Global Fire Sprinklers Market Research Report and Forecast 2022-2027
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Report Description
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Report Description and Highlights
Report Description
Global Fire Sprinklers Market Outlook 2026: According to the latest report by IMARC Group, titled " Fire Sprinklers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-202 7 ," The global fire sprinklers market reached a value of US$11.4 Billion in 2021. Fire sprinklers refer to a fire protection system that contains water, which activates once the sprinkler head reaches the activation temperature. They usually consist of pipes, a stop and alarm valve, and a fire sprinkler head that are commonly installed on the sidewalls or ceilings to spray high-pressure water over the flames to extinguish them during fire outbreaks. These systems are widely used across commercial and residential spaces in an attempt to reduce the risks of damage caused by fire. As a result, they are considered to be one of the safest methods for suppressing fire breakouts at an early stage, thus preventing the situation from escalating any further. Request for a free sample: https://www.imarcgroup.com/fire-sprinklers-market/requestsample
Report Description and Highlights
Report Description
Global Fire Sprinklers Market Trends: The global market is primarily driven by the increasing incidences of sudden fire outbreaks across numerous sectors. Along with this, the introduction of stringent safety norms by the governments of numerous countries in an attempt to reduce the risks of death or injury from a fire breakout is providing a boost to the market growth across the globe. Moreover, the widespread installation of fire sprinklers across sectors that are prone to fire accidents, such as mining, oil and gas and petrochemical industries, is acting as another major growth-inducing factor. Furthermore, the rising adoption of the product across public and private establishments is positively influencing the market growth. Additionally, various technological advancements, including the widespread integration of heat-proof sensors, the Internet of Things (IoT) technology, and alarms with fire sprinkler systems, are providing an impetus to the market growth. Other factors, including increasing investments in infrastructural development projects and the introduction of improved product variants in the market, are further contributing to the market growth. Looking forward, IMARC Group expects the market to reach US$16.9 Billion by 2027, exhibiting at a CAGR of 6.7% during 2022-2027.
Report Description and Highlights Report Description Market Summary: Breakup by Product Type: • Wet Pipe Fire Sprinklers • Dry Pipe Fire Sprinklers • Deluge Systems • Pre-Action Systems Breakup by Service: • Engineering Services • Installation • Design Maintenance • Inspection • Managed Services Breakup by Application: • Commercial Applications • Residential Applications • Industrial Applications
Report Description and Highlights Report Description Breakup by Component: • Stop Valve • Alarm Valve • Fire Sprinkler Head • Alarm Test Valve • Motorized Alarm Bell Breakup by Technology: • Active Fire Protection • Passive Fire Protection Breakup by Region: • North America • Asia Pacific • Europe • Middle East and Africa • Latin America
Report Description and Highlights Report Description Competitive Landscape With Key players: • Honeywell International • Johnson Controls • Minimax GmbH & Co. KG • API Group Inc • United Technologies Corporation • Robert Bosch GmbH • Hochiki Corporation • VT MAK • Siemens AG View Report TOC, Figures and Tables: https://www.imarcgroup.com/fire-sprinklers-market
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Report Description and Highlights
Report Description
© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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