About Fire Pump
Fire pumps are generally connected to sources of water like storage tanks or wells. Fire pumps are an essential part of many water-based fire protection systems. They are used to increase the pressure of a water source when that source is not adequate for the system it's supplying. The pump provides water flow at a higher pressure to the sprinkler system rises and hose standpipes. Fire pumps function either by an electric motor or a diesel engine, or, occasionally a steam turbine.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
SPP Pumps (United Kingdom), A-C Fire Pump (United States), Peerless Pump Company (United States), Kheir Group (Egypt), Sintech Pumps (India), Pentair Fairbanks Nijhuis (United States), Aurora Pump (United States), Canariis Corporation (United States), Patterson Pump Company (United States), Shakti Pumps (India) and Quadna a DXP Company (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are TURBINE MARINE, INC (United States), Tornatech Inc (United States), Emaco Global LLC (United States) and OCV Control Valves (United States).
Segmentation Overview
AMA Research has segmented the market of Global Fire Pump market by Type (Diesel Engine Power, Gasoline Engine Power, Electric Motor Power and Diesel Engine Power, Gasoline Engine Power, Electric Motor Power )), Application (Industry Application, Commercial Application, Field Emergency and Others) and Region.
On the basis of geography, the market of Fire Pump has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Emerging Automatic Operation In Fire Pump
Market Growth Drivers:
Increase In Demand For Fire Pump In Various Sector
Challenges:
Excessive Damage In Case Of Internal Fault
Restraints:
High Cost Compared To Other Pumps and Excessive Damage In Case Of Internal Fault
Opportunities:
Rapidly Growing Industrialization And Urbanization
Market Leaders and their expansionary development strategies
In April 2022, Johnson Controls, the global leader for smart, healthy and sustainable buildings, today announced the acquired of Powertec Pumps Ltd, a leading provider of pump-related services.
In April 2022, Marioff, a leading developer of water mist fire protection technology, launched the new core of its land fire protection systems: the Marioff HI-FOG® Land Pump Unit (LPU). The pump’s efficiency, space-saving modularity and easy-to-maintain design make the pump cost-efficient during its lifecycle. Marioff is a part of Carrier Global Corporation (NYSE: CARR), the leading global provider of healthy, safe, sustainable and intelligent building and cold chain solutions.
Key Target Audience
Fire Pump Manufactures, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.