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Global Water Desalination Pumps Market 2019-2023 | Need for Energy-Efficient Pumps to Promote Growth | Technavio

January 3, 2019

LONDON--(BUSINESS WIRE)--Jan 3, 2019--The global water desalination pumps market is expected to post a CAGR of over 6% during the period 2019-2023, according to the latest market research report by .

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Technavio has published a new market research report on the global water desalination pumps market from 2019-2023. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing need for energy-efficient pumps. Desalination is an essential part of the water and wastewater industry. As per the IEA published World Energy Outlook 2016, the electricity consumption in the water and wastewater industry was approximately 4%, and thermal energy equivalent to 50 million tons of oil was used in desalination plants.

As per Technavio, the growing adoption of IoT to leverage the energy efficiency potential will have a positive impact on the market and contribute to its growth significantly over the forecast period. This research report also analyzes other important trends and market drivers that will affect market growth over 2019-2023.

This report is available at a USD 1,000 discount for a limited time only:

Global water desalination pumps market: Growing adoption of IoT to leverage the energy efficiency potential

The Internet of Things (IoT) is becoming the future technology for utility companies and electricity aggregators to distribute power between grids and consumers. Currently, IoT has found its way into grid automation to revolutionize modernized communication. In industrial premises, the advantages of IoT have been increasing the adoption rate of smart devices. In order to control plant operation over the Internet, desalination operators are extensively implementing automation. Electricity aggregators are also preparing to deploy two-way communication devices in demand response programs. These devices can use Wi-Fi or cellular networks to combine with smart data analytics and engineering. Furthermore, they can provide valuable insights to industrial operators regarding the overall electricity consumption pattern.

“The implementation of IoT helps industrial operators to monitor and manage production equipment and optimize the energy consumption on a real-time basis. They also aid in demand response, thereby reducing the energy consumption and saving on energy costs. Though there are energy service companies that provide energy efficiency services, factors such the long payback period and high capital cost make it difficult for the industrial operators,” says a senior analyst at Technavio for research on water and waste management.

Global water desalination pumps market: Segmentation analysis

This market research report segments the global water desalination pumps market by application (RO, MED, and MSF), product (centrifugal and PD), and geographical regions (APAC, EMEA, and the Americas).

The RO segment held the largest market share in 2018, accounting for nearly 63% of the market. This application segment is expected to dominate the global market throughout the forecast period.

EMEA led the market in 2018 with a market share of over 72%. This region is expected to dominate the market through 2023, however there will be a decrease in its market share.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Some of the key topics covered in the report include:

Market Landscape

Market ecosystem Market characteristics Market segmentation analysis

Market Sizing

Market definition Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

Regional comparison Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

Vendors covered Vendor classification Market positioning of vendors Competitive scenario

About Technavio

is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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View source version on businesswire.com:https://www.businesswire.com/news/home/20190103005256/en/

CONTACT: Technavio Research

Jesse Maida

Media & Marketing Executive

US: +1 844 364 1100

UK: +44 203 893 3200

www.technavio.com

KEYWORD:

INDUSTRY KEYWORD: ENERGY UTILITIES MANUFACTURING OTHER MANUFACTURING

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 01/03/2019 09:20 AM/DISC: 01/03/2019 09:20 AM

http://www.businesswire.com/news/home/20190103005256/en

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