Smart and Intelligent Pumps Market to See Competition Rise | Xylem, ITT, Yaskawa Electric
According to HTF Market Intelligence, the Global Smart and Intelligent Pumps market to witness a CAGR of 7.3% during forecast period of 2023-2028. The market is segmented by Global Smart and Intelligent Pumps Market Breakdown by Application (Oil and Gas Industry, Water and Wastewater Industry, Power Industry, Chemical Industry) by Type (Centrifugal Pump, Positive Displacement Pump, ) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Smart and Intelligent Pumps market size is estimated to increase by USD 1410.9 Million at a CAGR of 7.3% from 2023 to 2028. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 2680 Million.
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HTF Market Intelligence published a new research document of 150+pages on" Smart and Intelligent Pumps Market Insights, to 2028" with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Smart and Intelligent Pumps market was mainly driven by the increasing R&D spending by leading and emerging player, however latest scenario and economic slowdown have changed complete market dynamics. Some of the key players profiled in the study are Xylem, Inc. (United States), ITT, Inc. (United States), Yaskawa Electric Corporation (Japan), Flowserve Corporation (United States), ABB (Switzerland), Pentair plc (United Kingdom), Sulzer Ltd. (Switzerland), Wilo SE (Germany), CIRCOR International, Inc. (United States), KSB SE & Co. KGaA (Germany), Grundfos Holding A/S (Denmark), SEEPEX GmbH (Germany), Spirax-Sarco Engineering plc (United Kingdom), Kirloskar Group (India)
Definition:
The Smart and Intelligent Pumps market refers to the market for pumps that are equipped with advanced technologies such as sensors, controllers, and communication systems, which enable them to operate more efficiently, accurately, and reliably than traditional pumps. These pumps can sense changes in pressure, temperature, and flow rate and adjust their operations accordingly, thus optimizing energy consumption and reducing maintenance costs. They are also capable of communicating with other devices and systems, providing real-time data and enabling remote monitoring and control. The Smart and Intelligent Pumps market includes a wide range of applications such as water and wastewater management, oil and gas extraction, chemical processing, and power generation, among others.
Market Trends:
Development in Industry 4.0
Market Drivers:
Increase in Initiatives for Smart City Projects
Market Opportunities:
Oil and Gas Industry, Water and Wastewater Industry, Power Industry, Chemical Industry
The titled segments and sub-section of the market are illuminated below:
The Study Explore the Product Types of Smart and Intelligent Pumps Market: Centrifugal Pump, Positive Displacement Pump
Key Applications/end-users of Smart and Intelligent Pumps Market:
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With this report you will learn:
- Who the leading players are in Smart and Intelligent Pumps Market?
- What you should look for in a Smart and Intelligent Pumps
- What trends are driving the Market
- About the changing market behaviour over time with strategic view point to examine competition
Also included in the study are profiles of 15 Smart and Intelligent Pumps vendors, pricing charts, financial outlook, swot analysis, products specification &comparisons matrix with recommended steps for evaluating and determining latest product/service offering.
List of players profiled in this report: Xylem, Inc. (United States), ITT, Inc. (United States), Yaskawa Electric Corporation (Japan), Flowserve Corporation (United States), ABB (Switzerland), Pentair plc (United Kingdom), Sulzer Ltd. (Switzerland), Wilo SE (Germany), CIRCOR International, Inc. (United States), KSB SE & Co. KGaA (Germany), Grundfos Holding A/S (Denmark), SEEPEX GmbH (Germany), Spirax-Sarco Engineering plc (United Kingdom), Kirloskar Group (India)
Who should get most benefit from this report insights?
- Anyone who are directly or indirectly involved in value chain cycle of this industry and needs to be up to speed on the key players and major trends in the market for Smart and Intelligent Pumps
- Marketers and agencies doing their due diligence in selecting a Smart and Intelligent Pumps for large and enterprise level organizations
- Analysts and vendors looking for current intelligence about this dynamic marketplace.
- Competition who would like to benchmark and correlate themselves with market position and standings in current scenario.
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Quick Snapshot and Extracts from TOC of Latest Edition
Overview of Smart and Intelligent Pumps Market
Smart and Intelligent Pumps Size (Sales Volume) Comparison by Type (2023-2028)
Smart and Intelligent Pumps Size (Consumption) and Market Share Comparison by Application (2023-2028)
Smart and Intelligent Pumps Size (Value) Comparison by Region (2023-2028)
Smart and Intelligent Pumps Sales, Revenue and Growth Rate (2023-2028)
Smart and Intelligent Pumps Competitive Situation and Current Scenario Analysis
Strategic proposal for estimating sizing of core business segments
Players/Suppliers High Performance Pigments Manufacturing Base Distribution, Sales Area, Product Type
Analyse competitors, including all important parameters of Smart and Intelligent Pumps
Smart and Intelligent Pumps Manufacturing Cost Analysis
Latest innovative headway and supply chain pattern mapping of leading and merging industry players
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COMTEX_426852761/2808/2023-03-17T07:48:50
