Steam Trap Market - Global Forecast To 2029
商品番号 : SMB-42275
| 出版社 | MarketsandMarkets |
| 出版年月 | 2024年11月 |
| ページ数 | 253 |
| 図表数 | 309 |
| 価格タイプ | シングルユーザライセンス |
| 価格 | USD 4,950 |
| 種別 | 英文調査報告書 |
Report Overview
The global steam trap market was valued at USD 4.57 billion in 2024 and is projected to reach USD 5.57 billion by 2029; it is expected to register a CAGR of 4.1% during the forecast period. Rising demand for energy-efficient systems is driving the growth of the steam trap market. Whereas need for substantial recurring and operational expenses is restraining the growth of the steam trap market.
世界のスチームトラップ市場は2024年に45億7000万米ドルと評価され、2029年までに55億7000万米ドルに達すると予測されています。予測期間中に 4.1% の CAGR を記録すると予想されます。
“Thermodynamic segment is expected to account for the largest share in steam trap market.”
Thermodynamic steam traps rely on the mechanism of temperature differential, which can distinguish between the hot live steam and relatively cold condensate. Thermodynamic steam traps are generally offered at competitive prices that make them an attractive choice for business looking for optimization of energy cost. Further, due to the fact that such steam traps are available from most manufacturers, procurement is achieved easily and continuously without constraints relating to size or scale of any industry. Not only does this widespread availability make purchasing easier, but also the flexibility in sourcing is feasible as firms can purchase from several suppliers for the needs perceived to be met by the specific requirements, such as price, quality, and delivery times.
“Steel segment is likely to hold the largest share in steam trap market in 2024.”
Steel steam traps holds the largest share of the steam trap market due to their great strength and tensile strength, along with their resistance capabilities to pressures and high temperature. These properties make them more suitable for demanding industrial applications in oil & gas, chemical, and energy & power industry groups where performance consistency and long service life are crucial. Steel steam traps have fewer corrosion properties and, therefore, find preference in aggressive or hazardous fluids. The widespread nature across different industries, which provides consistent results under rough operating conditions, contributes to a leading position in the market for steel steam traps.
“Asia Pacific is expected to hold the largest market share of the steam trap market in 2029.”
Asia Pacific is expected to hold the largest market share of the steam trap market due to the region’s extensive industrialization and expanding infrastructure. Industries like oil and gas, chemicals, food and beverages, pharmaceuticals, require steam traps; they enhance the efficiency of steam management and provide a loss in energy. In addition, requirements for energy in developing countries across Asia pacific are growing, and hence the development of power plants is on the rise, with the resultant growth of steam trap demand in the steam-based energy system. The large infrastructure projects of industrial facilities and energy plants that started long ago has increased the demand for steam traps, and with this trend, Asia Pacific has maintained its leading position in the market.
Breakdown of primaries
The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:
- By Company Type – Tier 1 – 40%, Tier 2 – 35%, Tier 3 – 25%
- By Designation— C-level Executives – 45%, Directors – 35%, Others – 20%
- By Region—North America – 30%, Europe – 25%, Asia Pacific – 40%, RoW – 5%
The steam trap market is dominated by a few globally established players such as Spirax Group plc (UK), Emerson Electric Co. (US), Thermax Limited (India), SLB(US), Velan Inc (Canada), Watts (US), Armstrong International Inc. (US), TLV CO., LTD. (Japan), Forbes Marshall (India), Xylem (US). The study includes an in-depth competitive analysis of these key players in the steam trap market, with their company profiles, recent developments, and key market strategies.
Research Coverage:
The report segments the steam trap market and forecasts its size by product type, connection, body material, pressure, size, application, end user industry, and region. The report also discusses the drivers, restraints, opportunities, and challenges pertaining to the market. It gives a detailed view of the market across four main regions—North America, Europe, Asia Pacific, and RoW. Supply chain analysis has been included in the report, along with the key players and their competitive analysis in the steam trap ecosystem.
Key Benefits to Buy the Report:
- Analysis of key drivers (Rising demand for energy efficient steam systems, increasing integration of automation in steam systems and need to enhance manufacturing efficiency and compliance with environmental regulations). Restraint (Need for substantial recurring and operational expenses), Opportunity (Rapid economic growth in emerging economies, Integration of steam traps with IoT sensors), Challenges (Lack of awareness about benefits of steam trap systems).
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the steam trap market.
- Market Development: Comprehensive information about lucrative markets – the report analyses the steam trap market across varied regions
