Market Overview:
The global intelligent centrifugal pumps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and reliable pumping solutions across various industries. Additionally, the growing awareness about pump efficiency and its impact on overall plant performance is also contributing to the growth of this market. The global intelligent centrifugal pumps market can be segmented on the basis of type, application, and region. On the basis of type, the market can be divided into steel pumps, stainless steel pumps, fiberglass pumps, alloy pumps, and others (including plastic and rubber).
Product Definition:
Intelligent centrifugal pumps are electric pumps that use a variable frequency drive to control the speed of the pump motor. This allows the pump to match the flow requirements of the system, which improves efficiency and reduces energy costs. Intelligent centrifugal pumps are important because they can save energy and improve system performance.
Steel:
Steel is a metal and has different forms such as cast iron, carbon steel, stainless steel and others. It is used in the manufacturing of centrifugal pumps due to its properties such as high strength, corrosion resistance & hardness along with low density which makes it suitable for pump manufacturing.
The global market for centrifugal pumps is expected to witness significant growth over the forecast period on account of increasing demand from various end-use industries including oil & gas, chemical processing.
Stainless:
Stainless steel is a type of metal that consists of greater carbon content and different alloying elements. It has excellent corrosion resistance, high strength, and is ductile in nature. The majority of the stainless steel products are ferritic Martensitic types which have higher carbon content compared to austenitic types.
Application Insights:
Building automation was the largest application segment in 2017 and is expected to grow at a CAGR of XX% from 2018 to 2030. Centrifugal pumps are widely used in building automation applications as they offer high flow rates with low head loss, making them suitable for water-based solutions such as spraying or misting. These pumps can also be used for fire protection sprays, dry powder fire extinguishers, and other liquid discharges where high flow rates are required while maintaining safe operating distances from the user¢â‚¬â„¢s body.
The oil & gas industry is anticipated to emerge as one of the fastest-growing segments over the forecast period owing to increasing production levels across various regions coupled with rising demand for centrifugal pumps in onshore and offshore applications including well drilling, deepwater drilling units/platforms supply & circulation systems, natural gas compression stations service lift stations along with chemical processing plants municipal solid waste treatment facilities etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing industrialization, coupled with rising population and consumerism. These factors are anticipated to drive the demand for centrifugal pumps across various applications in Asia Pacific.
The growing construction industry due to rapid urbanization, along with increased spending power among consumers, is likely to boost product demand across emerging economies such as China and India over the next eight years. Furthermore, favorable government initiatives pertaining to energy conservation are projected to play a crucial role in driving intelligent centrifugal pumps’ sales volume over this period.
Growth Factors:
- Increasing demand from the water and wastewater treatment industry: The global market for intelligent centrifugal pumps is expected to grow at a CAGR of more than 5% during the forecast period. This can be attributed to the increasing demand from the water and wastewater treatment industry, as these pumps are used for various applications such as pumping raw sewage, effluent discharge, sludge handling, and others.
- Rising awareness about energy-efficient solutions: There is an increasing awareness among consumers about energy-efficient solutions across different industries. Intelligent centrifugal pumps offer significant energy savings over traditional centrifugal pumps due to their ability to automatically adjust operating speeds according to varying flow demands. This is expected to boost the growth of this market in the coming years.
- Growing investments in infrastructure development: The global spending on infrastructure development is projected to reach trillion by 2025, according to a study by PwC (PricewaterhouseCoopers). This will create opportunities for players in the intelligent centrifugal pump market as these pumps are extensively used in various infrastructure projects such as transportation, power generation, and others.
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Centrifugal Pumps Market Research Report
By Type
Steel, Stainless, Fiberglass, Alloy
By Application
Building Automation, Water & Wastewater, Oil & Gas, Chemicals, Power Generation, Other
By Companies
Grundfos Holding A/S, Xylem, Inc., Sulzer Ltd., Flowserve Corporation, ITT Corporation, Colfax Corporation, Kirloskar Brothers Ltd., Regal Beloit Corporation, KSB Aktiengesellschaft, Seepex GmbH, Wilo SE, Yaskawa Electric Corporation, Grunwl
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Centrifugal Pumps Market Report Segments:
The global Intelligent Centrifugal Pumps market is segmented on the basis of:
Types
Steel, Stainless, Fiberglass, Alloy
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building Automation, Water & Wastewater, Oil & Gas, Chemicals, Power Generation, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Grundfos Holding A/S
- Xylem, Inc.
- Sulzer Ltd.
- Flowserve Corporation
- ITT Corporation
- Colfax Corporation
- Kirloskar Brothers Ltd.
- Regal Beloit Corporation
- KSB Aktiengesellschaft
- Seepex GmbH
- Wilo SE
- Yaskawa Electric Corporation
- Grunwl
Highlights of The Intelligent Centrifugal Pumps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel
- Stainless
- Fiberglass
- Alloy
- By Application:
- Building Automation
- Water & Wastewater
- Oil & Gas
- Chemicals
- Power Generation
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Intelligent Centrifugal Pumps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An intelligent centrifugal pump is a type of pump that uses sensors and controllers to optimize performance. This technology allows the pump to operate more efficiently, which can lead to reduced energy costs and improved efficiency.
