Smart Pump Market Report 2026

The smart pump market size has grown strongly in recent years. It will grow from $1.06 billion in 2025 to $1.14 billion in 2026 at a compound annual growth rate (CAGR) of 7.9%. The growth in the historic period can be attributed to urban water infrastructure expansion, rising industrial water consumption, increasing automation in industrial facilities, demand for energy efficient pumping systems, growth in wastewater treatment projects.

The smart pump market size is expected to see strong growth in the next few years. It will grow to $1.55 billion in 2030 at a compound annual growth rate (CAGR) of 8%. The growth in the forecast period can be attributed to smart city development initiatives, adoption of predictive maintenance technologies, increasing water scarcity concerns, digital transformation of utilities, investments in sustainable infrastructure. Major trends in the forecast period include energy efficient pump operation, predictive maintenance adoption, remote monitoring and control, integration with building management systems, rising demand for smart water management.

The growth in oil and gas production activities is expected to support the expansion of the smart pump market. Oil and gas production involves extracting and processing crude oil and natural gas from underground reservoirs to meet global energy needs. This increase in production is driven by rising energy demand - especially in developing economies - and advancements in extraction technologies such as hydraulic fracturing and horizontal drilling. Smart pumps enhance operational efficiency in oil and gas production by using real-time data and advanced algorithms to monitor and control fluid flow, reducing energy use and operational costs. For example, in February 2024, the U.S. Energy Information Administration, a principal agency of the U.S. Federal Statistical System, reported that the UAE held an estimated 111 billion barrels of proved crude oil reserves at the beginning of 2023, up from 107 billion barrels the previous year. Therefore, rising oil and gas production is driving the smart pump market.

Major companies in the smart pump market are advancing technological solutions such as cordless, sensor-based automatic pump controllers to meet growing demand for efficient water management, energy savings, and convenience in residential and small commercial applications. A cordless sensor-based pump controller is a system equipped with intelligent water-level sensors and control circuitry that eliminates the need for traditional float switches or manual wiring. It automatically starts and stops the pump based on water levels, offering advantages such as improved reliability, prevention of overflow or dry-run conditions, reduced energy consumption, and simplified installation. For instance, in April 2025, CG Pumps, an India-based pump manufacturer, introduced SmartSENSE, India’s first cordless, float-free automatic water pump controller for household water systems. SmartSENSE employs advanced sensing technology to monitor water levels at both the inlet and overhead tank, automatically controlling pump operation without wiring or float switches. Its 1 HP model supports a dynamic head range of 6-50 meters and a discharge capacity of 600-3,300 liters per hour, featuring a 100% copper-wound motor and rust-resistant cast-iron components for durability. Additional features include dry-run protection, multi-tank connectivity, and energy-efficient performance. This innovation highlights how smart pump technologies are transforming domestic water management by integrating automation, sensor-driven control, and energy efficiency.

In December 2023, Atlas Copco Group, a Sweden-based pump manufacturing company, acquired KRACHT GmbH for an undisclosed amount. This acquisition strengthens Atlas Copco’s portfolio of positive-displacement and external gear pumps, expanding its capabilities in industrial pumping and broadening its offerings in fluid measurement and hydraulic drive technologies. KRACHT GmbH is a Germany-based manufacturer specializing in external gear pumps.

Major companies operating in the smart pump market are Schlumberger Ltd., Baker Hughes, Emerson Electric Co., Danfoss A/S, National Oilwell Varco, Xylem Inc., EBARA Pump Europe, Grundfos Holding A/S, Pentair plc, Flowserve Corporation, Sulzer Limited, ITT Corporation, KSB SE & Co. KGaA, Wilo SE, Gorman-Rupp Company, Kirloskar Group, Tsurumi Manufacturing Co., Ltd., Hidrostal AG, M Pumps, Suguna Pumps.

North America was the largest region in the smart pump market in 2025. The regions covered in the smart pump market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart pump market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart pump market consists of sales of submersible pumps, volumetric infusion pumps, and solar-powered pumps. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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