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Global Fire Sprinklers Market 2016-2020

Global Fire Sprinklers Market 2016-2020

About the Fire Sprinkler Market

With technological advances in the construction industry globally, health safety and environment (HSE) has gained significant importance. HSE is gaining popularity in the industrial, civil, commercial, and residential construction sectors.

Fire safety is one of the key aspects of HSE. With the significant increase in the importance and implementation of HSE operations, acceptance of systems such as fire-safety equipment has increased. As a result, the global fire sprinklers market is gaining traction.

Among the different sectors of construction, the demand for fire sprinklers is comparatively high in the commercial, infrastructure, and industrial construction sectors. Electrical equipment and other flammable components that are used in complex and heat-intensive processes are being dealt with extra care to avoid any untoward instances.

Technavio’s analysts forecast the global fire sprinkler market to grow at a CAGR of 9.17% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global fire sprinkler market for 2016-2020. To calculate the market size, we consider the revenue generated from the sale of new fire sprinkler units across the globe in the forecast period.

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

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Fire Sprinkler Market 2016-2020, 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 Viking
  • Tyco International
  • United Technologies
Other prominent vendors
  • API
  • Automatic Fire Sprinklers
  • Century Fire Sprinklers
  • Cosco Fire Protection
  • DIBOCO Fire Sprinklers
  • Global Fire Sprinklers
  • Prairie Fire Sprinklers
  • REDA Fire & Safety
  • Rollins Fire Sprinklers
  • Wayne Automatic Fire Sprinklers
Market driver
  • Reduces fire-related casualties
  • For a full, detailed list, view our report
Market challenge
  • High installation cost of wet pipe systems
  • For a full, detailed list, view our report
Market trend
  • Use of advanced technologies
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2020 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?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Fire Sprinkler Market 2016-2020

Technavio recognizes the following companies as the key players in the global fire sprinkler market: Hochiki, Minimax Viking, Tyco, and United Technologies.

Other Prominent Vendors in the market are: APi, Cosco Fire Protection, and Siemens.

Commenting on the report, an analyst from Technavio’s team said: “One trend propelling growth in this market is the use of advanced technologies. Vendors focus on manufacturing sprinkler systems with advanced technologies. For instance, water mist technology was being used in the early 1980s in the US. However, high-pressure water mist can be used in museums, hotels, and data centers, apart from industrial buildings.”

According to the report, one driver spurring growth in this market is the cost benefits of sprinkler systems. The domestic sprinkler system is available at a low cost, with a price range similar to that of a domestic smoke alarm. The cost per life saved by a fire sprinkler system is lesser than that of smoke alarms. The sprinkler system and smoke alarm can be effective in reducing the number of expected fire deaths per year.

Further, the report states that the risks associated with the corrosion of sprinkler pipes will hinder market growth during the predicted period. Sprinkler pipes are prone to corrosion, affecting the operation and performance of the system. Uncontrolled corrosion clogs pipe and control valves, leading to reduced water flow from the sprinklers, while discovered corrosion impacts the performance reliability.

Companies Mentioned

Hochiki, Minimax Viking, Tyco International, United Technologies, API, Automatic Fire Sprinklers, Century Fire Sprinklers, Cosco Fire Protection, DIBOCO Fire Sprinklers, Global Fire Sprinklers, Prairie Fire Sprinklers, REDA Fire & Safety, Rollins Fire Sprinklers, Wayne Automatic Fire Sprinklers.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
    • Base year
    • Currency conversion rates
      • Table Currency conversion table
    • Market size calculation
      • Table Market segmentation
    • Vendor segmentation
    • Product segmentation
    • Geographical segmentation
      • Table Major countries covered
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
  • Market landscape
    • Market overview
      • 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
    • Fire statistics
      • Table Average number of fires per year in countries 2010-2014
      • Table Average number of fire deaths per year in countries 2010-2014
      • Table Extent of fire spread in residential buildings 2015
    • Construction market overview
      • Table Global residential construction market 2015-2020 ($ billions)
      • Table Hotels under construction by region 2015
      • Table Investment in global airport construction sector by region 2015 ($ billions)
      • Table Investment in global rail infrastructure construction 2015-2020 ($ billions)
    • Market size and forecast
      • Table Global fire sprinklers market 2015-2020 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product type
    • Table Fire sprinklers by type
    • Table Global fire sprinklers market by product type 2015-2020
    • Table Global fire sprinklers market by product type 2015-2020 ($ billions)
    • Table Global wet pipe fire sprinklers market 2015-2020 ($ billions)
    • Table Key advantages and disadvantages of wet pipe fire sprinkler systems
    • Table Global dry pipe fire sprinklers market 2015-2020 ($ billions)
    • Table Key advantages and disadvantages of dry pipe fire sprinkler systems
    • Table Global deluge fire sprinklers market 2015-2020 ($ millions)
    • Table Key advantages and disadvantages of deluge fire sprinkler systems
    • Table Global pre-action fire sprinklers market 2015-2020 ($ millions)
    • Table Key advantages and disadvantages of pre-action fire sprinkler systems
  • Geographical segmentation
    • Table Global fire sprinklers market by geography 2015-2020
    • Table Global fire sprinklers market by geography 2015-2020 ($ billions)
    • Americas
      • Table Fire sprinklers market in Americas 2015-2020 ($ billions)
      • Table Fire sprinklers market in US versus ROW and rest of Americas 2015
    • EMEA
      • Table Fire sprinklers market in EMEA 2015-2020 ($ billions)
    • APAC
      • Table Fire sprinklers market in APAC 2015-2020 ($ billions)
      • Table Number of fire accidents and deaths in India 2010-2014
      • Table Major causes of fire fatalities in India 2010-2014
      • Table Number of fire fatalities and economic losses in China 2013-2015
  • Market drivers
    • Reduction in fire-related casualties
    • Government support
    • Cost benefits of sprinkler systems
    • Growing environmental concerns due to fire wastes
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Corrosion of sprinkler pipes
    • Technical issues
    • High installation cost of wet pipe systems
    • Need for continuous support and maintenance
    • Need for constant training and awareness programs
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Increase in adoption of water mist suppression systems
    • Emergence of fire suppression with HI-FOG technology
  • Vendor landscape
    • Competitive scenario
    • Key vendors
      • Table Tyco International: Product and service offerings
      • Table Tyco International: Products and services
      • Table United Technologies: Net sales by type
      • Table Key highlights
    • Other prominent vendors
      • Table Other prominent vendors
  • Summary of key figures
    • Table Global fire sprinklers market 2015-2020
    • Table Global fire sprinklers market by type ($ billions)
    • Table Growth rated of global fire sprinklers market by type
    • Table Global fire sprinklers market by geography ($ billions)
    • Table Growth rates of global fire sprinklers market by geography
  • Appendix
    • List of abbreviations
  • Explore Technavio

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