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Industrial Pump Control Panels Market Size, Share & Industry Analysis, By Power (Single-phase power, Three-phase power), By Industry (Water & waste-water treatment, Chemical & Petro-chemical, Oil & Gas, Healthcare & Pharmaceuticals, Metal & Mining, Others) And Regional Forecast, 2024-2032

Region :Global | Report ID: FBI106100 | Status : Ongoing

 

KEY INDUSTRY INSIGHTS

A pump Control Panel is utilized to monitor the motor running status, control the electric motors and check alarm status. It comprises of protecting pump sensors, pilot devices for operator control and power component that controls the pump motor. These control panels are primarily utilized across water & waste-water treatment, oil & gas, metal & mining, chemical & petro-chemical and other industrial applications hence, entitled as industrial pump control panels.                                                         


Pump control panel offers real-time monitoring of load on pump motor, temperature rating, dryness of the pump with adjustment of motor speed. These features are bolstering its demand across the applications. Additionally, the leading market participants are rapidly adopting technology developments that in turn, is propelling the high competitive intensity amongst the manufacturers. Moreover, the increasing usage of three-phase powered control panels in well stations, chemical factories, aerospace maintenance, mining applications, etc. is expected to boost the growth of the market globally. Furthermore, the adoption of Industrial IOT-enabled machinery across water treatment industry and rising rate of industrialization are some of the factors that are propelling the growth of the market in the forecast period.             

However, the COVID-19 pandemic has adversely affected the industrial pump control panels market. The abrupt shutting down of the manufacturing facilities has hampered the demand. It has therefore, resulted in the fluctuation of power component prices thus, affected the sales and distribution of pump control panels across the regions. Additionally, the slow-moving electric components’ manufacturing facilities has further negatively affecting the growth of the market across the industry applications.

To minimize the effect, the market participants are maintaining manufacturing operations across the facilities by following the health and safety regulations suggested by health authorities. For instance, since, the COVID-19 pandemic began, Siemens is continuously implementing timely measures to protect its employees and facility workers. This in turn, is expected to boost the market growth. Nevertheless, the second wave is again disrupting the supply chain processes that is resulting the increased downward pressure on the sales of industrial pump control panels.

Up Arrow

Key Market Driver -

• Utilization of Industrial IOT-enabled machinery in Waste-water industry • Rapid demand across agricultural applications

Down Arrow

Key Market Restraint -

• Availability of inferior quality control panels


Key Players Covered:


Key players operating in the global industrial pump control panels market are Siemens, Rockwell Automation, Inc., Emerson Electric Co., Xylem, Zoeller company, Pars Innovations, Inc., Harper Control Solutions, Inc., Wastech Controls & Engineering, Inc., Val-Matic Valve & Mfg. Corporation, Grundfos Holding A/S, See Water Inc., Applied Motor Controls LLC, SJE Inc., Hubbell, Rainharvesting Systems Ltd, Kerr Pump & Supply, POPULAR SYSTEMS, Evoqua Water Technologies, Custom Manufacturing & Engineering, Inc., Horlick Co., Inc., Stacon, and others.

Regional Analysis


North America is expected to dominate the global industrial pump control panels market. It is because, the U.S. is experiencing the rapid demand for pump control panels owing to, heavy waste-water treatment and mining activities. Additionally, as per the secondary research, Mexico is in high demand for pump control panels as the country is facing water supply problems.

The industrial pump control panels market in Asia Pacific is estimated to swell at a rapid pace owing to, the rapid industrialization in India, China and other Southeast Asian countries. Additionally, the growing demand for pump control panels in agricultural applications such as irrigation, chemical injection, dairy farms and horticulture is anticipated to drive the market in the forecast period.

Europe shows strong market growth owing to, increasing demand for industrial pump control panels across chemical, metal and water treatment applications. Additionally, Europe is one of the most developed markets in the globe. Thus, manufacturers including, Grundfos Holding A/S, Siemens, etc. are consistently focusing on customized control panels to handle output pressure easily, especially in industrial applications.

The Middle East & Africa and South America are anticipated to witness steady growth. The countries including, Saudi Arabia, Qatar, South Africa, Egypt, etc., are expanding their industrial applications across oil & gas, chemical and other industries thus, generating an excessive demand for pump control panels. Additionally, the heavy presence of chemical & petro-chemical and oil & gas industries is resulting in accelerated imports across the Middle East countries.

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Segmentation






















  ATTRIBUTE

  DETAILS

By Power



  • Single-phase power

  • Three-phase power



By Industry



  • Water & waste-water treatment

  • Chemical & Petro-chemical

  •  Oil & Gas

  • Healthcare & Pharmaceuticals

  • Metal & Mining

  • Others (Aerospace, etc.)



By Region



  • North America (U.S., Canada and Mexico)

  • Europe (U.K., Germany, Spain, Italy, France, Benelux, Nordics and Rest of Europe)

  • Asia Pacific (China, India, Japan, South Korea, ASEAN, Oceania and Rest of Asia Pacific)

  • Middle East & Africa (Israel, Turkey, GCC, North Africa, South Africa and Rest of the Middle East & Africa)

  • South America (Brazil, Argentina and Rest of South America)



Key Industry Developments



  • December 2020: Xylem launched ‘Avensor’, a cloud monitoring system to remotely monitor pump stations and water assets in real-time from customer’s tablet, PCs or Smartphones.

  • January 2020: Emerson Electric Co. introduced latest portfolio of ‘RXi industrial panel PC products and display to monitor, visualize and enhance the day-to-day production processes across power, water, metals and manufacturing industries.





  • Ongoing
  • 2023
  • 2019-2022

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