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Fire Sprinkler Market Trend, Challenges, by Application, By Product Type, Key Benefits for Stakeholders and Key Market Players Nutrien, Yara International, Sociedad Quimica Y Minera De Chile SA, Scotts Miracle Gro, Compo GmbH & Co. KG Growth, and Forecast (2019 - 2025)

 Technology

Report Overview

GLOBAL FIRE SPRINKLER MARKET was valued at USD XX Billion in the year 2018. Global Fire Sprinkler Market is further estimated to grow at a CAGR of XX% from 2019 to reach USD XX Billion by the year 2024.

North America region holds the highest market share in 2018 and also considered as the fastest growing market in the forecasted period. At a country level, developed markets like the U.S. holds the notable market share in 2018 and it is projected to grow at a gradual rate in the coming years.

Siemens AG, Johnson Controls, Inc., API Group, Inc., Honeywell International, Inc., Tyco, Hochiki Corporation, VT MAK, Robert Bosch GmbH, Minimax GmbH & Co. KG, United Technologies Corporation are some of the key players in the Fire Sprinkler Market with Honeywell International, Inc. holding the substantial market share because of its better technological advancements and global reach. Technological upgradation to cater changing demand of end users, similarly growth strategies such as acquisition & merger were few techniques adopted by most of the top players in last 5 years.

Drivers:

Trend of smart building automation system in developing countries.

Restraints:

            Insufficiency in integrity of application interfaces.

Opportunities:

            Increase in policies of safety standards and awareness and benefits of installing fire sprinkler.

Challenges:

            Design and maintenance of fire sprinklers.

Segmentation done on the basis of product Type includes Pre-Action Sprinkler System, Deluge Sprinkler System, Dry Sprinkler System and Wet Sprinkler System of which Pre-Action Sprinkler System is expected to hold the highest market share during the forecast period. On the other hand, segmentation done on the basis of service Type includes Installation and Design, Inspection and Managed Services, Engineering Services and Maintenance Services of which Installation and Design segment is expected to grow at the XX% CAGR during the forecast period.

Key Benefits for Stakeholders

Fire Sprinkler, Component manufacturers,

Oil and gas manufacturers,

Mining and transportation industry,

Industry associations and experts,

Raw material suppliers for fire sprinkler manufacturers,

The manufacturing industry as an end-user, traders, distributors, and suppliers of fire sprinklers.

By Product Type

Pre-Action Sprinkler System

Deluge Sprinkler System

Dry Sprinkler System

Wet Sprinkler System

By Service Type

Installation and Design

Inspection and Managed Services

Engineering Services

Maintenance Services

By Component Type

Alarm Valve

Alarm Test Valve

Fire Sprinkler Head

Stop Valve 

Motorized Alarm Bell

By Application

Industrial Applications

Residential Applications

Commercial Applications

By Region

North America

Europe

Asia-Pacific

RoW

Key Market Players

Siemens AG

Johnson Controls, Inc.

API Group, Inc.

Honeywell International Inc.

Tyco

Hochiki Corporation

VT MAK

Robert Bosch GmbH

Minimax GmbH & Co. KG

United Technologies Corporation

(Another brief information of 10 companies will provided in report)

Research Methodology:

Genesis Market Insights follows in-depth Research Methodology focused on reducing deviation in the collected data. GMI offers the most precise evaluations and projection for the market numbers. GMI engages following Market Engineering techniques –

  1. Raw Market Data is collected and compared with the Existing in-house Data on a broad front.
  2. Both Bottom-Up and Top-Down approaches are analyzed for segmenting and estimating measurable aspects of the market.
  3. To avoid bias, we filter the collected data collected from authenticated sources.
  4. GMI has a well proven Statistical Modeling System for estimates and forecasts.
  5. Further, the report findings are validated with the Industry Expert Panel on face to face or telephonic interviews.

