Global Flow Diverters Market Size & Outlook, 2023-2030
Global flow diverters market, 2018-2030 (US$M)
Related Markets
Global flow diverters market highlights
- The global flow diverters market generated a revenue of USD 303.0 million in 2023 and is expected to reach USD 722.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 13.2% by 2030.
- In terms of segment, >5mm accounted for a revenue of USD 197.1 million in 2023.
- 3-4mm is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 303.0 million |
| Market revenue in 2030 | USD 722.6 million |
| Growth rate | 13.2% (CAGR from 2023 to 2030) |
| Largest segment | >5mm |
| Fastest growing segment | 3-4mm |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | 2-3mm, 3-4mm, 4-5mm, >5mm |
Other key industry trends
- In terms of revenue, the North America accounted for 36.0% of the global flow diverters market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, UAE is the fastest growing regional market and is projected to reach USD 7.9 million by 2030.
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Flow Diverters Market Scope
Flow Diverters Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global flow diverters market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flow diverters market will help companies and investors design strategic landscapes.
>5mm was the largest segment with a revenue share of 65.05% in 2023. Horizon Databook has segmented the Global flow diverters market based on 2-3mm, 3-4mm, 4-5mm, >5mm covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Flow Diverters Product Outlook (Revenue, USD Million, 2018-2030)
- 2-3mm
- 3-4mm
- 4-5mm
- >5mm
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Our clientele includes a mix of flow diverters market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global flow diverters market , including forecasts for subscribers. This global databook contains high-level insights into Global flow diverters market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global flow diverters market size, by regions, 2018-2030 (US$M)
Top 10 countries: Flow diverters market size, 2023 (US$M)
Global flow diverters market share, by product, 2023 & 2030 (%, US$M)
Flow diverters market: Opportunity assessment by country
Global flow diverters market, by region, 2023 (US$M)
| Product | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 72.1 | 80.8 | 78.8 | 86.3 | 97.0 | 109.0 | 122.7 | 138.1 | 155.6 | 175.5 | 198.5 | 225.0 | 255.9 | 13.0% |
| Europe | 57.6 | 65.0 | 63.7 | 70.2 | 79.4 | 89.7 | 101.6 | 115.1 | 130.4 | 147.9 | 168.3 | 191.9 | 219.6 | 13.6% |
| Asia Pacific | 39.0 | 44.3 | 43.8 | 48.6 | 55.4 | 63.1 | 71.9 | 82.1 | 93.7 | 107.0 | 122.6 | 140.7 | 162.1 | 14.4% |
| Latin America | 17.8 | 19.7 | 19.0 | 20.5 | 22.8 | 25.3 | 28.1 | 31.2 | 34.6 | 38.5 | 42.9 | 47.9 | 53.7 | 11.4% |
| MEA | 11.7 | 12.8 | 12.2 | 13.1 | 14.4 | 15.9 | 17.5 | 19.2 | 21.1 | 23.2 | 25.6 | 28.3 | 31.3 | 10.2% |
| Overall | 198.0 | 222.6 | 217.4 | 238.8 | 268.9 | 303.0 | 341.7 | 385.6 | 435.4 | 492.1 | 558.0 | 633.9 | 722.6 | 13.2% |
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