The global Intelligent Pumps market was valued at US$ 423.6 million in 2020 and it is expected to reach US$ 545.1 million by the end of 2027, growing at a CAGR of 3.6% during 2021-2027.
Intelligent pumps provide operational efficiency by automating regulation and control of the flow or pressure of water or other fluids. They also offer real-time operating data on the pumping equipment. As a result, they eliminate the need for maintenance staff to repair and monitor the equipment. Such advantages have steadily driven the sales of intelligent pumps despite the high cost of installing them.
Currently, the global intelligent pump market is fragmented in nature due to the presence of a large number of regional and international players of various sizes. The players are seen banking upon strategic collaborations and also building proper distribution channels to drive sales and bolster their positions.
Global Intelligent Pumps Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Intelligent Pumps Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Grundfos Holding, Goulds Pumps, QuantumFlo, Kirloskar Brothers, Alfa Laval and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Find more details at: https://www.themarketreports.com/report/global-intelligent-pumps-market-research-report
Segment by Type
- Pump Motor
- Variable Speed Drive
- Control System
Segment by Application
- Water Utility (Municipal)
Table of Content:
1 Intelligent Pumps Market Overview
2 Intelligent Pumps Market Competition by Manufacturers
3 Intelligent Pumps Retrospective Market Scenario by Region
4 Global Intelligent Pumps Historic Market Analysis by Type
5 Global Intelligent Pumps Historic Market Analysis by Application
6 Key Companies Profiled
7 Intelligent Pumps Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Intelligent Pumps Market Dynamics
10 Global Intelligent Pumps Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta