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Fire Sprinkler Market by Type, Component, Technology, and Application: Global Opportunity Analysis and Industry Forecast, 2020-2027

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    Report

  • 235 Pages
  • November 2020
  • Region: Global
  • Allied Market Research
  • ID: 5237532
Description Jump to:

The global fire sprinkler market was valued at $10,200.0 million in 2019, and is projected to reach $14,525.5 million by 2027, registering a CAGR of 6.5% from 2020 to 2027. Fire sprinklers come under the category of fire suppression systems. They help reduce greenhouse gas emissions from buildings during fire incidents. It also reduces the amount of water required for fire suppression as compared to traditional fire suppression devices as fire sprinklers are capable of detecting and controlling the spread of fire with minimal use of water. Fire sprinklers have become an essential part of fire safety infrastructure in residential and non-residential buildings. Fire sprinklers are extensively used in industries such as oil & gas, telecommunication, mining, energy & power, and data centres, where loss due to fire hazards is very high.

Rise in residential and non-residential construction activities, owing to rapid urbanization and surge in population in developing and developed countries such as China, India, Russia, Germany, the UK, the U.S., and Canada boost the market growth. For instance, in October 2020, Federal Statistical Office in Germany released data about the construction industry of Germany. According to this data, the construction industry in Germany has registered an increase of 3.4% in August 2020 compared to July 2020.

This surge in residential and non-residential construction activities is expected to result in the need for the safety of human life and its surroundings from fire hazards, which is expected to propel the growth of the fire sprinkler market during the forecast period. In addition, governments of different countries are implementing strict fire regulations to ensure safety and reduce casualty that arises from fire hazards.

For instance, in India fire sprinklers are compulsory for industrial buildings, commercial spaces, hospitals, hotels, and educational institutes as per part 4 of NBC (National Building Code). Further, a rise in awareness related to fire hazards is also expected to fuel the growth of the fire sprinkler market during the forecast period.

High installation cost, owing to the complex assembly of fire sprinklers is expected to hamper the market growth. In addition, raw materials used to manufacture fire sprinkler systems such as steel, aluminium, glass, and plastic are very sensitive to forces of demand and supply in the commodities market, which affects the profit margin of manufacturers. These factors are expected to restrain the growth of the fire sprinkler market during the forecast period. In addition, the design, installation, and maintenance of fire sprinkler systems require trained technicians and fire-safety specialists. Hence, the lack of skilled manpower is expected to hinder the growth of the fire sprinkler market during the forecast period.

Technological advancements in the fire safety industry such as smart heat sensors and IoT (Internet of Things) are anticipated to offer lucrative growth opportunities for new entrants in the market, which is expected to propel the growth of the fire sprinkler market during the forecast period.

The global fire sprinkler market is classified into type, component, technology, application, and region. Depending on the type, the market is segmented into products and services. The product segment is further classified into wet sprinkler systems, dry sprinkler systems, pre action sprinkler systems, and deluge sprinkler systems. The services segment is bifurcated into engineering services, installation & design, maintenance services, and inspection & managed services. By component, the market is bifurcated into a stop valve, alarm valve, fire sprinkler head, alarm test valve, and motorized alarm bell. By technology, it is bifurcated into active fire protection and passive fire protection. By application, it is divided into residential, commercial, and industrial.

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. North America is expected to dominate the global market in 2019, owing to growth in technical advancements in fire protection systems and an increase in infrastructure investments.

COMPETITION ANALYSIS

Key companies profiled in the report for the fire sprinkler market include AG Fire Sprinkler, American Fire Technologies, APi Group, GW Sprinkler A/S, Honeywell International Inc., Johnson Controls International Plc, Minimax GmbH & Co. KG, Robert Bosch GmbH, Siemens AG, and SIRON Fire Protection.

KEY BENEFITS FOR STAKEHOLDERS


  • In-depth fire sprinkler market analysis is conducted by constructing market estimations for the key market segments between 2020 and 2027.
  • Extensive analysis is conducted by following key product positioning and monitoring of the top competitors within the market framework.
  • A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.
  • The global fire sprinkler market forecast analysis from 2020 to 2027 is included in the report.
  • The key players within the fire sprinkler market are profiled in this report and their strategies are analyzed thoroughly, which helps to understand the competitive outlook of the fire sprinkler industry.

GLOBAL FIRE SPRINKLER MARKET SEGMENTS

By TYPE


  • Products
  • Services

By COMPONENT


  • Stop Valve
  • Alarm Valve
  • Fire Sprinkler Head
  • Alarm Test Valve
  • Motorized Alarm Bell

By TECHNOLOGY


  • Active Fire Protection
  • Passive Fire Protection

By APPLICATION


  • Residential
  • Commercial
  • Industrial

By REGION


  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Sweden
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • China
  • India
  • Japan
  • Rest of Asia-Pacific
  • LAMEA
  • Latin America
  • Middle East
  • Africa

KEY PLAYERS

AG Fire Sprinkler


  • American Fire Technologies
  • APi Group
  • GW Sprinkler A/S
  • Honeywell International Inc.
  • Johnson Controls International Plc
  • Minimax GmbH & Co. KG
  • Robert Bosch GmbH
  • Siemens AG
  • SIRON Fire Protection

 


Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Primary Research
1.4.2. Secondary Research
1.4.3. Analyst Tools and Models
Chapter 2: Executive Summary
2.1. Key Findings of the Study
2.2. CXO Perspective
Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets by Type
3.2.2. Top Investment Pockets by Component
3.2.3. Top Investment Pockets by Technology
3.2.4. Top Investment Pockets by Application
3.2.5. Top Investment Pockets by Region
3.2.6. Top Winning Strategies
3.2.7. Market Player Positioning, 2019
3.3. Porter's Five Forces Analysis
3.3.1. Low-To-Moderate Bargaining Power of Suppliers
3.3.2. Low-To-Moderate Bargaining Power of Buyers
3.3.3. Low-To-Moderate Threat of Substitutes
3.3.4. Low-To-Moderate Intensity of Rivalry
3.3.5. Moderate-To-High Threat of Substitution
3.4. Value Chain Analysis
3.5. Market Dynamics
3.5.1. Drivers
3.5.1.1. Surge in Residential & Non-Residential Construction Activities
3.5.1.2. Growth in Awareness Regarding Safety from Fire
3.5.1.3. Strict Regulations Regarding Installation of Fire Sprinkler Systems
3.5.1.4. Growth in Human and Property Loss from Fire Breakouts
3.5.2. Restraints
3.5.2.1. Fluctuation in Raw Material Prices
3.5.2.2. High Initial Costs and Lack of Skilled Manpower
3.5.3. Opportunities
3.5.3.1. Technological Advancements in Fire Suppression to Ensure Safety & Security
3.5.3.2. Government Investments in the Building Infrastructure Sector
3.6. Impact of Key Regulation
3.7. Covid-19 Impact Analysis
Chapter 4: Fire Sprinkler Market, by Type
4.1. Overview
4.1.1. Market Size and Forecast, by Type
4.2. Products
4.2.1. Key Market Trends, Growth Factors and Opportunities
4.2.2. Market Size and Forecast, by Region
4.2.3. Market Analysis, by Country
4.2.3.1. Wet Sprinkler System
4.2.3.2. Dry Sprinkler System
4.2.3.3. Pre-Action Sprinkler System
4.2.3.4. Deluge Sprinkler System
4.2.3.4.1. Market Size and Forecast
4.3. Services
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast, by Region
4.3.3. Market Analysis, by Country
4.3.3.1. Engineering Services
4.3.3.2. Installation & Design
4.3.3.3. Maintenance Services
4.3.3.4. Inspection & Managed Services
Chapter 5: Fire Sprinkler Market, by Component
5.1. Overview
5.1.1. Market Size and Forecast, by Component
5.2. Stop Valve
5.2.1. Key Market Trends, Growth Factors, and Opportunities
5.2.2. Market Size and Forecast, by Region
5.2.3. Market Analysis, by Country
5.3. Alarm Valve
5.3.1. Key Market Trends, Growth Factors, and Opportunities
5.3.2. Market Size and Forecast, by Region
5.3.3. Market Analysis, by Country
5.4. Fire Sprinkler Head
5.4.1. Key Market Trends, Growth Factors, and Opportunities
5.4.2. Market Size and Forecast, by Region
5.4.3. Market Analysis, by Country
5.5. Alarm Test Valve
5.5.1. Key Market Trends, Growth Factors, and Opportunities
5.5.2. Market Size and Forecast, by Region
5.5.3. Market Analysis, by Country
5.6. Motorized Alarm Bell
5.6.1. Key Market Trends, Growth Factors, and Opportunities
5.6.2. Market Size and Forecast, by Region
5.6.3. Market Analysis, by Country
Chapter 6: Global Fire Sprinkler Market, by Technology
6.1. Overview
6.1.1. Market Size and Forecast, by Technology
6.2. Active Fire Protection
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast, by Region
6.2.3. Market Analysis by Country
6.3. Passive Fire Protection
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast, by Region
6.3.3. Market Analysis by Country
Chapter 7: Fire Sprinkler Market, by Application
7.1. Overview
7.1.1. Market Size and Forecast, by Application
7.2. Residential
7.2.1. Key Market Trends, Growth Factors, and Opportunities
7.2.2. Market Size and Forecast, by Region
7.2.3. Market Analysis by Country
7.3. Commercial
7.3.1. Key Market Trends, Growth Factors, and Opportunities
7.3.2. Market Size and Forecast, by Region
7.3.3. Market Analysis by Country
7.3.3.1. Academia and Institutional
7.3.3.2. Consumer Goods and Retail
7.3.3.3. Healthcare
7.3.3.4. Hospitality
7.3.3.5. Bfsi
7.3.3.6. Others
7.3.3.6.1. Market Size and Forecast
7.4. Industrial
7.4.1. Key Market Trends, Growth Factors, and Opportunities
7.4.2. Market Size and Forecast, by Region
7.4.3. Market Analysis by Country
7.4.3.1. Energy and Power
7.4.3.2. Manufacturing
7.4.3.3. Oil and Gas
7.4.3.4. Mining
7.4.3.5. Transportation and Logistics
7.4.3.6. Others
7.4.3.6.1. Market Size and Forecast
Chapter 8: Fire Sprinkler Market, by Region
8.1. Overview
8.1.1. Market Size and Forecast, by Region
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. Market Size and Forecast, by Type
8.2.3. North America Market Size and Forecast, by Component
8.2.4. North America Market Size and Forecast, by Technology
8.2.5. Market Size and Forecast, by Application
8.2.6. Market Analysis by Country
8.2.6.1. U.S.
8.2.6.1.1. U.S. Market Size and Forecast, by Type
8.2.6.1.2. U.S. Market Size and Forecast, by Component
8.2.6.1.3. U.S. Market Size and Forecast, by Technology
8.2.6.1.4. Market Size and Forecast, by Application
8.2.6.2. Canada
8.2.6.2.1. Canada Market Size and Forecast, by Type
8.2.6.2.2. Canada Market Size and Forecast, by Technology
8.2.6.2.3. Canada Market Size and Forecast, by Component
8.2.6.2.4. Canada Market Size and Forecast, by Application
8.2.6.3. Mexico
8.2.6.3.1. Mexico Market Size and Forecast, by Type
8.2.6.3.2. Mexico Market Size and Forecast, by Component
8.2.6.3.3. Mexico Market Size and Forecast, by Technology
8.2.6.3.4. Mexico Market Size and Forecast, by Application
8.3. Europe
8.3.1. Key Market Trends, Growth Factors and Opportunities
8.3.2. Market Size and Forecast, by Type
8.3.3. Europe Market Size and Forecast, by Component
8.3.4. Europe Market Size and Forecast, by Technology
8.3.5. Europe Market Size and Forecast, by Application
8.3.6. Europe Market Size and Forecast, by Country
8.3.6.1. Germany
8.3.6.1.1. Germany Market Size and Forecast, by Type
8.3.6.1.2. Germany Market Size and Forecast, by Component
8.3.6.1.3. Germany Market Size and Forecast, by Technology
8.3.6.1.4. Germany Market Size and Forecast, by Application
8.3.6.2. France
8.3.6.2.1. France Market Size and Forecast, by Type
8.3.6.2.2. France Market Size and Forecast, by Component
8.3.6.2.3. France Market Size and Forecast, by Technology
8.3.6.2.4. France Market Size and Forecast, by Application
8.3.6.3. UK
8.3.6.3.1. UK Market Size and Forecast, by Type
8.3.6.3.2. UK Market Size and Forecast, by Component
8.3.6.3.3. UK Market Size and Forecast, by Technology
8.3.6.3.4. Market Size and Forecast, by Application
8.3.6.4. Italy
8.3.6.4.1. Italy Market Size and Forecast, by Type
8.3.6.4.2. Italy Market Size and Forecast, by Component
8.3.6.4.3. Italy Market Size and Forecast, by Technology
8.3.6.4.4. Market Size and Forecast, by Application
8.3.6.5. Spain
8.3.6.5.1. Spain Market Size and Forecast, by Type
8.3.6.5.2. Spain Market Size and Forecast, by Component
8.3.6.5.3. Spain Market Size and Forecast, by Technology
8.3.6.5.4. Spain Market Size and Forecast, by Application
8.3.6.6. Sweden
8.3.6.6.1. Sweden Market Size and Forecast, by Type
8.3.6.6.2. Sweden Market Size and Forecast, by Component
8.3.6.6.3. Sweden Market Size and Forecast, by Technology
8.3.6.6.4. Sweden Market Size and Forecast, by Application
8.3.6.7. Russia
8.3.6.7.1. Russia Market Size and Forecast, by Type
8.3.6.7.2. Russia Market Size and Forecast, by Component
8.3.6.7.3. Russia Market Size and Forecast, by Technology
8.3.6.7.4. Russia Market Size and Forecast, by Application
8.3.6.8. Rest of Europe
8.3.6.8.1. Rest of Europe Market Size and Forecast, by Type
8.3.6.8.2. Rest of Europe Market Size and Forecast, by Component
8.3.6.8.3. Rest of Europe Market Size and Forecast, by Technology
8.3.6.8.4. Rest of Europe Market Size and Forecast, by Application
8.4. Asia-Pacific
8.4.1. Key Market Trends, Growth Factors and Opportunities
8.4.2. Market Size and Forecast, by Type
8.4.3. Asia-Pacific Market Size and Forecast, by Component
8.4.4. Asia-Pacific Market Size and Forecast, by Technology
8.4.5. Market Size and Forecast, by Application
8.4.6. Market Size and Forecast, by Country
8.4.6.1. China
8.4.6.1.1. China Market Size and Forecast, by Type
8.4.6.1.2. China Market Size and Forecast, by Component
8.4.6.1.3. China Market Size and Forecast, by Technology
8.4.6.1.4. China Market Size and Forecast, by Application
8.4.6.2. India
