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Global Fire Sprinkler Systems Market 2017-2021

Global Fire Sprinkler Systems Market 2017-2021

About Fire Sprinkler Systems

A fire sprinkler system is an effective tool to combat fire in buildings, be it a commercial, industrial, or residential setting as well as in the transportation sector. In case of a fire, these systems are quickly activated to reduce heat, flames, and smoke, thereby saving human lives and preventing injuries as well as loss of property. Fire sprinkler systems are categorized into wet pipe systems, dry pipe systems, deluge systems, and pre-action systems.

Technavio’s analysts forecast the global fire sprinkler systems market to grow at a CAGR of 7.62% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global fire sprinkler systems market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Fire Sprinkler Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Hochiki
  • Minimax
  • NAFFCO
  • Tyco Fire Products
Other prominent vendors
  • Cosco Fire Protection
  • Globe Fire Sprinkler
  • HD Fire Protect
  • Reliable Automatic Sprinkler
  • Siemens
  • United Technologies
  • Victaulic
  • Viking
Market driver
  • Decline in insurance expenditure
  • For a full, detailed list, view our report
Market challenge
  • High cost of retrofit and replacement of fire protection systems in existing buildings
  • For a full, detailed list, view our report
Market trend
  • Automation of fire safety systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Fire Sprinkler Systems Market 2017-2021

Technavio recognizes the following companies as the key players in the global fire sprinkler systems market: Hochiki, Minimax, NAFFCO, and Tyco Fire Products.

Other Prominent Vendors in the market are: Cosco Fire Protection, Globe Fire Sprinkler, HD Fire Protect, Reliable Automatic Sprinkler, Siemens, United Technologies, Victaulic, and Viking.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is automation of fire safety systems. A recent trend in fire safety systems is the incorporation of fire safety alarms with building automation systems that provide a better response during fire accidents. During a fire, the lift doors in a building are generally closed and the power system is shut down to prevent the fire from spreading. Furthermore, automatic alarms and water sprayers are activated.”

According to the report, one driver in the market is decline in insurance expenditure. NFPA's Fire Sprinkler Initiative has created one succinct resource that provides valuable information on insurance discounts for sprinklers. Fire sprinkler systems actively pay for themselves through lower insurance premiums. There is always a debate between the installation of a fireproofing system, which is cost-effective, and the installation of a fire sprinkler system. The insurance industry, unsurprisingly, is a significant backer of sprinkler use. Anything that protects assets and is likely to cause less damage, therefore a smaller claim, is likely to be popular. The installation of sprinklers will directly lead to a reduced premium somewhere in the order of 50%.

Further, the report states that one challenge in the market is high cost of retrofit and replacement of fire protection systems in existing buildings. One of the major challenges to the fire sprinkler systems market includes the high cost of retrofit and replacement of fire protection systems in existing buildings. Existing buildings can be fully protected by the installation and upgradation of fire protection systems, including fire sprinkler systems. Building retrofits are designed as per specific requirements and needs of clients. Retrofitting or upgrading fire protection systems of an existing facility is not uncommon owing to the rise in safety awareness and code regulations governing commercial and industrial fire safety standards.

Companies Mentioned

Hochiki, Minimax, NAFFCO, Tyco Fire Products, Cosco Fire Protection, Globe Fire Sprinkler, HD Fire Protect, Reliable Automatic Sprinkler, Siemens, United Technologies, Victaulic, and Viking.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Market outline
      • Table Temperature rating for glass bulb heads
      • Table Types of sprinklers based on response time indicator
      • Table Fire sprinkler system spacing requirement based on NFPA
      • Table Global fire sprinkler systems market based on product
      • Table Global fire sprinkler systems market based on end-user
      • Table Global fire sprinkler systems market by geography
  • Market landscape
    • Market ecosystem
      • Table Global fire suppression systems market
      • Table Global fire sprinkler systems market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - inclusions and exclusions checklist
    • Market sizing 2016
      • Table Market size 2016
      • Table Validation techniques employed for market sizing 2016
    • Market size and forecast 2016-2021
      • Table Global - market size and forecast 2016-2021 ($ millions)
      • Table Global - year-over-year growth 2017-2021 (%)
  • Five forces analysis
    • Table Five forces analysis 2016
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces
  • Market segmentation by product
    • Segmentation by product
      • Table Product - market share 2016-2021 (%)
    • Comparison by product
      • Table Comparison by product
    • Wet pipe fire sprinkler systems segment - market size and forecast 2016-2021
      • Table Wet pipe fire sprinkler systems segment - market size and forecast 2016-2021 ($ millions)
      • Table Wet pipe fire sprinkler systems segment - year-over-year growth 2017-2021 (%)
      • Table Key advantages and disadvantages of wet pipe fire sprinkler systems
    • Dry pipe fire sprinkler systems segment - market size and forecast 2016-2021
      • Table Dry pipe fire sprinkler systems segment - market size and forecast 2016-2021 ($ millions)
      • Table Dry pipe fire sprinkler systems segment - year-over-year growth 2017-2021 (%)
      • Table Key advantages and disadvantages of dry pipe fire sprinkler systems
    • Deluge fire sprinkler systems segment - market size and forecast 2016-2021
      • Table Deluge fire sprinkler systems segment - market size and forecast 2016-2021 ($ millions)
      • Table Deluge fire sprinkler systems segment - year-over-year growth 2017-2021 (%)
      • Table Key advantages and disadvantages of deluge fire sprinkler systems
    • Pre-action fire sprinkler systems segment - market size and forecast 2016-2021
      • Table Pre-action fire sprinkler systems segment - market size and forecast 2016-2021 ($ millions)
      • Table Pre-action fire sprinkler systems segment - year-over-year growth 2017-2021 (%)
      • Table Key advantages and disadvantages of pre-action fire sprinkler systems
    • Market opportunity by product
      • Table Market opportunity by product
  • Market segmentation by end-user
    • Segmentation by end-user
      • Table End-user - market share 2016-2021 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • Commercial - market size and forecast 2016-2021
      • Table Commercial - market size and forecast 2016-2021 ($ millions)
      • Table Commercial - year-over-year growth 2017-2021 (%)
    • Industrial - market size and forecast 2016-2021
      • Table Industrial - market size and forecast 2016-2021 ($ millions)
      • Table Industrial - year-over-year growth 2017-2021 (%)
    • Residential - market size and forecast 2016-2021
      • Table Residential - market size and forecast 2016-2021 ($ millions)
      • Table Residential - year-over-year growth 2017-2021 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2016-2021 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - market size and forecast 2016-2021
      • Table Americas - market size and forecast 2016-2021 ($ millions)
      • Table Americas - year-over-year growth 2017-2021 (%)
    • EMEA - market size and forecast 2016-2021
      • Table EMEA - market size and forecast 2016-2021 ($ millions)
      • Table EMEA - year-over-year growth 2017-2021 (%)
    • APAC - market size and forecast 2016-2021
      • Table APAC - market size and forecast 2016-2021 ($ millions)
      • Table APAC - year-over-year growth 2017-2021 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table OSHA standards for fire protection
      • Table OSHA standards for automatic fire sprinkler systems
    • Market challenges
      • Table Cost for installation and upgrading fire protection systems
      • Table Fire suppression types
      • Table Fire sprinkler types
  • Market trends
    • Automation of fire safety systems
    • Augmented use of deluge systems
    • Increase in installation of building automation systems
    • Emergence of fire suppression with HI-FOG technology
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
      • Table Global fire sprinkler systems market: Other prominent vendors
  • Vendor analysis
    • Vendors covered
    • Hochiki
      • Table Hochiki: Products overview
    • Minimax
      • Table Minimax: Product overview
    • NAFFCO
      • Table NAFFCO: Product overview
    • Tyco Fire Products
      • Table Tyco: Products and services
      • Table Tyco Fire Products: Product overview
  • Appendix
    • List of abbreviations
  • Explore Technavio

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