Fire Sprinkler Systems Market Analysis APAC, North America, Europe, Middle East and Africa, South America - US, China, India, Germany, Russia - Size and Forecast 2024-2028

Fire Sprinkler Systems Market Forecast 2024-2028

The fire sprinkler systems market size is forecast to increase by USD 8.46 billion, at a CAGR of 13.77% between 2023 and 2028. The market's growth hinges on various factors, notably the reduced expenditure on insurance, heightened governmental backing for fire sprinkler installation, and an upsurge in infrastructure development. The declining insurance costs encourage businesses and homeowners to invest in fire safety measures like sprinklers, aligning with governmental initiatives that incentivize and regulate these installations. Simultaneously, the growing infrastructure projects globally necessitate enhanced safety protocols, contributing to the demand for fire protection systems. This convergence of reduced insurance outlays, supportive policies, and infrastructure expansion underscores a pivotal moment for the fire sprinkler market, fostering innovation and widespread adoption of fire safety technologies. Our report examines historic data from 2018 to 2022, besides analyzing the current market scenario.

What will be the size of the Market During the Forecast Period?

Market Forecast 2024-2028

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Market Dynamic

The market is driven by rapid urbanization leading to increased construction of commercial buildings, residential buildings, and industrial facilities. Initiatives like the European Union's Green Deal drive demand for energy-efficient buildings with advanced fire suppression systems and smoke detection technologies. However, challenges such as fire-related incidents and property damage persist, necessitating stringent government regulations like NFPA13. Meeting these challenges requires continuous technological advancements in water distribution patterns, compressed air, and nitrogen-based apparatus, exemplified by innovations from companies like AGF Manufacturing with products like the M5400A Auxiliary Drains.

Key Market Driver- Rise in development of infrastructure

Emerging economies, such as India and China, have witnessed a rapid increase in the urban population over the past decade. The increase in the global urban population has propelled infrastructure construction activities such as the construction of residential buildings, roads, malls, and commercial properties. Urban areas have been expanding, in terms of area and height, with the growth in the urban population. The construction of high-rise buildings is encouraging fire sprinkler system manufacturers to respond to the increasing demand from the construction sector. These are essential devices at residential homes and buildings, restaurants, hotels and motels, and educational institutions. Even a small fire can be very hazardous to the people in these commercial spaces, owing to high footfall.

For instance, a fire accident at Delhi Coaching Institute resulted in the death of 22 students in June 2023. The government asked all the commercial spaces to strictly comply with fire safety standards after the incident. Thus, the growing number of fire incidents will drive the demand for fire sprinkler device, which, in turn, is anticipated to drive the growth of the market in focus during the forecast period.

Significant Market Trends- Augmented use of deluge systems 

Conventional fire systems are now being replaced with next-generation deluge systems. A deluge is an open nozzle, which means all nozzles within the fire area are opened simultaneously. The triggering of the deluge system releases larger amounts of water, thereby making it easier to extinguish the fire. Deluge systems are increasingly being adopted in industrial facilities, owing to their effectiveness in extinguishing fires. A deluge system does not use a pipe with pressurized air. The water supply is provided through a deluge valve that opens automatically to detect smoke and heat. The detection system is installed in the same area as sprinklers.

Moreover, with the growing adoption of deluge apparatus, the need for wet and dry fire sprinkler systems will slowly be replaced. These apparatus adopt open nozzles that have a large coverage area while extinguishing a fire. This will further lower the demand for fire sprinklers. Therefore, the adoption and incorporation of next-generation deluge systems will have a positive impact on the market during the forecast period.

Major Market Challenge - Threat of substitutes

The threat of substitutes in the market is high, mainly originating from the threat of fire suppression systems. Though the fire protection systems are similar, their working mechanisms are entirely different. The main difference between the two systems is that fire sprinkler systems use just water to douse or control the fire, whereas fire suppression systems use chemical, gaseous, or foam agents to suppress the fire. Despite their differences, the purpose of both fire sprinkler systems and fire suppression systems is to control or extinguish a fire.

Moreover, based on the type of fire hazard and code requirements, there is a fire sprinkler or fire suppression system solution to fit your facility's needs. This lack of demarcation leads to a high threat of substitutes to the global market during the forecast period. 

