Flowserve Pump Division Publishes Hydrocarbon Processing market brochure

The Association of Electrical and Mechanical Trades (AEMT) has published a new guide designed to help users calculate their industrial motors’ total cost of ownership (TCO).

The anticipated size of the end suction pump market in 2022 was US$ 3.93 billion and is estimated to be US$ 4.2 billion in 2023. The market for global end suction pump market is important with the rise in improvement in business and infrastructures worldwide. Further, demand for the end-suction market has hugely expanded with the modernization of agriculture and wastewater treatment in vegetation.

In 2023, the smart water meters market is anticipated to be worth US$ 3695.82 million. By the end of 2033, the estimated market value for smart water metering will be US$ 9586.02 million, up 10% CAGR from current levels. The demand for efficient water usage is rising worldwide, fueled by the threat of water scarcity due to climate change and population growth.

The global heat recovery steam generator market is anticipated at US$ 1.25 billion in 2022. Demand is likely to remain high for heat recovery steam generators during the assessment period. This is due to the increased demand for energy-efficient systems in various end-use industries, garnering US$ 2.03 billion in 2033, recording a CAGR of 4.5% from 2023 to 2033.

Water utilities are increasingly embracing data analytics and digital technology to optimize their operations, save millions for communities and increase water networks’ resilience to climate change. Insights from 18 global water utility leaders and experts that are influential in early-stage digital adoption are featured in a new paper from water technology leader Xylem and Bluefield Research.

According to Future Market Insights, the global automotive pump market is anticipated to attain a valuation of US$ 64.57 Billion in 2023 and is expected to reach US$ 118 Billion by 2033. During the 2023 to 2033 forecast period, the market is slated to proliferate at a CAGR of 6.2%.