Global Fire Sprinkler Systems Market Size study & Forecast, by Component by Product, by End-use and Regional Analysis, 2023-2030

Description

List of Tables

Global Fire Sprinkler Systems Market is valued approximately at USD 8.20 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.3% over the forecast period 2023-2030. Fire sprinkler systems are active fire protection measures designed to suppress or extinguish fire in buildings or structures. These systems consist of a network of pipes, water supply, and sprinkler heads strategically placed throughout a building. The primary purpose of a fire sprinkler system is to control the spread of a fire, allowing occupants to evacuate safely and minimizing property damage. Moreover, growing awareness among individuals, businesses, and governments about the importance of fire safety, growing rapid urbanization and infrastructure development, and growing construction industry that anticipated to create the lucrative demand for the market during forecast period 2023-2030.

Additionally, the construction industry plays a crucial role in supporting the growth of the Fire Sprinkler Systems Market. As new buildings are constructed, fire safety measures become a priority. Building codes and regulations often mandate the installation of fire sprinkler systems in new structures, driving the demand for these systems in residential, commercial, and industrial buildings. According to the Statista, in 2020, the global construction industry was valued at USD 6.4 trillion and estimated to reach up to USD 14.4 trillion by the year 2030. As a result, the growing construction industry is anticipated to support the market growth. Moreover, technological integration with building management systems, and ongoing technological advancements in fire sprinkler system design and technology is anticipated to create the lucrative opportunity for the market. However, the high cost of retrofitting fire sprinklers stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Fire Sprinkler Systems Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 with largest market share owing to the stringent building codes and regulations, supportive government initiatives and incentives, and the presence of key market players. Whereas, Asia Pacific region is expected to grow with the fastest growth rate during the forecast period, owing to factors such as the growing urbanization and infrastructure development, increased awareness and education, and increasing construction activities.

Major market player included in this report are:

HD Fire Protect Pvt. Ltd.
Honeywell HBT
Minimax GmbH & Co. KG
Potter Electric Signal Company, LLC
Rapidrop Global Ltd.
Siemens AG
Tyco Fire Protection Products (Johnson Controls)
Victaulic Company.
Viking Group Inc.

Recent Developments in the Market:

In June 2022, WIKA Instruments India Pvt. Ltd., a wholly-owned subsidiary of WIKA Global, has introduced the FSFD model. This fire sprinkler flow detector is meticulously crafted to identify water flow within wet pipe sprinkler systems. Ideal for a range of industrial and residential uses, the FSFD flow switch offers essential features to trigger local alarms and activate control panels when sprinklers are engaged.

Global Fire Sprinkler Systems Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Component, Product, End-use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:

Product
Service

By Product:

Wet-pipe Sprinkler System
Dry-pipe Sprinkler System
Pre-action Sprinkler System
Deluge Sprinkler System

By End-use:

Residential
Commercial
Industrial

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1.Executive Summary

1.1.Market Snapshot
1.2.Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1.Fire Sprinkler Systems Market, by region, 2020-2030 (USD Billion)
- 1.2.2.Fire Sprinkler Systems Market, by Component, 2020-2030 (USD Billion)
- 1.2.3.Fire Sprinkler Systems Market, by Product, 2020-2030 (USD Billion)
- 1.2.4.Fire Sprinkler Systems Market, by End-use, 2020-2030 (USD Billion)
1.3.Key Trends
1.4.Estimation Methodology
1.5.Research Assumption

Chapter 2.Global Fire Sprinkler Systems Market Definition and Scope

2.1.Objective of the Study
2.2.Market Definition & Scope
- 2.2.1.Industry Evolution
- 2.2.2.Scope of the Study
2.3.Years Considered for the Study
2.4.Currency Conversion Rates

Chapter 3.Global Fire Sprinkler Systems Market Dynamics

3.1.Fire Sprinkler Systems Market Impact Analysis (2020-2030)
- 3.1.1.Market Drivers
  - 3.1.1.1.Rising awareness among individuals, businesses, and governments about the importance of fire safety
  - 3.1.1.2.Rapid urbanization and infrastructure development
  - 3.1.1.3.Growing construction industry
- 3.1.2.Market Challenges
  - 3.1.2.1. High initial costs associated with the installation of fire sprinkler systems
- 3.1.3.Market Opportunities
  - 3.1.3.1.Technological integration with building management systems
  - 3.1.3.2.Ongoing technological advancements