- Market Diversification: Exhaustive information about new products and services, untapped geographies, recent developments, and investments in the steam trap market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players Spirax Group plc (UK), Emerson Electric Co. (US), Thermax Limited (India), SLB (US), Velan Inc (Canada) among others in the steam trap market.
Table of Contents
1 INTRODUCTION 24
1.1 STUDY OBJECTIVES 24
1.2 MARKET DEFINITION 24
1.3 STUDY SCOPE 25
1.3.1 MARKETS COVERED AND REGIONAL SCOPE 25
1.3.2 INCLUSIONS AND EXCLUSIONS 26
1.3.3 YEARS CONSIDERED 26
1.4 CURRENCY CONSIDERED 27
1.5 UNIT CONSIDERED 27
1.6 STAKEHOLDERS 27
1.7 LIMITATIONS 27
1.8 SUMMARY OF CHANGES 27
2 RESEARCH METHODOLOGY 29
2.1 RESEARCH DATA 29
2.1.1 SECONDARY DATA 30
2.1.1.1 List of key secondary sources 30
2.1.1.2 Key data from secondary sources 30
2.1.2 PRIMARY DATA 31
2.1.2.1 List of primary interview participants 31
2.1.2.2 Breakdown of primaries 31
2.1.2.3 Key data from primary sources 32
2.1.2.4 Key industry insights 32
2.1.3 SECONDARY AND PRIMARY RESEARCH 33
2.2 MARKET SIZE ESTIMATION METHODOLOGY 34
2.2.1 BOTTOM-UP APPROACH 35
2.2.1.1 Approach to estimate market size using bottom-up analysis 35
2.2.2 TOP-DOWN APPROACH 36
2.2.2.1 Approach to estimate market size using top-down analysis 36
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 37
2.4 RESEARCH ASSUMPTIONS 38
2.5 RESEARCH LIMITATIONS 38
2.6 RISK ANALYSIS 39
3 EXECUTIVE SUMMARY 40
4 PREMIUM INSIGHTS 44
4.1 ATTRACTIVE GROWTH OPPORTUNITIES FOR PLAYERS IN STEAM TRAP MARKET 44
4.2 STEAM TRAP MARKET, BY PRODUCT TYPE 44
4.3 STEAM TRAP MARKET, BY CONNECTION 45
4.4 STEAM TRAP MARKET, BY BODY MATERIAL 45
4.5 STEAM TRAP MARKET, BY PRESSURE 46
4.6 STEAM TRAP MARKET, BY SIZE 46
4.7 STEAM TRAP MARKET, BY APPLICATION 47
4.8 STEAM TRAP MARKET, BY END-USE INDUSTRY 47
4.9 STEAM TRAP MARKET, BY REGION 48
4.10 STEAM TRAP MARKET, BY COUNTRY 48
5 MARKET OVERVIEW 49
5.1 INTRODUCTION 49
5.2 MARKET DYNAMICS 49
5.2.1 DRIVERS 50
5.2.1.1 Growing demand for energy-efficient steam systems 50
5.2.1.2 Shift toward automation 50
5.2.1.3 Need to comply with environmental regulations 50
5.2.2 RESTRAINTS 51
5.2.2.1 High costs associated with maintenance and inspection 51
5.2.3 OPPORTUNITIES 52
5.2.3.1 Rapid industrialization and expanding manufacturing sectors in developing countries 52
5.2.3.2 Integration of steam traps with IoT sensors 53
5.2.4 CHALLENGES 53
5.2.4.1 Lack of awareness about benefits of steam trap systems 53
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 54
5.4 PRICING ANALYSIS 55
5.4.1 AVERAGE SELLING PRICE TREND OF STEAM TRAPS OFFERED
BY KEY PLAYERS, BY PRODUCT TYPE, 2021–2023 (USD) 55
5.4.2 AVERAGE SELLING PRICE TREND OF STEAM TRAPS, 2019–2023 56
5.4.3 AVERAGE SELLING PRICE TREND OF STEAM TRAPS, BY REGION, 2019–2023 57
5.5 VALUE CHAIN ANALYSIS 58
5.6 ECOSYSTEM ANALYSIS 59
5.7 INVESTMENT AND FUNDING SCENARIO 61
5.8 IMPACT OF AI/GENERATIVE AI ON STEAM TRAP MARKET 61
5.8.1 INTRODUCTION 61
5.9 TECHNOLOGY ANALYSIS 62
5.9.1 KEY TECHNOLOGIES 63
5.9.1.1 Remote monitoring 63
5.9.1.2 IoT 63
5.9.2 COMPLIMENTARY TECHNOLOGIES 64
5.9.2.1 Energy management systems 64
5.9.3 ADJACENT TECHNOLOGIES 64
5.9.3.1 Ultrasonic testing 64
5.10 PATENT ANALYSIS 65
5.11 TRADE ANALYSIS 68
5.11.1 IMPORT DATA (HS CODE 8481) 68
5.11.2 EXPORT DATA (HS CODE 8481) 69
5.12 KEY CONFERENCES AND EVENTS, 2024–2026 70
5.13 CASE STUDY ANALYSIS 71
5.13.1 SPIRAX GROUP OFFERED TRAPTEST VKP TO BASF THAT RESULTED IN SIGNIFICANT COST SAVINGS 71
5.13.2 UNIVERSITY OF NOTRE DAM COLLABORATED WITH ARMSTRONG INTERNATIONAL TO IMPLEMENT STEAM TRAP MANAGEMENT PROGRAM THAT REGULATED CO2 EMISSIONS AND REDUCED OPERATIONAL COSTS 72
5.13.3 PACKAGING FACILITY IN US IMPLEMENTED KADANT JOHNSON 45-SERIES THAT IMPROVED HEAT TRANSFERS 72
5.14 TARIFF AND REGULATORY LANDSCAPE 73
5.14.1 TARIFF ANALYSIS 73
5.14.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
5.14.3 STANDARDS 77
5.15 PORTER’S FIVE FORCES ANALYSIS 78
5.15.1 THREAT OF NEW ENTRANTS 79
5.15.2 THREAT OF SUBSTITUTES 79
5.15.3 BARGAINING POWER OF BUYERS 79
5.15.4 BARGAINING POWER OF SUPPLIERS 80
5.15.5 INTENSITY OF COMPETITIVE RIVALRY 80
5.16 KEY STAKEHOLDERS AND BUYING CRITERIA 81
5.16.1 KEY STAKEHOLDERS IN BUYING PROCESS 81
5.16.2 BUYING CRITERIA 82
6 STEAM TRAP MARKET, BY PRODUCT TYPE 83
6.1 INTRODUCTION 84
6.2 MECHANICAL 86
6.2.1 BALL FLOAT STEAM TRAPS 87
6.2.1.1 Increasing demand for customized options to foster market growth 87
6.2.2 INVERTED BUCKET STEAM TRAPS 87
6.2.2.1 Government-led initiatives to boost adoption of advanced steam management solutions to fuel market growth 87
6.3 THERMODYNAMIC 91
6.3.1 DISC STEAM TRAPS 91
6.3.1.1 Increasing focus on energy efficiency to foster market growth 91
6.3.2 PISTON TYPE STEAM TRAPS 92
6.3.2.1 Growing emphasis on minimizing energy wastage to accelerate demand 92
6.4 THERMOSTATIC 95
6.4.1 BALANCED PRESSURE STEAM TRAPS 96
6.4.1.1 Ability to minimize steam loss and optimize condensate discharge to boost demand 96
6.4.2 BIMETALLIC STEAM TRAPS 96
6.4.2.1 Ability to withstand high temperatures and pressures to foster market growth 96
6.4.3 LIQUID EXPANSION STEAM TRAPS 97
6.4.3.1 Stringent regulations to enhance energy efficiency and monitor emissions to accelerate demand 97
6.4.4 BELLOWS STEAM TRAPS 97
6.4.4.1 Reduced maintenance requirements with effective venting capabilities to boost demand 97
7 STEAM TRAP MARKET, BY CONNECTION 103
7.1 INTRODUCTION 104
7.2 SCREWED 105
7.2.1 INCREASING APPLICATION IN SMALL TO MEDIUM-SIZED STEAM SYSTEMS TO DRIVE MARKET 105
7.3 FLANGED 106
7.3.1 EASE OF INSTALLATION AND MAINTENANCE TO BOOST DEMAND 106
7.4 SOCKET WELDED 106
