Automatic Fire Sprinkler Systems Market - Global Industry analysis and Forecast to 2020
Persistence Market Research
Automatic Fire Sprinkler Systems Market: Global Industry analysis and Forecast to 2020
Persistence Market Research
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Automatic Fire Sprinkler Systems Market - Global Industry analysis and Forecast to 2020
Persistence Market Research Released New Market Report on “Automatic Fire Sprinkler Systems Market - Global Industry analysis and Forecast to 2020”. Fire sprinkler system is used as one of fire protection measure. Fire sprinkler system consists of water supply system, providing required pressure and flow to the water distribution piping system where the fire sprinklers are connected. Sprinklers systems are majorly installed on building codes or on the recommendation of the insurance company to reduce loss of property or potential business damage. Buildings having more than 100 people or place where people stay for overnight such as hotels, nursing homes, dormitories and hospitals are equipped with automatic fire sprinkler systems under local building codes. Buy full report at http://www.persistencemarketresearch.com/market-research/automatic-firesprinkler-systems-market.asp In the past automatic fire sprinkler system were only used in commercial building or factories to protect properties or potential business loss. Recently, automatic fire sprinkler system has gained its important in hotels, motels, residential buildings and other similar institution. According to working system automatic fire sprinkler system can be bifurcated into wet (used in residential buildings), dry (used in the cold weather region), deluge and pre-action sprinklers systems. Commercial and residential are the major endusers of automatic fire sprinklers systems. Other end-users include hotels, motels, nursing homes, dormitories, hospitals and other similar institutions.
North America has the largest market share for automatic fire sprinklers system, followed by Europe and Asia-Pacific. North America is expected to maintain its dominance in the forecasted period. The U.S. market alone holds the largest market globally accounting for more than one third of global market. Asiapacific region is expected to witness double digit growth in coming future. Developing countries such as India and China may boost the Asian automatic fire sprinklers systems market.
Increasing number of fire related deaths and loss of property is driving the global automatic sprinklers systems market. Additionally, government regulations coupled with insurance company recommendation to equipped commercial, residential or other similar building with proper fire security system to protect loss of property is driving the global market to some extent. In 1990 the U.S. government passed an act “The Hotel and Motel Safety Act” which requires that any hotel, motels, meeting hall and similar places which receives federal monetary benefits (government traveler’s overnight stay or for a conference) must meet the required fire and other safety measures. Since then automatic fire sprinklers systems demand has increased in major developed countries. Also, multinational companies who have started their
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Automatic Fire Sprinkler Systems Market - Global Industry analysis and Forecast to 2020 operation in the developing countries such as India and China might demand better fire security system. This may further increase the demand for automatic fire sprinklers system. Request full TOC at http://www.persistencemarketresearch.com/toc/3152 Some of the major companies operating in the global automatic fire sprinklers system are APi Group, Cosco Fire Protection, Tyco International, Adams Fire Protection, Heiser Logistics, Koorsen Fire and Security and American Fire Technologies.
Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc (as applicable) 2. The report covers geographic segmentation North America Europe Asia RoW 3. The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020 4. The report provides company profiles of some of the leading companies operating in the market 5. The report also provides porters five forces analysis of the market. Browse the full “All Upcoming Persistence Market's ” report at http://www.persistencemarketresearch.com/forthcoming-reports.asp About Us: Persistence Market Research is a global market research firm specializing- syndicated research, custom research, and consulting services At Persistence Market Research (PMR), we are in the business of accelerating your business. As a full-service market research firm, we stand committed to bringing more accuracy and speed to your business decisions. From ready-to-purchase market research reports to customized global research solutions, our engagement models are highly flexible without compromising on our deep-seated research values. Briefly stated, our mission is to give you access to forecasts and trends analyses that put you on the path to profitability. PMR’s Services Go Beyond Gleaning Data: Most enterprises believe that IT and databases are enough to make an accurate decision. While we do not dispute that, consider this: How long does it take to make an accurate and strategic million-dollar decision? We strive to deliver both even with demanding deadlines. Persistence Market Research
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Automatic Fire Sprinkler Systems Market - Global Industry analysis and Forecast to 2020
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