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Fire Sprinkler Systems Market Trends

  • Report ID: GMI9483
  • Published Date: May 2024
  • Report Format: PDF

Fire Sprinkler Systems Market Trends

There is a growing focus on the aesthetics of fire sprinkler systems, particularly in commercial and residential settings, for architectural and interior design purposes. Manufacturers are offering sprinkler heads and piping systems with sleek and discreet features to blend seamlessly with building interiors while maintaining compliance with safety standards.
 

With the rising consumer awareness, fire sprinkler systems are gaining momentum across the residential and non-residential sectors. Fire sprinklers are being installed in various places including homes, commercial buildings, and public areas as they are highly effective at limiting the spread of fires. These systems consist of a network of pipes filled with water, and each sprinkler head is designed to detect heat and activate independently. When a fire breaks out, the sprinkler head closest to the fire is activated, releasing water to control or extinguish the flames.
 

Authors: Ankit Gupta, Abhishek Chopra

Frequently Asked Questions (FAQ) :

The market size of fire sprinkler systems was reached USD 11.52 billion in 2023 and is expected to register 8.6% CAGR from 2024 to 2032, owing to the introduction of advanced sensors and control systems allowing early detection and localized activation of sprinklers worldwide.

Fire sprinkler systems industry from the wet-pipe sprinkler system segment held over 42% share in 2023 and is expected to register an appreciable CAGR from 2024 to 2032, due to increasing emphasis on fire safety regulations and standards across various industries.

Asia Pacific fire sprinkler systems industry is expected to register over 9.5% CAGR through 2032, due to increasing awareness of fire safety measures, stringent regulations, and the rising need for reliable fire protection solutions in the region.

Johnson Controls, Honeywell HBT., Viking Group Inc., HD Fire Protect Pvt. Ltd., Minimax GmbH & Co. KG, Rapidrop Global Ltd., and Potter Electric Signal Company, LLC, are some of the major fire sprinkler systems companies worldwide.

Fire Sprinkler Systems Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 9
  • Tables & Figures: 302
  • Countries covered: 21
  • Pages: 220
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