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Middle East & Africa Fire Pump Controllers Market Forecast to 2028 - COVID-19 Impact and Regional Analysis - by Type and End User

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    Report

  • 102 Pages
  • December 2022
  • Region: Africa, Middle East
  • The Insight Partners
  • ID: 5715234
UP TO OFF until Mar 15th 2023
The fire pump controllersmarket in Middle East & Africa is expected to grow from US$ 71.25 million in 2022 to US$ 89.45 million by 2028. It is estimated to grow at a CAGR of 3.9% from 2022 to 2028.

Increasing Number of Strategic Alliances to Prompt Fire Safety

The growing need for a fire safety system encourages companies to produce more advanced solutions. Hence, the companies are working on various strategic alliances such as partnerships, collaborations, and mergers and acquisitions with other companies.
A few of such partnerships, collaborations, and mergers and acquisitions by the companies are mentioned below:
  • In June 2022, AMI Global LLC announced a strategic partnership with Peerless Pump Company, a wholly owned company of the Grundfos Group. Under this partnership, the companies have launched Peerless FireConnect Sentry Fire Industry Monitoring Solution. The new fire pump system provides real-time information, leak monitoring, and detection, ensuring fire pump systems are always ready to act.
  • In February 2022, Keltron Corporation announced the acquisition of MIJA Industries, Inc., a leading medical, industrial, and fire protection pressure gauge application manufacturer. The acquisition will help Keltron to enhance its fire extinguisher monitoring solutions by adding high-precision fire and oxygen gauges.
Thus, through the abovementioned strategic alliances, several companies are working on helping their customers provide advanced fire safety systems, which is expected to provide potential opportunities for the growth of the fire pump controllers market.

Market Overview

The MEA fire pump controllers market is segmented into Saudi Arabia, UAE, South Africa, and the rest of MEA. One of the major reasons behind the growth of the market in the region is the presence of large number companies and manufactures of fire pump and fire pump controllers. In Saudi Arabia alone, there are more than 500 fire protection system companies that caters to the demand of domestic and neighboring countries for fire controller and protection systems. Further, the rising construction projects across developed economies such as the UAE and developing economies such as African countries is boosting the deployment of fire pumps, fire detection sensors, valves, display systems, and pump controller systems across the commercial and industrial construction projects in different regional countries.
Further, the region comprises many offshore oil & gas infrastructures facilities constantly driving the deployment of fire protection systems and pump controller systems across those facilities. Moreover, the rising construction of new offshore oil & gas facilities is another major factor driving the deployment of fire safety systems and pump controllers across the region. For instance, in September 2022, Abu Dhabi National Oil Company (ADNOC) awarded a contract worth US$ 548 million to National Petroleum Construction Company (NPCC) to build a new gas pipeline at its offshore field of Abu Dhabi. Such instances are pushing the expansion of offshore industrial facilities and thereby will drive the deployment of fire pump and fire pump controller systems across the region.

Middle East & Africa Fire Pump Controllers Market Segmentation

The Middle East & Africa fire pump controllers market is segmented into type, end user, and country.
  • Based on type, the market is bifurcated intoelectric 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 Saudi Arabia, South Africa, UAE, and the rest of Middle East & Africa. South Africa dominated the market share in 2022.
ComAp AS, Eaton Corp Plc, 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 Middle Eastern & African Fire Pump Controllers Market

What is the estimated value of the Middle Eastern & African Fire Pump Controllers Market?

The Middle Eastern & African Fire Pump Controllers Market was estimated to be valued at $71.25 Million in 2022.

What is the growth rate of the Middle Eastern & African Fire Pump Controllers Market?

The growth rate of the Middle Eastern & African Fire Pump Controllers Market is 3.9%, with an estimated value of $89.45 Million by 2028.

What is the forecasted size of the Middle Eastern & African Fire Pump Controllers Market?

The Middle Eastern & African Fire Pump Controllers Market is estimated to be worth $89.45 Million by 2028.

Who are the key companies in the Middle Eastern & African Fire Pump Controllers Market?

