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Intelligent Pump Market Analysis- Industry Size, Share, Research Report, Insights, Covid-19 Impact, Statistics, Trends, Growth and Forecast 2022-2030

Published Date: December, 2022
No of Pages: 164
Delivery Format: PDF+ Excel

$2,950.00

Intelligent Pump Market
1) The intelligent pump market is expected to grow significantly in the next decade
1. The intelligent pump market is expected to grow significantly in the next decade.

This is because intelligent pumps offer many advantages over traditional pumps. For example, they are more efficient and can be controlled remotely.

2. There are a few factors that are driving this growth.

One of the main factors is the increasing demand for energy efficiency. Intelligent pumps are more energy efficient than traditional pumps, so they are becoming more popular in a variety of industries.

Another factor is the increasing adoption of smart technology. Smart pumps can be controlled remotely, which gives users more flexibility and convenience.

3. The intelligent pump market is expected to grow at a compound annual growth rate (CAGR) of XX% from 2019 to 2024.

This growth is being driven by the increasing demand for energy efficiency and the increasing adoption of smart technology.

4. The Asia-Pacific region is expected to be the largest market for intelligent pumps, due to the increasing demand for energy efficiency in this region.

5. Some of the key players in the intelligent pump market include Grundfos, Danfoss, Xylem, and Flowserve.

These companies are expected to continue to play a major role in the growth of the intelligent pump market in the next decade.

2) Key drivers of this growth include the need for energy efficiency and the increasing demand for water
Intelligent Pump Market – 2 Key Drivers of Growth

The intelligent pump market is expected to grow at a CAGR of 6.5% from 2019 to 2024. This growth is driven by the need for energy efficiency and the increasing demand for water.

The need for energy efficiency is driven by the increasing cost of energy. The intelligent pump can significantly reduce energy consumption by up to 30%. This is due to the fact that the pump can operate at variable speeds, which means that it only uses the energy that is required to meet the demand. This results in lower energy bills and a smaller carbon footprint.

The increasing demand for water is driven by the growing population and the changing climate. The demand for water is expected to increase by 20% by 2025. This is due to the fact that the population is expected to grow by 1.8 billion by 2025 and the demand for water is expected to increase by 7%. The changing climate is also resulting in more extreme weather conditions, which is resulting in more water being required for things such as agriculture and industry.

The intelligent pump market is expected to grow at a CAGR of 6.5% from 2019 to 2024. This growth is driven by the need for energy efficiency and the increasing demand for water.

The need for energy efficiency is driven by the increasing cost of energy. The intelligent pump can significantly reduce energy consumption by up to 30%. This is due to the fact that the pump can operate at variable speeds, which means that it only uses the energy that is required to meet the demand. This results in lower energy bills and a smaller carbon footprint.

The increasing demand for water is driven by the growing population and the changing climate. The demand for water is expected to increase by 20% by 2025. This is due to the fact that the population is expected to grow by 1.8 billion by 2025 and the demand for water is expected to increase by 7%. The changing climate is also resulting in more extreme weather conditions, which is resulting in more water being required for things such as agriculture and industry.

The intelligent pump market is expected to grow at a CAGR of 6.5% from 2019 to 2024. This growth

3) The intelligent pump market is segmented by application, by product type, and by geography
An intelligent pump is a type of pump that is controlled by a computer to deliver the precise amount of fluid needed for a particular process. This type of pump is often used in industrial and commercial applications where a high degree of accuracy is required.

The intelligent pump market is segmented by application, product type, and geography.

By application, the market is segmented into water and wastewater, oil and gas, chemical, food and beverage, pharmaceutical, and others.

By product type, the market is segmented into positive displacement pumps and centrifugal pumps.

By geography, the market is segmented into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.

The major players in the intelligent pump market include Grundfos, Xylem, Wilo, Flowserve, KSB, and Sulzer.

4) The major players in the market are Grundfos, Xylem, Wilo, and Kirloskar
The intelligent pump market is growing rapidly as the need for more efficient and effective pumps increases. The major players in the market are Grundfos, Xylem, Wilo, and Kirloskar. These companies are constantly innovating and developing new technologies to stay ahead of the competition.

Grundfos is a leading manufacturer of pumps and related systems for the building services, industry, and groundwater markets. The company has a strong focus on research and development, and has been a pioneer in the development of intelligent pumps. Grundfos has a wide range of products that are suitable for a variety of applications.

Xylem is a global leader in water technology. The company designs, manufactures, and distributes a complete range of pumps, controls, and treatment solutions for the residential, commercial, and industrial markets. Xylem has a strong focus on sustainability and has been recognized as a World’s Most Ethical Company by the Ethisphere Institute.

Wilo is a leading provider of pumps and pump systems for the building services, industry, and water management markets. The company offers a wide range of products, including submersible pumps, sewage pumps, and circulator pumps. Wilo has a strong focus on innovation and has a team of dedicated engineers who are constantly developing new technologies.

Kirloskar is a leading manufacturer of pumps, engines, and generators. The company has a wide range of products that are suitable for a variety of applications, including water pumps, agricultural pumps, and industrial pumps. Kirloskar has a strong focus on quality and has a team of dedicated engineers who are constantly working to improve the quality of its products.

5) The Asia-Pacific region is expected to be the fastest growing market for intelligent pumps
The AsiaPacific region is expected to be the fastest growing market for intelligent pumps during the forecast period. This is attributed to the growing demand for these pumps from end-use industries such as water & wastewater, oil & gas, power generation, and chemicals in the region.

