Saudi Arabia Fire Pump Market Analysis - 2032
The Saudi Arabia fire pump market was valued at $30.4 million in 2022, and is projected to reach $44.3 million by 2032, growing at a CAGR of 3.9% from 2022 to 2032.
A fire pump is a mechanical device designed to supply a continuous flow of pressurized water or other fire suppression agents (such as foam or chemicals) to a fire protection system, typically in buildings or industrial facilities. Fire pumps are a crucial component of fire sprinkler systems, hydrant systems, and standpipe systems, ensuring that an adequate and high-pressure water supply is available to combat fires effectively. These pumps are specifically engineered to maintain water pressure and flow rates, even when the normal water supply is insufficient or when the pressure drops due to the demands of firefighting. They play a vital role in fire safety by delivering the necessary resources to control and extinguish fires in a timely and efficient manner.
The rapid growth in the construction industry propels the Saudi Arabia fire pump market as new construction requires fire pump. Urbanization and change in lifestyle further boost the demand for modern constructions with reliable firefighting systems. Rise in adoption of wireless technology in fire detection is expected to aid the fire pump market to grow further during the forecast period. New and advanced technologies such as loT, cloud computing, and AI are incorporated into fire detection and firefighting systems to increase their capabilities. Regulations of the government of Saudi Arabia regarding compulsory installation of fire detection, alarm, and safety systems, particularly in the industrial sector, are anticipated to benefit the market for firefighting systems in Saudi Arabia, which is expected to augment the fire pump market growth during the forecast period.
Demand for this equipment increases simultaneously with growing urbanization and industrialization. Fire pumps are essential in many commercial, industrial, and residential applications to ensure adequate water pressure in emergencies, facilitate fire suppression efforts, and safeguard lives & property. Fire pumps are critical components of a building's fire protection system, particularly in high-rise buildings and manufacturing sites. Fire pumps are crucial in distributing water through sprinkler systems in 400-500 feet or higher facilities where water pressure from water mains and firefighting equipment do not reach. Moreover, the rise in fire accidents in residential and commercial spaces fosters the installation of adequate fire pumps. Governments mandate the installation of fire sprinklers and fire protection systems to reduce fatalities during fires. Furthermore, rapid industrial expansion has increased demand for effective firefighting solutions in industries with high-risk hazards such as chemicals and oil & gas. However, associated design complications and failure issues impede the adoption of fire pumps. In addition, innovative research focused on environment-friendly materials, energy-efficient designs, and smart monitoring system integration with IoT technology help gain a competitive edge in the market. The ongoing deployment of advanced technologies and stringent government regulations for fire safety create a lucrative spectrum for the fire pump market.
In Saudi Arabia alone, there are more than 500 fire protection system companies that cater to the demands of domestic and neighboring countries for fire controller and protection systems. Further, the country has many offshore oil & gas infrastructure facilities constantly driving the deployment of fire protection systems and pump controller systems across those facilities. Moreover, the rise in construction of new offshore oil & gas facilities is another major factor driving the deployment of fire safety systems and pump controllers across the country. Such instances push the expansion of offshore industrial facilities and thereby drive the deployment of fire pump and fire pump controller systems across the country.
The Saudi Arabia fire pump market is segmented into product type, powered basis, and application. On the basis of product type, the market is divided into horizontal split case, vertical split case, vertical in-line, vertical turbine and end suction. On the basis of powered basis, the market is classified into electric, diesel, gasoline and others. On the basis of application, the market is divided into field emergency, industry application, commercial application and others. The major companies profiled in this report include EBARA Pumps Europe S.p.A., Grundfos Saudi Arabia Company Ltd, Xylem Inc, Sulzer Ltd, NAFFCO, SFFECO, Saudi Mechanical Industries Co., Ruhaily, Burien and RK Fire.
Saudi Arabia fire pump market, by product type
In 2022, the horizontal split case segment was the highest revenue contributor to the market, with $8.65 million in 2022, and is estimated to reach $13.46 million by 2032, with a CAGR of 4.6%. Horizontal split case pumps are preferred in fire protection systems due to their reliability and ease of maintenance. The split case design allows rapid maintenance and repairs, ensuring that the pump is back in service quickly. Furthermore, durability and longevity of horizontal split case pumps make them a suitable choice for fire protection applications. These characteristics are vital to ensure that fire protection systems function effectively and are quickly repaired, which is essential for public safety and property protection during fire emergencies. Henceforth, the above-mentioned factors are projected to boost the demand for horizontal split case pumps during the forecast period.