Market Segmentation by Product, End-user and Region

The market encompasses a wide array of segments tailored to various industries and settings, all aimed at preventing fire-related incidents and minimizing property damage. One crucial aspect of this market is the component segment, which focuses on the essential building blocks of fire protection systems.In terms of product segment, the market includes fire suppression systems such as gas-based suppression systems and advanced smoke detection technologies. These systems leverage technological advancements to detect and suppress fires effectively, contributing to improved safety measures.The water distribution patterns play a vital role in fire protection, especially in wet-pipe sprinkler systems and dry-pipe sprinkler systems commonly used across different sectors. These systems are integral in the commercial sector, encompassing commercial buildings, hospitality, retail, healthcare, and office spaces, among others.

Product Segment Analysis: 

The market share growth by the deluge fire sprinkler systems segment will be significant during the forecast period. In deluge segment, the pipe system is empty until the deluge valve operates to dispense pressurized water from sprinklers. Due to the installation of additional parts, this segment are more complex than wet and dry pipe systems. Deluge fire sprinklers are deployed in buildings and industrial parks.  

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The deluge fire sprinkler systems segment was the largest and was valued at USD 2.50 billion in 2018. The market is witnessing an increase in demand from industries such as aviation (aircraft hangars), power plants, and chemicals (chemical storage and processing). These segments are also used for exterior protection of high-value equipment crucial to the continuity of business operations such as high-value or long-lead-time-to-replace equipment. Thus, the growing demand for such segments in the end-user segment is expected to drive the growth of the deluge system segment of the market in focus during the forecast period.

 End-user Analysis 

Based on end-user, the market has been segmented into commercial, industrial, and residential. The commercial segment will account for the largest share of this segment.?  The commercial sector includes office setups, shopping malls, airports, and hotels. The growth of construction activities will have a positive impact on the installation of fire sprinklers during the forecast period. In addition, another factor that will contribute to the growth in demand for fire sprinklers is the growing cruise industry, owing to the increased number of people opting for cruise travel as well as increased investments in the industry. This investment is expected to grow during the forecast period. The overall growth of the commercial sector will contribute to the new and retrofit demand for fire sprinklers during the forecast period, which in turn will drive the commercial segment of the market during the forecast period. 

Regional Analysis

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APAC is estimated to contribute 48% to the growth by 2028. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period.  Rising investments in the real estate sector will boost the adoption of this in APAC. The construction market is at its peak in this region; economies are in constant demand for infrastructure projects, excelling in both quality and quantity. In APAC, the major contribution to infrastructural development is anticipated to arise from India and China. The real estate industry is growing in developing countries such as China and India in APAC. Investments are driven by infrastructure development, especially in the residential sector. A large number of people are likely to shift to urban dwellings in the next decade, leading to rapid urbanization and infrastructure developments. 

In addition, rapid urbanization in most APAC countries, including India, China, Australia, and Japan, has led to growth in the construction market in APAC. With the growing corporate sector in APAC, corporate and office spaces are being filled at a rapid rate in Hong Kong, Bangkok, Shanghai, Dubai, Bengaluru, Tokyo, Beijing, Singapore, and Mumbai, among other cities. The expansion of the corporate sector in the region will facilitate the sales of fire sprinklers, thereby driving the regional market during the forecast period.

Who are the Major Market Companies?

Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

AI Fire LLC - The company offers products such as wet sprinkler systems and dry sprinkler systems.

We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:

AI Fire LLC, API Group Corp., Cox Fire Protection Inc., Fields Fire Protection, G.w. Sprinkler A S, Grundfos Holding AS, HD Fire Protect Pvt. Ltd., HOCHIKI Corp., Honeywell International Inc., Johnson Controls International Plc, Kauffman Co., Midwest Automatic Fire Sprinkler Co., Minimax GmbH, NAFFCO FZCO, Pryor Automatic Fire Sprinkler Inc., Siemens AG, Siron Fire Protection, The Reliable Automatic Sprinkler Co. Inc., Victaulic Co., and SFP Holding, Inc.

Technavio report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.  

Segment Overview

The market report forecasts market growth by revenue at global, regional & country levels and provides a market growth analysis of the latest trends and growth opportunities from 2018 to 2028. 