7.4.1 RISING DEMAND FOR EFFICIENT AND HIGH-PERFORMING SYSTEMS TO FOSTER MARKET GROWTH 106
7.5 OTHER CONNECTIONS 106
7.5.1 SWIVEL 106
7.5.2 BUTT WELD 107
8 STEAM TRAP MARKET, BY BODY MATERIAL 108
8.1 INTRODUCTION 109
8.2 STEEL 110
8.2.1 GROWING DEMAND FOR CORROSION-RESISTANT MATERIALS TO ACCELERATE DEMAND 110
8.3 IRON 112
8.3.1 RISING DEMAND FOR FLEXIBLE AND CRACK-RESISTANT MATERIALS TO FUEL MARKET GROWTH 112
8.4 OTHER BODY MATERIALS 115
8.4.1 BRASS 115
8.4.2 BRONZE 115
9 STEAM TRAP MARKET, BY PRESSURE 118
9.1 INTRODUCTION 119
9.2 ≤ 10 BARS 120
9.2.1 INCREASING APPLICATION IN FOOD PROCESSING, TEXTILES, AND COMMERCIAL HEATING SYSTEMS TO DRIVE MARKET 120
9.3 >10 BARS–≤ 25 BARS 121
9.3.1 RISING EMPHASIS ON ADOPTION OF SUSTAINABLE MANUFACTURING PROCESSES TO FOSTER MARKET GROWTH 121
9.4 >25 BARS 121
9.4.1 RISING NEED FOR ENERGY EFFICIENCY IN POWER AND INDUSTRIAL SECTORS TO ACCELERATE DEMAND 121
10 STEAM TRAP MARKET, BY SIZE 122
10.1 INTRODUCTION 123
10.2 ≤DN 25 124
10.2.1 INCREASING IMPLEMENTATION IN COMPACT AND LIGHTWEIGHT SYSTEMS TO BOOST DEMAND 124
10.3 >DN 25–≤DN 65 125
10.3.1 RISING APPLICATION IN POWER GENERATION AND CHEMICAL PROCESSING TO FOSTER MARKET GROWTH 125
10.4 > DN 65 125
10.4.1 GROWING EMPHASIS ON BOOSTING ENERGY EFFICIENCY AND REDUCING EMISSIONS TO DRIVE MARKET 125
11 STEAM TRAP MARKET, BY APPLICATION 127
11.1 INTRODUCTION 128
11.2 TRACING 129
11.2.1 RISING FOCUS ON ADOPTING ENERGY-SAVING TECHNOLOGIES TO FUEL MARKET GROWTH 129
11.3 DRIP 130
11.3.1 ABILITY TO MINIMIZE STEAM LOSS TO BOOST DEMAND 130
11.4 PROCESS 131
11.4.1 INCREASING APPLICATION IN PHARMACEUTICALS AND FOOD & BEVERAGE MANUFACTURING TO DRIVE MARKET 131
12 STEAM TRAP MARKET, BY END-USE INDUSTRY 133
12.1 INTRODUCTION 134
12.2 CHEMICALS 135
12.2.1 GROWING INVESTMENTS IN R&D TO BOOST DEMAND 135
12.2.2 ROLL DRYERS 137
12.2.3 CONCENTRATORS 138
12.2.4 JACKETED MIXING TANKS 138
12.2.5 REACTOR KETTLES 138
12.2.6 ACETONE VAPORIZERS 138
12.2.7 CONICAL DRYERS 139
12.2.8 PURIFYING KETTLES 139
12.3 ENERGY & POWER 139
12.3.1 RISING EMPHASIS ON DECARBONIZING ENERGY-INTENSIVE INDUSTRIES TO DRIVE MARKET 139
12.3.2 TURBINE EXHAUSTS 141
12.3.3 AUXILIARY SYSTEMS 141
12.4 FOOD & BEVERAGES 142
12.4.1 INCREASING REGULATORY SCRUTINY FOR FOOD SAFETY TO FOSTER MARKET GROWTH 142
12.4.2 BOIL POUCHES 144
12.4.3 STEAM KETTLES 144
12.4.4 BOTTLE WASHERS 145
12.4.5 PLATE HEATERS 145
12.4.6 JACKETED KETTLES 145
12.4.7 BOILING KETTLES 145
12.5 OIL & GAS 146
12.5.1 GOVERNMENT-LED INITIATIVES TO ENHANCE ENERGY EFFICIENCY TO FUEL MARKET GROWTH 146
12.5.2 VAPORIZERS 148
12.5.3 TANK HEATING 148
12.5.4 HEAT EXCHANGERS 148
12.5.5 CONCENTRATORS 149
12.5.6 REACTOR KETTLES 149
12.6 PHARMACEUTICALS 149
12.6.1 INCREASING NEED FOR ENERGY-EFFICIENT OPERATIONS IN PHARMACEUTICAL MANUFACTURING TO ACCELERATE DEMAND 149
12.6.2 SANITIZATION 151
12.6.3 STERILIZATION 152
12.7 TEXTILES 152
12.7.1 RISING NEED TO MAINTAIN OPTIMAL STEAM PRESSURE TO DRIVE MARKET 152
12.7.2 EMBOSSING ROLLS 154
12.7.3 ROLL DRYERS 154
12.7.4 HOT AIR DRYERS 154
12.7.5 CYLINDER DRYERS 155
12.7.6 DYE TANKS 155
12.8 OTHER END-USE INDUSTRIES 155
12.8.1 METALS & MINING 155
12.8.2 PULP & PAPER 155
12.8.3 WATER & WASTEWATER TREATMENT 156
13 STEAM TRAP MARKET, BY REGION 158
13.1 INTRODUCTION 159
13.2 NORTH AMERICA 161
13.2.1 MACROECONOMIC OUTLOOK FOR NORTH AMERICA 161
13.2.2 US 164
13.2.2.1 Increasing focus on energy efficiency and process optimization to boost demand 164
13.2.3 CANADA 165
13.2.3.1 Growing emphasis on sustainability and energy conservation to drive market 165
13.2.4 MEXICO 166
13.2.4.1 Rising demand from manufacturing and energy sectors to fuel market growth 166
13.3 EUROPE 168
13.3.1 MACROECONOMIC OUTLOOK FOR EUROPE 168
13.3.2 GERMANY 171
13.3.2.1 Increasing adoption of eco-friendly practices to foster market growth 171
13.3.3 UK 172
13.3.3.1 Surging revenues from oil & gas production to drive market 172
13.3.4 FRANCE 173
13.3.4.1 Growing emphasis on decarbonization to boost demand 173
13.3.5 REST OF EUROPE 174
13.4 ASIA PACIFIC 176
13.4.1 MACROECONOMIC OUTLOOK FOR ASIA PACIFIC 176
13.4.2 CHINA 179
13.4.2.1 Thriving manufacturing sector to offer lucrative growth opportunities 179
13.4.3 INDIA 180
13.4.3.1 Rapid industrial expansion to drive market 180
13.4.4 JAPAN 181
13.4.4.1 Rising focus on reducing CO2 emissions to drive demand 181
13.4.5 REST OF ASIA PACIFIC 182
13.5 ROW 183
13.5.1 MACROECONOMIC OUTLOOK FOR ROW 183
13.5.2 MIDDLE EAST & AFRICA 186
13.5.2.1 Thriving oil & gas sector to foster market growth 186
13.5.2.2 GCC 186
13.5.2.3 Rest of Middle East & Africa 186
13.5.3 SOUTH AMERICA 187
13.5.3.1 Increasing emphasis on lowering carbon footprint to drive market 187
14 COMPETITIVE LANDSCAPE 189
14.1 OVERVIEW 189
14.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2022–2024 189
14.3 REVENUE ANALYSIS, 2019–2023 191
14.4 MARKET SHARE ANALYSIS, 2023 191
14.5 COMPANY VALUATION AND FINANCIAL METRICS, 2023 195
14.6 PRODUCT COMPARISON 196
14.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 196
14.7.1 STARS 196
14.7.2 EMERGING LEADERS 197
14.7.3 PERVASIVE PLAYERS 197
14.7.4 PARTICIPANTS 197
14.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 198
14.7.5.1 Company footprint 198
14.7.5.2 Region footprint 199
14.7.5.3 Product type footprint 200
14.7.5.4 Body material footprint 201
14.7.5.5 Connection footprint 202
14.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 203
14.8.1 PROGRESSIVE COMPANIES 203
14.8.2 RESPONSIVE COMPANIES 203
14.8.3 DYNAMIC COMPANIES 203
