Market Overview:
The global intelligent industrial pump market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for energy-efficient and smart pumps across various industries. Additionally, the growing awareness about the benefits of using intelligent industrial pumps is also contributing to the growth of this market. The centrifugal segment is expected to hold a major share of the global intelligent industrial pump market during the forecast period. This segment is mainly driven by its high efficiency and ability to handle large flows with minimal pressure losses.
Product Definition:
An intelligent industrial pump is a type of pump that has been equipped with sensors and controllers in order to allow it to operate autonomously. Intelligent industrial pumps are used in a variety of industries, including the oil and gas industry, the chemical industry, and the water treatment industry.
Centrifugal:
Centrifugal pump is a mechanical device used to move fluid. It’s basically an impeller which helps in transferring liquids and gases with the help of centrifugal force. The working principle of these pumps is based on the conservation of momentum, i.e., fluid is transferred from one point to another with the help of rotating impeller by using centrifugal force.
Positive Displacement:
Positive displacement pumps are used to move liquids with the help of suction and discharge. The prime characteristic that differentiates these pumps from negative or centrifugal pump is the fact that positive displacement pump discharges its contents at a constant rate in spite of changes in flow rates.
Intelligent industrial pump market has witnessed significant growth over the past few years owing to increasing demand for automation across various end-use industries such as oil & gas, chemical, food & beverage.
Application Insights:
Building automation was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The growth of this application can be attributed to increasing demand for energy-efficient pumps that operate within prescribed speed limits. These pumps are used in building management applications, which include lighting, HVAC (heating, ventilation and cooling), fire protection systems, security systems and surveillance cameras.
The water & wastewater segment accounted for a significant market share in 2017 owing to rapid urbanization coupled with industrialization taking place predominantly in developing countries such as India China Brazil Argentina Mexico Chile Colombia Thailand Indonesia Vietnam Philippines Korea Malaysia etcetera). This factor is anticipated to boost product demand over the forecast period.
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 rapid industrialization and urbanization. Countries such as China, India, Japan, South Korea are among the top 10 manufacturing hubs globally. Increasing population coupled with rising living standards have spurred consumer goods production in these countries which is further fueling product demand across various industries including food & beverage; chemicals; power generation; building & construction materials etc.
The growing need for efficient water management solutions owing to increasing scarcity of freshwater resources has led to an increased adoption of pumps across municipal corporations, irrigation companies and private sectors in countries such as China and India among others are anticipated to propel regional growth over the next eight years.
Growth Factors:
- Increasing demand from the process industries for energy-efficient and reliable pumps
- Rising demand for intelligent industrial pumps in developing countries owing to the growth of their manufacturing sector
- Proliferation of Internet of Things (IoT) and big data analytics, which are aiding the development of smart pump systems
- Growing awareness about the benefits offered by intelligent industrial pumps among end users
- Technological advancements that are resulting in the development of more efficient and smarter pump systems
Scope Of The Report
Report Attributes
Report Details
Report Title
Intelligent Industrial Pump Market Research Report
By Type
Centrifugal, Positive Displacement
By Application
Building Automation, Water & Wastewater, Oil & Gas, Chemicals, Power Generation
By Companies
Apache, Flowserve, Hilcorp, KSB, Liberty Pumps, Rockwell Automation, Powelectrics, Xylem, Seebo
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Intelligent Industrial Pump Market Report Segments:
The global Intelligent Industrial Pump market is segmented on the basis of:
Types
Centrifugal, Positive Displacement
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
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:
- Apache
- Flowserve
- Hilcorp
- KSB
- Liberty Pumps
- Rockwell Automation
- Powelectrics
- Xylem
- Seebo
Highlights of The Intelligent Industrial Pump 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:
- Centrifugal
- Positive Displacement
- By Application:
- Building Automation
- Water & Wastewater
- Oil & Gas
- Chemicals
- Power Generation
- 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 Industrial Pump 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 industrial pump is a type of pump that can be controlled using computer systems. This allows the pump to operate more efficiently and effectively, which can lead to decreased energy costs and increased production.
Some of the key players operating in the intelligent industrial pump market are Apache, Flowserve, Hilcorp, KSB, Liberty Pumps, Rockwell Automation, Powelectrics, Xylem, Seebo.
The intelligent industrial pump market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Intelligent Industrial Pump 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 Industrial Pump Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Intelligent Industrial Pump Market - Supply Chain
4.5. Global Intelligent Industrial Pump Market Forecast
4.5.1. Intelligent Industrial Pump Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Intelligent Industrial Pump Market Size (000 Units) and Y-o-Y Growth
4.5.3. Intelligent Industrial Pump Market Absolute $ Opportunity
5. Global Intelligent Industrial Pump 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 Industrial Pump Market Size and Volume Forecast by Type
5.3.1. Centrifugal
5.3.2. Positive Displacement
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Intelligent Industrial Pump 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 Industrial Pump 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
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Intelligent Industrial Pump 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 Industrial Pump 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 Industrial Pump 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 Industrial Pump 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 Industrial Pump Demand Share Forecast, 2019-2029
9. North America Intelligent Industrial Pump 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 Industrial Pump 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 Industrial Pump 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
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Intelligent Industrial Pump Market Size and Volume Forecast by Type
9.7.1. Centrifugal
9.7.2. Positive Displacement
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 Industrial Pump Demand Share Forecast, 2019-2029
10. Latin America Intelligent Industrial Pump 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 Industrial Pump 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 Industrial Pump 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
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Intelligent Industrial Pump Market Size and Volume Forecast by Type
10.7.1. Centrifugal
10.7.2. Positive Displacement
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 Industrial Pump Demand Share Forecast, 2019-2029
11. Europe Intelligent Industrial Pump 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 Industrial Pump 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 Industrial Pump 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
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Intelligent Industrial Pump Market Size and Volume Forecast by Type
11.7.1. Centrifugal 11.7.2. Positive Displacement
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 Industrial Pump Demand Share, 2019-2029
12. Asia Pacific Intelligent Industrial Pump 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 Industrial Pump 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 Industrial Pump 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
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Intelligent Industrial Pump Market Size and Volume Forecast by Type
12.7.1. Centrifugal
12.7.2. Positive Displacement
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 Industrial Pump Demand Share, 2019-2029
13. Middle East & Africa Intelligent Industrial Pump 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 Industrial Pump 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 Industrial Pump 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
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Intelligent Industrial Pump Market Size and Volume Forecast by Type
13.7.1. Centrifugal
13.7.2. Positive Displacement
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 Industrial Pump Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Intelligent Industrial Pump Market: Market Share Analysis
14.2. Intelligent Industrial Pump Distributors and Customers
14.3. Intelligent Industrial Pump Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Apache
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Flowserve
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hilcorp
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. KSB
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Liberty Pumps
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Rockwell Automation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Powelectrics
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Xylem
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Seebo
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
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
