Market Insights and Analysis: Latin America Fire Pumps Market Overview and Projections (2022-2027)
The Latin America Fire Pumps market is projected to grow at a CAGR of 2.78% during the forecast period, 2022-27. The prominent driver for the growth of the market is the rising demand for fire pumps in industrial applications such as mining, oil & gas, etc.
Top leading companies in the Latin America Fire Pumps Market includes:
Wilo Group, Pentair, AC Fire Pumps (Xylem), Peerless, Patterson, SPP Pumps, Others.
Key Driver: Growing Development of Commercial Spaces
In Latin America, the construction of commercial buildings, such as airports, railway stations, etc., has been gradually increasing. This is due to the growing domestic as well as business tourism in countries like Brazil, Mexico, etc. Therefore, the ongoing construction as well as the proposed construction projects for airports, railway stations, etc., would increase the installation of fire pumps in the forthcoming years.
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Report Segmentation:
The market is categorized into the following segments in the report:
By Type
-Centrifugal Fire Pumps
-Horizontal & Vertical Split Case
-Inline Pumps
-Vertical Turbine
-End Suction Pump
-Multistage Multiport Pump
-Positive Displacement Pumps
By End User
-Manufacturing (Automotive, Chemicals, Pharmaceutical, etc.)
-Commercial (Corporate Offices, Airports, Educational Institutes, etc.)
-Mining
-Oil & Gas
-Residential
-Others.
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Latin America Fire Pumps Market Geographic Reach:
The Geographic Reach of the Latin America Fire Pumps Market evaluates the spread and significance of Latin America Fire Pumps market consumption across different regions/country, emphasizing areas with the largest market size and the most promising growth potential.
Mexico, Brazil, Argentina, Colombia, Chile, Peru, Others.
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