14.8.4 STARTING BLOCKS 203
14.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 205
14.8.5.1 Detailed list of key startups/SMEs 205
14.8.5.2 Competitive benchmarking of key startups/SMEs 205
14.9 COMPETITIVE SCENARIO 206
14.9.1 PRODUCT LAUNCHES 206
14.9.2 DEALS 207
15 COMPANY PROFILES 208
15.1 KEY PLAYERS 208
15.1.1 SPIRAX GROUP PLC 208
15.1.1.1 Business overview 208
15.1.1.2 Products/Solutions/Services offered 209
15.1.1.3 Recent developments 210
15.1.1.3.1 Deals 210
15.1.1.4 MnM view 210
15.1.1.4.1 Key strengths/Right to win 210
15.1.1.4.2 Strategic choices 210
15.1.1.4.3 Weaknesses/Competitive threats 210
15.1.2 EMERSON ELECTRIC CO. 211
15.1.2.1 Business overview 211
15.1.2.2 Products/Solutions/Services offered 212
15.1.2.3 Recent developments 213
15.1.2.3.1 Deals 213
15.1.2.4 MnM view 213
15.1.2.4.1 Key strengths/Right to win 213
15.1.2.4.2 Strategic choices 213
15.1.2.4.3 Weaknesses/Competitive threats 213
15.1.3 VELAN INC. 214
15.1.3.1 Business overview 214
15.1.3.2 Products/Solutions/Services offered 215
15.1.3.3 MnM view 215
15.1.3.3.1 Key strengths/Right to win 215
15.1.3.3.2 Strategic choices 215
15.1.3.3.3 Weaknesses/Competitive threats 215
15.1.4 WATTS 216
15.1.4.1 Business overview 216
15.1.4.2 Products/Solutions/Services offered 217
15.1.4.3 Recent developments 218
15.1.4.3.1 Deals 218
15.1.4.4 MnM view 218
15.1.4.4.1 Key strengths/Right to win 218
15.1.4.4.2 Strategic choices 218
15.1.4.4.3 Weaknesses/Competitive threats 218
15.1.5 XYLEM 219
15.1.5.1 Business overview 219
15.1.5.2 Products/Solutions/Services offered 220
15.1.5.3 Recent developments 221
15.1.5.3.1 Deals 221
15.1.5.4 MnM view 221
15.1.5.4.1 Key strengths/Right to win 221
15.1.5.4.2 Strategic choices 221
15.1.5.4.3 Weaknesses/Competitive threats 221
15.1.6 THERMAX LIMITED 222
15.1.6.1 Business overview 222
15.1.6.2 Products/Solutions/Services offered 223
15.1.7 SLB 224
15.1.7.1 Business overview 224
15.1.7.2 Products/Solutions/Services offered 225
15.1.8 ARMSTRONG INTERNATIONAL INC. 226
15.1.8.1 Business overview 226
15.1.8.2 Products/Solutions/Services offered 226
15.1.9 TLV CO., LTD. 227
15.1.9.1 Business overview 227
15.1.9.2 Products/Solutions/Services offered 227
15.1.9.3 Recent developments 228
15.1.9.3.1 Product launches 228
15.1.10 FORBES MARSHALL 229
15.1.10.1 Business overview 229
15.1.10.2 Products/Solutions/Services offered 229
15.2 OTHER PLAYERS 230
15.2.1 WATSON MCDANIEL 230
15.2.2 MIYAWAKI INC. 231
15.2.3 HAWA ENGINEERS LTD 232
15.2.4 ARI-ARMATUREN 233
15.2.5 VENN.CO, LTD 234
15.2.6 AYVAZ 235
15.2.7 NETA METAL WORKS 236
15.2.8 THERMOMEGATECH, INC. 237
15.2.9 TUNSTALL 238
15.2.10 THERMAL ENERGY INTERNATIONAL INC. 239
15.2.11 BARNES & JONES, LLC 240
15.2.12 ESCO GROUP OF COMPANIES 241
15.2.13 UNITED BRASS WORKS 242
15.2.14 COLTON INDUSTRIES 243
15.2.15 RICHARDS INDUSTRIALS 244
16 APPENDIX 245
16.1 INSIGHTS FROM INDUSTRY EXPERTS 245
16.2 DISCUSSION GUIDE 246
16.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 249
16.4 CUSTOMIZATION OPTIONS 251
16.5 RELATED REPORTS 251
16.6 AUTHOR DETAILS 252
LIST OF TABLES
TABLE 1 STEAM TRAP MARKET: RISK ANALYSIS 39
TABLE 2 AVERAGE SELLING PRICE TREND OF STEAM TRAPS, BY KEY PLAYER,
2021–2023 (USD) 55
TABLE 3 AVERAGE SELLING PRICE TREND OF STEAM TRAPS, 2019–2023 (USD) 56
TABLE 4 AVERAGE SELLING PRICE TREND OF STEAM TRAPS, BY REGION,
2019–2023 (USD) 57
TABLE 5 ROLE OF COMPANIES IN ECOSYSTEM 60
TABLE 6 LIST OF PATENTS, 2024 66
TABLE 7 IMPORT DATA FOR HS CODE 8481-COMPLIANT PRODUCTS, BY COUNTRY,
2019–2023 (USD MILLION) 69
TABLE 8 EXPORT DATA FOR HS CODE 8481-COMPLIANT PRODUCTS, BY COUNTRY,
2019–2023 (USD MILLION) 70
TABLE 9 KEY CONFERENCES AND EVENTS, 2024–2026 70
TABLE 10 TARIFFS FOR HS CODE-8481 COMPLIANT PRODUCTS, 2023 73
TABLE 11 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 74
TABLE 12 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 13 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 75
TABLE 14 ROW: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 76
TABLE 15 STEAM TRAP MARKET: STANDARDS 77
TABLE 16 STEAM TRAP MARKET: PORTER’S FIVE FORCES ANALYSIS 79
TABLE 17 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS FOR TOP
THREE END-USE INDUSTRIES (%) 81
TABLE 18 KEY BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 82
TABLE 19 STEAM TRAP MARKET, IN TERMS OF VALUE AND VOLUME, 2020–2023 84
TABLE 20 STEAM TRAP MARKET, IN TERMS OF VALUE AND VOLUME, 2024–2029 84
TABLE 21 STEAM TRAP MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION) 85
TABLE 22 STEAM TRAP MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION) 85
TABLE 23 STEAM TRAP MARKET, BY MECHANICAL, 2020–2023 (USD MILLION) 87
TABLE 24 STEAM TRAP MARKET, BY MECHANICAL, 2024–2029 (USD MILLION) 88
TABLE 25 MECHANICAL: STEAM TRAP MARKET, BY BODY MATERIAL,
2020–2023 (USD MILLION) 88
TABLE 26 MECHANICAL: STEAM TRAP MARKET, BY BODY MATERIAL,
2024–2029 (USD MILLION) 88
TABLE 27 BALL FLOAT STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2020–2023 (USD MILLION) 89
TABLE 28 BALL FLOAT STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2024–2029 (USD MILLION) 89
TABLE 29 INVERTED BUCKET STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL, 2020–2023 (USD MILLION) 89
TABLE 30 INVERTED BUCKET STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL, 2024–2029 (USD MILLION) 90
TABLE 31 MECHANICAL: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 90
TABLE 32 MECHANICAL: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 91
