Global Intelligent Pump Market to reach USD 1408 million by 2027.
Global Intelligent Pump Market is valued approximately at USD 822 Million in 2020 and is anticipated to grow with a healthy growth rate of more than 8% over the forecast period 2021-2027. Intelligent pump enable the pump to operate more effectively and efficiently automatically by adjusting operations to match the head requirements of the system. Rising development of smart cities, growing need for emission reduction in industrial plants and rise in energy generation capacity are the factors leading the market of intelligent pump towards growth. For instance, in 2015, government of India launched Smart City Mission for the development of 100 smart cities in India by 2025 by investing USD13.2 billion. Also, the installed capacity of Wind energy in 2018 was 563,820 megawatts and increased to 622,704 megawatts in 2019. Furthermore, robust growth in hvac systems and development in digital oilfields are expected to fuel the demand in near future. However, high acquisition, maintenance and repair cost of intelligent pumps may hamper the growth during forecast period.

Key regions such as Asia Pacific, Europe, North America, Latin America and Rest of the World are considered for the regional analysis of intelligent pump market. Europe is dominating the world market in terms of revenue due to the growing demand for building automation and smart water systems in the region. Whereas, Asia Pacific is anticipated to grow at the highest rate during forecast period, due to rising growth in manufacturing sector, rise in power generation capacity and development of smart cities.
Major market player included 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

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Pump Type:
Positive displacement pumps
Centrifugal pumps
By Component:
Control system
Variable system
Pumps
By End-user:
Building automation
Water & wastewater
Oil& gas
Chemicals
Power generation
Others


By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027.

Target Audience of the Global Intelligent Pump Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors