|European Intelligent Pumps and Controllers Market—Driving Smart Revolution, Forecast to 2024|
|Advanced Features and Increasing Customer Demands Have Pushed Intelligent Pumps to Evolve Into Smart Pumps|
Increased customer demand to derive maximum output from legacy equipment is driving pump manufacturers to integrate enhanced technological features into existing pumps. They started off integrating Variable Frequency Drives (VFDs) and controllers with the aim of conserving energy, monitoring performance, controlling the speed, and measuring a few vital parameters, but these benefits are beginning to prove insufficient for next-generation automated industries. The rising adoption of Industrial Internet of Things (IIoT) technologies has intensified the need to include capabilities that can transform smart pumps into intelligent pumps.