TABLE 33 STEAM TRAP MARKET, BY THERMODYNAMIC, 2020–2023 (USD MILLION) 92
TABLE 34 STEAM TRAP MARKET, BY THERMODYNAMIC, 2024–2029 (USD MILLION) 92
TABLE 35 THERMODYNAMIC: STEAM TRAP MARKET, BY BODY MATERIAL,
2020–2023 (USD MILLION) 93
TABLE 36 THERMODYNAMIC: STEAM TRAP MARKET, BY BODY MATERIAL,
2024–2029 (USD MILLION) 93
TABLE 37 DISC STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2020–2023 (USD MILLION) 93
TABLE 38 DISC STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2024–2029 (USD MILLION) 94
TABLE 39 PISTON TYPE STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2020–2023 (USD MILLION) 94
TABLE 40 PISTON TYPE STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2024–2029 (USD MILLION) 94
TABLE 41 THERMODYNAMIC: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 95
TABLE 42 THERMODYNAMIC: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 95
TABLE 43 STEAM TRAP MARKET, BY THERMOSTATIC, 2020–2023 (USD MILLION) 98
TABLE 44 STEAM TRAP MARKET, BY THERMOSTATIC, 2024–2029 (USD MILLION) 98
TABLE 45 THERMOSTATIC: STEAM TRAP MARKET, BY BODY MATERIAL,
2020–2023 (USD MILLION) 98
TABLE 46 THERMOSTATIC: STEAM TRAP MARKET, BY BODY MATERIAL,
2024–2029 (USD MILLION) 99
TABLE 47 BALANCED PRESSURE STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL, 2020–2023 (USD MILLION) 99
TABLE 48 BALANCED PRESSURE STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL, 2024–2029 (USD MILLION) 99
TABLE 49 BIMETALLIC STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2020–2023 (USD MILLION) 100
TABLE 50 BIMETALLIC STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2024–2029 (USD MILLION) 100
TABLE 51 LIQUID EXPANSION STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL, 2020–2023 (USD MILLION) 100
TABLE 52 LIQUID EXPANSION STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL, 2024–2029 (USD MILLION) 100
TABLE 53 BELLOWS STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2020–2023 (USD MILLION) 101
TABLE 54 BELLOWS STEAM TRAPS: STEAM TRAP MARKET, BY BODY MATERIAL,
2024–2029 (USD MILLION) 101
TABLE 55 THERMOSTATIC: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 101
TABLE 56 THERMOSTATIC: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 102
TABLE 57 STEAM TRAP MARKET, BY CONNECTION, 2020–2023 (USD MILLION) 105
TABLE 58 STEAM TRAP MARKET, BY CONNECTION, 2024–2029 (USD MILLION) 105
TABLE 59 STEAM TRAP MARKET, BY BODY MATERIAL, 2020–2023 (USD MILLION) 109
TABLE 60 STEAM TRAP MARKET, BY BODY MATERIAL, 2024–2029 (USD MILLION) 109
TABLE 61 STEEL: STEAM TRAP MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION) 111
TABLE 62 STEEL: STEAM TRAP MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION) 111
TABLE 63 STEEL: STEAM TRAP MARKET, BY THERMODYNAMIC, 2020–2023 (USD MILLION) 111
TABLE 64 STEEL: STEAM TRAP MARKET, BY THERMODYNAMIC, 2024–2029 (USD MILLION) 111
TABLE 65 STEEL: STEAM TRAP MARKET, BY MECHANICAL, 2020–2023 (USD MILLION) 111
TABLE 66 STEEL: STEAM TRAP MARKET, BY MECHANICAL, 2024–2029 (USD MILLION) 112
TABLE 67 STEEL: STEAM TRAP MARKET, BY THERMOSTATIC, 2020–2023 (USD MILLION) 112
TABLE 68 STEEL: STEAM TRAP MARKET, BY THERMOSTATIC, 2024–2029 (USD MILLION) 112
TABLE 69 IRON: STEAM TRAP MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION) 113
TABLE 70 IRON: STEAM TRAP MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION) 113
TABLE 71 IRON: STEAM TRAP MARKET, BY THERMODYNAMIC, 2020–2023 (USD MILLION) 113
TABLE 72 IRON: STEAM TRAP MARKET, BY THERMODYNAMIC, 2024–2029 (USD MILLION) 113
TABLE 73 IRON: STEAM TRAP MARKET, BY MECHANICAL, 2020–2023 (USD MILLION) 114
TABLE 74 IRON: STEAM TRAP MARKET, BY MECHANICAL, 2024–2029 (USD MILLION) 114
TABLE 75 IRON: STEAM TRAP MARKET, BY THERMOSTATIC, 2020–2023 (USD MILLION) 114
TABLE 76 IRON: STEAM TRAP MARKET, BY THERMOSTATIC, 2024–2029 (USD MILLION) 114
TABLE 77 OTHER BODY MATERIALS: STEAM TRAP MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 115
TABLE 78 OTHER BODY MATERIALS: STEAM TRAP MARKET, BY PRODUCT TYPE,
2024–2029 (USD MILLION) 116
TABLE 79 OTHER BODY MATERIALS: STEAM TRAP MARKET, BY THERMODYNAMIC,
2020–2023 (USD MILLION) 116
TABLE 80 OTHER BODY MATERIALS: STEAM TRAP MARKET, BY THERMODYNAMIC,
2024–2029 (USD MILLION) 116
TABLE 81 OTHER BODY MATERIALS: STEAM TRAP MARKET, BY MECHANICAL,
2020–2023 (USD MILLION) 116
TABLE 82 OTHER BODY MATERIALS: STEAM TRAP MARKET, BY MECHANICAL,
2024–2029 (USD MILLION) 117
TABLE 83 OTHER BODY MATERIALS: STEAM TRAP MARKET, BY THERMOSTATIC,
2020–2023 (USD MILLION) 117
TABLE 84 OTHER BODY MATERIALS: STEAM TRAP MARKET, BY THERMOSTATIC,
2024–2029 (USD MILLION) 117
TABLE 85 STEAM TRAP MARKET, BY PRESSURE, 2020–2023 (USD MILLION) 120
TABLE 86 STEAM TRAP MARKET, BY PRESSURE, 2024–2029 (USD MILLION) 120
TABLE 87 STEAM TRAP MARKET, BY SIZE, 2020–2023 (USD MILLION) 124
TABLE 88 STEAM TRAP MARKET, BY SIZE, 2024–2029 (USD MILLION) 124
TABLE 89 STEAM TRAP MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 128
TABLE 90 STEAM TRAP MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 128
TABLE 91 TRACING: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 130
TABLE 92 TRACING: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 130
TABLE 93 DRIP: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 131
TABLE 94 DRIP: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 131
TABLE 95 PROCESS: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 132
TABLE 96 PROCESS: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 132
