Automatic Fire Sprinkler System Manufacturing in the US - Industry Market Research Report
Description
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.
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
43 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
Search Inside Report
Pricing
Currency Rates
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