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Global Fire Hydrant Market: By Product Type: Dry Barrel, Wet Barrel; By Operating Type: Conventional, Smart; By Construction: Underground, Above Ground; By End User: Commercial, Industrial; Regional Analysis; Historical Market and Forecast (2017-2027); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Fire Hydrant Market Outlook

The global fire hydrant market stood at a value of around USD 1178.9 million in 2021. The market is further expected to grow at a CAGR of 4.95% in the forecast period of 2022-2027 to attain a value of around USD 1575.3 million by 2027.

 

Global Fire Hydrant Market

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Increasing Utilisation of Dry Barrel Fire Hydrants to Catalyse the Growth of the Global Fire Hydrant Industry

Based on product type, the dry barrel segment is estimated to occupy a significant share in the fire hydrant industry. This can be attributed to the increased use of dry barrel fire hydrants in regions with a colder climate. Dry barrel hydrants are designed for areas with lower temperatures, as the barrels above ground remain dry and the water main is located below the ground, which prevents it from freezing. In addition, with subsequent developments in fire hydrant systems worldwide, manufacturers are combining both the wet and dry barrel properties to create a hybrid fire hydrant, such as wet-top dry barrel hydrants, that could work in varied climates. This is expected to further aid the market in the forecast period.

 

The North American Region to Possess a Significant Market Share in the Global Fire Hydrant Industry

North America is predicted to occupy a significant share of the global fire hydrant industry. This can be attributed to the stringent regulations put in place by the government and other regulatory agencies in the region. According to a report issued by the World Bank, fires cause more than 180,000 fatalities in a year globally, which is three times more than the annual average of natural hazards, and in the US alone, fire-related expenses amount to 1-2% of the GDP, annually. As a result, strict fire regulations are increasingly being implemented in order to reduce the risk of fires. These factors are expected to positively impact the market growth of fire hydrants in the forecast period.

 

Fire Hydrant: Market Segmentation

Fire hydrants are water outlets that are essential in the active fire protection process. Fire hydrants are found in most urban and suburban areas, where the water is connected to the municipal water network that can be easily used to draw out a large volume of water by the fire rescue team in extinguishing a fire. These are found underneath the ground and aboveground. They come in bright red and yellow colours to increase their visibility, and sometimes have different coloured tops to indicate the volume of water a fire hydrant can deliver in gallons per minute (GPM), with blue having the highest GPM and red, the lowest.  In addition, these hydrants are also used in water transfer and irrigation processes.

 

Global Fire Hydrant Market By Segment

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By product type, the market is distributed into:

  • Dry Barrel 
  • Wet Barrel

On the basis of operating type, the industry can be categorised into:

  • Conventional 
  • Smart

Based on construction, the market can be segmented into:

  • Underground 
  • Aboveground

On the basis of end user, the industry can be bifurcated into:

  • Commercial
  • Industrial

The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

 

Global Fire Hydrant Market By Region

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Rising Industrialisation and Urbanisation to Augment the Growth of the Global Fire Hydrant Industry

According to the World Bank report dated October 2020, rapidly increasing urbanisation is a major cause of fires globally, and by 2050, two-third of the entire world's population would be living in cities. This, in turn, is leading to numerous issues such as fire hazards. Moreover, heightened industrialisation, especially in areas with high population density, is leading to the informal construction of commercial and residential buildings that do not meet the regulatory standards of fire safety and precautions and pose a major urban fire risk. In this regard, governments are increasingly investing in infrastructure planning and construction by utilising fire-resistant materials and installing fire hydrant systems. The growing installation of fire hydrant systems in and around the building to increase safety while efficiently decreasing the chances of a huge disaster is expected to aid the market in the forecast period.

 

Key Industry Players in the Global Fire Hydrant Market

The report gives a detailed analysis of the following key players in the global fire hydrant market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • American Cast Iron Pipe Company
  • AVK Holding A/S
  • EJ Group Inc.
  • Kupferle Foundry Company
  • Others

The comprehensive EMR report provides an in-depth assessment of the industry based on the Porter's five forces model and SWOT analysis.

