laval

11.1.1 Company Overview

11.1.2 Financials

11.1.3 Product/Services Offered

11.1.4 SWOT Analysis

11.1.5 The SNS View

11.2 KSB Company

11.2.1 Company Overview

11.2.2 Financials

11.2.3 Product/Services Offered

11.2.4 SWOT Analysis

11.2.5 The SNS View

11.3 Crane Co

11.3.1 Company Overview

11.3.2 Financials

11.3.3 Product/Services Offered

11.3.4 SWOT Analysis

11.3.5 The SNS View

11.4 Colfax Fluid Handling

11.4.1 Company Overview

11.4.2 Financials

11.4.3 Product/Services Offered

11.4.4 SWOT Analysis

11.4.5 The SNS View

11.5 Graco

11.5.1 Company Overview

11.5.2 Financials

11.5.3 Product/Services Offered

11.5.4 SWOT Analysis

11.5.5 The SNS View

11.6 VRC Industrial Solutions 

11.6.1 Company Overview

11.6.2 Financials

11.6.3 Product/Services Offered

11.6.4 SWOT Analysis

11.6.5 The SNS View

11.7 Watec Fluid Handling Systems Co., Ltd

11.7.1 Company Overview

11.7.2 Financials

11.7.3 Product/Services Offered

11.7.4 SWOT Analysis

11.7.5 The SNS View

11.8 Raymond Network

11.8.1 Company Overview

11.8.2 Financials

11.8.3 Product/Services Offered

11.8.4 SWOT Analysis

11.8.5 The SNS View

11.9 Parker Hannifin

11.9.1 Company Overview

11.9.2 Financials

11.9.3 Product/ Services Offered

11.9.4 SWOT Analysis

11.9.5 The SNS View

11.10 Chesterton

11.10.1 Company Overview

11.10.2 Financials

11.10.3 Product/Services Offered

11.10.4 SWOT Analysis

11.10.5 The SNS View

12. Competitive Landscape

12.1 Competitive Benchmarking

12.2 Market Share Analysis

12.3 Recent Developments

12.3.1 Industry News

12.3.2 Company News

12.3.3 Mergers & Acquisitions

13. USE Cases and Best Practices

14. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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