Press release
Global Intelligent Pump and Control Systems Market Size and Forecast to Grow at a CAGR of 7.68% By 2021
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Intelligent pumps refer to equipment that can regulate and control flow or pressure. These are also defined as a combination of pumps with a variable frequency drive and having a digital control capability. They help in managing energy of an end-users industry, by remotely monitoring the processes and ensuring control of the remote systems of a facility. Intelligent pumps include wireless control and monitoring capabilities that enable end-users to access real-time operational data. This helps in reducing the downtime of processes and improves the end-users predictive maintenance plans.
Technavios analysts forecast the global intelligent pump and control systems market to grow at a CAGR of 7.68% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global intelligent pump and control systems market for 2017-2021. To calculate the market size, the report considers the new installations, sales, retrofit, replacement, and services market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Intelligent Pump and Control Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Emerson
Flowserve
Grundfos
Sulzer
Rockwell Automation
Other prominent vendors
Bosch Rexroth
YASKAWA
ROHM
ABB
Dana Brevini
ifm
Delphi Automotive
Market driver
Cost and energy savings for industries
For a full, detailed list, view our report
Market challenge
Fluctuation in the prices of raw materials
For a full, detailed list, view our report
Market trend
Wireless control and monitoring
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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