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According to Arizton, the Demand for Fire Fighting Pump is Booming Tremendously; The Fire Fighting Pump Market is Set to Reach $2.8 Billion by 2028

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News provided by

Arizton Advisory & Intelligence

01 Mar, 2023, 15:54 GMT

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Installation of Innovative Fire Safety Equipment Boosting the Market Growth.

CHICAGO, March 1, 2023 /PRNewswire/ -- According to Arizton's latest research report, the fire fighting pump market will grow at a CAGR of 3.76% from 2022-2028.

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Fire Fighting Pump Market

The global firefighting pump market has a huge opportunity to grow during the forecast period, as continuous innovation in energy efficiency, technological integration, and automation will drive the market growth. The fire fighting pump market has the presence of multiple international and regional companies, such as Grundfos, Peerless Pumps, Rhurpumpen, Rosenbauer, and Kirloskar Brothers. They invest in R&D to continuously upgrade their products in terms of efficiency and fuel consumption. Initiatives like this ensure companies' viable presence in rather competitive surroundings.

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Adopting firefighting equipment such as standpipes, sprinklers, fire alarms, fire detection systems, and fire suppression systems helps industries be better prepared in case of an unfortunate fire incident. This readiness helps industries and organizations to reduce property damage and safeguard human lives. Firefighting pumps have a huge potential as most fire suppression systems require firefighting pumps to deliver the fluid.

FIRE FIGHTING PUMP MARKET REPORT SCOPE

Report Attributes

Details

Market Size (2028)

USD 2.80 Billion

Market Size (2022)

USD 2.24 Billion

CAGR (2022-2028)

3.76 %

Base Year

2022

Forecast Year

2023-2028

Market Segments

Product Type, Fuel Type, End-User, Distribution Channel, and Geography

Geographic Analysis

North America, Europe, APAC, Latin America, and Middle East & Africa

Key Players

Kirloskar Brothers Limited (KBL), Rosenbauer, Xylem INC., Sulzer Ltd, EBARA CORPORATION, Wilo SE, Ruhrpumpen, Pentair, Peerless Pumps, PF Pumpen und Feuerlöschtechnik GmbH, Grundfos Holding A/S, KSB SE & Co. KGaA, C.E.T. Fire Pumps MFG, NAFFCO, and Caterpillar Inc.

Market Dynamics

·         Intensified Fire Season

·         Government Focus Towards Fire Prevention and Safety Regulation

·         Growth In Fire Incidents

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MARKET TRENDS & OPPORTUNITIES

Growth In Construction
Europe's travel and tourism construction industry has many projects in the pipeline. In 2020, 60 new resorts and hotels started their operations. In 2021, Europe witnessed a year-on-year growth of 4-6% in new resorts and hotel construction. These construction activities are expected to boost the fire fighting pumps market by installing fire safety equipment such as standpipes, sprinkler systems, and fire pumps. Further, in APAC, countries like India have invested USD 1.103 billion to develop sports infrastructure between 2022-2025. Approximately 300 sports infrastructural facilities across the country. All these facilities require fire safety equipment, propelling the fire fighting pump market during the forecasted period.

Increase In Wildfire Incidents
Regions of Europe and the U.S. have witnessed an increase in wildfire incidents. In California, there were more than 7,095 incidents in 2021. These incidents are increasing due to extreme climate conditions because of climate crises. Further, Australia is one of the countries that have been affected immensely due to wildfires. The fire season of 2019 was of particular interest as it caused economic damage of more than USD 100 million. It was also responsible for killing or injuring more than 3 billion wildlife populations. Such an increasing number of incidents have gathered the requirements for firefighting pumps.

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REGIONAL INSIGHTS

There is a huge increase in people traveling for leisure and family vacations. Businesses can establish themselves globally with globalization on the horizon. This means that people will often travel to various locations for business purposes. These reasons drive the tourism market across most countries. In 2021, 400 new hotels opened globally. APAC is a dominant region in terms of new hotels opened. In 2021, the region saw a 55 increase in new hotels compared with 2020. In the same year, 80 new hotels opened in North America. The growth in the number of hotels and resorts will ensure the growth of the global firefighting pump market. Around 188 new hotels and resorts were opened in Europe during the second quarter of 2022, according to Lodging Economics. Europe boosts its travel and tourism industry by developing hotels and resorts. In 2021, more than 40 new hotels and resorts were opened across Europe. Hotels and resorts are key contributors to the firefighting pump market.

