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Municipal Pump Market Trends

Report ID: GMI10599
Published Date: Aug 2024
Report Format: PDF

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Municipal Pump Market Trends

The municipal pumps industry is shifting towards increased automation, leveraging advanced technologies to enhance performance and efficiency. Automation is becoming more common, offering significant benefits such as improved operational efficiency and reduced labor costs. These systems enable remote monitoring, allowing for real-time data analysis and management, which helps in promptly addressing issues and optimizing pump performance.

Automation also facilitates predictive maintenance, where data analytics can forecast potential failures before they occur, minimizing downtime and extending equipment lifespan. Overall manufactures are coming up with automated pumps to cater to the growing demand of municipal pumps. For instance, in 2023, Blackmer introduced their smart flow series, featuring advanced IoT capabilities for enhanced remote monitoring and predictive maintenance. Similarly, Cornell pump company released their IntelliPump line, designed to optimize energy consumption and reduce operational costs through sophisticated automation. By focusing on integrating these technologies, manufacturers are not only improving the efficiency and reliability of municipal pumps but also helping municipalities reduce operational costs and extend the lifespan of their equipment driving the market growth.

Authors: Avinash Singh, Sunita Singh

Frequently Asked Questions (FAQ) :

The market size of municipal pump was worth about USD 4.05 billion in 2023 and is anticipated to register a CAGR of 4.4% between 2024 and 2032, driven by the growing urbanization and infrastructure development.

The centrifugal pumps segment of municipal pump market accounted for USD 1.55 billion in 2023 and is expected to reach USD 2.34 billion by 2032, due to their efficiency in water handling and durability.

North American market for municipal pump was crossed USD 1.33 billion in 2023 and is expected to grow at a CAGR of 4.7% through 2032, due to the region's extensive water and wastewater systems that require continuous maintenance, upgrades, and replacements.

Crane Pumps & Systems, EBARA Pumps Americas Corporation, EXAIR LLC, Grundfos Pumps Corporation, Liberty Pumps, MDM Incorporated, NETZSCH Pumps & Systems, Pentair plc, SEEPEX, Inc., and Smith & Loveless Inc.