openPR Logo
Press release

Fire Suppression Systems Market by Manufacturers, Types, Regions and Application Research Report Forecast to 2028

09-03-2018 01:38 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Fact.MR

Fact.MR

Fact.MR

A latest research report titled as ” Fire Suppression Systems Market Forecast, Trend Analysis & Competition Tracking - Global Review 2018 to 2028” has been recently added to the vast portfolio of FactMR online research offerings. This report is a professional and in-depth analysis on the present state and future prospect for the global market. It provides valuable information to the industry insiders, potential entrants or investors. It includes an exhaustive enquiry with the reliability of logic and the comprehensiveness of contents.

According to the National Fire Protection Association (NFPA), over 1.3 million fire incidences were reported in the United States. These incidences caused over 3000 deaths and property loss of worth US$ 10.6 billion. Due to this, NFPA has enacted guidelines for commercial business infrastructures to deploy fire suppression system such as sprinklers and clean agent suppression systems. Further, NFPA has included two important requirements of regular maintenance and training of personnel of the clean agent fire suppression system. Moreover, IFSA has recently published an article that includes the FM Global data sheet that included technology updates for installation of sprinkler systems in automated storage facilities. Recently announced new US federal tax reform will support small business annually and large business entities over the span of five years for retrofitting of sprinkler systems. Such government reforms will enhance the adoption of fire suppression systems at larger geographical locations.

Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T&rep_id=597

Based on the extinguishing agents used to suppress the fire, the fire suppression systems are of three types -- water-based, chemical-based, or gas-based. Within these categories, based on specific requirements, different delivery systems are found such as water pipe, sprinklers, and manual or automated suppression systems. Apart from this, the fire suppression system also includes detection systems, alarms, and emergency control system.

Fire incidences lead to several disastrous impacts such as threats to livelihood, destruction of public as well as private properties. To prevent such damage, fire suppression systems are highly adopted in the commercial sectors. The International Fire Suppression Alliance (IFSA) data suggested that approximately 135.8 million units of sprinklers were installed worldwide in 2016. Further, the highest installation was reported in Asia, followed by North America and Europe.

The Global Fire Suspension Market: Innovative Product Launch

Victualic VortexTM is a fire suppression system launched by Victaulic, a global provider of mechanical pipe joints, fire protection systems, and innovative engineering and construction solutions. This is a new hybrid fire suppression system that involves combination of water and nitrogen extinguishers that efficiently suppresses the fire.
Other key companies in the global fire suppression market include Minimax, Lubrizol, Bristol Fire Engineering, Halma PLC, SFFECO, NAFFCO, TYCO, United Technologies Corporation, Master Fire Preventions Ltd., Firetronics, National Fire Equipment Ltd. and Amerex Corporation.

As manufacturers are aligning their product launch to the evolving regulatory reforms and changing building infrastructures, adoption of advanced fire suppression systems is likely to grow. Further, a need for developing effective method of fire safety has led to the development of innovative solutions that are superior as well as environmental-friendly. In addition, technology innovations and integration of IoT and cloud-based solutions are driving the demand for fire suppression systems in the new smart building constructions globally. Overall, the report offers holistic analysis and insights on the global fire suppression systems market. Stakeholders can gain a wealth of information on the key factors likely to shape the market during the assessment period 2018-2027.

To know more about the Fire Suppression Systems Market Trends, Visit the- https://www.factmr.com/report/597/fire-suppression-systems-market

Regional Segments Analyzed Include

• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC, S. Africa, N. Africa)

Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.

Highlights from the Report

• Elaborated scenario of the parent market
• Transformations in the market dynamics
• Detailed segmentation of the target market
• Historical, current and forecast market size based on value and volume
• Latest industry developments and trends
• Competition landscape
• Strategies adopted by the market players and product developments made
• Potential and niche segments, along with their regional analysis
• Unbiased analysis on performance of the market
• Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness

Ask our Industry Expert on this Report- https://www.factmr.com/connectus/sample?flag=AE&rep_id=597

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact Us
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Fire Suppression Systems Market by Manufacturers, Types, Regions and Application Research Report Forecast to 2028 here

