India Digital Pump Controller market
The India Digital Pump Controller market size is expected to grow from US$ Mn in 2018 to US$ Mn by 2026, at a CAGR of 10% during the forecast period.
Digital Pump Controller is an electronic device, which is used to control and monitor electric motors, agriculture pump or submersible pump are operated through mobile phone, App, remote, radiofrequency. The rising usage of solar water pumps in the agriculture and irrigation sector is expected to impelling the demand for digital pump controllers market around the country. Growth of the agriculture sector coupled with unpredictable monsoon and water shortage in some states of India will significantly impel the digital pump market in India. Government investment toward improving the country’s agricultural infrastructure along with policies that offer highly subsidized power supply to farmers, which is encouraging the pump manufacturers in the country.”
However, the lack of awareness and mechanical challenges especially in some rural areas and under-developed countries, which are expected to hamper the market growth at the global level. Some rural areas not being exposed to advanced technologies, and low or no awareness regarding various products that can be operated remotely. Thus, lack of awareness is one of the major challenges faced by the digital pump controllers market.
Based on industry vertical, the India digital pump controller market is segmented into manufacturing, public sector, agriculture, and residential. The agriculture segment is expected to grow at the largest CAGR of XX% during the forecast period, due to the surge in the adoption of water pumps by farmers, mainly in the country. Digital pump controller system is an important part in the development of agriculture sector in India. It has been established efficient irrigation processes has the potential to increase the amount of food industry. Modern technologies integrating in irrigation management systems is one of the ways of enhancing the irrigation processes to improve the use of water and electric power consumption. The manufacturing segment accounted for the highest market of XX% in 2018 due to industrial automation all over the country.
The objective of the report is to present a comprehensive analysis of India Digital Pump Controller market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region.
PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding India Digital Pump Controller market dynamics, structure by analyzing the market segments and project the India Digital Pump Controller market size. Clear representation of competitive analysis of key players by Type, Price, Financial position, Product portfolio, Growth strategies, and Regional presence in the India Digital Pump Controller market make the report investor’s guide.
The report study has analyzed revenue impact of covid-19 pandemic on the sales revenue of market leaders, market followers and disrupters in the report and same is reflected in our analysis.
Scope of the report India Digital Pump Controller Market
India Digital Pump Controller Market by Connectivity
• Conventional Pump Controller
• Mobile/Remote Pump Controller
• Mobile phone
India Digital Pump Controller Market by Distribution Channel
• Third Party
India Digital Pump Controller Market by End Users:
• Food & Beverage
• Oil & Gas
• Textile & Paper
• Public Sector
o Water & Wastewater Treatment
o Pumping Stations
Key players operating on the India Digital Pump Controller market
• Proton Electronics
• Nelso technologies Pvt Ltd.
• Beat Pump (India) Pvt Ltd. Coimbatorre
• Ravideep Electronics
• Niagara Solution
• C&S Electric Limited
• Dwyer Instruments, Inc.
• Kirloskar Brothers Limited
• Precision Digital Corporation
• Remote Control Technology
• Spring (Europe) L
Author Signature :