Technavio Announces the Publication of its Research Report – Global Pumps Market in Water and Wastewater Treatment Sector 2017-2021

Technavio recognizes the following companies as the key players in the global pumps market in water and wastewater treatment sectorFlowserve, Grundfos, ITT, KSB, Sulzer, and Wilo:

Other Prominent Vendors in the market are: BBA pumps, Blue-White Industries, General Electric Power, SPP Pumps, and Xylem.

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Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is Use of ultrasonic level sensors for pump control. Level sensors are used for detecting the level of fluids. They are used in wastewater treatment for pump control. With the help of a level, sensors pump characteristics such as rotational speed can be continuously monitored and significant changes can be tracked. Ultrasonic level sensors are finding increasing applications for pump monitoring in the water and wastewater industry. The greatest advantage that ultrasonic level sensors present is that they are non-contacting sensors and are unaffected by the change in temperature, pressure, viscosity and other fluid dynamics. This also means that they are less prone to fouling, which results in lower maintenance cost.”

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According to the report, one of the major drivers for this market is Emerging filtration technologies. In the last few years, conventional filtration techniques were the preferred choice for separation in water and wastewater treatment plants, owing to their low cost. However, several plants are now incorporating innovative filtration techniques. For instance, membrane technology is a filtration technique that is becoming increasingly popular due to its minimal use of chemicals, lower maintenance cost, and high degree of water quality. Its low use of chemicals has made it an ideal green technology for wastewater treatment in industries such as oil and gas that are subject to stringent regulations. Membrane bioreactor (MBR) is one such membrane filtration technology that has gained popularity in industrial wastewater treatment. With an increase in water quality standards and the emergence of new types of contaminants, the demand for new membrane technology has been increasing.

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Further, the report states that one of the major factors hindering the growth of this market is High equipment and operation cost. A large amount of electric power is required to transfer water through pumps. A typical wastewater treatment plant requires 30% to 40% of energy. With the rise in energy prices, utility costs are increasing, which has plummeted operating costs of equipment such as pumps in water treatment plants, as these are one of the major consumers of electric power. Pumps are also prone to corrosion problems, sludge accumulation, and severe water flow, which require frequent replacement. These increasing costs have limited the growth potential for pumps in the water and wastewater treatment sector.

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The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.