Global Fire Pump Drive Power Market Growth 2019-2024

Fire pump drive power is a kind of device which provide power for the fire pump. The fire pump drive power includes electric motor, diesel engine and petrol engine.
There are generally three types of drive power used for fire pump, which include diesel engine, petrol engine and electric motors. Petrol motors are commonly used for portable fire pump and light duty firefighting. The main manufacturers of petrol motors for fire pumps include Honda, Briggs & Stratton and other regional brands. Diesel engines are suitable for firefighting application in factory, building, pier and other high capacity fire pumps. Worldwide, the main manufacturers of diesel engines are Clarke, Cummins and Caterpillar. The three enterprises are famous in the fire pump industry because of wonderful product performance and related services. Electric motors are the most widely used drive power for fire pumps, which is efficient and convenient. There are large number of manufacturers of electric motors those can be used on fire pump.

Currently, North America is the largest production region of fire pump drive power based on revenue; in 2016, North America holds about 38% revenue share of global fire pump drive power. It is followed by Europe and Japan, which respectively have around 29% and 15% of the global total industry. Other countries have a small amount of production. Geographically, China has been the the largest consumption market in the world since 2014, which took about 26.5% of the global consumption volume in 2016.

For price trend analysis, a key variable in the performance of fire pump drive power producers is raw material costs, specifically the speed at which any increase can be passed through to customers. Over the past five years, the price of fire pump drive power has experienced a reducing trend.

For forecast, the global fire pump drive power revenue would keep increasing with annual growth rate with 3~5%, and a little higher speed in China and South Asia. We tend to believe that this industry still has a bright future, considering the current demand of firefighting.


According to this study, over the next five years the Fire Pump Drive Power market will register a 3.7% CAGR in terms of revenue, the global market size will reach US$ 390 million by 2024, from US$ 320 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Fire Pump Drive Power business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Fire Pump Drive Power market by product type, application, key manufacturers and key regions and countries.

This study considers the Fire Pump Drive Power value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Electric Motor
Diesel Engine
Petrol Engine
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industry Application
Commercial Building
Field Emergency
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Clarke
Caterpillar
Cummins
Power Industries
Shanghai Dongfeng
Guangxi Yuchai
Nidec Motor
WEG
Regal Beloit
Baldor
NAFFCO
Brook Crompton
Wolong Electric
American Marsh
Techtop Group
Universal Electric
Honda
Briggs & Stratton
Jiangsu linhai
Boyidun Power

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Fire Pump Drive Power consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Fire Pump Drive Power market by identifying its various subsegments.
Focuses on the key global Fire Pump Drive Power manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Fire Pump Drive Power with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Fire Pump Drive Power submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.