Hydraulic Fire Water Pumps Market: Introduction
- Hydraulic fire water pump is used for water movement through a fire sprinkler system and to transfer water in an industrial plant or commercial building through manual hose bibs. The pump intake of water is usually connected to the external water supply, whereas in certain cases, it may be connected to the local source of water such as an underground tank, wells, or any other water source.
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Key Drivers of the Global Hydraulic Fire Water Pumps Market
- High demand for innovative firefighting solutions due to the rising number of fire incidences is identified as a key driver of the global hydraulic fire water pumps market. The hydraulic fire water pump features a submersible floating pump system and is preferred as an ideal solution to get pressurized water from stationary sources. Further, the system is appropriate for emergency fire water supply and dewatering from natural calamities.
- Evolving standards and regulations in the field of industrial fire safety is likely to drive the demand for hydraulic fire water pumps. Fire water pumps are critical for providing additional water pressure to a fire protection system. Furthermore, taller buildings or large warehouses usually require a high volume of water during fire accidents which can be accomplished through hydraulic fire water pumps.
Global Hydraulic Fire Water Pumps Market – Key Segments
- The global hydraulic fire water pumps market can be segmented based on type, end-use, sales channel, and region. Based on type, the hydraulic fire water pump market can be classified into single screw pump, twin screw pump, three spindle screw pump, and others. Single screw pumps are largely used in manufacturing industries due to their low-weight and compact design. Based on end-use, the hydraulic fire water pumps market can be categorized into oil & gas, power generation, chemical, mining, manufacturing, and residential. Ongoing expansion of oil & gas refineries is likely to push the demand for offshore hydraulic fire water pumps in the near future. Based on sales channel, the hydraulic fire water pumps market is segmented into direct sale and indirect sale. Direct sales channels are largely preferred to market and sell the pumps in the domestic market.
Asia Pacific Market to Expand at Highest CAGR during the Forecast Period
- By geography, the global hydraulic fire water pumps market is classified into South America (SA), North America (NA), Europe (EU), Middle East & Africa (MEA), and Asia Pacific (APAC).
- Country-level bifurcation of the North America market includes the forecast and analysis for the U.S., Canada, and Rest of North America. The country-level analysis and forecast of the Europe market covers the hydraulic fire water pumps market in the U.K., Germany, France, and Rest of Europe. The country-level analysis and forecast for the Asia Pacific market includes major countries in the region such as India, China, Japan, and Rest of Asia Pacific. Middle East & Africa country-level analysis and forecast for the hydraulic fire water pumps market includes GCC countries, South Africa, and Rest of Middle East & Africa. The South America hydraulic fire water pumps market is categorized into Brazil, and Rest of South America.
- Rapid industrialization and increasing number of fire incidents is likely to drive the demand for hydraulic fire water pumps in Asia Pacific. The Asia Pacific region is one of the fastest developing regions in the world, and covers a widely distributed petrochemical industry. Leading centers of petrochemical production in the region include China, Japan, and South Korea.
Key Players Operating in the Global Market
Key companies operating in the global hydraulic fire water pumps market are focused on strong research & development to provide industry specific solutions. Technology advancement, strategic partnerships and collaborations, and investment in online distribution channels are important strategies of key companies operating in the hydraulic fire water pumps market.
Some of the major companies identified in the global hydraulic fire water pumps market are:
- Framo AS
- Sulzer Ltd.
- Kirloskar Brothers Limited
- Pentair plc
- Hycos Firefighting
- Kosaka Laboratory
- KM Hydraulic Solutions
- US Fire Pump
- Rosenbauer International AG
- W. S. Darley & Co.