“Intelligent Pumps market set to grow to $1bn by 2028” says new Visiongain report

18 September 2018
Energy

Visiongain has launched a new energy report Intelligent Pumps Market Report 2018-2028: Forecasts by Pump Type (Centrifugal Pump, Positive Displacement Pump), by End-User Industry (Building, Industrial, Water Utility, Others), by Component (Pump Motor, Variable Speed Drive, Control Systems, Others) Plus Profiles of Leading Companies and Regional and Leading National Market Analysis

Pumps have outgrown their traditional role as the mechanical workhorses of manufacturing with the addition of digital technology and have entered the process control domain. In their new role, intelligent pumps have the potential to improve process control by regulating flow or pressure, enable better management of their health, and assist plants in reducing total energy consumption and led to system cost reductions.

The Visiongain report analyst commented "The Intelligent Pumps market is expected to witness considerable growth in the forecast period and this is mainly driven by the rising demand for effective energy usage, reduced unplanned downtime of plants by using predictive and compressed pumps and government regulations supporting energy efficiency with minimum energy loss. In addition, they also serve as the ideal solution for industrial and water utility industries as high performance of plants are achievable when they are incorporated into existing systems."

Leading companies featured in the report who are developing intelligent pumps technology include Alfa Laval, Flowserve Corporation, Grundfos, ITT Goulds Pumps, Kirloskar Brothers Limited, Quantumflo, Inc., Regal Beloit Corporation, Sulzer Ltd, Wilo and Xylem.

Notes for Editors
If you are interested in a more detailed overview of this report, please send an e-mail to sara.peerun@visiongain.com or call her on +44 (0) 207 336 6100

About Visiongain
Visiongain is one of the fastest-growing and most innovative independent media companies in Europe. Based in London, UK, Visiongain produces a host of business-to-business reports focusing on the automotive, aviation, chemicals, cyber, defence, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors.

Visiongain publishes reports produced by analysts who are qualified experts in their field. Visiongain has firmly established itself as the first port of call for the business professional who needs independent, high-quality, original material to rely and depend on.

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