Fire Sprinkler Market Size, Share, Analysis Report

Fire Sprinkler Market By Type (Products, Services); By Component (Stop Valve, Alarm Valve, Fire Sprinkler Head, Alarm Test Valve, Motorized Alarm Bell); By Application (Commercial Applications, Residential Applications, Industrial Applications) and by Regional Analysis - Global Forecast by

The Fire Sprinkler Market is expected to be around US$ 17 Billion by 2027 at a CAGR of 10% in the given forecast period.

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MARKET SNAPSHOT

Major Players

  • Johnson Controls Inc
  • Robert Bosch GmbH
  • Honeywell International Inc
  • Siemens AG
  • TYCO
  • Study period:

    2022-2027

    Base Year:

    2021

    CAGR:

    10

    Fastest Growing Market:

    APAC

    Largest Market:

    North America

    REPORT DESCRIPTION

    Protection of life and property and prevention of damage or loss due to fire-break have necessitated the demand for fire sprinklers. Fire sprinkler systems are capable of detecting and restricting the spread of fire by extinguishing fire in the early stages with minimal water usage. Fire sprinkler services are required in various sectors such as oil & gas, manufacturing, energy & power, transportation, and mining among others.

    How Big is The Global Fire Sprinkler Market?

    The Fire Sprinkler Market is expected to be around US$ 17 Billion by 2027 at a CAGR of 10% in the given forecast period.

    The major driving factors of Fire Sprinkler Market are as follows:

    • Various Norms of government Agencies
    • Increasing Trend of Automation in industrial Buildings and houses in Developing Nations
    • Decreased Insurance Expenditure

    The major restraints factors of Fire Sprinkler Market are as follows:

    • Lack of Integrity in System Interfaces

    The Fire Sprinkler Market has been segmented as below:

    By Type:

    • Products
    • Deluge Sprinkler System
    • Wet Sprinkler System
    • Pre-Action Sprinkler System
    • Dry Sprinkler System
    • Others
    • Services
    • Inspection and Managed Services
    • Engineering Services
    • Maintenance Services
    • Installation and Design
    • Other Services

    By Component:

    • Stop Valve
    • Alarm Valve
    • Fire Sprinkler Head
    • Alarm Test Valve
    • Motorized Alarm Bell

    By Application:

    • Commercial Applications
    • Residential Applications
    • Industrial Applications
    • Other Applications

    The Fire Sprinkler Market is segmented on the lines of its type, component, application and regional. Based on type it covers product and service. Based on component it covers Stop Valve, Alarm Valve, Fire Sprinkler Head, Alarm Test Valve and Motorized Alarm Bell. Based on application it covers Commercial Applications, Residential Applications, Industrial Applications and Other Applications. The Fire Sprinkler Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

    This report provides:
    1) An overview of the global market for Fire Sprinkler Market and related technologies.
    2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
    3) Identifications of new market opportunities and targeted promotional plans for Fire Sprinkler Market.

    4) Discussion of research and development, and the demand for new products and new applications.
    5) Comprehensive company profiles of major players in the industry. 

    Report Scope:

    The scope of the report includes a detailed study of Fire Sprinkler Market with the reasons given for variations in the growth of the industry in certain regions.

    The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report Johnson Controls Inc, Honeywell International, Inc, Robert Bosch GmbH, Siemens AG, TYCO, United Technologies Corporation (Utc), API Group Inc, Hochiki Corporation, Minimax GmbH & Co KG and VTMAK. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

    The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

    Reasons to Buy this Report:
    1) Obtain the most up to date information available on all Fire Sprinkler Market.

    2) Identify growth segments and opportunities in the industry.

    3) Facilitate decision making on the basis of strong historic and forecast of Fire Sprinkler Market.

    4) Assess your competitor’s refining portfolio and its evolution.

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    1.    Introduction
        1.1    Key Findings
        1.2    Report Description
        1.3    Markets Covered
        1.4    Stakeholders

    2.    Research Methodology
        2.1    Research Data
        2.2    Market Size Estimation and Data Triangulation
        2.3    Research Assumptions

    3.    Summary with Insights

    4.    Market Overview
        4.1    Introduction
        4.2    Drivers
        4.3    Restraints
        4.4    Industry Trends
        4.5    Porter’s Five Forces Analysis

    5.    Fire Sprinkler Market Analysis, By Type
        5.1    Products
            5.1.1    Wet Sprinkler System
            5.1.2    Dry Sprinkler System
            5.1.3    Pre-Action Sprinkler System
            5.1.4    Deluge Sprinkler System
            5.1.5    Others
        5.2    Services
            5.2.1    Engineering Services
            5.2.2    Installation and Design
            5.2.3    Maintenance Services
            5.2.4    Inspection and Managed Services
            5.2.5    Other Services

    6.    Fire Sprinkler Market Analysis, By Component
        6.1    Stop Valve
        6.2    Alarm Valve
        6.3    Fire Sprinkler Head
        6.4    Alarm Test Valve
        6.5    Motorized Alarm Bell

    7.    Fire Sprinkler Market Analysis, By Application
        7.1    Commercial Applications
        7.2    Residential Applications
        7.3    Industrial Applications
        7.4    Other Applications

    8.     Fire Sprinkler Market Analysis, By Region
        8.1    North America
        8.2    Europe
        8.3    Asia-Pacific
        8.4    Rest of the World

    9.     Competitive Overview
        9.1    Introduction
        9.2    New Product Launches
        9.3    Acquisitions
        9.4    Agreements, Partnerships, And Collaborations
        9.5    Expansions

    10.     Company Profiles
        10.1    Minimax GmbH & Co KG
        10.2    VTMAK
        10.3    Robert Bosch GmbH
        10.4    Johnson Controls Inc.
        10.5    Honeywell International, Inc.
        10.6    Hochiki Corporation
        10.7    Siemens AG
        10.8    TYCO
        10.9    United Technologies Corporation (Utc)
        10.10    API Group Inc.

    The Fire Sprinkler Market has been segmented as below:

    By Type:

    • Products
    • Deluge Sprinkler System
    • Wet Sprinkler System
    • Pre-Action Sprinkler System
    • Dry Sprinkler System
    • Others
    • Services
    • Inspection and Managed Services
    • Engineering Services
    • Maintenance Services
    • Installation and Design
    • Other Services

    By Component:

    • Stop Valve
    • Alarm Valve
    • Fire Sprinkler Head
    • Alarm Test Valve
    • Motorized Alarm Bell

    By Application:

    • Commercial Applications
    • Residential Applications
    • Industrial Applications
    • Other Applications

    By Regional Analysis:

    •     North America
    •     Europe
    •     Asia-Pacific
    •     Rest of the World

     

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    The market is expected to grow at a CAGR of 10% during the study period (2022-2027)
    The Fire Sprinkler Market is expected to be around US$ 17 Billion by 2027
    The segment included in Fire Sprinkler Market is Type, Application, Component, Company and region.
    Some key players operating in the Fire Sprinkler Market include Johnson Controls Inc, Honeywell International, Inc, Robert Bosch GmbH, Siemens AG, TYCO, United Technologies Corporation
    We can offer several formats of the market research reports including, • PDF • PPT • Spreadsheet/ Workbook

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