Intelligent pump

Pump Market in India (2020 to 2026) - Industry Outlook and Forecast - ResearchAndMarkets.com

Retrieved on: 
Thursday, December 17, 2020
Other Manufacturing, Manufacturing, Pumps, Intelligent pump

The "Pump Market in India - Industry Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Pump Market in India - Industry Outlook and Forecast 2021-2026" report has been added to ResearchAndMarkets.com's offering.
  • The pump market in India by revenue is expected to grow at a CAGR of over 7% during the period 2021-2026.
  • India's pump market is likely to witness the emergence of intelligent pump systems and micro disc pump technology in the next few years.
  • The following factors are likely to contribute to the growth of the pump market in India during the forecast period:
    The study considers the present scenario of the pump market and its market dynamics for the period 2020-2026.

Intelligent Pump and Control Systems Market 2020-2024 | COVID-19 Analysis and Latest Trends | Technavio

Retrieved on: 
Saturday, November 21, 2020
Engineering, Chemicals, Plastics, Manufacturing, Occupational safety and health, Health, Articles, Intelligent pump, Pumps, Infectious diseases, COVID-19 pandemic, Coronavirus disease

The new intelligent pump and control systems market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.

Key Points: 
  • The new intelligent pump and control systems market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.
  • View the full release here: https://www.businesswire.com/news/home/20201120005509/en/
    Technavio has announced its latest market research report titled Global Intelligent Pump and Control Systems Market 2020-2024 (Graphic: Business Wire)
    Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the intelligent pump and control systems market.
  • As the markets recover Technavio expects the intelligent pump and control systems market size to grow by USD 236.21 million during the period 2020-2024.
  • Based on end-users, the water and wastewater industries segment led the global intelligent pump and control systems market in 2019.

Frost & Sullivan: Intelligent Pumps with Analytics Capabilities are Expected to be the New Norm

Retrieved on: 
Thursday, July 2, 2020
Articles, Technology, Big data, Economy, Business intelligence, Formal sciences, Industrial automation, Industrial Internet of Things, Internet of things, Analytics, Pump, Intelligent pump

Global pump revenue is estimated to reach $46.92 billion by 2025 from approximately $38.34 billion in 2019.

Key Points: 
  • Global pump revenue is estimated to reach $46.92 billion by 2025 from approximately $38.34 billion in 2019.
  • "Additionally, service-based business models are expected to become more predominant; as a result, pump OEMs are expected to diversify their revenues and deliver standalone services to unlock new revenue streams."
  • Emaniadded: "Intelligent pumps with analytics capabilities are expected to be the new norm as customers require meaningful data insights on pump performance as opposed to a device that will merely display data.
  • Offering high-quality, reliable and precise services for customers by investing in IIoT-based technologies such as cloud computing and edge analytics.

Frost & Sullivan: Intelligent Pumps with Analytics Capabilities are Expected to be the New Norm

Retrieved on: 
Thursday, July 2, 2020
Articles, Technology, Big data, Economy, Business intelligence, Formal sciences, Industrial automation, Industrial Internet of Things, Internet of things, Analytics, Pump, Intelligent pump

Global pump revenue is estimated to reach $46.92 billion by 2025 from approximately $38.34 billion in 2019.

Key Points: 
  • Global pump revenue is estimated to reach $46.92 billion by 2025 from approximately $38.34 billion in 2019.
  • "Additionally, service-based business models are expected to become more predominant; as a result, pump OEMs are expected to diversify their revenues and deliver standalone services to unlock new revenue streams."
  • Emaniadded: "Intelligent pumps with analytics capabilities are expected to be the new norm as customers require meaningful data insights on pump performance as opposed to a device that will merely display data.
  • Offering high-quality, reliable and precise services for customers by investing in IIoT-based technologies such as cloud computing and edge analytics.

Sealless Pumps Markets, 2025 - Emergence of Intelligent Pumps Systems and Micro Disc Pumps Technology

Retrieved on: 
Monday, September 2, 2019
Pumps, Companies, Kirloskar Brothers, Flowserve, Kirloskar Group, Intelligent pump

The key players operating in the global sealless pumps market are IDEX Corporation, Flowserve Corporation, KSB SE & Co. KGaA, IWAKI CO., LTD., Kirloskar Brothers Limited, Teikoku Electric Mfg.

Key Points: 
  • The key players operating in the global sealless pumps market are IDEX Corporation, Flowserve Corporation, KSB SE & Co. KGaA, IWAKI CO., LTD., Kirloskar Brothers Limited, Teikoku Electric Mfg.
  • The growth in sealless pumps market is mainly attributed to the advantages of magnetic driven pumps over conventional pumps, regulations on emissions, low cost of maintenance than other pumps, and increasing demand for canned motor pumps in chemical and wastewater treatment industry.
  • Moreover, the emergence of intelligent pump systems and micro disc pump technology, the evolution of green technology, next-generation industrial automation, and technological advancements are the major trends in this market.
  • However, corrosion resistance of the magnetic element themselves, and high cost and power absorption of the magnetic driven pumps are the major challenges present in the sealless pumps market.

