Authored By: Sarah
28 Dec 2021

Fire Sprinkler Systems Market Growth Analysis | Decline in insurance expenditure to drive growth

Trends, Drivers and Vendor Forecasts for 2021-2025

The {{market_name.lower}} and it is expected to grow by $ 5.72 bn, accelerating at a CAGR of almost 14% during the forecast period. The market is fragmented. This research report provides insights into the top market players and their product portfolio along with pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in this intensely competitive market, players must distinguish their product and service offerings through a clear and unique value proposition. AI Fire LLC, Cox Fire Protection Inc., Fields Fire Protection Inc., Minimax GmbH and Co. KG, NAFFCO FZCO, Pryor Automatic Fire Sprinkler Inc., The Reliable Automatic Sprinkler Co. Inc., and Victaulic Co. are some of the major market participants.


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Fire Sprinkler Systems Market: Market Segments and Key Trends

The Fire sprinkler systems market is segmented by Product (Deluge fire sprinkler systems, Wet pipe fire sprinkler systems, Pre-action fire sprinkler systems, and Dry pipe fire sprinkler systems), End-user (Commercial, Industrial, and Residential), and Geography (APAC, North America, Europe, MEA, and South America). APAC led the market with 54% of the market growth set to originate from this region during the forecast period. High cost of retrofit and replacement of fire protection systems in existing buildings is one of the challenges that will need to be overcome to drive growth. This research report provides a detailed analysis of all the segments, key trends, and challenges that are likely to influence growth.

Fire Sprinkler Systems Market: Top Drivers to Boost Demand

The Decline in insurance expenditure is one of the primary factors driving the growth of the fire sprinkler systems market. The report provides a detailed study of all the factors that are likely to boost the market. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For additional insights on this market: Download FREE Sample Report

Fire Sprinkler Systems Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Key Focus Areas in Our Reports:

  • Fire Sprinkler Systems Market Split by Product
    • Deluge fire sprinkler systems
    • Wet pipe fire sprinkler systems
    • Pre-action fire sprinkler systems
    • Dry pipe fire sprinkler systems
  • Fire Sprinkler Systems Market Split by End-user
    • Commercial
    • Industrial
    • Residential
  • Fire Sprinkler Systems Market Split by Geography
    • APAC
    • North America
    • Europe
    • MEA
    • South America

Customer landscape

  • Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2020-2025
  • MEA - Market size and forecast 2020-2025
  • Europe - Market size and forecast 2020-2025
  • North America - Market size and forecast 2020-2025
  • South America - Market size and forecast 2020-2025
  • Key leading countries
  • Market opportunity by geography
  • Market drivers
  • Market challenges
  • Market trends

Vendor Landscape

  • Competitive scenario
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • AI Fire LLC
  • Cox Fire Protection Inc.
  • Fields Fire Protection Inc.
  • Minimax GmbH and Co. KG
  • NAFFCO FZCO
  • Pryor Automatic Fire Sprinkler Inc.
  • The Reliable Automatic Sprinkler Co. Inc.
  • Victaulic Co.

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market will accelerate at a CAGR of almost 14%.

     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 5.72 bn through 2021-2025.

     
  3. What is a key factor driving this market?
    Decline in insurance expenditure will drive market growth over the forecast period.

     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.

     
  5. Which is the leading geographic region for this market:
    54% growth will originate from APAC

     
  6. Who are the leading market vendors?
    The leading vendors in this market are AI Fire LLC, Cox Fire Protection Inc., Fields Fire Protection Inc., Minimax GmbH and Co. KG, NAFFCO FZCO, Pryor Automatic Fire Sprinkler Inc., The Reliable Automatic Sprinkler Co. Inc., and Victaulic Co.

