North America Fire Pump Controllers Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Electric Fire Pump Controller and Diesel Fire Pump Controller) and End User (Industrial, Commercial, and Residential)
The fire pump controllers market in North America is expected to grow from US$ 313.84 million in 2022 to US$ 429.84 million by 2028. It is estimated to grow at a CAGR of 5.4% from 2022 to 2028.
Growing Construction Activities in Residential and Commercial Buildings
The construction of commercial and residential buildings is growing, majorly in developing countries. This growth is attributed to the rising demand for houses due to rising sustained employment, record-low interest rates, and a surge in government programs such as HomeBuilder. Furthermore, several government initiatives are supporting the growth of the housing industry. Moreover, strong economic conditions and low housing loan interest rates are propelling the expansion of construction activities across North America. Thus, the growing construction activities in residential and commercial buildings are increasing the demand for fire safety systems, which is boosting the growth of the fire pump controllers market.
Market Overview
The North America fire pump controllers market is segmented into three major countries—the US, Canada, and Mexico. In 2021, the US led the market with a substantial revenue share, followed by Canada, which is expected to register the highest CAGR in the North America fire pump controllers market from 2022 to 2028. The deployment of fire pumps across various industrial, commercial, and residential construction projects is catalyzing the demand for fire controller systems across the region. North America has one of the most advanced infrastructures constructed with several safety and security regulatory norms. Every construction across the region is made prioritizing higher safety of its applications. Various types of safety and protection equipment, such as fire pumps, controller assemblies, and other safety tools are installed. The rising commercial construction projects and industrial expansion are among the major factors supporting the installation of fire pumps and pump controllers across the region. The major vendors, such as Eaton Flowserve Corp and Hubbell Inc. operating in the region support the market growth. Moreover, vendors across the region have been focusing on the development of new and innovative products to cater to the growing market demands and remain competitive in the market. For instance, in January 2020, Metron (a subsidiary company of Hubbell Inc.) introduced a new FD5 Series fire pump controller that is certified with NFPA20, UL218, and FM 1321/1332 standards and comprises automated circuit systems with digital displays for diesel engine fire pump controllers. Such initiative has been pushing the market vendors to come up with new solutions to cater to the growing demand for industrial automation across the region.
North America Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
North America Fire Pump Controllers Market Segmentation
The North America fire pump controllers market is segmented into type, end user, and country.
Based on type, the market is bifurcated into electric fire pump controller and diesel fire pump controller. The electric fire pump controller segment registered the larger market share in 2022. Based on end user, the market is segmented into industrial, commercial, and residential. The industrial segment held the largest market share in 2022. Based on country, the market is segmented into the US, Canada, and Mexico. The US dominated the market share in 2022. ComAp AS, Eaton Corp Plc, Firetrol Inc, Flowserve Corp, Grundfos Holding AS, Hubbell Inc, Master Control Systems Inc, NAFFCO FZCO, Pentair Plc, and Tornatech Inc are the leading companies operating in the fire pump controllers market in the region.
Reasons to Buy
Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the SAM loading spout market.
