Global Fluid Handling System Market is valued approximately at USD 63.52 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 4.80% over the forecast period 2020-2027. Fluid handling systems are utilized to measure, direct and control the progression of fluid and different sorts of liquid. These incorporate sewage water, slurries, harmful gases, synthetic compounds and blends. As indicated by an assessment of International Energy Agency (IEA), about 40% of the worldwide CO2 outflow decreased and is expected to limit global warming less than 2 ?C by the year 2050, can be accomplished by upgrading the effectiveness of end-use vitality. The growth of this market is expected to increase by the expanding interest for various kinds of pumps in the oil and gas industry that appeals for cutting edge frameworks in the chemical and wastewater the executives businesses. As indicated by International Energy Agency’s (IEA’s) Oil Market Report, oil demand is expected to increase to 99.3 million b/d in 2018. Developing oil flexibly from Saudi Arabia, Russia, and the US is probably going to make lucrative growth opportunity for oil and gas siphons market players. The interest for OPEC rough is extended to increment to almost 40 million b/d by 2040, according to the Organization of the Petroleum Exporting Countries (OPEC). Also, processing plant increments are normal in the Asia Pacific, the Middle East, Africa, and Latin America in the coming years. Pumps are expected to hold the biggest portion of the overall fluid handling system market in 2017. They are utilized for a wide range of applications. Moreover, the worldwide pump market is progressively seeing the appropriation of cutting-edge astute pump innovation, which is additionally expected to empower the development of the market. The control valves fragment is expected to observe the most elevated development in the worldwide liquid dealing with framework market during the forecasted period. Installation of new pipelines and building of terminals and storage facilities pertaining to the oil and gas industry will offer a lucrative opportunity for the growth of the fluid handling systems market. Notwithstanding, one of the significant limitations hampering the development of the fluid handling system market is the firm rivalry being offered by the local makers to the established makers.

The regional analysis of global Fluid Handling System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the leading/significant region across the world in terms of market share owing to the increasing demand for different types of pumps in the oil & gas industry. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027. Factors such as integration of fluid handling system would create lucrative growth prospects for the Fluid Handling System Market across Asia-Pacific region.

Major market player included in this report are:
Sulzer Ltd
Colfax Corporation
Graco Inc.
Des-Case Corporation
EBARA International Corporation
Alfa Wassermann, Inc.
Raumedic AG
Pentair Ltd.
Ingersoll Rand Inc.
Malema Engineering Corporation

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Equipment Type Equipment Types of key players. The detailed segments and sub-segment of the market are explained below:

By Equipment Type:
Positive displacement pumps
Centrifugal pumps

By Component Type:
Fluid meters
Control valves
Tanks and collectors
Pressure regulators
Other Accessories (switches, sensors etc.)

By End-use Industries:
Oil & gas industry
Pharmaceutical industry
Water & wastewater treatment
Food & Beverage industry
Pulp & paper
Power generation
Chemical industry

By Region:
North America

Asia Pacific
South Korea
Latin America
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027

Target Audience of the Global Fluid Handling System Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers