Europe Fire Pump Controllers Market Forecast to 2028

Europe Fire Pump Controllers Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Type (Electric Fire Pump Controller and Diesel Fire Pump Controller) and End User (Industrial, Commercial, and Residential)

Report Code : BMIRE00027646 | Region : Europe | Industry : Electronics and Semiconductor | Published Date : 19/Dec/2022

The fire pump controllers market in Europe is expected to grow from US$ 400.04 million in 2022 to US$ 566.49 million by 2028. It is estimated to grow at a CAGR of 6.0% from 2022 to 2028.

Increasing Number of Product Launches

The growing demand for fire pump controllers has compelled the fire pump controllers market players to boost their investment in the development of new and innovative product offerings. A few of the major product developments are mentioned below:

• In August 2021, Armstrong Fluid Technology unveiled its design envelope fire pump unit and a fire pump manager, a new connected service to track pump performance. The new design envelope fire pump is the first self-regulating variable-speed fire pump that meets NFPA-20 (2019 Edition), Section 4.8 standards. Also, it is reliable and safe, supported by real-time and historical test and performance data.

• In January 2020, Metron released its new FD5 Series, a microprocessor-based fire pump controller with a touchscreen display. It is compact and lightweight, making it ideal for commercial use. Also, it meets NFPA20, UL218, and FM 1321/1332 standards for diesel engine fire pump controllers.

• In December 2019, Tornatech announced the upgradation of its fire pump controllers. From January 2020, all Tornatech Model GPL and GPL+GLU controllers have been manufactured and equipped with various features such as an externally operable circuit breaker, a continuous rating of 115% of fuzzy logic controller (FLC), non-thermal type, and a quick trip of 20 times the FLC. Also, it has locked rotor protection and runs a test solenoid valve.

Such advancements in fire pump controllers, supported by high investments from global manufacturers to enhance their product portfolio and innovate products as per the changing customer requirements, are driving the growth of the fire pump controllers market.

Market Overview

Stringent government regulations across European countries for the installation of safety equipment in the commercial, industrial, and cooperative residential buildings is among the major factors catalyzing the deployment of fire protection systems and controller systems across the region. The demand from rising industrial expansion facilities for the installation of fire safety systems is another major factor generating the need for new installation of fire pump controllers. For instance, in September 2022, Rosatom State Nuclear Energy Corporation announced that it will be setting up a new and largest lithium-ion battery production facility involving the installation of several fire pumps, controller systems, and fire protection systems in Russia.

The Europe fire pump controllers market is highly fragmented due to the presence of large number of vendors operating across different European countries. The presence of vendors such as Grundfos Pumps Ltd, Stuart Group Ltd, Action Pumps Ltd, ComAp Control Ltd., SVE Corp, AquaGuard Pumps, Eaton, Pure Power, and Xylem UK is further catalyzing the growth of fire pump controllers market. These companies are collaboratively working with industrial facilities to understand their respective customers’ demands and provide reliable solution to remain competitive in the market. Moreover, the collaboration and acquisition strategies followed by these companies is leading to higher consolidation of the regional market. In April 2022, Johnson Controls announced that it has acquired Powertec Pumps Ltd to enhance its fire pump products portfolio in the fire suppression sector.

Europe Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)

Europe Fire Pump Controllers Market Segmentation

The Europe fire pump controllers market is segmented into type, end user, and country.

Based on type, the market is bifurcated into electric fire pump controller and diesel fire pump controller. The electric fire pump controller segment registered a 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 France, Germany, Italy UK, Russia, and the rest of Europe. Germany dominated the market share in 2022. ComAp AS, Eaton Corp Plc, Firetrol Inc, 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.

At 6.0% CAGR, the Europe Fire Pump Controllers Market is speculated to be worth US$ 566.49 Million by 2028, says The Insight Partners

According to The Insight Partners’ research, the Europe fire pump controllers market was valued at US$ 400.04 million in 2022 and is expected to reach US$ 566.49 million by 2028, registering a CAGR of 6.0% from 2022 to 2028. Growing construction activities in residential and commercial buildings and rising number of product launches are the critical factors attributed to the market expansion.