8.4.6.2.1. India Market Size and Forecast, by Type
8.4.6.2.2. India Market Size and Forecast, by Component
8.4.6.2.3. India Market Size and Forecast, by Technology
8.4.6.2.4. India Market Size and Forecast, by Application
8.4.6.3. Japan
8.4.6.3.1. Japan Market Size and Forecast, by Type
8.4.6.3.2. Japan Market Size and Forecast, by Component
8.4.6.3.3. Japan Market Size and Forecast, by Technology
8.4.6.3.4. Japan Market Size and Forecast, by Application
8.4.6.4. Rest of Asia-Pacific
8.4.6.4.1. Rest of Asia-Pacific Market Size and Forecast, by Type
8.4.6.4.2. Rest of Asia-Pacific Market Size and Forecast, by Component
8.4.6.4.3. Rest of Asia-Pacific Market Size and Forecast, by Technology
8.4.6.4.4. Rest of Asia-Pacific Market Size and Forecast, by Application
8.5. LAMEA
8.5.1. Key Market Trends, Growth Factors and Opportunities
8.5.2. Market Size and Forecast, by Type
8.5.3. LAMEA Market Size and Forecast, by Component
8.5.4. LAMEA Market Size and Forecast, by Technology
8.5.5. Market Size and Forecast, by Application
8.5.6. Market Size and Forecast, by Country
8.5.6.1. Latin America
8.5.6.1.1. Latin America Market Size and Forecast, by Type
8.5.6.1.2. Latin America Market Size and Forecast, by Component
8.5.6.1.3. Latin America Market Size and Forecast, by Technology
8.5.6.1.4. Latin America Market Size and Forecast, by Application
8.5.6.2. Middle East
8.5.6.2.1. Middle East Market Size and Forecast, by Type
8.5.6.2.2. Middle East Market Size and Forecast, by Component
8.5.6.2.3. Middle East Market Size and Forecast, by Technology
8.5.6.2.4. Middle East Market Size and Forecast, by Application
8.5.6.3. Africa
8.5.6.3.1. Africa Market Size and Forecast, by Type
8.5.6.3.2. Africa Market Size and Forecast, by Component
8.5.6.3.3. Africa Market Size and Forecast, by Technology
8.5.6.3.4. Africa Market Size and Forecast, by Application
Chapter 9: Company Profiles
9.1. AG Fire Sprinkler
9.1.1. Company Overview
9.1.2. Key Executive
9.1.3. Company Snapshot
9.1.4. Product Portfolio
9.2. American Fire Technologies
9.2.1. Company Overview
9.2.2. Key Executive
9.2.3. Company Snapshot
9.2.4. Product Portfolio
9.3. Api Group
9.3.1. Company Overview
9.3.2. Key Executive
9.3.3. Company Snapshot
9.3.4. Operating Business Segments
9.3.5. Product Portfolio
9.3.6. Business Performance
9.3.7. Key Strategic Moves and Developments
9.4. Gw Sprinkler A/S
9.4.1. Company Overview
9.4.2. Key Executive
9.4.3. Company Snapshot
9.4.4. Product Portfolio
9.5. Honeywell International Inc
9.5.1. Company Overview
9.5.2. Key Executive
9.5.3. Company Snapshot
9.5.4. Operating Business Segments
9.5.5. Product Portfolio
9.5.6. Research and Development Expenses
9.5.7. Business Performance
9.5.8. Key Strategic Moves and Developments
9.6. Johnson Controls International plc
9.6.1. Company Overview
9.6.2. Key Executive
9.6.3. Company Snapshot
9.6.4. Operating Business Segments
9.6.5. Product Portfolio
9.6.6. Research and Development Expenses
9.6.7. Business Performance
9.6.8. Key Strategic Moves and Developments
9.7. Minimax GmbH & Co. Kg
9.7.1. Company Overview
9.7.2. Key Executive
9.7.3. Company Snapshot
9.7.4. Product Portfolio
9.8. Robert Bosch GmbH
9.8.1. Company Overview
9.8.2. Key Executive
9.8.3. Company Snapshot
9.8.4. Operating Business Segments
9.8.5. Product Portfolio
9.8.6. Research and Development Expenses
9.8.7. Business Performance
9.9. Siemens AG
9.9.1. Company Overview
9.9.2. Key Executive
9.9.3. Company Snapshot
9.9.4. Operating Business Segments
9.9.5. Product Portfolio
9.9.6. Research and Development Expenses
9.9.7. Business Performance
9.10. Siron Fire Protection
9.10.1. Company Overview
9.10.2. Key Executive
9.10.3. Company Snapshot
9.10.4. Product Portfolio

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

  • Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
  • Scientific and technical writings for product information and related preemptions
  • Regional government and statistical databases for macro analysis
  • Authentic news articles and other related releases for market evaluation
  • Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.

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