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Smart Water Pumps Market Historical Growth Analysis, Business Opportunities, Competitive landscape and Trends Forecast to 2028
Smart Water Pumps Market
An IoT smart pump is a digitally enabled water pump with the ability to interpret and visualise data using Big Data, analytics, machine learning algorithms and cognitive intelligence. It is an electronic device that controls the start and stop of an electric pump. The smart head senses when there is a drop in pressure or when water stops flowing when you open and close a tap.
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Companies Profiled in this report includes: Colfax Corporation,Flowserve Corporation,GRUNWL,Grundfos,ITT Gould,Pumps,KSB SE,Kirloskar Brothers,Seepex,Sulzer,WILO SE
MARKET SEGMENTATION
- Based on type, the global Smart water pumps market is segmented into centrifugal pump, positive displacement pump
- On the basis of application, the market is segmented into oil and gas industry, water and water waste, power industry, chemical industry, others
MARKET DYNAMICS
Drivers:
- Smart water pumps market report analyses the growth, which is currently being growing due to the increasing digitization in the emerging nations.
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IMPACT OF COVID-19 ON SMART WATER PUMPS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
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Contact Person: Sameer Joshi
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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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