Global Intelligent Pump Market

Intelligent Pump Market Size, Share, Growth Analysis, By Type(Centrifugal Pump, and Positive Displacement Pump), By End user(Building Automation, Water & Wastewater, Oil & Gas, Power Generation), By Region - Industry Forecast 2024-2031


Report ID: SQMIG10C2026 | Region: Global | Published Date: April, 2024
Pages: 178 | Tables: 65 | Figures: 80

Intelligent Pump Market News

  • In the dawn of April 2023, Grundfos unfurled the inaugural act of technological symphony with the introduction of the BlueDrive Intelligence pump controller. This avant-garde marvel, orchestrated by the maestro of artificial intelligence (AI), orchestrates a melodic optimization of pump performance and efficiency.
  • As the May flowers bloomed, a seismic announcement echoed through the industrial landscape. Flowserve, with the finesse of a seasoned virtuoso, disclosed its strategic acquisition of Metso Outotec's Pump Solutions business. This strategic maneuver was orchestrated with the grand vision of expanding the company's repertoire, ushering in a crescendo of intelligent pump solutions.
  • The harmonious echoes of innovation continued to reverberate in June 2023, as Emerson Electric took center stage. In this virtuoso performance, the Ovation Control System, a magnum opus for intelligent pumps, made its debut. A symphony of remote monitoring and control capabilities danced in the air, captivating the audience with its technological ballet.
  • As the sun reached its zenith in July 2023, the stage was set for ITT Corporation to unveil its pièce de résistance — the SmartPump platform. This technological sonnet, woven with sensors and analytics, cast a spell to enhance pump performance and efficiency. A masterstroke in the orchestration of fluid dynamics.
  • In the sultry days of August 2023, ABB took the spotlight with the grand premiere of its Ability Pump Intelligence solution. This cloud-based opus, infused with analytics, undertook the profound task of optimizing pump performance and efficiency. The harmonious convergence of artificial intelligence and cloud-driven analytics rendered this performance unparalleled.

And so, the industrial symphony unfolded, each movement a testament to the prowess of technological virtuosos, orchestrating the future of intelligent pump solutions with a symphony of sophistication and efficiency.

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Intelligent Pump Market size was valued at USD 1.18 billion in 2022 and is poised to grow from USD 1.26 billion in 2023 to USD 2.19 billion by 2031, growing at a CAGR of 7.1% in the forecast period (2024-2031).

Amidst the expansive realm of the intelligent pump market, a terrain fraught with fierce competition unfolds, marked by the presence of key contenders vying for a slice of market supremacy. Eminent entities within this sphere encompass Grundfos Holding A/S, Xylem Inc., Sulzer Ltd., Wilo SE, and ITT Inc., each distinguished for their extensive array of offerings, penchant for technological ingenuity, and a pervasive footprint. Competitive maneuvers pivot significantly around the tenets of product distinctiveness and inventive prowess. 'BakerCorp - United States', 'Seepex GmbH - Germany', 'Jiangsu Shenlong Pump Co., Ltd. - China', 'Zenith Pumps (Colfax Corporation) - United States', 'GRUNDFOS GmbH - Germany', 'Caprari S.p.A. - Italy', 'KBL (Kirloskar Brothers Limited) - India', 'Pentair plc - Ireland', 'Kirloskar Ebara Pumps Limited - India', 'Calpeda S.p.A. - Italy', 'DXP Enterprises, Inc. - United States', 'Regal Beloit Corporation - United States', 'Tsurumi Manufacturing Co., Ltd. - Japan', 'Kirloskar Brothers Limited - India', 'Circor International - United States', 'Baker Hughes, a GE Company - United States', 'Colfax Corporation - United States', 'Ebara Corporation - Japan', 'Flowserve Corporation - United States', 'ITT Inc. - United States', 'KSB SE & Co. KGaA - Germany', 'Wilo SE - Germany', 'Sulzer Ltd. - Switzerland', 'Xylem Inc. - United States', 'Grundfos Group - Denmark'

In the realm of energy efficiency and ecological resilience, profound apprehensions have emerged as a pivotal impetus within the domain of astute hydraulic apparatus. These apparatuses are imbued with sophisticated regulatory frameworks, orchestrating their functionality in tandem with instantaneous requisites, thereby effectuating a substantial curtailment in energy consumption. Nations and industrial sectors universally are progressively embracing astute hydraulic apparatuses, seamlessly integrating them into their initiatives to fulfill exacting energy efficiency mandates and mitigate operational expenditures.

Integration of IoT and Automation: Intelligent pumps are installing Internet of things( IoT ) technologies and automation features as well on a continuous basis. These pumps are also capable of collecting real time data and monitoring. Not only this, it also helps in remote monitoring as well, which also helps for industries operating remotely.

In scrutinizing the landscape of intelligent pump domains, we delve into its geographic delineations, encompassing North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America, chiefly the United States, asserts an eminent stance within the expansive realm of the intelligent pump domain. The rationale behind this preeminence is multifaceted. Initially, North America boasts a seasoned industrial framework, encapsulating pivotal sectors such as oil and gas, water and wastewater, and chemicals, where intelligent pumps find indispensability for adept fluid manipulation and energy frugality. Subsequently, the impositions of rigorous regulations, delineated towards energy efficacy and ecological viability, actuate the assimilation of intelligent pump resolutions. Thirdly, the ongoing fiscal infusions into intelligent infrastructure and industrial mechanization substantiate the persistent ascension of the market. The confluence of pivotal market participants and technological visionaries in North America augments its leadership acumen.

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Global Intelligent Pump Market

Report ID: SQMIG10C2026

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