PUBLISHER: TechNavio | PRODUCT CODE: 1581824
PUBLISHER: TechNavio | PRODUCT CODE: 1581824
The home fire sprinklers market is forecasted to grow by USD 988.8 mn during 2023-2028, accelerating at a CAGR of 10.9% during the forecast period. The report on the home fire sprinklers market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rapid urbanization and infrastructure development in developing countries, high awareness of fire safety, and reduction in insurance premium.
Technavio's home fire sprinklers market is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 10.05% |
CAGR | 10.9% |
Incremental Value | $988.8 mn |
By Product
By Type
By Geographical Landscape
This study identifies the growing mergers and acquisitions in global home fire sprinklers market as one of the prime reasons driving the home fire sprinklers market growth during the next few years. Also, integration with iot and smart home technologies in home fire sprinkler systems and green and sustainable fire suppression solutions will lead to sizable demand in the market.
The report on the home fire sprinklers market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading home fire sprinklers market vendors that include Autoquench, Fields Fire Protection, Fireline Corp., G.w. Sprinkler A S, General International Group, Georg Fischer Ltd., HD Fire Protect Pvt. Ltd., iCO Products, Johnson Controls International Plc., Minimax GmbH, NAFFCO FZCO, Northwest Fire Systems, Polyteck Building Services Ltd, PTSG, Pye-Barker Fire and Safety LLC, RAD Fire Sprinklers Ltd., REHAU Ltd., The Reliable Automatic Sprinkler Co. Inc., United Fire Protection Corp, Varistor Technologies Pvt. Ltd., and Victaulic Co.. Also, the home fire sprinklers market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
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