FMI Survey Finds End-Users Prefer Grooved Fire Pump Test Meters over Flanged Variants
The FMI survey finds that fire pump test meters with grooved body type remain highly-favored Cheap Air Max Thea , with global sales likely to equal a market value of over US$ 95 Mn in 2019. The oil, gas, and chemicals industries continue to spearhead demand, with the market benefitting from the recovery in oil prices. According to the study Cheap Air Max Tavas , evolving regulations concerning safety at oil & gas plants are likely to hard press stakeholders to bolster their security apparatus.
Fire pump test meter sales in the oil & gas industry are likely to be complemented by growing applications in power generation sector. Testing equipment, including fire pump test meters, is emerging as a viable investment for reducing high insurance costs in the power generation sector; the FMI study remains bullish on adoption of fire testing equipment in power generation sector in the future.
North America, spearheaded by healthy sales in the US Cheap Air Max Tailwind , retains its lucrativeness in the fire pump testing meters market. The lucrativeness of this region can be attributed to growing emphasis on process streamlining by diverse industry verticals.
The manufacturing framework of fire pump testing meters remains highly influenced by codes and standards issued by prominent organizations, such as National Fire Protection Association (NFPA), vis-脿-vis design of fire pumps and related components. Moreover, NFPA guidelines on inspection of fire pump test meters post initial installation and on annual basis thereafter remains a crucial aspect encouraging manufacturers to offer value-added services. With disruptive innovations gaining traction Cheap Air Max Plus , manufacturers are vying to offer advanced products that simplify testing processes with a high level of reliability.
Addressing the challenges associated with accuracy in high precision for even low-end readings remains a key focus area for manufacturers. Sensing the shifts in end-user demand, manufacturers are incorporating advanced materials to withstand extremes of operational environment. Fire pump test meter manufacturers are also offering extended warranties to boost consumer confidence and repeat sales.
The FMI report gauges the evolving opportunities in the fire pump test meters market for the forecast timeline of 2019-2027. According to the report, the fire pump test meters is estimated to expand at a CAGR of 5% through 2027.
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Temporary or permanent damage to the appliance Diminishing in the life of the appliance Unwanted interruption in the appliance Increase in the cost of repair and maintenance Reduced speed of the motor Decrease in the productivity
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Relay Type - It accomplished voltage regulation by switching the relays.
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Static Type - Use power electronic converter circuits to achieve voltage regulation because has no moving parts.