Chapter 4.Global Fire Sprinkler Systems Market: Industry Analysis

4.1.Porter's 5 Force Model
- 4.1.1.Bargaining Power of Suppliers
- 4.1.2.Bargaining Power of Buyers
- 4.1.3.Threat of New Entrants
- 4.1.4.Threat of Substitutes
- 4.1.5.Competitive Rivalry
4.2.Porter's 5 Force Impact Analysis
4.3.PEST Analysis
- 4.3.1.Political
- 4.3.2.Economic
- 4.3.3.Social
- 4.3.4.Technological
- 4.3.5.Environmental
- 4.3.6.Legal
4.4.Top investment opportunity
4.5.Top winning strategies
4.6.COVID-19 Impact Analysis
4.7.Disruptive Trends
4.8.Industry Expert Perspective
4.9.Analyst Recommendation & Conclusion

Chapter 5.Global Fire Sprinkler Systems Market, by Component

5.1.Market Snapshot
5.2.Global Fire Sprinkler Systems Market by Component, Performance - Potential Analysis
5.3.Global Fire Sprinkler Systems Market Estimates & Forecasts by Component 2020-2030 (USD Billion)
5.4.Fire Sprinkler Systems Market, Sub Segment Analysis
- 5.4.1. Product
- 5.4.2.Service

Chapter 6.Global Fire Sprinkler Systems Market, by Product

6.1.Market Snapshot
6.2.Global Fire Sprinkler Systems Market by Product, Performance - Potential Analysis
6.3.Global Fire Sprinkler Systems Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
6.4.Fire Sprinkler Systems Market, Sub Segment Analysis
- 6.4.1. Wet-pipe Sprinkler System
- 6.4.2.Dry-pipe Sprinkler System
- 6.4.3.Pre-action Sprinkler System
- 6.4.4.Deluge Sprinkler System

Chapter 7.Global Fire Sprinkler Systems Market, by End-use

7.1.Market Snapshot
7.2.Global Fire Sprinkler Systems Market by End-use, Performance - Potential Analysis
7.3.Global Fire Sprinkler Systems Market Estimates & Forecasts by End-use 2020-2030 (USD Billion)
7.4.Fire Sprinkler Systems Market, Sub Segment Analysis
- 7.4.1. Residential
- 7.4.2.Commercial
- 7.4.3.Industrial

Chapter 8.Global Fire Sprinkler Systems Market, Regional Analysis

8.1.Top Leading Countries
8.2.Top Emerging Countries
8.3.Fire Sprinkler Systems Market, Regional Market Snapshot
8.4.North America Fire Sprinkler Systems Market
- 8.4.1.U.S. Fire Sprinkler Systems Market
  - 8.4.1.1.Component breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2.Product breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3.End-use breakdown estimates & forecasts, 2020-2030
- 8.4.2.Canada Fire Sprinkler Systems Market
8.5.Europe Fire Sprinkler Systems Market Snapshot
- 8.5.1.U.K. Fire Sprinkler Systems Market
- 8.5.2.Germany Fire Sprinkler Systems Market
- 8.5.3.France Fire Sprinkler Systems Market
- 8.5.4.Spain Fire Sprinkler Systems Market
- 8.5.5.Italy Fire Sprinkler Systems Market
- 8.5.6.Rest of Europe Fire Sprinkler Systems Market
8.6.Asia-Pacific Fire Sprinkler Systems Market Snapshot
- 8.6.1.China Fire Sprinkler Systems Market
- 8.6.2.India Fire Sprinkler Systems Market
- 8.6.3.Japan Fire Sprinkler Systems Market
- 8.6.4.Australia Fire Sprinkler Systems Market
- 8.6.5.South Korea Fire Sprinkler Systems Market
- 8.6.6.Rest of Asia Pacific Fire Sprinkler Systems Market
8.7.Latin America Fire Sprinkler Systems Market Snapshot
- 8.7.1.Brazil Fire Sprinkler Systems Market
- 8.7.2.Mexico Fire Sprinkler Systems Market
8.8.Middle East & Africa Fire Sprinkler Systems Market
- 8.8.1.Saudi Arabia Fire Sprinkler Systems Market
- 8.8.2.South Africa Fire Sprinkler Systems Market
- 8.8.3.Rest of Middle East & Africa Fire Sprinkler Systems Market

Chapter 9.Competitive Intelligence

9.1.Key Company SWOT Analysis
- 9.1.1.Company 1
- 9.1.2.Company 2
- 9.1.3.Company 3
9.2.Top Market Strategies
9.3.Company Profiles
- 9.3.1. HD Fire Protect Pvt. Ltd
  - 9.3.1.1.Key Information
  - 9.3.1.2.Overview
  - 9.3.1.3.Financial (Subject to Data Availability)
  - 9.3.1.4.Product Summary
  - 9.3.1.5.Recent Developments
- 9.3.2.Honeywell HBT
- 9.3.3.Minimax GmbH & Co. KG
- 9.3.4.Potter Electric Signal Company, LLC
- 9.3.5.Rapidrop Global Ltd.
- 9.3.6.Siemens AG
- 9.3.7.Tyco Fire Protection Products (Johnson Controls)
- 9.3.8.Victaulic Company.
- 9.3.9.Viking Group Inc.

Chapter 10.Research Process

10.1.Research Process
- 10.1.1.Data Mining
- 10.1.2.Analysis
- 10.1.3.Market Estimation
- 10.1.4.Validation
- 10.1.5.Publishing
10.2.Research Attributes
10.3.Research Assumption

LIST OF TABLES

TABLE 1.Global Fire Sprinkler Systems Market, report scope
TABLE 2.Global Fire Sprinkler Systems Market estimates & forecasts by region 2020-2030 (USD Billion)
TABLE 3.Global Fire Sprinkler Systems Market estimates & forecasts by Component 2020-2030 (USD Billion)
TABLE 4.Global Fire Sprinkler Systems Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 5.Global Fire Sprinkler Systems Market estimates & forecasts by End-use 2020-2030 (USD Billion)
TABLE 6.Global Fire Sprinkler Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7.Global Fire Sprinkler Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8.Global Fire Sprinkler Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9.Global Fire Sprinkler Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10.Global Fire Sprinkler Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11.Global Fire Sprinkler Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12.Global Fire Sprinkler Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13.Global Fire Sprinkler Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14.Global Fire Sprinkler Systems Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15.Global Fire Sprinkler Systems Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16.U.S. Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17.U.S. Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18.U.S. Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19.Canada Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20.Canada Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21.Canada Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22.UK Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23.UK Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24.UK Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25.Germany Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26.Germany Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27.Germany Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28.France Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29.France Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30.France Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31.Italy Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32.Italy Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33.Italy Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34.Spain Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35.Spain Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36.Spain Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37.RoE Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38.RoE Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39.RoE Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40.China Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41.China Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42.China Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43.India Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44.India Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45.India Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46.Japan Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47.Japan Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48.Japan Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49.South Korea Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50.South Korea Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51.South Korea Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52.Australia Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53.Australia Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54.Australia Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55.RoAPAC Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56.RoAPAC Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57.RoAPAC Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58.Brazil Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59.Brazil Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60.Brazil Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61.Mexico Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62.Mexico Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63.Mexico Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64.RoLA Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65.RoLA Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66.RoLA Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67.Saudi Arabia Fire Sprinkler Systems Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68.South Africa Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69.RoMEA Fire Sprinkler Systems Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70.List of secondary sources, used in the study of global Fire Sprinkler Systems Market
TABLE 71.List of primary sources, used in the study of global Fire Sprinkler Systems Market
TABLE 72.Years considered for the study
TABLE 73.Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1.Global Fire Sprinkler Systems Market, research methodology
FIG 2.Global Fire Sprinkler Systems Market, Market estimation techniques
FIG 3.Global Market size estimates & forecast methods
FIG 4.Global Fire Sprinkler Systems Market, key trends 2022
FIG 5.Global Fire Sprinkler Systems Market, growth prospects 2023-2030
FIG 6.Global Fire Sprinkler Systems Market, porters 5 force model
FIG 7.Global Fire Sprinkler Systems Market, pest analysis
FIG 8.Global Fire Sprinkler Systems Market, value chain analysis
FIG 9.Global Fire Sprinkler Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 10.Global Fire Sprinkler Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 11.Global Fire Sprinkler Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 12.Global Fire Sprinkler Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 13.Global Fire Sprinkler Systems Market by segment, 2020 & 2030 (USD Billion)
FIG 14.Global Fire Sprinkler Systems Market, regional snapshot 2020 & 2030
FIG 15.North America Fire Sprinkler Systems Market 2020 & 2030 (USD Billion)
FIG 16.Europe Fire Sprinkler Systems Market 2020 & 2030 (USD Billion)
FIG 17.Asia pacific Fire Sprinkler Systems Market 2020 & 2030 (USD Billion)
FIG 18.Latin America Fire Sprinkler Systems Market 2020 & 2030 (USD Billion)
FIG 19.Middle East & Africa Fire Sprinkler Systems Market 2020 & 2030 (USD Billion)