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Automatic Fire Sprinkler System Manufacturing in the US - Industry Market Research Report

Publisher IBISWorld
Published Sep 15, 2024
Length 83 Pages
SKU # IBSS19342537

Description

Automatic Fire Sprinkler System Manufacturing in the US - Industry Market Research Report


Automatic Fire Sprinkler System Manufacturing in the US

Over the current period, automatic fire sprinkler system manufacturers faced declines. While the outbreak of COVID-19 led to growth in new residential construction, it hammered nonresidential construction because of falling corporate profit levels and economic uncertainty, offsetting growth in the residential construction market. Manufacturers have faced increasing import penetration and slow export growth. Industry-wide revenue has been falling at a CAGR of 2.5% over the past five years and is expected to total $594.2 million in 2023, when revenue will increase by an estimated 1.2%.

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."

Table of Contents

83 Pages
ABOUT THIS INDUSTRY

Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE

Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS & MARKETS

Supply Chain
Products & Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE

Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS

Capital Intensity
Technology & Systems
Revenue Volatility
Regulation & Policy
Industry Assistance

KEY STATISTICS

Industry Data
Annual Change
Key Ratios

JARGON & GLOSSARY

Pricing

Currency Rates
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