Steam Traps - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
The global Steam Traps market was valued at US$ 971.23 million in 2023 and is expected to reach US$ 1259.48 million by 2030, growing at a CAGR of 3.65% during 2024-2030.
The global key companies of Steam Traps include Spirax Sarco, Armstrong, TLV, Velan, Emerson, ARI, MIYAWAKI, Hongfeng Mechanical, Yingqiao Machinery, Forbes Marshall, etc. In 2023, the global five largest players hold a share approximately 49.84% in terms of revenue.
This report aims to provide a comprehensive presentation of the global market for Steam Traps, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Steam Traps by region & country, by Type, and by Application.
The Steam Traps market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steam Traps.
Market Segmentation
By Company
Spirax Sarco
Armstrong
TLV
Emerson
Velan
ARI
Yingqiao Machinery
Hongfeng Mechanical
Forbes Marshall
MIYAWAKI
Cameron
DSC
Watson McDaniel
Venn
Yoshitake
Water-Dispersing Valve
Lonze Valve
Segment by Type
Mechanical Trap
Thermostatic Trap
Thermodynamic Trap
Segment by Application
Oil & Petrochemical
Power Industry
Pharmaceutical
Food & Beverage
Pulp & Paper
General Industry
Others
By Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Benelux
Rest of Europe
South America
Brazil
Rest of South America
Middle East & Africa
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Steam Traps manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Steam Traps in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Steam Traps in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
- 1 Market Overview
- 1.1 Steam Traps Product Introduction
- 1.2 Global Steam Traps Market Size Forecast
- 1.2.1 Global Steam Traps Sales Value (2019-2030)
- 1.2.2 Global Steam Traps Sales Volume (2019-2030)
- 1.2.3 Global Steam Traps Sales Price (2019-2030)
- 1.3 Steam Traps Market Trends & Drivers
- 1.3.1 Steam Traps Industry Trends
- 1.3.2 Steam Traps Market Drivers & Opportunity
- 1.3.3 Steam Traps Market Challenges
- 1.4 Assumptions And Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
- 2 Competitive Analysis By Company
- 2.1 Global Steam Traps Players Revenue Ranking (2023)
- 2.2 Global Steam Traps Revenue By Company (2019-2024)
- 2.3 Global Steam Traps Players Sales Volume Ranking (2023)
- 2.4 Global Steam Traps Sales Volume By Company Players (2019-2024)
- 2.5 Global Steam Traps Average Price By Company (2019-2024)
- 2.6 Key Manufacturers Steam Traps Headquarters
- 2.7 Steam Traps Market Competitive Analysis
- 2.7.1 Steam Traps Market Concentration Rate (2019-2024)
- 2.7.2 Global 3 And 5 Largest Manufacturers By Steam Traps Revenue In 2023
- 2.7.3 Global Top Manufacturers By Company Type (Tier 1, Tier 2, And Tier 3) & (Based On The Revenue In Steam Traps As Of 2023)
- 2.8 Mergers & Acquisitions, Expansion
- 3 Segmentation By Type
- 3.1 Introduction By Type
- 3.1.1 Mechanical Trap
- 3.1.2 Thermostatic Trap
- 3.1.3 Thermodynamic Trap
- 3.2 Global Steam Traps Sales Value By Type
- 3.2.1 Global Steam Traps Sales Value By Type (2019 Vs 2023 Vs 2030)
- 3.2.2 Global Steam Traps Sales Value, By Type (2019-2030)
- 3.2.3 Global Steam Traps Sales Value, By Type (%) (2019-2030)
- 3.3 Global Steam Traps Sales Volume By Type
- 3.3.1 Global Steam Traps Sales Volume By Type (2019 Vs 2023 Vs 2030)
