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Global Fire Pump Market Is Estimated to Expand at a CAGR of 3.3% During the Forecast Period 2017-2025 – QY Research

The Fire Pump market was valued at 1320 Million US$ in 2017 and is projected to reach 1720 Million US$ by 2025, at a CAGR of 3.3% during the forecast period.

 

Los Angeles, CA -- (SBWIRE) -- 01/10/2019 -- Global Fire Pump Market report is designed in a method that helps readers to acquire a complete knowledge about the overall market scenario for the projected period. This Market report consists of the brief profile of key players in the industry and their upcoming market plans and current developments during the forecasted period 2018 to 2025.

The report of global Fire Pump market includes the competitive landscape section which provides the full and in-depth analysis of the current market trends, changing technologies and developments that will be beneficial for the companies, which are competing in the market. The report offers an overview of revenue, demand, and supply of data, futuristic cost, and growth analysis during the projected the year.

A fire pump is a part of a fire sprinkler system's water supply and can be powered by electric, diesel or steam. The pump intake is either connected to the public underground water supply piping, or a static water source (e.g., tank, reservoir, lake). The pump provides water flow at a higher pressure to the sprinkler system risers and hose standpipes.

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There are generally three types of drive power used for fire pump, which include diesel engine, petrol engine and electric motors. Petrol motors are commonly used for portable fire pump and light duty firefighting. The main manufacturers of petrol motors for fire pumps include Honda, Briggs & Stratton and other regional brands. Diesel engines are suitable for firefighting application in factory, building, pier and other high capacity fire pumps. Worldwide, the main manufacturers of fire pumps are Pentair, Grundfos and Flowserve. The three enterprises are famous in the fire pump industry because of wonderful product performance and related services. Electric motors are the most widely used drive power for fire pumps, which is efficient and convenient. In 2016, electric motor power fire pumps occupied about 50% of the total fire pumps market.

Currently, North America is the largest production region of fire pump based on revenue; in 2016, North America holds about 33% revenue share of global fire pump. It is followed by Europe and Japan, which respectively have around 32% and 15% of the global total industry. Other countries have a small amount of production. Geographically, developing countries such as China and India are becoming more and more important in the market and investors should pay more attention to these countries.

For price trend analysis, a key variable in the performance of fire pump producers is raw material costs, specifically the speed at which any increase can be passed through to customers. Over the past five years, the price of fire pump has experienced a reducing trend.

The Fire Pump market was valued at 1320 Million US$ in 2017 and is projected to reach 1720 Million US$ by 2025, at a CAGR of 3.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Fire Pump.

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This report includes the following manufacturers; we can also add the other companies as you want.

Pentair

Grundfos

Flowserve

Sulzer

Rosenbauer

IDEX

Ebara

Waterous

ITT

KSB

WILO

Darley

SHIBAURA

Shanghai Kaiquan

Panda Group

LIANCHENG Group

CNP

PACIFIC PUMP

Shaanxi Aerospace Power

EAST PUMP

ZHONGQUAN Pump

GeXin Pump

Market Segment by Product Type

Diesel Engine Power

Gasoline Engine Power

Electric Motor Power

Others

Market Segment by Application

Industry Application

Commercial Application

Field Emergency

Others

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