Southeast Asia Fire Sprinkler Heads Market 2022: Size, Share, Latest Insights, Industry Trends and Analysis by 2027
According to the latest report by IMARC Group, titled “Southeast Asia Fire Sprinkler Heads Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the Southeast Asia fire sprinkler heads market share.
The Southeast Asia fire sprinkler heads market size reached a value of 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.
Fire sprinkler heads are an indispensable component of firefighting systems that are used in prevention devices. They consist of a water supply system connected to a network of pipelines suspended from ceilings or walls of rooms, hallways, and stairways to prevent fire. Fire sprinkler heads discharge water at high pressure through a nozzle when their heat-sensitive parts, such as deflectors, glass bulb, and fusible link, get triggered at a specific temperature. These standard components also prevent seeping by installing anti-drain check valves in sprinkler heads that automatically close when the water supply is turned off.
COVID-19 Impact:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
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Southeast Asia Fire Sprinkler Heads Market Trends:
The market is primarily being driven by the increasing prevalence of fire accidents across various industrial verticals, such as petrochemicals, oil and gas, and mining, along with the growing need for fire safety equipment to reduce the loss of life and property. In line with this, ongoing construction activities and the rising investments in various infrastructural projects across the SEA region have facilitated the widespread adoption of fire sprinklers in residential and commercial complexes, which is propelling the market growth. Moreover, the rising health concerns have prompted regional governments to promote the uptake of various fire extinguishing devices, including sprinkler heads, to meet the safety standards. This, in turn, is acting as another major growth-inducing factor. Additionally, the advent of high-performance sprinkling systems with smoke detection and water mist technologies for preventing the risk of microbiologically influenced corrosion (MIC) in different indoor environments is contributing to the market growth. Furthermore, the shifting consumer inclination toward advanced fire sprinkler heads over conventional fire prevention devices owing to their cost-effectiveness, easy installation, and fast response to smoke or hot temperature is impelling the market growth. Other factors, such as ongoing research and development (R&D) activities and strategic collaborations amongst key players to enhance product efficacy, are creating a positive outlook for the market across the region.
Southeast Asia Fire Sprinkler Heads Market 2022-2027 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the southeast asia fire sprinkler heads market has been studied in the report with the detailed profiles of the key players operating in the market.
Some of these key players include:
Rapidrop Global Ltd
Reliable Automatic Sprinkler Co.Inc
Tyco International
United Technologies Corporation
Victaulic Company
Minimax-Viking
Senju Sprinkler, etc.
Key Market Segmentation:
The report has segmented the southeast asia fire sprinkler heads market on the basis of product type, end-user and country.
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
Impact of COVID-19
Value Chain Analysis
Comprehensive mapping of the competitive landscape
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.
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