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Fire Protection System Pipes Market worth $32.18 billion by 2030, growing at a CAGR of 6.86% - Exclusive Report by 360iResearch
Fire Protection System Pipes Market | 360iResearch
The Global Fire Protection System Pipes Market to grow from USD 20.21 billion in 2023 to USD 32.18 billion by 2030, at a CAGR of 6.86%.
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Fire protection systems control and protect the damage that can occur to the building and occupants in the event of a fire. The fire protection systems include various components, including pipes that carry water or other liquids to connect firefighting equipment. The growing cases of fire hazards in residential and commercial spaces and rising government regulations for establishing fire protection systems are accelerating the use of fire protection system pipes. Fire protection system pipes are increasingly installed in industries highly susceptible to fire hazards, such as the oil and gas industry. However, the high installation and maintenance cost and technical issues may reduce the usage of fire protection system pipes. Moreover, the ongoing research to improve the pipe quality and favorable investment landscape in smart city projects are expected to facilitate the deployment of fire protection system pipes across end-use industries worldwide.
The fire protection systems market is highly developing in the Americas owing to the presence of a well-established industrial sector and the growing deployment and development of efficient fire protection system pipes in the region. Supportive government regulations, growing incidences of fire hazards, and adopting advanced fire protection technologies encourage using fire protection system pipes in the APAC region. Norms for building fire protection systems, growing awareness regarding the installation and safety benefits, and advancements in fire protection systems are resulting in the accelerated installation of fire protection pipes in the EMEA region. Additionally, the rapid expansion of the industrial sector and a surge in infrastructure projects are expected to create immense potential for the growth of the fire protection system pipes market.
Market Segmentation & Coverage:
This research report categorizes the Fire Protection System Pipes Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Seamless Pipes and Welded Pipes. The Seamless Pipes is projected to witness significant market share during forecast period.
Based on Material, market is studied across Composites, Copper, Plastic, and Steel. The Steel is further studied across Alloy Steel, Carbon Steel, and Stainless Steel. The Composites is projected to witness significant market share during forecast period.
Based on Connection Type, market is studied across Flanged, Grooved, and Threaded. The Flanged is projected to witness significant market share during forecast period.
Based on Pipe Content, market is studied across Foam, Gas, and Water. The Foam is projected to witness significant market share during forecast period.
Based on End-use, market is studied across Commercial, Industrial, and Residential. The Residential is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 37.32% in 2023, followed by Europe, Middle East & Africa.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Fire Protection System Pipes Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Fire Protection System Pipes Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Fire Protection System Pipes Market, highlighting leading vendors and their innovative profiles. These include aquatherm GmbH, Ashirvad by Aliaxis Group SA, ASTRAL LIMITED, Bull Moose Tube Company by Caparo Group Limited, China Lesso Group Holdings Limited, Düker GmbH, Encore Fire Protection, Engineered Fire Piping, Engineered Fire Piping, SL, Fire suppression Limited, Georg Fischer Rohrleitungssysteme AG, Jindal Industries Pvt. Ltd., Minimax GmbH, NewAge Fire Fighting Co. Ltd., Octal Steel, Perma-Pipe International Holdings Inc., Prince Pipes And Fittings Ltd., Simona AG, Tata Steel Limited, The Supreme Industries Ltd., Valmont Industries, Inc., Victaulic Company, Wheatland Tube by Zekelman Industries, Youngstown Tube, and Zekelman Industries.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Fire Protection System Pipes Market, by Type
7. Fire Protection System Pipes Market, by Material
8. Fire Protection System Pipes Market, by Connection Type
9. Fire Protection System Pipes Market, by Pipe Content
10. Fire Protection System Pipes Market, by End-use
11. Americas Fire Protection System Pipes Market
12. Asia-Pacific Fire Protection System Pipes Market
13. Europe, Middle East & Africa Fire Protection System Pipes Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Fire Protection System Pipes Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Fire Protection System Pipes Market?
3. What is the competitive strategic window for opportunities in the Fire Protection System Pipes Market?
4. What are the technology trends and regulatory frameworks in the Fire Protection System Pipes Market?
5. What is the market share of the leading vendors in the Fire Protection System Pipes Market?
6. What modes and strategic moves are considered suitable for entering the Fire Protection System Pipes Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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