AP NEWS
Press release content from Business Wire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from Business Wire
Press release content from Business Wire. The AP news staff was not involved in its creation.

United States Fire Sprinklers Market Expected to Grow with a CAGR of 9% During the Forecast Period, 2020-2025 - ResearchAndMarkets.com

January 13, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 13, 2020--

The “United States Fire Sprinklers Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025” report has been added to ResearchAndMarkets.com’s offering.

The publisher expects the market to reach a value of US$ 7.2 Billion by 2025, exhibiting a CAGR of about 9% during 2020-2025.

The US fire sprinklers market is currently exhibiting strong growth and reached a value of US$ 4.3 Billion in 2019. A fire sprinkler refers to a type of fire protection system consisting of sprinkler heads installed in ceilings or side walls connected to an active water supply through piping and fittings. Fire sprinklers are triggered by the rise in temperature. When a blaze ignites, the air directly above it heats rapidly and this hot air rises and spreads along with the ceiling. When the air is hot enough and reaches a sprinkler head, it triggers a chain reaction. It is considered to be one of the safest methods for suppressing the fire at an early stage, thus, preventing it to grow any further. On account of this, it is widely being utilized across the United States including different commercial buildings as well as residential buildings.

With technological advancements and product innovations, the market for fire sprinkler has gained strong traction in the United States. Moreover, the National Fire Protection Association (NFPA) has mandated the installation of fire protection in new commercial construction projects under the new regulatory code. As a result, the growing rate of construction of commercial units including offices, retail shops, commercial centers, entertainment centers, hospitals and schools is catalysing the demand for fire sprinklers in the United States. The US government is also organizing various seminars and formulating regulations to facilitate the adoption of these systems.

Key Questions Answered in This Report:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 United States Fire Sprinklers Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Forecast

6 US Fire Sprinklers Market Breakup by Component

6.1 Fire Sprinklers Structures

6.1.1 Pipe

6.1.1.1 Market Trends

6.1.1.2 Market Forecast

6.1.2 Valves & Fittings

6.1.3 Sprinklers Head

6.1.4 Others

6.2 Fire Response System

6.2.1 Fire Alarm Devices

6.2.2 Lightening

6.2.3 Voice/Public Alert

6.2.4 Secure Communication

6.3 Fire Detector and Control Panels

6.4 Fire Suppression Reagent

6.4.1 Water

6.4.2 Foam

6.4.3 Gas

6.4.4 Chemical

7 US Fire Sprinklers Market Breakup by Fire Sprinkler Type

7.1 Wet Sprinkler System

7.1.1 Market Trends

7.1.2 Market Forecast

7.2 Dry Sprinkler System

7.3 Pre-action Sprinkler System

7.4 Deluge System

7.5 Others

8 Market Breakup by Service

8.1. Installation/Design

8.1.1 Market Trends

8.1.2 Market Forecast

8.2. Maintenance & Managed

8.3. Engineering & Fabrication

8.4. Others

9 Market Breakup by Application Sector

9.1 Commercial

9.1.1 Market Trends

9.1.2 Market Forecast

9.2 Industrial

9.2.1 Manufacturing

9.2.2 Oil & Gas

9.2.3 Energy & Power

9.2.4 Healthcare

9.2.5 Transportation & Logistics

9.2.6 Mining

9.2.7 Others

9.3 Residential

10 Market Breakup by Region

10.1 West US

10.1.1 Market Trends

10.1.2 Market Forecast

10.2 Southeast US

10.3 Northeast US

10.4 Midwest US

10.5 Southwest US

11 SWOT Analysis

11.1 Overview

11.2 Strengths

11.3 Weakness

11.4 Opportunities

11.5 Threats

12 Value Chain Analysis

12.1 Overview

12.2 Raw Material Procurement

12.3 Design

12.4 Manufacturing

12.5 Fabrication and Installation

12.6 End-Users

13 Porter’s Five Forces Analysis

13.1 Overview

13.2 Bargaining Power of Buyers

13.3 Bargaining Power of Suppliers

13.4 Degree of Rivalry

13.5 Threat of New Entrants

13.6 Threat of Substitutes

14 PESTLE Analysis

14.1 Overview

14.2 Political

14.3 Economical

14.4 Social

14.5 Technological

14.6 Environmental

14.7 Legal

15 Price Analysis

15.1 Price Indicators

15.2 Price Structure

16 Codes and Standards

17 Key Market Drivers and Challenges

18 Competitive Landscape

18.1 Market Structure

18.2 Key Players

18.3 Profile of Key Players

18.3.1 American Fire Protection Group, Inc.

18.3.2 American Fire Systems, Inc

18.3.3 American Fire Protection, Inc.

18.3.4 Western States Fire Protection Company

18.3.5 United States Alliance Fire Protection, Inc.

18.3.6 Johnson Controls

18.3.7 Siemens AG

18.3.8 Minimax GmbH & Co. KG

18.3.9 Hochiki Corporation

18.3.10 API Group Inc.

For more information about this report visit https://www.researchandmarkets.com/r/ybal4j

View source version on businesswire.com:https://www.businesswire.com/news/home/20200113005395/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

press@researchandmarkets.com

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD: UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 01/13/2020 05:50 AM/DISC: 01/13/2020 05:50 AM

http://www.businesswire.com/news/home/20200113005395/en