Global Smart Pumps Market Growth 2025-2031
Description
The global Smart Pumps market size is predicted to grow from US$ 1189 million in 2025 to US$ 1748 million in 2031; it is expected to grow at a CAGR of 6.6% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The use of smart pumps is driven by several factors, including:
1. Enhanced precision and control: Smart pumps offer advanced features that allow for precise and accurate control of fluid flow. They often include sensors, actuators, and automated controls that can adjust flow rates, pressure, and other parameters in real-time. This enhanced precision and control can result in improved process efficiency, reduced waste, and optimal performance.
2. Remote monitoring and control: Smart pumps are equipped with connectivity features that enable remote monitoring and control. This allows operators to monitor pump performance, check operating conditions, and make adjustments from a central control system or even through mobile applications. Remote monitoring and control capability increase operational efficiency, reduce the need for on-site visits, and enable real-time responses to optimize performance.
3. Condition monitoring and predictive maintenance: Smart pumps utilize sensors and data analytics to continuously monitor pump health and performance. By analyzing data on parameters such as temperature, vibration, flow rate, and power consumption, they can detect anomalies, identify issues, and predict maintenance needs. This proactive approach to maintenance can help prevent unexpected shutdowns, reduce downtime, and optimize maintenance schedules.
4. Energy efficiency and cost savings: Smart pumps are designed to optimize energy consumption and reduce operational costs. They can adjust motor speed or flow rate based on demand, ensuring that energy is used efficiently and only when required. By automatically adapting to changing conditions and operating at optimal levels, smart pumps can significantly reduce energy waste, resulting in cost savings over time.
5. Safety and process optimization: Smart pumps often include safety features and automation capabilities that help prevent accidents and optimize process control. They may have fail-safe mechanisms, alarms for abnormal conditions, and automatic shutdown functions to protect against overpressure, overheating, or equipment failure. Additionally, the automation capabilities provided by smart pumps allow for precise and consistent control of fluid flow, ensuring that processes are executed with accuracy and reliability.
6. Compliance and reporting: Some industries require strict compliance with regulations and standards related to pump operations. Smart pumps can facilitate compliance by providing data logging, reporting, and documentation capabilities. They can record and store data on pump performance, flow rates, and operating conditions, enabling easy retrieval and reporting for regulatory purposes.
Overall, the driving factors for the use of smart pumps include enhanced precision and control, remote monitoring and control capabilities, condition monitoring and predictive maintenance, energy efficiency and cost savings, safety and process optimization, and compliance and reporting requirements. These factors highlight the benefits of smart pump technology in improving operational efficiency, reducing costs, ensuring safety, and meeting regulatory standards in various industries, including manufacturing, water treatment, oil and gas, and chemical processing.
LP Information, Inc. (LPI) ' newest research report, the “Smart Pumps Industry Forecast” looks at past sales and reviews total world Smart Pumps sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Pumps sales for 2025 through 2031. With Smart Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Pumps industry.
This Insight Report provides a comprehensive analysis of the global Smart Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Pumps market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Pumps and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Pumps.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Pumps market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Pumps
Variable Drives
Control Systems
Segmentation by Application:
Building Automation
Water & Wastewater
Oil & Gas
Chemicals
Power Generation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Grundfos
ITT
Sulzer
Flowserve
Xylem
Colfax
Kirloskar Brothers
Regal Beloit
KSB Aktiengesellschaft
Seepex
Wilo SE
Yaskawa Electric
Grunwl
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Pumps market?
What factors are driving Smart Pumps market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Pumps market opportunities vary by end market size?
How does Smart Pumps break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
The use of smart pumps is driven by several factors, including:
1. Enhanced precision and control: Smart pumps offer advanced features that allow for precise and accurate control of fluid flow. They often include sensors, actuators, and automated controls that can adjust flow rates, pressure, and other parameters in real-time. This enhanced precision and control can result in improved process efficiency, reduced waste, and optimal performance.
2. Remote monitoring and control: Smart pumps are equipped with connectivity features that enable remote monitoring and control. This allows operators to monitor pump performance, check operating conditions, and make adjustments from a central control system or even through mobile applications. Remote monitoring and control capability increase operational efficiency, reduce the need for on-site visits, and enable real-time responses to optimize performance.
3. Condition monitoring and predictive maintenance: Smart pumps utilize sensors and data analytics to continuously monitor pump health and performance. By analyzing data on parameters such as temperature, vibration, flow rate, and power consumption, they can detect anomalies, identify issues, and predict maintenance needs. This proactive approach to maintenance can help prevent unexpected shutdowns, reduce downtime, and optimize maintenance schedules.
4. Energy efficiency and cost savings: Smart pumps are designed to optimize energy consumption and reduce operational costs. They can adjust motor speed or flow rate based on demand, ensuring that energy is used efficiently and only when required. By automatically adapting to changing conditions and operating at optimal levels, smart pumps can significantly reduce energy waste, resulting in cost savings over time.
5. Safety and process optimization: Smart pumps often include safety features and automation capabilities that help prevent accidents and optimize process control. They may have fail-safe mechanisms, alarms for abnormal conditions, and automatic shutdown functions to protect against overpressure, overheating, or equipment failure. Additionally, the automation capabilities provided by smart pumps allow for precise and consistent control of fluid flow, ensuring that processes are executed with accuracy and reliability.
6. Compliance and reporting: Some industries require strict compliance with regulations and standards related to pump operations. Smart pumps can facilitate compliance by providing data logging, reporting, and documentation capabilities. They can record and store data on pump performance, flow rates, and operating conditions, enabling easy retrieval and reporting for regulatory purposes.
Overall, the driving factors for the use of smart pumps include enhanced precision and control, remote monitoring and control capabilities, condition monitoring and predictive maintenance, energy efficiency and cost savings, safety and process optimization, and compliance and reporting requirements. These factors highlight the benefits of smart pump technology in improving operational efficiency, reducing costs, ensuring safety, and meeting regulatory standards in various industries, including manufacturing, water treatment, oil and gas, and chemical processing.
LP Information, Inc. (LPI) ' newest research report, the “Smart Pumps Industry Forecast” looks at past sales and reviews total world Smart Pumps sales in 2024, providing a comprehensive analysis by region and market sector of projected Smart Pumps sales for 2025 through 2031. With Smart Pumps sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Pumps industry.
This Insight Report provides a comprehensive analysis of the global Smart Pumps landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Pumps portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Pumps market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Pumps and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Pumps.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Pumps market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Pumps
Variable Drives
Control Systems
Segmentation by Application:
Building Automation
Water & Wastewater
Oil & Gas
Chemicals
Power Generation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Grundfos
ITT
Sulzer
Flowserve
Xylem
Colfax
Kirloskar Brothers
Regal Beloit
KSB Aktiengesellschaft
Seepex
Wilo SE
Yaskawa Electric
Grunwl
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Pumps market?
What factors are driving Smart Pumps market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Pumps market opportunities vary by end market size?
How does Smart Pumps break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
122 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Smart Pumps by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Smart Pumps by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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