The Global Digital Pump Controller Market Size accounted for USD 10.3 Billion in 2023 and is estimated to achieve a market size of USD 20.2 Billion by 2032 growing at a CAGR of 7.9% from 2024 to 2032.
Digital Pump Controller Market (By Connectivity: Conventional Pump Controller, and Mobile/Remote Pump Controller; By Distribution Channel: Online, and Retail; By Industry Vertical: Manufacturing, Public Sector, Agriculture, and Others and By Region: North America, Europe, Asia-Pacific, Latin America, and MEA)
Digital Pump Controller Market Highlights
- Global digital pump controller market revenue is poised to garner USD 20.2 billion by 2032 with a CAGR of 7.9% from 2024 to 2032
- Asia-Pacific digital pump controller market value occupied around USD 4.63 billion in 2023
- Europe digital pump controller market growth will record a CAGR of more than 8.6% from 2024 to 2032
- Among connectivity, the mobile/remote pump controller sub-segment generated notable market share in 2023
- Based on distribution channel, the manufacturing sub-segment generated significant market share in 2023
- Increasing preference for wireless controllers for easier installation and remote access is the digital pump controller market trend that fuels the industry demand
A digital pump controller is an electronic device that manages and automates the operation of pumps, assuring performance and efficiency. It manages pump speed, flow rate, and pressure using digital inputs and outputs, allowing for exact control. This technology frequently includes capabilities like real-time monitoring, remote access, and data logging to improve system management. Digital pump controllers are widely utilized in a variety of applications, such as agricultural for irrigation systems, water and wastewater treatment plants, industrial processes for fluid handling, and residential settings to increase water pressure. They contribute to lowering energy usage and maintenance costs by automating and optimizing pump operations.
Global Digital Pump Controller Market Dynamics
Market Drivers
- Increasing demand for automation in agriculture
- Rising need for energy-efficient pumping systems
- Growing adoption of smart water management technologies
Market Restraints
- High initial cost of smart digital pump controllers
- Limited awareness in developing regions
- Compatibility issues with older pump systems
Market Opportunities
- Integration with IoT and AI for advanced monitoring
- Expansion in developing markets due to rising industrialization
- Growing emphasis on water conservation in urban areas
Digital Pump Controller Market Report Coverage
Market |
Digital Pump Controller Market
|
Digital Pump Controller Market Size 2022 |
USD 10.3 Billion
|
Digital Pump Controller Market Forecast 2032 |
USD 20.2 Billion |
Digital Pump Controller Market CAGR During 2023 - 2032 |
7.9% |
Digital Pump Controller Market Analysis Period |
2020 - 2032 |
Digital Pump Controller Market Base Year
|
2022 |
Digital Pump Controller Market Forecast Data |
2023 - 2032 |
Segments Covered |
By Connectivity, By Distribution Channel, By Industry Vertical, And By Geography
|
Regional Scope |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Key Companies Profiled |
Mitsubishi Electric, Schneider Electric, Honeywell International, ABB, Johnson's Control, Fuji Electric, Danfoss, Emerson, Siemens, Yokogawa Electric, Parker Hannifin, Grundfos, and Emerson.
|
Report Coverage
|
Market Trends, Drivers, Restraints, Competitive Analysis, Player Profiling, Covid-19 Analysis, Regulation Analysis |
Digital Pump Controller Market Insights
The increased use of solar water pumps, particularly in agriculture and irrigation, is driving up global demand for digital pump controllers. However, lack of understanding and mechanical issues are limiting the growth of the global digital pump controller market. People in rural areas are often ignorant and have little knowledge of how to operate electronic equipment such as pump controllers via mobile, app, or other technologies. As a result, one of the most significant challenges facing the digital pump controllers market is a lack of awareness.
The digital pump controller market is predicted to develop as technology advances and sensors become more prevalent. In addition, the increased use of connected devices such as smartphones, laptops, and other devices is expected to drive global demand for digital pump controllers. For instance, according to World Economic Forum, as of January 2023, India has more over 700 Billion smartphone users, 425 Billion of whom lived in rural areas. More than half of all Indians now use smartphones, and the number of active internet users has increased by 45% since 2019, putting rural India at the forefront of the world's smart revolution.
