Intelligent Pumps Market 2020 Key Players, Supply, Consumption, Demand, Growth, Application, Analysis and Forecast to 2027

 Market Analysis

The Global Intelligent Pumps Market is likely to grow at a 7.55% CAGR in the forecast period 2020- 2027, according to the latest Market Research Future (MRFR) analysis. Intelligent pump, simply put, is a form of pump which can control the pressure or flow of fluids and help in energy savings and overall cost reduction. Generally it is used in boiler control system and boiler, desalination, industrial water supply, water treatment plants, and others. It is basically the combination of a pump with digital monitoring capabilities and digital controls and a VFD. 

 

Various factors are fuelling the global intelligent pumps market share. As per the recent MRFR market estimates, such factors include the growing focus on water and wastewater treatment sector, the key benefits of intelligent pumps such as system cost reductions and energy savings, increasing adoption of IoT products, digitization of oil and gas industry, rising pressure to control the operational expenses, rise in production efficiency, different end users investing in IoT technologies such as oil and gas industry, chemical plants, water treatment plants, growing focus on smart cities, growing investments in building automation, and strict energy efficiency standards in developed countries. The additional factors adding market growth include the growth in industrial internet of things, improving pump station efficiency and remote monitoring, demand for minimization of manual operations and automated regulations to control and regulate the flow of fluid, increased hydraulic fracturing, and increasing power generation. 

 

On the contrary, the impact of the COVID-19 pandemic and the high initial cost may limit the global intelligent pumps market growth over the forecast period. 

 

Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/6976

 

Leading Segments

Global intelligent pumps market has been studied under various segments such as type, component, and end-user. 

In terms of type segment, the market includes a centrifugal pump and a positive displacement pump. Among these, the centrifugal pump segment is leading the market and has the well-built market share, mainly owing to minor cost compared to positive displacement pumps and high reliability. 

The global intelligent pump market by end-user segment has included water & wastewater, building automation, power generation, oil & gas, and chemical, among others. Among these, building automation segment might register the highest growth rate during the forecast period.  

Regional Analysis 

By region, the global intelligent pumps market covers the recent trends and growth opportunity across North America, Europe, the Asia Pacific (APAC), and Rest of the World (RoW). Among these, Europe will dominate the intelligent pumps market over the forecast period. Growing need for intelligent pump systems, growing adoption of such smart pumps in various end user segments like food and beverages, building automation, and water and wastewater treatment, and increase in the manufacturing and development activities in emerging countries like Italy, France, and Germany are adding to the global intelligent pumps market growth in the region. 

In the APAC region, the global intelligent pumps market is predicted to have healthy growth over the forecast period. Booming construction industry, development of smart cities, and increasing capacities of power generation are adding to the global intelligent pumps market growth in the region. 

In North America, the global intelligent pumps market is predicted to have promising growth over the forecast period. Increasing focus on wastewater and water treatment sector, increasing growth of the automation sector, and the demand for smart intelligent pumps over old conventional pumps for processing medical products in plant are adding to the global intelligent pumps market growth in the region. 

In RoW, the global intelligent pumps market is predicted to have stable growth over the forecast period. 

Full Browser Page @ https://www.marketresearchfuture.com/reports/intelligent-pumps-market-6976

Key Players 

The prominent players profiled in the global intelligent pumps market report include ITT Corporation (US), KSB Aktiengesellschaft (Germany), Flowserve Corporation (US), Wilo SE (Germany), Yaskawa (Japan), Kirloskar (India), Quantumflo (US), Sulzer (Switzerland), Grundfos Holding (Denmark), ABB (Switzerland), Emerson (US), and Xylem (US), among others. 

 

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact

Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune 411028
Maharashtra, India
+1 646 845 9312
Email:sales@marketresearchfuture.com

Comments

Post a Comment

Popular posts from this blog

Shrink Sleeve Labels Market: key Vendors, Trends, Analysis, Segmentation, Forecast to 2020-2027

  Market Analysis  The  shrink sleeve labels market , according to the new MRFR analysis, will develop at a 6.5% CAGR between 2017- 2023. Shrink sleeves are plastic/polyester labels that are wrapped on the entire perimeter of the object/product.  Numerous factors are adding to the share and revenue of the market. As per the MRFR report, these factors comprise developing manufacturing and retail sector, burgeoning need for shrink label and stretch sleeve labels, surging need for pharmaceutical products, increased investments in the packaging sectors by companies to improve technology, on-shelf appeal, brand competitiveness, and cost-efficiency.  Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/1785 On the contrary, growing awareness regarding packaging items that are eco-friendly, bio-degradable, and have low density, availability of cost-effective alternatives such as pressure-sensitive labels & self-adhesive, and the impact of the...
Read more

Ambient Food Packaging Market 2020 Global Opportunities, Sales Revenue, Emerging Technologies, Competitive Landscape, Key Players Analysis and Trends by Forecast 2027

  Market Highlights Ambient Food Packaging refers to packaging a food product in pasteurized and sterilized packs to increase its shelf life. Ambient food packing has become a trend in the food packaging industry and ambient food products are preferred by majority of the customers over others. Increasing demand for having more empty space in chill cabinets calls for the adoption of the food packaging methods that can offer a better shelf life to the product even without a refrigerator. Demand for sustainable packaging materials has become a new trend in the ambient food packaging industry. The ambient food packaging manufacturers are continuously involved in new packaging processes that extend product shelf life and prevent contamination. Food packaging can be done in cans, cups, sachets, tubes and bottles according to customer convenience and product requirement. Ambient food packaging manufacturers have also started offering services such as injection moulding, thermoforming...
Read more

Oil Well Cement Market 2020 Global Size, Historical Analysis, Recent Trends, Opportunity Assessment, Future Scope and Potential of Industry by 2027

  Overview The Oil Well Cement Market is anticipated to grow rapidly at a CAGR of 6.02% during the forecast period. The global oil well cement market is driven by growing E&P of unconventional reserves. These factors have helped shape the oil well cement market and are expected to boost the growth. Companies in the oil well cement market could also face challenges such as high cost and lack of investment. The details covered in the oil well cement market report cover all the aspects of the industry. Analysts studying the oil well cement market have also shared growth projections in the report and have suggested oil well cement market players to plan business strategies accordingly. Request a Free Sample @ https://www.marketresearchfuture.com/sample_request/8678 Regional Overview Companies in the oil well cement market are spread across the world. The oil well cement market report provides major information about regional markets of North America, Europe, Asia-Pacific (...
Read more