Fire Sprinkler Systems - Global Industry Analysis and Forecast to 2020

Fire sprinkler system is used as one of fire protection measure. Fire sprinkler system consists of water supply system, providing required pressure and flow to the water distribution piping system where the fire sprinklers are connected. Sprinklers systems are majorly installed on building codes or on the recommendation of the insurance company to reduce loss of property or potential business damage. Buildings having more than 100 people or place where people stay for overnight such as hotels, nursing homes, dormitories and hospitals are equipped with automatic fire sprinkler system under local building codes.

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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.

North America has the largest market share for automatic fire sprinklers system, followed by Europe and Asia-Pacific. North America is expected to maintain its dominance in the forecasted period. The U.S. market alone holds the largest market globally accounting for more than one third of global market. Asia-pacific region is expected to witness double digit growth in coming future. Developing countries such as India and China may boost the Asian automatic fire sprinklers systems market.

Increasing number of fire related deaths and loss of property is...