Dublin, May 06, 2022 (GLOBE NEWSWIRE) -- The "Global Fire Hydrants Market Size, Share & Industry Trends Analysis Report By Product Type, By Operating Type, By Construction, By End User (Commercial and Industrial), By Regional Outlook and Forecast, 2021-2027" report has been added to ResearchAndMarkets.com's offering. The Global Fire Hydrants Market size is expected to reach $1.4 billion by 2027, rising at a market growth of 4.2% CAGR during the forecast period. A fire hydrant system is an effective way for extinguishing the fire which can result in heavy destructions. The systems are capable of fighting against the fire to a long distance because of the large piping system. Fire hydrant systems cover each point of the building due to which, it has comparatively more penetration capabilities. The valves of a fire hydrant are placed throughout the building, making it highly accessible. It is important for the fire safety service providers that the water source is quick to access. Fire hydrant systems provide a place for storage and water supply. In addition to this, it is important to have a secondary source readily available as to use when the water is used up for at a high extent. For such a situation, fire hydrants preserve in underground pipes also. Fire hydrants are an essential tool for any industry or manufacturing plant to control the fire if an emergency arises. Mechanical devices are normally placed outside a building connected to any water service network. Also, the internal fire hydrant is installed in some portions of a building where the exterior one cannot reach or safeguard. Usually, a fire hydrant system consists of a water pressurizing system that is distributed across the building with the help of pipes & hoses. The diesel model uses diesel as a fuel for the operation of the fire hydrant system, the electricity model uses electricity & the hybrid system uses both electricity as well as diesel. All the industries & corporate companies are required to have safety measures on their premises. The rising construction of commercial & industrial buildings is the major factor responsible for the growth of the fire hydrant market. Increasing population resulting in high demand for hospitals, commercial complexes, etc., industries like oil, gas & various manufacturing industry which involve flammable substances like crude oil, flammable gases & petroleum essentially require fire hydrants as they have more chances of fire accidents. Also, rising urbanization, industrialization along with increased awareness toward the safety of assets is increasing the demand for fire hydrant resources. COVID-19 Impact Analysis
The COVID-19 pandemic has affected various industries in one or another manner. The fire hydrant market has accounted a negative impact during the pandemic. Various companies were forced to stop their operations for a short term due to the new regulations of government to curb the effect of diseases. Furthermore, the less availability of raw material & manpower has also affected the growth of the market negatively. The construction activities were also restricted in various countries which has resulted in the decreased demand for fire hydrants. However, as the cases are reduced the government has uplifted restrictions over the construction, and opening of various corporate offices & other buildings will help the fire hydrant market to come back to the track of growth. Market Growth Factors:
Risk of human life associated with fire accidents
Human life is considered as the most precious asset in the world. The increasing industrialization is also rising the cases of fire accidents at sites which may lead to the loss of lives along with the damage to property & assets. A large number of people loss their life in fire accidents. As per the information of World Health Organization, around 18000 people loss their life due to burns each year and this mainly happens in low-income and middle-income countries. According to the research conducted by National Fire Protection Association (NFPA), in the United States, the fire department has recorded an increase in the number of fire cases across the United States in 2016. They also added that around 3390 people lost their lives and a large number of people got serious injuries due to these fire outbreaks. Growth of Construction Sector
The construction sector is accounting the immense growth due to the increasing infrastructural project from the past few years. Also, the government of the various nations is taking numerous initiatives that is expected to further increase the construction activities across the world. This growth of the construction industry & building designs is leading to the development of more advanced construction methods, professional designs, and technologies that are capable of ensuring safety from unexpected fire breakouts. The construction of malls, hotels, and dwellings is continuously increasing in developing nations. Also, the residential buildings and smart city projects are increasing due to the expansion in the population in the world. All these new buildings is expected to require fire safety and thus, is expected to deploy the fire hydrants. Marketing Restraining Factor:
Heavy investments in implementation and maintenance
The companies are required to invest a large amount in the installation of fire hydrants systems. Owing to the increasing fire accidents, fire safety providers are making continuous advancements in the existing solution and are also introducing the latest technologies and products. The investment of large amounts by the manufacturing companies is rising the purchasing costs of these solutions such as fire hydrant for the private & government agencies. In addition, the fire hydrants are required to be regularly inspected & tested in order to ensure that they are working properly and are also required to be maintained regularly which is expected to result in the recurring cost of maintenance of the fire hydrant systems.