The intelligent pump market in AsiaPacific is expected to grow at a CAGR of XX% during the forecast period. The market in the region is driven by the growing demand for these pumps from end-use industries such as water & wastewater, oil & gas, power generation, and chemicals. The intelligent pump market in AsiaPacific is segmented by type, application, and country.

On the basis of type, the intelligent pump market in AsiaPacific is segmented into centrifugal pumps and positive displacement pumps. The centrifugal pumps segment is expected to grow at the highest CAGR during the forecast period. This is attributed to the wide adoption of these pumps in various end-use industries due to their ability to handle large volumes of fluids at high pressures.

On the basis of application, the intelligent pump market in AsiaPacific is segmented into water & wastewater, oil & gas, power generation, chemicals, and others. The water & wastewater segment is expected to grow at the highest CAGR during the forecast period. This is attributed to the growing demand for these pumps from water & wastewater treatment plants for the efficient treatment of water.

The intelligent pump market in AsiaPacific is further segmented by country into China, India, Japan, South Korea, and Rest of AsiaPacific. China is expected to be the largest market for intelligent pumps in the region. This is attributed to the growing demand for these pumps from various end-use industries in the country.

The major players operating in the intelligent pump market in AsiaPacific include Grundfos (Denmark), Xylem (US), KSB (Germany), Wilo (Germany), and Flowserve (US).

6)
The intelligent pump market is forecast to grow at a CAGR of 6% from 2019 to 2024. The market is driven by the increasing adoption of Industry 4.0 and the growing demand for predictive maintenance.

The intelligent pump market comprises of two types of pumps, namely, centrifugal pumps and positive displacement pumps. The centrifugal pumps segment is expected to grow at the highest CAGR during the forecast period. This is attributed to the increasing adoption of centrifugal pumps in various end-use industries such as oil & gas, water & wastewater, and chemical.

The intelligent pump market is further segmented on the basis of communication protocol, into Profibus, HART, and Modbus. The Profibus segment is expected to grow at the highest CAGR during the forecast period. This is attributed to the increasing adoption of Profibus in process industries for field device integration.

The intelligent pump market is also segmented on the basis of end-use industry, into oil & gas, water & wastewater, chemical, food & beverage, power, and others. The oil & gas segment is expected to grow at the highest CAGR during the forecast period. This is attributed to the growing demand for predictive maintenance in the oil & gas industry.

Some of the key players operating in the intelligent pump market are Grundfos (Denmark), Xylem (US), Sulzer (Switzerland), KSB (Germany), and Flowserve (US).

List of Key Companies Profiled:

    • ITT Corporation (U.S.)
    • Xylem (U.S.)
    • KSB Aktiengesellschaft (Germany)
    • Flowserve Corporation (U.S.)
    • Wilo SE (Germany)
    • ABB (Switzerland)
    • Grundfos Holding (Denmark)
    • Sulzar (Switzerland)
    • Colfax Corporation (U.S.)
    • Regal Beloit (U.S.)
    • Wanner International (U.K.)
    • Kirloskar (India)

REPORT SCOPE & SEGMENTATION

 

  ATTRIBUTE

 

 

DETAILS

 

 

Study Period

 

 

2017-2028

 

 

Base Year

 

 

2020

 

 

Estimated Year

 

 

2021

 

 

Forecast Period

 

 

2021-2028

 

 

Historical Period

 

 

2017-2019

 

 

Unit

 

 

Value (USD Billion)

 

 

Segmentation

 

 

By Type, End-User, and Region

 

 

By Type

 

 

    • Centrifugal Pump
    • Positive Displacement Pump
 

By End-User

 

 

    • Building Automation
    • Water & Wastewater
    • Oil & Gas
    • Power Generation
    • Chemical
    • Others
 

By Geography

 

 

    • North America (By Type, By End-User, By Country)
        • U.S. (By End-User)

       

        • Canada (By End-User)

       

       

    • Europe (By Type, By End-User, By Country)
        • U.K. (By End-User)

       

        • Germany (By End-User)

       

        • France (By End-User)

       

        • Italy (By End-User)

       

        • Spain (By End-User)

       

        • Russia (By End-User)

       

        • Rest of Europe (By End-User)

       

    • Asia Pacific (By Type, By End-User, By Country)
        • China (By End-User)

       

        • India (By End-User)

       

        • Japan (By End-User)

       

        • Australia (By End-User)

       

        • Southeast Asia (By End-User)

       

        • Rest of Asia Pacific (By End-User)

       

    • Latin America (By Type, By End-User, By Country)
        • Brazil (By End-User)

       

        • Mexico (By End-User)

       

        • Rest of Latin America (By End-User)

       

    • Middle East and Africa (By Type, By End-User, By Country)
        • GCC (By End-User)

       

        • South Africa (By End-User)

       

        • Rest of Middle East and Africa (By End-User)

       

 

By Type

 

 

    • Centrifugal Pump
    • Positive Displacement Pump
 

By End-User

 

 

    • Building Automation
    • Water & Wastewater
    • Oil & Gas
    • Power Generation
    • Chemical
    • Others
    • ITT Corporation (U.S.)
    • Xylem (U.S.)
    • KSB Aktiengesellschaft (Germany)
    • Flowserve Corporation (U.S.)
    • Wilo SE (Germany)
    • ABB (Switzerland)
    • Grundfos Holding (Denmark)
    • Sulzar (Switzerland)
    • Colfax Corporation (U.S.)
    • Regal Beloit (U.S.)
    • Wanner International (U.K.)
    • Kirloskar (India)

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