Intelligent Pump Market Size and Growth Analysis Report
Intelligent Pump Market is projected to reach USD 880.98 Million by 2023, growing at a CAGR of over 7% during 2018-2023 owing to strict energy-efficiency standards, growing technological advancements, development of smart cities, growing demand for building automation and increasing power generation capacity globally. Based on component, the intelligent pump market has been segmented into pumps, variable drives and control systems. In 2017, control systems segment accounted for the largest market share due to their energy-efficient application in various industries. The APAC region market is projected to grow at the highest CAGR from 2018 to 2023 due to increasing construction sector and development of smart cities in India. Leading players in the intelligent pump market include Xylem Inc., Flowserve Corporation, Sulzer Ltd etc.
Years considered for this report:
Historical Years: 2013-2016
Base Year: 2017
Estimated Year: 2018
Forecast Period: 2018–2023
Objective of the Study:
- To analyse and forecast the market size of Intelligent Pump Market, in terms of value.
- To classify and forecast Global Intelligent Pump Market based on pump type, component, end-user and regional distribution.
- To identify drivers and challenges for Global Intelligent Pump Market.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Intelligent Pump Market.
- To conduct the pricing analysis for Intelligent Pump Market.
- To identify and analyse the profile of leading players involved in the manufacturing of Global Intelligent Pump Market.
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Some of the leading players in the Global Intelligent Pump Market are Xylem Inc., Grundfos Holding A/S, ITT Corporation, Flowserve Corporation, KSB Aktiengesellschaft, Seepex GmbH, Wilo Se, Yaskawa Electric Corporation, Grunwl, Kirloskar Brothers Ltd., Colfax Corporation etc.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the suppliers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
TechSci Research calculated the market size of Global Intelligent Pump Market using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
Key Target Audience:
- Manufacturers of Intelligent Pump
- Raw Materials Suppliers and Manufacturers
- Process and Manufacturing Plants
- Water Distribution Utilities
- Water Industry Forum
- End consumers
- Traders, Distributors, and Suppliers
- Industry associations and experts
- Research organizations and consulting companies.
- Research Institutes
- Industry associations
- Market research and consulting firm.
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
Report Scope:
In this report, Global Intelligent Pump Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Pump Type:
- Centrifugal Pumps
- Positive Displacement Pumps
- Market, By Component:
- Control System
- Variable Drives
- Pumps
- Market, By End-User:
- Building Automation
- Oil & Gas
- Water & Wastewater
- Chemicals
- Power Generation
- Others
- Market, by Region:
- Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
- Singapore
- Malaysia
- Europe & CIS
- France
- Germany
- United Kingdom
- Italy
- Spain
- North America
- United States
- Mexico
- Canada
- South America
- Brazil
- Argentina
- Colombia
- Middle East and Africa
- South Africa
- Saudi Arabia
- UAE
- Qatar
- Asia Pacific
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Intelligent Pump Market.
Available Customizations:
With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:
Company Information
- Detailed analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit margin analysis in case of direct and indirect sales channel.
In case you don’t find what you are looking for, please get in touch with our custom research team at sales@techsciresearch.com
It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at sales@techsciresearch.com
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