Fluid Handling System Market Size, Share, Opportunities, and Trends Report Segmented By Component, Industry Vertical, and Geography – Forecasts from 2024 to 2029

Fluid Handling System Market Size:

The fluid handling system market is evaluated at US$67.486 billion for the year 2022 and is projected to grow at a CAGR of 5.19% to reach a market size of US$96.17 billion by the year 2029.

Fluid Handling System Market Highlights:

• Enhancing industrial efficiency: Fluid handling systems are optimizing manufacturing and chemical processes.
• Driving automation adoption: IoT and AI are streamlining fluid control in industries.
• Supporting oil and gas: Fluid transfer systems are boosting production and pipeline operations.
• Improving pump reliability: Predictive maintenance is reducing downtime with real-time analytics.
• Promoting sustainability: Energy-efficient pumps and PFAS-free solutions are meeting regulations.
• Enabling biopharma innovation: Single-use fluid systems are advancing pharmaceutical production.
• Facilitating infrastructure growth: Fluid systems are supporting construction in Asia Pacific.

Fluid Handling System Market Introduction:

The fluid handling system market is a critical component of industrial operations, encompassing industrial fluid handling and process fluid management. A fluid handling system consists of numerous interconnected pieces of equipment that are intended to exploit the mass and energy of a moving fluid to carry out tasks, transfer heat, or speed up production processes. Fluid transfer systems ensure efficient movement of liquids and gases across sectors like manufacturing, oil and gas, and chemicals.

Fluid control solutions, including industrial pumps and industrial valves, optimize flow regulation and system reliability. Liquid handling equipment supports precise dispensing and processing, while the sealing solutions market enhances system integrity by preventing leaks. Driven by automation and efficiency demands, this market delivers innovative technologies to meet stringent performance and safety requirements in complex industrial environments.

Depending on the application, the system's design, the fluids it uses, and its function, changes. However, it might be challenging to comprehend how systems operate and how to debug and optimize them due to the complexity of the majority of systems. The fluid handling system market is segmented into components, industry verticals, and geography.  

Fluid Handling System Market Trends:

The fluid handling system market is experiencing robust growth driven by technological advancements and evolving industry needs. Key drivers include the integration of smart fluid handling technologies, such as IoT-enabled fluid systems and AI-driven fluid control, which optimize performance and enhance operational efficiency. Industrial automation, propelled by the Industry 4.0 revolution, fuels demand for advanced fluid handling systems that seamlessly integrate into automated production processes, improving productivity and precision. Predictive maintenance for pumps, powered by real-time analytics, minimizes downtime, while automation and digitalization in fluid management enhance accuracy and reliability.

Sustainability is a pivotal factor, with energy-efficient pumps and eco-friendly fluid handling solutions addressing environmental concerns. The adoption of PFAS-free fluid systems aligns with stringent regulatory requirements, particularly in industries like pharmaceuticals and food and beverage. Single-use fluid systems are gaining traction in biopharma for their sterility and efficiency, while modular fluid systems, supported by 3D printing, offer cost-effective customization and flexibility for applications in chemical processing and oil and gas.

Stringent regulations on environmental protection and worker safety are encouraging companies to invest in compliant, high-performance fluid handling systems. The growing focus on water and wastewater treatment, driven by global water scarcity and urbanization, further accelerates market growth. Innovations like smart sensors and IoT integration enable real-time monitoring and data-driven decision-making, improving system reliability and efficiency.

The market is poised for significant expansion due to rising demand from end-use sectors, including oil and gas, pharmaceuticals, chemical processing, and food and beverage. Infrastructure development in emerging economies, particularly in the Asia-Pacific region, contributes to market opportunities. User search intent for fluid handling systems typically centers on understanding market trends, technological innovations, and sustainable solutions, with professionals seeking insights into IoT applications, energy-efficient systems, and regulatory compliance to guide investment and operational decisions.

Fluid Handling System Market Growth Drivers:

• Growing demand for consumer goods, oil, gas, energy, and power is anticipated to drive the market’s growth.

