Market Insights - Industry Research Report

Fire Pump Market

Fire Pump Market Size, Share, Growth Report by Product Type, By Power for Operating, By Application, and By Region – Global and Regional Industry Overview, Premium Insights, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2023 – 2030

Global Fire Pump Market is estimated to be valued at US$ 550.38 Million in 2023 and is projected to increase US$ 729.15 Million in 2030 at a CAGR of 4.1% in the forecast period from 2023 to 2030.

Fire Pump Overview

A fire pump is a water sprinkler system that is used to put out fires and can be powered by steam, diesel, or electricity. The underground water supply line or a fixed water source (tank, lake, or reservoir) is where the fire pump is linked. It is also known as firefighting equipment that can quickly deliver a significant amount of water to put out a fire and is simple to transport to the scene of an event. It is specifically made to boost water pressure, which causes fire to be put out quickly. Many water-based fire prevention systems depend heavily on fire pumps to function. It is primarily found in industrial zones, business complexes, and residential structures where it is necessary to spray high-pressure water on elevated locations in the event of a fire.

Market Dynamics
  • The two key factors driving the global market for fire pumps are an expanding application sector and a rise in fire threats that occur globally. Rising energy demand, emerging economies, and an increase in uses in commercial and residential buildings, airports, and industrial buildings are among the factors driving the rise. This equipment is in greater demand as both urbanization and industrialization are on the rise. The most dangerous industries, like those that produce combustible products, refineries, and the oil and gas sector, need fire pumps for safety reasons, which drives the market. The industry is also being stimulated by an increase in sludge handling and irrigation operations globally.
  • An increase in the number of unexpected fire outbreaks in different industrial and residential sectors is driving up demand for fire pumps worldwide. Global manufacturing industry growth is accompanied by an increase in fire danger risk. This kind of risk is closely related to combustible production sectors like the chemical, oil & gas, and refinery industries. Similarly to this, the majority of residential buildings have installed fire pumps on the premises of their buildings for safety reasons in the event of a fire incident at those specific structures. However, as residential construction expansion is accelerated by the rate of global urbanization, the demand for fire pumps also rises. Thus, the industrial and residential sectors’ most significant demand for fire pumps drives the global market, which is expected to continue growing over the future years.
Segmentation

Key Segments Profiled in the Fire Pump Market Report:

By product Type, the Fire Pump Market is segmented as:

  1. horizontal split case
  2. vertical split case
  3. vertical in line
  4. vertical turbine
  5. end suction

By Power for Operating, Fire Pump Market is segmented as:

  1. electric fire pumps
  2. diesel fire pumps
  3. steam turbine
  4. dual fire pumps

By Application, the Fire Pump Market is segmented as:

  1. irrigation
  2. sludge handling
  3. wastewater
  4. boiler feed
  5. stormwater handling
  6. others

By Region, Fire Pump Market is segmented as:

  1. North America
  2. Latin America
  3. Europe
  4. East Asia
  5. South Asia & Pacific
  6. Middle East & Africa (MEA)
Regional

North America is expected to be the leading market for fire pump drives due to its high production of these drives, which are also manufactured in Europe and Japan. The Asia Pacific region, particularly developing economies like China and India, is also projected to contribute significantly to the market’s revenue due to high product consumption. As urbanization and industrialization trends continue to grow in the region, the demand for fire pump drive power is expected to increase.

Key Players

Key players operating in the Global Fire Pump Market include Xylem Inc., Grundfos Pumps Corporation, Pentair Ltd, CET Fire Pumps Mfg. Inc., Eaton, Waterous, NAFFCO, Armstrong Fluid Technology, Canariis Corporation, and others.

Scope of the Fire Pump Market Report

Attribute Details

Market Size Value in 2023

550.38 Million

Revenue Forecast in 2030

729.15 Million

Growth Rate

CAGR of 4.1% from 2023 to 2030

Base Year for Estimation

2022

Historical Data

2017 to 2022

Forecast Period

2023 to 2030

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR from 2023 to 2030

Report Coverage

Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis

Segments Covered

    1. Product Type
    2. Power Operating
    3. Application
    4. Region

Regions Covered

    1. North America
    2. Latin America
    3. Europe
    4. East Asia
    5. South Asia & Pacific
    6. The Middle East and Africa (MEA)

Key Countries Covered

    1. The US
    2. Canada
    3. Mexico
    4. Brazil
    5. Germany
    6. The UK
    7. France
    8. BENELUX
    9. Italy
    10. Spain
    11. Russia
    12. China
    13. Japan
    14. India
    15. Turkey
    16. South Africa
    17. Northern Africa
    18. GCC Countries
    19. ANZ

Key Companies Profiled

    1. Xylem Inc.
    2. Grundfos Pumps Corporation
    3. Pentair Ltd.
    4. CET Fire Pumps Mfg. Inc.
    5. Eaton
    6. Waterous
    7. NAFFCO
    8. Armstrong Fluid Technology
    9. Canariis Corporation

Customization & Pricing

Available upon Request

Frequently Asked Questions

In 2023, the value of the Fire Pump Market reached over US$ 550.38 Million.
During the forecast period, the Global Fire Pump Market is estimated to expand at a CAGR of 4.1 % from 2023 to 2030.
The Global Fire Pump Market is projected to reach US$ 729.15 Million by the end of 2030.
North America and East Asia are projected to lead the Global Fire Pump Market in the forecast period.
The key players operating in the Global Fire Pump Market are Xylem Inc., Grundfos Pumps Corporation, Pentair Ltd, CET Fire Pumps Mfg. Inc., Eaton, Waterous, NAFFCO, Armstrong Fluid Technology and Canariis Corporation. and others.

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