     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Deluge fire sprinkler systems, Wet pipe fire sprinkler systems, Pre-action fire sprinkler systems, and Dry pipe fire sprinkler systems), End-user (Commercial, Industrial, and Residential), and Geography (APAC, North America, Europe, MEA, and South America)

Fire Sprinkler Systems: Discover Key Drivers that will Boost Growth

Synopsis of Growth Drivers with Market Forecast 2021-2025

The Global Fire Sprinkler Systems Market is projected to grow by $ 5.72 bn, accelerating at a CAGR of 13.71% till 2025. This research report delineates the growth drivers that will boost market growth along with a detailed analysis of the market segments, trends and challenges that are likely to impact market growth.


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Fire Sprinkler Systems Market: Top Drivers for Growth

One of the key factors that will drive growth is Decline in insurance expenditure. This research report provides a comprehensive analysis of this and all the other factors that will boost growth during the forecast period. In addition to market drivers, our research report also studies the latest trends and challenges that are likely to influence growth in the current market scenario. Our analysis is designed to empower clients with actionable insights that will help them leverage growth opportunities and formulate winning strategies to drive their business further.

Fire Sprinkler Systems Market Growth Analysis | Trends, Drivers and Vendor Forecasts for 2021-2025

Fire Sprinkler Systems Market: Segments and Geographical Regions

This report provides a detailed analysis of the market by Product (Deluge fire sprinkler systems, Wet pipe fire sprinkler systems, Pre-action fire sprinkler systems, and Dry pipe fire sprinkler systems), End-user (Commercial, Industrial, and Residential), and Geography (APAC, North America, Europe, MEA, and South America). This research report will provide insights into the current market share of each segment along with growth projections for the next five years. In addition, the report also offers a detailed impact analysis of various trends, drivers, and challenges on each market segment along with insights into the way forward. These insights will equip clients with information that will help them design a growth strategy for their business and area of operation. Request our Free Sample Report 

Fire Sprinkler Systems Market: AI Fire LLC, Cox Fire Protection Inc., Fields Fire Protection Inc., Minimax GmbH and Co. KG, NAFFCO FZCO, Pryor Automatic Fire Sprinkler Inc., The Reliable Automatic Sprinkler Co. Inc., and Victaulic Co. are some of the leading competitors

The market is fragmented, and the growth of the players depends on several factors such as market conditions, government support, and industry development. Marke players must distinguish their product and service offerings through a clear and unique value proposition to prosper in this competitive market.  AI Fire LLC, Cox Fire Protection Inc., Fields Fire Protection Inc., Minimax GmbH and Co. KG, NAFFCO FZCO, Pryor Automatic Fire Sprinkler Inc., The Reliable Automatic Sprinkler Co. Inc., and Victaulic Co. are some of the major market participants. The report offers a detailed analysis of each of the above-listed vendors and their product portfolio.

Technavio also offers custom research reports with detailed insights assessing the market from a global as well as regional perspective. This customized report will help clients keep up with new product launches in direct & indirect or related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

For more insights on this market: Download a Free Sample Report

The report provides insights into the following FAQs:

  1. What is the market CAGR?
    The market is accelerate at a CAGR of 13.71%.
     
  2. What is the incremental growth of the market?
    The market is expected to grow by $ 5.72 bn through 2021-2025.
     
  3. What is a key factor driving this market?
    Decline in insurance expenditure will drive market growth over the forecast period.
     
  4. What are the key regions covered in this market research report?
    APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
     
  5. Which is the leading geographic region for this market:
    54% growth will originate from APAC
     
  6. Who are the leading market vendors?
    The leading vendors in this market are AI Fire LLC, Cox Fire Protection Inc., Fields Fire Protection Inc., Minimax GmbH and Co. KG, NAFFCO FZCO, Pryor Automatic Fire Sprinkler Inc., The Reliable Automatic Sprinkler Co. Inc., and Victaulic Co.
     
  7. What are the market segments covered in this report?
    The market is segmented by Product (Deluge fire sprinkler systems, Wet pipe fire sprinkler systems, Pre-action fire sprinkler systems, and Dry pipe fire sprinkler systems), End-user (Commercial, Industrial, and Residential), and Geography (APAC, North America, Europe, MEA, and South America)
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