“Fire Sprinklers Market Report: Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global fire sprinklers market based on its segments including type, end use and region. The report tracks the latest industry trends and analyses their overall impact on the market. It also evaluates the market dynamics, which cover the key demand and price indicators, and studies the market on the basis of the SWOT and Porter’s Five Forces models.
Report Metrics
Historical Year: 2016-2021
Base Year: 2021
Forecast Year: 2022-2027
A fire sprinkler system refers to a fire protection system that includes water supply and distribution piping apparatus installed on the ceilings or walls of buildings. They are activated when the sprinkler head reaches the activation temperature during a fire breakout. Fire sprinklers, or sprinkler heads, discharge high-pressure water over the fire to extinguish it. These systems are considered one of the safest methods for suppressing fire breakouts at a rapid pace, thereby preventing the situation from escalating further. As a result, fire sprinklers are extensively installed across residential, industrial, healthcare, and commercial establishments for safety purposes.
Note: Our analysts are continuously monitoring the influence of the COVID-19 pandemic on the market. This insightful information is included in the report to improve the efficiency, resilience and overall performance of businesses.
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Global Fire Sprinklers Industry Trends and Drivers:
The growing risk of fire accidents in the mining, oil and gas, and petrochemical sectors owing to the extensive usage of flammable materials is primarily driving the global fire sprinklers market. Besides this, the increasing construction of high-rise residential and commercial buildings, along with the rising focus on developing smart cities, is also impelling the demand for fire sprinklers. Moreover, the introduction of high-performance systems that cater to minimum water wastage and facilitate quick alertness is providing a positive outlook for the global market. In addition to this, the growing popularity of HI-FOG technology, which enables the flames to cool down effectively and aid in displacing oxygen locally, is acting as another significant growth-inducing factor. Furthermore, the advent of high-performance automatic systems that utilize thermal radiation technology to detect fires is augmenting the market growth. Apart from this, the implementation of stringent regulations by government bodies of several countries mandating automatic sprinkler systems in public and private establishments is anticipated to propel the global fire sprinklers market over the forecasted period.
Global Fire Sprinklers Market Segmentation:
The market is segmented in on the basis of type, end use and region.
- Type
- End use
- Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive Landscape:
The report also provides insights on the competitive landscape of the global fire sprinklers industry with the leading players profiled in the report.
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