Europe Fire Hydrants Market by Product Type, Operating Type, Construction, and End User : Region Opportunity Analysis and Industry Forecast, 2020–2027

Europe Fire Hydrants Market by Product Type, Operating Type, Construction, and End User : Region Opportunity Analysis and Industry Forecast, 2020–2027

  • September 2020 •
  • 159 pages •
  • Report ID: 5983675 •
  • Format: PDF
Europe Fire Hydrants Market by Product Type (Dry Barrel and Wet Barrel), Operating Type (Conventional and Smart), Construction (Underground and Aboveground), and End User (Industrial and Commercial): Region Opportunity Analysis and Industry Forecast, 2020–2027

The Europe fire hydrants market size was valued at $ 308.0 million in 2019, and is projected to reach $416.4 million by 2027, registering a CAGR of 5.1% from 2020 to 2027. A fire hydrant is an equipment placed outside or inside the premises of a building, industrial area, and parking area, which is connected to a private or municipal water service network. They are designed to offer water during fire incidences or when a temporary connection of pipelines is required.
The Europe fire hydrants market is witnessing development, owing to rise in demands from commercial users and industrial customers. Governments in several countries such as Spain and Germany have implemented strict fire safety rules, which has progressively led to huge demand for fire hydrants. Development of the fire hydrants is expected to grow at a significant rate in the coming years, owing to rise in commercial and industrial buildings. Trends show that fire hydrants with wireless sensors or smart nodes are widely being adopted in developed countries. High proficiency is attained by use of smart nodes or wireless sensors in fire hydrants as maintenance is low-priced and action is fast.
Furthermore, the Europe fire hydrants market is expected to have a wide scope in the upcoming years, owing to rise in installation of fire hydrants in organizations, commercial spaces, and industries for fire safety. In addition, rise in awareness toward safety and security of assets is anticipated to garner to the growth of the Europe fire hydrants market. However, need for certifications & tests and initial installation & maintenance costs of fire hydrants hinder the market growth.
Major players are engaged in manufacturing of application specific fire hydrants. For instance, in June 2018, Mueller Water Products, Inc., launched the Super Centurion A-403 fire hydrant. This fire hydrant features two-piece ductile iron upper barrel with a nozzle section. This hydrant is designed, especially for installation and maintenance by one person. In addition, rise in demand for smart fire hydrants in countries such as Germany and the UK is anticipated to create lucrative opportunities for the Europe fire hydrants market growth.
The Europe fire hydrants market is segmented on the basis of product type, operating type, construction, end user, and region. By product type, the market is categorized into dry barrel and wet barrel. The dry is expected to be the major segment for fire hydrants during the forecast period. By operating type, it is segmented into conventional and smart. The conventional segment is anticipated to be the dominant segment for fire hydrants during the study period. On the basis of end user, it is bifurcated into commercial and industrial. The industrial segment is anticipated to exhibit highest growth rate during the forecast period. Country wise, the market is analyzed across Germany, the UK, France, Spain, Italy, and rest of Europe.

COMPETITION ANALYSIS
Major players profiled in the Europe fire hydrants market include AVK International A/S, Bocciolone Antincendio S.P.A., Compagnie De Saint Gobain S.A., Viking Group Inc, Hawle Holding GmbH, IMP Armature D.O.O., Mueller Water Products, Inc, Rapidrop Global Ltd, Talis Management Holding GmbH, VonRoll Hydro AG.

KEY BENEFITS FOR STAKEHOLDERS
- The report provides an extensive analysis of the current and emerging Europe fire hydrants market trends and dynamics.
- Extensive analysis of the Europe fire hydrants market is conducted by following key product positioning and monitoring of the top competitors within the market framework.
- A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
- The Europe fire hydrants market forecast analysis from 2020 to 2027 is included in the report.
- The key market players within Europe fire hydrants market are profiled in this report and their strategies are analyzed thoroughly, which help understand the competitive outlook of the Europe fire hydrants market.

EUROPE FIRE HYDRANTS MARKET SEGMENTS

BY PRODUCT TYPE
• Dry Barrel
• Wet Barrel

BY OPERATING TYPE
• Conventional
• Smart

BY CONSTRUCTION
• Underground
• Above Ground

BY END-USER
• Industrial
• Commercial

BY Country
• Europe
o Germany
o UK
o Italy
o Spain
o France
o Italy
o Rest of Europe

KEY PLAYERS
• AVK Holding A/S
• Bocciolone Antincendio s.p.a.
• Compagnie De Saint-Gobain S.A.
• Viking Group
• Hawle Holding GmbH
• IMP Armature d.o.o.
• Mueller Water Products, Inc
• Rapidrop Global Ltd
• Talis Management Holding GmbH
• VonRoll Hydro AG.