- 3.3.2 Global Steam Traps Sales Volume, By Type (2019-2030)
- 3.3.3 Global Steam Traps Sales Volume, By Type (%) (2019-2030)
- 3.4 Global Steam Traps Average Price By Type (2019-2030)
- 4 Segmentation By Application
- 4.1 Introduction By Application
- 4.1.1 Oil & Petrochemical
- 4.1.2 Power Industry
- 4.1.3 Pharmaceutical
- 4.1.4 Food & Beverage
- 4.1.5 Pulp & Paper
- 4.1.6 General Industry
- 4.2 Global Steam Traps Sales Value By Application
- 4.2.1 Global Steam Traps Sales Value By Application (2019 Vs 2023 Vs 2030)
- 4.2.2 Global Steam Traps Sales Value, By Application (2019-2030)
- 4.2.3 Global Steam Traps Sales Value, By Application (%) (2019-2030)
- 4.3 Global Steam Traps Sales Volume By Application
- 4.3.1 Global Steam Traps Sales Volume By Application (2019 Vs 2023 Vs 2030)
- 4.3.2 Global Steam Traps Sales Volume, By Application (2019-2030)
- 4.3.3 Global Steam Traps Sales Volume, By Application (%) (2019-2030)
- 4.4 Global Steam Traps Average Price By Application (2019-2030)
- 5 Segmentation By Region
- 5.1 Global Steam Traps Sales Value By Region
- 5.1.1 Global Steam Traps Sales Value By Region: 2019 Vs 2023 Vs 2030
- 5.1.2 Global Steam Traps Sales Value By Region (2019-2024)
- 5.1.3 Global Steam Traps Sales Value By Region (2025-2030)
- 5.1.4 Global Steam Traps Sales Value By Region (%), (2019-2030)
- 5.2 Global Steam Traps Sales Volume By Region
- 5.2.1 Global Steam Traps Sales Volume By Region: 2019 Vs 2023 Vs 2030
- 5.2.2 Global Steam Traps Sales Volume By Region (2019-2024)
- 5.2.3 Global Steam Traps Sales Volume By Region (2025-2030)
- 5.2.4 Global Steam Traps Sales Volume By Region (%), (2019-2030)
- 5.3 Global Steam Traps Average Price By Region (2019-2030)
- 5.4 North America
- 5.4.1 North America Steam Traps Sales Value, 2019-2030
- 5.4.2 North America Steam Traps Sales Value By Country (%), 2023 Vs 2030
- 5.5 Europe
- 5.5.1 Europe Steam Traps Sales Value, 2019-2030
- 5.5.2 Europe Steam Traps Sales Value By Country (%), 2023 Vs 2030
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Steam Traps Sales Value, 2019-2030
- 5.6.2 Asia Pacific Steam Traps Sales Value By Region (%), 2023 Vs 2030
- 5.7 South America
- 5.7.1 South America Steam Traps Sales Value, 2019-2030
- 5.7.2 South America Steam Traps Sales Value By Country (%), 2023 Vs 2030
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Steam Traps Sales Value, 2019-2030
- 5.8.2 Middle East & Africa Steam Traps Sales Value By Country (%), 2023 Vs 2030
- 6 Segmentation By Key Countries/Regions
- 6.1 Key Countries/Regions Steam Traps Sales Growth Trends, 2019 Vs 2023 Vs 2030
- 6.2 Key Countries/Regions Steam Traps Sales Value
- 6.2.1 Key Countries/Regions Steam Traps Sales Value, 2019-2030
- 6.2.2 Key Countries/Regions Steam Traps Sales Volume, 2019-2030
- 6.3 United States
- 6.3.1 United States Steam Traps Sales Value, 2019-2030
- 6.3.2 United States Steam Traps Sales Value By Type (%), 2023 Vs 2030
- 6.3.3 United States Steam Traps Sales Value By Application, 2023 Vs 2030
- 6.4 Europe
- 6.4.1 Europe Steam Traps Sales Value, 2019-2030
- 6.4.2 Europe Steam Traps Sales Value By Type (%), 2023 Vs 2030
- 6.4.3 Europe Steam Traps Sales Value By Application, 2023 Vs 2030
- 6.5 China
- 6.5.1 China Steam Traps Sales Value, 2019-2030
- 6.5.2 China Steam Traps Sales Value By Type (%), 2023 Vs 2030
- 6.5.3 China Steam Traps Sales Value By Application, 2023 Vs 2030
