Global Fire Sprinkler Market Share and Forecasts, 2022 - Acute Market Reports
The Global Fire Sprinkler market is
valued at $7.5 billion in 2014 with CAGR of 10.31% it is expected to reach $15.19
billion by 2022. The Fire Sprinkler market is expected to have high demand for
its commercial applications. The fire sprinkler services in manufacturing, oil
& gas, mining, commercial applications are driving the market growth. High
cost of sprinklers and lack of integrity in system interfaces are the major
factors restraining the growth of the market.
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Report with Table Of Content - http://www.acutemarketreports.com/report/fire-sprinkler-global-market-outlook-trends-forecast-and-opportunity-assessment-2014-2022
The opportunity for growth in fire
sprinkler market lies in government mandates and technological innovations. The
challenges faced by the market are advanced solution for Fire security by
Government. North America has the largest market for fire sprinklers and
expected to hold its share till 2022, where U.S. occupies the major market
share in the region. Asia Pacific and Europe also seem to be the promising
markets driven by countries such as China, UK, and Germany.
Global Fire Sprinkler market is
segmented by technology, by product, by service, by application, by components
and by Geography. Based on technology, market is segmented into Active Fire Protection
(AFP) and Passive Fire Protection (PFP). Based on product, market is segregated
into wet sprinkler system, deluge sprinkler system, dry sprinkler system,
pre-action sprinkler system and others. Based on service, market is classified
into installation and design, inspection, management and engineering services.
Based on application, Fire Sprinkler market is categorized into industrial,
residential and commercial. Fire Sprinkler market by geography is segmented
into North America, Europe, Asia Pacific, and Rest of the World.
The Key players in the market
include, Siemens AG, Vtmak, Halma PLC, API Group, Inc., Minimax GmbH & Co.
KG, Johnson Controls, Gentex Corporation, United Technologies Corporation
(UTC), and Honeywell International, Inc.
What
our report offers:
-
Market share assessments for the regional and country level segments
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Market share analysis of the top industry players
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Strategic recommendations for the new entrants
-
Market forecasts for a minimum of 8 years of all the mentioned segments, sub
segments and the regional markets
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Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges,
Investment Opportunities, and recommendations)
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Strategic recommendations in key business segments based on the market
estimations
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Competitive landscaping mapping the key common trends
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Company profiling with detailed strategies, financials, and recent developments
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Supply chain trends mapping the latest technological advancements.
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