Global Fire Fighting Valve
Market Report
2024
The global Fire fighting valve market size is USD 6.9 million in 2024. Increasing awareness about fire safety measures is expected to boost sales to USD 9.70 million by 2031, with a Compound Annual Growth Rate (CAGR) of 5.00% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Fire fighting valve market size will be USD 6.9 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Fire Fighting Valve Market Sales Revenue 2018 | $ 1 Million |
Global Fire Fighting Valve Market Sales Revenue 2024 | $ 6.9 Million |
Global Fire Fighting Valve Market Sales Revenue 2030 | $ 1 Million |
Global Fire Fighting Valve Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
United States Fire Fighting Valve Sales Revenue 2024 | $ 2.18 Million |
United States Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3% |
Canada Fire Fighting Valve Sales Revenue 2024 | $ 0.33 Million |
Canada Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4% |
Mexico Fire Fighting Valve Sales Revenue 2024 | $ 0.25 Million |
Mexico Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
United Kingdom Fire Fighting Valve Sales Revenue 2024 | $ 0.35 Million |
United Kingdom Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.3% |
France Fire Fighting Valve Sales Revenue 2024 | $ 0.19 Million |
France Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.7% |
Germany Fire Fighting Valve Sales Revenue 2024 | $ 0.41 Million |
Germany Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Italy Fire Fighting Valve Sales Revenue 2024 | $ 0.18 Million |
Italy Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.9% |
Russia Fire Fighting Valve Sales Revenue 2024 | $ 0.32 Million |
Russia Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.5% |
Spain Fire Fighting Valve Sales Revenue 2024 | $ 0.17 Million |
Spain Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.6% |
Rest of Europe Fire Fighting Valve Sales Revenue 2024 | $ 0.32 Million |
Rest of Europe Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.2% |
China Fire Fighting Valve Sales Revenue 2024 | $ 0.71 Million |
China Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.5% |
Japan Fire Fighting Valve Sales Revenue 2024 | $ 0.22 Million |
Japan Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
Korea Fire Fighting Valve Sales Revenue 2024 | $ 0.16 Million |
Korea Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.1% |
India Fire Fighting Valve Sales Revenue 2024 | $ 0.19 Million |
India Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 8.8% |
Australia Fire Fighting Valve Sales Revenue 2024 | $ 0.08 Million |
Australia Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.7% |
Rest of APAC Fire Fighting Valve Sales Revenue 2024 | $ 0.11 Million |
Rest of APAC Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6.8% |
Brazil Fire Fighting Valve Sales Revenue 2024 | $ 0.15 Million |
Brazil Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
Argentina Fire Fighting Valve Sales Revenue 2024 | $ 0.06 Million |
Argentina Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.3% |
Colombia Fire Fighting Valve Sales Revenue 2024 | $ 0.03 Million |
Colombia Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Peru Fire Fighting Valve Sales Revenue 2024 | $ 0.03 Million |
Peru Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.6% |
Chile Fire Fighting Valve Sales Revenue 2024 | $ 0.02 Million |
Chile Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.7% |
Rest of South America Fire Fighting Valve Sales Revenue 2024 | $ 0.06 Million |
Rest of South America Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.5% |
Turkey Fire Fighting Valve Sales Revenue 2024 | $ 0.01 Million |
Turkey Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4.2% |
Nigeria Fire Fighting Valve Sales Revenue 2024 | $ 0.01 Million |
Nigeria Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.8% |
Egypt Fire Fighting Valve Sales Revenue 2024 | $ 0.01 Million |
Egypt Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5% |
South Africa Fire Fighting Valve Sales Revenue 2024 | $ 0.02 Million |
South Africa Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.7% |
GCC Countries Fire Fighting Valve Sales Revenue 2024 | $ 0.06 Million |
GCC Countries Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 5.5% |
Rest of MEA Fire Fighting Valve Sales Revenue 2024 | $ 0.02 Million |
Rest of MEA Fire Fighting Valve Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Market Drivers:
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Market Restrains:
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Market Trends:
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Market Split by Type Outlook: |
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Market Split by Application Outlook: |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Fire Fighting Valve Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
Firefighting valves are valves that control water flow when a fire breaks out. These are made of high-quality materials. Firefighting valves come with crucial features, including dependability, tough construction, and a long service life. These firefighting valves are designed with critical characteristics such as a single outlet, the use of high-quality materials such as gunmetal, and various sizes to meet individual needs. Furthermore, the firefighting valves market is expected to grow due to the increased development of new technologies and different types of valves. One of the primary factors driving the market is an increase in awareness of safety concerns. The firefighting valves market is expanding because to rapid industrialization and urbanization in several countries. The growing concern regarding an individual's life and property is expected to boost market growth.
