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(Transportation-News.com, April 22, 2017 ) According to Publisher, the Global Fire Sprinkler market is accounted for $8.19 billion in 2015 and is expected to reach $16.24 billion by 2022 growing at a CAGR of 10.2% from 2015 to 2022. Factors such as implementation of Health Safety and Environment (HSE) operations, automation in commercial buildings and growing environmental concerns will drive the market growth. However, the high cost of retrofitting fire sprinklers, high installation cost of wet pipe systems and the lack of cohesion in system interfaces are restraining the market growth. Further, government regulations and awareness regarding fire sprinklers application will provide ample opportunity for the market to grow.
For more information about this report: http://www.reportsweb.com/fire-sprinkler-global-market-outlook-2016-2022
The wet pipe fire sprinklers segment is anticipated to witness largest share of the market during the forecast period. North America commanded the largest market share followed by Europe. Asia Pacific is projected to grow at the highest CAGR during the forecast period due to expansion of the construction and real estate sectors.
Some of the key players in global Fire Sprinkler market are API Group Inc., Johnson Controls Inc., Robert Bosch GmbH, Century Fire Sprinklers, Cosco Fire Protection, DIBOCO Fire Sprinklers, Globe Fire Sprinklers, Prairie Fire Sprinklers, REDA Fire & Safety, Koorsen Fire and Security, Siemens AG, Honeywell International, Inc., Rollins Fire Sprinklers, Hochiki Corporation, Minimax GmbH & Co KG,VTMAK, Tyco International, United Technologies, Plimsoll Fire Sprinkler Systems and Wayne Automatic Fire Sprinklers.
Applications Covered:
- Industrial
Manufacturing
Mining
Energy and Power
Transportation and Logistics
Oil and Gas
- Residential
- Commercial
Hospitality
Banking, Financial Services, and Insurance (BFSI)
Consumer Goods and Retail
Academia and Institutional
Healthcare
- Other Applications
Products Covered:
- Wet Sprinkler System
- Deluge Sprinkler System
- Dry Sprinkler System
- Pre-Action Sprinkler System
- Other Products
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Services Covered:
- Installation and Design
- Inspection
- Management
- Engineering Services
Technologies Covered:
- Active Fire Protection (AFP)
- Passive Fire Protection (PFP)
Components Covered:
- Alarm Valve
- Fire Sprinkler Head
- Stop Valve
- Motorized Alarm Bell
- Alarm Test Valve
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
France
Italy
UK
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
Rest of Asia Pacific
- Rest of the World
Middle East
Brazil
Argentina
South Africa
Egypt
Company Profiling
12.1 API Group Inc.
12.2 Johnson Controls Inc.
12.3 Robert Bosch GmbH
12.4 Century Fire Sprinklers
12.5 Cosco Fire Protection
12.6 DIBOCO Fire Sprinklers
12.7 Globe Fire Sprinklers
12.8 Prairie Fire Sprinklers
12.9 REDA Fire & Safety,
12.10 Koorsen Fire and Security
12.11 Siemens AG
12.12 Honeywell International, Inc.
12.13 Rollins Fire Sprinklers
12.14 Hochiki Corporation
12.15 Minimax GmbH & Co KG
12.16 VTMAK
12.17 Tyco International
12.18 United Technologies
12.19 Plimsoll Fire Sprinkler Systems
12.20 Wayne Automatic Fire Sprinklers
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ReportsWeb.com
Priya Sisodia
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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