Industrial Internet of Things Fuels Huge Growth Opportunities for Intelligent Pumps in Europe

Retrieved on: 
Monday, January 28, 2019
Pumps, Internet of things, Technology, Industrial Internet of Things, Industrial automation, Articles, Automation, Intelligent pump, Contents

The rising adoption of Industrial Internet of Things (IIoT) technologies has intensified the need to include capabilities that can transform intelligent pumps into smart pumps.

Key Points: 
  • The rising adoption of Industrial Internet of Things (IIoT) technologies has intensified the need to include capabilities that can transform intelligent pumps into smart pumps.
  • "Intelligent pumps will receive a further boost with pump companies adopting the 2020 strategy, wherein the focus will be on saving energy using advanced and sustainable technologies."
  • Frost & Sullivan's recent analysis, European Intelligent Pumps and Controllers MarketDriving Smart Revolution, Forecast to 2024, analyses the benefits of incorporating IIoT technology into pumps.
  • European Intelligent Pumps and Controllers MarketDriving Smart Revolution, Forecast to 2024is part of Frost & Sullivan's global Industrial Automation & Process Control Growth Partnership Service program.

Industrial Internet of Things Fuels Huge Growth Opportunities for Intelligent Pumps in Europe

Retrieved on: 
Monday, January 28, 2019
Pumps, Internet of things, Technology, Industrial Internet of Things, Industrial automation, Articles, Automation, Intelligent pump, Contents

The rising adoption of Industrial Internet of Things (IIoT) technologies has intensified the need to include capabilities that can transform intelligent pumps into smart pumps.

Key Points: 
  • The rising adoption of Industrial Internet of Things (IIoT) technologies has intensified the need to include capabilities that can transform intelligent pumps into smart pumps.
  • "Intelligent pumps will receive a further boost with pump companies adopting the 2020 strategy, wherein the focus will be on saving energy using advanced and sustainable technologies."
  • Frost & Sullivan's recent analysis, European Intelligent Pumps and Controllers MarketDriving Smart Revolution, Forecast to 2024, analyses the benefits of incorporating IIoT technology into pumps.
  • European Intelligent Pumps and Controllers MarketDriving Smart Revolution, Forecast to 2024is part of Frost & Sullivan's global Industrial Automation & Process Control Growth Partnership Service program.

European Intelligent Pumps and Controllers Market-Driving Smart Revolution, Forecast to 2024

Retrieved on: 
Monday, December 17, 2018
Pump, Intelligent pump

However, its capability is quite limited.With increased customer demand to include advanced capabilities that could translate normal data into more meaningful action, intelligent pumps are in the process of evolving into smart pumps.

Key Points: 
  • However, its capability is quite limited.With increased customer demand to include advanced capabilities that could translate normal data into more meaningful action, intelligent pumps are in the process of evolving into smart pumps.
  • Capital investments have come down due to economic downturn.End-user companies do not want to purchase new equipment; instead they work towards maintaining their existing assets.
  • As mentioned earlier, for a plant operator to improve the profitability, it is important to reduce the fixed cost as much as possible.
  • Energy consumption attributes to a major proportion of fixed cost and reducing it can lead to abundant savings for plant operators.

Global Smart & Intelligent Pumps Market: Focus on Pump Type (Centrifugal Pump and Positive Displacement Pump) and Application - Analysis & Forecast, 2018-2023

Retrieved on: 
Tuesday, November 27, 2018
Pumps, Intelligent pump

Centrifugal and positive displacement pumps are some of the smart & intelligent pumps widely used across various end-user applications.The global smart & intelligent pumps market in terms of application is segmented into oil & gas industry, water & wastewater industry, power industry, chemical industry, and general industry.

Key Points: 
  • Centrifugal and positive displacement pumps are some of the smart & intelligent pumps widely used across various end-user applications.The global smart & intelligent pumps market in terms of application is segmented into oil & gas industry, water & wastewater industry, power industry, chemical industry, and general industry.
  • The global smart & intelligent pumps market is expected to grow at a CAGR of 6.68% 2018 and 2023 in terms of value.
  • While highlighting the key driving and restraining forces for this market, the report also provides a detailed summary of the global smart & intelligent pumps market.
  • What are the competitive strengths of key players in the global smart & intelligent pumps based on the market share analysis?

Global Smart & Intelligent Pumps Market to 2023: Increasing the Adoption of Smart & Intelligent Pumps to Capitalize on the Large Addressable Market

Retrieved on: 
Friday, November 23, 2018
Cars, Automotive industry, Pump, Intelligent pump, SMart

Although smart & intelligent pumps offer potential benefits, they have not garnered much wider adoption.

Key Points: 
  • Although smart & intelligent pumps offer potential benefits, they have not garnered much wider adoption.
  • The reason behind this is reluctance to shift from the conventional pumping systems to the new smart & intelligent pumps.
  • The cultural change is the most challenging aspect for the adoption of smart & intelligent pumps.
  • However, it is anticipated that the potential benefits of smart & intelligent pumps will bring about a change in the market.