TABLE 97 STEAM TRAP MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 134
TABLE 98 STEAM TRAP MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 135
TABLE 99 CHEMICALS: STEAM TRAP MARKET, BY REGION, 2020–2023 (USD MILLION) 136
TABLE 100 CHEMICALS: STEAM TRAP MARKET, BY REGION, 2024–2029 (USD MILLION) 136
TABLE 101 CHEMICALS: STEAM TRAP MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 136
TABLE 102 CHEMICALS: STEAM TRAP MARKET, BY PRODUCT TYPE,
2024–2029 (USD MILLION) 137
TABLE 103 CHEMICALS: STEAM TRAP MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 137
TABLE 104 CHEMICALS: STEAM TRAP MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 137
TABLE 105 ENERGY & POWER: STEAM TRAP MARKET, BY REGION,
2020–2023 (USD MILLION) 140
TABLE 106 ENERGY & POWER: STEAM TRAP MARKET, BY REGION,
2024–2029 (USD MILLION) 140
TABLE 107 ENERGY & POWER: STEAM TRAP MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 140
TABLE 108 ENERGY & POWER: STEAM TRAP MARKET, BY PRODUCT TYPE,
2024–2029 (USD MILLION) 140
TABLE 109 ENERGY & POWER: STEAM TRAP MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 141
TABLE 110 ENERGY & POWER: STEAM TRAP MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 141
TABLE 111 FOOD & BEVERAGES: STEAM TRAP MARKET, BY REGION,
2020–2023 (USD MILLION) 142
TABLE 112 FOOD & BEVERAGES: STEAM TRAP MARKET, BY REGION,
2024–2029 (USD MILLION) 143
TABLE 113 FOOD & BEVERAGES: STEAM TRAP MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 143
TABLE 114 FOOD & BEVERAGES: STEAM TRAP MARKET, BY PRODUCT TYPE,
2024–2029 (USD MILLION) 143
TABLE 115 FOOD & BEVERAGES: STEAM TRAP MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 144
TABLE 116 FOOD & BEVERAGES: STEAM TRAP MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 144
TABLE 117 OIL & GAS: STEAM TRAP MARKET, BY REGION, 2020–2023 (USD MILLION) 146
TABLE 118 OIL & GAS: STEAM TRAP MARKET, BY REGION, 2024–2029 (USD MILLION) 147
TABLE 119 OIL & GAS: STEAM TRAP MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION) 147
TABLE 120 OIL & GAS: STEAM TRAP MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION) 147
TABLE 121 OIL & GAS: STEAM TRAP MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 147
TABLE 122 OIL & GAS: STEAM TRAP MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 148
TABLE 123 PHARMACEUTICALS: STEAM TRAP MARKET, BY REGION,
2020–2023 (USD MILLION) 150
TABLE 124 PHARMACEUTICALS: STEAM TRAP MARKET, BY REGION,
2024–2029 (USD MILLION) 150
TABLE 125 PHARMACEUTICALS: STEAM TRAP MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 150
TABLE 126 PHARMACEUTICALS: STEAM TRAP MARKET, BY PRODUCT TYPE,
2024–2029 (USD MILLION) 151
TABLE 127 PHARMACEUTICALS: STEAM TRAP MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 151
TABLE 128 PHARMACEUTICALS: STEAM TRAP MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 151
TABLE 129 TEXTILES: STEAM TRAP MARKET, BY REGION, 2020–2023 (USD MILLION) 152
TABLE 130 TEXTILES: STEAM TRAP MARKET, BY REGION, 2024–2029 (USD MILLION) 153
TABLE 131 TEXTILES: STEAM TRAP MARKET, BY PRODUCT TYPE, 2020–2023 (USD MILLION) 153
TABLE 132 TEXTILES: STEAM TRAP MARKET, BY PRODUCT TYPE, 2024–2029 (USD MILLION) 153
TABLE 133 TEXTILES: STEAM TRAP MARKET, BY APPLICATION, 2020–2023 (USD MILLION) 153
TABLE 134 TEXTILES: STEAM TRAP MARKET, BY APPLICATION, 2024–2029 (USD MILLION) 154
TABLE 135 OTHER END-USE INDUSTRIES: STEAM TRAP MARKET, BY REGION,
2020–2023 (USD MILLION) 156
TABLE 136 OTHER END-USE INDUSTRIES: STEAM TRAP MARKET, BY REGION,
2024–2029 (USD MILLION) 156
TABLE 137 OTHER END-USE INDUSTRIES: STEAM TRAP MARKET, BY PRODUCT TYPE,
2020–2023 (USD MILLION) 157
TABLE 138 OTHER END-USE INDUSTRIES: STEAM TRAP MARKET, BY PRODUCT TYPE,
2024–2029 (USD MILLION) 157
TABLE 139 OTHER END-USE INDUSTRIES: STEAM TRAP MARKET, BY APPLICATION,
2020–2023 (USD MILLION) 157
TABLE 140 OTHER END-USE INDUSTRIES: STEAM TRAP MARKET, BY APPLICATION,
2024–2029 (USD MILLION) 157
TABLE 141 STEAM TRAP MARKET, BY REGION, 2020–2023 (USD MILLION) 160
TABLE 142 STEAM TRAP MARKET, BY REGION, 2024–2029 (USD MILLION) 160
TABLE 143 NORTH AMERICA: STEAM TRAP MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 162
TABLE 144 NORTH AMERICA: STEAM TRAP MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 163
TABLE 145 NORTH AMERICA: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 163
TABLE 146 NORTH AMERICA: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 164
TABLE 147 US: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 165
TABLE 148 US: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 165
TABLE 149 CANADA: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 166
TABLE 150 CANADA: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 166
TABLE 151 MEXICO: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 167
TABLE 152 MEXICO: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 167
TABLE 153 EUROPE: STEAM TRAP MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 169
TABLE 154 EUROPE: STEAM TRAP MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 170
TABLE 155 EUROPE: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 170
TABLE 156 EUROPE: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 170
TABLE 157 GERMANY: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023, (USD MILLION) 171
TABLE 158 GERMANY: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 172
TABLE 159 UK: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 173
TABLE 160 UK: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 173