In November 2019, Baker Hughes has built a new steam test facility in Naples, Italy, to better serve the European aftermarket by providing rapid response ASME Section I safety valves for steam applications. The new factory enhances the current aftermarket center's product breadth and capacity to include the entire Masoneilan control valve and consolidated safety valve line, with test pressures up to 2000 psi (140 Bar). (Source: https://valves.bakerhughes.com/news/baker-hughes-opens-rapid-response-test-facility-safety-valves-italy)
Rapid industrialization and urbanization act as a driver in the firefighting valve market. The rapid growth of industries and towns spurs demand for fire safety equipment, thereby increasing demand for valves. The rise in demand opens doors for manufacturers to grow their market presence and further supply the enhanced requirement for fire protection solutions. With innovations of more industrial and urban spaces, the demand also increases, hence driving innovation and advancement in the industry. Growth in the industrial and urban sectors gives the opportunity for the fire-fighting valve market to grow itself in order to evolve with the increasing demand of fire safety measures.
Government initiatives and regulatory norms, to a large extent, drive the firefighting valve market. Government actions and regulations influence the design, production, and distribution of valves and other equipment for fire safety. This helps in raising the demand for fire-fighting valves through initiatives like increasing awareness of fire safety campaigns, incorporation of building codes that would mandate the use of certified fire fighting valves, and incentivizing businesses to invest in fire protection systems. Regulatory norms ensure that the manufactured fire-fighting valves adhere to the required safety standards, improving their reliability and effectiveness at times of emergencies. These norms are to be complied with by the manufacturer in operation in the market and making high quality approved products for the consumers.
The stringent regulatory acts enforced on firefighting valves act as a major restraint on the market. These regulations enforce strict guidelines and standards on all kinds of fire safety equipment, including fire fighting valves. Manufacturers have to ensure that the products they are offering comply with these regulations; hence, it makes the design, production, and whole certification process difficult. This usually increases costs and takes more time for companies operating in the market. The need for constant testing and certification adds more complexity to the industry's compliance. Despite the constraints, these regulations are necessary to ensure that these fire safety systems really work when needed in the market.
The Covid-19 pandemic has impacted the fire fighting valve market significantly. Supply chains across the world have been disrupted due to the pandemic, thereby delaying the manufacturing and distribution process of fire safety equipment like valves. Due to the pandemic, movement and construction activities have been restricted, hence affecting the demand for fighting valves. Also, with the economic slowdown from the pandemic, budgetary allocations toward fire safety measures would change, which will impact the growth of this market accordingly. Those companies manufacturing firefighting valves have had to adapt to new health and safety protocols, remote working conditions, and changing market dynamics if they are to emerge unscathed from Covid-19.
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In the competitive landscape of the firefighting valve market, numerous prominent competitors battle for market share and to address the growing demand for fire safety equipment. These companies provide a diverse range of fire fighting valves, such as gate valves, alarm check valves, deluge valves, and pressure lowering valves, to meet the needs of various customers and applications. The competitive landscape is characterized by innovation, product development, strategic collaborations, and mergers and acquisitions to improve market position and global presence in the firefighting valve market
June 2020, Johnson Controls has developed two new Tyco pressure control valves for fire prevention systems: the TYCO Model RV-1A Pressure Relief Valve and the TYCO Model PRV-1A Pressure Reducing Valve. (Source: https://www.johnsoncontrols.com/media-center/news/press-releases/2020/06/19/tyco-pressure-control-valves-for-fire-protection-systems) September 2020, AVK worldwide has introduced new dedicated UL and FM gate valves for fire prevention applications. These goods are available in both OS&Y and NRS varieties. (Source: https://ukfiremag.co.uk/ul-fm-approved-resilient-seated-gate-valves-up-to-dn600/)
Top Companies Market Share in Fire Fighting Valve Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the region has modern infrastructure, strong fire safety rules, and a high degree of knowledge about the need for fire prevention. Firefighting valves are in great demand in North America due to the emphasis on fire safety in a variety of sectors, including commercial, industrial, and residential settings.
Asia Pacific stands out as the fastest-growing region in the Fire fighting valve market due to the region's rapid rise can be ascribed to causes such as increased urbanization, industrialization, and a greater emphasis on fire prevention measures. With expanding building activity, infrastructure development, and the implementation of severe safety requirements, demand for firefighting valves in the Asia Pacific area is increasing significantly, making it one of the industry's fastest-growing markets.
The current report Scope analyzes Fire Fighting Valve Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Fire fighting valve market size was estimated at USD 6.9 Million, out of which North America held the major market of more than 40% of the global revenue with a market size of USD 2.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
According to Cognitive Market Research, the global Fire fighting valve market size was estimated at USD 6.9 Million, out of which Europe held the market of more than 30% of the global revenue with a market size of USD 2.07 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.5% from 2024 to 2031.
