Global Intelligent Pumps Market (2018-2024) Featuring Goulds Pumps, Grundfos Holding, Alfa Laval, QuantumFlo, Flowserve Corp, Xylem, and more - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 21, 2018--The “Intelligent Pumps Market: Global Industry Analysis, Trends, Market Size and Forecasts up to 2024” report has been added to ResearchAndMarkets.com’s offering.
The report predicts the global intelligent pumps market to grow with a CAGR of 6.2% over the forecast period of 2018-2024.Improving pump station efficiency and remote monitoring are the major factors that are driving the intelligent pumps market. Intelligent pumps facilitate energy efficient processes. Hence, the demand for minimization of manual operations and automated regulations to regulate and control the flow of fluid, which in turn, drives the growth of the intelligent pumps market.In addition, the intelligent pump’s system offers the ability to access real-time operating data on the pumping equipment this, in turn, is boosting the growth of the intelligent pumps market.On the other hand, tax credits and government economic incentive packages targeting infrastructure projects, including water & wastewater and energy efficiency projects and replacement of old- aged pumps with intelligent pumps with are expected to have a positive impact on the growth of intelligent pumps.Moreover, the need to develop necessary instrumentation and electronics background to sell and support intelligent pumps for the distributors is one of the most significant challenges for intelligent pumps market.Furthermore, the most beneficial use of intelligent pumps is in the wastewater and water industry in which the expansion of smart cities gives rise to enormous opportunities for the intelligent pumps applications.
Companies ProfiledGrundfos Holding A/SGoulds PumpsQuantumFlo, Inc.Kirloskar Brothers LimitedAlfa LavalITT CorporationXylem, Inc.Sulzer Ltd.Flowserve Corporation
Key Topics Covered
2. Executive Summary
3. Global Intelligent Pumps Market Overview
4. Intelligent Pumps Market Macro Indicator Analysis
5. Global Intelligent Pumps Market by Pump Type
6. Global Intelligent Pumps Market by Component
7. Global Intelligent Pumps Market by End-User
8. Global Intelligent Pumps Market by Region 2018-2024
9. Company Profiles and Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/4ztxpz/global?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180921005129/en/
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INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 09/21/2018 05:04 AM/DISC: 09/21/2018 05:04 AM