Global Steam Traps Market 2016-2020 - New Market Study Published

From: Fast Market Research, Inc.
Published: Tue Jul 12 2016

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.

Full Report Details at

The market is divided into the following segments based on geography:

* Americas

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
* Flowserve
* Pentair
* Spirax Sarco

Other prominent vendors

* Aman Engineering Works
* Beijing Convista Flow Control Equipment
* Bestobell
* Forbes Marshall
* Mahavas Precision Controls
* Miyawaki
* Thermax
* 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?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: 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

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