The construction of commercial and residential buildings is growing, majorly in developing countries. In July 2021, according to the TASS, Russian news agency, the commissioning of housing in Russia increased by 28.4% in the first 5 months of 2021 compared to 2020. This growth is attributed to the rising demand for houses due to rising sustained employment, record-low interest rates, and a surge in government programs such as HomeBuilder. Furthermore, several government initiatives are supporting the growth of the housing industry. Thus, the growing construction activities in residential and commercial buildings are increasing the demand for fire safety systems, which is boosting the growth of the fire pump controllers market.

On the contrary, high capital investments for installation and maintenance of fire pump controllers hurdles the growth of Europe fire pump controllers market.

Based on type, the market is bifurcated into electric fire pump controller and diesel fire pump controller. The electric fire pump controller segment registered the larger market share in 2022. The former held 55.6% market share in 2022, amassing US$ 222.46 million. It is projected to garner US$ 323.90 million by 2028 to expand at 6.5% CAGR during 2022–2028. Based on end user the market is segmented into industrial, commercial, and residential. With 76.1% share of the domain, the industrial segment dominated the market in 2022. It accrued US$ 304.16 million in 2022 and is estimated to generate US$ 439.96 million by 2028 to grow at a CAGR of 6.3% over the forecast period. Our regional analysis states that Germany captured 45.3% market share in 2022. It was assessed at US$ 181.26 million in 2022 and is likely to hit US$ 271.92 million by 2028, exhibiting a CAGR of 7.0% during the forecast period.

Key players dominating the Europe fire pump controllers market are ComAp AS, Eaton Corp Plc, Firetrol Inc, Flowserve Corp, Grundfos Holding AS, Hubbell Inc, Master Control Systems Inc, NAFFCO FZCO, Pentair Plc, and Tornatech Inc among others.

A few key developments in market by top market players are as follows:

In 2021, Tornatech Model MPA Medium Voltage Electric Fire Pump Controllers are now available with the ViZiTouch V2 operator interface to upgrade product capabilities. In 2021, Pentair Plc announced that it has acquired Pleatco for approximately US$255 million in cash, subject to customary adjustments. Pleatco manufactures water filtration and clean air technologies for pool, spa, and industrial air customers.

TABLE OF CONTENTS

1. Introduction

1.1 Study Scope

1.2 The Insight Partners 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. Europe Fire Pump Controllers Market Landscape

4.1 Market Overview

4.2 Europe PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe 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 – Europe Market Analysis

6.1 Europe Fire Pump Controllers Market Overview

6.2 Europe Fire Pump Controllers Market Forecast and Analysis

7. Europe Fire Pump Controllers Market Analysis – By Type

7.1 Overview

7.2 Europe 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. Europe Fire Pump Controllers Market Revenue and Forecast to 2028 – End-User

8.1 Overview

8.2 Europe 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. Europe Fire Pump Controllers Market – Country Analysis

9.1 Overview

9.1.1 Europe Fire Pump Controllers Market Breakdown, by Country

9.1.1.1 Germany Fire Pump Controllers Market, Revenue and Forecast to 2028

9.1.1.1.1 Germany Fire Pump Controllers Market Breakdown, By Type

9.1.1.1.2 Germany Fire Pump Controllers Market Breakdown, End-User

9.1.1.2 France Fire Pump Controllers Market, Revenue and Forecast to 2028

9.1.1.2.1 France Fire Pump Controllers Market Breakdown, By Type

9.1.1.2.2 France Fire Pump Controllers Market Breakdown, End-User

9.1.1.3 Italy Fire Pump Controllers Market, Revenue and Forecast to 2028

9.1.1.3.1 Italy Fire Pump Controllers Market Breakdown, By Type

9.1.1.3.2 Italy Fire Pump Controllers Market Breakdown, End-User

9.1.1.4 UK Fire Pump Controllers Market, Revenue and Forecast to 2028

9.1.1.4.1 UK Fire Pump Controllers Market Breakdown, By Type

9.1.1.4.2 UK Fire Pump Controllers Market Breakdown, End-User

9.1.1.5 Russia Fire Pump Controllers Market, Revenue and Forecast to 2028

9.1.1.5.1 Russia Fire Pump Controllers Market Breakdown, By Type

9.1.1.5.2 Russia Fire Pump Controllers Market Breakdown, End-User

9.1.1.6 Rest of Europe Fire Pump Controllers Market, Revenue and Forecast to 2028

9.1.1.6.1 Rest of Europe Fire Pump Controllers Market Breakdown, By Type

9.1.1.6.2 Rest of Europe 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 Firetrol 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

11.10 Tornatech Inc

11.10.1 Key Facts

11.10.2 Business Description

11.10.3 Products and Services

11.10.4 Financial Overview

11.10.5 SWOT Analysis

11.10.6 Key Developments

12. Appendix

12.1 About the Insight Partners

12.2 Word Index

LIST OF TABLES.

