Global 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 Years2013-2016
Base Year2017
Estimated Year2018
Forecast Period2018–2023
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.
Market Insights Research performed both primary as well as exhaustive secondary research for this study. Initially, Market Insights Research sourced a list of manufacturers across the globe. Subsequently, Market Insights Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market Insights Research could include the suppliers which could not be identified due to the limitations of secondary research. Market Insights Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the globe.
Market Insights Research calculated the market size of Global
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.
