The Fire Pumps Market size is valued at USD 8,476.9 million in 2021 and is expected to grow at a significant CAGR of 3.8% during the forecast period from 2022 to 2028. The global market provides a detailed overview of the Fire Pumps Market and that can be segmented By Power for Operating, Product Type, Application. By power for operating, the fire pumps market has been segmented into Electric Fire Pumps, Diesel Fire Pumps, Steam Turbine, Dual Fire Pumps. The Electric Fire Pumps segment is likely to be the largest and fastest-growing segment in terms of power for operating. Based on product type, the fire pumps market is segmented into Horizontal Split Case, Vertical Split Case, Vertical in Line, Vertical Turbine, End Suction. Among these, the horizontal split case segment is expected to have the fastest-growing market during the forecast period 2022-2028. Based on application, the Fire Pumps market is segmented into Irrigation, Sludge Handling, Wastewater, Boiler Feed, Stormwater Handling Others. Irrigation is expected to grow at the highest CAGR over the forecast years according to Precision Business Insights.
In July 2017, Australian pump industries announce launch of fire pump for the mining industry.
In January 2018, Armstrong launches high performance fire pump models.