Fluid Handling Systems Market Forecasts to 2030 – Global Analysis By Product (Valves, Filters, Pumps, Hoses, Pipes & Fittings, Tanks & Vessels and Other Products), Type, Flow Meter, Control Valve, Application, End User and By Geography
According to Stratistics MRC, the Global Fluid Handling Systems Market is accounted for $71.8 billion in 2023 and is expected to reach $113.0 billion by 2030 growing at a CAGR of 6.7% during the forecast period. Fluid handling systems refer to a wide range of equipment, devices, and systems designed to transport, control, measure, and manipulate fluids in various industrial, commercial, and residential applications. These systems are crucial in industries such as manufacturing, oil and gas, chemical processing, pharmaceuticals, food and beverage, and water treatment, among others.
Market Dynamics:
Driver:
Growing infrastructure development
Increased demand for efficient fluid transportation and management solutions, especially in sectors like water treatment, oil & gas, and manufacturing, is fueling this expansion. Advancements in technology, such as automation and IoT integration, are further enhancing the efficiency and reliability of fluid handling systems. This trend is expected to continue, with the market poised for significant expansion. Thus, the market is experiencing rapid growth driven by expanding infrastructure projects.
Restraint:
Complexity of integration
The integration complexity in the market arises from the convergence of diverse technologies like sensors, automation, and data analytics within fluid handling equipment. This complexity extends to the interconnection of various components, regulatory compliance, and the need for seamless communication across different systems. Moreover, adhering to evolving regulations and industry standards further complicates integration efforts, necessitating continuous adaptation and compliance.
Opportunity:
Demand in water and wastewater treatment
Industries such as manufacturing, chemicals, pharmaceuticals, and municipal sectors are increasingly adopting advanced fluid handling systems to treat water and wastewater efficiently. This increase can be attributed to growing environmental concerns, stricter regulations, and the need for sustainable water management practices across various industries. Thus, the demand for water and wastewater treatment solutions in the market has experienced a significant surge in recent years.
Threat:
High initial investment
Investing in the market demands a substantial initial investment, typically in the range of tens to hundreds of thousands of dollars. This financial commitment encompasses the procurement of specialized equipment, infrastructure setup, skilled labor, and regulatory compliance costs. The complexity and scale of fluid handling operations necessitate a robust capital outlay upfront, ensuring efficient and reliable systems that meet industry standards and operational demands.
Covid-19 Impact:
The COVID-19 pandemic significantly impacted the market, causing disruptions in supply chains, reduced manufacturing activities, and delayed project timelines. The market witnessed a temporary decline due to project postponements and decreased investments in industries like oil and gas, manufacturing, and construction. However, the pandemic also accelerated digitalization and automation trends in fluid handling systems, driving innovation and adoption of remote monitoring and control technologies to enhance operational efficiency and resilience.
The pumps segment is expected to be the largest during the forecast period
The pumps segment is expected to be the largest during the forecast period due to increasing industrialization, urbanization, and infrastructure development globally. Key players are focusing on technological advancements, such as smart pumps and IoT integration, to enhance efficiency and reduce maintenance costs. The market is driven by demand from sectors like oil and gas, water and wastewater treatment, chemicals, and pharmaceuticals.
The ultrasonic segment is expected to have the highest CAGR during the forecast period
The ultrasonic segment is expected to have the highest CAGR during the forecast period driven by advancements in technology and increasing demand across various industries. This technology utilizes ultrasonic waves to manipulate fluids, offering precise control and efficiency in processes like mixing, emulsification, and chemical reactions. With a focus on improving productivity and reducing energy consumption, the market is poised for significant expansion.
Region with largest share:
North America is projected to hold the largest market share during the forecast period driven by various industries such as oil and gas, pharmaceuticals, and water treatment. With increasing emphasis on efficiency and sustainability, demand for advanced pumping, valves, and filtration systems is on the rise. Technological advancements, coupled with stringent regulations, are shaping the market dynamics, encouraging innovation and investment in fluid handling solutions across the region.
Region with highest CAGR:
Asia Pacific is projected to hold the highest CAGR over the forecast period. Rapid industrialization in countries has led to increased demand for fluid handling equipment in manufacturing processes across various industries. Investments in infrastructure projects such as water supply systems, wastewater treatment plants, and power generation facilities require advanced fluid handling systems for efficient operations.
Key players in the market
Some of the key players in Fluid Handling Systems market include Shelton Fluid Technology, Fluid Handling Systems Inc., Ingersoll Rand LLC, Anestiwata Corporation, Flowserve Corporation, Metso Corporation, Pentair Plc, Crane Fluid Inc, Flowtech Industries L.L.P, Entegris Inc., Boyser S.R.L, Graco Inc., Starlab International and Beckman Coulter, Inc.
