North America Fire Hydrant Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Product Type (Dry Barrel and Wet Barrel), Operating Type (Conventional and Smart), Construction (Underground and Above Ground), and End User (Commercial and Industrial)
The North America fire hydrant market is expected to grow from US$ 625.09 million in 2021 to US$ 840.57 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028.
The construction sector has been flourishing with increased infrastructural projects in recent times. This trend is anticipated to endure over the years, creating a huge potential for commercial and industrial construction. Governments of various countries are undertaking initiatives to support the construction industry. The growth phase in the construction industry and building design has introduced more professional designs, construction methods, and technologies to fulfill the demand for fire safety. With growing construction, the infrastructure projects in the commercial and residential sector are booming. Malls, dwellings, hotels, domestic and residential buildings, especially high-rise buildings, are witnessing huge growth. In recent years, multi-story and high-rise buildings have garnered significant attention in fire safety. The code bodies and local, regional, and national governments are all engaged in increasing the safety of high-rise buildings. The numerous skyscrapers in countries contribute to the adoption of fire hydrant equipment. Strong economic conditions and low rates of interest are contributing toward the expansion of construction in the region. The construction industry in the region is experiencing a steady growth in commercial and industrial construction sectors. Progression in the construction of private housing, commercial offices, and commercial retail is anticipated to provide prosperous growth opportunities to the regional market, thus, positively impacting the North America fire hydrant market.
Due to government regulations regarding environmental safety, the US has surfaced as one of the largest fire hydrant consumers, deploying them in almost every industrial, construction, and commercial building. As the manufacturing sector was restricted for a few months, the production and uptake of fire hydrants have experienced a decline. In addition, the Division of the Fire Marshal (DFM) states that fires in residential homes claimed the lives of more than 3,600 in the US in 2018. Fire safety products are growing to lower the harmful impact of fire on the people.
With the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America fire hydrant market. The North America fire hydrant market is expected to grow at a good CAGR during the forecast period.
North America Fire Hydrant Market Revenue and Forecast to 2028 (US$ Million)
North America Fire Hydrant Market Segmentation
North America Fire Hydrant Market – By Product Type
- Dry Barrel
- Wet Barrel
North America Fire Hydrant Market – By Operating Type
- Conventional
- Smart
North America Fire Hydrant Market – By Construction
- Underground
- Above Ground
North America Fire Hydrant Market – By End User
- Commercial
- Industrial
North America Fire Hydrant Market, by Country
- US
- Canada
- Mexico
North America Fire Hydrant Market - Companies Mentioned
- American Cast Iron Company
- AVK International A/S
- EJ Group, Inc.
- Kupferle
- McWane, Inc.
- Mueller Co. LLC
- Newage Fire Protection Services Pvt. Ltd
- Rapidrop Global Ltd
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Fire Hydrant Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Fire Hydrant market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Rising Construction Sector
