How “Intelligent Pumping” Strategies Address Disruptive Trends in Water Wastewater Industry Strict energy-efficiency standards in de...

Published on by

How “Intelligent Pumping” Strategies Address Disruptive Trends in Water Wastewater Industry Strict energy-efficiency standards in developed nation, growth in Industrial Internet of Things (IIoT) and economic benefits of intelligent systems, focus on smart water & wastewater systems, increasing power generation capacities across the globe, and significant investments in non-oil & gas sectors in the Middle East and North Africa (MENA) are the major factors driving the intelligent pump In the coming years, the market is expected to witness the highest growth rate in the Asia-Pacific region. The growth of the manufacturing sector, especially in Southeast Asian countries, coupled with an increase in power generation capacity and development of smart cities in India, is expected to drive the intelligent pump market in the region. The research study of intelligent pump further segmented into Pump Type, Component and End-User Pump Type is classified into positive displacement and centrifugal. The centrifugal segment is projected to dominate the intelligent pump market. This is because centrifugal pumps require much use of control systems in high-viscosity and variable pressure conditions. End-User into building automation, water & wastewater, oil & gas, chemicals, power generation, and others. The water & wastewater segment is expected to grow at the fastest rate during the forecast period. Development of smart cities and strict energy-efficiency standards will likely to drive the overall water & wastewater segment, which is expected to create new revenue pockets for the intelligent pump market during the forecast period.Robust Growth in HVAC Systems, Developments in Digital Oilfields and Upcoming Smart Cities are expected to create new opportunities Key players: Xylem, Inc. (U.S.) , ITT Corporation (U.S.) , Grundfos Holding A/S (Denmark) , Sulzer Ltd. (Switzerland) , and Flowserve Corporation (U.S.) For more details refer, Download PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=231268027

Taxonomy