News-ID: 1216690 • Views: 108

More Releases from Fact.MR

North America Accounts for Over 30% of Overall Aluminum Powder Sales, finds Fact …
According to a recently published Fact. MR report, global sales of aluminum powder in 2018 exceeded 110 Thousand tons and is expected to grow at moderate rate in the forecast period. According to the study, North America will maintain its supremacy in the market for aluminum powder, owing to the widespread demand from the region's automotive and aerospace sectors. The rising demand of lightweight materials in the automotive and aerospace
“Petroleum-Based to Bio-Based Propylene Glycol” is a Key Trend, Finds Fact.M …
The recently published research report by Fact.MR regarding the global propylene glycol market includes product classification and current synopsis along with product upgrades and innovations. The propylene glycol market was pegged at more than 2,500 Thousand Tons in 2018, and the global market is likely to witness a strong growth rate during the forecast period on the backdrop of increasing building & construction activities along with expanding production capacities of
Isocyanates Manufacturers Leveraging Advancements and Modernization in the Adhes …
The recently published report by Fact.MR regarding the global isocyanates market includes product classification and current synopsis along with product upgrades and innovations. Increasing demand from the building and automotive industries is increasing the polyurethane consumption in numerous consumer and industrial applications. Moreover, the thriving pharmaceutical industries, and isocyanates advantageous characteristics are the primary drivers for development in the worldwide isocyanate market. Burgeoning isocyanate acceptance for use in newer vertical
Increasing Commuter Preference for Shared Taxi Will Boost the Demand for Minibus …
Global value for the minibus market reached ~ US$ 8.3 Bn in 2018, as disclosed by the new research study by Fact.MR. According to the report, the minibus market is predicted to grow by CAGR of ~3.7% in the forecast period, primarily influenced by prominent players investing in manufacturing operations in the global minibus market landscape. According to the research, an increasing center of attention on new developments and the demand

All 5 Releases


More Releases for FactMR

Elevator Sales Buoyed by Pervasive Trends of Digitalization and Mixed-Use Develo …
According to a new study by FactMR, the global sales of elevators are estimated to surpass 900 thousand units in 2019. The elevators industry continues to remain influenced by various factors, which range from the resurgent growth in new residential construction, to innovative developments in modern elevator designs such as cloud predictive maintenance and intuitive technologies. The study opines that demand for elevators shows no signs of abating alongside notable
Increased Enthusiasm for Smart Tires Expected to Impact Market Proliferation, de …
FactMR has published a new study titled “Automotive Tire Market Forecast, Trend Analysis & Competition Tracking: Global Market insights 2017 to 2022”, which drops light on the overall market scenario prevailing in the automotive tire sector. Based on this assessment, the automotive tire market is likely to register steady growth during the forecast period until 2022. Interestingly, it is projected that the target market will acquire nearly US$ 300 billion
Horehound Supplements Sales Sustained by Regulatory Amendments Advocating their …
According to new FactMR study, worldwide sales of horehound supplements are estimated to surpass 6,200 tons in 2019. The horehound supplements industry continues to be influenced by a slew of factors, ranging from growing consumer inclination towards botanical nutraceutical supplements to R&D investments in exploring the application scope of various traditional herbs. The study assesses the horehound supplements market in detail, and offers an analysis of the macroeconomic and industry-specific
Aluminum Alloy Metal Delivers Innovative Scope to Bolster Automotive Metal Wheel …
According to this meticulously compiled research study published by FactMR, the status of automotive metal wheel market stands dubious. Fluctuations in consumer trends together with swelling demand for light weight wheels is restricting the global market expansion. In order to confer additional market factors, readers can access the research report titled “Automotive Metal Wheel Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, added to the broad
Agriculture Sprayer Sales Surge as Cognitive Solutions and Precision Equipment G …
A recent study published by FactMR estimates the agricultural sprayer sales to surpass 3 million units by 2020. The study finds that technological transformations and digitization of the agriculture industry, along with demand for new tools and production methods, will remain key to growth of the agricultural sprayers industry. Request Here For a Free Sample Report - https://www.factmr.com/connectus/sample?flag=S&rep_id=3476 According to the study, leading manufacturers are adopting cognitive technologies to meet growing end-user
Electric Vehicles Revolution Creates Opportunities for EV Traction Motors, Revea …
According to the latest study by FactMR, global demand of EV traction motor is estimated to exceed US$ 6,000 Mn in 2019, up from US$ 5,391.9 Mn in 2018. Sales of electric vehicles and hybrid electric vehicles, upheld by a host of technological features and claims of optimal performance, are likely to boost growth of EV traction motor market in 2019 and beyond. In addition, increasing regulations and norms put in place