By Product Type
Horizontal Split Case segment is the most lucrative segment
Saudi Arabia fire pump market, by powered basis
In 2022, the diesel segment was the highest revenue contributor with $11.73 million in 2022, and is estimated to reach $16.93 million by 2032, registering a CAGR of 3.8%. Diesel engines serve as standby power sources in case of electrical failures. Rise in urbanization and infrastructure development has increased need for backup systems to ensure fire safety in buildings and industrial facilities. Diesel-powered fire pumps are suitable for remote locations and off-grid areas where electrical power is unreliable. Further trends include the development of hybrid fire pump systems that combine diesel power with other sources such as electricity or battery backups for improved efficiency and reduced emissions.
By Powered Basis
Others segment witnessed the highest market share
Saudi Arabia fire pump market, by application
In 2022, the industrial application segment was the highest revenue contributor with $11.74 million in 2022, and is estimated to reach $18.12 million by 2032, registering a CAGR of 4.5%. Industries, especially dealing with hazardous materials or processes, face a higher risk of fire incidents. Fire pumps provide a reliable means to mitigate these risks, thereby protecting assets, personnel, and the environment. The need to reduce potential losses due to fire incidents encourages industries to invest in advanced fire pump systems. The fire pump market benefits from advancements in technology. Modern fire pumps offer improved efficiency, reliability, and connectivity features. Industries are inclined to invest in these advanced systems to enhance their overall fire safety capabilities, leading to market growth.
By Application
Industry Application segment witnessed the highest market share
Key Strategies
- In January 2021, Grundfos Saudi Arabia opened a new pump station at the King Abdullah expansion Grand Mosque in Mecca.
- In March 2020, SULZER opened a new service center in Saudi Arabia. This facility will provide maintenance and repair services for all types of pumps.
Impact Of Covid-19 On The Saudi Arabia Fire Pump Industry
- Owing to the outbreak of the COVID-19 pandemic, the country had to enforce lockdown that halted the progress of construction of new properties and households. Therefore, the demand for fire pumps decreased. Owing to disruption in the distribution channel, adequate raw materials could not reach the industries for production. Construction sites had no option to order directly from the company, whereas online purchases could not support the installation service.
- Economic uncertainty and the need for financial conservation led some businesses to postpone or scale back investment in infrastructure projects. To counter the economic impact of the pandemic, the Saudi Arabian government introduced stimulus packages and infrastructure projects to stimulate economic recovery. These initiatives included provisions for fire safety, which helped to boost the fire pump market growth.
Report Key Highlighters
- The Saudi Arabia fire pump market is consolidated the major companies profiled in this report include EBARA Pumps Europe S.p.A., Grundfos Saudi Arabia Company Ltd, Xylem Inc, Sulzer Ltd, NAFFCO, SFFECO, Saudi Mechanical Industries Co., Ruhaily, Burien and RK Fire.
- The Saudi Arabia fire pump market includes company profiles of 10 key players who are actively engaged in producing various Saudi Arabia fire pump.
Saudi Arabia Fire Pump Market Report Highlights
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Analyst Review
The Saudi Arabia fire pump market is expected to witness increased demand during the forecast period due to exploration of oil & gas sector.?
Growing need for a fire safety system encourages companies to produce more advanced solutions. Hence, companies adopt various strategies such as partnerships, collaborations, mergers, and acquisitions to sustain the market. The International Association of Fire and Rescue Services has reported that in 2020, more than 4 million fire accidents were reported across the globe. These incidents led to 20,700 people losing their lives, and 70,000 people were injured. Fire-fighting pumps are an essential part of countering fire incidents. Fire pumps are required to pump various fire suppression substances, such as water and foam.
Industries such as oil & gas are at high risk for fire incidents, and any fire incident at these locations is devastating and causes heavy damage to life and property. The oil & gas industry has a high requirement for fire pumps. The necessity to reduce these fatalities and to increase safety measures drives the demand for firefighting equipment such as hoses & nozzles, fire sprinklers, and fire pumps, which is further expected to drive the growth of the fire pump market during the forecast period.
The industrial application segment was the highest revenue contributor with $11.74 million in 2022, and is estimated to reach $18.12 million by 2032, registering a CAGR of 4.5%.
The diesel segment was the highest revenue contributor with $11.73 million in 2022, and is estimated to reach $16.93 million by 2032, registering a CAGR of 3.8%.
The horizontal split case segment was the highest revenue contributor to the market, with $8.65 million in 2022, and is estimated to reach $13.46 million by 2032, with a CAGR of 4.6%.
Saudi Arabia fire pump market is expected to witness increased demand during the forecast period due to exploration of oil & gas sector.?
The leading players operating in the Saudi Arabia fire pump market include, EBARA Pumps Europe S.p.A., Grundfos Saudi Arabia Company Ltd, Xylem Inc, Sulzer Ltd, NAFFCO, SFFECO, Saudi Mechanical Industries Co., Ruhaily, Burien and RK Fire.
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