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Global Smart Pump Market Report 2024

Smart Pump Global Market Report 2024 – By Pump Type (Centrifugal, Positive Displacement), By Capacity (Up To 30 m³/h, 30 To 90 m³/h, 90 To 180 m³/h, 180 To 360 m³/h, Above 360 m³/h), By End-User (Building Automation, Water And Wastewater, Oil And Gas, Chemicals, Power Generation, Other End Users) – Market Size, Trends, And Global Forecast 2024-2033

Smart Pump Global Market Report 2024

Starting Price : $4000.00 $3200.00 | Pages : 175 | Published : November 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Smart Pump Market Definition

A smart pump is an advanced water pumping system equipped with digital technologies and sensors that optimize operational efficiency, reliability, and performance. These pumps leverage internet of things (IoT) connectivity, real-time monitoring, and data analytics to enhance water management, reduce energy consumption, and enable predictive maintenance.

The main types of smart pumps are centrifugal and positive displacement. A centrifugal smart pump is a type of pump equipped with advanced sensors and controls that optimize fluid movement and efficiency through real-time monitoring and automation. These pumps have capacities that range from up to 30 m³/h, 30 to 90 m³/h, 90 to 180 m³/h, 180 to 360 m³/h, and above 360 m³/h. The end users of centrifugal smart pumps include sectors such as building automation, water and wastewater management, oil and gas, chemicals, power generation, and others.

Smart Pump Market Segmentation

The smart pump market covered in this report is segmented –

1) By Pump Type: Centrifugal, Positive Displacement

2) By Capacity: Up To 30 m³/h, 30 To 90 m³/h, 90 To 180 m³/h, 180 To 360 m³/h, Above 360 m³/h

3) By End-User: Building Automation, Water And Wastewater, Oil And Gas, Chemicals, Power Generation, Other End Users

Global Smart Pump Market Size 2023 to 2028: Graph

Smart Pump Market Size 2024 And Growth Rate

The smart pump market size has grown strongly in recent years. It will grow from $0.91 billion in 2023 to $0.99 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to the increasing prevalence of chronic diseases, rising demand for home healthcare, growing aging population, expansion of healthcare facilities, and emphasis on patient safety.

Smart Pump Market Growth Forecast

The smart pump market size is expected to see strong growth in the next few years. It will grow to $1.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to rising healthcare expenditure, growing adoption of telehealth services, need for operational efficiency in hospitals, demand for improved patient outcomes, and rise in outpatient procedures. Major trends in the forecast period include integration of artificial intelligence, enhancement of data analytics capabilities, growing emphasis on interoperability, expansion of remote patient monitoring, and increasing collaboration among healthcare stakeholders.

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Smart Pump Market Driver: Rising Oil And Gas Production Fuel Growth In The Smart Pump Market

The growth in oil and gas production activities is expected to propel the growth of the smart pump market going forward. Oil and gas production refers to the extraction and processing of crude oil and natural gas from underground reservoirs to meet energy demands. The increase in oil and gas production is driven by increasing global energy demand, particularly in developing economies, as well as advancements in extraction technologies such as hydraulic fracturing and horizontal drilling. Smart pumps in oil and gas production optimize efficiency by utilizing real-time data and advanced algorithms for monitoring and controlling fluid flow, reducing energy consumption and operational costs. For instance, in February 2024, according to the U.S. Energy Information Administration, a US-based principal agency of the Federal Statistical System, the UAE held an estimated 111 billion barrels of proved crude oil reserves at the beginning of 2023, up from 107 billion barrels last year. Therefore, growth in oil and gas production activities is driving the growth of the smart pump market.

Global Smart Pump Market Major Players

Major companies operating in the smart pump market are Schlumberger Ltd., Baker Hughes, Emerson Electric Co., Aker BP, Danfoss A/S, National Oilwell Varco, Xylem Inc., EBARA Pump Europe, Grundfos Holding A/S, Pentair plc, Flowserve Corporation, Sulzer Limited, ITT Corporation, KSB SE & Co. KGaA, Wilo SE, Gorman-Rupp Company, Kirloskar Group, Tsurumi Manufacturing Co., Ltd., Hidrostal AG, M Pumps, Suguna Pumps

Global Smart Pump Market Trend: Advanced Solutions Revolutionizing Real-Time Monitoring And Predictive Maintenance In The Industry

Major companies operating in the smart pump market are focusing on developing innovative solutions, such as IoT-based remote pump monitoring systems, to enhance efficiency, predict maintenance needs, and prevent breakdowns. An IoT-based remote pump monitoring system is a technology that enables real-time tracking and control of pump performance through internet-connected sensors and software. It allows users to monitor operational parameters, detect issues, and receive alerts remotely, ensuring optimal efficiency and preventing equipment failures without manual intervention. For instance, in August 2022, Kirloskar Brothers Limited, an India-based company that provides fluid management solutions, launched KirloSmart, an advanced version of its IoT-based remote pump monitoring system, which enables real-time monitoring, troubleshooting, and predictive maintenance without manual intervention. The new version includes enhanced features such as 4G or 5G compatibility, improved UI or UX, and advanced analytics, providing users with greater control, energy savings, and pump longevity.

Smart Pump Market Merger And Acquisition: The Lee Company Expands Leadership In Fluid Control With Acquisition Of TTP Ventus Limited

In September 2022, The Lee Company, a US-based company that specializes in miniature precision fluid control components, acquired TTP Ventus Limited for an undisclosed amount. Through this acquisition, Lee Company enhances its product portfolio with advanced micropump technology, positioning it for growth in the life science and medical markets while strengthening its leadership through improved performance and precision in fluid control applications. TTP Ventus Limited is a UK-based manufacturer of smart pump modules.

Regional Insights For The Global Smart Pump Market

North America was the largest region in the smart pump market in 2023. The regions covered in the smart pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the smart pump market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart pump market consists of sales of submersible pumps, volumetric infusion pumps, and solar-powered pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The smart pump market research report is one of a series of new reports from The Business Research Company that provides smart pump market statistics, including the smart pump industry's global market size, regional shares, competitors with a smart pump market share, detailed smart pump market segments, market trends and opportunities, and any further data you may need to thrive in the smart pump industry. This smart pump market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Smart Pump Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2024 $0.99 billion
Revenue Forecast In 2033 $1.37 billion
Growth Rate CAGR of 8.5% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Pump Type: Centrifugal; Positive Displacement
2) By Capacity: Up To 30 m³/h; 30 To 90 m³/h; 90 To 180 m³/h; 180 To 360 m³/h; Above 360 m³/h
3) By End-User: Building Automation; Water And Wastewater; Oil And Gas; Chemicals; Power Generation; Other End Users
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Schlumberger Ltd., Baker Hughes, Emerson Electric Co., Aker BP, Danfoss A/S, National Oilwell Varco, Xylem Inc., EBARA Pump Europe, Grundfos Holding A/S, Pentair plc, Flowserve Corporation, Sulzer Limited, ITT Corporation, KSB SE & Co. KGaA, Wilo SE, Gorman-Rupp Company, Kirloskar Group, Tsurumi Manufacturing Co., Ltd., Hidrostal AG, M Pumps, Suguna Pumps
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Smart Pump Market Characteristics

    3. Smart Pump Market Trends And Strategies

    4. Smart Pump Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Smart Pump Market Size and Growth

    5.1. Global Smart Pump Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Smart Pump Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Smart Pump Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Smart Pump Market Segmentation

    6.1. Global Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Centrifugal

    Positive Displacement

    6.2. Global Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Up To 30 m³/h

    30 To 90 m³/h

    90 To 180 m³/h

    180 To 360 m³/h

    Above 360 m³/h

    6.3. Global Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Building Automation

    Water And Wastewater

    Oil And Gas

    Chemicals

    Power Generation

    Other End Users

    7. Smart Pump Market Regional And Country Analysis

    7.1. Global Smart Pump Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Smart Pump Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Smart Pump Market