As urban areas face increasing water scarcity and the necessity for effective water management, there is a significant drive for water-saving technologies. Digital pump controllers enable to optimize water usage, reduce waste, and automate water delivery systems. Their capacity to monitor and manage water flow in real time makes them perfect for urban water saving initiatives. This creates an increasing need for digital pump controllers in places that prioritize sustainability and resource efficiency. Moreover, government initiatives for water conservation help to make digital pump controller market at greater heights. For instance, since 2019, the Ministry of Jal Shakti has been implementing the Jal Shakti Abhiyan (JSA) annually. The Hon'ble President of India announced Jal Shakti Abhiyan: Catch the Rain 2023, the fourth in the JSA series, on 04.03.2023 for implementation in all districts (rural and urban).
Digital Pump Controller Market Segmentation
The worldwide market for digital pump controller is split based on connectivity, distribution channel, industry vertical, and geography.
Digital Pump Controller Connectivity
- Conventional Pump Controller
- Mobile/Remote Pump Controller
According to the digital pump controller industry analysis, mobile or remote pump controllers are becoming the preferred choice in the market due to their ease and versatility. These controllers let users to monitor and control pumps from anywhere using their cellphones or computers, making it simple to manage water systems remotely. This is especially important in industries like agriculture and water management, where pumps are frequently found in remote locations. The ability to get real-time updates and make adjustments from a distance saves time, energy, and water.
Digital Pump Controller Distribution Channel
- Online
- Retail
- Company-owned
- Third-party
Online distribution is expected to becoming a dominant avenue. Customers, particularly in the industrial and agricultural industries, benefit from the ease of browsing, comparing, and purchasing controllers online. E-commerce platforms and corporate websites offer thorough product information, user reviews, and technical help, making decisions easier. Furthermore, the growing trend of digitalization and remote work has expedited the shift to online ordering of technical items such as pump controllers.
Digital Pump Controller Industry Vertical
- Manufacturing
- Food & Beverage
- Pharmaceutical
- Oil & Gas
- Textile & Paper
- Chemicals
- Biotechnology
- Construction
- Public Sector
- Water & Wastewater Treatment
- Pumping Stations
- Agriculture
- Others
According to the digital pump controller market forecast, the manufacturing sector is predicted to grow rapidly in the market because these controllers help firms manage fluid systems more efficiently. They provide precise control over pumps, which enhances production operations while reducing energy use. As businesses shift toward automation and smart factories, the demand for digital pump controllers is increasing. As a result, more manufacturers are implementing these technologies to increase productivity and dependability.
Digital Pump Controller Market Regional Outlook
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- India
- Japan
- China
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
The Middle East & Africa
- South Africa
- GCC Countries
- Rest of the Middle East & Africa (ME&A)
Digital Pump Controller Market Regional Analysis
For several reasons, Asia-Pacific dominates digital pump controller market due to rising demand from agriculture and water and wastewater treatment. Additionally, industrialization, agricultural growth, and increased investment in water management systems further contribute to industry’s growth. The region's increasing emphasis on automation and energy-efficient solution fuels demand for these controllers in industries such as manufacturing and agriculture.
The digital pump controller market in Europe is predicted to expand significantly due to the growing need to reduce pump controller energy consumption. Furthermore, the growing use of connected devices such as smartphones and other systems is expected to fuel the digital pump controller market. In Europe, heightened digitization, mobile device usage, and online browsing are among the primary factors projected to drive the growth of the digital pump controller market.
Digital Pump Controller Market Players
Some of the top digital pump controller companies offered in our report include Mitsubishi Electric, Schneider Electric, Honeywell International, ABB, Johnson's Control, Fuji Electric, Danfoss, Emerson, Siemens, Yokogawa Electric, Parker Hannifin, Grundfos, and Emerson.
