Fire Pump Drive Power Market Growth Opportunities, Driving Factors by Manufacturers and Forecast Analysis to 2025
The Fire Pump Drive Power market was valued at 320 Million US$ in 2017 and is projected to reach 430 Million US$ by 2025, at a CAGR of 3.8% during the forecast period
Los Angeles, CA -- (SBWire) -- 10/02/2018 --This study focuses on the production side and consumption side of Fire Pump Drive Power, presents the global Fire Pump Drive Power market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
In terms of production side, this report researches the Fire Pump Drive Power capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.
In terms of consumption side, this report focuses on the consumption of Fire Pump Drive Power by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.
Fire pump drive power is a kind of device which provide power for the fire pump. The fire pump drive power includes electric motor, diesel engine and petrol engine.
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 diesel engines are Clarke, Cummins and Caterpillar. 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. There are large number of manufacturers of electric motors those can be used on fire pump.
Currently, North America is the largest production region of fire pump drive power based on revenue; in 2016, North America holds about 38% revenue share of global fire pump drive power. It is followed by Europe and Japan, which respectively have around 29% and 15% of the global total industry. Other countries have a small amount of production. Geographically, China has been the the largest consumption market in the world since 2014, which took about 26.5% of the global consumption volume in 2016.
For price trend analysis, a key variable in the performance of fire pump drive power 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 drive power has experienced a reducing trend.
For forecast, the global fire pump drive power revenue would keep increasing with annual growth rate with 3~5%, and a little higher speed in China and South Asia. We tend to believe that this industry still has a bright future, considering the current demand of firefighting.
The Fire Pump Drive Power market was valued at 320 Million US$ in 2017 and is projected to reach 430 Million US$ by 2025, at a CAGR of 3.8% 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 Drive Power.
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This report includes the following manufacturers; we can also add the other companies as you want.
Briggs & Stratton
Market Segment by Product Type
Market Segment by Application
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