Albany, NY -- (SBWire) -- 03/28/2019 --An extensive study offering forecast assessment on Digital Pump Controller Market has been broadcasted to the mega-repository of Market Research Reports Search Engine (MRRSE). This all-inclusive and holistic research examines Digital Pump Controller Market in detail, providing an exhaustive analysis of key factors impacting present as well as future growth prospects of the market. In addition, the report provides key statistics on the current state of the industry and other methodical data to understand the market in a precise manner. A sub-category level analysis has been elaborated in the study, by which readers and investors of the report will able to know that where the market stands to gain.
This research study on the digital pump controller market provides a detailed analysis based on different segmentation categories such as connectivity, distribution channel, industry, and region. Based on connectivity, the digital pump controller market has been classified into conventional pump controller and mobile/remote pump controller. Based on distribution channel, the market has been classified into online and retail. The retail segment has been further split into company-owned and third party. In terms of industry, the digital pump controller market has been divided into manufacturing, public sector, agriculture, and residential. The manufacturing segment has been further sub-segmented into food and beverage, pharmaceutical, oil & gas, textile and paper, chemicals, biotechnology, and construction. The public sector segment has been further split into water and wastewater treatment, and pumping stations.
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The global digital pump controller market was valued at US$ 8.20 Bn in 2017 and is expected to expand at a CAGR of 6.6% during the forecast period.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, SEC filings, internal and external proprietary databases, relevant patent and regulatory databases, national government documents, statistical databases, market reports, news articles, press releases, webcasts specific to companies operating in the market, national government documents, statistical databases, market reports, Factiva, etc..
Primary research involves e-mail interactions, telephonic interviews, and face-to-face interviews for each market, category, segment, and sub-segment across geographies. We conduct primary interviews on an ongoing basis with industry participants and commentators in order to validate the data and analysis. Primary interviews provide first-hand information about the market size, market trends, growth trends, competitive landscape, outlook, etc. These help us validate and strengthen secondary research findings. They also help develop the analysis team's market expertise and understanding.
A digital pump controller eliminates the need for manual switching of pumps installed to pump water from a reservoir to an overhead tank. Digital pump controllers use electrical sensors which provide more accurate data than traditional pneumatic sensors, which were used by traditional pump controllers. Digital pump controllers offer a visible control panel that enable users to effectively manage the performance of the device. Also, they can be more easily integrated with a system. Besides, they can be operated remotely via mobile or remote. Additionally, they can be operated by radio frequency, SMS/GSM, App and SCADA systems. Thus, quick set up and ease of use is expected to drive the growth of the digital pump controller market. The agriculture segment is expected to account for a significant share of the digital pump controllermarket over the forecast period.
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The report highlights well-established players operating in the market, including C&S Electric Limited, Dwyer Instruments, Inc., Sulzer Ltd., Kirloskar Brothers Limited, Precision Digital Corporation, Grundfos, Spring (Europe) Ltd., Valmont Industries, Inc. (Vally), Xylem Inc., and Remote Control Technology. These key players are looking to increase their market share by expanding their current digital pump controller market offerings in emerging economies.
Digital Pump Controller Market Segmentation
By Connectivity
Conventional Pump Controller
Mobile/Remote Pump Controller
By Distribution Channel
Online
Retail
Company-owned
Third Party
By Industry Vertical
Manufacturing
Food & Beverage
Pharmaceutical
Oil & Gas
Textile & Paper
Chemicals
Biotechnology
Construction
Public Sector
Water & Wastewater Treatment
Pumping Stations
Agriculture
Residential
By Country/Region
North America
The U.S.
Canada
Rest of North America
Europe
Germany
The U.K.
France
Rest of Europe
Asia Pacific
China
India
Japan
Rest of Asia Pacific
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
South America
Brazil
Rest of South America
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Digital Pump Controller Market - Key Insights and Forecast Assumptions Until the End of 2026
The global digital pump controller market was valued at US$ 8.20 Bn in 2017 and is expected to expand at a CAGR of 6.6% during the forecast period.