MarkNtel Advisors recently published a detailed industry analysis of the Global Commercial Building Fire Pumps Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Global Commercial Building Fire Pumps Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The Commercial Building Fire Pumps Market size was valued at around USD 691 Million in 2024 and is projected to reach around USD 851 million by 2030. Along with this, the market is estimated to grow at a CAGR of around 4.25% during the forecast period, i.e., 2025-30.

What are the major Driver the Global Commercial Building Fire Pumps Market?

Expansion in the Commercial Sector – The global demand for fire pumps in commercial buildings is primarily driven by the expansion in the commercial sector worldwide. This expansion is driven by the rising economic activities worldwide. For instance, the IMF reported that the global economy was growing at 2.8% in 2019 after a resilient economic recovery reached an economic growth rate of 3.2% in 2023. This growth involves the strong recovery and further expansion in office space, and retail spaces worldwide. Due to strict requirements for fire safety systems in commercial properties in various countries like the USA, China, India, Japan, etc., the demand for fire pumps will increase particularly in the countries in the Asia-Pacific region.

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What segments define the Global Commercial Building Fire Pumps Market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

By Mode of Operation

• Diesel Commercial Building Fire Pumps - Market Size & Forecast 2020-2030, USD Million
• Steam Turbine - Market Size & Forecast 2020-2030, USD Million
• Electric Commercial Building Fire Pumps - Market Size & Forecast 2020-2030, USD Million
• Dual Commercial Building Fire Pumps - Market Size & Forecast 2020-2030, USD Million

By Pump Type

• Centrifugal Pumps
• Overhung Pumps
• Vertical Inline Pumps
• Horizontal End Suction Pumps
• Split Case Pump
• Single/Two-Stage Pumps
• Multi-Stage Pumps
• Positive Displacement Pumps
• Diaphragm Pumps
• Piston Pumps

According to report, Centrifugal pumps dominate the market by holding a share of about 95%.

By End Users

• Office Buildings - Market Size & Forecast 2020-2030, USD Million
• Warehouses- Market Size & Forecast 2020-2030, USD Million
• Retail Spaces- Market Size & Forecast 2020-2030, USD Million
• Others (Airports, Ports, etc.)- Market Size & Forecast 2020-2030, USD Million

According to report, Office building holds the largest market share of more than 40% in the Global Commercial Building Fire Pumps Market.

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Geographical Analysis: Global Commercial Building Fire Pumps Market

 By Region

• North America
• South America
• Europe
• The Middle East & Africa
• Asia-Pacific

Global Commercial Building Fire Pumps Market Share & Competitive Landscape:

The Commercial Building Fire Pumps Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Global Commercial Building Fire Pumps Market are:

• Flowserve
• Sulzer
• Pentair
• Grundfos
• Ebara
• Kirloskar Brothers Limited
• ITT (Xylem)
• KSB
• WILO
• Liancheng Group
• Others (Waterous, etc)

Global Commercial Building Fire Pumps Recent Development:

• March 2023: WILO Group signed an MoU with the Ministry of Investment in Saudi Arabia to expand in the region. The company would install an assembly facility in Saudi Arabia to manufacture & assemble pumps & systems locally.

Questions Addressed in this Study

1.What factors are driving the Global Commercial Building Fire Pumps Market growth?

2.How is the Global Commercial Building Fire Pumps Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Global Commercial Building Fire Pumps Market?

4.What is the current size of the Global Commercial Building Fire Pumps Market, and how is it projected to change in the future?

6.What is the future outlook for the Global Commercial Building Fire Pumps Market in terms of technological advancements and market expansion?

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Why MarkNtel Advisors?

MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.

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