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North America Fire Pump Controllers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type and End User

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    Report

  • 101 Pages
  • December 2022
  • Region: North America
  • The Insight Partners
  • ID: 5715232
UP TO OFF until Mar 15th 2023
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 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.
Frequently Asked Questions about the North American Fire Pump Controllers Market

What is the estimated value of the North American Fire Pump Controllers Market?

The North American Fire Pump Controllers Market was estimated to be valued at $313.84 Million in 2022.

What is the growth rate of the North American Fire Pump Controllers Market?

The growth rate of the North American Fire Pump Controllers Market is 5.4%, with an estimated value of $429.84 Million by 2028.

What is the forecasted size of the North American Fire Pump Controllers Market?

The North American Fire Pump Controllers Market is estimated to be worth $429.84 Million by 2028.

Who are the key companies in the North American Fire Pump Controllers Market?

Key companies in the North American Fire Pump Controllers Market include ComAp AS, Eaton Corp Plc, Firetrol Inc, Flowserve Corp, Grundfos Holding AS, Hubbell Inc, Master Control Systems Inc, NAFFCO FZCO and Tornatech Inc.

Table of Contents

1. Introduction
1.1 Study Scope
1.2 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)

Companies Mentioned

A selection of companies mentioned in this report includes:

  • ComAp AS
  • Eaton Corp Plc
  • Firetrol Inc
  • Flowserve Corp
  • Grundfos Holding AS
  • Hubbell Inc
  • Master Control Systems Inc
  • NAFFCO FZCO
  • Pentair Plc
  • Tornatech Inc