CHAPTER 1. Industry Overview of Digital Pump Controller Market
1.1. Definition and Scope
1.1.1. Definition of Digital Pump Controller
1.1.2. Market Segmentation
1.1.3. Years Considered for the Study
1.1.4. Assumptions and Acronyms Used
1.1.4.1. Market Assumptions and Market Forecast
1.1.4.2. Acronyms Used in Global Digital Pump Controller Market
1.2. Summary
1.2.1. Executive Summary
1.2.2. Digital Pump Controller Market By Connectivity
1.2.3. Digital Pump Controller Market By Distribution Channel
1.2.4. Digital Pump Controller Market By Industry Vertical
1.2.5. Digital Pump Controller Market By Region
CHAPTER 2. Research Approach
2.1. Methodology
2.1.1. Research Programs
2.1.2. Market Size Estimation
2.1.3. Market Breakdown and Data Triangulation
2.2. Data Source
2.2.1. Secondary Sources
2.2.2. Primary Sources
CHAPTER 3. Market Dynamics And Competition Analysis
3.1. Market Drivers
3.1.1. Driver 1
3.1.2. Driver 2
3.1.3. Driver 3
3.2. Restraints and Challenges
3.2.1. Restraint 1
3.2.2. Restraint 2
3.2.3. Restraint 3
3.3. Growth Opportunities
3.3.1. Opportunity 1
3.3.2. Opportunity 2
3.3.3. Opportunity 3
3.4. Porter’s Five Forces Analysis
3.4.1. Bargaining Power of Suppliers
3.4.2. Bargaining Power of Buyers
3.4.3. Threat of Substitute
3.4.4. Threat of New Entrants
3.4.5. Degree of Competition
3.5. Market Concentration Ratio and Market Maturity Analysis of Digital Pump Controller Market
3.5.1. Go To Market Strategy
3.5.1.1. Introduction
3.5.1.2. Growth
3.5.1.3. Maturity
3.5.1.4. Saturation
3.5.1.5. Possible Development
3.6. Technological Roadmap for Digital Pump Controller Market
3.7. Value Chain Analysis
3.7.1. List of Key Manufacturers
3.7.2. List of Customers
3.7.3. Level of Integration
3.8. Cost Structure Analysis
3.8.1. Price Trend of Key Raw Materials
3.8.2. Raw Material Suppliers
3.8.3. Proportion of Manufacturing Cost Structure
3.8.3.1. Raw Material
3.8.3.2. Labor Cost
3.8.3.3. Manufacturing Expense
3.9. Regulatory Compliance
3.10. Competitive Landscape, 2023
3.10.1. Player Positioning Analysis
3.10.2. Key Strategies Adopted By Leading Players
CHAPTER 4. Manufacturing Plant Analysis
4.1. Manufacturing Plant Location and Establish Date of Major Manufacturers in 2023
4.2. R&D Status of Major Manufacturers in 2023
CHAPTER 5. Digital Pump Controller Market By Connectivity
5.1. Introduction
5.2. Digital Pump Controller Revenue By Connectivity
5.2.1. Digital Pump Controller Revenue (USD Billion) and Forecast, By Connectivity, 2020-2032
5.2.2. Conventional Pump Controller
5.2.2.1. Conventional Pump Controller Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
5.2.3. Mobile/Remote Pump Controller
5.2.3.1. Mobile/Remote Pump Controller Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 6. Digital Pump Controller Market By Distribution Channel
6.1. Introduction
6.2. Digital Pump Controller Revenue By Distribution Channel
6.2.1. Digital Pump Controller Revenue (USD Billion) and Forecast, By Distribution Channel, 2020-2032
6.2.2. Online
6.2.2.1. Online Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3. Retail
6.2.3.1. Retail Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3.2. Company-owned
6.2.3.2.1. Company-owned Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
6.2.3.3. Third-party
6.2.3.3.1. Third-party Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 7. Digital Pump Controller Market By Industry Vertical