WHY SHOULD YOU BUY THE REPORT?

  • To enhance the credibility of your strategies.
  • Refine your business plan & growth.
  • Analysis of competitor's performance.

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If our report does not include the information you are searching for, you may contact us to have a report tailored to your specific business needs: https://www.arizton.com/customize-report/3719

KEY VENDORS

  • Kirloskar Brothers Limited (KBL)
  • Rosenbauer
  • Xylem INC.
  • Sulzer Ltd
  • EBARA CORPORATION
  • Wilo SE
  • Ruhrpumpen
  • Pentair
  • Peerless Pumps
  • PF Pumpen und Feuerlöschtechnik GmbH
  • Grundfos Holding A/S
  • KSB SE & Co. KGaA
  • C.E.T. Fire Pumps MFG
  • NAFFCO
  • Caterpillar Inc.

MARKET SEGMENTATION

Product Type

  • Centrifugal Pumps
    • Horizontal Split case
    • Vertical Split case
    • Vertical Inline
    • Vertical Turbine
    • End Suction
  • Positive Displacement Pumps

Fuel Type

  • Electric-powered
  • Diesel-powered
  • Others

End-User

  • Industrial
    • Oil & Gas
    • Marine
    • Mining
    • Others
  • Commercial
  • Residential

Distribution Channel

  • Offline
  • Online

Geography

  • North America
    • US
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Italy
    • Spain
  • APAC
    • China
    • Japan
    • India
    • Australia
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • The UAE
    • Saudi Arabia
    • South Africa

