The global intelligent pumps market to register a CAGR of 6.4% between 2017 and 2025. Rising at this pace, the market which was worth US$424.4 mn in 2016, will likely attain a value of US$748.5 mn by 2025.
Albany, NY -- (SBWIRE) -- 03/29/2018 -- Global Intelligent Pumps Market: Overview
This report analyzes and forecasts the market for intelligent pumps at the global and regional level. The market has been forecast based on revenue (US$ Mn) from 2017 to 2025. The study includes drivers and restraints of the global intelligent pumps market. It also covers the impact of these drivers and restraints on demand for intelligent pumps during the forecast period. The report also highlights opportunities in the intelligent pumps market at the global and regional level.
The report comprises a detailed value chain analysis, which provides a comprehensive view of the global intelligent pumps market. Porter's Five Forces model for the intelligent pumps market has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein end-users are benchmarked based on their market size, growth rate, and general attractiveness.
The report provides the estimated market size of intelligent pumps for 2016 and forecast for the next nine years. The global market size of intelligent pumps has been provided in terms of volume and revenue. Market numbers have been estimated based on key type, component, application, and regional segments of intelligent pumps market. Market size and forecast for each major types, component, and application have been provided in terms of global and regional/country markets.
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Global Intelligent Pumps Market: Drivers
The market for intelligent pumps is primarily driven by its operation efficiency, cost-effective operation, automation and digitalization, growing infrastructural activities, water utility, waste water treatment, water distribution/transport networks, integration of several systems and components to form a complete intelligent pumping solution for various applications, etc.
Global Intelligent Pumps Market: Segmentation
The study provides a decisive view of the global intelligent pumps market by segmenting it in terms of component, application, and region. These segments have been analyzed based on present and future trends. Regional segmentation includes the current and forecast demand for intelligent pumps in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report also covers demand for individual end-user segments in all the regions.
Global Intelligent Pumps Market: Competitive Analysis
The study includes profiles of major companies operating in the global intelligent pumps market. Key players in the intelligent pumps market include Grundfos Holding A/S, Goulds Pumps, QuantumFlo, Inc., Kirloskar Brothers Limited, Alfa Laval, and others. Market players have been profiled in terms of attributes such as company overview, financial overview, business strategies, recent developments, and SWOT analysis.
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Global Intelligent Pumps Market: Research Methodology
In order to compile the research report, we conducted in-depth interviews and discussions with a number of key industry participants and opinion leaders. Primary research represents the bulk of research efforts, supplemented by extensive secondary research. We reviewed key players' product literature, annual reports, press releases, and relevant documents for competitive analysis and market understanding. Secondary research also includes a search of recent trade, technical writing, internet sources, and statistical data from government websites, trade associations, and agencies. This has proven to be the most reliable, effective, and successful approach for obtaining precise market data, capturing industry participants' insights, and recognizing business opportunities.
Secondary research sources that are typically referred to include, but are not limited to company websites, annual reports, financial reports, broker reports, investor presentations, and SEC filings, internal and external proprietary databases, and relevant patent and regulatory databases, national government documents, statistical databases, and market reports, news articles, press releases, and webcasts specific to companies operating in the market, National government documents, statistical databases, and market reports, UN Comtrade, U.S. Department of Energy (DOE), 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 firsthand information on market size, market trends, growth trends, competitive landscape, and outlook, etc. These help validate and strengthen secondary research findings. These also help develop the analysis team's expertise and market understanding.
The intelligent pumps market has been segmented as follows:
Global Intelligent Pumps Market: By Component
Variable Speed Drive
High Quality Variable Speed Drive
Low Quality Variable Speed Drive
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Global Intelligent Pumps Market: By Application
Heating and Ventilation
District Heating (distribution network)
Water Utility (Municipal)
Global Intelligent Pumps Market: By Region/Country/Sub-region
Rest of Europe
Rest of Asia Pacific
Middle East & Africa
Rest of Middle East & Africa
Rest of Latin America