Oct 17, 2017   SOURCE: BusinessWire

Fluid Handling System Market - Global Forecast to 2023 - By Pumps, Control Valves, Flow Meters & Industry - Research and Markets

The "Fluid Handling System Market - Global Forecast to 2023" report has been added to Research and Markets' offering.

The fluid handling system market is projected to be valued at USD 73.2 Billion by 2023, growing at a CAGR of 4.8% between 2017 and 2023.

The key factors driving the growth of the market are the increasing demand for different types of pumps in the oil and gas industry, high demand for advanced systems in the chemical and wastewater management industry, and increased focus on plant automation. However, factors such as the high investment and operational cost of fluid handling system restrain the growth of this market.

Pumps are expected to hold a major share of the fluid handling system market by 2023 owing to the improved environment for fixed investment spending by developed nations, which will help pump users to invest in expanding and upgrading the facilities. Further, the increased investment in water infrastructure in developing nations will also boost the growth of the market. The pumps used in industrial applications are usually heavy-duty process pumps. The types of pumps used in the fluid handling system are centrifugal pumps and positive displacement pumps.

The demand for upgrading the aging water infrastructure in developed countries is expected to encourage investment in fluid handling infrastructure for the water and wastewater industry. Also, the rapid urbanization and infrastructural development in developing nations have created a demand for fresh water and water sanitation, which would further create a major opportunity for the growth of the fluid handling system market.

Companies Mentioned

  • Alfa Laval
  • Alpeco
  • Brkert
  • Colfax
  • Crane
  • Dover
  • Ebara International
  • Flowserve
  • Fluid Global Solutions
  • Graco
  • Idex
  • Ingersoll-Rand
  • SPX Flow

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Services And Iot Solutions for Fluid Handling Systems

7 Pump Based Fluid Handling System Market, By Type

8 Control Valve Based Fluid Handling System Market, By Type

9 Flow Meter Based Fluid Handling System Market, By Type

10 Market Analysis, By Industry

11 Geographic Analysis

12 Competitive Landscape

13 Company Profiles

14 Appendix

For more information about this report visit https://www.researchandmarkets.com/research/g36zbx/fluid_handling