Flow Control Industry Overview
The competitive rivalry among flow control equipment providers is moderate, owing to the presence of various dominant brands competing for market share globally. The demand for vacuum pumps has spiked in recent years due to the massive penetration of consumer electronics and smartphones across developing countries. This has led to an increased focus on customer acquisition and formulating distribution channels as key strategies. Some key market players include Pfeiffer Vacuum GmbH, Atlas Copco AB, Gardner Denver, and Busch Holding GmbH.
- February 2024: Busch Holding GmbH's Busch Vacuum Solutions segment expanded its range of O11O Digital Services to include vacuum systems. O11O for systems enables the simultaneous monitoring of multiple vacuum generators in a vacuum system and the supervision of the production process to ensure it runs reliably and with the correct vacuum levels. This effectively minimizes production downtime risk and leads to significant cost savings. Accessible via a PC or a mobile device, the O11O IoT dashboard presents a user-friendly interface for comprehensive system monitoring and to support the company's cross-selling opportunity for flow control components in the market. Such developments demonstrate market vendors' investments in product innovations to remain competitive.
- December 2023: Atlas Copco Group announced plans to acquire KRACHT GmbH (Kracht), a manufacturer of high-quality technologies, including external gear pumps, fluid measurement, valves, hydraulic drives, and dosing systems. This is expected to support the company's future growth in the flow control equipment market.
Flow Control Market Leaders
-
Pfeiffer Vacuum GmbH
-
Atlas Copco AB
-
Gardner Denver (Ingersoll Rand Inc.)
-
Flowserve Corporation
-
Busch Holding GmbH
- *Disclaimer: Major Players sorted in no particular order