TABLE 161 FRANCE: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 174
TABLE 162 FRANCE: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 174
TABLE 163 REST OF EUROPE: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 175
TABLE 164 REST OF EUROPE: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 175
TABLE 165 ASIA PACIFIC: STEAM TRAP MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 177
TABLE 166 ASIA PACIFIC: STEAM TRAP MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 178
TABLE 167 ASIA PACIFIC: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 178
TABLE 168 ASIA PACIFIC: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 178
TABLE 169 CHINA: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 179
TABLE 170 CHINA: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 180
TABLE 171 INDIA: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 181
TABLE 172 INDIA: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 181
TABLE 173 JAPAN: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 182
TABLE 174 JAPAN: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2024–2029 (USD MILLION) 182
TABLE 175 REST OF ASIA PACIFIC: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 183
TABLE 176 REST OF ASIA PACIFIC: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 183
TABLE 177 ROW: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2020–2023 (USD MILLION) 184
TABLE 178 ROW: STEAM TRAP MARKET, BY END-USE INDUSTRY, 2024–2029, (USD MILLION) 184
TABLE 179 ROW: STEAM TRAP MARKET, BY REGION, 2020–2023 (USD MILLION) 185
TABLE 180 ROW: STEAM TRAP MARKET, BY REGION, 2024–2029 (USD MILLION) 185
TABLE 181 MIDDLE EAST & AFRICA: STEAM TRAP MARKET, BY COUNTRY,
2020–2023 (USD MILLION) 185
TABLE 182 MIDDLE EAST & AFRICA: STEAM TRAP MARKET, BY COUNTRY,
2024–2029 (USD MILLION) 185
TABLE 183 MIDDLE EAST & AFRICA: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 187
TABLE 184 MIDDLE EAST & AFRICA: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029, (USD MILLION) 187
TABLE 185 SOUTH AMERICA: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2020–2023 (USD MILLION) 188
TABLE 186 SOUTH AMERICA: STEAM TRAP MARKET, BY END-USE INDUSTRY,
2024–2029 (USD MILLION) 188
TABLE 187 STEAM TRAP MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2022–2024 189
TABLE 188 STEAM TRAP MARKET: DEGREE OF COMPETITION, 2023 192
TABLE 189 STEAM TRAP MARKET: REGION FOOTPRINT 199
TABLE 190 STEAM TRAP MARKET: PRODUCT TYPE FOOTPRINT 200
TABLE 191 STEAM TRAP MARKET: BODY MATERIAL FOOTPRINT 201
TABLE 192 STEAM TRAP MARKET: CONNECTION FOOTPRINT 202
TABLE 193 STEAM TRAP MARKET: LIST OF KEY STARTUPS/SMES 205
TABLE 194 STEAM TRAP MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 205
TABLE 195 STEAM TRAP MARKET: PRODUCT LAUNCHES, JANUARY 2022–SEPTEMBER 2024 206
TABLE 196 STEAM TRAP MARKET: DEALS, JANUARY 2022–SEPTEMBER 2024 207
TABLE 197 SPIRAX GROUP PLC: COMPANY OVERVIEW 208
TABLE 198 SPIRAX GROUP PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 209
TABLE 199 SPIRAX GROUP PLC: DEALS 210
TABLE 200 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 211
TABLE 201 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 212
TABLE 202 EMERSON ELECTRIC CO.: DEALS 213
TABLE 203 VELAN INC.: COMPANY OVERVIEW 214
TABLE 204 VELAN INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 215
TABLE 205 WATTS: COMPANY OVERVIEW 216
TABLE 206 WATTS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 217
TABLE 207 WATTS: DEALS 218
TABLE 208 XYLEM: COMPANY OVERVIEW 219
TABLE 209 XYLEM: PRODUCTS/SOLUTIONS/SERVICES OFFERED 220
TABLE 210 XYLEM: DEALS 221
TABLE 211 THERMAX LIMITED: COMPANY OVERVIEW 222
TABLE 212 THERMAX LIMITED: PRODUCTS/SOLUTIONS/SERVICES OFFERED 223
TABLE 213 SLB: COMPANY OVERVIEW 224
TABLE 214 SLB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 225
TABLE 215 ARMSTRONG INTERNATIONAL INC.: COMPANY OVERVIEW 226
TABLE 216 ARMSTRONG INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 226
TABLE 217 TLV CO., LTD.: COMPANY OVERVIEW 227
TABLE 218 TLV CO., LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 227
TABLE 219 TLV CO., LTD.: PRODUCT LAUNCHES 228
TABLE 220 FORBES MARSHALL: COMPANY OVERVIEW 229
TABLE 221 FORBES MARSHALL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 229
TABLE 222 WATSON MCDANIEL: COMPANY OVERVIEW 230
TABLE 223 MIYAWAKI INC.: COMPANY OVERVIEW 231
TABLE 224 HAWA ENGINEERS LTD: COMPANY OVERVIEW 232
TABLE 225 ARI-ARMATUREN: COMPANY OVERVIEW 233
TABLE 226 VENN.CO, LTD: COMPANY OVERVIEW 234
TABLE 227 AYVAZ: COMPANY OVERVIEW 235
TABLE 228 NETA METAL WORKS: COMPANY OVERVIEW 236
TABLE 229 THERMOMEGATECH, INC.: COMPANY OVERVIEW 237
TABLE 230 TUNSTALL: COMPANY OVERVIEW 238
TABLE 231 THERMAL ENERGY INTERNATIONAL INC.: COMPANY OVERVIEW 239
TABLE 232 BARNES & JONES, LLC: COMPANY OVERVIEW 240
TABLE 233 ESCO GROUP OF COMPANIES: COMPANY OVERVIEW 241
TABLE 234 UNITED BRASS WORKS: COMPANY OVERVIEW 242
TABLE 235 COLTON INDUSTRIES: COMPANY OVERVIEW 243
TABLE 236 RICHARDS INDUSTRIALS: COMPANY OVERVIEW 244
LIST OF FIGURES
FIGURE 1 STEAM TRAP MARKET SEGMENTATION AND REGIONAL SCOPE 25
FIGURE 2 STEAM TRAP MARKET: RESEARCH DESIGN 29
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY (SUPPLY SIDE): REVENUE
GENERATED BY STEAM TRAP MANUFACTURERS/PROVIDERS 34
FIGURE 4 STEAM TRAP MARKET: BOTTOM-UP APPROACH 35
FIGURE 5 STEAM TRAP MARKET: TOP-DOWN APPROACH 36
FIGURE 6 DATA TRIANGULATION 37
FIGURE 7 THERMODYNAMIC SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 40