According to Cognitive Market Research, the global Fire fighting valve market size was estimated at USD 6.9 Million, out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1.59 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
According to Cognitive Market Research, the global Fire fighting valve market size was estimated at USD 6.9 Million, out of which the Latin America market has more than 5% of the global revenue with a market size of USD 0.35 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031. .
According to Cognitive Market Research, the global Fire fighting valve market size was estimated at USD 6.9 Million, out of which the Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 0.14 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031..
Global Fire Fighting Valve Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Fire Fighting Valve Industry growth. Fire Fighting Valve market has been segmented with the help of its Type Outlook:, Application Outlook: , and others. Fire Fighting Valve market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
How are Segments Performing in the Global Fire fighting valve Market?
According to Cognitive Market Research, Butterfly valves led the market in 2023 due to their increased use in many sectors. Increasing investment in many industries produces a tremendous requirement for safety tools, fueling the demand for this valve.
Alarm Check Valves probably will be the fastest-growing segment in the fire fighting valve market. The valves form an important link in any fire protection system by integrating the functions of a check valve and an alarm valve, thus offering flow control while detecting water flow in case of a fire incident. Growing emphasis on early fire detection and quick response systems in fire safety infrastructure raises demand for alarm check valves. Distinctive features and the importance of the fire suppression system make them one of the key growth segments in the fire fighting valve market.
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According to Cognitive Market Research, the Commercial category is projected to have the highest market demand for firefighting valves. Commercial properties, such as office buildings, shopping malls, and industrial complexes, frequently require elaborate fire protection systems, including a range of firefighting valves, to assure the safety of occupants and property.
Residential is the fastest growing section of the fire fighting valve market. With a rising emphasis on residential fire safety and the application of severe construction rules and regulations, the demand for firefighting valves in residential buildings, apartments, and housing complexes is developing dramatically.
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Senior Research Analyst at Cognitive Market Research
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights.
Catering to tailored needs of clients in Consulting, Business Intelligence, Market Research, Forecasting, Matrix-Modelling, Data Analytics, Competitive Intelligence, Primary research and Consumer Insights. Experience in analyzing current trends, market demand, market assessment, growth indicators, competitors' strategy, etc. to help top management & investors to make strategic and tactical decisions in the form of market reports and presentations. Successfully delivered more than 500+ client & consulting assignments across verticals. Ability to work independently as well as with a team with confidence and ease.
I am committed to continuous learning and staying at the forefront of emerging trends in research and analytics. Regularly engaging in professional development opportunities, including workshops and conferences, keeps my skill set sharp and up-to-date. I spearheaded research initiatives focused on market trends and competitive landscapes. I have a proven track record of conducting thorough analyses, distilling key insights, and presenting findings in a way that resonates with diverse stakeholders. Through collaboration with cross-functional teams, I played a pivotal role in shaping business strategies rooted in robust research.
Conclusion
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With their applications spanning various industries, including aerospace & defense, oil & gas, and water treatment, the demand for firefighting valves is expected to increase. This surge in demand in the APAC region is expected to propel the global firefighting valves market forward.
Disclaimer:
Type Outlook: | Butterfly Valve, UL/FM Gate Valves, Pressure Reducing Valves, Alarm Check Valves, Deluge Valves, Ball Valves, Gate Valves, Others |
Application Outlook: | Commercial, Residential, Others |
List of Competitors | Shanghai Best Automation Technology Co, Shanghai Juliang Valve Co, Akron Brass, American AVK, Angus Fire, Bermad CS, William Eagles, Dixon Valve and Coupling, Waterous, OCV Control Valves, Safex Fire Services |
This chapter will help you gain GLOBAL Market Analysis of Fire Fighting Valve. Further deep in this chapter, you will be able to review Global Fire Fighting Valve Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
Chapter 3 Europe Market Analysis
Chapter 4 Asia Pacific Market Analysis
Chapter 5 South America Market Analysis
Chapter 6 Middle East and Africa Market Analysis
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Chapter 7 Top 10 Countries Analysis (Only Available with Corporate User License)
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Type Outlook: Analysis 2019 -2031, will provide market size split by Type Outlook:. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Type Outlook: Analysis 2019 -2031
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Chapter 11 Market Split by Application Outlook: Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Fire Fighting Valve market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Butterfly Valve have a significant impact on Fire Fighting Valve market? |
What are the key factors affecting the Butterfly Valve and UL/FM Gate Valves of Fire Fighting Valve Market? |
What is the CAGR/Growth Rate of Commercial during the forecast period? |
By type, which segment accounted for largest share of the global Fire Fighting Valve Market? |
Which region is expected to dominate the global Fire Fighting Valve Market within the forecast period? |
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