5.1.2 Strict Implications Regarding Installation of Fire Protection Systems
5.2 Market Restraints
5.2.1 Expensive Installation and Maintenance
5.3 Market Opportunities
5.3.1 Escalating Demand for Smart Fire Hydrants
5.4 Future Trends
5.4.1 Growing Conceptualization of Smart Cities and Buildings
5.5 Impact Analysis of Drivers and Restraints
6. Fire Hydrant Market– North America Analysis
6.1 North America Fire Hydrant Market Overview
6.2 North America Fire Hydrant Market Revenue Forecast and Analysis
7. North America Fire Hydrant Market Analysis – By Product type
7.1 Overview
7.2 North America Fire Hydrant Market, By Product Type (2020 And 2028)
7.3 Dry Barrel
7.3.1 Overview
7.3.2 Dry Barrel: Fire hydrant Market Revenue and Forecast To 2028 (US$ Million)
7.4 Wet barrel
7.4.1 Overview
7.4.2 Wet barrel: Fire hydrant Market Revenue and Forecast To 2028 (US$ Million)
8. North America Fire Hydrant Market Analysis – By Operating type
8.1 Overview
8.2 North America Fire Hydrant Market, By Operating type (2020 And 2028)
8.3 Conventional
8.3.1 Overview
8.3.2 Conventional: Fire hydrant Market Revenue and Forecast To 2028 (US$ Million)
8.4 Smart
8.4.1 Overview
8.4.2 Smart: Fire hydrant Market Revenue and Forecast To 2028 (US$ Million)
9. North America Fire Hydrant Market Analysis – By Construction
9.1 Overview
9.2 North America Fire Hydrant Market, By Construction (2020 and 2028)
9.3 Underground
9.3.1 Overview
9.3.2 Underground: Fire hydrant Market Revenue and Forecast To 2028 (US$ Million)
9.4 Above ground
9.4.1 Overview
9.4.2 Above ground: Fire hydrant Market Revenue and Forecast To 2028 (US$ Million)
10. North America Fire Hydrant Market Analysis – By End User
10.1 Overview
10.2 North America Fire Hydrant Market, By End User (2020 and 2028)
10.3 Commercial
10.3.1 Overview
10.3.2 Commercial: Fire hydrant Market Revenue and Forecast To 2028 (US$ Million)
10.4 Industrial
10.4.1 Overview
10.4.2 Industrial: Fire hydrant Market Revenue and Forecast To 2028 (US$ Million)
11. North America Fire Hydrant Market – Country Analysis
11.1 Overview
11.1.1 North America Fire Hydrant Market Breakdown, by Country
11.1.1.1 US Fire Hydrant Market, Revenue and Forecast to 2028
11.1.1.1.1 US Fire Hydrant Market Breakdown, by Product Type
11.1.1.1.2 US Fire Hydrant Market Breakdown, by Operating Product type
11.1.1.1.3 US Fire Hydrant Market Breakdown, by Construction
11.1.1.1.4 US Fire Hydrant Market Breakdown, by End User
11.1.1.2 Canada Fire Hydrant Market, Revenue and Forecast to 2028
11.1.1.2.1 Canada Fire Hydrant Market Breakdown, by Product Type
11.1.1.2.2 Canada Fire Hydrant Market Breakdown, by Operating Product type
11.1.1.2.3 Canada Fire Hydrant Market Breakdown, by Construction
11.1.1.2.4 Canada Fire Hydrant Market Breakdown, by End User
11.1.1.3 Mexico Fire Hydrant Market, Revenue and Forecast to 2028
11.1.1.3.1 Mexico Fire Hydrant Market Breakdown, by Product Type
11.1.1.3.2 Mexico Fire Hydrant Market Breakdown, by Operating Product type
11.1.1.3.3 Mexico Fire Hydrant Market Breakdown, by Construction
11.1.1.3.4 Mexico Fire Hydrant Market Breakdown, by End User
12. North America Fire Hydrant Market - COVID-19 Impact Analysis
12.1 North America: Impact Assessment of COVID-19 Pandemic
13. Industry Landscape
13.1 Overview
13.2 Market Initiative
13.3 New Development
14. Company Profiles
14.1 Mueller Co. LLC
14.1.1 Key Facts
14.1.2 Business Description
14.1.3 Products and Services
14.1.4 Financial Overview
14.1.5 SWOT Analysis
14.1.6 Key Developments
14.2 American Cast Iron Company
14.2.1 Key Facts
14.2.2 Business Description
14.2.3 Products and Services
14.2.4 Financial Overview
14.2.5 SWOT Analysis
14.2.6 Key Developments
14.3 AVK International A/S
14.3.1 Key Facts
14.3.2 Business Description
14.3.3 Products and Services
14.3.4 Financial Overview
14.3.5 SWOT Analysis
14.3.6 Key Developments
14.4 EJ Group, Inc.
14.4.1 Key Facts
14.4.2 Business Description
14.4.3 Products and Services
14.4.4 Financial Overview
14.4.5 SWOT Analysis
14.4.6 Key Developments
14.5 Kupferle
14.5.1 Key Facts
14.5.2 Business Description
14.5.3 Products and Services
14.5.4 Financial Overview
14.5.5 SWOT Analysis
14.5.6 Key Developments
14.6 McWane, Inc.
14.6.1 Key Facts
14.6.2 Business Description
14.6.3 Products and Services
14.6.4 Financial Overview
14.6.5 SWOT Analysis
