Industrial Pump Control Panels Market 2017-2021

Overview of the global industrial pump control panels market

Research analysis on the global industrial pump control panels market identifies that the increased rate of urbanization and industrialization will be one of the major factors that will have a positive impact on the growth of the market. Technavio's market research analysts predict that this market will grow at a CAGR of nearly 6% by 2021. Increasing growth rates in the urban population drives the market of pump controllers in the commercial and residential sectors and industries such as the water and wastewater industry. This has paved the way for pump control panels to be used for industrial purposes. Moreover, the rise in industrialization has increased number of new industrial plants globally driving the need for safety systems like fire pumps. Industries, such as oil and gas, power, and pharmaceuticals, susceptible to fire breakouts is rising the need for well-structured fire safety systems along with controllers to monitor such systems. The increasing demand for fire pumps and the pump control panels is projected to grow during the forecast period.

In terms of geographic regions, the Americas will be the major revenue contributor to the industrial pump control panels market throughout the forecast period. The implementation of industry 4.0 and rising adoption of IIoT-enabled machinery in the water and wastewater industry will drive the growth of the market in the region.

Competitive landscape and key vendors  

Due to the presence of numerous local, regional, and international players, the industrial pump control panels market is quite fragmented. The industrial pump control panel market vendors are looking at differentiating the products by innovation. The water and wastewater industry is the main target for the companies in this market due to the immense scope for the use of industrial pump control panels in this industry. Also, the government initiatives in APAC and EU are propelling the growth of the market and the development of new products with cutting-edge technology.

The leading vendors in the market are -

• Grundfos

• See Water

• Siemens

• Rockwell Automation

• Xylem

The other prominent vendors in the market are AMC, Emerson Electric, Fraklinwater, Harper control solutions, Metron, Primex, Val-Matic, Wastech, and Zoeller.

Segmentation by type and analysis of the industrial pump control panels market

• Single-phase power

• Three-phase power

During 2016, the three-phase power segment accounted for the major shares of the industrial pump control panels market. Factors such as the increased usage of three-phase power industrial pump control panel in industries such as the oil and gas, chemical and petrochemical, mining, food and beverage, and power will contribute to the growth of this industry segment in the coming years.

Segmentation by end-user and analysis of the industrial pump control panels market

• Water and wastewater industry

• Oil and gas industry

• Chemical and petrochemical industry

• Mining industry

As per this market research report, the water and wastewater industry will hold the maximum share of the industrial pump control panels market until 2021. The high usage of industrial pump control panels in applications such as sewage, dewatering, and well stations in the water and wastewater industry and the increased investments by governments, will drive the growth of the market in this segment.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?

• What are the key factors driving the global industrial pump control panels market?

• What are the key market trends impacting the growth of the global industrial pump control panels market?

• What are the challenges to market growth?

• Who are the key vendors in the global industrial pump control panels market?

• What are the market opportunities and threats faced by the vendors in the global industrial pump control panels market?

• Trending factors influencing the market shares of the Americas, APAC, and EMEA.

• What are the key outcomes of the five forces analysis of the global industrial pump control panels market?

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This upcoming market research report on the global industrial pump control panels market is an integral part of Technavio's industrial automation portfolio and offers key insights into the market space for the automation sector. The upcoming research report on the global industrial pump control panels market also examines the market size, demand across geographic regions, and growth rate to assist the client in their business decisions.

To gain accurate data and insights on this industry, research experts at Technavio conduct in-depth primary and secondary research by collecting data from suppliers, manufacturers, industrial users, consumers, and other key stakeholders. Vendor analysis and market share and market size assessment are some of the qualitative analysis tools used to generate an understanding of the market and provide the client with a valuable source of competitive intelligence.

The report also analyzes the market and its potential for each geographic segments such as the Americas, EMEA, and APAC to help the client in devising effective business strategies. Our analysts have observed that the growth of this market might be attributed to the increasing demand from the water and wastewater treatment market, which is the largest application area for industrial pump control panels. This upcoming market research report on the global medical mobility aids market also covers vendors like This upcoming market research report on the global industrial pump control panels market also includes an analysis of both major and niche vendors like Eaton and Primex Control.

The upcoming research report on the global industrial pump control panels market also offers an analysis of the market potential, emerging trends, key drivers, and opportunities and challenges faced by the industry. The report also analyzes the market by gathering data and information from related sectors such as robotics sector.

Our market research methodology for the global industrial pump control panels market

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