The Global Three Phase Industrial Pump Control Panels Market size is predicted to witness a CAGR of 5.19% during the forecast period from 2021-2028, growing at a faster pace in the next few years. Driven by their features and benefits such as energy savings and reduced risk of downtime, these panels are widely used in water & wastewater, oil & gas applications with increasing demand for 3 phase panels over 4 phase ones.
Three Phase Industrial Pump Control Panels is a compact, multi-functional control system unit that can be used for controlling industrial pumps. It has the capacity to monitor and record data remotely from any part of an organization or remote place through wireless communication devices such as mobile phones, computer tablets, etc.
On the basis of Types, the market is segmented into NMEA Type, UL Type, Others.
NMEA Type can be defined as the control panel which can work on the voltage of 120 V to 240 V. The three-phase industrial pump controller has the capability of working with all different types of voltages and frequencies.
UL Type is the most common type of industrial control panel. It delivers three-phase electricity to a machine or device and can be used in non-hazardous locations where other types are not allowed, such as hazardous areas with flammable gases and liquids.
On the basis of Application, the market is segmented into Water & Wastewater, Oil & Gas, Chemical & Petrochemical, Mining, Others.
Water and wastewater are the most common industrial applications. The operation of a water pump is simple with no control logic, allowing it to be controlled by on/off or speed depending upon process requirements. Also, there are various pumps that can work for both purposes simultaneously. This makes them widely used in heavy industries such as chemical plants and refineries where constant flow rates must be maintained at all times while also meeting other quality standards like pressure, pH level, etc.
Three Phase Industrial Pump Control Panels are used in the oil & gas sector for controlling pumps. Industrial pump systems provide a power outlet to enable control of centrifugal, positive displacement, and axial flow type pumps. These industrial pumping stations can be operated with any combination of these types of different velocity pumps.
Three Phase Industrial Pump Control Panels are used for controlling the flow of chemicals and oil in the chemical & petroleum industries. These panels are a complete unit which includes the main panel, control panel, and motor starter. With an electrical connection to the power supply, these panels provide operational data from machine rooms or remote locations such as wellheads, tank farms, etc.
Three Phase Industrial Pump Control Panels are used in the Mining to regulate pump speed and control systems.
On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to dominate the global market in terms of growth rate during the forecast period. The increasing demand for energy from the oil & gas industry is one of the major drivers for the North American industrial pump control panels market.
The Asia Pacific region will witness a lucrative CAGR over the next decade due to rapid development phases and a rise in manufacturing activities across emerging economies, such as India and China.
Rising investments by key players towards electric power projects construction are also driving regional markets are fueling regional Three Phase Industrial Pump Control Panels Market growth on account of Oil & Gas Industry applications across various end-user industries such as chemical & petrochemical, mining, etc., which require high voltage distribution networks that serve both downstream and upstream processes along with providing reliable supply to loads within the range of critical loads.
The increasing number of projects across developing countries is further expected to fuel the global three-phase industrial pump control panels market over the next few years. Moreover, growing awareness towards energy optimization by using advanced equipment among end-users is anticipated to provide opportunities for players operating in this industry in near future. However, the high installation costs will hinder the expansion of these devices during the forecast period 2021-2028.
Up Market Research published a new report titled “Three Phase Industrial Pump Control Panels Market research report which is segmented by Types (NMEA Type, UL Type, 3R Type, Others), By Applications (Water & Wastewater, Oil & Gas, Chemical & Petrochemical, Mining, Others), By Players/Companies Grundfos, Xylem, Sulzer, ABB, Siemens, Rockwell Automation, KSB, Ebara, Tsurumi Pump, Zoeller, Franklin Electric, Infiltrator Water Technologies, Eaton, Zenit, Primex, Guangzhou Baiyunpump Group”.
Report Attributes | Report Details |
Report Title | Three Phase Industrial Pump Control Panels Market Research Report |
By Type | NMEA Type, UL Type, 3R Type, Others |
By Application | Water & Wastewater, Oil & Gas, Chemical & Petrochemical, Mining, Others |
By Companies | Grundfos, Xylem, Sulzer, ABB, Siemens, Rockwell Automation, KSB, Ebara, Tsurumi Pump, Zoeller, Franklin Electric, Infiltrator Water Technologies, Eaton, Zenit, Primex, Guangzhou Baiyunpump Group |
Regions Covered | North America, Europe, APAC, Latin America, MEA |
Base Year | 2020 |
Historical Year | 2018 to 2019 (Data from 2010 can be provided as per availability) |
Forecast Year | 2028 |
Number of Pages | 231 |
Number of Tables & Figures | 162 |
Customization Available | Yes, the report can be customized as per your need. |
The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.
The market is segmented by Type NMEA Type, UL Type, 3R Type, Others and By Application Water & Wastewater, Oil & Gas, Chemical & Petrochemical, Mining, Others.
Some of the companies that are profiled in this report are:
Three Phase Industrial Pump Control Panels Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.
Key Benefits for Industry Participants & Stakeholders:
Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
We have studied the Three Phase Industrial Pump Control Panels Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.
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