Intelligent Pump Market by Component, Pump Type & by End-User - Global Forecast to 2021
The intelligent pump market is expected to grow from an estimated USD 613.7 Million in 2016 to USD 880.0 Million by 2021, registering a CAGR of 7.5% from 2016 to 2021.
(EMAILWIRE.COM, January 10, 2017 ) Intelligent Pump Market by Pump Type (Centrifugal & Positive Displacement), Component (Pumps, Variable Drives, & Control Systems), End-User (Building Automation, Water & Wastewater, Oil & Gas, Chemicals, & Power Generation) - Global Forecast to 2021
Browse 65 market data tables and 53 figures spread through 151 pages and in-depth TOC on “Intelligent Pump Market - Global Forecast to 2021”
The global market is set to witness significant growth, due to the focus on the water & wastewater treatment sector, the growth of building automation sector in Europe and North America, and the growing demand for digital oil fields.
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The building automation segment is expected to hold the largest share of the intelligent pump market, by end-user, during the forecast period
The building automation segment led the intelligent pump market in 2015, and is projected to dominate the market during the forecast period. This segment is primarily driven by growing market for smart cities, strict energy-efficiency standards in developed countries, and government initiatives on energy conservation, and is expected to create new revenue pockets for the intelligent pump market during the forecast period.
Centrifugal to be the fastest growing segment in the intelligent pump market
With regard to the type segment, centrifugal pumps with intelligent systems are expected to constitute the fastest growing market from 2016 to 2021. These pumps are used in building automation for HVAC systems and water systems. In the water & wastewater treatment sector, it is used for processing drinking water, reverse osmosis process, and machine tool lubrication.
Europe: The leading market for intelligent pump
In this report, the intelligent pump market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Europe is expected to dominate the global intelligent pump market, given an increase in the number of manufacturing and development activities in countries such as Germany, France, and Italy.
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To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the intelligent pump market. These players include Xylem, Inc. (U.S.), ITT Corporation (U.S.), Grundfos Holding A/S (Denmark), Sulzer Ltd. (Switzerland), and Flowserve Corporation (U.S.). Leading players are trying to penetrate the markets in developing economies, and are adopting various strategies to increase their market share.
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MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com
Website: www.marketsandmarkets.com
Browse 65 market data tables and 53 figures spread through 151 pages and in-depth TOC on “Intelligent Pump Market - Global Forecast to 2021”
The global market is set to witness significant growth, due to the focus on the water & wastewater treatment sector, the growth of building automation sector in Europe and North America, and the growing demand for digital oil fields.
Ask for Report Brochure: http://www.marketsandmarkets.com/pdfdownload.asp?id=231268027
The building automation segment is expected to hold the largest share of the intelligent pump market, by end-user, during the forecast period
The building automation segment led the intelligent pump market in 2015, and is projected to dominate the market during the forecast period. This segment is primarily driven by growing market for smart cities, strict energy-efficiency standards in developed countries, and government initiatives on energy conservation, and is expected to create new revenue pockets for the intelligent pump market during the forecast period.
Centrifugal to be the fastest growing segment in the intelligent pump market
With regard to the type segment, centrifugal pumps with intelligent systems are expected to constitute the fastest growing market from 2016 to 2021. These pumps are used in building automation for HVAC systems and water systems. In the water & wastewater treatment sector, it is used for processing drinking water, reverse osmosis process, and machine tool lubrication.
Europe: The leading market for intelligent pump
In this report, the intelligent pump market has been analyzed with respect to five regions, namely, North America, Europe, Asia-Pacific, South America, and Middle East & Africa. Europe is expected to dominate the global intelligent pump market, given an increase in the number of manufacturing and development activities in countries such as Germany, France, and Italy.
Make an Inquiry: http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=231268027
To enable an in-depth understanding of the competitive landscape, the report includes profiles of some of the top players in the intelligent pump market. These players include Xylem, Inc. (U.S.), ITT Corporation (U.S.), Grundfos Holding A/S (Denmark), Sulzer Ltd. (Switzerland), and Flowserve Corporation (U.S.). Leading players are trying to penetrate the markets in developing economies, and are adopting various strategies to increase their market share.
About MarketsandMarkets
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Contact:
Mr. Rohan
MarketsandMarkets INC.
701 Pike Street
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com
Website: www.marketsandmarkets.com
Contact Information:
MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
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MarketsandMarkets™
Mr. Rohan
Tel: 1-888-600-6441
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results