Subjects: PSF, MRR
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
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.
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.
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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
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