High-pressure Pump for Fixed Firefighting Misting System Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032
Growth Factors of High-pressure Pump for Fixed Firefighting Misting System Market
The High-pressure Pump for Fixed Firefighting Misting System market size was valued at USD 149.9 million in 2023, and the market is now projected to grow from USD 157.8 million in 2024 to USD 235.1 million by 2032, exhibiting a CAGR of 5.9% during the forecast period of 2024-2032.
The flare-up of COVID-19 has caused a worldwide wellbeing crisis, coming about within the abating down of exchange and generation units, influencing different industry verticals. In expansion, the widespread has affected distinctive businesses in numerous ways such as the need of agent staff, underinvestment, closure of mechanical plants, and restricted worldwide exchanges to market the items. Moreover, travel limitations forced by person nations or districts affect the suppliers' capacity to make and convey merchandise on time, which might lead, in turn, to producers being incapable to fulfill their commitments toward clients on time.
Rising fire perilous concerns among cloud-based benefit suppliers, database supervisors, car stopping parts, legacy places, and others are expanding the request for high-pressure pumps to be utilized in security gadgets such as settled firefighting moistening frameworks. The increment in request for forte application over commercial & mechanical segments, such as stopping parcels, water fog for information centers, ro-ro rooms, eateries, and others, has stirred the require for fire security measures. Typically impelling the commerce scene for the high-pressure pump for fixed firefighting misting system market growth.
The surge in advanced appropriation has brought mechanical progressions, moving forward work/applications over all segments. Advanced instruments, such as PLCs and IoT, are broadly received for systems of gadgets implanted with hardware, program, sensors, and actuators that bring network to an unused level. Hence, due to their quick selection, different frameworks producers are utilizing advanced advances to move forward framework productivity within the fire security space.
Comprehensive Analysis of High-pressure Pump for Fixed Firefighting Misting System Market
The market on the type segment is fractioned into two types as dynamic pump and positive displacement pump. The positive displacement pumps are characterized as the larger part of the type segment. On the basis of pressure range, the market is bifurcated into up to 100 bar, 100 to 150 and above 150. The fragment above 150 supplying adequate pressure to dominate the market share. Industrial, commercial and residential are the market fragments under the application segment. Commercial inculcating a range of channels to dominate the market.
The North American continent to roll over the high pressure pump for fixed firefighting misting system market share globally valuation of USD 81.48 million, due to expanding industrialization exercises and commercial & infrastructural advancement. Additionally, the expanding appropriation of computerized innovations in keen building foundation drives the worldwide advertise development over the locale.
The competitive scene for the advertise is divided, with the nearness of different key high-pressure pump for fixed firefighting misting system players working at the worldwide, territorial, and household levels. Different key players are improving their item offerings to make strides the proficiency of their high-pressure fire pumps. Major players working within the market are Danfoss Group (Denmark), Cat Pumps (U.S.), and Speck-Triplex-Pumpen GmbH & Co.KG (Germany), AWS Hydro (China), Udor (Italy), Andritz (Austria), Loenardo DRS (U.S.), Pratissoli (Italy), Grundfos (Denmark), Salinmova (Italy), General Pumps, S.L.U. (Spain), Pump Engineering Co. Pvt. Ltd. (PEC) (India), Interpump Group S.p.A. (Italy) and many others.
In between the month of May 2022, the company ANDRITZ shown its wide range of most recent innovation, benefit offerings, and robotization arrangements at the IFAT 2022 exchange reasonable in Munich, Germany. Within the exchange reasonable, the company displayed its financial pump innovation, such as submersible sort centrifugal pump from ANDRITZ, which has a productivity of 88% with working stream rates of up to 2,200 m3/h. The development of this pump empowers ideal water conveyance.
Segmentation Table
ATTRIB UTE
DETAILS
Study Period
2018-2029
Base Year
2021
Estimated Year
2022
Forecast Period
2022-2029
Historical Period
2018-2020
Unit
Value (USD Million)
Segmentation
By Type, Pressure Range (bar), Application, and Region
Segmentation
By Type
Positive Displacement Pump
Dynamic Pump
By Pressure Range (bar)
Up to 100
100 to 150
Above 150
By Application
Industrial
Commercial
Residential
By Region
North America (By Type, By Pressure Range (bar), By Application, and By Country)
Europe (By Type, By Pressure Range (bar), By Application, and By Country)
- U.K.
- Germany
- France
- Italy
- Spain
- Russia
- Rest of Europe
Asia Pacific (By Type, By Pressure Range (bar), By Application, and By Country)
- China
- India
- Japan
- Australia
- Southeast Asia
- Rest of Asia Pacific
Latin America (By Type, By Pressure Range (bar), By Application, and By Country)
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa (By Type, By Pressure Range (bar), By Application, and By Country)
- GCC
- South Africa
- Rest of Middle East & Africa
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