Global Industrial Fire Hose and Hydrant Accessories Market 2017-2021

Overview of the global industrial fire hose and hydrant accessories market

Technavio's market study identifies the growth in chemical industry as one of the primary growth factors for the industrial fire hose and hydrant accessories market. The chemical industry primarily produces chemical compounds using several gases that increases the chances of fire outbreaks. The factors contributing towards the growth of the chemical industry are affordable and abundant access to natural gas supplies, rebalancing in the oil and gas sector, and high dollar value. Additionally, the expansion in key end-user industries such as manufacturing, light vehicles, and housing also fuel the growth of the chemical industry. This market research analysis estimates that this market will grow steadily at a CAGR of around 4% by 2021.

Automated fire safety systems provide better response during fire as these systems are integrated with fire detection and communication systems and sensors. Additionally, the systems are also equipped with automatic alarms and water sprayers that are activated automatically and with smoke sensors that monitor the environment to efficiently alert the employees of the industrial facility. The automated fire systems are equipped with sprinklers, alarm systems, fire doors, stairwells, manual pull alarms, and smoke detectors. According to our industry research analysts, the automation of fire safety systems is will be one of the key trends behind the growth of the industrial firefighting equipment market.

What's your takeaway?

Technavio's industry research report titled, Global Industrial Fire Hose and Hydrant Accessories Market 2017-2021, will help you-

• Identify latent opportunities and explorative solutions in the industrial fire hose and hydrant accessories market
• Identify your key competition, and what's making them tick?
• Help you build a comprehensive marketing plan, applicable across 50+ countries

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Competitive landscape and key vendors

The fire hose and hydrant accessories market is highly fragmented due to the presence of several established international and regional vendors. The regional players struggle to compete with the international vendors based on factors such as features, quality, functionalities, and services. The vendors focus on introducing innovative product designs and are increasing end-user applications to increase their market share. The level of competition in this firefighting equipment market will intensify in the coming years due to the technological advancements, product portfolio expansions, and M&As.

The leading vendors in the market are -

• Dixon Valve & Coupling
• Elkhart Brass
• NAFFCO
• Rapidrop

The other prominent vendors in the market are AMERICAN (American Cast Iron Pipe Company), Angus Fire, Berluto, GIACOMINI, Kennedy Valve, Larsen's Manufacturing, M&H Valve, and VALFONTA.

Segmentation by end user and analysis of the industrial fire hose and hydrant accessories market

• Oil and gas
• Chemical
• Manufacturing

The expansion of the oil and gas industry and the improving economic conditions of the developed countries will lead to the stabilization of the oil and gas industry. The onshore terminals, offshore platforms, refineries, underground gas storage facilities, and natural gas well pads have high risk of fire mishaps. This market research study predicts that the oil and gas industry will be the major end-user to the firefighting equipment market.

Geographical segmentation and analysis of the industrial fire hose and hydrant accessories market

• Americas
• APAC
• EMEA

The growth in industrial developments and the increasing manufacturing activities will be the major factors that will contribute to the rise in demand for industrial fire hose and hydrant accessories in APAC. Additionally, the expansion of end-user industries will also fuel the growth prospects of the firefighting equipment market in this region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global industrial fire hose and hydrant accessories market?
• What are the key market trends impacting the growth of the global industrial fire hose and hydrant accessories market?
• What are the challenges to market growth?
• Who are the key vendors in the global industrial fire hose and hydrant accessories market?
• What are the market opportunities and threats faced by the vendors in the global industrial fire hose and hydrant accessories market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global industrial fire hose and hydrant accessories market?

Technavio also offers customization on reports based on specific client requirement.

Our market research reports for the energy industry follow a thorough procedure of data collection methodology and present an analysis of fast growing market subdivisions like power. This upcoming industry research report on the global industrial fire hose and hydrant accessories market offer insights into the major trends and evolving drivers contributing to the growth of the power industry.

The market research experts at Technavio considers the market forecast, market size, and increasing demand for various power products and services and offers a comprehensive picture of the global industrial fire hose and hydrant accessories market for the estimated period of 2017-2021. Additionally, our research practices help clients develop active growth strategies and keep pace with the frequently changing market landscape.

This upcoming market research report on the global industrial fire hose and hydrant accessories market also covers vendors like Kennedy valve, Angus Fire, Elkhart Brass Manufacturing Company, Naffco, Rapidrop, DIXON, Moon American, and Guardian Fire Equipment. Furthermore, to help clients identify probable market opportunities and expand in niche markets, this report on the global industrial fire hose and hydrant accessories market also covers geographies like the Americas, APAC, and EMEA. As per our market research specialists increasing fire safety regulations in various end-user industries coupled with the growth of construction power, and chemical industries may influence the demand for industrial fire hose and hydrant accessories in the coming years.

The upcoming industry research report for global industrial fire hose and hydrant accessories market also categorizes the key drivers, major trends, as well as the constraints that the power sector currently experiences. It also presents insights into the quickly changing competitive scenario to give clients a realistic picture of the forthcoming events within the energy industry. Technavio also provides exclusive market assessments into the sectors such as oil and gas and water and waste management.