Key Developments:
In August 2023, Starlab International develops and manufactures high quality pipette tips, pipettes, gloves, and other laboratory products for research and development; acquired the remaining shares of Life Systems Design, a distributor of products for research laboratories. Life Systems Design is one of the world's leading manufacturers of liquid handling laboratory products.
In June 2022, Beckman Coulter, Inc., a subsidiary of Danaher Corporation, a manufacturer of biomedical testing instrument systems, launched the Biomek NGenius liquid handling system, which automates manual library construction and reagent transfers to free up technicians and researchers to focus on other tasks.
Products Covered:
• Valves
• Filters
• Pumps
• Hoses
• Pipes & Fittings
• Tanks & Vessels
• Other Products
Types Covered:
• Positive Displacement Pump
• Centrifugal Pumps
Flow Meters Covered:
• Magnetic
• Multiphase
• Turbine
• Coriolis
• Thermal
• Ultrasonic
• Vortex
• Differential Pressure
Control Valves Covered:
• Rotary Valve
• Linear Valve
Applications Covered:
• Clinical Diagnostics
• Drug Discovery
• Cancer and Genomics Research
• Other Applications
End Users Covered:
• Pharmaceutical
• Metal & Mining
• Oil & Gas
• Building & Construction
• Food & Beverages
• Energy & Power
• Chemical
• Other End Users
Regions Covered:
• North America
US
Canada
Mexico
• Europe
Germany
UK
Italy
France
Spain
Rest of Europe
• Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
• South America
Argentina
Brazil
Chile
Rest of South America
• Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
- 1 Executive Summary
- 2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
- 3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 End User Analysis
- 3.9 Emerging Markets
- 3.10 Impact of Covid-19
- 4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
- 5 Global Fluid Handling Systems Market, By Product
- 5.1 Introduction
- 5.2 Valves
- 5.3 Filters
- 5.4 Pumps
- 5.5 Hoses
- 5.6 Pipes & Fittings
- 5.7 Tanks & Vessels
- 5.8 Other Products
- 6 Global Fluid Handling Systems Market, By Type
- 6.1 Introduction
- 6.2 Positive Displacement Pump
- 6.3 Centrifugal Pumps
- 7 Global Fluid Handling Systems Market, By Flow Meter
- 7.1 Introduction
- 7.2 Magnetic
- 7.3 Multiphase
- 7.4 Turbine
- 7.5 Coriolis
- 7.6 Thermal
- 7.7 Ultrasonic
- 7.8 Vortex
- 7.9 Differential Pressure
- 8 Global Fluid Handling Systems Market, By Control Valve
- 8.1 Introduction
- 8.2 Rotary Valve
- 8.3 Linear Valve
- 9 Global Fluid Handling Systems Market, By Application
- 9.1 Introduction
- 9.2 Clinical Diagnostics
- 9.3 Drug Discovery
- 9.4 Cancer and Genomics Research
- 9.5 Other Applications
- 10 Global Fluid Handling Systems Market, By End User
- 10.1 Introduction
- 10.2 Pharmaceutical
- 10.3 Metal & Mining
- 10.4 Oil & Gas
- 10.5 Building & Construction
- 10.6 Food & Beverages
- 10.7 Energy & Power
- 10.8 Chemical
- 10.9 Other End Users
- 11 Global Fluid Handling Systems Market, By Geography
- 11.1 Introduction
- 11.2 North America
- 11.2.1 US
- 11.2.2 Canada
- 11.2.3 Mexico
- 11.3 Europe
- 11.3.1 Germany
- 11.3.2 UK
- 11.3.3 Italy
- 11.3.4 France
- 11.3.5 Spain
- 11.3.6 Rest of Europe
- 11.4 Asia Pacific
- 11.4.1 Japan
- 11.4.2 China
- 11.4.3 India
- 11.4.4 Australia
- 11.4.5 New Zealand
- 11.4.6 South Korea
- 11.4.7 Rest of Asia Pacific
- 11.5 South America
- 11.5.1 Argentina
- 11.5.2 Brazil
- 11.5.3 Chile
- 11.5.4 Rest of South America
- 11.6 Middle East & Africa
- 11.6.1 Saudi Arabia
- 11.6.2 UAE
- 11.6.3 Qatar
- 11.6.4 South Africa
- 11.6.5 Rest of Middle East & Africa
- 12 Key Developments
- 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 12.2 Acquisitions & Mergers
- 12.3 New Product Launch
- 12.4 Expansions
- 12.5 Other Key Strategies
- 13 Company Profiling
- 13.1 Shelton Fluid Technology
- 13.2 Fluid Handling Systems Inc.