• Product Outlook 
  • Deluge fire-sprinkler system
  • Wet pipe fire-sprinkler system
  • Pre-action fire-sprinkler system
  • Dry pipe fire-sprinkler system

•  End-user Outlook 
  • Commercial
  • Industrial
  • Residential

• Region Outlook 
  • North America
    • The U.S.
    • Canada
  • South America
    • Chile
    • Brazil
    • Argentina 
  • Europe
    • The U.K.
    • Germany
    • France
    • Rest of Europe
  • APAC
    • China
    • India
  • Middle East & Africa
    • Saudi Arabia
    • South Africa
    • Rest of the Middle East & Africa

Market Analyst Overview

The market is witnessing significant growth due to various factors in the urbanization process. With a surge in commercial buildings and the European Union's (EU) Green Deal initiative emphasizing energy-efficient buildings, the market has experienced a notable upswing. This growth is further fueled by rising concerns over fire-related incidents and property damage, prompting increased investment in fire protection measures. Technological advancements in gas-based suppression systems and smoke detection technologies have also contributed to market expansion. The manufacturing industry is a significant consumer of fire protection solutions due to the presence of valuable assets and the potential for fire hazards. In such settings, a reliable water supply system is critical to ensure an adequate water source for firefighting operations. Fire protection systems are designed to combat flames, the primary manifestation of fires. Various sprinkler systems, including the wet pipe sprinkler system, dry pipe sprinkler system, deluge sprinkler system, and pre-action sprinkler system, are tailored to specific environments and fire risks.

Moreover, key components like wet-pipe sprinkler systems, dry-pipe sprinkler systems, deluge sprinkler systems, and pre-action sprinkler systems are witnessing high demand across various industries. These industries include the hospitality sector, retail industry, healthcare facilities, manufacturing plants, and data centers. Additionally, stringent government regulations regarding fire safety and water supply systems are driving the adoption of advanced fire sprinkler solutions. In terms of hazard types, the market caters to light hazard, ordinary hazard, and high hazard environments, ensuring tailored fire protection for diverse settings such as educational institutes, hotels, banks, government buildings, and sports complexes. Companies like AGF Manufacturing with innovative products like M5400A Auxiliary Drains play a crucial role in enhancing fire safety measures. Overall, the fire market continues to evolve with a focus on efficient and comprehensive fire protection solutions across various sectors.

Furthermore, the European Union (EU) has played a significant role in shaping the Fire Protection Market, particularly in terms of regulations and standards such as NFPA13. This has led to advancements in water distribution patterns and components used in fire protection systems. Among the key components are wet-pipe sprinkler systems, known for their simplicity and reliability, and dry-pipe sprinkler systems that are suitable for environments where freezing may occur. Various industries benefit from these fire protection systems, with the hospitality industry, healthcare industry, manufacturing sector, and retail stores & malls being prominent users. In these settings, fire protection systems often rely on compressed air or nitrogen for proper functioning. Water supply systems play a crucial role, ensuring adequate water availability during fire emergencies.

Market Scope
Report Coverage	Details
Page number	172
Base year	2023
Historic period	2018-2022
Forecast period	2024-2028
Growth momentum & CAGR	Accelerate at a CAGR of 13.77%
Market Growth 2024-2028	USD 8.46 billion
Market structure	Fragmented
YoY growth 2023-2024(%)	12.72
Regional analysis	APAC, North America, Europe, Middle East and Africa, and South America
Performing market contribution	APAC at 48%
Key countries	US, China, India, Germany, and Russia
Competitive landscape	Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks
Key companies profiled	AI Fire LLC, API Group Corp., Cox Fire Protection Inc., Fields Fire Protection, G.w. Sprinkler A S, Grundfos Holding AS, HD Fire Protect Pvt. Ltd., HOCHIKI Corp., Honeywell International Inc., Johnson Controls International Plc, Kauffman Co., Midwest Automatic Fire Sprinkler Co., Minimax GmbH, NAFFCO FZCO, Pryor Automatic Fire Sprinkler Inc., Siemens AG, Siron Fire Protection, The Reliable Automatic Sprinkler Co. Inc., Victaulic Co., and SFP Holding, Inc.
Market dynamics	Parent market analysis, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.
Customization purview	If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Market Research Report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the market between 2024 and 2028
• Precise estimation of the market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the market across APAC, North America, Europe, Middle East and Africa, and South America
• A thorough market research and growth analysis of the market’s competitive landscape and detailed information about companies
• Comprehensive market growth and forecasting analysis of factors that will challenge the growth of market companies

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