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Global Steam Traps Market 2016-2020

Global Steam Traps Market 2016-2020

About Steam Traps

A steam trap is basically a kind of automatic valve that filters out condensed steam or condensate along with non-condensable gases like air without letting the steam escape. In industries, steam is regularly used for heating or as a driving force for mechanical power. Steam traps are used in industrial applications to ensure that the steam produced is not wasted.

Technavio’s analysts forecast the global steam traps market to grow at a CAGR of 4.8% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the Global Steam Traps Market 2016-2020. To calculate the market size, the report considers the demand for steam traps from the end-user industries across the globe.The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Steam Traps Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Armstrong
  • CIRCOR
  • Flowserve
  • Pentair
  • Spirax Sarco
Other prominent vendors
  • Aman Engineering Works
  • Beijing Convista Flow Control Equipment
  • Bestobell
  • D-KTC
  • Forbes Marshall
  • GESTRA
  • Mahavas Precision Controls
  • Miyawaki
  • Thermax
  • TLV
  • Velan
  • Watson McDaniel
  • Yoshitake
Market driver
  • Emerging geothermal technology for clean energy
  • For a full, detailed list, view our report
Market challenge
  • Energy losses in steam traps
  • For a full, detailed list, view our report
Market trend
  • Steam trap station management programs
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Steam Traps Market 2016-2020

Technavio recognizes the following companies as the key players in the global steam traps market: Armstrong, CIRCOR, Flowserve, Pentair, and Spirax Sarco.

Other Prominent Vendors in the market are: Aman Engineering Works, Beijing Convista Flow Control Equipment, Bestobell, D-KTC, Forbes Marshall, GESTRA, Mahavas Precision Controls, Miyawaki, Thermax, TLV, Velan, Watson McDaniel, and Yoshitake.

Commenting on the report, an analyst from Technavio’s team said: “One trend spurring growth in this market is the preference for real-time automated steam trap monitoring. For proper and efficient functioning of any steam trap, designers and manufacturers are constantly attempting to incorporate technological advances that will help in rectifying any problem with the normal operation of the trap and result in maximum efficiency. One of the technological advances in the steam trap system that will impact the market is the introduction of real-time monitoring of the steam trap, which will be automatic in nature.”

According to the report, one driver fostering growth in this market is the introduction of mandatory steam trap tests that enable optimized performance. In opposition to what individuals believe, steam is still a standout amongst the most productive and helpful methods for giving high-quality heat energy; in any case, if the systems are not kept up legitimately they can become inefficient, wasteful, and perilous. Traps should be examined appropriately and frequently to obtain the greatest effectiveness from the system.

Further, the report states that back pressure will affect steam trap performance and will be a major challenge for this market. The back pressure in a steam trap is defined as the pressure that develops in the downstream part of any steam trap. It is also known as the secondary or outlet pressure of the trap. The difference between the trap’s inlet and outlet pressures is termed as the differential pressure. The back pressure inside the steam trap not only influences its condensate discharge capacity, but also affects the efficient operation of the trap.

Companies Mentioned

Armstrong, CIRCOR, Flowserve, Pentair, Spirax Sarco, Aman Engineering Works, Beijing Convista Flow Control Equipment, Bestobell, D-KTC, Forbes Marshall, GESTRA, Mahavas Precision Controls, Miyawaki, Thermax, TLV, Velan, Watson McDaniel, Yoshitake.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Factors considered for market size calculation
      • Table Types of steam traps
      • Table Brief description of different types of steam traps
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Applications and corresponding steam trap requirements
      • Table Impact of end-users on the global industrial valves market
      • Table Global steam traps market: End-user segmentation
      • Table Global steam traps market: Geographic segmentation
  • Market landscape
    • Market size and forecast
      • Table Energy sources and manufacturing scenario in pre and post-Industrial Revolution periods
      • Table Global steam traps market 2015, 2017, and 2020 ($ billions)
      • Table Growth in number of cities 1990, 2014, and 2030
    • Five forces analysis
      • Table Five forces analysis
  • Market drivers
    • Emerging geothermal technology for clean energy
      • Table Carbon emissions from geothermal power production versus other energy sources
      • Table Geographic region-wise geothermal power generation installed capacity 2015
    • Mandatory steam trap tests enabling optimized performance
    • Development of ultra-mega power projects in emerging economies
      • Table Electricity generation capacity addition in India 2013-2014 and 2014-2015 (MW)
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Energy losses in steam traps
    • Back pressure affecting steam trap performance
      • Table Causes of back pressure creation in steam traps
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Steam trap station management programs
      • Table Reasons for steam trap station management
      • Table Ecosystem of steam trap station management program
    • Real-time automated steam trap monitoring
    • Universal-type steam traps
  • Market segmentation by end-user
    • Table Global steam traps market: End-user segmentation 2015 and 2020
    • Global steam traps market in oil and gas sector
      • Table Global steam traps market in oil and gas sector 2015-2020 ($ billions)
      • Table Price of global crude oil ($/gallon) and price of gasoline ($/barrel) in India 2014-2015
      • Table Distillation refinery capacity addition 2015-2020 (millions of barrels per day)
    • Global steam traps market in thermal power sector
      • Table Global steam traps market in power sector 2015-2020 ($ billions)
      • Table HRSG at different pressure levels
      • Table Major differences between HRSG and regular boilers
      • Table Share of renewables in net electricity generation 2002-2012
  • Geographical segmentation
    • Table Global steam traps market: Geographic segmentation 2015 and 2020
    • Steam traps market in APAC
      • Table Steam traps market in APAC 2015-2020 ($ millions)
    • Steam traps market in EMEA
      • Table Steam traps market in EMEA 2015-2020 ($ millions)
    • Steam traps market in Americas
      • Table Steam traps market in Americas 2015-2020 ($ millions)
  • Vendor landscape
    • Competitive landscape
      • Table Key vendors
    • Vendor mapping
      • Table Vendor portfolio analysis
      • Table Key vendor rating on parameters
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • Armstrong International
      • Table Armstrong International: Bimetallic superheat steam traps
      • Table Armstrong International: Disc steam traps
      • Table Armstrong International: Float and thermostatic steam traps
      • Table Armstrong International: Inverted bucket steam traps
    • CIRCOR
      • Table CIRCOR: Product portfolio offered through Nicholson Steam Traps
    • Flowserve
    • Pentair
      • Table Pentair: Steam strainer
      • Table Pentair: Disc traps
    • Spirax Sarco
  • Appendix
    • List of abbreviations
  • Explore Technavio

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