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Fire Sprinkler Systems Market in APAC 2016-2020

  • Published: Aug 2016
  • Pages: 59
  • SKU: IRTNTR9750
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This market research report identifies APi Group, Siemens, Tyco, and UTC as some of the leading players in the fire sprinkler systems market in APAC. This report also presents a competitive analysis of the market by product such as wet fire sprinkler system, dry-pipe fire sprinkler system, deluge fire sprinkler systems, and pre-action fire sprinkler systems.

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?

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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.

Table of Contents

PART 01: Executive summary

  • Highlights

PART 02: Scope of the report

  • Market overview
  • Geographical segmentation
  • Vendor segmentation
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights
  • Fire statistics

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Fire sprinkler systems market in APAC: Key countries
  • Five forces analysis

PART 06: Market segmentation by product

  • Wet fire sprinkler systems market in APAC
  • Dry-pipe fire sprinkler systems market in APAC
  • Deluge fire sprinkler systems market in APAC
  • Pre-action fire sprinkler systems market in APAC

PART 07: Market drivers

PART 08: Impact of drivers

PART 09: Market challenges

PART 10: Impact of drivers and challenges

PART 11: Market trends

PART 12: Vendor landscape

Other prominent vendors

PART 13: Key vendor analysis

  • APi group
  • Siemens
  • Tyco
  • UTC

PART 14: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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