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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Fire Pump Controllers Market Share
Based on application, electric controllers account for a significant share of the market
The demand for electric fire pump control is expected to grow as it is focused more on the power source such as the motor's size, its efficiency, and operating conditions for fire pump controllers and limited natural resources such as diesel, etc.
Diesel engine fire pump controllers are made specifically to sense a drop in the fire protection system's pressure and initiate a diesel engine-driven fire pump on its own. It allows the system to be started and stopped both manually and automatically.
Based on end use, the industrial sector dominates the fire pump controllers market due to the growing need to adhere to regulatory compliance
Keeping highly flammable or explosive materials safely stored is a concern for many industrial buildings. One such example is lithium-ion battery energy storage systems. Data centres, phone networks, power plants, fuel storage facilities, manufacturing plants, and warehouses represent some of the sensitive and high-risk industrial uses. The surging requirement for fire pump controllers to safeguard buildings from fire is therefore driving the market growth.
Fire pump controllers are necessary in all commercial buildings, including hotels, hospitals, office buildings, and airports, to safeguard people and property against fires.
Residential fire pump controllers are designed to protect, start, and stop centrifugal fire pumps to enhance occupant safety. These controllers are used with electric-driven pumps, which can be either automatic or manual.
Fire Pump Controllers Market Report Snapshots
Fire Pump Controllers Market Size
Fire Pump Controllers Market Growth
Fire Pump Controllers Market Trends
Fire Pump Controllers Market Share
Fire Pump Controllers Manufacturers
Fire Pump Controllers Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market reached a value of USD 1,390.00 million in 2023.
The market is estimated to grow at a CAGR of 6.01% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach a value of USD 2343.66 million by 2032.
The key factors driving the market are the rising importance of fire safety and occurrences of accidents, the expanding construction sector, and the presence of stringent safety regulations.
The key regional markets for fire pump controllers are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The end uses include industrial, commercial, and residential.
The applications include electric, diesel, and others.
The key players in the market include Eaton Corporation PLC, Grundfos Holding A/S, NAFFCO FZCO, Tornatech Inc., and Hubbell Incorporated, among others.
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