- 6.6 Japan
- 6.6.1 Japan Steam Traps Sales Value, 2019-2030
- 6.6.2 Japan Steam Traps Sales Value By Type (%), 2023 Vs 2030
- 6.6.3 Japan Steam Traps Sales Value By Application, 2023 Vs 2030
- 6.7 South Korea
- 6.7.1 South Korea Steam Traps Sales Value, 2019-2030
- 6.7.2 South Korea Steam Traps Sales Value By Type (%), 2023 Vs 2030
- 6.7.3 South Korea Steam Traps Sales Value By Application, 2023 Vs 2030
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Steam Traps Sales Value, 2019-2030
- 6.8.2 Southeast Asia Steam Traps Sales Value By Type (%), 2023 Vs 2030
- 6.8.3 Southeast Asia Steam Traps Sales Value By Application, 2023 Vs 2030
- 6.9 India
- 6.9.1 India Steam Traps Sales Value, 2019-2030
- 6.9.2 India Steam Traps Sales Value By Type (%), 2023 Vs 2030
- 6.9.3 India Steam Traps Sales Value By Application, 2023 Vs 2030
- 7 Company Profiles
- 7.1 Spirax Sarco
- 7.1.1 Spirax Sarco Company Information
- 7.1.2 Spirax Sarco Introduction And Business Overview
- 7.1.3 Spirax Sarco Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.1.4 Spirax Sarco Steam Traps Product Offerings
- 7.2 Armstrong
- 7.2.1 Armstrong Company Information
- 7.2.2 Armstrong Introduction And Business Overview
- 7.2.3 Armstrong Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.2.4 Armstrong Steam Traps Product Offerings
- 7.3 Tlv
- 7.3.1 Tlv Company Information
- 7.3.2 Tlv Introduction And Business Overview
- 7.3.3 Tlv Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.3.4 Tlv Steam Traps Product Offerings
- 7.4 Velan
- 7.4.1 Velan Company Information
- 7.4.2 Velan Introduction And Business Overview
- 7.4.3 Velan Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.4.4 Velan Steam Traps Product Offerings
- 7.5 Emerson
- 7.5.1 Emerson Company Information
- 7.5.2 Emerson Introduction And Business Overview
- 7.5.3 Emerson Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.5.4 Emerson Steam Traps Product Offerings
- 7.6 Ari
- 7.6.1 Ari Company Information
- 7.6.2 Ari Introduction And Business Overview
- 7.6.3 Ari Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.6.4 Ari Steam Traps Product Offerings
- 7.7 Yingqiao Machinery
- 7.7.1 Yingqiao Machinery Company Information
- 7.7.2 Yingqiao Machinery Introduction And Business Overview
- 7.7.3 Yingqiao Machinery Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.7.4 Yingqiao Machinery Steam Traps Product Offerings
- 7.8 Hongfeng Mechanical
- 7.8.1 Hongfeng Mechanical Company Information
- 7.8.2 Hongfeng Mechanical Introduction And Business Overview
- 7.8.3 Hongfeng Mechanical Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.8.4 Hongfeng Mechanical Steam Traps Product Offerings
- 7.9 Forbes Marshall
- 7.9.1 Forbes Marshall Company Information
- 7.9.2 Forbes Marshall Introduction And Business Overview
- 7.9.3 Forbes Marshall Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.9.4 Forbes Marshall Steam Traps Product Offerings
- 7.10 Miyawaki
- 7.10.1 Miyawaki Company Information
- 7.10.2 Miyawaki Introduction And Business Overview
- 7.10.3 Miyawaki Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.10.4 Miyawaki Steam Traps Product Offerings
- 7.11 Cameron
- 7.11.1 Cameron Company Information
- 7.11.2 Cameron Introduction And Business Overview
- 7.11.3 Cameron Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.11.4 Cameron Steam Traps Product Offerings
- 7.12 Dsc
