A pump control panel is used to monitor the running status of a motor, to control electric motors that power mechanical pumps, and to check alarm status. A pump control panel comprises components such as pilot devices for operator control, sensors to protect the pump, and power components to control the pump motor. Factors such as growing adoption of IIoT-enabled machinery in the water and wastewater industry and implementation of Industry 4.0 are creating profitable opportunities for the pump control panels market in the forecast period.
MARKET DYNAMICS
The Rising investment in water & wastewater treatment and increasing demand for pump control panels from the chemical industry are driving the growth of the pump control panels market. The COVID 19 impact may restrain the growth of the pump control panels market. Furthermore, Growing adoption of IIoT-enabled machinery in the water and wastewater industry and implementation of Industry 4.0 are anticipated to create market opportunities for the pump control panels market during the forecast period.
MARKET SCOPE
The "Global Pump Control Panels Market Analysis to 2028" is a specialized and in-depth study of the pump control panels market with a special focus on the global market trend analysis. The report aims to provide an overview of pump control panels market with detailed market segmentation by type, power supply end-user, and geography. The global pump control panels market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading pump control panels market players and offers key trends and opportunities in the pump control panels market.
MARKET SEGMENTATION
The global pump control panels market is segmented on the basis of type, power supply, and end-user. On the basis of type the market is segmented into well pump control panels, hydraulic pump control panels, and electric pump control panels. Based on power supply the market is segmented into single phase power and three phase power Based on application the market is segmented into pharmaceutical and medical devices, semiconductor, food and beverage, aerospace, power and energy, chemical industry, oil and gas, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global pump control panels market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The pump control panels market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting pump control panels market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the pump control panels market in these regions.
MARKET PLAYERS
The reports cover key developments in the pump control panels market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from pump control panels market are anticipated to lucrative growth opportunities in the future with the rising demand for pump control panels market. Below mentioned is the list of few companies engaged in the pump control panels market.
The report also includes the profiles of key pump control panels market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Applied Motor Controls LLC
- Emerson Electric Corporation
- Franklin Electric Co., Inc.
- Grundfos Holding A/S
- Hubbell Incorporated (Metron)
- Harper Control Solutions, Inc
- Siemens AG
- S. J. Electro Systems, Inc. (PRIMEX)
- Val-Matic Valve and Mfg. Corporation
- Xylem Inc.