Highlights key business priorities in order to assist companies to realign their business strategies
The key findings and recommendations highlight crucial progressive industry trends in SAM loading spout market, thereby allowing players across the value chain to develop effective long-term strategies
Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
Scrutinize in-depth SAM market trends and outlook coupled with the factors driving the loading spout market, as well as those hindering it
Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution
- 1. Introduction
- 1.1 Study Scope
- 1.2 The Insight Partners Research Report Guidance
- 1.3 Market Segmentation
- 2. Key Takeaways
- 3. Research Methodology
- 3.1 Coverage
- 3.2 Secondary Research
- 3.3 Primary Research
- 4. North America Fire Pump Controllers Market Landscape
- 4.1 Market Overview
- 4.2 North America PEST Analysis
- 4.3 Ecosystem Analysis
- 4.4 Expert Opinion
- 5. North America Fire Pump Controllers Market – Key Industry Dynamics
- 5.1 Market Drivers
- 5.1.1 Growing Construction Activities in Residential and Commercial Buildings
- 5.1.2 Increasing Number of Product Launches
- 5.2 Market Restraints
- 5.2.1 High Capital Investments for Installation and Maintenance of Fire Pump Controllers
- 5.3 Market Opportunities
- 5.3.1 Growing Technological Advancement and Adoption of Fire Safety Systems
- 5.3.2 Increasing Number of Strategic Alliances to Prompt Fire Safety
- 5.4 Future Trends
- 5.4.1 Emergence of Variable Speed Drive (VFD) Fire Pump Controllers
- 5.4.2 Rising Number of Initiatives Regarding Fire Safety
- 5.5 Impact Analysis of Drivers and Restraints
- 6. Fire Pump Controllers Market – North America Market Analysis
- 6.1 North America Fire Pump Controllers Market Overview
- 6.2 North America Fire Pump Controllers Market Forecast and Analysis
- 7. North America Fire Pump Controllers Market Analysis – By Type
- 7.1 Overview
- 7.2 North America Fire Pump Controllers Market, By Type (2021 And 2028)
- 7.3 Electric Fire Pump Controller
- 7.3.1 Overview
- 7.3.2 Electric Fire Pump Controller: Fire Pump Controllers Market Revenue and Forecast To 2028 (US$ Million)
- 7.4 Diesel Fire Pump Controller
- 7.4.1 Overview
- 7.4.2 Diesel Fire Pump Controller: Fire Pump Controllers Market Revenue and Forecast To 2028 (US$ Million)
- 8. North America Fire Pump Controllers Market Revenue and Forecast to 2028 – End-User
- 8.1 Overview
- 8.2 North America Fire Pump Controllers Market, End-User (2021 And 2028)
- 8.3 Industrial
- 8.3.1 Overview
- 8.3.2 Industrial: Fire Pump Controllers Market Revenue and Forecast To 2028 (US$ Million)
- 8.4 Commercial
- 8.4.1 Overview
- 8.4.2 Commercial: Fire Pump Controllers Market Revenue and Forecast To 2028 (US$ Million)
- 8.5 Residential
- 8.5.1 Overview
- 8.5.2 Residential: Fire Pump Controllers Market Revenue and Forecast To 2028 (US$ Million)
- 9. North America Fire Pump Controllers Market – Country Analysis
- 9.1 Overview
- 9.1.1 North America Fire Pump Controllers Market Breakdown, by Country
- 9.1.1.1 US Fire Pump Controllers Market, Revenue and Forecast to 2028
- 9.1.1.1.1 US Fire Pump Controllers Market Breakdown, By Region
- 9.1.1.1.2 US Fire Pump Controllers Market Breakdown, By Type
- 9.1.1.1.3 US Fire Pump Controllers Market Breakdown, End-User
- 9.1.1.2 Canada Fire Pump Controllers Market, Revenue and Forecast to 2028
- 9.1.1.2.1 Canada Fire Pump Controllers Market Breakdown, By Type
- 9.1.1.2.2 Canada Fire Pump Controllers Market Breakdown, End-User
- 9.1.1.3 Mexico Fire Pump Controllers Market, Revenue and Forecast to 2028
- 9.1.1.3.1 Mexico Fire Pump Controllers Market Breakdown, By Type
- 9.1.1.3.2 Mexico Fire Pump Controllers Market Breakdown, End-User
- 10. Industry Landscape
- 10.1 Overview
- 10.2 Market Initiative
- 10.3 Merger and Acquisition
- 11. Company Profiles
- 11.1 ComAp AS
- 11.1.1 Key Facts
- 11.1.2 Business Description
- 11.1.3 Products and Services
- 11.1.4 Financial Overview
- 11.1.5 SWOT Analysis
- 11.1.6 Key Developments
- 11.2 Eaton Corp Plc
- 11.2.1 Key Facts
- 11.2.2 Business Description
- 11.2.3 Products and Services
- 11.2.4 Financial Overview
- 11.2.5 SWOT Analysis
- 11.2.6 Key Developments
- 11.3 Flowserve Corp
- 11.3.1 Key Facts
