MRO - Industry-Specific Maintenance Services · Indirect
Monitoring · monthly
Procurement Category Intelligence

Steam Trap Survey and Repair

Overview
Market size
$1.5B
global, USD
CAGR
4.8%
base to forecast
Buyer power
-2.0
supplier-favoured
Suppliers
6
tracked players
Signals
11
monitored

Market outlook

2031$1.9B

What changed

Demand by region

North America demand35%
Europe demand25%
Asia Pacific demand30%
Rest of world demand10%
share of global demandtotal 100%

Cost drivers

Skilled Labor and Technical Experts40%
Replacement Hardware and Core Components30%
Logistics and Onsite Travel15%
Ultrasonic and Thermal Testing Equipment15%
share of delivered cost (analyst estimate)

Supplier watchlist

6 tracked