Industrial Internet of Things Adoption and Digitization Ignite Centrifugal Pumps Industry
The North American centrifugal pumps market is witnessing a renaissance with the adoption of Industrial Internet of Things (IIoT), digitization, and next-gen prognosis offering significant growth opportunities and paving the way for smart pumps. The Industrial Automation and Process Control team at Frost & Sullivan expects to see a focus on developing energy-efficient solutions and analytical strategies to cater to end-users’ demand for actionable insights.