Intelligent Pump Market Expected to Reach $880 Million by 2021
Europe is expected to dominate the market
PUNE, India — The global intelligent pump market is expected to grow from an estimated $613.7 million in 2016 to $880 million by 2021, registering a compound annual growth rate (CAGR) of 7.5 percent from 2016 to 2021, according to a report by MarketsandMarkets.
The global market is set to witness significant growth due to the focus on the water and wastewater treatment sector, the growing building automation sector in North America and Europe, and the growing demand for digital oil fields.