7.1. Introduction
7.2. Digital Pump Controller Revenue By Industry Vertical
7.2.1. Digital Pump Controller Revenue (USD Billion) and Forecast, By Industry Vertical, 2020-2032
7.2.2. Manufacturing
7.2.2.1. Manufacturing Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.2. Food & Beverage
7.2.2.2.1. Food & Beverage Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.3. Pharmaceutical
7.2.2.3.1. Pharmaceutical Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.4. Oil & Gas
7.2.2.4.1. Oil & Gas Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.5. Textile & Paper
7.2.2.5.1. Textile & Paper Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.6. Chemicals
7.2.2.6.1. Chemicals Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.7. Biotechnology
7.2.2.7.1. Biotechnology Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.2.8. Construction
7.2.2.8.1. Construction Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3. Public Sector
7.2.3.1. Public Sector Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3.2. Water & Wastewater Treatment
7.2.3.2.1. Water & Wastewater Treatment Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.3.3. Pumping Stations
7.2.3.3.1. Pumping Stations Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.4. Agriculture
7.2.4.1. Agriculture Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
7.2.5. Others
7.2.5.1. Others Market Revenue (USD Billion) and Growth Rate (%), 2020-2032
CHAPTER 8. North America Digital Pump Controller Market By Country
8.1. North America Digital Pump Controller Market Overview
8.2. U.S.
8.2.1. U.S. Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
8.2.2. U.S. Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
8.2.3. U.S. Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
8.3. Canada
8.3.1. Canada Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
8.3.2. Canada Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
8.3.3. Canada Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
8.4. North America PEST Analysis
CHAPTER 9. Europe Digital Pump Controller Market By Country
9.1. Europe Digital Pump Controller Market Overview
9.2. U.K.
9.2.1. U.K. Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.2.2. U.K. Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
9.2.3. U.K. Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
9.3. Germany
9.3.1. Germany Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.3.2. Germany Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
9.3.3. Germany Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
9.4. France
9.4.1. France Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.4.2. France Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
9.4.3. France Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
9.5. Spain
9.5.1. Spain Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.5.2. Spain Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
9.5.3. Spain Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
9.6. Rest of Europe
9.6.1. Rest of Europe Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
9.6.2. Rest of Europe Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
9.6.3. Rest of Europe Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
9.7. Europe PEST Analysis
CHAPTER 10. Asia Pacific Digital Pump Controller Market By Country
10.1. Asia Pacific Digital Pump Controller Market Overview
10.2. China
10.2.1. China Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.2.2. China Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
10.2.3. China Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
10.3. Japan
10.3.1. Japan Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.3.2. Japan Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
10.3.3. Japan Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
10.4. India
10.4.1. India Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.4.2. India Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
10.4.3. India Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
10.5. Australia
10.5.1. Australia Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.5.2. Australia Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
10.5.3. Australia Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
10.6. South Korea
10.6.1. South Korea Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.6.2. South Korea Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
10.6.3. South Korea Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
10.7. Rest of Asia-Pacific
10.7.1. Rest of Asia-Pacific Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
10.7.2. Rest of Asia-Pacific Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
10.7.3. Rest of Asia-Pacific Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
10.8. Asia Pacific PEST Analysis
CHAPTER 11. Latin America Digital Pump Controller Market By Country
11.1. Latin America Digital Pump Controller Market Overview
11.2. Brazil
11.2.1. Brazil Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
11.2.2. Brazil Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
11.2.3. Brazil Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
11.3. Mexico
11.3.1. Mexico Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
11.3.2. Mexico Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
11.3.3. Mexico Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
11.4. Rest of Latin America
11.4.1. Rest of Latin America Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
11.4.2. Rest of Latin America Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
11.4.3. Rest of Latin America Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
11.5. Latin America PEST Analysis
CHAPTER 12. Middle East & Africa Digital Pump Controller Market By Country
12.1. Middle East & Africa Digital Pump Controller Market Overview
12.2. GCC
12.2.1. GCC Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
12.2.2. GCC Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
12.2.3. GCC Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
12.3. South Africa
12.3.1. South Africa Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
12.3.2. South Africa Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
12.3.3. South Africa Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
12.4. Rest of Middle East & Africa
12.4.1. Rest of Middle East & Africa Digital Pump Controller Revenue (USD Billion) and Forecast By Connectivity, 2020-2032
12.4.2. Rest of Middle East & Africa Digital Pump Controller Revenue (USD Billion) and Forecast By Distribution Channel, 2020-2032
12.4.3. Rest of Middle East & Africa Digital Pump Controller Revenue (USD Billion) and Forecast By Industry Vertical, 2020-2032
12.5. Middle East & Africa PEST Analysis
CHAPTER 13. Player Analysis Of Digital Pump Controller Market
13.1. Digital Pump Controller Market Company Share Analysis
13.2. Competition Matrix
13.2.1. Competitive Benchmarking of key players by price, presence, market share, and R&D investment
13.2.2. New Product Launches and Product Enhancements
13.2.3. Mergers And Acquisition In Global Digital Pump Controller Market
13.2.4. Partnership, Joint Ventures and Strategic Alliances/ Sales Agreements
CHAPTER 14. Company Profile
14.1. Mitsubishi Electric
14.1.1. Company Snapshot
14.1.2. Business Overview
14.1.3. Financial Overview
14.1.3.1. Revenue (USD Billion), 2023
14.1.3.2. Mitsubishi Electric, 2023 Digital Pump Controller Business Regional Distribution
14.1.4. Product /Service and Specification
14.1.5. Recent Developments & Business Strategy
14.2. Schneider Electric
14.3. Honeywell International
14.4. ABB
14.5. Johnson's Control
14.6. Fuji Electric
14.7. Danfoss
14.8. Emerson
14.9. Siemens
14.10. Yokogawa Electric
14.11. Parker Hannifin
14.12. Grundfos
14.13. Emerson