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TABLE OF CONTENT

1 RESEARCH METHODOLOGY

2 RESEARCH OBJECTIVES

3 RESEARCH PROCESS

4 SCOPE & COVERAGE

4.1 MARKET DEFINITION

4.1.1 INCLUSIONS

4.1.2 EXCLUSIONS

4.1.3 MARKET ESTIMATION CAVEATS

4.2 BASE YEAR

4.3 SCOPE OF THE STUDY

4.3.1 MARKET SEGMENTATION BY GEOGRAPHY

5 REPORT ASSUMPTIONS & CAVEATS

5.1 KEY CAVEATS

5.2 CURRENCY CONVERSION

5.3 MARKET DERIVATION

6 PREMIUM INSIGHTS

6.1 OVERVIEW

6.1.1 INCREASED CONSTRUCTION ACTIVITIES

6.1.2 INCREASED FIRE INCIDENTS

6.2 PRODUCT TYPE

6.3 FUEL TYPE

6.4 END-USER

6.5 GEOGRAPHICAL

6.6 VENDOR LANDSCAPE

7 MARKET AT A GLANCE

8 INTRODUCTION

8.1 OVERVIEW

8.2 VALUE CHAIN ANALYSIS

8.2.1 OVERVIEW

8.2.2 RAW MATERIAL SUPPLIERS

8.2.3 MANUFACTURERS/VENDORS

8.2.4 DEALERS/ DISTRIBUTORS

8.2.5 RETAILERS

8.2.6 END-USERS

9 MARKET OPPORTUNITIES & TRENDS

9.1 SHIFT TOWARD ENERGY-EFFICIENT PUMPS

9.2 GROWTH IN CONSTRUCTION ACTIVITIES

9.3 INCREASED NUMBER OF FIRE STATIONS

10 MARKET GROWTH ENABLERS

10.1 INTENSE FIRE SEASON

10.2 GOVERNMENTS' FOCUS ON FIRE PREVENTION & SAFETY REGULATIONS

10.3 INCREASED FIRE INCIDENTS

11 MARKET RESTRAINTS

11.1 EFFECTS OF DIESEL COMBUSTION

11.2 INCREASED RAW MATERIAL & SUPPLY CHAIN COSTS

12 MARKET LANDSCAPE

12.1 MARKET OVERVIEW

12.2 MARKET SIZE & FORECAST

12.3 FIVE FORCES ANALYSIS

12.3.1 THREAT OF NEW ENTRANTS

12.3.2 BARGAINING POWER OF SUPPLIERS

12.3.3 BARGAINING POWER OF BUYERS

12.3.4 THREAT OF SUBSTITUTES

12.3.5 COMPETITIVE RIVALRY

13 PRODUCT TYPE

13.1 MARKET SNAPSHOT & GROWTH ENGINE

13.2 MARKET OVERVIEW

13.3 CENTRIFUGAL PUMPS

13.3.1 MARKET OVERVIEW

13.3.2 MARKET SIZE & FORECAST

13.3.3 MARKET BY GEOGRAPHY

13.3.4 HORIZONTAL SPLIT CASE

13.3.5 MARKET OVERVIEW

13.3.6 MARKET SIZE & FORECAST

13.3.7 VERTICAL SPLIT CASE

13.3.8 MARKET SIZE & FORECAST

13.3.9 VERTICAL INLINE

13.3.10 MARKET SIZE & FORECAST

13.3.11 VERTICAL TURBINE

13.3.12 MARKET SIZE & FORECAST

13.3.13 END SUCTION

13.3.14 MARKET SIZE & FORECAST

13.4 POSITIVE DISPLACEMENT PUMPS

13.4.1 MARKET OVERVIEW

13.4.2 MARKET SIZE & FORECAST

13.4.3 MARKET BY GEOGRAPHY

14 FUEL TYPE

14.1 MARKET SNAPSHOT & GROWTH ENGINE

14.2 MARKET OVERVIEW

14.3 ELECTRIC-POWERED

14.3.1 MARKET OVERVIEW

14.3.2 MARKET SIZE & FORECAST

14.3.3 MARKET BY GEOGRAPHY

14.4 DIESEL-POWERED

14.4.1 MARKET OVERVIEW

14.4.2 MARKET SIZE & FORECAST

14.4.3 MARKET BY GEOGRAPHY

14.5 OTHERS

14.5.1 MARKET OVERVIEW

14.5.2 MARKET SIZE & FORECAST

14.5.3 MARKET BY GEOGRAPHY

15 END-USER

15.1 MARKET SNAPSHOT & GROWTH ENGINE

15.2 MARKET OVERVIEW

15.3 INDUSTRIAL

15.3.1 MARKET SNAPSHOT & GROWTH ENGINE

15.3.2 OIL & GAS INDUSTRY: MARKET OVERVIEW

15.3.3 MARKET SIZE & FORECAST

15.3.4 MARKET BY GEOGRAPHY

15.3.5 MARINE INDUSTRY: MARKET OVERVIEW

15.3.6 MARKET SIZE & FORECAST

15.3.7 MARKET BY GEOGRAPHY

15.3.8 MINING INDUSTRY: MARKET OVERVIEW

15.3.9 MARKET SIZE & FORECAST

15.3.10 MARKET BY GEOGRAPHY

15.3.11 OTHER INDUSTRIES: MARKET OVERVIEW

15.3.12 MARKET SIZE & FORECAST

15.3.13 MARKET BY GEOGRAPHY

15.4 COMMERCIAL

15.4.1 MARKET OVERVIEW

15.4.2 MARKET SIZE & FORECAST

15.4.3 MARKET BY GEOGRAPHY

15.5 RESIDENTIAL

15.5.1 MARKET OVERVIEW

15.5.2 MARKET SIZE & FORECAST

15.5.3 MARKET BY GEOGRAPHY

16 DISTRIBUTION CHANNEL

16.1 MARKET SNAPSHOT & GROWTH ENGINE

16.2 OFFLINE

