Market Overview:
The global alarm valves market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the alarm valves market can be attributed to the increasing demand for fire protection systems in commercial and residential buildings. Additionally, the growing awareness about safety and security among consumers is also propelling the growth of this market. The global alarm valves market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into dry type and wet type alarms valves. Dry type alarms are more popular among consumers as they are less prone to corrosion and damage caused by water leakage than wettype alarms. On the basis of application, it can be classified into hotels & motels, manufacturing facilities, high-rise apartment buildings, high-rise office buildings,,and others (government institutions etc.). Among these applications,,high-rise apartment buildings segment is expected to witness highest growth during forecast period owing to increasing construction activities across globe.Regionally,.the global alarm valves market can be segmented into North America,.Latin America,.Europe.,Asia Pacific.,and Middle East & Africa.Among these regions,.
Product Definition:
An alarm valve is a type of valve that is used to warn people of an emergency. It is important because it helps to keep people safe by warning them of danger.
Dry Type:
Dry type alarm valves are used in places where it is not desirable to use wet type. These devices operate on the principle of a simple mechanical interlock, which prevents the flow of water when closed and allows it only when an open position is commanded by a downstream pressure-sensitive valve. The dry type can be further classified into globe, stem, and plug types depending upon their external configurations.
Wet Type:
The wet type is a sensing device used in alarm and safety systems to detect the presence, position, and flow of liquid. It can be used for water or oil based substances. The technology has evolved over time with innovations such as multilayer ceramic sensors that are more accurate than traditional devices.
Application Insights:
The manufacturing facilities segment dominated the global alarm valves market in 2017 and is expected to witness significant growth over the forecast period. This can be attributed to increasing industrialization in developing countries, such as China and India. In addition, stringent government regulations on safety are driving the manufacturers of industrial automation equipment to develop products that comply with these standards. These factors are projected to drive demand for alarms valves from 2018 through 2030.
Hotels and motels application segment accounted for more than 25% share of the overall revenue in 2017 owing to growing investments by international hotel chains into new properties across various regions including Asia Pacific, Middle East & Africa, Europe, North America Latin America. Growing tourism industry has resulted in increased construction of new hotels which has subsequently led to an increase in demand for alarms systems that can ensure safe closure of doors at a hotel or motel site without fail every time before morning breakfast rush hour begins at 5:00am sharp (or earlier).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with the U.S. being the major revenue contributor and Canada being a strong second place finisher in North America’s alarm valves industry. Europe also had a good showing in terms of demand for alarms, which bodes well for its future growth prospects as well.
The Middle East & Africa was another promising regional segment that registered healthy gains during last few years due to increased focus by various governments on developing social infrastructure such as hospitals, schools & colleges, airports etc.
Growth Factors:
- Increasing demand for alarm valves in oil and gas industry for safety purposes
- Rising awareness about the benefits of alarm valves in various industries
- Growing investments in research and development to develop new and innovative alarm valves
- Technological advancements that have led to the development of smart alarm valves
- Increasing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Alarm Valves Market Research Report
By Type
Dry Type, Wet Type
By Application
Hotels And Motels, Manufacturing Facilities, High-Rise Apartment Buildings, High-Rise Office Buildings, Others
By Companies
Rapidrop, Ayvaz, Tyco International (Johnson Controls), TPMCSTEEL, Victaulic, HD Fire Protect Pvt, Naffco Fzco, Globe Fire Sprinkler, Akim Yangin, Viking Group, Asenware, Venus Fire Protection Ltd, Nofire Co
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
176
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Alarm Valves Market Report Segments:
The global Alarm Valves market is segmented on the basis of:
Types
Dry Type, Wet Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hotels And Motels, Manufacturing Facilities, High-Rise Apartment Buildings, High-Rise Office Buildings, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Rapidrop
- Ayvaz
- Tyco International (Johnson Controls)
- TPMCSTEEL
- Victaulic
- HD Fire Protect Pvt
- Naffco Fzco
- Globe Fire Sprinkler
- Akim Yangin
- Viking Group
- Asenware
- Venus Fire Protection Ltd
- Nofire Co
Highlights of The Alarm Valves Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dry Type
- Wet Type
- By Application:
- Hotels And Motels
- Manufacturing Facilities
- High-Rise Apartment Buildings
- High-Rise Office Buildings
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alarm Valves Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An alarm valves is a safety device that interrupts the flow of gas or fluid when it detects an abnormal condition. Alarm valves can be used to protect equipment and personnel from potential harm, and can also help to prevent accidents.
Some of the major players in the alarm valves market are Rapidrop, Ayvaz, Tyco International (Johnson Controls), TPMCSTEEL, Victaulic, HD Fire Protect Pvt, Naffco Fzco, Globe Fire Sprinkler, Akim Yangin, Viking Group, Asenware, Venus Fire Protection Ltd, Nofire Co.
The alarm valves market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alarm Valves Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Alarm Valves Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Alarm Valves Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Alarm Valves Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Alarm Valves Market Size & Forecast, 2020-2028
4.5.1 Alarm Valves Market Size and Y-o-Y Growth
4.5.2 Alarm Valves Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Dry Type
5.2.2 Wet Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hotels And Motels
6.2.2 Manufacturing Facilities
6.2.3 High-Rise Apartment Buildings
6.2.4 High-Rise Office Buildings
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alarm Valves Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alarm Valves Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Dry Type
9.6.2 Wet Type
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hotels And Motels
9.10.2 Manufacturing Facilities
9.10.3 High-Rise Apartment Buildings
9.10.4 High-Rise Office Buildings
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Dry Type
10.6.2 Wet Type
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hotels And Motels
10.10.2 Manufacturing Facilities
10.10.3 High-Rise Apartment Buildings
10.10.4 High-Rise Office Buildings
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Dry Type
11.6.2 Wet Type
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hotels And Motels
11.10.2 Manufacturing Facilities
11.10.3 High-Rise Apartment Buildings
11.10.4 High-Rise Office Buildings
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Dry Type
12.6.2 Wet Type
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hotels And Motels
12.10.2 Manufacturing Facilities
12.10.3 High-Rise Apartment Buildings
12.10.4 High-Rise Office Buildings
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Dry Type
13.6.2 Wet Type
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hotels And Motels
13.10.2 Manufacturing Facilities
13.10.3 High-Rise Apartment Buildings
13.10.4 High-Rise Office Buildings
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alarm Valves Market: Competitive Dashboard
14.2 Global Alarm Valves Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Rapidrop
14.3.2 Ayvaz
14.3.3 Tyco International (Johnson Controls)
14.3.4 TPMCSTEEL
14.3.5 Victaulic
14.3.6 HD Fire Protect Pvt
14.3.7 Naffco Fzco
14.3.8 Globe Fire Sprinkler
14.3.9 Akim Yangin
14.3.10 Viking Group
14.3.11 Asenware
14.3.12 Venus Fire Protection Ltd
14.3.13 Nofire Co
