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Fire Hydrants Market Analysis 2022, Business Outlook & Forecast Till 2027

Market Overview 2022-2027

IMARC Group has recently released a new research study “Fire Hydrants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.

What are the growth prospects of the Fire Hydrants Industry?

The global fire hydrants market size reached US$ 1.19 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of  US$ 1.63 Billion by 2027, exhibiting a growth rate (CAGR) of 5.10% during 2022-2027.

What is a Fire Hydrants Market?

Fire hydrants represent mechanical devices that are used for active fire protection to safeguard the lives, business processes, and belongings of individuals. They usually comprise firefighting pumps and accessories, hoses, couplings, hose reels, landing valves, nozzles, etc.

Fire hydrants help in connecting the water supply network to the hose, which allows firefighters easy access to join the required equipment and deal with fire emergencies quickly. In line with this, they are bright yellow and red for better visibility and have colored tips representing the volume of water. Fire hydrants can supply in gallons per minute (GPM), with blue having the highest and red having the lowest GPM. They are widely utilized in water transfer and irrigation processes.

Impact of COVID-19:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Request For Sample Report: https://www.imarcgroup.com/fire-hydrants-market/requestsample

What are the major market drivers in the Fire Hydrants Market

The rising infrastructure developmental projects are primarily driving the fire hydrants market. Additionally, the growing number of hotels, industries, shopping complexes, educational institutions, hospitals, etc., is further catalyzing the market growth. Besides this, the widespread adoption of fire hydrants across manufacturing and oil and gas industries to prevent fire accidents caused by flammable materials and gases is acting as another significant growth-inducing factor.

Moreover, the implementation of several stringent regulations by government bodies to install fire protection systems in commercial and residential buildings is also positively influencing the global market.

Apart from this, the introduction of smart variants by leading manufacturers that offer a complete picture of water distribution networks, facilitate water management, and save money by detecting leakage more rapidly and efficiently than other approaches is anticipated to fuel the fire hydrants market over the forecasted period.

Fire Hydrants Market Report Scope
Report Coverage Details
Market size value in 2021 US$ 1.19 Billion
Market forecast in 2027 US$ 1.63 Billion
Growth Rate CAGR of 5.10% from 2022 to 2027
Base year for estimation 2021
Historical data 2016-2021
Forecast period 2022-2027
Report coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends
Segments covered Type, Operating Type, Construction And End User
Regional scope United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Key companies profiled merican 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.
Market Dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,
Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

 

Click here to view detailed information with table of content: https://www.imarcgroup.com/fire-hydrants-market

Report Segmentation:

The report has been segmented the market into following categories:

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

By Geography:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

List of Major Key Players:

The major players in the market are

merican 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.

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

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