The global fire hydrants market size reached US$ 1.19 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 1.63 Billion by 2027, exhibiting a CAGR of 5.38% during 2021-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Fire hydrants are mechanical devices used for active fire protection to safeguard the lives, business processes, and belongings of individuals. They comprise firefighting pumps and accessories, landing valves, hoses, couplings, hose reels, and nozzles. They help connect the water supply network to the hose, which allows firefighters easy access to connect the required equipment and deal with fire emergencies quickly. They are bright red and yellow for better visibility and have colored tips representing the volume of water they can supply in gallons per minute (GPM), with blue having the highest and red having the lowest GPM. Apart from extinguishing the fire, these hydrants are used in water transfer and irrigation processes.
Fire hydrants are mechanical devices used for active fire protection to safeguard the lives, business processes, and belongings of individuals. They comprise firefighting pumps and accessories, landing valves, hoses, couplings, hose reels, and nozzles. They help connect the water supply network to the hose, which allows firefighters easy access to connect the required equipment and deal with fire emergencies quickly. They are bright red and yellow for better visibility and have colored tips representing the volume of water they can supply in gallons per minute (GPM), with blue having the highest and red having the lowest GPM. Apart from extinguishing the fire, these hydrants are used in water transfer and irrigation processes.
Fire Hydrants Market Trends:
The increasing global population is resulting in significant construction of residential and commercial infrastructure. This represents one of the key factors positively influencing the market. The expansion of hotels, industries, shopping complexes, educational institutions, and hospitals is also catalyzing the demand for fire protection equipment across the globe. In addition, the growing adoption of fire hydrants across several manufacturing and oil and gas industries to prevent fire accidents caused by flammable materials and gases is creating a positive market outlook. Apart from this, the enforcement of strict norms and regulations by governments of various countries to install fire protection systems in residential and commercial buildings is propelling the market growth. Furthermore, the increasing utilization of smart fire hydrants offers a complete picture of water distribution networks, facilitates water management, and saves money by detecting leakage more rapidly and efficiently than other approaches. Moreover, leading players are investing in research and development (R&D) activities to introduce advanced product variants, which is expected to drive the market.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global fire hydrants market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on product type, operating type, construction and end user.Breakup by Product Type:
- Dry Barrel
- Wet Barrel
Breakup by Operating Type:
- Conventional
- Smart
Breakup by Construction:
- Underground
- Above Ground
Breakup by End User:
- Commercial
- Industrial
Breakup by Region:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being American Cast Iron Pipe Company, AVK International A/S (AVK Holding A/S), Bocciolone Antincendio S.p.a., EJ Group Inc., Hawle Valves India Private Limited, IMP Armature d.o.o., McWane International, Mueller Co. LLC (Mueller Water Products Inc.), Naffco Fzco, NewAge Fire Protection Industries Pvt. Ltd and Rapidrop Global Ltd.Key Questions Answered in This Report:
- How has the global fire hydrants market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global fire hydrants market?
- What are the key regional markets?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the operating type?
- What is the breakup of the market based on the construction?
- What is the breakup of the market based on the end user?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global fire hydrants market and who are the key players?
- What is the degree of competition in the industry?
| Report Attribute | Details |
|---|---|
| No. of Pages | 145 |
| Published | November 2022 |
| Forecast Period | 2021 - 2027 |
| Estimated Market Value ( Billion
| Billion 1.19 Billion |
| Forecasted Market Value ( Billion
| Billion 1.63 Billion |
| Compound Annual Growth Rate | 5.3% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis14 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Fire Hydrants Market
6 Market Breakup by Product Type
7 Market Breakup by Operating Type
8 Market Breakup by Construction
9 Market Breakup by End User
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- American Cast Iron Pipe Company
- AVK International A/S (AVK Holding A/S)
- Bocciolone Antincendio S.p.a.
- EJ Group Inc.
- Hawle Valves India Private Limited
- IMP Armature d.o.o.
- McWane International
- Mueller Co. LLC (Mueller Water Products Inc.)
- Naffco Fzco
- NewAge Fire Protection Industries Pvt. Ltd
- Rapidrop Global Ltd.
Methodology
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