Fire Pump Controllers Market Insights, Global Trend And Revenue Growth Forecast Till 2028

The "Fire Pump Controllers Market" was valued at US$ 289.32 million by 2028, it is expected to grow at a CAGR of 6.2% during 2021-2028.

Fire-related hazards are severe and lead to loss of life and valuable assets. When dealing with a fire, it is important to remain alert and follow preventive measures to avoid the chances of getting burned. Thus, various initiatives and projects have been taken to increase awareness among people. For instance, in October 2021, a global coalition of over 80 fire safety leadership organizations launched a new Decade of Action for Fire Safety 2022-2032.

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The List of Companies - Fire Pump Controllers Market
1. ComAp AS
2. Eaton Corp Plc
3. Hubbell Inc
4. Master Control Systems Inc
5. NAFFCO FZCO
6. Firetrol Inc
7. Tornatech Inc

The fire pump controllers market is segmented into five major regions-North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South America. In 2022, Asia Pacific led the market with the largest share, followed by Europe. Further, North America is expected to register the highest CAGR in the fire pump controllers market from 2022 to 2028.

The program aims to ensure an internationally consistent approach to the safety and management of buildings and infrastructure and to save lives by reducing risk and preventing devastating fires. Similarly, the UQ Fire Safety team of the University of Queensland, Australia, implemented various changes for 2022 by updating online courses and offering a revamped fire extinguisher training course using the latest technologies. The fire extinguisher training courses will be delivered by a member of the fire safety team and will utilize the fully immersive/virtual reality extinguisher training system. Such initiatives will fuel the fire pump controllers market growth over the forecast period.

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The Europe fire pump controllers market is highly fragmented due to the presence of a 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 the fire pump controllers market size. These companies are collaboratively working with industrial facilities to understand their respective customers' demands and provide reliable solutions to remain competitive in the fire pump controllers market share. Moreover, the collaboration and acquisition strategies followed by these companies are leading to higher consolidation of the regional fire pump controllers market. In April 2022, Johnson Controls announced that it had acquired Powertec Pumps Ltd to enhance its fire pump products portfolio in the fire suppression sector.

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