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Fire Pump Controllers Market size is set to grow by USD 297.6 million from 2024-2028, Increasing availability of IoT-enabled pump controllers boost the market, Technavio

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NEW YORK, June 26, 2024 /PRNewswire/ — The global fire pump controllers market size is estimated to grow by USD 297.6 million from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of over 4.9%  during the forecast period. Increasing availability of iot-enabled pump controllers is driving market growth, with a trend towards emergence of VFD fire pump controllers. However, slowdown in industrial sector growth  poses a challenge. Key market players include Aline Pumps Sales and Service Pty Ltd, ComAp AS, Cummins Inc., Dynatek Instruments Pvt.Ltd, Eaton Corp. Plc, Firetrol Inc., Flotronix Corp., Flowserve Corp., Grundfos Holding AS, Hubbell Inc., Kirloskar Brothers Ltd., LOVATO Electric Spa, Master Control Systems Inc., NAFFCO FZCO, Nickerson Company Inc., Pentair Plc, Schneider Electric SE, SFFECO Global, Tornatech Inc., and Vertiv Holdings Co..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Fire Pump Controllers Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 4.9%

Market growth 2024-2028

USD 297.6 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

4.59

Regional analysis

APAC, North America, Europe, Middle East and Africa, and South America

Performing market contribution

APAC at 44%

Key countries

US, China, Germany, UK, and India

Key companies profiled

Aline Pumps Sales and Service Pty Ltd, ComAp AS, Cummins Inc., Dynatek Instruments Pvt.Ltd, Eaton Corp. Plc, Firetrol Inc., Flotronix Corp., Flowserve Corp., Grundfos Holding AS, Hubbell Inc., Kirloskar Brothers Ltd., LOVATO Electric Spa, Master Control Systems Inc., NAFFCO FZCO, Nickerson Company Inc., Pentair Plc, Schneider Electric SE, SFFECO Global, Tornatech Inc., and Vertiv Holdings Co.

Market Driver

Fire Pump Controllers Market: VFD Integration Boosts Energy Efficiency and Reliability The Fire Pump Controllers Market is witnessing significant growth due to the integration of Variable Frequency Drives (VFDs). VFDs regulate motor frequency and voltage, ensuring optimal control over electric motors. At set pressure levels, VFDs adjust motor speed, decreasing water pressure from pumps. This integration enhances energy efficiency, improves service quality, and reduces maintenance costs. Additionally, VFD-equipped fire pump controllers provide enhanced safety against equipment failure, ensuring consistent pressure delivery to sprinkler systems. Major vendors are incorporating VFDs into their offerings, making it a market trend. 

The Fire Pump Controller market is experiencing significant growth due to the increasing demand for reliable and efficient fire safety systems. Key players in this market offer solutions that ensure the proper functioning of fire pumps during emergencies. These controllers use advanced technologies like sensors and communication systems to monitor pump performance and alert operators in case of issues. Additionally, the integration of power backup systems ensures uninterrupted operation during power outages. The market is also witnessing the trend of remote monitoring and control, enabling real-time monitoring and quick response to potential fires. Overall, the Fire Pump Controller market is poised for continued growth as the importance of fire safety systems becomes increasingly recognized. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The global fire pump controllers market is projected to expand during the forecast period. However, growth may be hindered in certain regions due to economic recessions and industrial slowdowns. China, a significant market, is affected by trade issues and a weakening currency, leading to government plans to reduce bloated industries. Commodity price declines in oil and gas-exporting countries, such as Brazil and Russia, have caused long-term recessions and decreased facility upgrades, negatively impacting the market.The Fire Pump Controller market faces several challenges. The need for reliable and efficient fire protection systems is crucial, yet ensuring their consistent performance can be difficult. The use of outdated technology and lack of regular maintenance can lead to inaccurate readings and potential system failures. Additionally, the integration of various fire safety systems, such as sprinklers and alarms, requires advanced technology and coordination. Furthermore, the increasing demand for energy-efficient solutions adds complexity to the design and implementation of fire pump controllers. Lastly, the cost of compliance with regulations and standards can be a significant challenge for market players.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This fire pump controllers market report extensively covers market segmentation by  

End-user 1.1 Industrial1.2 Commercial1.3 ResidentialType 2.1 Electric fire pump controller2.2 Diesel fire pump controllerGeography 3.1 APAC3.2 North America3.3 Europe3.4 Middle East and Africa3.5 South America

1.1 Industrial-  The fire pump controller market is driven by the increased need for fire safety equipment in industries such as oil and gas, chemical, and mining and metals. Strict guidelines mandate the use of explosion-proof equipment, boosting demand for fire pump controllers. These controllers regulate the speed of pumps, supplying water during fires. Single-stage and multi-stage pumps require controllers of varying power delivery ratings. Large industries, like oil and gas and chemical, with power requirements exceeding 30 MW, install multiple fire pump controllers to ensure continuous operation and prevent fire outbreaks. This trend is expected to fuel market growth during the forecast period.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Fire Pump Controllers market encompasses advanced technologies designed for optimizing fire pump operations in various buildings, ensuring security precautions during construction and manufacturing operations. These controllers integrate sensors to monitor pump performance and motor controller status, enabling energy economy in both diesel-powered and electric-powered fire pumps. Smart factories leverage fire pump controllers with energysaving features to adhere to regulations and certifications, enhancing overall system efficiency. Fire pump controllers play a crucial role in maintaining the reliability and effectiveness of fire protection systems, adhering to stringent industry standards.

