United States Fire Sprinklers Market Size, New Technology, Share and Forecast 2027

The IMARC Group provides extensive analysis of the United States Fire Sprinklers industry covering the market trends, investment opportunities, growth trends, statistics, and industry prospects. The report offers a comprehensive analysis of the industry, which comprises insights on market size, share, trends, analysis, growth, demand, statistics, and overview. The report also includes competitor and regional analysis, and contemporary advancements in the global market.

United States Fire Sprinklers Market Overview:

The US fire sprinklers market reached a value of US$ 4.3 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 7.1 Billion by 2027, exhibiting a CAGR of 8.46% during 2022-2027. A fire sprinkler represents a type of fire protection system with sprinkler heads installed in ceilings or sidewalls and connected to an active water supply through piping and fittings. In the event of a fire breaking out, the air directly above heats up rapidly. As hot air rises and spreads across the ceiling, it reaches the sprinkler heads, which raises the temperature and activates the system, thereby setting off a chain reaction. A fire sprinkler is deemed to be one of the safest methods to suppress a fire at an early stage so as to prevent it from growing and expanding further. Consequently, fire sprinklers are extensively utilized across commercial and residential buildings.

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United States Fire Sprinklers Market Trends:

The escalating incidences of fire accidents across several industries, including oil and gas, mining, petrochemical, etc., which deal with flammable materials regularly, are primarily driving the United States fire sprinklers market. Moreover, the increasing number of offices, retail shops, entertainment centers, hospitals, schools, etc., is also catalyzing the product demand. In addition to this, several government bodies are organizing informative seminars and implementing favorable regulations to encourage or mandate the installation of fire sprinklers across the country, which is also positively influencing the market growth. Furthermore, the introduction of high-performance systems with minimal water wastage and thermal radiation technology to detect fires is expected to bolster the United States fire sprinklers market over the forecasted period.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

American Fire Protection Group, Inc.
American Fire Systems, Inc.
American Fire Protection Inc.
Western States Fire Protection Company
United States Alliance Fire Protection, Inc.
Johnson Controls
Siemens AG
Minimax GmbH & Co. KG
Hochiki Corporation
API Group Inc., etc.

Market Break by Components

Fire Sprinklers Structure
Pipe
Valves and Fittings
Sprinkler Heads
Others
Fire Response System
Fire Alarm Devices
Lightening
Voice/Public Alert
Secure Communication
Fire Detectors and Control Panels
Fire Suppression Reagent
Water
Foam
Gas
Chemicals

Market Break by Fire Sprinkler System

Wet Sprinkler System
Dry Sprinkler System
Pre-action Sprinkler System
Deluge System
Others

Market Break by Service

Installation/ Design
Maintenance
Engineering and Fabrication
Others

Market Break by Application

Commercial
Industrial
Residential

Market Break by Region

Northeast
Midwest
South
West

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Key highlights of the report:                                                           

Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

 Sources:

https://www.marketwatch.com/press-release/bluetooth-speaker-market-share-analysis-size-trends-and-forecast-by-2022-27-2022-07-13
https://www.marketwatch.com/press-release/cakes-and-pastries-market-size-report-and-forecast-by-2022-2027-imarc-group-2022-07-13
https://www.marketwatch.com/press-release/chickpeas-market-size-price-trends-share-forecast-analysis-2027-imarc-group-2022-07-13
https://www.marketwatch.com/press-release/china-genetic-testing-market-research-report-and-forecast-by-2021-2026-imarc-group-2022-07-13
https://www.marketwatch.com/press-release/global-cosmetics-market-size-share-strategy-trends-and-forecast-2027-imarc-group-2022-07-13

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