The Global Intelligent Pump Market size was valued at $1 billion in 2021, and is projected to reach $2.1 billion by 2031, growing at a CAGR of 7.3% from 2022 to 2031. Intelligent pumps incorporate advanced technologies to offer advanced features, such as automatically variable speed and pressure head of the flow.
As per MRFR analysis, the Intelligent Pumps Market Size was estimated at 8.28 (USD Billion) in 2022. The Variable frequency Pump Market Industry is expected to grow from 8.76 (USD Billion) in 2023 to 14.5 (USD Billion) by 2032. The Intelligent Pumps Market CAGR (growth rate) is expected to be around 5.76% during the forecast period (2024 - 2032).
Source: https://www.marketresearchfuture.com/reports/intelligent-pumps-market-6976