Market Overview:

MarkNtel Advisors has released a new report that highlights the strong growth trajectory of the Commercial Building Fire Pumps Market, The Global 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.  The report provides valuable insights into the drivers, trends, and challenges shaping the future of the Commercial Building Fire Pumps Market. It offers an in-depth look at the key players, geographical performance, and the segments leading the charge in market share.

Industry Outlook & Forecasts:

• Forecast Period: 2025-2030
• Market Size in 2024: USD 691 Million
• CAGR (2025-2030): 4.25%

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Global Commercial Building Fire Pumps Market Segmentation Breakdown:

• 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

Centrifugal pumps dominate the market by holding a share of about 95%. This is because of their ability to maintain uninterrupted operation at a high flow rate, in case of emergency.

• 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

Office building holds the largest market share of more than 40% in the Global Commercial Building Fire Pumps Market. This is primarily due to office buildings being one of the largest consumers of fire pumps.

Geographical Growth Insights:

• By Region
• North America
• South America
• Europe
• The Middle East and Africa
• Asia-Pacific

The Asia-Pacific region holds around 35% share of the Global Commercial Buildings Fire Pumps Market. Commercial building fire pump demand comes with the expansion of market end-users such as office spaces, retail spaces, industrial spaces, airports, and ports in the region.

MarkNtel Advisors Highlights Key Market Drivers for 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.

A Comprehensive Analysis of Leading Companies in Global Commercial Building Fire Pumps Market

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

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Global Commercial Building Fire Pumps Industry 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.

What are the growth Opportunity driving the Global Commercial Building Fire Pumps Market?

Global Tourism Underpinning Commercial Real Estate Expansion – There is a strong recovery in the global tourism sector. The UNWTO reported that international arrivals have reached 1.3 billion by the end of 2023 representing a strong recovery of 88% from the 2019 levels. It is estimated that in 2024, global tourism will make a complete recovery in terms of international arrivals. This is further underpinned by the fact that the UNWTO reported a near-complete recovery of 97% in the first quarter of 2024 to its pre-pandemic levels. This is led by the pent-up demand and increased connectivity, visa facilitation, and a stronger recovery from North America, Europe, and Asian destinations. Expanding tourism worldwide will lead to expansion in hotels, resorts, and restaurants, which will fuel the demand for fire pumps in these commercial real-estates.

Furthermore, the Asia-Pacific region which holds a significant market share of the global tourism industry has seen a rise in investments in its commercial real-estate sector. The investment volume has shown a jump of 7% in the first half of 2024 to USD 57.5 billion in contrast to the same period earlier according to JLL, a global real estate consulting firm. Additionally, the investments in the hotel volume grew to USD 5.7 billion in the first half of 2024, representing a YoY increase of 19%. The increasing investments coupled with the fact that the Asia-Pacific region’s recovery of international tourist arrivals standing at 82% of 2019 levels presents the market with a huge growth opportunity.

Apart from this, the rapidly growing number of international tourists is leading to the expansion of airports worldwide. According to the CAPA, Center for Aviation, as of 2023, there are more than 225 new airport projects, of which approximately 70% are in the Asia-Pacific. The statistics also depict that Latin America has approximately 26 new airport projects & Asia-Pacific has 132 projects. The expansion of the airport will further boost the demand for fire pumps amid the strict regulatory requirement for maintaining stringent fire safety standards in the airports.

Key Advantages of the Report by MarkNtel Advisors:

Accurate Revenue Projections: The report provides precise revenue estimates for the market and its key subsegments, benefiting both market leaders and new entrants.

Strategic Insights for Stakeholders: By understanding the competitive landscape, stakeholders can strategically position their businesses and develop effective go-to-market strategies.

Comprehensive Market Dynamics Analysis: The report offers valuable insights into the key drivers, restraints, challenges, and opportunities within the market, helping stakeholders make well-informed decisions.

Note: If you need additional information not included in the report, we can customize it to suit your requirements.

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About Us –

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

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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