    8.1. Asia-Pacific Smart Pump Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Smart Pump Market

    9.1. China Smart Pump Market Overview

    9.2. China Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Smart Pump Market

    10.1. India Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Smart Pump Market

    11.1. Japan Smart Pump Market Overview

    11.2. Japan Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Smart Pump Market

    12.1. Australia Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Smart Pump Market

    13.1. Indonesia Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Smart Pump Market

    14.1. South Korea Smart Pump Market Overview

    14.2. South Korea Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Smart Pump Market

    15.1. Western Europe Smart Pump Market Overview

    15.2. Western Europe Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Smart Pump Market

    16.1. UK Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Smart Pump Market

    17.1. Germany Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Smart Pump Market

    18.1. France Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Smart Pump Market

    19.1. Italy Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Smart Pump Market

    20.1. Spain Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Smart Pump Market

    21.1. Eastern Europe Smart Pump Market Overview

    21.2. Eastern Europe Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Smart Pump Market

    22.1. Russia Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Smart Pump Market

    23.1. North America Smart Pump Market Overview

    23.2. North America Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Smart Pump Market

    24.1. USA Smart Pump Market Overview

    24.2. USA Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Smart Pump Market

    25.1. Canada Smart Pump Market Overview

    25.2. Canada Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Smart Pump Market

    26.1. South America Smart Pump Market Overview

    26.2. South America Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Smart Pump Market

    27.1. Brazil Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Smart Pump Market

    28.1. Middle East Smart Pump Market Overview

    28.2. Middle East Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Smart Pump Market

    29.1. Africa Smart Pump Market Overview

    29.2. Africa Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Smart Pump Market Competitive Landscape And Company Profiles

    30.1. Smart Pump Market Competitive Landscape

    30.2. Smart Pump Market Company Profiles

    30.2.1. Schlumberger Ltd.

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Baker Hughes

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Emerson Electric Co.

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Aker BP

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Danfoss A/S

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Smart Pump Market Other Major And Innovative Companies

    31.1. National Oilwell Varco

    31.2. Xylem Inc.

    31.3. EBARA Pump Europe

    31.4. Grundfos Holding A/S

    31.5. Pentair plc

    31.6. Flowserve Corporation

    31.7. Sulzer Limited

    31.8. ITT Corporation

    31.9. KSB SE & Co. KGaA

    31.10. Wilo SE

    31.11. Gorman-Rupp Company

    31.12. Kirloskar Group

    31.13. Tsurumi Manufacturing Co., Ltd.

    31.14. Hidrostal AG

    31.15. M Pumps

    32. Global Smart Pump Market Competitive Benchmarking

    33. Global Smart Pump Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Smart Pump Market

    35. Smart Pump Market Future Outlook and Potential Analysis

    35.1 Smart Pump Market In 2028 - Countries Offering Most New Opportunities

    35.2 Smart Pump Market In 2028 - Segments Offering Most New Opportunities

    35.3 Smart Pump Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Smart Pump Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Smart Pump Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Asia-Pacific, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: China, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: India, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: Japan, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Australia, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Indonesia, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: South Korea, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: Western Europe, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: UK, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: Germany, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: France, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: Italy, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Spain, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Eastern Europe, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Russia, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: North America, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: USA, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: Canada, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: South America, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: Brazil, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Middle East, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Africa, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Schlumberger Ltd. Financial Performance
  • Table 75: Baker Hughes Financial Performance
  • Table 76: Emerson Electric Co. Financial Performance
  • Table 77: Aker BP Financial Performance
  • Table 78: Danfoss A/S Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Smart Pump Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Smart Pump Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Asia-Pacific, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: China, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: India, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: Japan, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Australia, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Indonesia, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: South Korea, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: Western Europe, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: UK, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: Germany, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: France, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: Italy, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Spain, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Eastern Europe, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Russia, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: North America, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: USA, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: Canada, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: South America, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: Brazil, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Middle East, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Africa, Smart Pump Market, Segmentation By Pump Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Smart Pump Market, Segmentation By Capacity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Smart Pump Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Schlumberger Ltd. Financial Performance
  • Figure 75: Baker Hughes Financial Performance
  • Figure 76: Emerson Electric Co. Financial Performance
  • Figure 77: Aker BP Financial Performance
  • Figure 78: Danfoss A/S Financial Performance

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Frequently Asked Questions

What is the definition of the smart pump market?

