Punjab Samachar

Fire Hydrants Market to Reach US$ 1.63 Billion by 2027 | IMARC Group

 Breaking News
  • No posts were found

Fire Hydrants Market to Reach US$ 1.63 Billion by 2027 | IMARC Group

November 11
17:45 2022
Fire Hydrants Market to Reach US$ 1.63 Billion by 2027 | IMARC Group
fire hydrants market size 2022-2027
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 CAGR of 5.10% during 2022-2027.

Fire Hydrants Market Overview 2022-2027

The latest research study “Fire Hydrants Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that 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 CAGR of 5.10% during 2022-2027.

 What is 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.

 Covid-19 Impact:

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 a PDF Sample Copy for more detailed market insights:  https://www.imarcgroup.com/fire-hydrants-market/requestsample

What are the key factors driving 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.

 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)

Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)

Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)

Latin America: (Brazil, Mexico, Others)

Middle East and Africa

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

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. [TYO: 2153]

 Hawle Valves India Private Limited

IMP Armature d.o.o.

McWane International

 Mueller Co. LLC (Mueller Water Products Inc.)[ NYSE: MWA]

 Naffco Fzco

 NewAge Fire Protection Industries Pvt. Ltd

and Rapidrop Global Ltd.

Key highlights of the report:

Market Performance (2016-2021)

Market Outlook (2022- 2027)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Browse More Industry Research Reports:

Sports Management Software Market Report 2022-2027-https://www.imarcgroup.com/sports-management-software-market

Solar Control Glass Market Size 2022-2027- https://www.imarcgroup.com/solar-control-glass-market

Advanced Wound Care Market 2022-2027– https://www.imarcgroup.com/advanced-wound-care-market

Insomnia Market Forecast 2022-2027- https://www.imarcgroup.com/insomnia-market

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.

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1-631-791-1145
Address:30 N Gould St Ste R
City: Sheridan
State: WY
Country: United States
Website: https://www.imarcgroup.com

Categories