Flowserve Corp (FLS)
Competitors to Flowserve Corp (FLS)
Emerson Electric Co. EMR -7.18%
Emerson Electric Co. competes with Flowserve Corp primarily through its extensive automation technologies and process management solutions, which integrate both hardware and software offerings that cater to the same industrial sectors. Emerson's competitive advantage lies in its strong emphasis on innovation and digital transformation, providing solutions that enhance productivity and efficiency for customers. Their established reputation for reliability and customer service further solidifies their market position, making them a formidable competitor to Flowserve.
ITT Inc. ITT -5.69%
ITT Inc. competes directly with Flowserve Corp in the manufacture of pumps and valve products, mainly serving the industrial, energy, and water sectors. ITT distinguishes itself through its strong portfolio of high-performance products and has gained a competitive advantage through strategic acquisitions that have broadened its capabilities and market reach. Their commitment to innovative engineering and customer-specific solutions strengthens their market position relative to Flowserve, particularly in specialized applications.
KSB SE & Co. KGaA
KSB SE & Co. KGaA competes with Flowserve Corp in the market for pumps and valves, with a specific emphasis on energy-efficient solutions and innovative technologies tailored for industrial applications. KSB benefits from its strong brand reputation in Europe and has a competitive advantage due to its focus on high efficiency and reduced environmental impact, positioning itself favorably in a market that increasingly values sustainability. This emphasis aligns with global trends and helps KSB maintain a significant presence against Flowserve's offerings.
Parker Hannifin Corporation PH -7.09%
Parker Hannifin Corporation and Flowserve Corp both operate in fluid handling and control systems, focusing on providing pumps, valves, and related equipment to various industries including oil and gas, chemicals, and water management. Parker Hannifin has a competitive advantage with its diversified product portfolio, advanced motion control technologies, and a strong global footprint, enabling it to serve a broader array of industries more comprehensively than Flowserve. Additionally, Parker's focus on innovative solutions in hydraulic and pneumatic systems offers it a technological edge that is appealing to customers seeking advanced functionality.
Sulzer AG
Sulzer AG and Flowserve Corp both focus on industrial pumps and fluid management systems, targeting similar sectors including oil and gas, water treatment, and power generation. Sulzer holds a competitive edge in engineering capabilities and has a strong focus on sustainability and energy efficiency, which appeals to environmentally conscious clients. Their robust aftermarket service offerings enhance customer retention, enabling Sulzer to establish long-term relationships that can challenge Flowserve's client base.