Key Topics Covered: Chapter 1. Market Scope & Methodology Chapter 2. Market Overview 2.1 Introduction 2.1.1 Overview 2.1.1.1 Market Composition & Scenario 2.2 Key Factors Impacting the Market 2.2.1 Market Drivers 2.2.2 Market Restraints Chapter 3. Recent Strategies deployed in Fire Hydrants Market Chapter 4. Global Fire Hydrants Market by Product Type 4.1 Global Dry Barrel Market by Region 4.2 Global Wet Barrel Market by Region Chapter 5. Global Fire Hydrants Market by Operating type 5.1 Global Conventional Market by Region 5.2 Global Smart Market by Region Chapter 6. Global Fire Hydrants Market by Construction 6.1 Global Above Ground Market by Region 6.2 Global Under Ground Market by Region Chapter 7. Global Fire Hydrants Market by End User 7.1 Global Commercial Market by Region 7.2 Global Industrial Market by Region Chapter 8. Global Fire Hydrants Market by Region Chapter 9. Company Profiles 9.1 Rapidrop Global Ltd. 9.1.1 Company Overview 9.2 TALIS Beteiligungs GmbH (Triton Investments Advisers LLP) 9.2.1 Company Overview 9.3 Mueller Water Products, Inc. 9.3.1 Company Overview 9.3.2 Financial Analysis 9.3.3 Segmental Analysis 9.3.4 Research & Development Expenses 9.3.5 Recent strategies and developments: 9.3.5.1 Product Launches and Product Expansions: 9.3.5.2 Acquisitions and Mergers: 9.4 McWane, Inc. 9.4.1 Company Overview 9.4.2 Recent strategies and developments: 9.4.2.1 Acquisitions and Mergers: 9.5 The Kupferle Foundry Company 9.5.1 Company Overview 9.6 EJ Group, Inc. 9.6.1 Company Overview 9.7 AVK Holding A/S 9.7.1 Company Overview 9.7.2 Recent strategies and developments: 9.7.2.1 Acquisitions and Mergers: 9.8 American Cast Iron Pipe Company 9.8.1 Company Overview 9.9 SFFECO Global 9.9.1 Company Overview 9.10. Saint-Gobain Group 9.10.1 Company Overview 9.10.2 Financial Analysis 9.10.3 Segmental Analysis 9.10.4 Research & Engineering Expense For more information about this report visit https://www.researchandmarkets.com/r/fy7pk7
Markets have well and truly changed direction from last year’s bullish trends. The downward shift has brought us a major selloff, and declines of 27% and more in the tech-heavy NASDAQ index. For investors, it’s a situation that requires a close watch on the markets, and clear eye for the opportunities that will pop out as conditions change. It’s also a situation in which investors can use expert advice. Jim Cramer, the well-known host of CNBC’s ‘Mad Money’ program, tells investors that when the
On a bright, promising day for the stock market, with the Dow up 1.5% and the S&P 500 closing 2.4% higher, Ford Motor Company (NYSE: F) stock raced higher than most, advancing an amazing 8.5% through the closing bell. You can thank Morgan Stanley for that. Investors were ebullient in general today, and no doubt that optimism -- after more than a week of nearly nonstop selling -- helped to jump-start Ford stock moving higher.
Shares of Boeing (NYSE: BA) joined the rally on Friday morning, trading up more than 6% at one point, only to give up most of those gains as they day went on. Investors got a reminder of the challenges that face Boeing's commercial division, taking the wind out of the shares. It's been a tough run for Boeing, with shares down by more than 60% since the start of 2020.
In my April 28th Real Money column, I wrote a heartfelt letter to Elon Musk imploring him to walk away from Twitter . Musk followed that with a tweet two hours later stating that he "was still committed to the transaction." The threads of Elon's Twitter bid have been laid bare for the past two weeks.
In this article, we will discuss the 12 best energy stocks for 2022. If you want to skip our detailed analysis of the energy sector which highlights key trends and major players, you can go directly to 5 Best Energy Stocks for 2022. The energy sector has been the biggest contributor to skyrocketing inflation in […]
The national average gas price for regular unleaded at nearly $4.42 per gallon today -- well over $1 more than this time last year, according to gasprices.aaa.com. This week alone, since Monday, May...
Feel poorer after the S&P 500's sell-off? Just know it could be worse. Much worse. Investors who piled in some $40 billion firms found out.
