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(IT-NEWSWIRE.COM, January 24, 2018 ) According to Publisher, the Global Fire Sprinkler market is accounted for $8.19 billion in 2015 and is expected to reach $16.24 billion by 2022 growing at a CAGR of 10.2% from 2015 to 2022. Factors such as implementation of Health Safety and Environment (HSE) operations, automation in commercial buildings and growing environmental concerns will drive the market growth. However, the high cost of retrofitting fire sprinklers, high installation cost of wet pipe systems and the lack of cohesion in system interfaces are restraining the market growth. Further, government regulations and awareness regarding fire sprinklers application will provide ample opportunity for the market to grow.
For more information about this report: http://www.reportsweb.com/fire-sprinkler-global-market-outlook-2016-2022 The wet pipe fire sprinklers segment is anticipated to witness largest share of the market during the forecast period. North America commanded the largest market share followed by Europe. Asia Pacific is projected to grow at the highest CAGR during the forecast period due to expansion of the construction and real estate sectors.
Some of the key players in global Fire Sprinkler market are API Group Inc., Johnson Controls Inc., Robert Bosch GmbH, Century Fire Sprinklers, Cosco Fire Protection, DIBOCO Fire Sprinklers, Globe Fire Sprinklers, Prairie Fire Sprinklers, REDA Fire & Safety, Koorsen Fire and Security, Siemens AG, Honeywell International, Inc., Rollins Fire Sprinklers, Hochiki Corporation, Minimax GmbH & Co KG,VTMAK, Tyco International, United Technologies, Plimsoll Fire Sprinkler Systems and Wayne Automatic Fire Sprinklers.
Applications Covered: - Industrial o Manufacturing o Mining o Energy and Power o Transportation and Logistics o Oil and Gas - Residential - Commercial o Hospitality o Banking, Financial Services, and Insurance (BFSI) o Consumer Goods and Retail o Academia and Institutional o Healthcare - Other Applications Products Covered: - Wet Sprinkler System - Deluge Sprinkler System - Dry Sprinkler System - Pre-Action Sprinkler System - Other Products
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Services Covered: - Installation and Design - Inspection - Management - Engineering Services Technologies Covered: - Active Fire Protection (AFP) - Passive Fire Protection (PFP) Components Covered: - Alarm Valve - Fire Sprinkler Head - Stop Valve - Motorized Alarm Bell - Alarm Test Valve Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
Company Profiling 12.1 API Group Inc. 12.2 Johnson Controls Inc. 12.3 Robert Bosch GmbH 12.4 Century Fire Sprinklers 12.5 Cosco Fire Protection 12.6 DIBOCO Fire Sprinklers 12.7 Globe Fire Sprinklers 12.8 Prairie Fire Sprinklers 12.9 REDA Fire & Safety, 12.10 Koorsen Fire and Security 12.11 Siemens AG 12.12 Honeywell International, Inc. 12.13 Rollins Fire Sprinklers 12.14 Hochiki Corporation 12.15 Minimax GmbH & Co KG 12.16 VTMAK 12.17 Tyco International 12.18 United Technologies 12.19 Plimsoll Fire Sprinkler Systems 12.20 Wayne Automatic Fire Sprinklers
Inquire before Buying at http://www.reportsweb.com/inquiry&RW0001583436/buying
ReportsWeb.com
Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com
Source: EmailWire.com
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