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Published Date: 2017-10-17Number of Pages: 378

Intelligent Pumps Market (Component - Pump Motor, Variable Speed Drive (High Quality Variable Speed Drive And Low Quality Variable Speed Drive), And Control System; Application - Buildings (Commercial Buildings (Heating And Ventilation, District Heating, And Pressure Boosting) And Domestic Buildings (Pressure Boosting And Waste Water)), Industry (Temperature Control, Pressure Boosting, Water Supply, Wastewater, And Water Treatment), Water Utility (Water Supply (Water Intake, Water Distribution, And Treatment Plants) And Waste Water (Transport/Networks And Treatment Plants)) - Global Industry Analysis, Size, Share, Growth, Trends, And Forecast 2017 - 2025

Global Intelligent Pumps Market: Snapshot

Intelligent pumps provide operational efficiency by automating regulation and control of the flow or pressure of water or other fluids. They also offer real-time operating data on the pumping equipment. As a result, they eliminate the need for maintenance staff to repair and monitor the equipment. Such advantages have steadily driven the sales of intelligent pumps despite the high cost of installing them. Besides, constant thrust on product development by key players in order to steal a march over their competitors is also boosting the market.

Currently, the global intelligent pump market is fragmented in nature due to the presence of a large number of regional and international players of various sizes. The players are seen banking upon strategic collaborations and also building proper distribution channels to drive sales and bolster their positions.

A study by Transparency Market Research forecasts the global intelligent pumps market to attain a value of US$748.5 mn by 2025 from US$424.4 mn in 2016 by clocking a CAGR of 6.4% from 2017 to 2025.

global intelligent pump market

Variable Speed Drives Dominate Market due to their Crucial Role in Automating Fluid Flow

Depending upon the type of component, the global intelligent pumps market can be segmented into pump motor, variable speed drive, control system, etc. Of them, the segment of variable speed drive accounted for about 40.0% share in the market in 2016. This is because variable-frequency drive or variable-speed drive, which regulates the speed and rotational force (or torque output) of an electric motor, helps to automate the process of the fluid travelling inside a pipeline. The variable speed drive can be further divided into high quality variable speed drive and low quality variable speed drive.

Based on application, the global intelligent pumps market can be divided into buildings, industry, water utility, etc. Of them, the industrial segment led the market with maximum share – about 70.0% in 2016. It was trailed by water-utility segment, which is further divided into water supply, waste water, and others.

Cheap Intelligent Pumps Manufactured in China Propels Asia Pacific Market

From a geographical standpoint, Europe is the dominant region in the global intelligent pumps market. In 2016, its dominant share came to about 35.0%. By rising at a CAGR of 5.8% in the forecast period, the region is expected to grow its leading share owing to the strong demand for clean drinking water which in turn require intelligent pumps. The TMR report predicts the region to pull in a revenue to the tune of US$253.5 by 2025-end.

In terms of growth rate, Asia Pacific is expected to surpass all other regions by clocking a CAGR of 7.3% between 2017 and 2025.  China is said to be primarily powering growth in the region. This is because the country is one of the major exporters of cheap pumps to the Middle East and Africa, which does not have domestic manufacturing bases for pumps. Apart from China, India is another key market in the region. Government investments in industrialization and urbanization is expected to boost the intelligent pumps market in the region. Besides, thrust on overhauling antiquated agricultural methods is also serving to catalyze growth in the market in India.

Because of the high cost of manufacturing intelligent pumps in Europe and America, their markets are losing share to Asia Pacific. Helping to overcome that challenge, to a degree, is the constant investments in product development.

Some of the key participants in the global intelligent pumps market are Grundfos Holding A/S, Goulds Pumps, QuantumFlo, Inc., Kirloskar Brothers Limited, and Alfa Laval.

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.

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.

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

  • Pump Motor
  • Variable Speed Drive
    • High Quality Variable Speed Drive
    • Low Quality Variable Speed Drive
  • Control System
  • Others

Global Intelligent Pumps Market: By Application

  • Buildings
    • Commercial Buildings
      • Heating and Ventilation
      • District Heating (distribution network)
      • Pressure Boosting
    • Domestic Buildings
      • Pressure Boosting
      • Waste Water
    • Others
  • Industry
    • Temperature Control
    • Pressure Boosting
    • Water Supply
    • Wastewater
    • Water Treatment
    • Others
  • Water Utility (Municipal)
    • Water Supply
      • Water Intake
      • Water Distribution
      • Treatment Plants
    • Wastewater
      • Transport/Networks
      • Treatment Plants
    • Others

Global Intelligent Pumps Market: By Region/Country/Sub-region

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America


 
 
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