Key companies in the Middle Eastern & African Fire Pump Controllers Market include ComAp AS, Eaton Corp Plc, 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. MEA Fire Pump Controllers Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. MEA 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 - MEA Market Analysis
6.1 MEA Fire Pump Controllers Market Forecast and Analysis

7. MEA Fire Pump Controllers Market Analysis - By Type
7.1 Overview
7.2 MEA 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. MEA Fire Pump Controllers Market Revenue and Forecast to 2028 - End-User
8.1 Overview
8.2 MEA 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. MEA Fire Pump Controllers Market - Country Analysis
9.1 Overview
9.1.1 MEA Fire Pump Controllers Market Breakdown, By Country
9.1.1.1 South Africa Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 South Africa Fire Pump Controllers Market Breakdown, By Type
9.1.1.1.2 South Africa Fire Pump Controllers Market Breakdown, End-User
9.1.1.2 Saudi Arabia Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Saudi Arabia Fire Pump Controllers Market Breakdown, By Type
9.1.1.2.2 Saudi Arabia Fire Pump Controllers Market Breakdown, End-User
9.1.1.3 UAE Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 UAE Fire Pump Controllers Market Breakdown, By Type
9.1.1.3.2 UAE Fire Pump Controllers Market Breakdown, End-User
9.1.1.4 Rest of MEA Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of MEA Fire Pump Controllers Market Breakdown, By Type
9.1.1.4.2 Rest of MEA 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 Tornatech 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

12. Appendix
12.1 About the Insight Partners
12.2 Word Index

List of Tables
Table 1. MEA Fire Pump Controllers Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. MEA Fire Pump Controllers Market, Revenue and Forecast to 2028 - By Country (US$ Million)
Table 3. South Africa Fire Pump Controllers Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 4. South Africa Fire Pump Controllers Market, Revenue and Forecast to 2028 - End-User (US$ Million)
Table 5. Saudi Arabia Fire Pump Controllers Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 6. Saudi Arabia Fire Pump Controllers Market, Revenue and Forecast to 2028 - End-User (US$ Million)
Table 7. UAE Fire Pump Controllers Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 8. UAE Fire Pump Controllers Market, Revenue and Forecast to 2028 - End-User (US$ Million)
Table 9. Rest of MEA Fire Pump Controllers Market, Revenue and Forecast to 2028 - By Type (US$ Million)
Table 10. Rest of MEA Fire Pump Controllers Market, Revenue and Forecast to 2028 - End-User (US$ Million)
Table 11. List of Abbreviation

List of Figures
Figure 1. MEA Fire Pump Controllers Market Segmentation
Figure 2. MEA Fire Pump Controllers Market Segmentation - By Country
Figure 3. MEA Fire Pump Controllers Market Overview
Figure 4. Electric Fire Pump Controller Segment held the Largest Share of MEA Fire Pump Controllers Market
Figure 5. Industrial Segment held the Largest Share of MEA Fire Pump Controllers Market
Figure 6. South Africa to Show Great Traction During Forecast Period
Figure 7. MEA - PEST Analysis
Figure 8. Ecosystem Analysis: MEA Fire Pump Controllers Market
Figure 9. Expert Opinion
Figure 10. MEA Fire Pump Controllers Market: Impact Analysis of Drivers and Restraints
Figure 11. MEA Fire Pump Controllers Market Forecast and Analysis (US$ Million)
Figure 12. MEA Fire Pump Controllers Market, By Type (2021 and 2028)
Figure 13. MEA Electric Fire Pump Controller: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Diesel Fire Pump Controller: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. MEA Fire Pump Controllers Market, By End-User (2021 and 2028)
Figure 16. MEA Industrial: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Commercial: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. MEA Residential: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Fire Pump Controllers Market, by Key Country - Revenue (2020) (US$ Million)
Figure 20. MEA Fire Pump Controllers Market Breakdown, By Country, 2021 & 2028 (%)
Figure 21. South Africa Fire Pump Controllers Market, Revenue and Forecast To 2028 (US$ Million)
Figure 22. Saudi Arabia Fire Pump Controllers Market, Revenue and Forecast To 2028 (US$ Million)
Figure 23. UAE Fire Pump Controllers Market, Revenue and Forecast To 2028 (US$ Million)
Figure 24. Rest of MEA 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
  • Flowserve Corp
  • Grundfos Holding AS
  • Hubbell Inc
  • Master Control Systems Inc
  • NAFFCO FZCO
  • Pentair Plc
  • Tornatech Inc