Canadian cannabis company Aurora Cannabis (NASDAQ: ACB) reported its fiscal third-quarter 2022 earnings last night, and in so doing, sparked a rally across the cannabis sector today. As of 1 p.m. ET, shares of Aurora Cannabis itself are already up 13%, and peer producers Canopy Growth (NASDAQ: CGC) and Sundial Growers (NASDAQ: SNDL) are benefiting as well -- up 8.5% and 5.9%, respectively. Heading into Q3, analysts had forecast that Aurora Cannabis would lose $0.19 per share (0.25 Canadian dollars, and furthermore, this was a pro forma prediction) on sales of $41.5 million -- about CA$53.7 million.
Unity Software's (NYSE: U) stock price plunged 29% during after-hours trading on May 10 following its first-quarter earnings report. On a non-generally accepted accounting principles (non-GAAP) basis, Unity narrowed its net loss from $27.3 million to $25.4 million, or $0.08 per share -- which matched analysts' expectations. For the second quarter, Unity expects its revenue to rise just 6% to 8% year over year, which broadly misses the consensus forecast for 31% growth.
Tesla (TSLA) CEO Elon Musk’s early Friday morning tweet proclaiming his $44 billion bid to buy Twitter (TWTR) is on hold may violate laws meant to protect public markets from manipulation, experts say.
Berkshire Hathaway is on pace to collect more than $6 billion in dividend income over the next year. Roughly $4.3 billion will come from just five stocks.
(Reuters) -Elon Musk tweeted on Friday that his $44-billion cash deal for Twitter Inc was “temporarily on hold” while he waits for the social media company to provide data on the proportion of its fake accounts. Twitter shares initially fell more than 20% in premarket trading, but after Musk, the chief executive of electric car market Tesla Inc, sent a second tweet saying he remained committed to the deal, they regained some ground. The shares were down 9.6% to $40.71 in trading on Friday, a steep discount to the $54.20 per share acquisition price.
Billionaire Warren Buffet is one of two people in the top ten richest people in the world who has seen his net worth rise since January, according to the Bloomberg Billionaires Index. The CEO of Berkshire Hathaway ( (BRK.A) - Get Berkshire Hathaway Inc. Class A Report, is ranked number five on the index, which is a daily ranking of the world's richest people. The only other billionaire in the top 10 of the Bloomberg list is Gautam Adani, an Indian infrastructure magnate that owns real estate, commodities and power generation and transmission, whose total net worth is $102 billion and his year-to-date performance is a profit of $25.5 billion.
The stock market presents a somewhat confusing picture for now. The main indexes are all steeply down for the year so far – with losses of 16% on the S&P 500 and 25% on the NASDAQ. Drops of this magnitude come with a caveat, however: it’s inevitable that some fundamentally sound stocks are seeing drops in share price just due to the overall market’s downward trend. Indeed, Wall Street’s analysts are seeing plenty, in their words, attractive entry points -- beaten-down stocks that are primed for
It can be unsettling for shareholders, but that's the volatility investors need to brace for right now. A couple of stocks that recently fell to all-time lows after reporting earnings are GoodRx (NASDAQ: GDRX) and Palantir Technologies (NYSE: PLTR). Shares of GoodRx got hammered, falling more than 25% on Tuesday after the company released its latest earnings numbers -- and that's despite encouraging results.
Our call of the day from Thomas Kee Jr. is pounding the table over the importance of volatility, but says investors need to not just fear the lows, but embrace the highs.
(Bloomberg) -- The week is ending on a higher note for Big Tech on hopes a relentless selloff may be nearing exhaustion. But Friday’s rally can’t completely wipe out a sobering signal from Apple Inc. shares. Most Read from BloombergElon Musk Sows Doubt Over His $44 Billion Twitter TakeoverSony PlayStation Staff Fume Over CEO’s Abortion CommentsApple Testing iPhones That Ditch Lightning Ports in Favor of USB-CUkraine Latest: US Senator Delays Aid Vote; Russia Eyes BorderTerraform Again Halts Bloc
Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
The end of the U.S. stock market’s correction is looking a lot closer. It’s encouraging, from a contrarian perspective, that the market timer community in recent days has become extremely pessimistic — as pessimistic, in fact, as it has been at prior market bottoms.
Biotech is one of the fastest growing areas in healthcare, and one of the more exciting sectors in the stock market. Here's why three Fool.com contributors are bullish on 10x Genomics (NASDAQ: TXG), Axsome Therapeutics (NASDAQ: AXSM), and Doximity (NYSE: DOCS). 10x Genomics sells the machines and associated consumables that allow scientists to look in and around a single cell, referred to as spatial biology.