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The global fire sprinklers market size reached a value of about USD 12.65 billion in 2023. The market is further expected to grow at a CAGR of about 8.2% in the forecast period of 2024-2032 to reach a value of around USD 25.63 billion by 2032.
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North America is the leading region for the market due to the presence of upgraded fire protection systems. Governments throughout the world are now enforcing stringent regulations on fire sprinkler installations in public and private institutions. In the Indian Nation Building Code, for example, automatic sprinklers, fire removers, and water sprays have been included. Similarly, a provision for home-fire sprinklers in one- and two-family housing is set out in the NFPA Building Construction and Security Code in the United States of America. Some of the major factors driving the growth of the global fire sprinklers market include development in buildings, technical advancements, and environmental advantages, among others.
A fire sprinkler refers to an aspect of the sprinkler system, which discharges the fire and stops it from re-emerging with a sufficient amount of water. The air heats up and falls to the ceiling if a fire breaks out. As the sprinklers are triggered by heat, when the hot air enters the sprinkler, a chain reaction is enabled. Such devices are used in residential and commercial premises to avoid injuries or deaths due to fire. This provides sufficient time for people to escape from the imminent danger by obeying the pre-approved development plan of the specific building or space as the first line of defence against fire.
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Based on product type, the fire sprinklers market can be divided into the following:
On the basis of service, the market can be divided into:
On the basis of component, the industry is segmented into the following:
Based on technology, the market can be further categorised as follows:
It finds end uses in the following sectors:
The regional fire sprinklers markets include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
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The main driving factor of the global fire sprinklers market is the increase in smart home construction. Such homes comply with the building codes of the respective countries for which fire sprinkler systems are built. Furthermore, the growing demand for domestic automation, along with the rapid development and improved standards of living, are a driving force behind the growth of the industry. In addition, technological advancements have led to the launch of smart, high-performance models that have become widely known among consumers. These variants use panic buttons, motion-sensing technology, and infrared surveillance sensors, which send automatic notifications to users to alarm smartphones. Due to the numerous advantages associated with their use, sales of dung fire suppression systems are also increasing globally. Such systems have high efficiency, faster activation times, a reduced loss of water, and increased capacity for the displacement of oxygen. The implementation of these systems is likely to create favourable business opportunities in high-risk industrial verticals, such as oil, gas, mining, and petrochemical.
The report gives a detailed analysis of the following key players in the global fire sprinklers market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Product Type |
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| Breakup by Service |
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| Breakup by Component |
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| Breakup by Technology |
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| Breakup by End Use |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the global fire sprinklers market attained a value of nearly USD 12.65 billion.
The market is projected to grow at a CAGR of 8.2% between 2024 and 2032.
The market is estimated to grow in the forecast period of 2024-2032 to reach about USD 25.63 billion by 2032.
The major market drivers include the growing installations of upgraded fire protection systems, the rising popularity of smart homes, and the introduction of favourable government initiatives aimed at boosting the safety of buildings.
The growing demand for automation in the domestic sector, technological advancements and innovations, the surging launches of high-performance and smart fire sprinklers, and various advantages associated with the use of fire sprinklers are the key trends guiding the market development.
The major regions in the market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
Wet pipe fire sprinklers, dry pipe fire sprinklers, deluge systems, and pre-action systems, among others, are the major product types in the market.
The various segments on the basis of service considered in the market report are engineering services, installation, design maintenance, inspection, and managed services, among others.
Stop valve, alarm valve, fire sprinkler head, alarm test valve, and motorised alarm bell are the significant components of the product in the market.
The major technologies of fire sprinklers considered in the market report include active fire protection and passive fire protection.
Commercial, residential, and industrial are the major end use segments of the product in the market.
The major players in the market are Johnson Controls, APi Group, Minimax USA LLC., Siemens AG, Hochiki America Corporation, and Honeywell International Inc., among others.
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