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2014
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2014
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PR Newswire
LONDON, March 11, 2014
- Entering the smart water grid market will provide growth opportunities for smart pump manufacturers
The enhanced focus on optimising energy consumption and minimising pump lifecycle costs in the water and wastewater industry is boosting the adoption of smart pumps across Europe. Although smart pumps have a higher initial cost than standard pumps, they enable a reduction in the total cost of ownership by lowering maintenance and operation costs. Such cost benefits arising from greater process automation coupled with the increase in efficiency and quality are expected to be important pump selection factors in the European water and wastewater industry.