Fire Sprinkler Systems Market in APAC 2016-2020

Outlook of the fire sprinkler systems market in APAC

According to the market research analysts at Technavio, the fire sprinkler market in APAC is expected to witness tremendous growth and will post a staggering CAGR of more than 14% over the forecast period. The increasing average global temperature due to carbon emissions, a by-product of fires has raised a serious concern for governments across the world. In addition to carbon emissions, fires can also cause non-carbon contamination, such as contamination of water and soil from the deposition of fire wastes, contamination from water runoff containing toxic products used in rescuing, and other such environmental discharges from burned materials. The reduction of carbon emission is of prime importance in many countries, which will lead to a subsequent reduction in fire accidents. In order to reduce fire accidents, precautionary measures such as fire protection systems in buildings, warehouses, and manufacturing plants is a must. The increasing need for fire protection systems will boost the sales of the fire sprinkler systems in the coming years.

One of the upcoming trends gaining traction in the market is the increasing use of HI-FOG technology to suppress the fire. HI-FOG technology based sprinkler system is an innovative fire sprinkler system developed by Marioff, a UTC company. The technology is widely accepted and is very efficient as it uses less water than the conventional fire sprinkler systems. It is based on the fast evaporation of water, which cools down the flames and gases surrounding the fire and locally displaces oxygen. Water mist systems work more effectively than the regular fire sprinkler systems because of the size of the water droplet. These systems produce smaller water droplets than the traditional fire sprinkler systems. Smaller water droplets are efficient in suppressing fires due to the larger total surface area available for evaporation and heat extraction. Moreover, water mist systems require a significantly lesser amount of water than the conventional water sprinklers, leading to its augmented adoption in the coming years.

Competitive landscape and key vendors

The fire sprinkler market in APAC is highly fragmented owing to a strong presence of global and regional vendors. The vendors compete on the basis of price, product capacity, product line, training, support, and delivery, and the relative importance of these factors varies depending on project complexity. Many international manufacturers are expanding their presence into developing countries, including India and China to benefit from the availability of low cost labor and to cater to the demand from the local markets.  

Key vendors in this market are -

• APi Group 
• Siemens
• Tyco
• UTC

Other prominent vendors in the market include Hirotec Maintenance, Honeywell, Indigo Piping Systems, Innovative Fire Service, Newsound Fire Services, Brien Fire Protection, P&R Fire Services, Precision Fire Protection Services, Red Men Fire Protection, Superior Fire Solutions, and United Fire Protection.

Product segmentation and analysis of the fire sprinkler market in APAC

• Wet fire sprinkler systems
• Dry-pipe fire sprinkler systems
• Deluge fire sprinkler systems
• Pre-action fire sprinkler systems

The wet fire sprinkler systems are the most commonly used sprinkler systems in APAC and dominated the market during 2015. They are widely used in residential buildings, eating and drinking establishments, hotels and motels, academic institutions, and other places. The rapid development of emerging economies in the region such as China, India, Indonesia, and Singapore has led to an increase in construction investment in APAC, which will indirectly translate into the demand for wet fire sprinkler systems over the next four years.

Key questions answered in the report include

• What will the market size and the growth rate be in 2020?
• What are the key factors driving the fire sprinkler market in APAC?
• What are the key market trends impacting the growth of the fire sprinkler market in APAC?
• What are the challenges to market growth?
• Who are the key vendors in the fire sprinkler market in APAC?
• What are the market opportunities and threats faced by the vendors in the fire sprinkler market in APAC?
• What are the trending factors influencing the market shares of APAC?
• What are the key outcomes of the five forces analysis of the fire sprinkler market in APAC?

Technavio also offers customization on reports based on specific client requirement.

Related reports:

• Global Fire Sprinklers Market 2016-2020
• Global Fire and Gas Detection System Market 2016-2020
• Global Fire Extinguisher Market 2015-2019
• Global Fire-resistant Glass Market 2016-2020

A fire sprinkler system is a water supply system that provides adequate pressure to the water distribution piping system. Such water sprinkler systems are installed on the recommendation of the insurance companies to curtail a potential business damage or loss of property. It is mandatory for buildings having more than 100 people or places where people stay the night, such as hotels, nursing homes, dormitories, and hospitals, to be equipped with automatic fire sprinkler system under local building codes. When activated during a fire, sprinkler systems can reduce property damages by nearly 70%. Also, fire sprinkler systems minimize wastage of water by about 90%.

The report, fire sprinkler market in APAC, is a part of Technavio’s new research areas portfolio. This portfolio provides a comprehensive market analysis along with the market share, market sizing, and market segmentations covering areas such as agricultural equipment, furniture and home furnishing, health and wellness, home kitchen and large appliances, lab equipment, and outdoor gear. These market research reports provide a perspective on the various market opportunities and market threats along with the key trends that would influence the market growth during the forecast period. It presents insights into the changing competitive landscape and a detailed profiling and market analysis of the vendors. Also covered in the research are the key regions or countries that would have an impact on the market during the assessment years.