As per this study the Global Fire Pump Market was valued USD XX MN (by revenue) in 2019 and is anticipated to reach USD XX MN by 2026 with a CAGR of XX%.
A fire pump is a component of the water supply of fire sprinkler system. It is basically powered by electric, diesel or steam. The fire pump is usually connected to either a static water source (tank, lake, and reservoir) or an underground water supply piping. The fire pump machine gives high-pressure water flow to the fire sprinkler systems. Fire pump finds application across irrigation, wastewater, sludge handling, boiler feed, and stormwater handling.
Rising incidences of fire at manufacturing industries and residential areas has raised the demand for fire pumps in the last few years. Ongoing industrialization across the world is presumed to fuel the demand for fire pumps over the forecast timeline. A growing number of the manufacturing sector is also expected to fuel the demand for fire pumps. Further, the oil & gas industry is expected to experience substantial growth in the near future, which will augment the demand for fire pumps products.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of fire pump.
The broad fire pump market has been sub-grouped into type and application. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
- Diesel Engine Power
- Gasoline Engine Power
- Electric Motor Power
- Field Emergency
Furthermore, the report comprises of the geographical segmentation which mainly focuses on current and forecast demand for fire pump in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
Global Fire Pump Market Share by Region (Representative Graph)
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the fire pump market include CNP, Darley, East Pump, Ebara, Flowserve, Grundfos, ITT, KSB, Liancheng Group, Pacific Pump, Pentair, Rosenbauer, Shaanxi Aerospace Power, Shibaura, Sulzer, Waterous, and Zhongquan Pump. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand.