Automatic Fire Sprinkler System Manufacturing
In the five years to 2016, rapidly growing construction markets have revamped sales of sprinklers, spurring revenue growth for industry operators. Legislation in various states mandating automatic fire sprinkler installation in new buildings has also boosted industry growth. Looking forward, the industry is expected to continue growing in light of accelerating construction, particularly nonresidential, and stringent fire safety regulation. Nonetheless, operators will continue to face competition from cost-effective manufacturers in China, Japan and Germany, who are vying to fulfill both domestic and international demand for fire sprinkler systems.
This industry manufactures fire-protection systems that use automatic sprinklers. These systems typically consist of a network of pipes connected to a building’s water supply. Industry products include devices that detect fire and automatically release water to combat the flames. The industry does not include revenue generated from the actual installation and maintenance of sprinkler systems in buildings.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.