The newly Fire Sprinklers market report provided a complete view of the present and future market. Deep analysis of enterprise competition pattern, enterprise product advantages and disadvantages, regional industrial layout characteristics. The base year considered for the study is 2018 and the market size is projected from 2019 to 2026.
Product Information
A fire sprinkler also called a sprinkler head, is the component of a fire sprinkler system that discharges water when the influences of a fire have been detected, such as when a predetermined temperature has been exceeded.
On the basis of products, the various types include Wet Pipe Fire Sprinklers, Dry Pipe Fire Sprinklers, Deluge Systems, Pre-Action Systems, and Others. On the basis of application, the Fire Sprinklers market is segmented into Commercial Applications, Residential Applications, and Industrial Applications.
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Market Insights
According to a new research study, the Fire Sprinklers market size is expected to reach USD 15,814 million by 2026 from USD 9,657 million in 2019, with a compound annual growth rate of 7.3% during the forecast period. The growth can be mainly attributed to the increasing installations of fire sprinkler systems. Governments are formulating stringent norms for installation of fire sprinklers in different public and private establishments, which is also projected to promote the growth of the market. However, the high cost involved in retrofitting fire sprinklers in buildings can pose a challenge to the growth of the market. With the recovery of the global economy and the development of emerging powers, the Fire Sprinkler market is endowed with a promising future. Technological advances provide a growth opportunity for the fire sprinkler market.
Regional Segment Analysis
The report focuses on detailed analysis of major regions like North America (United States, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia), and Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).
In 2018, the Fire Sprinkler global market was mainly concentrated in the three regions of Asia-Pacific, North America, and Europe, with the market share of 33.62%, 31.14%, and 28.63% respectively, accounting for a total of 93.39%. North America is the largest producer with a proportion of 34.22%. Growth in government budgets in principal countries, more-intense competition, and increasing utilization of Fire Sprinkler are expected to drive the growth of the market in those regions.
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Competitive Players
The Fire Sprinklers market is full of competition due to the presence of many large and small companies and local manufacturers. The leading vendors in the market are Hochiki, Minimax Viking, Tyco International, United Technologies, and API. Other prominent vendors in the market are Automatic Fire Sprinklers, Century Fire Sprinklers, Cosco Fire Protection, DIBOCO Fire Sprinklers, Global Fire Sprinklers, Prairie Fire Sprinklers, REDA Fire & Safety, Rollins Fire Sprinklers, Wayne Automatic Fire Sprinklers, and others.
Target Audience for this Report
l Fire Sprinklers manufacturers
l Fire Sprinklers importers and exporters
l Fire Sprinklers traders, distributors, and suppliers
l Raw material suppliers of Fire Sprinklers
l Fire Sprinklers industry associations
l Product managers, Fire Sprinklers industry administrator, C-level executives of the industries
l Market Research and consulting firms
l Small and Medium-sized Enterprises (SMEs)
l Government agencies and NGOs
Table of Content
1 Report Overview
1.1 Product Definition and Scope
1.2 PEST (Political, Economic, Social and Technological) Analysis of Fire Sprinklers Market
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2 Market Trends and Competitive Landscape
3 Segmentation of Fire Sprinklers Market by Types
4 Segmentation of Fire Sprinklers Market by End-Users
5 Market Analysis by Major Regions
6 Product Commodity of Fire Sprinklers Market in Major Countries
7 North America Fire Sprinklers Landscape Analysis
8 Europe Fire Sprinklers Landscape Analysis
9 Asia Pacific Fire Sprinklers Landscape Analysis
10 Latin America, Middle East & Africa Fire Sprinklers Landscape Analysis
11 Major Players Profile
11.1 Hochiki
11.1.1 Hochiki Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2 Minimax Viking
11.3 Tyco International
11.4 United Technologies
11.5 API
11.6 Automatic Fire Sprinklers
11.7 Century Fire Sprinklers
11.8 Cosco Fire Protection
11.9 DIBOCO Fire Sprinklers
11.10 Global Fire Sprinklers
11.11 Prairie Fire Sprinklers
11.12 REDA Fire & Safety
11.13 Rollins Fire Sprinklers
11.14 Wayne Automatic Fire Sprinklers
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Key questions answered in the report
l What will the market size and growth rate be in 2026?
l What segment or region will drive or lead the market growth and what are the reasons?
l How will market drivers, constraints and future opportunities affect market dynamics and subsequent analysis of relevant trends?
l What key strategies are used by top vendors to increase revenue?
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