Fire Pump Controllers Market Is Recovering From Covid-19 Outbreak

What is Fire Pump Controller ?

Fire pump controllers are the control panels that contain electrical components such as circuit breakers, relays, switches, and other devices for the operation of fire pumps. The devices within a fire pump controller perform various functions, including receiving signals from alarm devices, activating motor control devices to provide electric power to motors, and monitoring the fire pump operation and performance. The fire pump controllers help to monitor the operation status, and in case of fire, the controller will receive a signal from the pressure switch and start the fire pump.

According to our latest market study, "Fire Pump Controllers Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and End-User," the market is expected to grow to US$ 289.32 million by 2028; it is expected to grow at a CAGR of 6.2% from 2022 to 2028.

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UL (Underwriters Laboratory) and FM (Factory Mutual) both list and approve fire pump controllers. This listing ensures that regardless of manufacturer, all fire pump controllers contain specific elements and designs to ensure reliable operation in the event of a fire. Also, the minimum required components of fire pump controllers are governed by NFPA 20. The growing infrastructural and construction activities worldwide are the key factor fuelling the fire pump controllers market growth. Also, the development projects such as construction of airports, hospitals, and other facilities are further boosting the growth of the market. In addition, the rising awareness about fire safety is driving the growth of fire pump controller’s market. Also, the integration of Variable Frequency Drive (VFD) in fire pump controllers, which increases energy efficiency, further propelling the market growth. Moreover, technological advancement in fire pump controllers is also expected to fuel market growth during the forecast period.

Key Findings of Study:

The fire pump controllers market is segmented based on type and end-user. Based on type, the market is bifurcated into electric fire pump controller and diesel fire pump controller. In 2022, the electric fire pump controller segment led the fire pump controllers market. Based on end-user, the market is categorized into industrial, commercial, and residential. In 2022, the industrial segment led the fire pump controllers market.

List of Companies Fire Pump Controllers Market :

· ComAp AS

· Eaton Corp Plc

· Hubbell Inc

· Master Control Systems Inc

· NAFFCO FZCO

· Firetrol Inc

· Tornatech Inc

TABLE OF CONTENTS

· Fire Pump Controllers Market Landscape

· Fire Pump Controllers Market – Key Industry Dynamics

· Fire Pump Controllers Market – Global Market Analysis

· Fire Pump Controllers Market Analysis – By Type

· Fire Pump Controllers Market Revenue and Forecast to 2028 – End-User

· Fire Pump Controllers Market – Geographic Analysis

· Impact of COVID-19 Pandemic on Global Fire Pump Controllers Market

· Company Profiles

Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the 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 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 global market trends and outlook coupled with the factors driving the 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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About Us:

The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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• What is the estimated global market size for the Fire Pump Controllers market in 2022?

· The global fire pump controllers market was estimated to be US$ 201.60 million in 2022 and is expected to grow at a CAGR of 6.2%, during the forecast period 2022 - 2028.