Intelligent Pumps Market Share, Types, Applications, Products, Size, Growth, Insights and Forecasts Report 2025

With a massive pool of small, medium, and large participants, the global intelligent pumps market demonstrates a highly fragmented business landscape. The market comprises of both, international and local players in large numbers, which intensify the competition within it. To sustain this competition, leading players are resorting to strategic alliances with smaller players. Goulds Pumps, Grundfos Holding A/S, QuantumFlo Inc., Alfa Laval, and Kirloskar Brothers Ltd. are some of the key participants in the global intelligent pumps market. These players are investing heavily on the development of advanced intelligent pumps to meet the demands of consumers. They are also focusing on developing distribution channels to improve their reach.

According to a report by Transparency Market Research (TMR), the global intelligent pumps market is expected to report a CAGR of 6.40% during the period from 2017 and 2025. Progressing at this pace, this market is likely to reach US$748.5 mn by 2025 from a value of US$424.4 mn in 2016.

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A study by Transparency Market Research forecasts the global intelligent pumps market to attain a value of US$748.5 mn by 2025 from US$424.4 mn in 2016 by clocking a CAGR of 6.4% from 2017 to 2025.

Cheap Intelligent Pumps Manufactured in China Propels Asia Pacific Market

From a geographical standpoint, Europe is the dominant region in the global intelligent pumps market. In 2016, its dominant share came to about 35.0%. By rising at a CAGR of 5.8% in the forecast period, the region is expected to grow its leading share owing to the strong demand for clean drinking water which in turn require intelligent pumps. The TMR report predicts the region to pull in a revenue to the tune of US$253.5 by 2025-end.

Some of the key participants in the global intelligent pumps market are Grundfos Holding A/S, Goulds Pumps, QuantumFlo, Inc., Kirloskar Brothers Limited, and Alfa Laval.

Europe to Retain Leadership

The research report also offers a qualitative analysis of each of the regional markets for intelligent pumps. North America, Latin America, the Middle East and Africa, Europe, and Asia Pacific have surfaced as the key regional segments of the global intelligent pumps market. Europe, among these, has acquired the leading position. In 2016, it held a share of approximately 35% in the overall market. With the rising demand for clean drinking water, the need for intelligent pumps is increasing considerably in Europe. Researchers predict, this factor is likely to support the Europe intelligent pumps market in maintaining its dominance over the forecast period.

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On the other hand, Asia Pacific is anticipated to report a relatively faster CAGR of 7.30% during the period from 2017 to 2025. China has emerged as the most prominent contributor in the Asia Pacific intelligent pumps market, thanks to its increased export of low-priced pumps to the Middle East and Africa. India is also a key domestic market for intelligent pumps in Asia Pacific. The increasing investments of the Indian government in industrialization and urbanization are propel the intelligent pumps market in this region, states the research report.

The Intelligent Pumps Market has been segmented as follows:

Component

Pump Motor

Variable Speed Drive

High Quality Variable Speed Drive

Low Quality Variable Speed Drive

Control System

Others

Application

Buildings

Commercial Buildings

Heating and Ventilation

District Heating (distribution network)

Pressure Boosting

Industry

Temperature Control

Pressure Boosting

Water Supply

Wastewater

Water Treatment

Others

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Energy-efficient and Cost-saving Features to Propel Intelligent Pumps Market

An intelligent pump is a pump that has the capacity to direct control stream or pressing factor. These pumps offer a few benefits like energy investment funds, lifetime enhancements and framework cost decreases. Intelligent pumps include remote control and checking abilities that guide end-clients to get to continuous operational information. Expanding improvement of keen urban communities and severe energy-effectiveness principles is required to drive the water and wastewater portion.

This factor is relied upon to set out another freedom for the intelligent pump market during the gauge time frame. In the water and wastewater treatment area, these pumps are utilized for allotment drinking water, switch assimilation cycle, and machine apparatus grease. Exacting administrative standards concerning energy effectiveness additionally start the appropriation of intelligent pumps in the wastewater and water fragment.

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