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A fire sprinkler system is an effective tool to combat fire in buildings, be it a commercial, industrial, or residential setting as well as in the transportation sector. In case of a fire, these systems are quickly activated to reduce heat, flames, and smoke, thereby saving human lives and preventing injuries as well as loss of property. Fire sprinkler systems are categorized into wet pipe systems, dry pipe systems, deluge systems, and pre-action systems.
According to our (Global Info Research) latest study, the global Fire Sprinkler Systems market size was valued at USD 8662.2 million in 2022 and is forecast to a readjusted size of USD 18820 million by 2029 with a CAGR of 11.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The wet pipe fire sprinkler systems segment will account for the major share of the fire sprinkler systems market due to their primary requirement in residential and commercial establishments. They are efficient as they ensure continuous supply of water through connectors and they are equipped with lesser components that reduce the chances of malfunctions. Moreover, the lower cost of maintenance will also support the growth of the fire suppression systems market in this segment.
This report is a detailed and comprehensive analysis for global Fire Sprinkler Systems market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Fire Sprinkler Systems market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Fire Sprinkler Systems market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Fire Sprinkler Systems market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Fire Sprinkler Systems market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Fire Sprinkler Systems
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Fire Sprinkler Systems market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hochiki, Minimax, NAFFCO, Tyco Fire Products and Cosco Fire Protection, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market segmentation
Fire Sprinkler Systems market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
- Wet Pipe Fire Sprinkler Systems
- Dry Pipe Fire Sprinkler Systems
- Deluge Fire Sprinkler Systems
- Pre-Action Fire Sprinkler Systems
Market segment by Application
- Commercial
- Industrial
- Residential
Major players covered
- Hochiki
- Minimax
- NAFFCO
- Tyco Fire Products
- Cosco Fire Protection
- Globe Fire Sprinkler
- HD Fire Protect
- Reliable Automatic Sprinkler
- Siemens
- United Technologies
- Victaulic
- Viking
Market segment by region, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
- Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
- South America (Brazil, Argentina, Colombia, and Rest of South America)
- Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Fire Sprinkler Systems product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Fire Sprinkler Systems, with price, sales, revenue and global market share of Fire Sprinkler Systems from 2018 to 2023.
Chapter 3, the Fire Sprinkler Systems competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Fire Sprinkler Systems breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Fire Sprinkler Systems market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Fire Sprinkler Systems.
Chapter 14 and 15, to describe Fire Sprinkler Systems sales channel, distributors, customers, research findings and conclusion.