Fluid Conveyance Products Motors Market by Category (Tubes/Pipes, High-pressure Ducts, and Low-pressure Ducts) Applications (Aerospace, Construction, Agriculture, Mining, Waste Water Treatment, Automobile, and Others), and Region (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2027
The global fluid conveyance products motors market size was valued over USD 8billion in 2020. The market is projected to expand at a CAGR of 5.1% during the forecast period, 2021 – 2028. The growth of the market is attributed to rising demand for systematic transportation and extraction of gas and oil. Fluid conveyance products help in drawing out and transporting gases and liquids. It prevents and safeguards from leakage, putrefaction, and exposure. These products assist to transfer media from one point to another which includes hydraulics, pneumatics, lubricating oil, compressed air, and coolant. Rising Infrastructures and industries in sectors like construction, aerospace, agriculture, mining, waste water treatment, and automobile have significant impact on fluid conveyance products motors market.
According to World Health Organization (WHO), the Covid-19 pandemic affected the demand and supply of fluid conveyance products motors. Adverse situations like lockdown, supply chain disorders, and oscillation of supply of raw materials forced manufacturers to shut down production leading to decline in market growth.
Market Trends, Drivers, Restraints, and Opportunities
- Technological advancements and widespread infrastructure all around the globe ensure optimum growth and are estimated to boost the market during the forecast period.
- Growth in industries increases demand for fluid conveyance products, thereby creating enormous opportunities for market growth.
- Expansion and development in sectors like automobiles, aerospace, and agricultural are projected to drive the market.
- Inflexibility and high costs are anticipated to hamper the market.
- Covid-19 situation had an adverse impact on the market by unfavorable production and supply. This is expected to hinder the market growth.
- Key players and manufacturers aim to improve the quality of the product with effective resolution. This is projected to create remunerative opportunities during the forecast period.
- A fluid conveyance products motors plays an important role in the improvement and growth of various industries and has immense growth opportunities.
Scope of the Report
The report on the global fluid conveyance products motors market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Fluid Conveyance Products Motors Market -Global Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2020 |
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Historic Data |
2018–2019 |
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Forecast Period |
2021–2028 |
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Segmentation |
Category (Tubes/Pipes, High-pressure Ducts, and Low-pressure Ducts) and Applications (Aerospace, Automobile, Agriculture, Construction, Mining, Waste Water Treatment, and Others) |
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Regional Scope |
Asia Pacific, North America, Latin America, Europe, and Middle East & Africa |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Eaton Corporation, Parker Hannifin Corp, Unison, Ideal Plm, Sabo Group, Leading Edge Hydraulics, Metline Industries, GHX Industrial, Pressure Lift Corporation, and Senior PlC. |
Fluid Conveyance Products Motors Market Segment insights
The tubes/pipes segment is estimated to hold a major market share during the forecast period
Based on category, the global fluid conveyance products market is segmented into tubes/pipes, high-pressure ducts, and low-pressure ducts. The tubes/pipes segment accounted for a large market share in 2020 in terms of revenue and is expected to expand at a substantial CAGR during the forecast period. Tubes/pipes are commonly used tools in the market. It is a hollow cylinder used to transfer substances such as liquids and gases. These tubes are preferred, due to affordable price, availability, common practices, and reliability. High-pressure ducts and low-pressure ducts segments are anticipated to exhibit a high CAGR, owing to investment in infrastructure by key players and manufacturing companies.
The aerospace segment is anticipated to expand at a high CAGR
On the basis of applications, the market is fragmented into aerospace, automobile, agriculture, construction, mining, waste water treatment, and others. The aerospace segment is considered to expand at a substantial CAGR during the forecast period, owing to aircrafts, jets, and others, which possess immense demand worldwide. The construction segment is anticipated to expand at a rapid pace during the forecast period, due to investment of key players in the industry.
The market in North America to expand at a robust CAGR
In terms of regions, the market is broadly classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America holds the maximum share of the global market in terms of revenue, demand and consumption. Growth of the market is attributed to growing investment in the aerospace and defense industries, which is expected to hold more than 50% share by 2024. The market in Asia Pacific is anticipated to expand at a rapid rate during the forecast period, due to growing investment in construction and other industries. This is expected to boost the market during the forecast period.
