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Southeast Asia Fire Sprinkler Heads Market Size 2022, Top Companies Analysis, Trends, Business Model, Forecast by 2027
By:
EIN Presswire
September 15, 2022 at 04:43 AM EDT
Southeast Asia Fire Sprinkler Heads Market Overview:
The Southeast Asia fire sprinkler heads market size reached US$ 232.9 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 312.8 Million by 2027, exhibiting a growth rate (CAGR) of 5.1% during 2022-2027. A fire sprinkler head refers to a type of gear utilized in fire safety and prevention systems. These heads are connected to a network of pipes in the walls and ceilings and protect rooms, hallways, and stairwells from fire-related incidents. Fire sprinkler heads have heat-sensitive components, such as a fusible link or a glass bulb, which get activated at a specific temperature.
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Southeast Asia Fire Sprinkler Heads Market Trends:
The growing concerns towards damages and losses due to fires and the rising need for fire safety mechanisms are driving the demand for fire sprinkler heads across Southeast Asia. Additionally, the increasing product demand from the oil and gas industry is also acting as a growth-inducing factor. Besides this, the implementation of strict regulations by various government bodies in the region and elevating preventive measures pertaining to the safety of individuals are further catalyzing the market growth. Apart from this, numerous technological advancements, including thermal radiation technology that allows quick detection of fires, are expected to fuel the demand for fire sprinkler heads in Southeast Asia over the forecasted period.
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Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Product Type, End User, Country
Competitive Landscape:
Rapidrop Global Ltd
Reliable Automatic Sprinkler Co.Inc
Tyco International
United Technologies Corporation
Victaulic Company
Minimax-Viking
Senju Sprinkler, etc.
Market Breakup by Product Type:
Pendent
Upright
Side Wall
Concealed
Market Breakup by End User:
Commercial
Industrial
Residential
Breakup by Country:
Australia
Indonesia
Philippines
Vietnam
Malaysia
Singapore
Thailand
New Zealand
Myanmar
Cambodia
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Key highlights of the report:
Market Performance (2016-2021)
Market Outlook (2022-2027)
Market Trends
Market Drivers and Success Factors
The Impact of COVID-19 on the Global Market
Value Chain Analysis
Structure of the Global Market
Comprehensive mapping of the competitive landscape
China Fire Sprinklers Market: https://www.imarcgroup.com/china-fire-sprinklers-market
India Fire Sprinklers Market: https://www.imarcgroup.com/india-fire-sprinklers-market
Latin America Fire Sprinklers Market: https://www.imarcgroup.com/latin-america-fire-sprinklers-market
Europe Fire Sprinklers Market: https://www.imarcgroup.com/europe-fire-sprinklers-market
United States Fire Sprinklers Market: https://www.imarcgroup.com/united-states-fire-sprinklers-market
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Elena Anderson
IMARC Services Private Limited
+ 16317911145
email us here
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