Automatic fire sprinklers detect heat in advance, sound an alarm, and delicately spray water into a fire-prone area. Sprinklers detect heat ahead of time and assist in smothering the fire area, preventing fire-related injuries and protecting lives and property. The automatic fire sprinkler systems market is predicted to grow because to reduced risk of damage, protection of life and property, and increased investments across organizations to protect infrastructure. The market for automatic fire sprinkler systems is predicted to grow in tandem with the growth of investments in smart homes and buildings.
MARKET SCOPE
The "Global Automatic Fire Sprinkler Systems Market Analysis to 2028" is a specialized and in-depth study of the Automatic fire sprinkler systems Market with a special focus on the global market trend analysis. The report aims to provide an overview of automatic fire sprinkler systems market with detailed market segmentation by type and end users. The global automatic fire sprinkler systems market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading automatic fire sprinkler systems market player and offers key trends and opportunities in the automatic fire sprinkler systems market.
MARKET SEGMENTATION
? Based on type the market is segmented as, dry fire sprinkler, wet fire sprinkler, deluge fire sprinkler and preaction fire Sprinkler.
? Based on end user the market is segmented as, commercial, residential, oil and gas, industrial and manufacturing, transport and logistics, energy and power and others.
MARKET DYNAMICS
Drivers-
? The automatic fire sprinkler systems market is predicted to grow because to reduced risk of damage, protection of life and property, and increased investments across organizations to protect infrastructure.
? The market for automatic fire sprinkler systems is expected to develop in tandem with the increase of investments in smart homes and buildings.
? The automatic fire sprinkler systems market is likely to have good opportunities as a result of various technological advancements and increased awareness about fire safety.
Restraints-
? Involvement of higher initial investment is expected to restrain market growth during the forecast period.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global automatic fire sprinkler systems market based on various segments. It also provides market size and forecast estimates from year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The automatic fire sprinkler systems market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting automatic fire sprinkler systems Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the automatic fire sprinkler systems market in these regions.
IMPACT OF COVID-19 ON AUTOMATIC FIRE SPRINKLER SYSTEMS MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The reports cover key developments in the automatic fire sprinkler systems market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from automatic fire sprinkler systems market are anticipated to lucrative growth opportunities in the future with the rising demand for automatic fire sprinkler systems market. Below mentioned is the list of few companies engaged in the automatic fire sprinkler systems market.
The report also includes the profiles of key automatic fire sprinkler systems market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
? Adams Fire Tech (Pvt) Ltd.
? Firewize Holdings Pty Ltd
? API Group
? Cosco Fire Protection
? Grundfos Pumps India Private Ltd
? Heiser
? Kaufman Fire Protection Systems, Inc.
? Johnson Controls
? VFP Fire Systems, Inc.
? Viking Group Inc.