2. Assumptions and Acronyms Used
3. Research Methodology
4. Fluid Conveyance Products Motors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Fluid Conveyance Products Motors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Fluid Conveyance Products Motors Market - Supply Chain
4.5. Global Fluid Conveyance Products Motors Market Forecast
4.5.1. Fluid Conveyance Products Motors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Fluid Conveyance Products Motors Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Fluid Conveyance Products Motors Market Absolute $ Opportunity
5. Global Fluid Conveyance Products Motors Market Analysis and Forecast by Applications
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Applications
5.2.2. Y-o-Y Growth Projections by Applications
5.3. Fluid Conveyance Products Motors Market Size and Volume Forecast by Applications
5.3.1. Aerospace
5.3.2. Construction
5.3.3. Agriculture
5.3.4. Mining
5.3.5. Waste Water Treatment
5.3.6. Automobile
5.4. Absolute $ Opportunity Assessment by Applications
5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Fluid Conveyance Products Motors Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Fluid Conveyance Products Motors Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Fluid Conveyance Products Motors Demand Share Forecast, 2019-2026
7. North America Fluid Conveyance Products Motors Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Fluid Conveyance Products Motors Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Fluid Conveyance Products Motors Market Size and Volume Forecast by Applications
7.4.1. Aerospace
7.4.2. Construction
7.4.3. Agriculture
7.4.4. Mining
7.4.5. Waste Water Treatment
7.4.6. Automobile
7.5. Basis Point Share (BPS) Analysis by Applications
7.6. Y-o-Y Growth Projections by Applications
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Fluid Conveyance Products Motors Demand Share Forecast, 2019-2026
8. Latin America Fluid Conveyance Products Motors Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Fluid Conveyance Products Motors Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Fluid Conveyance Products Motors Market Size and Volume Forecast by Applications
8.4.1. Aerospace
8.4.2. Construction
8.4.3. Agriculture
8.4.4. Mining
8.4.5. Waste Water Treatment
8.4.6. Automobile
8.5. Basis Point Share (BPS) Analysis by Applications
8.6. Y-o-Y Growth Projections by Applications
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Fluid Conveyance Products Motors Demand Share Forecast, 2019-2026
9. Europe Fluid Conveyance Products Motors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Fluid Conveyance Products Motors Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Fluid Conveyance Products Motors Market Size and Volume Forecast by Applications
9.4.1. Aerospace
9.4.2. Construction
9.4.3. Agriculture
9.4.4. Mining
9.4.5. Waste Water Treatment
9.4.6. Automobile
9.5. Basis Point Share (BPS) Analysis by Applications
9.6. Y-o-Y Growth Projections by Applications
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Fluid Conveyance Products Motors Demand Share Forecast, 2019-2026
10. Asia Pacific Fluid Conveyance Products Motors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Fluid Conveyance Products Motors Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Fluid Conveyance Products Motors Market Size and Volume Forecast by Applications
10.4.1. Aerospace
10.4.2. Construction
10.4.3. Agriculture
10.4.4. Mining
10.4.5. Waste Water Treatment
10.4.6. Automobile
10.5. Basis Point Share (BPS) Analysis by Applications
10.6. Y-o-Y Growth Projections by Applications
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Fluid Conveyance Products Motors Demand Share Forecast, 2019-2026
11. Middle East & Africa Fluid Conveyance Products Motors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Fluid Conveyance Products Motors Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Fluid Conveyance Products Motors Market Size and Volume Forecast by Applications
11.4.1. Aerospace
11.4.2. Construction
11.4.3. Agriculture
11.4.4. Mining
11.4.5. Waste Water Treatment
11.4.6. Automobile
11.5. Basis Point Share (BPS) Analysis by Applications
11.6. Y-o-Y Growth Projections by Applications
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Fluid Conveyance Products Motors Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Fluid Conveyance Products Motors Market: Market Share Analysis
12.2. Fluid Conveyance Products Motors Distributors and Customers
12.3. Fluid Conveyance Products Motors Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Eaton Corporation
12.4.2. Parker Hannifin Corp
12.4.3. Unison
12.4.4. Ideal Plm
12.4.5. Sabo Group
12.4.6. Leading Edge Hydraulics
12.4.7. Metline Industries
12.4.8. GHX Industrial
12.4.9. Pressure Lift Corporation
12.4.10. Senior PlC
The global fluid conveyance products motors market has been segmented on the basis of:-
Category
- Tubes/Pipes
- High-pressure Ducts
- Low-pressure Ducts
- Aerospace
- Construction
- Agriculture
- Mining
- Waste Water Treatment
- Automobile
- Asia Pacific
- North America
- Latin America
- Europe
- Middle East & Africa
- Eaton Corporation
- Parker Hannifin Corp
- Unison
- Ideal Plm
- Sabo Group
- Leading Edge Hydraulics
- Metline Industries
- GHX Industrial
- Pressure Lift Corporation
- Senior PlC
Key players in the global fluid conveyance products market include Eaton Corporation, P, Ideal Plm, Sabo Group, GHX Industrial, arker Hannifin Corp, Leading Edge Hydraulics, Unison, Metline Industries, Pressure Lift Corporation, and Senior PlC.
Major companies are engaged in adopting several market strategies such as mergers & acquisitions, collaborations, partnerships, product launches, R&D activities, and capacity expansion to increase their market share and global presence.
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