14.6.6 Key Developments
14.7 Newage Fire Protection Services Pvt. Ltd
14.7.1 Key Facts
14.7.2 Business Description
14.7.3 Products and Services
14.7.4 Financial Overview
14.7.5 SWOT Analysis
14.7.6 Key Developments
14.8 Rapidrop Global Ltd
14.8.1 Key Facts
14.8.2 Business Description
14.8.3 Products and Services
14.8.4 Financial Overview
14.8.5 SWOT Analysis
14.8.6 Key Developments
15. Appendix
15.1 About The Insight Partners
15.2 Word Index
LIST OF TABLES
Table 1. North America Fire Hydrant Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America Fire Hydrant Market, Revenue and Forecast To 2028 – By Country (US$ million)
Table 3. US Fire Hydrant Market, Revenue and Forecast to 2028 – By Product Type (US$ million)
Table 4. US Fire Hydrant Market, Revenue and Forecast to 2028 – By Operating Product type (US$ million)
Table 5. US Fire Hydrant Market, Revenue and Forecast to 2028 – By Construction (US$ million)
Table 6. US Fire Hydrant Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 7. Canada Fire Hydrant Market, Revenue and Forecast to 2028 – By Product Type (US$ million)
Table 8. Canada Fire Hydrant Market, Revenue and Forecast to 2028 – By Operating Product type (US$ million)
Table 9. Canada Fire Hydrant Market, Revenue and Forecast to 2028 – By Construction (US$ million)
Table 10. Canada Fire Hydrant Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 11. Mexico Fire Hydrant Market, Revenue and Forecast to 2028 – By Product Type (US$ million)
Table 12. Mexico Fire Hydrant Market, Revenue and Forecast to 2028 – By Operating Product type (US$ million)
Table 13. Mexico Fire Hydrant Market, Revenue and Forecast to 2028 – By Construction (US$ million)
Table 14. Mexico Fire Hydrant Market, Revenue and Forecast to 2028 – By End User (US$ million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Fire Hydrant Market Segmentation
Figure 2. North America Fire Hydrant Market Segmentation – By Country
Figure 3. North America Fire Hydrant Market Overview
Figure 4. North America Fire Hydrant Market, by Product Type
Figure 5. North America Fire Hydrant Market, by Country
Figure 6. North America – PEST Analysis
Figure 7. North America Fire Hydrant Market- Ecosystem Analysis
Figure 8. North America Fire Hydrant Market Impact Analysis of Drivers and Restraints
Figure 9. North America Fire Hydrant Market Revenue Forecast and Analysis (US$ Million)
Figure 10. North America Fire Hydrant Market, By Product Type (2020 and 2028)
Figure 11. North America Dry Barrel: Fire hydrant Market Revenue and Forecast to 2028 (US$ Million)
Figure 12. North America Wet barrel: Fire hydrant Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Fire Hydrant Market, By Operating type (2020 and 2028)
Figure 14. North America Conventional: Fire hydrant Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Smart: Fire hydrant Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Fire Hydrant Market, By Construction (2020 and 2028)
Figure 17. North America Underground: Fire hydrant Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Above ground: Fire hydrant Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Fire Hydrant Market, By End User (2020 and 2028)
Figure 20. North America Commercial: Fire hydrant Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Industrial: Fire hydrant Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America: Fire Hydrant Market Overview, By Country - 2020 (US$ Mn)
Figure 23. North America Fire Hydrant Market Breakdown, by Country, 2020 & 2028 (%)
Figure 24. US Fire Hydrant Market, Revenue and Forecast to 2028 (US$ million)
Figure 25. Canada Fire Hydrant Market, Revenue and Forecast to 2028 (US$ million)
Figure 26. Mexico Fire Hydrant Market, Revenue and Forecast to 2028 (US$ million)
Figure 27. Impact of COVID-19 Pandemic in North American Country Markets
- American Cast Iron Company
- AVK International A/S
- EJ Group, Inc.
- Kupferle
- McWane, Inc.
- Mueller Co. LLC
- Newage Fire Protection Services Pvt. Ltd
- Rapidrop Global Ltd
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America fire hydrant market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America fire hydrant market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the fire hydrant market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution