Press release
Fire Suppression Systems Market by Manufacturers, Types, Regions and Application Research Report Forecast to 2028
Fact.MR
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: …
More Releases from Fact.MR
Bioinformatics Market is Growing at a CAGR of 13.4% by 2034 | Fact.MR Report
The latest report on the Bioinformatics Market, projecting robust growth driven by the increasing demand for genomic research, advancements in artificial intelligence (AI), and the rising adoption of precision medicine. Valued at USD 14.29 billion in 2024, the global market is forecast to expand at a compound annual growth rate (CAGR) of 13.4%, reaching USD 50.25 billion by 2034. This significant growth underscores the critical role of bioinformatics in decoding…
Residential Robotic Vacuum Cleaner Market to Reach USD 11.6 Billion by 2033 | Ke …
Fact.MR today released its latest report on the Residential Robotic Vacuum Cleaner Market, projecting robust growth driven by increasing demand for automation, busy lifestyles, and advancements in smart home technologies. Valued at USD 3.0 billion in 2023, the global market is forecast to expand at a compound annual growth rate (CAGR) of 14.4%, reaching USD 11.6 billion by 2033. This significant growth highlights the rising adoption of robotic vacuum cleaners…
Brain-Computer Interface Market is Estimated to Reach USD 6.5 Billion by 2033
The global brain-computer interface (BCI) market was valued at USD 1.6 billion in 2022 and is projected to reach USD 6.5 billion by 2033, growing at a compound annual growth rate (CAGR) of 13.6% from 2023 to 2033. This expansion reflects the increasing adoption of BCI technologies in medical applications, driven by advancements in neuroscience, AI, and sensor technologies. BCIs enable direct communication between the brain and external devices, offering…
Orally Disintegrating Tablet Market is Projected to Reach USD 72.68 Billion by 2 …
The global orally disintegrating tablet (ODT) market is valued at USD 24.45 billion in 2024 and is forecasted to expand at a compound annual growth rate (CAGR) of 11.5%, reaching USD 72.68 billion by 2034. This robust growth is driven by the increasing demand for patient-friendly dosage forms, particularly among the elderly, pediatric, and dysphagic populations, who benefit from ODTs' ease of administration without water and rapid dissolution. ODTs enhance…
More Releases for FactMR
Endoscopic Submucosal Dissection Market Latest Trends and Innovations | FactMR
Endoscopic Submucosal Dissection (ESD) represents a significant advancement in minimally invasive surgical techniques, particularly for the removal of gastrointestinal (GI) tract tumors. As of 2024, the global endoscopic submucosal dissection market (内視鏡的粘膜下層剥離術市場) is anticipated to be valued at approximately USD 313.0 million. With a projected Compound Annual Growth Rate (CAGR) of 7.40%, the market is expected to more than double, reaching USD 640.5 million by 2034. This growth trajectory is…
How will Ice Skating Equipment Market Suffice Varied Taste Buds : FactMR
Latest report published by Fact.MR, a market research and competitive intelligence provider, projects that sales of ice skating equipment will likely increase at a CAGR of 4% from 2021-2031, reaching a market valuation of US$ 1.2 Bn by 2031. Innovations in equipment used in ice skating and exercise and health benefits derived from ice skating are having a positive impact on the sales of ice skating equipment.
Request Sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=227
Key…
How would Medical Case Management Service Market exemplify perfection : FactMR
As per a revised analysis by Fact.MR, a market research and competitive intelligence provider, the global medical case management service market is predicted to rise at a CAGR of 3.2% over the decade. Market revenue is expected to top a valuation of 5.5 Bn by the end of 2031.
Focus on healthcare has grown exponentially and spending has also followed a similar trend. It’s not possible for all patients to have…
Hanging Box Market is to Register Steady Growth During 2028 - FactMR Report
Hanging boxes are best known for their strength, structure and lightweight. Various products ranging from food, beverages, electronic items, machinery parts, cosmetics and medicines are packed in the hanging box. Owing to stringent plastic regulations across the world, hanging boxes are gaining traction from various industries, such as fashion, pharmaceuticals, cosmetics, machinery and food & beverages.
The Market Research Survey by “Fact.MR, A Market Research and Competitive Intelligence Provider” highlights the…
Why Would The Luxury Eyewear Market Swing in Wireless Surprises? : FactMR
The global luxury eyewear market is projected to grow at a CAGR of over 3% and is estimated to reach a value pool of over US$ 50 Bn by the end of the forecast period (2019-2027). Despite continued threats of trade war and economic uncertainty, the overall outlook for the luxury eyewear market remains optimistic.Over the past decade, the aspirations of luxury businesses' have shifted exponentially and continue to be…
Biofuels Market: Understanding the Key Product Segments and their Future : FactM …
Latest industry survey by Fact MR, predicts Biofuel sales to swell at propelled CAGR through 2031, as chemical and materials sales gradually recover post disruptions caused by COVID-19. The report is aimed at furnishing insights into hidden growth opportunities and challenges. It also provides recommendations to aid businesses prep for unforeseen challenges.
The report offers actionable and valuable market insights of Biofuel. The latest report by Fact.MR provides details on the…