- 11.3.2 Business Description
- 11.3.3 Products and Services
- 11.3.4 Financial Overview
- 11.3.5 SWOT Analysis
- 11.3.6 Key Developments
- 11.4 Grundfos Holding AS
- 11.4.1 Key Facts
- 11.4.2 Business Description
- 11.4.3 Products and Services
- 11.4.4 Financial Overview
- 11.4.5 SWOT Analysis
- 11.4.6 Key Developments
- 11.5 Hubbell Inc
- 11.5.1 Key Facts
- 11.5.2 Business Description
- 11.5.3 Products and Services
- 11.5.4 Financial Overview
- 11.5.5 SWOT Analysis
- 11.5.6 Key Developments
- 11.6 Master Control Systems Inc
- 11.6.1 Key Facts
- 11.6.2 Business Description
- 11.6.3 Products and Services
- 11.6.4 Financial Overview
- 11.6.5 SWOT Analysis
- 11.6.6 Key Developments
- 11.7 NAFFCO FZCO
- 11.7.1 Key Facts
- 11.7.2 Business Description
- 11.7.3 Products and Services
- 11.7.4 Financial Overview
- 11.7.5 SWOT Analysis
- 11.7.6 Key Developments
- 11.8 Pentair Plc
- 11.8.1 Key Facts
- 11.8.2 Business Description
- 11.8.3 Products and Services
- 11.8.4 Financial Overview
- 11.8.5 SWOT Analysis
- 11.8.6 Key Developments
- 11.9 Firetrol Inc
- 11.9.1 Key Facts
- 11.9.2 Business Description
- 11.9.3 Products and Services
- 11.9.4 Financial Overview
- 11.9.5 SWOT Analysis
- 11.9.6 Key Developments
- 11.10 Tornatech Inc
- 11.10.1 Key Facts
- 11.10.2 Business Description
- 11.10.3 Products and Services
- 11.10.4 Financial Overview
- 11.10.5 SWOT Analysis
- 11.10.6 Key Developments
- 12. Appendix
- 12.1 About the Insight Partners
- 12.2 Word Index
- LIST OF TABLES
- Table 1. North America Fire Pump Controllers Market – Revenue and Forecast to 2028 (US$ Million)
- Table 2. North America Fire Pump Controllers Market, Revenue and Forecast To 2028 – By Country (US$ Million)
- Table 3. US Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Region (US$ Million)
- Table 4. US Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 5. US Fire Pump Controllers Market, Revenue and Forecast to 2028 – End-User (US$ Million)
- Table 6. Canada Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 7. Canada Fire Pump Controllers Market, Revenue and Forecast to 2028 – End-User (US$ Million)
- Table 8. Mexico Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Type (US$ Million)
- Table 9. Mexico Fire Pump Controllers Market, Revenue and Forecast to 2028 – End-User (US$ Million)
- Table 10. List of Abbreviation
- LIST OF FIGURES
- Figure 1. North America Fire Pump Controllers Market Segmentation
- Figure 2. North America Fire Pump Controllers Market Segmentation – By Country
- Figure 3. North America Fire Pump Controllers Market Overview
- Figure 4. Electric Fire Pump Controller Segment held the Largest Share of North America Fire Pump Controllers Market
- Figure 5. Industrial Segment held the Largest Share of North America Fire Pump Controllers Market
- Figure 6. US to Show Great Traction During Forecast Period
- Figure 7. North America– PEST Analysis
- Figure 8. Ecosystem Analysis: Fire Pump Controllers Market
- Figure 9. Expert Opinion
- Figure 10. North America Fire Pump Controllers Market: Impact Analysis of Drivers and Restraints
- Figure 11. North America Fire Pump Controllers Market Forecast and Analysis (US$ Million)
- Figure 12. North America Fire Pump Controllers Market, By Type (2021 and 2028)
- Figure 13. North America Electric Fire Pump Controller: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
- Figure 14. North America Diesel Fire Pump Controller: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
- Figure 15. North America Fire Pump Controllers Market, By End-User (2021 and 2028)
- Figure 16. North America Industrial: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
- Figure 17. North America Commercial: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
- Figure 18. North America Residential: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
- Figure 19. North America Fire Pump Controllers Market, By Key Country - Revenue (2021) (US$ Million)
- Figure 20. North America Fire Pump Controllers Market Breakdown, by Country, 2021 & 2028 (%)
- Figure 21. US Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 22. Canada Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)
- Figure 23. Mexico Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook