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?

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


Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

  • By product type
  • By End User/Applications
  • By Technology
  • By Region

The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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