 

REPORT FEATURES DETAILS
Base Year 2021
Historical Period 2017-2021
Forecast Period 2022-2027
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical
and Forecast Market Analysis by Segment- Product Type, Operating Type, Construction, End User, Region
Breakup by Product Type Dry Barrel, Wet Barrel
Breakup by Operating Type Conventional, Smart
Breakup by Construction Underground, Above Ground
Breakup by End User Commercial, Industrial
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered American Cast Iron Pipe Company, AVK Holding A/S., EJ Group Inc, Kupferle Foundry Company, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description

    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary

    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Industry Opportunities and Challenges
8    Global Fire Hydrant Market Analysis

    8.1    Key Industry Highlights
    8.2    Global Fire Hydrant Historical Market (2017-2021) 
    8.3    Global Fire Hydrant Market Forecast (2022-2027)
    8.4    Global Fire Hydrant Market by Product Type
        8.4.1    Dry Barrel
            8.4.1.1    Market Share
            8.4.1.2    Historical Trend (2017-2021)
            8.4.1.3    Forecast Trend (2022-2027)
        8.4.2    Wet Barrel
            8.4.2.1    Market Share
            8.4.2.2    Historical Trend (2017-2021)
            8.4.2.3    Forecast Trend (2022-2027)
    8.5    Global Fire Hydrant Market by Operating Type
        8.5.1    Conventional
            8.5.1.1    Market Share
            8.5.1.2    Historical Trend (2017-2021)
            8.5.1.3    Forecast Trend (2022-2027)
        8.5.2    Smart
            8.5.2.1    Market Share
            8.5.2.2    Historical Trend (2017-2021)
            8.5.2.3    Forecast Trend (2022-2027)
    8.6    Global Fire Hydrant Market by Construction
        8.6.1    Underground
            8.6.1.1    Market Share
            8.6.1.2    Historical Trend (2017-2021)
            8.6.1.3    Forecast Trend (2022-2027)
        8.6.2    Above Ground
            8.6.2.1    Market Share
            8.6.2.2    Historical Trend (2017-2021)
            8.6.2.3    Forecast Trend (2022-2027)
    8.7    Global Fire Hydrant Market by End User
        8.7.1    Commercial
            8.7.1.1    Market Share
            8.7.1.2    Historical Trend (2017-2021)
            8.7.1.3    Forecast Trend (2022-2027)
        8.7.2    Industrial
            8.7.2.1    Market Share
            8.7.2.2    Historical Trend (2017-2021)
            8.7.2.3    Forecast Trend (2022-2027)
    8.8    Global Fire Hydrant Market by Region
        8.8.1    Market Share
            8.8.1.1    North America
            8.8.1.2    Europe
            8.8.1.3    Asia Pacific
            8.8.1.4    Latin America
            8.8.1.5    Middle East and Africa
9    Regional Analysis
    9.1    North America
        9.1.1    Historical Trend (2017-2021)
        9.1.2    Forecast Trend (2022-2027)
        9.1.3    Breakup by Country
            9.1.3.1    United States of America 
            9.1.3.2    Canada
    9.2    Europe
        9.2.1    Historical Trend (2017-2021)
        9.2.2    Forecast Trend (2022-2027)
        9.2.3    Breakup by Country
            9.2.3.1    United Kingdom
            9.2.3.2    Germany
            9.2.3.3    France
            9.2.3.4    Italy
            9.2.3.5    Others
    9.3    Asia Pacific
        9.3.1    Historical Trend (2017-2021)
        9.3.2    Forecast Trend (2022-2027)
        9.3.3    Breakup by Country
            9.3.3.1    China
            9.3.3.2    Japan
            9.3.3.3    India
            9.3.3.4    ASEAN
            9.3.3.5    Australia
            9.3.3.6    Others
    9.4    Latin America
        9.4.1    Historical Trend (2017-2021)
        9.4.2    Forecast Trend (2022-2027)
        9.4.3    Breakup by Country
            9.4.3.1    Brazil
            9.4.3.2    Argentina
            9.4.3.3    Mexico
            9.4.3.4    Others
    9.5    Middle East and Africa
        9.5.1    Historical Trend (2017-2021)
        9.5.2    Forecast Trend (2022-2027)
        9.5.3    Breakup by Country
            9.5.3.1    Saudi Arabia
            9.5.3.2    United Arab Emirates
            9.5.3.3    Nigeria
            9.5.3.4    South Africa
            9.5.3.5    Others
10    Market Dynamics
    10.1    SWOT Analysis
        10.1.1    Strengths
        10.1.2    Weaknesses
        10.1.3    Opportunities
        10.1.4    Threats
    10.2    Porter’s Five Forces Analysis
        10.2.1    Supplier’s Power
        10.2.2    Buyers Power
        10.2.3    Threat of New Entrants
        10.2.4    Degree of Rivalry
        10.2.5    Threat of Substitutes
    10.3    Key Indicators for Demand
    10.4    Key Indicators for Price
11    Value Chain Analysis
12    Competitive Landscape

