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Global Fire Sprinkler Market (2023-2028) by Types, Component, Application, Geography, Competitive Analysis, and Impact of Covid-19, Ansoff Analysis

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  • 176 Pages
  • February 2024
  • Region: Global
  • Infogence Global Research
  • ID: 5601477
The Global Fire Sprinkler Market is estimated to be USD 12.21 Bn in 2023 and is expected to reach USD 18.75 Bn by 2028 growing at a CAGR of 8.95%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the Global Fire Sprinkler Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.

As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

  • The Global Fire Sprinkler Market is segmented based on Types, Component, Applicationand Geography.
  • By Types, the market is classified into Products and Services.
  • By Component, the market is classified into Stop Valve, Alarm Valve, Fire Sprinkler Head, Alarm Test Valve, and Motorized Alarm Bell.
  • By Application, the market is classified into Commercial Applications, Residential Applications, and Industrial Applications.
  • By Geography, the market is classified into Americas, Europe, Middle-East & Africa and Asia-Pacific.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are APi Group, Bosch, Brothers Fire and Security, GW Sprinkler, Hochiki, Honeywell, Raytheon Technologies, Reliance Fire and Safety, Safex Fire, SAFPRO FIRE SERVICES, Siemens, SIRON Fire Protection, Telgian, The Hiller Companies, Viking Group, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Ansoff Analysis

  • The report presents a detailed Ansoff matrix analysis for the Global Fire Sprinkler Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
  • The publisher analyses the Global Fire Sprinkler Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
  • Based on the SWOT analysis conducted on the industry and industry players, the publisher has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Fire Sprinkler Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the Proprietary competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Growth in Awareness Regarding Safety From Fire.Strict Regulations Regarding Installation Of Fire Sprinkler Systems
4.1.2 Surge In Residential & Non-Residential Construction Activities
4.2 Restraints
4.2.1 High Initial Costs and Lack of Skilled Manpower Lack of Integrity In System Interfaces
4.3 Opportunities
4.3.1 Technological Advancements in Fire Suppression to Ensure Safety & Security
4.3.2 Increasing Utilization of Fire Equipment in Smart Building and Cities
4.3.3 Increasing Global Awareness Regarding the Benefits of Installing Fire Sprinklers
4.4 Challenges
4.4.1 Design and Maintenance of Fire Sprinklers
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Fire Sprinkler Market, By Types
6.1 Introduction
6.2 Products
6.3 Wet Sprinkler System
6.4 Dry Sprinkler System
6.5 Pre-Action Sprinkler System
6.6 Deluge Sprinkler System
6.7 Others
6.8 Services
6.9 Engineering Services
6.10 Installation and Design
6.11 Maintenance Services
6.12 Inspection and Managed Services
6.13 Other Services
7 Global Fire Sprinkler Market, By Component
7.1 Introduction
7.2 Stop Valve
7.3 Alarm Valve
7.4 Fire Sprinkler Head
7.5 Alarm Test Valve
7.6 Motorized Alarm Bell
8 Global Fire Sprinkler Market, By Application
8.1 Introduction
8.2 Commercial Applications
8.2.1 Academia and Institutional
8.2.2 Consumer Goods and Retail
8.2.3 Healthcare
8.2.4 Hospitality
8.2.5 Banking, Financial Services, and Insurance (BFSI)
8.3 Residential Applications
8.4 Industrial Applications
8.4.1 Energy and Power
8.4.2 Manufacturing
8.4.3 Oil and Gas
8.4.4 Mining
8.4.5 Transportation and Logistics
8.4.6 Other Applications
9 Americas’ Fire Sprinkler Market
9.1 Introduction
9.2 Argentina
9.3 Brazil
9.4 Canada
9.5 Chile
9.6 Colombia
9.7 Mexico
9.8 Peru
9.9 United States
9.10 Rest of Americas
10 Europe’s Fire Sprinkler Market
10.1 Introduction
10.2 Austria
10.3 Belgium
10.4 Denmark
10.5 Finland
10.6 France
10.7 Germany
10.8 Italy
10.9 Netherlands
10.10 Norway
10.11 Poland
10.12 Russia
10.13 Spain
10.14 Sweden
10.15 Switzerland
10.16 United Kingdom
10.17 Rest of Europe
11 Middle East and Africa’s Fire Sprinkler Market
11.1 Introduction
11.2 Egypt
11.3 Israel
11.4 Qatar
11.5 Saudi Arabia
11.6 South Africa
11.7 United Arab Emirates
11.8 Rest of MEA
12 APAC’s Fire Sprinkler Market
12.1 Introduction
12.2 Australia
12.3 Bangladesh
12.4 China
12.5 India
12.6 Indonesia
12.7 Japan
12.8 Malaysia
12.9 Philippines
12.10 Singapore
12.11 South Korea
12.12 Sri Lanka
12.13 Thailand
12.14 Taiwan
12.15 Rest of Asia-Pacific
13 Competitive Landscape
13.1 Competitive Quadrant
13.2 Market Share Analysis
13.3 Strategic Initiatives
13.3.1 M&A and Investments
13.3.2 Partnerships and Collaborations
13.3.3 Product Developments and Improvements
14 Company Profiles
14.1 APi Group
14.2 Bosch
14.3 Brothers Fire and Security
14.4 GW Sprinkler
14.5 Hochiki
14.6 Honeywell
14.7 ICG
14.8 J2 Acquisition
14.9 Johnson Controls
14.12 Raytheon Technologies
14.13 Reliance Fire and Safety
14.14 Safex Fire
14.16 Siemens
14.17 SIRON Fire Protection
14.18 Telgian
14.19 The Hiller Companies
14.20 Viking Group
15 Appendix
15.1 Questionnaire

Companies Mentioned

  • APi Group
  • Bosch
  • Brothers Fire and Security
  • GW Sprinkler
  • Hochiki
  • Honeywell
  • ICG
  • J2 Acquisition
  • Johnson Controls
  • Raytheon Technologies
  • Reliance Fire and Safety
  • Safex Fire
  • Siemens
  • SIRON Fire Protection
  • Telgian
  • The Hiller Companies
  • Viking Group

Table Information