16.2.1 MARKET OVERVIEW

16.2.2 MARKET SIZE & FORECAST

16.2.3 MARKET BY GEOGRAPHY

16.3 ONLINE

16.3.1 MARKET OVERVIEW

16.3.2 MARKET SIZE & FORECAST

16.3.3 MARKET BY GEOGRAPHY

17 GEOGRAPHY

17.1 MARKET SNAPSHOT & GROWTH ENGINE

17.2 GEOGRAPHIC OVERVIEW

18 NORTH AMERICA

18.1 MARKET OVERVIEW

18.2 MARKET SIZE & FORECAST

18.3 PRODUCT TYPE

18.3.1 MARKET SIZE & FORECAST

18.4 FUEL TYPE

18.4.1 MARKET SIZE & FORECAST

18.5 END-USER

18.5.1 MARKET SIZE & FORECAST

18.5.2 INDUSTRIAL END-USER

18.5.3 MARKET SIZE & FORECAST

18.6 DISTRIBUTION CHANNEL

18.6.1 MARKET SIZE & FORECAST

18.7 KEY COUNTRIES

18.7.1 US

18.7.2 CANADA

19 EUROPE

19.1 MARKET OVERVIEW

19.2 MARKET SIZE & FORECAST

19.3 PRODUCT TYPE

19.3.1 MARKET SIZE & FORECAST

19.4 FUEL TYPE

19.4.1 MARKET SIZE & FORECAST

19.5 END-USER

19.5.1 MARKET SIZE & FORECAST

19.5.2 BY INDUSTRIAL END-USER

19.5.3 MARKET SIZE & FORECAST

19.6 DISTRIBUTION CHANNEL

19.6.1 MARKET SIZE & FORECAST

19.7 KEY COUNTRIES

19.7.1 GERMANY

19.7.2 UK

19.7.3 FRANCE

19.7.4 SPAIN

19.7.5 ITALY

20 APAC

20.1 MARKET OVERVIEW

20.2 MARKET SIZE & FORECAST

20.3 PRODUCT TYPE

20.3.1 MARKET SIZE & FORECAST

20.4 FUEL TYPE

20.4.1 MARKET SIZE & FORECAST

20.5 END-USER

20.5.1 MARKET SIZE & FORECAST

20.5.2 INDUSTRIAL END-USER

20.5.3 MARKET SIZE & FORECAST

20.6 DISTRIBUTION CHANNEL

20.6.1 MARKET SIZE & FORECAST

20.7 KEY COUNTRIES

20.7.1 CHINA

20.7.2 JAPAN

20.7.3 INDIA

20.7.4 AUSTRALIA

21 LATIN AMERICA

21.1 MARKET OVERVIEW

21.2 MARKET SIZE & FORECAST

21.3 PRODUCT TYPE

21.3.1 MARKET SIZE & FORECAST

21.4 FUEL TYPE

21.4.1 MARKET SIZE & FORECAST

21.5 END-USER

21.5.1 MARKET SIZE & FORECAST

21.5.2 BY INDUSTRIAL END-USER

21.5.3 MARKET SIZE & FORECAST

21.6 DISTRIBUTION CHANNEL

21.6.1 MARKET SIZE & FORECAST

21.7 KEY COUNTRIES

21.7.1 BRAZIL

21.7.2 MEXICO

22 MIDDLE EAST & AFRICA

22.1 MARKET OVERVIEW

22.2 MARKET SIZE & FORECAST

22.3 PRODUCT TYPE

22.3.1 MARKET SIZE & FORECAST

22.4 FUEL TYPE

22.4.1 MARKET SIZE & FORECAST

22.5 END-USER

22.5.1 MARKET SIZE & FORECAST

22.5.2 INDUSTRIAL END-USER

22.5.3 MARKET SIZE & FORECAST

22.6 DISTRIBUTION CHANNEL

22.6.1 MARKET SIZE & FORECAST

22.7 KEY COUNTRIES

22.7.1 UAE

22.7.2 SAUDI ARABIA

22.7.3 SOUTH AFRICA

23 COMPETITIVE LANDSCAPE

23.1 COMPETITION OVERVIEW

24 KEY COMPANY PROFILES

24.1 KIRLOSKAR BROTHERS LIMITED

24.1.1 BUSINESS OVERVIEW

24.1.2 PRODUCT OFFERINGS

24.1.3 KEY STRATEGIES

24.1.4 KEY STRENGTHS

24.1.5 KEY OPPORTUNITIES

24.2 ROSENBAUER

24.3 XYLEM INC.

24.4 SULZER LTD

24.5 EBARA CORPORATION

24.6 WILO SE

25 OTHER PROMINENT VENDORS

25.1 RUHRPUMPEN

25.1.1 BUSINESS OVERVIEW

25.1.2 PRODUCT OFFERINGS

25.2 PENTAIR

25.3 PEERLESS PUMPS

25.4 PF PUMPEN UND FEUERLÖSCHTECHNIK GMBH

25.5 GRUNDFOS HOLDING A/S

25.6 KSB SE & CO. KGAA

25.7 CET FIRE PUMPS MFG.

25.8 NAFFCO

25.9 CATERPILLAR INC.

26 REPORT SUMMARY

26.1 KEY TAKEAWAYS

26.2 STRATEGIC RECOMMENDATIONS

27 QUANTITATIVE SUMMARY

27.1 MARKET BY GEOGRAPHY

27.2 NORTH AMERICA

27.2.1 PRODUCT TYPE: MARKET SIZE & FORECAST

27.2.2 FUEL TYPE: MARKET SIZE & FORECAST

27.2.3 END-USER: MARKET SIZE & FORECAST

27.2.4 INDUSTRIAL END-USER: MARKET SIZE & FORECAST

27.2.5 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST

27.3 EUROPE

27.3.1 PRODUCT TYPE: MARKET SIZE & FORECAST

27.3.2 FUEL TYPE: MARKET SIZE & FORECAST

