Southeast Asia Intelligent Pumps Market

May 2020| VMR2330A| Verified Market Research

Report Highlights

Southeast Asia Intelligent Pumps Market Size And Forecast

According to Verified Market Research, the Southeast Asia Intelligent Pumps Market was valued at USD 57.50 Million in 2018 and is expected to witness a growth of 6.88% from 2019-2026 and reach USD 96.62 Million by 2026.

Southeast Asia Intelligent Pumps Market Outlook

Increasing focus on energy efficiency and growth of IoT is expected to drive the market. The potential for energy savings for intelligent pumps is a compelling one. Intelligent pumps have the ability to improve process control through the reduction of process variability.

High costs of intelligent pumps are expected to hinder the market growth rate over the forecast period.

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