MarkNtel Advisors, a leading market research firm, has showed its latest study titled “Global Fire Pump Market“, offering a detailed industry overview and market perspective. This comprehensive research provides insights into the current state of the market, highlighting recent advancements and emerging trends.
The report combines in-depth quantitative analysis with qualitative analysis; it ranges from macro-overviews of the overall market size, industry chain, and market dynamics to micro details of segment markets. This, as a result, provides a thorough overview of the industry under study as well as a profound understanding of all of its important features.
Analysis and Insights into the Global Fire Pump Market: 2023-2028
The Global Fire Pump Market size was valued at around USD 1.5 billion during 2022 & is projected to grow at a CAGR of around 7.57% during the forecast period, i.e., 2023-28.
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Global Fire Pump Market Opportunity:
Government Initiatives to Promote Green Buildings Globally – The rise in the construction of green buildings has been witnessed over the past few years, with the growing necessity for adopting sustainable construction methods to reduce carbon emissions of greenhouse gas released by the construction industry. The building & construction industry accounts for more than two-thirds of the total greenhouse gas that releases globally. In this context, the construction sector has a tremendous opportunity to reduce greenhouse gas emissions.
The surge in the number of sustainable buildings resulted in stimulating the demand for fire pumps. These buildings have certain standards & regulations for fire protection & safety, such as National Fire Protection Association (NFPA): NFPA 72, National Fire Alarm Code; NFPA 2001, Standard on Clean Agent Fire Extinguishing Systems, etc. Hence, the growing number of green buildings across the country, owing to the rising government initiatives, would provide a lucrative opportunity for the Global Fire Pump Market during 2023-28.
Global Fire Pump Market Segmentation:
The Global Fire Pump Market is categorized in to different segments. Analyzing growth across these segments enables a comprehensive understanding of key growth areas within the industry. This segmentation provides valuable market insights, empowering stakeholders to make strategic decisions and identify primary market applications effectively.
By Mode of Operation
-Diesel Fire Pump – Market Size & Forecast 2018-2028, (USD Million)
-Steam Turbine – Market Size & Forecast 2018-2028, (USD Million)
-Electric Fire Pump – Market Size & Forecast 2018-2028, (USD Million)
-Dual Fire Pump – Market Size & Forecast 2018-2028, (USD Million)
By Product Type
-Horizontal Split Case- Market Size & Forecast 2018-2028, (USD Million)
-Vertical Split Case- Market Size & Forecast 2018-2028, (USD Million)
-Vertical Turbine- Market Size & Forecast 2018-2028, (USD Million)
-Vertical In-line- Market Size & Forecast 2018-2028, (USD Million)
-End Suction- Market Size & Forecast 2018-2028, (USD Million)
By End Users
-Residential – Market Size & Forecast 2018-2028, (USD Million)
-Commercial- Market Size & Forecast 2018-2028, (USD Million)
-Industrial- Market Size & Forecast 2018-2028, (USD Million).
Geographical Analysis into the Global Fire Pump Market:
- North America
- South America
- Europe
- Asia-Pacific
- Middle East and Africa
Competitive Landscape and Global Fire Pump Market Share Analysis:
The competitive landscape of the Global Fire Pump Market includes comprehensive details about competitors. These details encompass company overviews, financial performance, revenue generation, market potential, investments in research and development, new market strategies, production facilities, strengths and weaknesses, product launches, ongoing trials, approvals, patents, product range, dominant applications, and technology life cycle.
The report features major players including:
Flowserve, Sulzer, Pentair, Grundfos, IDEX, Ebara, Roserbauer, ITT, KSB, WILO, Others (Waterous, Shibaura, etc).
Market research studies from MarkNtel Advisors are offered in PDF, Excel and PowerPoint formats. Within 24 hours of the payment being successfully received, the report will be sent to your email address.
Questions Addressed in this Study
- What factors are driving the Global Fire Pump Market growth?
- How is the Global Fire Pump Market expected to grow over the next five years?
- What are the key insights into the current trends in the Global Fire Pump Market?
- What is the current size of the Global Fire Pump Market, and how is it projected to change in the future?
- What is the future outlook for the Global Fire Pump Market in terms of technological advancements and market expansion?
Why choose MarkNtel?
MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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