Some of the major players in the intelligent centrifugal pumps market are Grundfos Holding A/S, Xylem, Inc., Sulzer Ltd., Flowserve Corporation, ITT Corporation, Colfax Corporation, Kirloskar Brothers Ltd., Regal Beloit Corporation, KSB Aktiengesellschaft, Seepex GmbH, Wilo SE, Yaskawa Electric Corporation, Grunwl.
The intelligent centrifugal pumps market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Centrifugal Pumps Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Intelligent Centrifugal Pumps Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Centrifugal Pumps Market - Supply Chain
4.5. Global Intelligent Centrifugal Pumps Market Forecast
4.5.1. Intelligent Centrifugal Pumps Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Centrifugal Pumps Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Centrifugal Pumps Market Absolute $ Opportunity
5. Global Intelligent Centrifugal Pumps Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Intelligent Centrifugal Pumps Market Size and Volume Forecast by Type
5.3.1. Steel
5.3.2. Stainless
5.3.3. Fiberglass
5.3.4. Alloy
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Centrifugal Pumps Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Intelligent Centrifugal Pumps Market Size and Volume Forecast by Application
6.3.1. Building Automation
6.3.2. Water & Wastewater
6.3.3. Oil & Gas
6.3.4. Chemicals
6.3.5. Power Generation
6.3.6. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Centrifugal Pumps Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Intelligent Centrifugal Pumps Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Intelligent Centrifugal Pumps Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Intelligent Centrifugal Pumps Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Intelligent Centrifugal Pumps Demand Share Forecast, 2019-2029
9. North America Intelligent Centrifugal Pumps Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Intelligent Centrifugal Pumps Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Intelligent Centrifugal Pumps Market Size and Volume Forecast by Application
9.4.1. Building Automation
9.4.2. Water & Wastewater
9.4.3. Oil & Gas
9.4.4. Chemicals
9.4.5. Power Generation
9.4.6. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Centrifugal Pumps Market Size and Volume Forecast by Type
9.7.1. Steel
9.7.2. Stainless
9.7.3. Fiberglass
9.7.4. Alloy
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Intelligent Centrifugal Pumps Demand Share Forecast, 2019-2029
10. Latin America Intelligent Centrifugal Pumps Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Intelligent Centrifugal Pumps Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Intelligent Centrifugal Pumps Market Size and Volume Forecast by Application
10.4.1. Building Automation
10.4.2. Water & Wastewater
10.4.3. Oil & Gas
10.4.4. Chemicals
10.4.5. Power Generation
10.4.6. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Centrifugal Pumps Market Size and Volume Forecast by Type
10.7.1. Steel
10.7.2. Stainless
10.7.3. Fiberglass
10.7.4. Alloy
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Intelligent Centrifugal Pumps Demand Share Forecast, 2019-2029
11. Europe Intelligent Centrifugal Pumps Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Intelligent Centrifugal Pumps Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Intelligent Centrifugal Pumps Market Size and Volume Forecast by Application
11.4.1. Building Automation
11.4.2. Water & Wastewater
11.4.3. Oil & Gas
11.4.4. Chemicals
11.4.5. Power Generation
11.4.6. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Centrifugal Pumps Market Size and Volume Forecast by Type
11.7.1. Steel
11.7.2. Stainles
11.7.3. Fiberglass
11.7.4. Alloy
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Intelligent Centrifugal Pumps Demand Share, 2019-2029
12. Asia Pacific Intelligent Centrifugal Pumps Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Intelligent Centrifugal Pumps Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Intelligent Centrifugal Pumps Market Size and Volume Forecast by Application
12.4.1. Building Automation
12.4.2. Water & Wastewater
12.4.3. Oil & Gas
12.4.4. Chemicals
12.4.5. Power Generation
12.4.6. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Centrifugal Pumps Market Size and Volume Forecast by Type
12.7.1. Steel
12.7.2. Stainless
12.7.3. Fiberglass
12.7.4. Alloy
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Intelligent Centrifugal Pumps Demand Share, 2019-2029
13. Middle East & Africa Intelligent Centrifugal Pumps Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Intelligent Centrifugal Pumps Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Intelligent Centrifugal Pumps Market Size and Volume Forecast by Application
13.4.1. Building Automation
13.4.2. Water & Wastewater
13.4.3. Oil & Gas
13.4.4. Chemicals
13.4.5. Power Generation
13.4.6. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Centrifugal Pumps Market Size and Volume Forecast by Type
13.7.1. Steel
13.7.2. Stainless
13.7.3. Fiberglass
13.7.4. Alloy
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Intelligent Centrifugal Pumps Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Intelligent Centrifugal Pumps Market: Market Share Analysis
14.2. Intelligent Centrifugal Pumps Distributors and Customers
14.3. Intelligent Centrifugal Pumps Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Grundfos Holding A/S
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Xylem, Inc.
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Sulzer Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Flowserve Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ITT Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Colfax Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kirloskar Brothers Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Regal Beloit Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. KSB Aktiengesellschaft
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Seepex GmbH
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Wilo SE
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yaskawa Electric Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Grunwl
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
