Automatic Fire Sprinkler Market 2022
As the Automatic Fire Sprinkler Systems Market rapidly expands, it is becoming increasingly important for businesses to understand the various benefits of installing these systems in their establishments. Automatic fire sprinkler systems are designed to extinguish or contain a fire in its early stages, often before the fire department arrives on the scene. This can save lives, protect property, and minimize business interruption. Automatic fire sprinkler systems are also known to reduce insurance premiums.
Automatic Fire Sprinkler Systems Market Segmented By type such as Wet Automated Fire Sprinkler Systems used in residential buildings, Dry Automatic Fire Sprinkler Systems used in the cold weather region, Deluge and Pre-action Sprinklers Systems.
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In order to fully understand all of the benefits that automatic fire sprinkler systems offer, it is important to first have a basic understanding of how they work. Automatic fire sprinklers are activated by heat sensors which detect the presence of a flame. Once activated, these systems release water through nozzles throughout the area affected by the fire. The water droplets are so small that they quickly evaporate and create a cooling effect, suppressing the flames.
There are many factors to consider when deciding whether or not to install an automatic fire sprinkler system in your business establishment. The cost of installation and maintenance should be weighed against potential losses that could occur without such a system in place.
In the past automatic fire sprinkler system were only used in commercial building or factories to protect properties or potential business loss. Recently, automatic fire sprinkler system has gained its important in hotels, motels, residential buildings and other similar institution.
According to working system automatic fire sprinkler system can be bifurcated into wet (used in residential buildings), dry (used in the cold weather region), deluge and pre-action sprinklers systems. Commercial and residential are the major end-users of automatic fire sprinklers systems. Other end-users include hotels, motels, nursing homes, dormitories, hospitals and other similar institutions.
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Key Players-
The market for automatic fire sprinkler systems is dominated by North America, with Europe and Asia-Pacific following. North America is anticipated to continue to rule during the anticipated time frame. More than one third of the global market is accounted for by the U.S. market, which is also the largest market globally. Double digit growth is anticipated in the Asia-Pacific area in the near future. The market for Asian automated fire sprinkler systems may grow as a result of developing nations like China and India.
The market for automatic fire sprinkler systems is being driven by an increase in the number of fire-related deaths and property losses. The global market is also being driven by government requirements as well as insurance company recommendations to equip commercial, residential, or other similar buildings with suitable fire security systems to prevent loss of property.
In 1990 the U.S. government passed an act “The Hotel and Motel Safety Act” which requires that any hotel, motels, meeting hall and similar places which receives federal monetary benefits (government traveler’s overnight stay or for a conference) must meet the required fire and other safety measures.
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Since then automatic fire sprinklers systems demand has increased in major developed countries. Also, multinational companies who have started their operation in the developing countries such as India and China might demand better fire security system. This may further increase the demand for automatic fire sprinklers system.
Key Stakeholders
Automatic Fire Sprinkler Market Manufacturers
Automatic Fire Sprinkler Market Distributors/Traders/Wholesalers
Automatic Fire Sprinkler Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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