Market Research Overview

The Fire Pump Controller market encompasses innovative technologies and solutions designed to manage and optimize the performance of fire pumps in various industries. These controllers ensure the reliable and efficient operation of fire protection systems, safeguarding lives and assets. Key features include real-time monitoring, automatic start-up, and fault detection. The market is driven by stringent safety regulations and the increasing demand for advanced fire safety systems. Additionally, the integration of IoT and AI technologies is revolutionizing fire pump controller systems, offering remote access, predictive maintenance, and energy savings. The market is segmented based on application, end-use industry, and geography.

Learn and explore more about Technavio’s in-depth research reports

The global traffic lights market is experiencing substantial growth due to increasing urbanization and the need for efficient traffic management systems. Key factors driving the market include advancements in smart city technologies, rising traffic congestion, and the implementation of intelligent transportation systems (ITS). Innovations such as adaptive signal control technology (ASCT) and energy-efficient LED traffic lights are enhancing traffic flow and safety. The Asia-Pacific region is expected to lead market growth, driven by rapid urban development and government initiatives. Major players in the market are focusing on strategic partnerships and technological advancements to maintain their competitive edge.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

End-userIndustrialCommercialResidentialTypeElectric Fire Pump ControllerDiesel Fire Pump ControllerGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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RedThread Report Reveals 50% Drop in L&D’s Involvement in Strategic Discussions, Offers Framework for Reclaiming Influence

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RedThread Research’s latest report, Hope Isn’t a Plan: Building a Progressive L&D Strategy, highlights a 50% drop in Learning & Development involvement in business strategy discussions over the past two years, signaling a shift from strategic partner to reactive function. The report also provides a comprehensive five-part framework to help L&D leaders articulate their strategy, collaborate effectively across departments, and balance stability with flexibility.

WOODSIDE, Calif., Nov. 14, 2024 /PRNewswire-PRWeb/ — RedThread Research has published its latest report, “Hope Isn’t a Plan: Building a Progressive L&D Strategy,” which underscores the declining strategic role of Learning & Development (L&D) functions and offers a comprehensive framework for leaders seeking to recalibrate their strategies.

“L&D needs to rethink its strategy or risk becoming irrelevant. More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The study reveals a sharp 50% drop in L&D’s involvement in business strategy discussions over the past two years, signaling an alarming shift from strategic partner to reactive supporter. The research also shows that L&D’s involvement in workforce planning discussions similarly declined sharply over this same period.

“L&D needs to reclaim its strategic voice or risk becoming irrelevant,” said Dani Johnson, Co-founder and Principal Analyst at RedThread Research. “More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The report highlights several pressing insights, including:

Declining Strategic Influence: L&D’s diminishing role in strategy discussions has led to a more tactical and reactive function in many organizations.The Importance of Articulating Strategy: Many L&D leaders lack a clearly communicated and well-defined strategy, further compounding their inability to respond effectively to changing business needs.Collaboration as a Cornerstone: Successful employee development requires structured collaboration and cooperation across departments, challenging entrenched mindsets about L&D’s role. L&D functions need a plan for how to best collaborate with other business functions.Balancing Stability with Flexibility: While adaptability is essential, the report argues that stability also forms the foundation for long-term success in L&D efforts.A Five-Part Strategic Framework: The study provides a detailed framework comprising five core elements of an L&D Strategy—Organizational Alignment, Employee Impact, Operations and Governance, Tech and Data, and Stakeholder Engagement.

“Learning and Development can’t afford to play it safe,” added Johnson. “They must be prepared to continually evolve— locking down what works while still flexing to meet what comes next. And they need to double down on strategy to show how that connects back to outcomes — and prove that L&D is not just a cost center but a critical driver of success.”

For access to an infographic of the framework and other exclusive research, navigate to https://members.redthreadresearch.com/spaces/12680089/feed and register for a complimentary Starter Tier membership in the RedThread Research community.

For companies and individuals interested in exploring this research more deeply, RedThread offers exclusive membership opportunities. Join the RedThread research community or the Tech Consortium by visiting the RedThread website (https://www.redthreadresearch.com) or reaching out to RedThread by emailing hello@redthreadresearch.com. 

About RedThread Research

At RedThread Research, we get it.

Sure, we’re experts in performance, people analytics, learning, and D&I – and we’re well-versed in the technologies that support them. But we’re also truth-seekers and storytellers in an industry often short on substance, and too full of #!%. Our mission (indeed, our very reason for existing) is to cut through the noise, and amplify what’s good. We look for the connections (or red threads) between people, data, and ideas – even among seemingly unrelated concepts. The result is high-quality, unbiased, transformative foresight that helps you build a stronger business.

