The global fire hydrant market was valued at US$ 1.1 billion in 2021 and it is anticipated to grow up to US$ 1.8 billion by 2031, at a CAGR of 4.5% during the forecast period.
Hydrants are water extraction devices used in pipelines and water distribution systems. A fire hydrant can ensure quick water supply in the event of a fire. The connections to the pipes are tapped with hydrant wrenches and hydrant standpipes, and the fire vehicles are then attached. The tops of hydrants are coloured to signify the amount of flow they can produce in gallons per minute (gallon per minute).
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Market Drivers and Trends
The global market for fire hydrant systems is developing as a result of rising service requirements from industrial and commercial clients. Governments around the world have chosen to enforce severe fire safety standards, resulting in an increase in demand for fire hydrant systems.
The global market for fire hydrant systems is predicted to grow at a reasonable rate in the future years. The deployment of smart nodes or wireless sensors is the key trend in the fire hydrant systems industry.
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Global Fire Hydrant Market Segmentation
By Product Type
- Dry Barrel
- Wet Barrel
By Operating Type
- Conventional
- Smart
By Construction
- Above Ground
- Underground
By End-User
- Commercial
- Industrial
By Region
- North America
- The U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Latin America
- Middle East
- Africa
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Major Players in the Global Fire Hydrant Market
The key players studied in the global fire hydrant market are American Cast Iron Company(U.S.), AVK International A/S(Denmark), Bocciolone Antincendio(Italy), Ej Group, Inc.(U.S.), Imp Armature d.o.o(Solvenia), Kupferle Foundry Company(U.S.), Mueller Co. LLC(U.S.), M&H Valve Company(U.S.), Newage Fire Protection Services Pvt, Ltd.(India), and Rapidrop Global Ltd.(UK).
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