Global Fire Pump Market Projected to Reach USD 1,900.00 Million by 2026

08-Sep-2020 | Facts and Factors

Findings from Facts and Factors report “Fire Pump Market By Type (Diesel Engine Power, Gasoline Engine Power, Electric Motor Power, and Others), By Application (Industry Application, Commercial Application, Field Emergency, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global Fire Pump market in 2019 was approximately USD 1,500.00 Million. The market is expected to grow at a CAGR of around 3.0% and is anticipated to reach around USD 1,900.00 Million by 2026.

Fire Pump Market Size

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The fire pump is a component of the fire sprinkler system’s water supply. The fire pump is usually powered by steam, diesel, or electric supply. The fire pump supplies water flow to the sprinkler system at high pressure. The power for the fire pump is critical in designing the proper fire protection system. The fire pump is always listed and tested by a third-party testing agency before it is used in the fire service. Diesel-driven pumps need fuel storage tanks for storage flammable fluids. An electric-driven fire pump does not need a combustion-driven engine for its process.  

Browse the full “Fire Pump Market By Type (Diesel Engine Power, Gasoline Engine Power, Electric Motor Power, and Others), By Application (Industry Application, Commercial Application, Field Emergency, and Others): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” https://www.fnfresearch.com/fire-pump-market-by-type-diesel-engine-power-1282

Rapid industrialization is one of the most key factors driving the growth of the global fire pump market. The global fire pump market is expected to grow owing to the in-demand by increasing rates of fire in residential areas and manufacturing industries and has raised the demand for fire pumps and an extensive focus on research and development by key players. The growing number of the manufacturing sector is anticipated to witness significant growth in the global fire pump market within the forecast period. Less adoption of fire pumps in undeveloped nations may hamper the market’s growth. Research and development, innovations activities in the technology of the fire pump and increased investment in oil and gas industries are anticipated to open new avenues for the fire pump market in the near future.   

The fire type, the global fire pump market is segmented as gasoline engine power, diesel engine power, electric motor power, and others. Among which the diesel engine power segment was accounted for the major revenue share in the global fire pump market. The innovation in the diesel engine power in recent years is expected to positively impact segment growth. The diesel engine power segment was accounted for nearly 40.0% of the global fire pump industries, in 2019.

On the basis of application, the global fire pump market is categorized into industry application, commercial application, field emergency, and others. Among the above-mentioned segment, the field emergency segment was accounted for more than 40.0% revenue share in 2019. The majority of field fires across the world are ignited by climate variability. The global climate change coupled with the increasing number of wildfire events is anticipated to boost the demand for fire pumps in-field emergency applications. The growth in the oil and gas industry in the past few years has increased the demand for fire pumps in the medical rehabilitation sector.

On the basis of region the fire pump market is segmented into, Asia Pacific, Europe, Middle East & Africa, North America, and Latin America. In 2019, the North American region dominates the fire pump market among all the regions followed by Europe in terms of value.

Report Scope

Report Attribute

Details

Market Size in 2019

USD 1,500.00 Million

Projected Market Size in 2026

USD 1,900.00 Million

CAGR Growth Rate

3.0% CAGR

Base Year

2019

Forecast Years

2020-2026

Key Market Players

Pentair International, Grundfos Holding A/S, Flowserve Corporation, Sulzer Ltd., The Rosenbauer Group, IDEX Corporation, Shibaura fire pump Corporation, Liancheng Group, CNP Pumps India Pvt. Ltd., Pacific Pump, Shaanxi Aerospace Power, Shanghai East Pump Group Co. Ltd., Zhongquan Pump, Ebara Corporation, Waterous Company, Inc., ITT Inc., KSB Aktiengesellschaft, Xylem Dewatering Solutions, Inc., Wilo SE, Armstrong Fluid Technology Limited, Patterson Pump Company, Inc., and Shanghai Kaiquan Pump (Group) Co., Ltd, and Others

Key Segment

By Type, Application, and Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

Purchase Options

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Some of the key players operating in the market include

Pentair International, Grundfos Holding A/S, Flowserve Corporation, Sulzer Ltd., The Rosenbauer Group, IDEX Corporation, Shibaura fire pump Corporation, Liancheng  Group, CNP Pumps India Pvt. Ltd., Pacific Pump, Shaanxi Aerospace Power, Shanghai East Pump Group Co. Ltd., Zhongquan Pump, Ebara Corporation, Waterous Company, Inc., ITT Inc., KSB Aktiengesellschaft, Xylem Dewatering Solutions, Inc., Wilo SE, Armstrong Fluid Technology Limited, Patterson Pump Company, Inc., and Shanghai Kaiquan Pump (Group) Co., Ltd., among others.

This report segments the global fire pump market as follows:

By Type Analysis

  • Diesel Engine Power
  • Gasoline Engine Power
  • Electric Motor Power
  • Others

By Application Analysis

  • Industry Application
  • Commercial Application
  • Field Emergency
  • Others

By Regional Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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