Table 1. Europe Fire Pump Controllers Market – Revenue and Forecast to 2028 (US$ Million)

Table 2. Europe Fire Pump Controllers Market, Revenue and Forecast To 2028 – By Country (US$ Million)

Table 3. Germany Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 4. Germany Fire Pump Controllers Market, Revenue and Forecast to 2028 – End-User (US$ Million)

Table 5. France Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 6. France Fire Pump Controllers Market, Revenue and Forecast to 2028 – End-User (US$ Million)

Table 7. Italy Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 8. Italy Fire Pump Controllers Market, Revenue and Forecast to 2028 – End-User (US$ Million)

Table 9. UK Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 10. UK Fire Pump Controllers Market, Revenue and Forecast to 2028 – End-User (US$ Million)

Table 11. Russia Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 12. Russia Fire Pump Controllers Market, Revenue and Forecast to 2028 – End-User (US$ Million)

Table 13. Rest of Europe Fire Pump Controllers Market, Revenue and Forecast to 2028 – By Type (US$ Million)

Table 14. Rest of Europe Fire Pump Controllers Market, Revenue and Forecast to 2028 – End-User (US$ Million)

Table 15. List of Abbreviation

LIST OF FIGURES.

Figure 1. Europe Fire Pump Controllers Market Segmentation

Figure 2. Europe Fire Pump Controllers Market Segmentation – By Country

Figure 3. Europe Fire Pump Controllers Market Overview

Figure 4. Electric Fire Pump Controller Segment held the Largest Share of Europe Fire Pump Controllers Market

Figure 5. Industrial Segment held the Largest Share of Europe Fire Pump Controllers Market

Figure 6. Germany to Show Great Traction During Forecast Period

Figure 7. Europe – PEST Analysis

Figure 8. Ecosystem Analysis: Europe Fire Pump Controllers Market

Figure 9. Expert Opinion

Figure 10. Europe Fire Pump Controllers Market: Impact Analysis of Drivers and Restraints

Figure 11. Europe Fire Pump Controllers Market Forecast and Analysis (US$ Million)

Figure 12. Europe Fire Pump Controllers Market, By Type (2021 and 2028)

Figure 13. Europe Electric Fire Pump Controller: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)

Figure 14. Europe Diesel Fire Pump Controller: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)

Figure 15. Europe Fire Pump Controllers Market, By End-User (2021 and 2028)

Figure 16. Europe Industrial: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)

Figure 17. Europe Commercial: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)

Figure 18. Europe Residential: Fire Pump Controllers Market Revenue and Forecast to 2028 (US$ Million)

Figure 19. Europe Fire Pump Controllers Market, Revenue and Forecast To 2028 (US$ Million)

Figure 20. Europe Fire Pump Controllers Market Breakdown, by Country, 2021 & 2028 (%)

Figure 21. Germany Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)

Figure 22. France Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)

Figure 23. Italy Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)

Figure 24. UK Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)

Figure 25. Russia Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)

Figure 26. Rest of Europe Fire Pump Controllers Market, Revenue and Forecast to 2028 (US$ Million)

● ComAp AS

● Eaton Corp Plc

● Firetrol Inc

● Flowserve Corp

● Grundfos Holding AS

● Hubbell Inc

● Master Control Systems Inc

● NAFFCO FZCO

● Pentair Plc

● Tornatech Inc

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Europe fire pump controllers market

● Highlights key business priorities in order to assist companies to realign their business strategies

● The key findings and recommendations highlight crucial progressive industry trends in the Europe fire pump controllers market, thereby allowing players across the value chain to develop effective long-term strategies

● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets

● Scrutinize in-depth Europe market trends and outlook coupled with the factors driving the fire pump controllers market, as well as those hindering it

● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution

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