Global Intelligent Pump
Market Report
2024
The global Intelligent Pump market size will be USD 573.2 million in 2024. The Intelligent Pump market will show the strongest growth with a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031. This growth can be attributed to technological advancements in automation and IoT propelling the Intelligent Pump market.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Intelligent Pump market size will be USD 573.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Intelligent Pump Market Sales Revenue 2024 | $ 573.2 Million |
Global Intelligent Pump Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 7.4% |
Market Split by By Pump Type |
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Market Split by By Component |
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Market Split by By End-User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Intelligent Pump Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Intelligent Pump is primarily driven by several key factors in today's market, such as the increasing demand for energy-efficient solutions across industries like water and wastewater treatment, oil and gas, and manufacturing sectors propels the adoption of Intelligent Pumps, which optimize energy consumption through advanced monitoring and control capabilities. Second, the rise of the Industrial Internet of Things (IIoT) and Industry 4.0 initiatives enables seamless integration of Intelligent Pumps into smart networks, facilitating real-time data analysis and predictive maintenance. Third, stringent regulations promoting sustainability and reducing operational costs push organizations to invest in smart technologies, further boosting the Intelligent Pump market. Lastly, the ongoing advancements in sensor technology, automation, and connectivity solutions continue to enhance the performance and reliability of Intelligent Pumps, driving their continued adoption and market expansion.
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In June 2022, through cooperation, talent development, and sustainability education, Grundfos, a global leader in advanced pump solutions and water technology, and Ngee Ann Polytechnic (NP) signed a memorandum of understanding (MoU) to develop energy jointly- and water-efficient smart solutions that would support a resilient and sustainable built environment throughout Southeast Asia. (Source:https://productselection.grundfos.com/in/industries/mobility?tab=explore&dtid=PS%3AGOOGLE%3A20494120023%3A159713049544%3Awater%20circulation%20pump%3Ab%3Ag&ds_rl=1243762&ds_rl=1244615&gad_source=1&gclid=Cj0KCQjwj9zBhDyARIsAERjds1UW3Ngco2Hn41PmjONUP4yHrbOiKn8L1LoMQHu0Nw0-2o99dUeE_UaAn25EALw_wcB&gclsrc=aw.ds)
Top Companies Market Share in Intelligent Pump Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. This leadership is fueled by strong industrial demand, technological innovation, and significant investments in smart infrastructure across sectors such as oil & gas, water & wastewater management, and manufacturing.
Asia-Pacific stands out as the fastest-growing region in the Intelligent Pump market due to the increasing adoption of automation, and government initiatives promoting energy-efficient solutions contribute to this trend, making it a focal point for market expansion.
The current report Scope analyzes Intelligent Pump Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
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Global Intelligent Pump Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Intelligent Pump Industry growth. Intelligent Pump market has been segmented with the help of its By Pump Type, By Component By End-User, and others. Intelligent Pump market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
Based on present and future trends, the market size is estimated from 2019 to 2031. Moreover, study also provides quantitative and qualitative analysis of each type to understand the driving factors for the fastest growing type segment for Intelligent Pump market.
By Pump Type of Intelligent Pump analyzed in this report are as follows:
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This report forecasts revenue growth at the global, regional, and country levels and provides an analysis of the latest industry trends and opportunities for each application of Intelligent Pump from 2019 to 2031. This will also help to analyze the demand for Intelligent Pump across different end-use industries. Our research team will also help acquire additional data such as Value Chain, Patent analysis, Company Evaluation Quadrant (Matrix), and much more confidential analysis and data insights.
Some of the key By Component of Intelligent Pump are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
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According to cognitive market research, Oil and Gas is the dominant category due to demanding operational conditions and the need for enhanced efficiency and reliability. Intelligent Pumps offer advanced monitoring, control, and automation features that optimize production, minimize downtime, and improve safety. This sector's reliance on high-performance equipment to extract, transport, and refine resources amplifies the adoption of these pumps. Their ability to integrate with digital systems and provide real-time data analytics further solidifies their pivotal role in oil and gas operations.
Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Intelligent Pump Market is witnessing significant growth in the near future.
In 2023, the Centrifugal segment accounted for noticeable share of global Intelligent Pump Market and is projected to experience significant growth in the near future.
The Pumps segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Sulzer Ltd (Switzerland) , Inc (U.S) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
By Pump Type | Centrifugal, Positive Displacement |
By Component | Pumps, Variable Drives, Control Systems |
By End-User | Building Automation, Water and Wastewater, Oil and Gas, Chemicals, Power Generation |
List of Competitors | Sulzer Ltd (Switzerland), Xylem, Inc (U.S), ITT Corporation (U.S), Flowserve Corporation (U.S), Grundfos Holding A/S (Denmark) |
This chapter will help you gain GLOBAL Market Analysis of Intelligent Pump. Further deep in this chapter, you will be able to review Global Intelligent Pump Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation By Pump Type Analysis 2019 -2031, will provide market size split by By Pump Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by By Pump Type Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by By Component Analysis 2019 -2031
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by By End-User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Intelligent Pump market
Chapter 13 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Centrifugal have a significant impact on Intelligent Pump market? |
What are the key factors affecting the Centrifugal and Positive Displacement of Intelligent Pump Market? |
What is the CAGR/Growth Rate of Pumps during the forecast period? |
By type, which segment accounted for largest share of the global Intelligent Pump Market? |
Which region is expected to dominate the global Intelligent Pump Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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