Who are the key players in North America Steam Trap Market industry?

The top five players are Spirax-Sarco Engineering plc, Emerson Electric Co., Armstrong International, Inc., The Watts Water Technologies, Inc., and Velan Inc. These companies are known for their extensive product portfolios, technological innovations, and strong distribution networks, giving them a competitive edge in the North American steam trap sector.

What is the North America Steam Trap Market growth?

The North America Steam Trap Market has exhibited steady growth, driven by increased industrial automation and energy efficiency mandates. Companies such as Emerson Electric have reported rising steam trap sales in 2023, emphasizing digital monitoring solutions to minimize energy loss and improve system reliability in manufacturing and processing industries.

Which segment accounted for the largest North America Steam Trap Market share?

The process industries application segment holds the largest share of the North America Steam Trap Market. This includes sectors like chemical, food & beverage, and pharmaceuticals, which rely heavily on steam systems for production processes, thereby driving significant demand for efficient and reliable steam trap solutions.

What are the factors driving the North America Steam Trap Market?

Rising focus on energy conservation and stringent regulatory policies are key drivers. For example, Armstrong International promotes advanced steam trap management programs to help industries reduce greenhouse gas emissions and operational costs, encouraging the adoption of efficient condensate management solutions across manufacturing facilities.

Which type accounted for the largest North America Steam Trap Market share?

Mechanical steam traps, especially float and thermostatic types, accounted for the largest share in the North America Steam Trap Market. Their durability, ability to efficiently discharge condensate, and suitability for a range of pressures make them the preferred choice in critical industrial steam applications.

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North America Steam Trap Market Size & Share Analysis - Growth Trends and Forecast (2026 - 2035)

North America Steam Trap Market: by Type (Mechanical, Thermodynamic, Thermostatic), Application (Oil & Gas, Power Generation, Chemical, Food & Beverage, Pharmaceuticals, Others), Distribution Channels (Direct, Indirect, Online, Offline, Distributors, Wholesalers), Technology (Conventional, Smart/Intelligent), Organization Size (Small, Medium, Large) and By North America Historical & Forecast Period (2020-2035) Comprehensive Study 2025

Last Updated: 23-07-2025 | Format: PDF | Report ID:10772

Market Segmentation

Metrics	Details
Years	2020-2035
Base Year	2025
Market Size	Revenue (USD Million)
Regions	US, Canada, Mexico
Segments	By Type (Mechanical, Thermodynamic, Thermostatic, Inverted Bucket, Float & Thermostatic, Bimetallic) and By Application (Oil & Gas, Power Generation, Chemical, Food & Beverage, Pharmaceuticals, Others)
Players	Spirax Sarco, Emerson Electric Co., Flowserve Corporation, Velan Inc., Pentair plc, TLV Corporation, Armstrong International, Forbes Marshall, Watts Water Technologies, Thermax Limited, Yoshitake Inc., Cameron International Corporation, Circor International, Barnes Group Inc., Spirax Sarco Engineering plc

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»What is the market size and growth rate of the global and regional market by various segments?
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»Which company accounted for the highest market share?

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Study period:

2020-2035

Base year:

2026

Historical data

2020-2024

NO OF PAGE:

167

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Market Segmentation

Metrics	Details
Years	2020-2035
Base Year	2025
Market Size	Revenue (USD Million)
Regions	US, Canada, Mexico
Segments	By Type (Mechanical, Thermodynamic, Thermostatic, Inverted Bucket, Float & Thermostatic, Bimetallic) and By Application (Oil & Gas, Power Generation, Chemical, Food & Beverage, Pharmaceuticals, Others)
Players	Spirax Sarco, Emerson Electric Co., Flowserve Corporation, Velan Inc., Pentair plc, TLV Corporation, Armstrong International, Forbes Marshall, Watts Water Technologies, Thermax Limited, Yoshitake Inc., Cameron International Corporation, Circor International, Barnes Group Inc., Spirax Sarco Engineering plc