Research and Markets - Global Steam Traps Market CAGR Growth of 4.8% by 2020 - Trends, Technologies & Opportunities Report 2016-2020 - Key Vendors: Pentair, Spirax Sarco, Forbes Marshall

DUBLIN, July 13, 2016 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Steam Traps Market 2016-2020" report to their offering.

The report forecasts the global steam traps market to grow at a CAGR of 4.8% during the period 2016-2020.

Commenting on the report, an analyst from the research 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.

Questions Answered:

• 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?

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

Report Structure:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market drivers

PART 07: Impact of drivers

PART 08: Market challenges

PART 09: Impact of drivers and challenges

PART 10: Market trends

PART 11: Market segmentation by end-user

PART 12: Geographical segmentation

PART 13: Vendor landscape

PART 14: Key vendor analysis

PART 15: Appendix

PART 16: About the Author

For more information visit http://www.researchandmarkets.com/research/3vwthf/global_steam

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