To learn more, visit https://www.redthreadresearch.com.

Heather Gilmartin
RedThread Research
646-275-0742
heathergilmartin@redthreadresearch.com

Media Contact

Heather Gilmartin Adams, RedThreadResearch, 6462750742, heathergilmartin@redthreadresearch.com, https://redthreadresearch.com/

View original content:https://www.prweb.com/releases/redthread-report-reveals-50-drop-in-lds-involvement-in-strategic-discussions-offers-framework-for-reclaiming-influence-302306028.html

SOURCE RedThreadResearch; RedThreadResearch

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SONOR INVESTMENTS LIMITED APPOINTS NEW INTERIM CHIEF FINANCIAL OFFICER AND TREASURER

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TORONTO, Nov. 14, 2024 /CNW/ – Sonor Investments Limited (“Sonor”) announced today that Fanny Chantal Grenier was appointed Treasurer and Chief Financial Officer of Sonor effective November 12, 2024 to replace Rosabell Chung Hun who resigned from this position as of such date.

Michael Gardiner, Chairman and Chief Executive Officer of Sonor, stated “we would like to express our gratitude for Rosabell Chung Hun’s significant contributions and dedication to our company”. He went on to say “for the immediate future, Fanny Chantal Grenier is to be appointed as the interim Chief Financial Officer  and Treasurer of the company until we have a permanent replacement. We are in the process of examining our human resources plan that will be discussed and presented at our next board meeting”.

Ms. Grenier presently holds the position of President of Fairwater Capital Corporation, is a qualified CA CPA and brings extensive experience in financial leadership. She has a proven track record in advancing fiscal responsibility and operational efficiency.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

SOURCE Sonor Investments Limited

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Odyssey Impact’s New Grant Opportunity: $2,500 – $25,000 for Local Nonprofits — But Don’t Bother If You JUST Want to Raise Awareness

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Odyssey Impact is awarding grants ranging from $2,500 to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) with creative and unique ideas for tackling local challenges and bringing people together in person. The Connected Communities Grants are simple and streamlined… no epic application process and no weeks-long recap reports. The grants were created to help bring about impactful and meaningful change that connects and strengthens local communities. The deadline to apply is December 11, 2024 and winners will be announced in January 2025.

NEW YORK, Nov. 14, 2024 /PRNewswire-PRWeb/ — If you’re tired of JUST TALKING ABOUT A PROBLEM, WE’RE WITH YOU. WE WANT TO FIND SOLUTIONS. And if you’re also tired of filling out long applications, running “awareness” campaigns, or spending weeks cobbling together post-grant reports, Odyssey Impact® has some great news for you.

Through the simple and streamlined Connected Communities Grants, Odyssey Impact® is offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help solve problems in their communities and bring people together in person.

We’re ditching all that in our new SIMPLE AND STREAMLINED Connected Communities Grants, offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help SOLVE PROBLEMS in their communities.

Grants will range from $2,500 to $25,000 for applicants with CREATIVE and UNIQUE ideas for tackling local challenges and bringing people together IN PERSON. You know what your town needs and we want to help you make it happen.

Our Mandate is Simple: We want creative ways to help connect people in real-time, in meaningful ways.

Odyssey Impact Board President, Riaz Patel, and co-founder of ConnectEffect, underscores the critical importance of real, in-person connection:

“We’re facing an unprecedented epidemic of isolation, alienation, and loneliness. We don’t need more awareness or research to know it’s a massive problem. We need bold, innovative solutions from creative thinkers to reignite a sense of community across America.”

Interested in applying? Awesome! But here’s what we don’t want:

We’re not looking for “scalable” projects. We ARE looking for local and connected.No “awareness campaigns.” We want to help you take real action instead.No “virtual” events. We are funding in-person, live human stuff.Skip the epic applications. We don’t have the time for those either.No weeks-long recap reports. We’d rather see your great pics and videos.No galas, golf tournaments, or fundraisers. We want project- and program-focused ideas.

Got something cool and community-focused in mind? Perfect! We want unique ideas that make sense for your community, and we want you to spell it out clearly (without all the fluff) — how your project will connect people, foster innovation, and bring the community together.

We need this now more than ever, and if you agree, you are our kind of grantee applicant.

You can apply now through December 11th at odyssey-impact.org,

Winners will be announced in January 2025.

Together, we can truly create impactful and meaningful change that connects and strengthens our local communities.

About Odyssey Impact®

Odyssey Impact® ignites creative, actionable solutions that drive real transformation and connection at the local level. By teaming up with innovative community leaders and those who care about their communities, we’re funding projects that are not only visionary, but also perfectly tailored to meet each community’s unique needs.

Through these efforts, Odyssey Impact is laying the groundwork for a future where real community-driven initiatives create much-needed impact & change and bring us all closer together.

Media Contact

Erin Carenzo, Odyssey Impact, 1 8183817336, erin@carenzoagency.com, https://odyssey-impact.org/

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SOURCE Odyssey Impact; Odyssey Impact

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