- 13.3 Ingersoll Rand LLC
- 13.4 Anestiwata Corporation
- 13.5 Flowserve Corporation
- 13.6 Metso Corporation
- 13.7 Pentair Plc
- 13.8 Crane Fluid Inc
- 13.9 Flowtech Industries L.L.P
- 13.10 Entegris Inc.
- 13.11 Boyser S.R.L
- 13.12 Graco Inc.
- 13.13 Starlab International
- 13.14 Beckman Coulter, Inc.
- List of Tables
- Table 1 Global Fluid Handling Systems Market Outlook, By Region (2021-2030) ($MN)
- Table 2 Global Fluid Handling Systems Market Outlook, By Product (2021-2030) ($MN)
- Table 3 Global Fluid Handling Systems Market Outlook, By Valves (2021-2030) ($MN)
- Table 4 Global Fluid Handling Systems Market Outlook, By Filters (2021-2030) ($MN)
- Table 5 Global Fluid Handling Systems Market Outlook, By Pumps (2021-2030) ($MN)
- Table 6 Global Fluid Handling Systems Market Outlook, By Hoses (2021-2030) ($MN)
- Table 7 Global Fluid Handling Systems Market Outlook, By Pipes & Fittings (2021-2030) ($MN)
- Table 8 Global Fluid Handling Systems Market Outlook, By Tanks & Vessels (2021-2030) ($MN)
- Table 9 Global Fluid Handling Systems Market Outlook, By Other Products (2021-2030) ($MN)
- Table 10 Global Fluid Handling Systems Market Outlook, By Type (2021-2030) ($MN)
- Table 11 Global Fluid Handling Systems Market Outlook, By Positive Displacement Pump (2021-2030) ($MN)
- Table 12 Global Fluid Handling Systems Market Outlook, By Centrifugal Pumps (2021-2030) ($MN)
- Table 13 Global Fluid Handling Systems Market Outlook, By Flow Meter (2021-2030) ($MN)
- Table 14 Global Fluid Handling Systems Market Outlook, By Magnetic (2021-2030) ($MN)
- Table 15 Global Fluid Handling Systems Market Outlook, By Multiphase (2021-2030) ($MN)
- Table 16 Global Fluid Handling Systems Market Outlook, By Turbine (2021-2030) ($MN)
- Table 17 Global Fluid Handling Systems Market Outlook, By Coriolis (2021-2030) ($MN)
- Table 18 Global Fluid Handling Systems Market Outlook, By Thermal (2021-2030) ($MN)
- Table 19 Global Fluid Handling Systems Market Outlook, By Ultrasonic (2021-2030) ($MN)
- Table 20 Global Fluid Handling Systems Market Outlook, By Vortex (2021-2030) ($MN)
- Table 21 Global Fluid Handling Systems Market Outlook, By Differential Pressure (2021-2030) ($MN)
- Table 22 Global Fluid Handling Systems Market Outlook, By Control Valve (2021-2030) ($MN)
- Table 23 Global Fluid Handling Systems Market Outlook, By Rotary Valve (2021-2030) ($MN)
- Table 24 Global Fluid Handling Systems Market Outlook, By Linear Valve (2021-2030) ($MN)
- Table 25 Global Fluid Handling Systems Market Outlook, By Application (2021-2030) ($MN)
- Table 26 Global Fluid Handling Systems Market Outlook, By Clinical Diagnostics (2021-2030) ($MN)
- Table 27 Global Fluid Handling Systems Market Outlook, By Drug Discovery (2021-2030) ($MN)
- Table 28 Global Fluid Handling Systems Market Outlook, By Cancer and Genomics Research (2021-2030) ($MN)
- Table 29 Global Fluid Handling Systems Market Outlook, By Other Applications (2021-2030) ($MN)
- Table 30 Global Fluid Handling Systems Market Outlook, By End User (2021-2030) ($MN)
- Table 31 Global Fluid Handling Systems Market Outlook, By Pharmaceutical (2021-2030) ($MN)
- Table 32 Global Fluid Handling Systems Market Outlook, By Metal & Mining (2021-2030) ($MN)
- Table 33 Global Fluid Handling Systems Market Outlook, By Oil & Gas (2021-2030) ($MN)
- Table 34 Global Fluid Handling Systems Market Outlook, By Building & Construction (2021-2030) ($MN)
- Table 35 Global Fluid Handling Systems Market Outlook, By Food & Beverages (2021-2030) ($MN)
- Table 36 Global Fluid Handling Systems Market Outlook, By Energy & Power (2021-2030) ($MN)
- Table 37 Global Fluid Handling Systems Market Outlook, By Chemical (2021-2030) ($MN)
- Table 38 Global Fluid Handling Systems Market Outlook, By Other End Users (2021-2030) ($MN)
- Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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