Automatic Fire Sprinklers Market. (Recession Impact Analysis)
Published Date: Mar, 2023 | 164 Pages | Report ID: MRU_292638
Automatic Fire Sprinklers Market Size By Regional Analysis(Europe, Asia Pacific, America, Middle East And Africa), By Demand & COVID-19 Impact Analysis, By Type, By Applications And Forecasts 2023 - 2030 (Recession Impact Analysis)
ID : MRU_
292638 | Date :
Mar, 2023 | Pages :
164 | Region : Global |
Publisher : RI
The market research report is created with a compilation of analytical research based on historic records, current statistics, and future predictions. The report contains details on the leading players operating in the Automatic Fire Sprinklers market including various factors related to and dependent influencing the market growth.
A fire sprinkler or sprinkler head is the component of a fire sprinkler system that discharges water when the effects of a fire have been detected, such as when a predetermined temperature has been exceeded. Automatic fire sprinklers operate at a predetermined temperature, utilizing a fusible element, a portion of which melts, or a frangible glass bulb containing liquid which breaks, allowing the plug in the orifice to be pushed out of the orifice by the water pressure in the fire sprinkler piping, resulting in water flow from the orifice.
The major reason for the growth of the fire sprinkler market is the increasing investment of companies to safeguard the infrastructure and to reduce the loss of life and property in different applications. Moreover, governments are formulating stringent norms for the installation of fire sprinklers in buildings, which is driving the demand for fire sprinkler services in commercial applications. The penetration level of fire sprinklers in the industrial vertical is also expected to witness a rapid growth as high fire risk is associated with various sectors such as manufacturing, oil & gas, mining, and energy & power. Flammable and combustible materials such as petroleum, crude oil, flammable gases (such as butane), coal, and many others are used in these sectors. As these materials are susceptible to fire, fire sprinkler systems are being installed in these sectors to prevent fires.
The Automatic Fire Sprinklers market was valued at 3480 Million US$ in 2020 and is projected to reach 8210 Million US$ by 2030, at a CAGR of 11.3% during the forecast period. In this study, 2023 has been considered as the base year and 2023 to 2030 as the forecast period to estimate the market size for Automatic Fire Sprinklers.
The report is prepared using analytical methods such as SWOT (strengths, weaknesses, opportunities, and threats)) analysis, PESTEL Analysis, Porter\'s Five Force Analysis, and value chain analysis. These methods provide a clear view of the market structure and analyze competition at a global level. They also provide detailed information on each segment in the global Automatic Fire Sprinklers market.
The aim of the report is to interpret the market sizes of various segments and countries for the forecast period. The study includes the qualitative and quantitative analysis of the market. The report analyses the Automatic Fire Sprinklers market on a regional and global level with a deep analysis of macro-and micro-economic factors impacting the growth of the market. This report also includes market information related to the latest industry trends, market developments, and analysis of products and end users contributing to market growth. An in-depth study of the current market scenario, major driving factors, and restraining factors for the market are also included in the report.
The Automatic Fire Sprinklers market report includes information related to market segmentation, market size and revenue forecasts, and regional forecasts along with information about the leading market players operating in the market, company revenue shares and, their recent developments. The market is classified regionally on country-level into North America, Europe, Asia Pacific, the Middle East and Africa, and South America.
Scope of the Automatic Fire Sprinklers Market: The major competitors working in the market are:
, APi Group, Cosco Fire Protection, Tyco International, Adams Fire Protection, Heiser Logistics, Vfp Fire Systems, American Fire Technologies, Viking Group, Kaufman Fire Protection Systems, Grundfos
Market by Order Type
Wet Fire Sprinklers
Dry Fire Sprinklers
Deluge Fire Sprinklers
Preaction Fire Sprinklers
Automatic Fire Sprinklers Data by Application
Residential
Commercial
Oil, Gas and mining
Industrial and Manufacturing
Energy and Power
Transport and Logistics
Automatic Fire Sprinklers Regions Covered in the Report are:
North America
Europe
Asia Pacific
Middle East & Africa
Rest of the World
The information about the Automatic Fire Sprinklers market is obtained from several sources such as company websites, journals, annual reports, which were then assessed and verified by the industry experts. The information is represented in the form of diagrams, charts, pie charts, and infographics, which helps in a better understanding of the market.
Objectives of Automatic Fire Sprinklers Market Report:
To analyze the factors driving the market growth including supply chain analysis, price analysis along with other analytical methods
To provide an in-depth analysis of the Automatic Fire Sprinklers market with information on various segment and sub-segments
To provide a regional analysis and global analysis for the Automatic Fire Sprinklers market size and their forecasts
To provide strategic profiles of the key players operating in the Automatic Fire Sprinklers market, their key competencies, and market competition
To provide a competitive scenario about the key factors driving, restraining, and challenging the market growth.
The impact of COVID-19 pandemic on the Automatic Fire Sprinklers market
Target Audiences for Automatic Fire Sprinklers Market:
Investors
Investment Bankers
Key Consulting Companies and Advisors
Venture Capitalists
Large, Medium-sized, and Small enterprises
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