- 7.12.1 Dsc Company Information
- 7.12.2 Dsc Introduction And Business Overview
- 7.12.3 Dsc Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.12.4 Dsc Steam Traps Product Offerings
- 7.13 Watson Mcdaniel
- 7.13.1 Watson Mcdaniel Company Information
- 7.13.2 Watson Mcdaniel Introduction And Business Overview
- 7.13.3 Watson Mcdaniel Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.13.4 Watson Mcdaniel Steam Traps Product Offerings
- 7.14 Venn
- 7.14.1 Venn Company Information
- 7.14.2 Venn Introduction And Business Overview
- 7.14.3 Venn Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.14.4 Venn Steam Traps Product Offerings
- 7.15 Yoshitake
- 7.15.1 Yoshitake Company Information
- 7.15.2 Yoshitake Introduction And Business Overview
- 7.15.3 Yoshitake Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.15.4 Yoshitake Steam Traps Product Offerings
- 7.16 Water-dispersing Valve
- 7.16.1 Water-dispersing Valve Company Information
- 7.16.2 Water-dispersing Valve Introduction And Business Overview
- 7.16.3 Water-dispersing Valve Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.16.4 Water-dispersing Valve Steam Traps Product Offerings
- 7.17 Lonze Valve
- 7.17.1 Lonze Valve Company Information
- 7.17.2 Lonze Valve Introduction And Business Overview
- 7.17.3 Lonze Valve Steam Traps Sales, Revenue, Price And Gross Margin (2019-2024)
- 7.17.4 Lonze Valve Steam Traps Product Offerings
- 8 Industry Chain Analysis
- 8.1 Steam Traps Industrial Chain
- 8.2 Steam Traps Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model And Sales Channels
- 8.5.1 Steam Traps Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Steam Traps Distributors
- 9 Research Findings And Conclusion
- 10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.2 Data Source
- 10.2 Author Details
- 10.3 Disclaimer
- List Of Tables
- Table 1. Steam Traps Market Trends
- Table 2. Steam Traps Market Drivers & Opportunity
- Table 3. Steam Traps Market Challenges
- Table 4. Global Steam Traps Revenue By Company (2019-2024) & (Us$ Million)
- Table 5. Global Steam Traps Revenue Market Share By Company (2019-2024)
- Table 6. Global Steam Traps Sales Volume By Company (2019-2024) & (K Units)
- Table 7. Global Steam Traps Sales Volume Market Share By Company (2019-2024)
- Table 8. Global Market Steam Traps Price By Company (2019-2024) & (Usd/Unit)
- Table 9. Key Manufacturers Steam Traps Headquarters
- Table 10. Global Steam Traps Manufacturers Market Concentration Ratio (Cr5)
- Table 11. Global Top Manufacturers Market Share By Company Type (Tier 1, Tier 2, And Tier 3) & (Based On The Revenue In Steam Traps As Of 2023)
- Table 12. Mergers & Acquisitions, Expansion Plans
- Table 13. Global Steam Traps Sales Value By Type: 2019 Vs 2023 Vs 2030 (Us$ Million)
- Table 14. Global Steam Traps Sales Value By Type (2019-2024) & (Us$ Million)
- Table 15. Global Steam Traps Sales Value By Type (2025-2030) & (Us$ Million)
- Table 16. Global Steam Traps Sales Market Share In Value By Type (2019-2024)
- Table 17. Global Steam Traps Sales Market Share In Value By Type (2025-2030)
- Table 18. Global Steam Traps Sales Volume By Type: 2019 Vs 2023 Vs 2030 (K Units)
- Table 19. Global Steam Traps Sales Volume By Type (2019-2024) & (K Units)
- Table 20. Global Steam Traps Sales Volume By Type (2025-2030) & (K Units)
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