Global Intelligent Pumps Market Highlights:
Global intelligent pumps market to witness substantial growth during the forecast period owing to rising investments in building automation and growing focus on water & wastewater treatment sector. Intelligent pump helps to control the flow and pressure of water or other fluids. It is widely used across various end-user applications for energy management, remote systems control, and condition monitoring.
The major advantages of intelligent pump include energy savings, reduced downtime, and maintenance cost reduction. The global intelligent pumps market is expected to expand at 7.55% CAGR during the period 2018 to 2023.
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Growing focus on smart cities and strict energy efficiency standards in developed countries is also resulting in increasing demand for intelligent pumps. Intelligent pumps would help in improving process control and help in reduce energy consumption in the industries such as oil & gas, chemical, water & wastewater, and power generation, among others.
Intelligent pump helps to control the flow and pressure of water or other fluids. It is widely used across various end-user applications for energy management, remote systems control, and condition monitoring. The major advantages of intelligent pump include energy savings, reduced downtime, and maintenance cost reduction. According to EPA, more than 50% of the water systems in the US do not have proper remote monitoring for the pumping system.
Prominent Industry Players:
- Xylem (US),
- Emerson (US),
- ABB (Switzerland),
- Grundfos Holding (Denmark),
- Sulzer (Switzerland),
- Quantumflo (US),
- Kirloskar (India),
- Yaskawa (Japan),
- Wilo SE (Germany),
- Flowserve Corporation (US),
- KSB Aktiengesellschaft (Germany), and
- ITT Corporation (US).
Intelligent Pumps Industry Segmental Overview:
The global Intelligent Pumps Market has been segmented on the basis of type, component, end-user and region.
Global Intelligent Pumps Market, By Type
- Positive displacement
Global Intelligent Pumps Market, By Component
- Control system
- Variable drives
Global Intelligent Pumps Market, By End-User
- Building Automation
- Water & Wastewater
- Oil & Gas
- Power Generation
Global Intelligent Pumps Market, By Regions
- North America
- Middle East & Africa
- South America
Scope of the Report
This report provides an in-depth analysis of the global intelligent pumps market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the intelligent pumps market by its type, component, end-user, and by region.
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Table Of Contents
1. Executive Summary
2. Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
3.3 Research Process
3.1.1 Primary Research
3.1.2 Secondary Research
3.4 Market Size Estimation
3.4.1 Forecast Model
3.5 Market Landscape
3.5.1 Porter’s Five Forces Analysis
3.5.2 Threat Of New Entrants
3.5.3 Bargaining Power Of Buyers
List of Tables
Table 1 Middle East & Africa Intelligent Pumps Market By Type, By Country, 2018–2023
Table 2 South America Intelligent Pumps Market By Type: By Regions, 2018–2023
Table 3 Global Intelligent Pumps Market, By Component, By Regions, 2018–2023
Table 4 North America: Intelligent Pumps Market By Component: By Country, 2018–2023
Table 5 Europe Intelligent Pumps Market By Component: By Country, 2018–2023
Table 6 Asia-Pacific Intelligent Pumps Market By Component: By Country, 2018–2023
Table 7 Middle East & Africa Intelligent Pumps Market By Component: By Country, 2018–2023
List Of Figures
Figure 1 Research Process Of MRFR
Figure 2 Top-Down & Bottom-Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
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