Latin America Fire Pump Market is expected register a substantial CAGR in the forecast period 2019 to 2026. The years considered for study are as mentioned below.
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The fire pump market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased various strategic developments owing to favourable market scenario. The market will have a prominent growth in upcoming years due to growing fire accident in the industrial sector and government initiative for fire safety.
The market has witness developments in terms of merger and acquisitions, partnerships or product launches that expand the product portfolio for the customers which further meets the rising demand of innovative technology which further help the companies to sustain their position in the market. For instance, In August 2017, American-Marsh Pumps was credited with USD 11.8 million by AloStar Capital Finance, this will help the company to grow in the market, and this will also help both the companies to offer customized solutions to the customers.
From these we can conclude that these strategic decisions will help the market players to improve their revenue share for the deep learning neural networks (DNNs)market.
Eaton is dominated player in the Latin America fire pump market. The other key players existing in the market includes Pentair plc, Ruhrpumpen Group, Grundfos, Xylem, Inc,Warson, Tornatech, Eaton, Cummins Inc., Armstrong Fluid Technology, Patterson Pump Company Agorman Rupp Company, KSB SE & CO. KGAA, American-Marsh Pumps, Spp.
Eaton :
IBM headquartered in Dublin, Ireland which was founded on 1911. The Company performs its business from five segments such as electrical products, electrical systems and services, hydraulics, aerospace, vehicle, emobility. The products offered by the company through various categories such as automation and control, fire pump controllers, electrical, products and services The company has wide global presences across the globe such as North America ,South America, Asia-Pacific, Europe, Middle East and Africa, Oceania.
In addition to it, the company also generates its revenue from the various subsidiary companies such as Crouse-Hinds Company(U.S), Cooper Wheelock(U.S), Eaton Capital Unlimited Company(Ireland), COOPER BUSSMANN INC(U.S), Wright Line LLC(U.S), Eaton Industries S. de R.L. de C.V.(Mexico), among others.
Cummins:
Cummins, Inc. headquartered in Columbus, U.S which was founded on 1919. The Company performs its business in four segments such as engine, distribution, components, power systems, electrified power. The product offered by the company is engines, generators and power systems, components, electrified power.
The company has wide presence across the globe such as North America, South America, Asia-Pacific, Europe, Middle East and Africa. The company also generates in revenue from its subsidiaries company which includes Cummins Filtration Inc(U.S), Cummins Australia Pty. Ltd(Australia), Cummins Power Generation(U.K), Brammo(U.S), Efficient Drivetrains Inc(U.S), among others
Pentair plc
Pentair plc. has headquartered in London, U.K and was founded on 1966. The company performs its business through three segments such aquatic systems, filtration solutions, flow technologies. The product offered by the company through various categories pool & spa equipment, commercial pool & spa equipment, commercial water treatment, filters, fire suppression, heating & cooling, industrial filtration, residential water treatment, spray nozzles, smart products, systems, tanks, valves, water disposal pumps, water supply pumps, accessories.
The company has wide presence in the North America, Europe, Asia-Pacific, Middle East & Africa, and Oceania. The company generates its rvenue through following subsidiaries such as Everpure (U.S.), Sta Rite Industries LLC(U.S.), Pentair Water Pool and Spa, Inc.(U.S.), Hydromatic Pump Company(U.K), Haffmans B.V.(U.K), among others.
