Market Overview:
The global instrumentation fittings market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for instrumentation fittings in various industries such as oil & gas, food & beverage, chemical, and others. In addition, the growing demand for tube and pipe fittings in the global market is also contributing to the growth of this market. Tube fittings are expected to dominate the global instrumentation fittings market during the forecast period owing to their properties such as corrosion resistance and high pressure tolerance. Pipe fittings are also witnessing a high demand due their ability to withstand high pressure and temperature conditions without any leakage or damage.
Product Definition:
Instrumentation fittings are used to connect two pieces of tubing or piping together. They are often used in medical and laboratory settings to connect various types of tubing together. The fittings can be made from a variety of materials, including metal, plastic, and rubber.
Tube:
The tube is a hollow cylindrical container, which is used to contain gases or liquids. It can be closed by means of a removable cap or by welding the end. The major applications include household products such as vacuum tubes and light bulbs, electronic devices such as television sets and computer monitors, automotive parts such as fuel lines and electrical connectors among others.
Pipe:
Pipe is a hollow cylindrical device made of metal or plastic, which is used for conveying fluids. It consists of one or more smaller tubes (called piping) joined together to form an open channel through which fluid can flow. The piping and tube sizes are selected so that the flow rate through the pipe is adequate to carry the required amount of liquid at any given time.
Application Insights:
The manufacturing application segment dominated the global instrumentation fittings market in terms of revenue share in 2017. The growth can be attributed to the rising demand for industrial machinery and equipment across various industries such as oil & gas, food & beverage, chemical, and others. In addition, growing investments by governments to develop infrastructure and promote industrialization are expected to boost industry growth over the forecast period.
In addition, increasing R&D activities pertaining to drilling fluids is anticipated to propel industry expansion over the coming years.
Regional Analysis:
North America dominated the global instrumentation fittings market in 2017. The growth can be attributed to the presence of a large number of industry players, high investments in automation, and technological advancements. In addition, growing demand for process measurement solutions from various industries is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing industrialization and rising adoption of automation across various industries such as food & beverage, chemicals & petrochemicals along with mining sector. This has led to an increase in demand for instrumentation fittings across end-use sectors which would further boost regional market development.
Growth Factors:
- Increasing demand from the process industries for better quality and performance of instrumentation fittings
- Rapid industrialization in developing countries, which is resulting in an increase in the number of process industries
- Growing demand for automation and control systems in various industrial sectors
- Rising investments by companies in research and development to develop new and innovative products
- Growing popularity of modular systems that offer a variety of options for connecting different types of instruments
Scope Of The Report
Report Attributes
Report Details
Report Title
Instrumentation Fittings Market Research Report
By Type
Tube, Pipe
By Application
Manufacturing, Oil & Gas, Food & Beverage, Chemical, Others
By Companies
As-Schneider, Astec Valves & Fittings, Fujikin of America, Ham-Let Group, Hy-Lok Usa, Parker Hannifin, Swagelok Company, As-Schneider
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Instrumentation Fittings Market Report Segments:
The global Instrumentation Fittings market is segmented on the basis of:
Types
Tube, Pipe
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Manufacturing, Oil & Gas, Food & Beverage, Chemical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- As-Schneider
- Astec Valves & Fittings
- Fujikin of America
- Ham-Let Group
- Hy-Lok Usa
- Parker Hannifin
- Swagelok Company
- As-Schneider
Highlights of The Instrumentation Fittings Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Tube
- Pipe
- By Application:
- Manufacturing
- Oil & Gas
- Food & Beverage
- Chemical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Instrumentation Fittings Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Instrumentation fittings are used to connect instruments and other devices in a laboratory or industrial setting. They can be made from metal, plastic, or other materials. Instrumentation fittings often have specific functions, such as connecting sensors to measuring equipment.
Some of the major companies in the instrumentation fittings market are As-Schneider, Astec Valves & Fittings, Fujikin of America, Ham-Let Group, Hy-Lok Usa, Parker Hannifin, Swagelok Company, As-Schneider.
The instrumentation fittings market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Instrumentation Fittings Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Instrumentation Fittings Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Instrumentation Fittings Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Instrumentation Fittings Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Instrumentation Fittings Market Size & Forecast, 2020-2028
4.5.1 Instrumentation Fittings Market Size and Y-o-Y Growth
4.5.2 Instrumentation Fittings Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Tube
5.2.2 Pipe
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Manufacturing
6.2.2 Oil & Gas
6.2.3 Food & Beverage
6.2.4 Chemical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Instrumentation Fittings Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Instrumentation Fittings Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Tube
9.6.2 Pipe
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Manufacturing
9.10.2 Oil & Gas
9.10.3 Food & Beverage
9.10.4 Chemical
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Tube
10.6.2 Pipe
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Manufacturing
10.10.2 Oil & Gas
10.10.3 Food & Beverage
10.10.4 Chemical
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Tube
11.6.2 Pipe
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Manufacturing
11.10.2 Oil & Gas
11.10.3 Food & Beverage
11.10.4 Chemical
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Tube
12.6.2 Pipe
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Manufacturing
12.10.2 Oil & Gas
12.10.3 Food & Beverage
12.10.4 Chemical
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Tube
13.6.2 Pipe
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Manufacturing
13.10.2 Oil & Gas
13.10.3 Food & Beverage
13.10.4 Chemical
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Instrumentation Fittings Market: Competitive Dashboard
14.2 Global Instrumentation Fittings Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 As-Schneider
14.3.2 Astec Valves & Fittings
14.3.3 Fujikin of America
14.3.4 Ham-Let Group
14.3.5 Hy-Lok Usa
14.3.6 Parker Hannifin
14.3.7 Swagelok Company
14.3.8 As-Schneider
