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United States Fire Sprinklers Market Size To Reach US$ 7.1 Billion by 2028 | IMARC Group

05-02-2023 10:01 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

United States Fire Sprinklers Market Size To Reach US$ 7.1

According to IMARC Group's latest report, titled "United States Fire Sprinklers Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.' the US fire sprinklers market size reached US$ 4.7 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.1 Billion by 2028, exhibiting a growth rate (CAGR) of 8.46% during 2023-2028.

 A fire sprinkler forms a crucial component of the fire protection system that is usually installed on the walls or the ceilings of the building. The sprinkler system consists of a water supply, control valve, sprinkler heads, and a water distribution piping system that provide a high level of coordination between the active fire system and interactive smoke control devices. It gets triggered by a rise in the temperature of the building, which sends an alarm indicating a fire blaze, thus suppressing the fire at an early stage. There are several types of fire sprinkler systems available in the market. Amongst them, wet pipe sprinklers are most commonly utilized in residential buildings.

𝐆𝐞𝐭 𝐅𝐫𝐞𝐞 𝐏𝐃𝐅 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭: https://www.imarcgroup.com/united-states-fire-sprinklers-market/requestsample

United States Fire Sprinklers Market Trends:

The growth of the United States fire sprinklers market can primarily be attributed to consistent technological advancements, along with the introduction of innovative product variants by leading players. Manufacturers are launching high performance, automatic fire sprinkler systems with the HI-FOG technology, which employs thermal radiation mechanism to detect fire, enable the flame to cool down effectively, and displace oxygen locally while consuming comparatively less water than traditional fire sprinklers. These variants are also being integrated with panic buttons, infrared monitoring sensors, the internet of things (IoT), and motion-sensing technology, which is acting as another major growth-inducing factor. Moreover, The Federal Government of the United States (US Federal Government) is implementing regulations and organizing seminars regrading fire safety, which is strengthening the fire sprinkler market in the nation. For instance, the National Fire Protection Association (NFPA) has mandated the installation of fire sprinkler systems in new commercial construction projects, which is further supporting the market growth. Besides this, the rising incidence of fire breakouts in risk-prone industries, such as oil and gas, energy, steel, and manufacturing, have also led to the widespread product adoption, which is catalyzing the market growth. 

United States Fire Sprinklers Market 2023-2028 Competitive Analysis and Segmentation:

Competitive Landscape With Key Players:

The competitive landscape of the US fire sprinklers market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

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.

Key Market Segmentation:

Breakup 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

Breakup by Fire Sprinkler System

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

Breakup by Service

Installation/ Design
Maintenance
Engineering and Fabrication
Others

Breakup by Application

Commercial
Industrial
Residential

Breakup by Region

Northeast
Midwest
South
West

Explore full Report with TOC & List of Figures: https://www.imarcgroup.com/request?type=report&id=1692&flag=E

Key Highlights of the Report:                                                           

Market Performance (2017-2022)
Market Outlook (2023-2028)
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.

Media Contact:
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: sales@imarcgroup.com
Phone: +1-631-791-1145
Address: 134 N 4th St
City: Brooklyn
State: NY
Country: United States
Website: https://www.imarcgroup.com

 About Us:                                                                     

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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