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About Fire Sprinkler Systems
A fire sprinkler system is an effective tool to combat fire in buildings, be it a commercial, industrial, or residential setting as well as in the transportation sector. In case of a fire, these systems are quickly activated to reduce heat, flames, and smoke, thereby saving human lives and preventing injuries as well as loss of property. Fire sprinkler systems are categorized into wet pipe systems, dry pipe systems, deluge systems, and pre-action systems.
Technavio’s analysts forecast the global fire sprinkler systems market to grow at a CAGR of 7.62% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fire sprinkler systems market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Fire Sprinkler Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Hochiki
• Minimax
• NAFFCO
• Tyco Fire Products
Other prominent vendors
• Cosco Fire Protection
• Globe Fire Sprinkler
• HD Fire Protect
• Reliable Automatic Sprinkler
• Siemens
• United Technologies
• Victaulic
• Viking
Market driver
• Decline in insurance expenditure
• For a full, detailed list, view our report
Market challenge
• High cost of retrofit and replacement of fire protection systems in existing buildings
• For a full, detailed list, view our report
Market trend
• Automation of fire safety systems
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
A fire sprinkler system is an effective tool to combat fire in buildings, be it a commercial, industrial, or residential setting as well as in the transportation sector. In case of a fire, these systems are quickly activated to reduce heat, flames, and smoke, thereby saving human lives and preventing injuries as well as loss of property. Fire sprinkler systems are categorized into wet pipe systems, dry pipe systems, deluge systems, and pre-action systems.
Technavio’s analysts forecast the global fire sprinkler systems market to grow at a CAGR of 7.62% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global fire sprinkler systems market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Fire Sprinkler Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Hochiki
• Minimax
• NAFFCO
• Tyco Fire Products
Other prominent vendors
• Cosco Fire Protection
• Globe Fire Sprinkler
• HD Fire Protect
• Reliable Automatic Sprinkler
• Siemens
• United Technologies
• Victaulic
• Viking
Market driver
• Decline in insurance expenditure
• For a full, detailed list, view our report
Market challenge
• High cost of retrofit and replacement of fire protection systems in existing buildings
• For a full, detailed list, view our report
Market trend
• Automation of fire safety systems
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
