This growth opportunity analysis provides an overview of the global opportunities and challenges that will influence the growth of pump original equipment manufacturers (OEMs) in the water and wastewater sector. With sustainability and energy transition being key developments, digital transformation has become the core solution for short-, medium-, and long-term goals. Digital solutions can jump-start efficiency improvement efforts and optimize the infrastructure.
• As a result, in the last 5 years, there has been significant growth in the adoption of smart sensors, pumps, valves, and water meters by utility companies across the globe.
• This analysis examines new service-based models that will impact OEMs’ prospects.
• It also analyzes the key factors driving and restraining growth and identifies the key growth opportunities emerging from the changes in this space.
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