Quick Summary:
Take a deep dive into the global water and wastewater industry, a sector undergoing significant transformation. Our research report unearths the opportunities and challenges set to shape the growth trajectory of pump original equipment manufacturers (OEMs), serving as your integral guide to navigating this complex landscape.
Pivotal to this wildly changing scenario, sustainability and digital transformation have emerged as game changers, steering short-, medium-, and long-term strategies. Digital solutions are sparking a revolution in efficiency and infrastructure optimization efforts, leading to an increased adoption of smart sensors, pumps, valves, and water meters by utility companies worldwide. Stay ahead in the curve with our comprehensive revenue forecast for pumps and an analysis of the new service-based models that will rechart the course for OEMs. As this industry continues to evolve driven by substantial changes, identifying the key growth opportunities is of utmost importance. For this, our research serves as your spotlight.
Innovative Business Models that Focus on Net-zero and Circular Economy Goals Influence the Adoption of Smart Pumps
This research outlook provides an overview of the global opportunities and challenges that will influence the growth of pump original equipment manufacturers (OEMs) in the water and wastewater industry.
With sustainability and energy transition being key trends, digital transformation has become the core solution for short-, medium-, and long-term goals. Digital solutions can jump-start efficiency improvement efforts and optimize the infrastructure. As a result, in the last 5 years, there has been significant growth in the adoption of smart sensors, pumps, valves, and water meters by utility companies across the globe.
This research outlook provides revenue forecasts for pumps in the water and wastewater industry and examines new service-based models that will impact OEMs’ prospects. The study analyzes the key factors driving and restraining growth and identifies the key growth opportunities emerging from the changes in this space. The base year is 2021, and the forecast period is 2022 to 2027.