FIGURE 8 TRACING SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 41
FIGURE 9 STEEL SEGMENT TO DOMINATE MARKET IN 2029 41
FIGURE 10 OIL & GAS SEGMENT TO CAPTURE LARGEST MARKET SHARE IN 2024 42
FIGURE 11 ASIA PACIFIC ACCOUNTED FOR LARGEST MARKET SHARE IN 2023 43
FIGURE 12 GROWING ADOPTION IN FOOD & BEVERAGES AND PHARMACEUTICALS INDUSTRIES TO BOOST DEMAND 44
FIGURE 13 THERMOSTATIC SEGMENT TO RECORD HIGHEST CAGR DURING FORECAST PERIOD 44
FIGURE 14 SCREWED SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 45
FIGURE 15 STEEL SEGMENT TO SECURE LARGEST MARKET SHARE IN 2024 45
FIGURE 16 ≤ 10 BARS SEGMENT TO DOMINATE MARKET IN 2029 46
FIGURE 17 >DN 65 SEGMENT TO BE FASTEST-GROWING SEGMENT DURING
FORECAST PERIOD 46
FIGURE 18 TRACING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 47
FIGURE 19 OIL & GAS SEGMENT TO LEAD MARKET IN 2029 47
FIGURE 20 ASIA PACIFIC TO SECURE LARGEST MARKET SHARE IN 2029 48
FIGURE 21 INDIA TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 48
FIGURE 22 STEAM TRAP MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 49
FIGURE 23 STEAM TRAP MARKET: IMPACT ANALYSIS OF DRIVERS 51
FIGURE 24 STEAM TRAP MARKET: IMPACT ANALYSIS OF RESTRAINTS 52
FIGURE 25 STEAM TRAP MARKET: IMPACT ANALYSIS OF OPPORTUNITIES 53
FIGURE 26 STEAM TRAP MARKET: IMPACT ANALYSIS OF CHALLENGES 54
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS 54
FIGURE 28 AVERAGE SELLING PRICE TREND OF STEAM TRAPS OFFERED BY KEY PLAYERS,
BY PRODUCT TYPE, 2023 56
FIGURE 29 AVERAGE SELLING PRICE TREND OF STEAM TRAPS, 2019–2023 56
FIGURE 30 AVERAGE SELLING PRICE TREND OF STEAM TRAPS, BY REGION, 2019–2023 57
FIGURE 31 STEAM TRAP MARKET: VALUE CHAIN ANALYSIS 58
FIGURE 32 STEAM TRAP MARKET: ECOSYSTEM ANALYSIS 59
FIGURE 33 INVESTMENT AND FUNDING SCENARIO, 2018–2023 61
FIGURE 34 IMPACT OF AI/GENERATIVE AI ON STEAM TRAP MARKET 62
FIGURE 35 PATENTS APPLIED AND GRANTED, 2014–2023 65
FIGURE 36 IMPORT DATA FOR HS CODE 8481-COMPLIANT PRODUCTS, BY COUNTRY,
2019–2023 (USD MILLION) 68
FIGURE 37 EXPORT DATA FOR HS CODE 8481-COMPLIANT PRODUCTS, BY COUNTRY,
2019–2023 (USD MILLION) 69
FIGURE 38 STEAM TRAP MARKET: PORTER’S FIVE FORCES ANALYSIS 78
FIGURE 39 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE
END-USE INDUSTRIES 81
FIGURE 40 BUYING CRITERIA FOR TOP THREE END-USE INDUSTRIES 82
FIGURE 41 STEAM TRAP MARKET, BY PRODUCT TYPE 86
FIGURE 42 THERMODYNAMIC SEGMENT TO DOMINATE MARKET IN 2029 86
FIGURE 43 STEAM TRAP MARKET, BY CONNECTION 104
FIGURE 44 SCREWED SEGMENT TO LEAD MARKET IN 2024 104
FIGURE 45 STEAM TRAP MARKET, BY BODY MATERIAL 110
FIGURE 46 STEEL SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 110
FIGURE 47 STEAM TRAP MARKET, BY PRESSURE 119
FIGURE 48 ≤10 BARS SEGMENT TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 119
FIGURE 49 STEAM TRAP MARKET, BY SIZE 123
FIGURE 50 ≤ DN 25 SEGMENT TO LEAD MARKET IN 2029 123
FIGURE 51 STEAM TRAP MARKET, BY APPLICATION 129
FIGURE 52 TRACING APPLICATION TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 129
FIGURE 53 OIL & GAS SEGMENT TO LEAD MARKET IN 2029 134
FIGURE 54 INDIA TO REGISTER HIGHEST CAGR IN GLOBAL STEAM TRAP MARKET DURING FORECAST PERIOD 159
FIGURE 55 ASIA PACIFIC TO ACCOUNT FOR LARGEST MARKET SHARE IN 2024 160
FIGURE 56 NORTH AMERICA: STEAM TRAP MARKET SNAPSHOT 162
FIGURE 57 EUROPE: STEAM TRAP MARKET SNAPSHOT 169
FIGURE 58 ASIA PACIFIC: STEAM TRAP MARKET SNAPSHOT 177
FIGURE 59 STEAM TRAP MARKET: REVENUE ANALYSIS OF FOUR KEY PLAYERS, 2019–2023 191
FIGURE 60 MARKET SHARE ANALYSIS OF COMPANIES OFFERING STEAM TRAPS, 2023 192
FIGURE 61 COMPANY VALUATION, 2023 195
FIGURE 62 FINANCIAL METRICS (EV/EBITDA), 2023 195
FIGURE 63 STEAM TRAP MARKET: PRODUCT COMPARISON 196
FIGURE 64 STEAM TRAP MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 197
FIGURE 65 STEAM TRAP MARKET: COMPANY FOOTPRINT 198
FIGURE 66 STEAM TRAP MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 204
FIGURE 67 SPIRAX GROUP PLC: COMPANY SNAPSHOT 209
FIGURE 68 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT 212
FIGURE 69 VELAN INC.: COMPANY SNAPSHOT 214
FIGURE 70 WATTS: COMPANY SNAPSHOT 217
FIGURE 71 XYLEM: COMPANY SNAPSHOT 220
FIGURE 72 THERMAX LIMITED: COMPANY SNAPSHOT 223
FIGURE 73 SLB: COMPANY SNAPSHOT 225
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調査会社の事情により予告なしに変更されることがございます。最新の状況およびその他のパターンについてはお問い合わせください。
ライセンスタイプ1
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD4,950 | USD6,650 | USD8,150 | USD10,000 |
ライセンスタイプ2
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD7,150 | USD8,500 | USD9,650 | USD11,000 |
ライセンスタイプ3
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD8,150 | お問合せください | お問合せください | お問合せください |
ライセンスタイプ4
| シングルユーザ | マルチユーザ | コーポレート | エンタープライズサイト |
| USD9,000 | USD10,500 | USD12,000 | USD13,500 |
ミニレポート ※定性調査にフォーカスした調査レポートです。詳細はお問合せください。
| シングルユーザ | コーポレート |
| USD 2,650 | USD 4,250 |
ご購入に関するご案内
価格・納期について
- 価格
- ウェブサイトに記載の外貨（定価）を見積日のTTSレートで換算後消費税を加えた金額が弊社からの請求金額になります。見積金額はレート変動に関係なく見積書発行日より2週間有効です。手数料（ハンドリングチャージ）無料。
- ライセンス
- シングルユーザライセンス
- 1名のみレポートファイルのご利用が可能です。
- マルチユーザライセンス
- 同一企業内（関連会社除く）5名までレポートファイルのご利用が可能です。
- コーポレートライセンス
- 同一企業および100％持株会社間・人数無制限でレポートファイルのご利用が可能です。
- エンタープライズサイトライセンス
- 特別ライセンスです。適用範囲についてはお問合せください。
- シングルユーザライセンス
- 納品形態
- Eメール
- 納期
- 最短3時間以内にご納品可能です。通常ご注文後24時間以内（営業日基準）
ご注文方法
- レポートページ内のお問い合わせフォームより見積もりをご請求ください。確認次第見積書と発注書をお送りいたします。既に弊社の見積書をお持ちの場合にはEメールまたはFAXでご注文ください。
その他
- 商品の性質上、ご注文後のキャンセル/返品/交換はできません。ご了承ください。
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