Market Research Report
Global Fire Sprinkler Systems Market 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||945175|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global Fire Sprinkler Systems Market 2020-2024|
|Published: June 24, 2020||Content info: 120 Pages||
Technavio has been monitoring the fire sprinkler systems market and it is poised to grow by $ 2.97 bn during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on fire sprinkler systems market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the decline in insurance expenditure, increased government support with regard to fire sprinkler installation, and regulatory standards for installation of fire sprinklers. In addition, decline in insurance expenditure is anticipated to boost the growth of the market as well.
The fire sprinkler systems market analysis includes product segment and geographic landscapes
Technavio's ‘ fire sprinkler systems market ’ is segmented as below:
By Geographic Landscape:
This study identifies the automation of fire safety systems as one of the prime reasons driving the fire sprinkler systems market growth during the next few years. Also, augmented use of deluge systems, and increase in installation of building automation systems will lead to sizable demand in the market.
"Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our fire sprinkler systems market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading fire sprinkler systems market vendors that include AI Fire LLC, Carrier Global Corp., Fire & Life Safety America Inc., Grundfos Holding AS, Hochiki America Corp., Honeywell International Inc., Johnson Controls International Plc, Minimax Viking GmbH, Robert Bosch GmbH, and Siemens AG. Also, the fire sprinkler systems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.