27.3.3 END-USER: MARKET SIZE & FORECAST

27.3.4 INDUSTRIAL END-USER: MARKET SIZE & FORECAST

27.3.5 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST

27.4 APAC

27.4.1 PRODUCT TYPE: MARKET SIZE & FORECAST

27.4.2 FUEL TYPE: MARKET SIZE & FORECAST

27.4.3 END-USER: MARKET SIZE & FORECAST

27.4.4 INDUSTRIAL END-USER: MARKET SIZE & FORECAST

27.4.5 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST

27.5 LATIN AMERICA

27.5.1 PRODUCT TYPE: MARKET SIZE & FORECAST

27.5.2 FUEL TYPE: MARKET SIZE & FORECAST

27.5.3 END-USER: MARKET SIZE & FORECAST

27.5.4 INDUSTRIAL END-USER: MARKET SIZE & FORECAST

27.5.5 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST

27.6 MIDDLE EAST & AFRICA

27.6.1 PRODUCT TYPE: MARKET SIZE & FORECAST

27.6.2 FUEL TYPE: MARKET SIZE & FORECAST

27.6.3 END-USER: MARKET SIZE & FORECAST

27.6.4 INDUSTRIAL END-USER: MARKET SIZE & FORECAST

27.6.5 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST

28 APPENDIX

28.1 ABBREVIATIONS

KNOW MORE ABOUT THE MARKET: https://www.arizton.com/market-reports/fire-fighting-pump-market

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Fire Hose and Nozzle Market - The global fire hose market was valued at USD 540.00 million in 2022, growing at a CAGR of 7%. The market is witnessing continuous growth due to the increasing awareness of fire safety systems among individuals. The need for fire hose and nozzle surges during fire season to prevent destruction, property, and life losses. Additionally, the growing construction of commercial and residential buildings fuels the development of the firefighting systems industry, thereby contributing to the global fire hose and nozzle market demand.

Fire Sprinkler System Market - The global fire sprinkler market is expected to reach USD 15 billion by 2024, growing at a CAGR of close to 10%. The global fire sprinkler market has witnessed tremendous progress in recent years. Growth in home automation, liberalization of the insurance sector, and the increasing popularity of connected fire safety equipment are prime factors driving the global fire sprinkler market.

Data Center Fire Detection and Suppression Market -  The global data center fire detection and suppression market size was valued at USD 1.16 billion in 2021, growing at a CAGR of 7%. Regions such as the Middle East, Africa, and Latin America will be the major areas of opportunity for vendors supplying fire detection and suppression equipment, such as Carrier, Minimax, and SEVO Systems, among others, owing to a rapidly evolving data center market.

Fire Detection and Suppression Equipment Market -  The increasing awareness toward employee safety is a crucial factor driving the global fire detection and suppression equipment market. The fire detection and suppression equipment market will reach USD 15.22 billion by 2024, growing at a CAGR of over 5% during the forecast period. The market growth can be attributed to stringent safety regulations adopted by government agencies over the world. The market witnessed high growth in the APAC region in 2018. While Europe dominates the global fire detection and suppression equipment market, the increased awareness related to safety is fueling market growth in developing economies.

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