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Digital Pump Controller Market: By Product Type, Distribution Channel, End-use & Region | Forecast 2023 to 2029 | Report Research By Introspective Market Research
The Digital Pump Controller Market size is projected to reach USD 16.25 Billion by 2028 from an estimated USD 10.67 Billion in 2021, growing at a CAGR of 6.19% globally.
The digital pump controller eliminates the need to manually turn on the pumps. These controllers are implanted with electronic sensors that provide more accurate information than the traditional pneumatic sensors placed in conventional pump controllers. Also, the visible control panel is integrated with the digital pump controller and accurately controls the overall performance of the device, they can also be controlled by mobile phone or remote control. These controllers are designed with advanced technology along with a microprocessor-based system.
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• Regulatory Framework
• Technology Roadmap
• BCG Matrix
• Heat Map Analysis
• Price Trend Analysis
• Investment Analysis
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Market Dynamics:
Driver:
The global digital pump controller market is driven by increasing technological advancements along with sensors and increasing use of connected devices such as smartphones, laptops, and other devices. The growing use of solar water pumps in the agriculture and irrigation sectors, government initiatives to conserve water, and water purification projects are expected to increase the demand for digital pumps worldwide. The increasing installation of water pumps across the world drives the growth of the market. In addition, the flexibility concerning the ease of usage and quick and easy set-up is excepted to boost the growth of the digital pump controller market during the forecast period.
Opportunities:
The increasing support from the government as well as technological advancement for wastewater management creates growth opportunities for the market. Moreover, the growth of the agriculture sector along with water shortage and unpredictable monsoons in some regions will increase the additional opportunities for the growth of the digital pump controller market in the upcoming years. Additionally, the increasing adoption of smart cities and the Internet of Things technology offers significant growth opportunities for manufacturers and suppliers.
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help
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Market Segmentation
Segmentation Analysis of Digital Pump Controller Market:
Based on the Application, the agriculture segment is expected to dominate the market during the forecast period. This is high owing to the surge in the adoption of water pumps by the farmers, especially in the Asia Pacific region.
Based on the Connectivity Type, the mobile/remote pump controller is expected to account for the maximum market share during the forecast period.
By Connectivity Type
• Conventional Pump Controller
• Mobile/Remote Pump Controller
By Application
• Agriculture
• Manufacturing
• Public Sector
• Residential
• Textile & Paper
• Water & Watershed Treatment
Regional Analysis of Digital Pump Controller Market:
The global digital pump controller market is anticipated to be driven by significant growth in the Asia Pacific. The region is estimated to accumulate a significant market share over the projected period, with India, China, and Japan contributing most to the region's revenue. The digital pump controller market in the Asia Pacific is mainly turned by the growing implementation of advanced technologies and solar water pumps.
By Region
• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)
• South America (Brazil, Argentina, Rest of SA)
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Players Covered in Digital Pump Controller Market are:
• Nelso Technologies Pvt Ltd.
• S. S. Automations
• Dwyer Instruments Inc.
• Kirloskar Brothers Limited (India)
• Precision Digital Corporation, Sulzer Ltd
• Coimbatore
• Grundfos Pumps Corporation
• Spring (Europe) Ltd.
• The Galaxy Enterprise
• Xylem
• Remote Control Technology
• Invacare Corporation
• Proton Electronics
• Beat Pump (India) Pvt Ltd.
• Ravideep Electronics
• Niagara Solution
• RoboPump
• C&S Electric Limited
• Shiv Sai Electronics & Electricals
• U Teach Systems and others major key players.
Key Industry Developments in the Digital Pump Controller Market
In July 2021, KBL introduced SP Coupled Pumpset With IE5 Motor Offering Ultra-Premium Efficiencies. The newly introduced SP Coupled Pumpset from KBL provides Ultra-Premium Efficiency with high specific discharge resulting in 16.5% less energy utilization for pumping the same amount of liquid. Equipped with an IE5 motor, the introduction of this advanced SP coupled pump set is another big step towards KBL's commitment to catering to superior customer value.
In August 2019, Sulzer introduced a next-generation pump controller. EC 531 in a combined unit for intelligent control and watching of sewage pumping stations with one or two pumps. EC 531 provides straightforward control and monitoring via floats or advanced control via a continuous level signal. EC 531 is also provided with smart VFD control including PID and BEP, which save energy, and equipment pricing.
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