Fire sprinkler systems are one of the main equipment for fire protection. The effectiveness of fire sprinkler systems in controlling fire breakouts, reducing property loss, and preventing fatalities is driving the demand for fire sprinklers from commercial, industrial, and residential sectors. Fire sprinkler systems help in reducing carbon emissions generated in the event of a fire. Also, fire sprinkler systems use less water compared to other rescue services while controlling the fire.
Technavio’s analysts forecast the fire sprinkler systems market in APAC to grow at a CAGR of 14.11% during the period 2016-2020.
Covered in this report The report covers the present scenario and the growth prospects of the fire sprinkler systems market in APAC for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of wet fire sprinkler systems, dry-pipe fire sprinkler systems, deluge fire sprinkler systems, and pre-action fire sprinkler systems.
The market is divided into the following segments based on geography: - India - China - Japan - Australia - Malaysia - New Zealand - Thailand - South Korea
Technavio's report, Fire Sprinkler Systems Market in APAC 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.
Key vendors - APi group - Siemens - Tyco - UTC
Other prominent vendors - Hirotec Maintenance - Honeywell - Indigo Piping Systems - Innovative Fire Service - Newsound Fire Services - O’Brien Fire Protection - P&R Fire Services - Precision Fire Protection Services - Red Men Fire Protection - Superior Fire Solutions - United Fire Protection
Market driver - Growing residential construction market supporting urbanization - For a full, detailed list, view our report
Market challenge - Issues related to design of fire sprinkler systems - For a full, detailed list, view our report
Market trend - Shift from fragmented industry structure to organized sector - For a full, detailed list, view our report
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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199 pages •
By Global Industry Analysts
• Aug 2018
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