Steam Trap Market Players:
- The Weir Group PLC
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Circor International Inc.
- Emerson Electric Co.
- Flowserve Corporation
- Pentair Inc.
- Schlumberger Limited
- Spirax-Sarco Engineering
- Thermax Ltd.
- Velan Inc.
- Watts Water Technologies Inc.
Industry participants are extending the functionalities of automation control systems to facilitate their application in the industrial automation sector including aerospace and military, mining and metals, and transportation. Leading companies in the market for industrial automation and control systems include:
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2026, the industry size of steam trap is assessed at USD 4.83 billion.
The global steam trap market size surpassed USD 4.65 billion in 2025 and is projected to witness a CAGR of more than 4.2%, crossing USD 7.02 billion revenue by 2035.
Asia Pacific steam trap market will hold more than 38% share by 2035, driven by ongoing urbanization and industrialization driving demand for infrastructure and steam trap technology.
Key players in the market include The Weir Group, PLC Circor International Inc., Emerson Electric Co., Flowserve Corporation, Pentair Inc., Schlumberger Limited, Spirax-Sarco Engineering, Thermax Ltd., Velan Inc., Watts Water Technologies Inc., Miyawaki Incorporation, Yoshitake, Phucminh Corporation, Motoyama, TLV Corporation.