According to a new report by Expert Market Research titled, “United States Fire Sprinklers Market Share, Size, Report and Forecast 2024-2032″, the United States fire sprinklers market reached a value of about USD 5.45 billion in 2023. Aided by rising application in construction sector and technological advancements and product developments, the market is projected to further grow at a CAGR of 10.10% between 2024 and 2032 to reach a value of nearly USD 9.68 billion by 2032.
Fire sprinklers are an integral component of the modern passive fire protection system. Engineered to detect and counteract fire by discharging water when the effects of a fire have been detected, like when a predetermined temperature has been exceeded, these sprinklers have become ubiquitous in commercial, residential, and industrial edifices across the United States. Beyond the primary safety function, fire sprinklers also help in significantly reducing property damage during fire incidents.
Both public and private sectors are integrating advanced fire safety mechanisms due to growing safety concerns, thereby driving the United States fire sprinklers market growth. Moreover, the relentless surge in construction activities, especially in urban areas, has augmented the demand for state-of-the-art fire protection systems, thereby amplifying the market growth.
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Technological advancements stand at the nexus of the market’s expansion. The contemporary market showcases dozens of innovations like smart sprinklers integrated with IoT, eco-friendly sprinkler systems, and water-efficient models. These innovations, backed by rigorous research and development, are resonating with the contemporary needs of the consumers, further bolstering the United States fire sprinklers market demand.
Regulatory impositions have also created a significant impact on the market growth trajectory. Federal and state laws have increasingly advocated for the mandatory integration of fire sprinklers in both residential and commercial structures. These regulations, aimed at minimising casualties and property damage, have been a significant catalyst boosting the United States fire sprinklers market size.
With rapid urbanisation, growing construction activities, and increasing focus on safety, the market’s future appears promising. As architects, developers, and governments take combined efforts towards developing safer structures, the demand for fire sprinkler systems in the United States is likely to grow. The United States fire sprinklers market analysis makes it evident that the sector stands on the pillars of technological advancements, regulatory imperatives, and safety standards.
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Market Segmentation
The market can be divided based on component, fire sprinkler type, service, application, and region.
Market Breakup by Component
• Fire Sprinklers Structures
o Pipe
o Valves and Fittings
o Sprinklers Head
o Others
• Fire Response System
o Fire Alarm Devices
o Lightening
o Voice/Public Alert
o Secure Communication
• Fire Detector and Control Panels
• Fire Suppression Reagent
o Water
o Foam
o Gas
o Chemical
Market Breakup by Fire Sprinkler Type
• Wet Sprinkler System
• Dry Sprinkler System
• Pre-action Sprinkler System
• Deluge System
• Others
Market Breakup by Service
• Installation/Design
• Maintenance and Managed
• Engineering and Fabrication
• Others
Market Breakup by Application
• Commercial
• Industrial
o Manufacturing
o Oil and Gas
o Energy and Power
o Healthcare
o Transportation and Logistics
o Mining
o Others
• Residential
Market Breakup by Region
• New England
• Mideast
• Great Lakes
• Plains
• Southeast
• Southwest
• Rocky Mountain
• Far West
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the United States fire sprinklers market. Some of the major players explored in the report by Expert Market Research are as follows:
• American Fire Protection Group, Inc.
• American Fire Systems, Inc
• Western States Fire Protection.
• United States Alliance Fire Protection, Inc.
• Johnson Controls
• Others
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