    12.1    Market Structure
    12.2    Company Profiles
        12.2.1    American Cast Iron Pipe Company
            12.2.1.1    Company Overview
            12.2.1.2    Product Portfolio
            12.2.1.3    Demographic Reach and Achievements
            12.2.1.4    Certifications
        12.2.2    AVK Holding A/S.
            12.2.2.1    Company Overview
            12.2.2.2    Product Portfolio
            12.2.2.3    Demographic Reach and Achievements
            12.2.2.4    Certifications
        12.2.3    EJ Group Inc
            12.2.3.1    Company Overview
            12.2.3.2    Product Portfolio
            12.2.3.3    Demographic Reach and Achievements
            12.2.3.4    Certifications
        12.2.4    Kupferle Foundry Company
            12.2.4.1    Company Overview
            12.2.4.2    Product Portfolio
            12.2.4.3    Demographic Reach and Achievements
            12.2.4.4    Certifications
        12.2.5    Others
13    Industry Events and Developments 

 

List of Key Figures and Tables

1.    Global Fire Hydrant Market: Key Industry Highlights, 2017 and 2027
2.    Global Fire Hydrant Historical Market: Breakup by Product Type (USD Million), 2017-2021
3.    Global Fire Hydrant Market Forecast: Breakup by Product Type (USD Million), 2022-2027
4.    Global Fire Hydrant Historical Market: Breakup by Operating Type (USD Million), 2017-2021
5.    Global Fire Hydrant Market Forecast: Breakup by Operating Type (USD Million), 2022-2027
6.    Global Fire Hydrant Historical Market: Breakup by Construction (USD Million), 2017-2021
7.    Global Fire Hydrant Market Forecast: Breakup by Construction (USD Million), 2022-2027
8.    Global Fire Hydrant Historical Market: Breakup by End Use (USD Million), 2017-2021
9.    Global Fire Hydrant Market Forecast: Breakup by End Use (USD Million), 2022-2027
10.    Global Fire Hydrant Historical Market: Breakup by Region (USD Million), 2017-2021
11.    Global Fire Hydrant Market Forecast: Breakup by Region (USD Million), 2022-2027
12.    North America Fire Hydrant Historical Market: Breakup by Country (USD Million), 2017-2021
13.    North America Fire Hydrant Market Forecast: Breakup by Country (USD Million), 2022-2027
14.    Europe Fire Hydrant Historical Market: Breakup by Country (USD Million), 2017-2021
15.    Europe Fire Hydrant Market Forecast: Breakup by Country (USD Million), 2022-2027
16.    Asia Pacific Fire Hydrant Historical Market: Breakup by Country (USD Million), 2017-2021
17.    Asia Pacific Fire Hydrant Market Forecast: Breakup by Country (USD Million), 2022-2027 
18.    Latin America Fire Hydrant Historical Market: Breakup by Country (USD Million), 2017-2021
19.    Latin America Fire Hydrant Market Forecast: Breakup by Country (USD Million), 2022-2027
20.    Middle East and Africa Fire Hydrant Historical Market: Breakup by Country (USD Million), 2017-2021
21.    Middle East and Africa Fire Hydrant Market Forecast: Breakup by Country (USD Million), 2022-2027
22.    Global Fire Hydrant Market Structure

Key Questions Answered in the Report

In 2021, the global fire hydrant market attained a value of nearly USD 1178.9 million.

The market is projected to grow at a CAGR of 4.95% between 2022 and 2027.

The market is estimated to witness a healthy growth in the forecast period of 2022-2027 to reach USD 1575.3 million by 2027.

The major drivers of the industry, such as the increased focus on safety in commercial and residential buildings, rising incidences of fire worldwide, increased investments by the government in the development of fire protection strategies, and rapid technological advancements, are expected to aid the market growth.

The key market trends guiding the industry's growth include the rising urbanisation and industrialisation.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

The significant product types include dry barrel and wet barrel.

The major segments based on operating type include conventional and smart.

The significant segments based on construction include underground and aboveground.

The major end use segments include commercial and industrial.

The major players in the industry are American Cast Iron Pipe Company, AVK Holding A/S, EJ Group Inc., Kupferle Foundry Company, and others.

Analyst Review

The global fire hydrant market attained a value of USD 1178.9 million in 2021, driven by the growing urbanisation and industrialisation. Aided by the rapid technological advancements, the market is expected to witness a further growth in the forecast period of 2022-2027, growing at a CAGR of 4.95%. The market is projected to reach USD 1575.3 million by 2027.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. By product type, the market can be distributed into dry barrel and wet barrel. On the basis of operating type, the industry can be segmented into conventional and smart. Based on construction, the industry can be segregated into underground and aboveground. The industry can be bifurcated, based on end user, into commercial and industrial. The major regional markets for fire hydrants are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include American Cast Iron Pipe Company, AVK Holding A/S, EJ Group Inc., Kupferle Foundry Company, and others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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