Digital Pump Controller Market (By Connectivity: Conventional Pump Controller, Mobile/Remote Pump Controller; By Distribution Channel: Online, Retail [Company-owned, Third-party]; By Industry Vertical: Manufacturing [Food & Beverage, Pharmaceutical, Oil & Gas, Textile & Paper, Chemicals, Biotechnology, Construction], Public Sector [Water & Wastewater Treatment, Pumping Stations], Agriculture, Residential) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Category : ICT | Delivery Format : PDF | Status: Published | Pages : 160

Introduction

The global digital pump controller market is projected worth $13.57 Billion by 2026 and the market is projected to showcase 6.3% CAGR during the forecast period. The market is driven by the rise in the usage of mobile devices.

Market Dynamics

Rise in the usage of solar water pumps, mainly in agriculture and irrigation, is boosting the demand for digital pump controllers across the globe. However, the lack of awareness and mechanical challenges are the factors restricting the growth of the global digital pump controller market. People living in rural areas are generally uneducated and lack inknowledge of operating electronic equipment such as pump controllers via mobile, app, or other systems. Thus, lack of awareness is one of the major challenge faced by the digital pump controllers market.

Market Insights

The rise in technological advancement coupled with sensors is expected to drive the growth of the digital pump controller market.Also, the rise in usage of connected devices such as smartphones, laptops and other devices is projected to fuel the demand of digital pump controllers in the global market.

Market Classification

The global digital pump controller market is segmented into connectivity, distribution channel, industry vertical, and region. On the basis of connectivity, the global digital pump controller market is segmented into convention pump controller and mobile/remote pump controller. On the basis of the distribution channel, the global digital pump controller market is segmented into online and retail. Retail is further sub-segmented into two i.e. company-owned and third-party. On the basis of industry vertical, the global digital pump controller market is segmented into manufacturing, public sector, agriculture and residential. Manufacturing sub-segment is further segmented into food and beverages, pharmaceuticals, oil and gas, textile and papers, chemicals, biotechnology, and constructions. The public sector is further segmented into pumping stations, water, and wastewater treatment. On the basis of region, the global digital pump controller market is segmented Latin America, Europe, Asia Pacific, North America, and Middle East & Africa.

Based on industry vertical, the market has been divided into manufacturing, public sector, agriculture, and residential. The agriculture segment is expected to dominate the global digital pump controller market in the industry vertical segment This is mostly due to the surge in adoption of water pumps by farmers, mainly in the Asia Pacific region. The manufacturing segment has been further divided into food & beverage, biotechnology, oil & gas, textile & paper, pharmaceutical, chemicals, and construction.

Regional Insights

The market in the Asia Pacific is estimated to expand at a higher CAGR during the forecast period. In the Asia Pacific region, the demand for digital pump controllers is mainly driven by agriculture and water and wastewater treatment. The digital pump controller market in the Europe region is expected to grow significantly due to the increasing necessity to decrease the energy consumption of pump controllers. Also, the rising popularity of connected devices such as smartphones and other systems is projected to drive the demand of digital pump controller market. In Europe, factors such as augmented digitization, usage of mobile devices, and online browsing are some of the major factors expected to fuel the growth of the digital pump controller market.

Market Participants

The major players associated with the digital pump controller market include CC&S Electric Limited, Precision Digital Corporation, Sulzer Ltd., Kirloskar Brothers Limited, Dwyer Instruments, Inc., Grundfos, Valmont Industries, Inc. (Vally), Xylem Inc., and Spring (Europe) Ltd, Remote Control Technology, etc.

The key players in the global digital pump controllers market are aiming at forming partnerships with the established players in order to increase their market share by expanding their digital pump controller offerings in the developing nations.

Market Segmentation

Market By Connectivity

  • Conventional Pump Controller
  • Mobile/Remote Pump Controller

Market By Distribution Channel

  • Online
  • Retail
    • Company-owned
    • Third-party

Market by Industry Vertical

  • Manufacturing
    • Food & Beverage
    • Pharmaceutical
    • Oil & Gas
    • Textile & Paper
    • Chemicals
    • Biotechnology
    • Construction
  • Public Sector
    • Water & Wastewater Treatment
    • Pumping Stations
  • Agriculture
  • Residential

Market By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • Australia
    • Rest of Asia-Pacific
  • Latin America
    • Brazil
    • Chile
    • Rest of Latin America
  • Middle East and Africa (MEA)
    • South Africa
    • Saudi Arabia
    • Rest of MEA


Related Reports

WebRTC Market (By Platform Provider: Browser, Mobile, Unified Communication; By Solution: Data Sharing, Video, Voice; By Application: BFSI, E-commerce, Education, Healthcare, IT, Media & Entertainment, Telecom, Others (Energy and Transportation)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Web ongoing correspondence (WebRTC) is an online open source application supporting program to program continuous correspondence. It is an open source application programming interface (API) begun by the World Wide Web Consortium (W3C). WebRTC is perfect with HTML, TCP/IP, and HTTP conventions and utilizations different codecs for a smooth exchange of voice, video, an

Crime Risk Report Market (By Type: Financial & Cybercrime, Property, Personal, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction There are numerous advantages to companies in crime risk reports. For example, the report provides a structured approach to risk management, a better understanding of the context of illegal activity, facilitates decision-making and helps to produce reproducible outcomes. Furthermore, the reports help to identify, assess, analyze and mitigate risks, which ultimately con

Modular Robotics Market (By Product: Residential, Industrial, Automotive, Electronics, Commercial, Rubber & Plastics, Food & Beverages, Pharmaceutical, Metals & Machinery, Others; By Component: Hardware, Software, Services; By Robot Type: Cobots, Articulated Robots, SCARA, Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction The Module Robotics consists of modular magnetic block construction kits which can be mounted to make small robots that are automatically powered. The report suggests that the increasing application of modular robots throughout several vertical industries is expected to increase the demand for modular robots between 2019 and 2026, in order to reduce production costs an

Optical Satellite Communication Market (By Component: Transmitter, Receiver, Modulator, Demodulator; By Application: Backhaul, Earth Observation, Enterprise Connectivity, Last Mile Access, Research and Space Exploration, Surveillance and Security, Telecommunication, Tracking and Monitoring) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction: Optical satellite communication is otherwise called Free-space optical communication (FSO) that utilizes an optical communication innovation which utilizes light proliferating in free space to remotely transmit information for telecommunication or PC organizing. "Free space" indicates vacuum, space, air, or anything comparative. This stands out from utilizing solids,

Storage Area Network (SAN) Solutions Market (By Component: Software, Hardware, Services [Consulting, System Integration, Support, Maintenance], By Technology: Fiber Channel (FC), Fiber Channel Over Ethernet (FCoE), InfiniBand, iSCSI Protocol; By End Use Industry: BFSI, Retail and E-commerce, IT and Telecommunication, Energy and Utility, Government Offices, Education, Aerospace and Defense, Healthcare, Manufacturing, Others (Transportation and Logistics)) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 - 2026

Introduction The report provides analysis of global Storage area network (SAN) solutions market for the period 2016-2026, wherein 2019 to 2026 is the forecast period and 2017 is considered as the base year. According to Acumen Research and Consulting, the global storage area network (SAN) solutions market is expected to grow at noteworthy CAGR around 4.5 % throughout the f

Cart Summary