Intelligent Pump Market - Overall Benefit of Pumps & Forecast 2017 - 2025Pump Market: Snapshot
An intelligent pump can provide a wide set of advantages over its conventional counterparts, at a trade-off of a higher initial cost. The overall implementation of an intelligent pump is relatively simple for all the functions that it brings to the table. In a general sense, an intelligent pump is one that can automatically regulate or completely control the pressure and rate of flow of fluids from its. The overall benefit of using intelligent pumps comes from the massive savings in energy consumption that it can bring in the long run. Intelligent pumps can also bring about significant cost reductions in the overall systems in terms of operation and maintenance.
An intelligent pump is essentially a combination of a variable frequency device and a conventional pump that holds the ability to be controlled digitally. The use of electronics to control the flow through a pump has significantly evolved the implementation possibilities of the quintessential pump. The primary focus given to the use of intelligent pump is the savings in resources and energy. They are also highly preferred for implementation in remote conditions for monitoring and control. Further advancements in intelligent pump systems include the use of wireless technologies for added control over longer distances. This, however, can come at a very high installation cost, which a lot of end users may not be capable of buying out. They could receive government support over the coming years, seeing how intelligent pumps can help save energy amid the current energy crunch.
Request Sample Copy of the Report @ www.tmrresearch.com/sample/sample?flag=B&rep_id=575
Intelligent Pump Market: Overview
Intelligent pumps offer a wide range of benefits, including access to real-time operating data, improved maintenance predictions and plans, and wireless control and monitoring. The trend of installing these pumps, especially for water and wastewater monitoring, has gained much traction over the recent past.
The two main types of intelligent pumps are centrifugal pumps and positive displacement pumps, with the key components being variable drives, pumps, and control systems. These find application in a wide range of industries, such as water and wastewater, chemicals, building automation, oil and gas, and power generation.
The report takes a closer look at the overall market and offers sharp and actionable insights for clients to form crucial decisions. The structure and performance of the intelligent pumps market has been studied in depth, keeping in mind its historical, current, and future tendencies, and the analytical findings have been presented in a comprehensive and easy-to-understand format. This information is backed by statistical and graphical data, making the report an ideal blueprint of the global intelligent pumps market.
Request TOC of the Report @ www.tmrresearch.com/sample/sample?flag=T&rep_id=575
Intelligent Pump Market: Trends and Opportunities
The growing need for proper monitoring and control of pumps has resulted in the introduction of intelligent pumps in a number of end-use industries. These pumps enable remote systems control, remote condition monitoring, and energy management and as a result, the demand for the same has been steadily rising.
Among the two major types of pumps, namely centrifugal and positive displacement, the former exhibits a stronger hold on the intelligent pumps market, research analysts observe. This can be attributed to the fact that they have proven to be more effective and in control in variable pressure conditions and conditions of high viscosity. Control systems form key components in intelligent pumps owing to their ability in enabling energy efficiency in several applications. One of the most lucrative end uses of intelligent pumps is in the water and wastewater industry, wherein the development of smart cities presents immense opportunities for application. Strict regulatory norms pertaining to energy efficiency also spurs the adoption of intelligent pumps in the water and wastewater segment.
Intelligent Pump Market: Regional Outlook
The global market for intelligent pumps is segmented on the basis of geography into North America, Asia Pacific, Latin America, Europe, and the Middle East and Africa. Europe holds a significant share in the worldwide market and is anticipated to hold a prominent place in the years to come as well. This can be primarily attributed to a rise in manufacturing and development activities in flourishing countries such as France, Germany, and Italy. The Europe intelligent pumps market is also driven by a surge in the demand for smart water systems and building automation.
Get Discount @ www.tmrresearch.com/sample/sample?flag=D&rep_id=575
Asia Pacific is a promising market for intelligent pumps and presents a host of lucrative opportunities for players thanks to a booming construction industry. With the development of smart cities across India, coupled with expanding capacities of power generation, the intelligent pumps market in Asia Pacific will receive a major boost.
In the Middle East and Africa region, the market for intelligent pumps is boosted by the rising need for energy security, the immense potential in subsea applications, rapid advancements in technology, and the need for enhanced energy efficiency measures.
Companies mentioned in the report:
It has been observed that a number of leading companies in the intelligent pumps market are looking to expand operations in developing countries owing to the immense opportunities they present. Companies are also resorting to various other growth strategies to expand their footprint in the worldwide market. ITT Corporation (U.S.), Sulzer Ltd. (Switzerland), Grundfos Holding A/S (Denmark), Flowserve Corporation (U.S.), and Xylem, Inc. (U.S.) are some of the notable players competing in the global market for intelligent pumps.
About TMR Research
TMR Research is a premier provider of customized market research and consulting services to business entities keen on succeeding in today’s supercharged economic climate. Armed with an experienced, dedicated, and dynamic team of analysts, we are redefining the way our clients’ conduct business by providing them with authoritative and trusted research studies in tune with the latest methodologies and market trends.
Our savvy custom-built reports span a gamut of industries such as pharmaceuticals, chemicals and metals, food and beverages, and technology and media, among others. With actionable insights uncovered through in-depth research of the market, we try to bring about game-changing success for our clients.
3739 Balboa St # 1097,
San Francisco, CA 94121
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Intelligent Pump Market - Overall Benefit of Pumps & Forecast 2017 - 2025 here
News-ID: 896793 • Views: 215
More Releases from TMR Research
Non-volatile Memory Market Competitive Landscape Analysis with Forecast by 2025 …
Global Non-volatile Memory Market: Overview Non-Volatile memory or NVM is a different kind of computer memory that has been programmed to recover stored data and information even after being switched off and back on. A few examples of non-volatile memory are punched cards, paper tape, optical discs, magnetic tape, floppy discs, hard disk drives, ferroelectric RAM,
Power Electronics Market 2017-2025 | Infineon Technologies AG, NXP Semiconductor …
Global Power Electronics Market: Overview Power electronics are solid state circuitry devices that convert and control electric power from the source to load. These devices ensure effective delivery of power, providing high security, reliability, and flexibility to the power system. They improve switching speed and also enable power management to prevent power loss. The materials commonly used for these devices are silicon, gallium nitride, silicon carbide, and sapphire. Some of
Service Robotics Market - Industry Current Trends, Opportunities & Challenges | …
Global Service Robotics Market: Overview Service robots efficiently and tirelessly perform common human tasks that are otherwise considered repetitive, dull, and time-consuming, such as everyday household jobs. There can be two major types of service robots – personal service robots who undertake non-commercial jobs such as domestic service, personal mobility assistance, and pet exercising, and professional service robots who perform commercial and delicate tasks such as surgery in hospitals, defense
Solid-State and Other Energy-Efficient Lighting Market Current Trends and Future …
Global Solid-state and Other Energy-efficient Lighting Market: Overview Solid-state and other energy-efficient lighting forms have allowed the world to solve the expanding crisis of high energy consumption at the cost of depleting fossil fuels and excessive pollution, states TMR Research. The demand for energy-efficient lighting solutions is projected to skyrocket in the coming years as various end users are moving toward creating greener products. The growing initiatives to replace incandescent lighting