Fire Pump Drive Power Market

The global Fire Pump Drive Power market was valued at 329.94 Million USD in 2021 and will grow with a CAGR of 3.45% from 2021 to 2027, based on newly published report.

The prime objective of Fire Pump Drive Power Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Fire Pump Drive Power Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

Fire pump drive power is a kind of device which provide power for the fire pump. The fire pump drive power includes electric motor, diesel engine and petrol engine.There are generally three types of drive power used for fire pump, which include diesel engine, petrol engine and electric motors. Petrol motors are commonly used for portable fire pump and light duty firefighting. The main manufacturers of petrol motors for fire pumps include Honda, Briggs & Stratton and other regional brands. Diesel engines are suitable for firefighting application in factory, building, pier and other high capacity fire pumps. Worldwide, the main manufacturers of diesel engines are Clarke, Cummins and Caterpillar. The three enterprises are famous in the fire pump industry because of wonderful product performance and related services. Electric motors are the most widely used drive power for fire pumps, which is efficient and convenient. There are large number of manufacturers of electric motors those can be used on fire pump. Currently, North America is the largest production region of fire pump drive power based on revenue; in 2016, North America holds about 38% revenue share of global fire pump drive power. It is followed by Europe and Japan, which respectively have around 29% and 15% of the global total industry. Other countries have a small amount of production. Geographically, China has been the the largest consumption market in the world since 2014, which took about 26.5% of the global consumption volume in 2016. For price trend analysis, a key variable in the performance of fire pump drive power producers is raw material costs, specifically the speed at which any increase can be passed through to customers. Over the past five years, the price of fire pump drive power has experienced a reducing trend. For forecast, the global fire pump drive power revenue would keep increasing with annual growth rate with 3~5%, and a little higher speed in China and South Asia. We tend to believe that this industry still has a bright future, considering the current demand of firefighting.

By Market Verdors:

Clarke

Caterpillar

Cummins

Power Industries

Shanghai Dongfeng

Guangxi Yuchai

Nidec Motor

WEG

Regal Beloit

Baldor

NAFFCO

Brook Crompton

Wolong Electric

American Marsh

Techtop

Universal Electric

Honda

Briggs & Stratton

Jiangsu linhai

Boyidun Power

By Types:

Electric Motor

Diesel Engine

Petrol Engine

By Applications:

Industry Application

Commercial Building

Field Emergency

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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To understand the future outlook and prospects for the market.

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