The Oil market report of the International Energy Agency, published in August 2022, stated that the World Oil demand is now forecasted at 99.7 mb/d in 2022 and 101.8 mb/d in 2023. This is anticipated to lead to the growth of the fluid handling system market as these systems are used in the production of these products. Moreover, the growing trend of automating plant operations is further supplementing the growth of the fluid handling system market, as the manufacturers involved in this market are focusing on developing advanced fluid handling systems to gain a competitive advantage over other players in the fluid handling system market.

Furthermore, the development of terminals and storage facilities for the oil and gas industry, as well as the installation of new pipelines, all contribute to the growth of the fluid handling system market. One of the major factors influencing the growth of the fluid handling system market is the fierce competition offered by local producers to established manufacturers. In the chemical and wastewater management industries, there is a considerable demand for cutting-edge systems

• Increasing adoption of industrial automation is predicted to positively impact the fluid handling systems market growth.

The fluid handling systems market is expected to benefit greatly from the growing use of industrial automation. Automation technologies are essential for optimizing workflow and simplifying processes as industries aim for increased productivity, efficiency, and cost-effectiveness in their operations. Systems for precisely controlling, monitoring, and managing fluids, such as liquids, gases, and slurries, are essential parts of automated manufacturing processes. Automated fluid handling systems have several benefits, such as increased fluid delivery precision, uniformity, and repeatability; they also improve safety and demand less labor.

As a result, it is anticipated that demand for sophisticated fluid handling systems with automation features such as PLCs, sensors, actuators, and integrated control systems will increase. Furthermore, the market is expected to grow as long as technological developments keep improving the functionality and dependability of automated fluid handling solutions. This presents manufacturers and suppliers with profitable opportunities to satisfy the changing demands of various industries across the globe.

Fluid Handling System Market Restraints:

The fluid handling systems market is constrained in several ways, despite its expansion. The substantial upfront cost associated with installing and integrating fluid handling systems, particularly for sophisticated automated solutions, is a major obstacle. This may discourage SMEs (small and medium-sized businesses) from using these technologies, which would restrict market expansion.

Another limitation is the absence of personnel with the necessary skills to manage and maintain sophisticated fluid-handling equipment. Further impediments to market development may include concerns about how well fluid handling technologies integrate with the current infrastructure and the possible disturbance that might result from system outages during installation or maintenance, resulting in restrained market growth.

Fluid Handling System Market Geographical Outlook:

• Asia Pacific is anticipated to be the major regional market.

The need for various kinds of fluid handling systems in the Asia Pacific region is predicted to increase during the anticipated period in several industries, including energy and electricity, oil and gas, and building and construction.

The significant oil and gas industry in the area, as well as the expanding water and wastewater, mining, and construction industries, are contributing to the growth of the fluid handling system market in this region. Also, the population growth of countries like China and India is are major factor propelling the end-user industries, which is consequently fueling the fluid handling system market.

Fluid Handling System Market Key Developments: 

• In February 2024, Fluid Metering Inc. (FMI) announced the appointment of Girtec AG, a Swiss company, as a strategic distributor for the German, Swiss, Austrian, and Liechtenstein markets for our ultra-precise fluid control metering and dispensing solutions.
• In October 2023, in Jiading, Shanghai, TI Fluid Systems, a top global provider of thermal and fluid systems solutions, hosted the grand launch of its e-Mobility Innovation Centre (eMIC). After prior achievements in Germany, Japan, and Korea, TI Fluid Systems has further created four eMICs globally.
• In February 2022, at the SLAS 2022 International Conference and Exhibition in Boston, SPT Labtech, a pioneer in the world of laboratory automation for the life sciences, announced the introduction of the DC1, a flexible, 4-in-1 automated liquid handling platform.
  With the introduction of a new class of accessible and small automated pipettors, many labs have more economical options to automate and simplify routine manual or semi-automated pipetting procedures for a wide range of applications.

List of Top Fluid Handling System Companies:

• Dover Corporation
• Crane Co.
• Circor International, Inc.
• Graco Inc.
• Flowserve Corporation

Fluid Handling System Market Scope:

Report Metric	Details
Fluid Handling System Market Size in 2022	US$67.486 billion
Fluid Handling System Market Size in 2029	US$96.17 billion
Growth Rate	CAGR of 5.19%
Study Period	2019 to 2029
Historical Data	2019 to 2022
Base Year	2023
Forecast Period	2024 – 2029
Forecast Unit (Value)	USD Billion
Segmentation	Component Industry Vertical Geography
Geographical Segmentation	North America, South America, Europe, Middle East and Africa, Asia Pacific
List of Major Companies in Fluid Handling System Market	Emerson Electric Co Christian Burkert GmbH & Co. KG Alfa Laval Ingersoll-Rand plc IDEX
Customization Scope	Free report customization with purchase

 

Fluid Handling System Market Segmentation:

• By Component
  • Pumps
  • Valves
  • Seals
  • Gaskets
• By INDUSTRY VERTICAL
  • Oil and Gas
  • Energy and Power
  • Food and Beverage
  • Chemical
  • Healthcare
  • Metallurgy
  • Construction
  • Others
• By Geography
  • • North America
    • USA
    • Canada
    • Mexico
    • South America
    • Brazil
    • Argentina
    • Others 
  • Europe
    • United Kingdom
    • Germany
    • France
    • Spain
    • Others 
  • Middle East and Africa
    • Saudi Arabia
    • UAE
    • Israel
    • Others 
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Thailand
    • Indonesia
    • Others

1. INTRODUCTION

1.1. Market Overview

1.2. Market Definition

1.3. Scope of the Study

1.4. Market Segmentation

1.5. Currency

1.6. Assumptions

1.7. Base, and Forecast Years Timeline

1.8. Key Benefits for the stakeholder

2. RESEARCH METHODOLOGY  

2.1. Research Design

2.2. Research Processes

3. EXECUTIVE SUMMARY

3.1. Key Findings

3.2. Analyst View

4. MARKET DYNAMICS

4.1. Market Drivers

4.2. Market Restraints

4.3. Porter’s Five Forces Analysis

4.3.1. Bargaining Power of Suppliers

4.3.2. Bargaining Power of Buyers

4.3.3. Threat of New Entrants

4.3.4. Threat of Substitutes

4.3.5. Competitive Rivalry in the Industry

4.4. Industry Value Chain Analysis

4.5. Analyst View

5. FLUID HANDLING SYSTEM MARKET, BY COMPONENT

5.1. Introduction

5.2. Pumps

5.2.1. Market Trends and Opportunities

5.2.2. Growth Prospects

5.2.3. Geographic Lucrativeness

5.3. Valves

5.3.1. Market Trends and Opportunities

5.3.2. Growth Prospects

5.3.3. Geographic Lucrativeness

5.4. Seals

5.4.1. Market Trends and Opportunities

5.4.2. Growth Prospects

5.4.3. Geographic Lucrativeness

5.5. Gaskets

5.5.1. Market Trends and Opportunities

5.5.2. Growth Prospects

5.5.3. Geographic Lucrativeness

6. FLUID HANDLING SYSTEM MARKET, BY INDUSTRY VERTICAL

6.1. Introduction

6.2. Oil and Gas

6.2.1. Market Trends and Opportunities

6.2.2. Growth Prospects

6.2.3. Geographic Lucrativeness

6.3. Energy and Power

6.3.1. Market Trends and Opportunities

6.3.2. Growth Prospects

6.3.3. Geographic Lucrativeness

6.4. Food and Beverage

6.4.1. Market Trends and Opportunities

6.4.2. Growth Prospects

6.4.3. Geographic Lucrativeness

6.5. Chemical

6.5.1. Market Trends and Opportunities

6.5.2. Growth Prospects

6.5.3. Geographic Lucrativeness

6.6. Healthcare

6.6.1. Market Trends and Opportunities

6.6.2. Growth Prospects

6.6.3. Geographic Lucrativeness

6.7. Metallurgy

6.7.1. Market Trends and Opportunities

6.7.2. Growth Prospects

6.7.3. Geographic Lucrativeness

6.8. Construction

6.8.1. Market Trends and Opportunities

6.8.2. Growth Prospects

6.8.3. Geographic Lucrativeness

6.9. Others

6.9.1. Market Trends and Opportunities

6.9.2. Growth Prospects

6.9.3. Geographic Lucrativeness

7. FLUID HANDLING SYSTEM MARKET, BY GEOGRAPHY

7.1. Introduction

7.2. North America

7.2.1. By Component

7.2.2. By Industry Vertical

7.2.3. By Country

7.2.3.1. USA

7.2.3.1.1. Market Trends and Opportunities

7.2.3.1.2. Growth Prospects

7.2.3.2. Canada

7.2.3.2.1. Market Trends and Opportunities

7.2.3.2.2. Growth Prospects

7.2.3.3. Mexico

7.2.3.3.1. Market Trends and Opportunities

7.2.3.3.2. Growth Prospects

7.3. South America

7.3.1. By Component

7.3.2. By Industry Vertical

7.3.3. By Country

7.3.3.1. Brazil

7.3.3.1.1. Market Trends and Opportunities

7.3.3.1.2. Growth Prospects

7.3.3.2. Argentina

7.3.3.2.1. Market Trends and Opportunities

7.3.3.2.2. Growth Prospects

7.3.3.3. Others

7.3.3.3.1. Market Trends and Opportunities

7.3.3.3.2. Growth Prospects

7.4. Europe

7.4.1. By Component

7.4.2. By Industry Vertical

7.4.3. By Country

7.4.3.1. United Kingdom

7.4.3.1.1. Market Trends and Opportunities

7.4.3.1.2. Growth Prospects

7.4.3.2. Germany

7.4.3.2.1. Market Trends and Opportunities

7.4.3.2.2. Growth Prospects

7.4.3.3. France

7.4.3.3.1. Market Trends and Opportunities

7.4.3.3.2. Growth Prospects

7.4.3.4. Spain

7.4.3.4.1. Market Trends and Opportunities

7.4.3.4.2. Growth Prospects

7.4.3.5. Others

7.4.3.5.1. Market Trends and Opportunities

7.4.3.5.2. Growth Prospects

7.5. Middle East and Africa

7.5.1. By Component

7.5.2. By Industry Vertical

7.5.3. By Country

7.5.3.1. Saudi Arabia

7.5.3.1.1. Market Trends and Opportunities

7.5.3.1.2. Growth Prospects

7.5.3.2. UAE

7.5.3.2.1. Market Trends and Opportunities

7.5.3.2.2. Growth Prospects

7.5.3.3. Israel

7.5.3.3.1. Market Trends and Opportunities

7.5.3.3.2. Growth Prospects

7.5.3.4. Others

7.5.3.4.1. Market Trends and Opportunities

7.5.3.4.2. Growth Prospects

7.6. Asia Pacific

7.6.1. By Component

7.6.2. By Industry Vertical

7.6.3. By Country

7.6.3.1. China

7.6.3.1.1. Market Trends and Opportunities

7.6.3.1.2. Growth Prospects

7.6.3.2. Japan

7.6.3.2.1. Market Trends and Opportunities

7.6.3.2.2. Growth Prospects

7.6.3.3. India

7.6.3.3.1. Market Trends and Opportunities

7.6.3.3.2. Growth Prospects

7.6.3.4. South Korea

7.6.3.4.1. Market Trends and Opportunities

7.6.3.4.2. Growth Prospects

7.6.3.5. Taiwan

7.6.3.5.1. Market Trends and Opportunities

7.6.3.5.2. Growth Prospects

7.6.3.6. Thailand

7.6.3.6.1. Market Trends and Opportunities

7.6.3.6.2. Growth Prospects

7.6.3.7. Indonesia

7.6.3.7.1. Market Trends and Opportunities

7.6.3.7.2. Growth Prospects

7.6.3.8. Others

7.6.3.8.1. Market Trends and Opportunities

7.6.3.8.2. Growth Prospects

8. COMPETITIVE ENVIRONMENT AND ANALYSIS

8.1. Major Players and Strategy Analysis

8.2. Market Share Analysis

8.3. Mergers, Acquisitions, Agreements, and Collaborations

8.4. Competitive Dashboard

9. COMPANY PROFILES

9.1. Emerson Electric Co

9.2. Christian Burkert GmbH & Co. KG

9.3. Alfa Laval

9.4. Ingersoll-Rand plc

9.5. IDEX

9.6. Dover Corporation

9.7. Crane Co.

9.8. Circor International, Inc.

9.9. Graco Inc.

9.10. Flowserve Corporation

Emerson Electric Co

Christian Burkert GmbH & Co. KG

Alfa Laval

Ingersoll-Rand plc

IDEX

Dover Corporation

Crane Co.

Circor International, Inc.

Graco Inc.

Flowserve Corporation