A smart pump is an advanced water pumping system equipped with digital technologies and sensors that optimize operational efficiency, reliability, and performance. These pumps leverage internet of things (IoT) connectivity, real-time monitoring, and data analytics to enhance water management, reduce energy consumption, and enable predictive maintenance. For further insights on the smart pump market, request a sample here

How will the smart pump market drivers and restraints affect the smart pump market dynamics? What forces will shape the smart pump industry going forward?

The smart pump market major growth driver - Rising Oil And Gas Production Fuel Growth In The Smart Pump Market. For further insights on the smart pump market, request a sample here

What is the forecast market size or the forecast market value of the smart pump market?

The smart pump market size has grown strongly in recent years. It will grow from $0.91 billion in 2023 to $0.99 billion in 2024 at a compound annual growth rate (CAGR) of 8.4%. The growth in the historic period can be attributed to the increasing prevalence of chronic diseases, rising demand for home healthcare, growing aging population, expansion of healthcare facilities, and emphasis on patient safety. The smart pump market size is expected to see strong growth in the next few years. It will grow to $1.37 billion in 2028 at a compound annual growth rate (CAGR) of 8.5%. The growth in the forecast period can be attributed to rising healthcare expenditure, growing adoption of telehealth services, need for operational efficiency in hospitals, demand for improved patient outcomes, and rise in outpatient procedures. Major trends in the forecast period include integration of artificial intelligence, enhancement of data analytics capabilities, growing emphasis on interoperability, expansion of remote patient monitoring, and increasing collaboration among healthcare stakeholders. For further insights on the smart pump market, request a sample here

How is the smart pump market segmented?

The smart pump market is segmented
1) By Pump Type: Centrifugal, Positive Displacement
2) By Capacity: Up To 30 m³/h, 30 To 90 m³/h, 90 To 180 m³/h, 180 To 360 m³/h, Above 360 m³/h
3) By End-User: Building Automation, Water And Wastewater, Oil And Gas, Chemicals, Power Generation, Other End UsersFor further insights on the smart pump market, request a sample here

Which region has the largest share of the smart pump market? What are the other regions covered in the report?

North America was the largest region in the smart pump market in 2023. The regions covered in the smart pump market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the smart pump market, request a sample here.

Who are the major players in the smart pump market?

Major companies operating in the smart pump market are Schlumberger Ltd., Baker Hughes, Emerson Electric Co., Aker BP, Danfoss A/S, National Oilwell Varco, Xylem Inc., EBARA Pump Europe, Grundfos Holding A/S, Pentair plc, Flowserve Corporation, Sulzer Limited, ITT Corporation, KSB SE & Co. KGaA, Wilo SE, Gorman-Rupp Company, Kirloskar Group, Tsurumi Manufacturing Co., Ltd., Hidrostal AG, M Pumps, Suguna Pumps For further insights on the smart pump market, request a sample here.

What are the key trends in the smart pump market?

Major trend in the smart pump market - Advanced Solutions Revolutionizing Real-Time Monitoring And Predictive Maintenance In The Industry. For further insights on the smart pump market, request a sample here.

What are the major opportunities in the smart pump market? What are the strategies for the smart pump market?

For detailed insights on the major opportunities and strategies in the smart pump market, request a sample here.

How does the smart pump market relate to the overall economy and other similar markets?

For detailed insights on smart pump market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the smart pump industry?

For detailed insights on the mergers and acquisitions in the smart pump industry, request a sample here.

What are the key dynamics influencing the smart pump market growth? SWOT analysis of the smart pump market.

For detailed insights on the key dynamics influencing the smart pump market growth and SWOT analysis of the smart pump industry, request a sample here.