Panelists are approached from Leading Enterprises across the value chain including manufacturers, suppliers, technology providers, domain experts and buyers so as to validate a thorough and balanced market overview.

Detailed customization is also available for you. Further, if the report listed above does not meet with your key requirements. Our customized research report will analytically cover the required market information you need which will help you to plan your business decisions.

Table Of Content

1. Introduction

1.1 Market Vision

       1.1.1 Market Definition

       1.1.2 Market Scope

1.2 Limitations

1.3 Stakeholders

2. Research Methodology

2.1. Research Process

       2.1.1. Secondary Research

             2.1.1.1. Key Data from Secondary Research

       2.1.2. Primary Research

             2.1.2.1. Key Data from Primary Research

             2.1.2.2. Breakdowns of Primary Interviews

2.2. Market Size Estimation

       2.2.1. Bottom-Up Approach

       2.2.2. Top-Down Approach

       2.2.3. Annual Revenue Process

2.3. Data Triangulation 

2.4. Research Assumptions 

       2.4.1. Assumption

3. Executive Summary

4. Market Overview

4.1. Introduction

4.2. Drivers

4.3. Restraints

4.4. Opportunities

4.5. Challenges

4.6. Regulations

4.7. Supply Chain/Value Chain Analysis

4.8. Patent & Standards

5. Industry Trends

5.1. Introduction

5.2. Porter’s Five Forces Analysis

       5.2.1. Threat of New Entrants

       5.2.2. Threat of Substitutes

       5.2.3. Bargaining Power of Buyers

       5.2.4. Bargaining Power of Suppliers

       5.2.5. Intensity of Competitive Rivalry

6. Fire Sprinkler Market, By Product Type

6.1. Pre-Action Sprinkler System

6.2. Deluge Sprinkler System

6.3. Dry Sprinkler System

6.4. Wet Sprinkler System

7. Fire Sprinkler Market, By Service Type

7.1. Installation and Design,

7.2. Inspection and Managed Services

7.3. Engineering Services

7.4. Maintenance Services

  1. Fire Sprinkler Market, By Component Type

8.1. Alarm Valve

8.2. Alarm Test Valve

8.3. Fire Sprinkler Head

8.4. Stop Valve 

8.5. Motorized Alarm Bell

9. Fire Sprinkler Market, By Application

9.1. Industrial Applications

9.2. Residential Applications

9.3. Commercial Applications

10. Geographical Analysis

10.1. Introduction

10.2. North America

       10.2.1. U.S.

       10.2.2. Canada

       10.2.3. Mexico

10.3. Europe

       10.3.1. U.K.

       10.3.2. Germany

       10.3.3. Russia

       10.3.4. RoE

10.4. Asia Pacific

       10.4.1. South Korea

       10.4.2. Japan

       10.4.3. China

       10.4.4. RoAPAC

10.5. RoW

       10.5.1. South Africa

       10.5.2. Middle East

11. Company Profiles

(Business Overview, Financial Overview, Product write Up, Recent Developments)

11.1. Siemens AG

11.2. Johnson Controls, Inc.

11.3. API Group, Inc.

11.4. Honeywell International, Inc.

11.5. Tyco

11.6. Hochiki Corporation

11.7. VT MAK

11.8. Robert Bosch GmbH

11.9. Minimax GmbH & Co. KG

11.10. United Technologies Corporation

(Another brief information of 10 companies will provided in report)

12. Competitive Analysis

12.1. Introduction

12.2. Market Positioning of Key Players

12.3 Competitive Strategies Adopted by Leading Players

        12.3.1. Investments & Expansions

        12.3.2. New Product Launches

        12.3.3. Mergers & Acquisitions

        12.3.4. Agreements, Joint Ventures, and Partnerships

13. Appendix

13.1. Questionnaire

13.2. Available Customizations 

13.3. Upcoming Events (Trade Fair, Exhibitions, Conferences)

Summary

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