Market Overview:
The global water mist fire sprinkler systems market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for water mist fire sprinkler systems in commercial, residential, and industrial applications. Additionally, the growing awareness about the benefits of using water mist fire sprinkler systems is also contributing to the growth of this market. The global water mist fire sprinkler systems market can be segmented on the basis of type into wet pipe fire sprinkler system, dry pipe fire sprinkler system, pre-action fire sprinkler system,.
Product Definition:
Water mist fire sprinkler systems are a type of fire protection system that uses water to extinguish fires. These systems work by spraying a fine mist of water onto the burning material. The water droplets are small enough to penetrate the flames, and they quickly extinguish the fire.
Water mist fire sprinkler systems have several advantages over traditional wet-pipe or dry-pipe fire sprinkler systems. First, they are less likely to cause property damage than traditional systems. Second, they use less water than traditional systems, which can save money on water costs. Third, they are effective at extinguishing Class A and B fires, which include most household and office fires.
Wet Pipe Fire Sprinkler System:
The wet pipe fire sprinkler system is a type of fire sprinkler that uses water from a hydrant or directly from the municipal water supply to extinguish fires. The system works by directing high pressure water towards the burning area, which helps put out the fire.
Dry Pipe Fire Sprinkler System:
A dry pipe fire sprinkler system is a type of fire protection equipment designed to provide an automatic method for detecting and extinguishing fires. The basic function of any dry pipe system is to direct a stream of water towards the base of the smoke stack, where it forms a fog that reduces the ability of smoke particles to spread into air.
Application Insights:
The commercial application segment held the largest share of over 60.0% in 2017. The demand for water mist fire sprinkler systems in commercial applications is projected to witness a CAGR of XX% from 2018 to 2030 owing to the rising incidence of fire accidents and emergencies at offices, educational institutions, hospitals and other public buildings, which require prompt detection and extinguishing efforts by installing these systems.
The residential sector is expected to grow at a significant pace over the forecast period due largely to increasing investments by government bodies as well as non-government organizations (NGOs) for providing safe drinking water facilities coupled with improved sanitation facilities in low-income population groups across various regions including South America, Asia Pacific and Middle East & Africa on account of which demand will increase significantly over the forecast period thereby propelling growth of this market segment during future years.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging countries, such as China and India. In addition, growing commercial and residential construction activities are also anticipated to drive the demand for water mist fire sprinkler systems in this region. Furthermore, rising awareness regarding fire safety among people is driving demand for these products in developing countries of Asia Pacific region.
The Middle East & Africa was one of the largest regional markets with a share of more than 20% owing to high investments made by governments on improving public infrastructure facilities within their respective nations especially in Saudi Arabia.
Growth Factors:
- Increasing demand for fire protection systems in commercial and residential buildings
- Growing awareness about the benefits of water mist fire sprinkler systems over traditional fire sprinkler systems
- Technological advancements in water mist technology that are making these systems more efficient and reliable
- Stringent safety regulations mandating the installation of fire suppression systems in high-risk areas
- Rising construction spending by governments and private entities to improve safety infrastructure
Scope Of The Report
Report Attributes
Report Details
Report Title
Water Mist Fire Sprinkler Systems Market Research Report
By Type
Wet Pipe Fire Sprinkler System, Dry Pipe Fire Sprinkler System, Pre-Action Fire Sprinkler System, Deluge Fire Sprinkler System
By Application
Commercial, Residential, Industrial
By Companies
Danfoss SEM-SAFE, Johnson Controls, Fike, Ultrafog, Nobel Fire Systems
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
157
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Water Mist Fire Sprinkler Systems Market Report Segments:
The global Water Mist Fire Sprinkler Systems market is segmented on the basis of:
Types
Wet Pipe Fire Sprinkler System, Dry Pipe Fire Sprinkler System, Pre-Action Fire Sprinkler System, Deluge Fire Sprinkler System
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
Commercial, Residential, Industrial
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:
- Danfoss SEM-SAFE
- Johnson Controls
- Fike
- Ultrafog
- Nobel Fire Systems
Highlights of The Water Mist Fire Sprinkler Systems 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:
- Wet Pipe Fire Sprinkler System
- Dry Pipe Fire Sprinkler System
- Pre-Action Fire Sprinkler System
- Deluge Fire Sprinkler System
- By Application:
- Commercial
- Residential
- Industrial
- 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 Water Mist Fire Sprinkler Systems 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.
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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?
Water mist fire sprinkler systems are a type of fire protection system that uses water droplets to extinguish fires. The water droplets are released from an overhead pipe and fall onto the burning material, cooling it and putting out the fire.
Some of the key players operating in the water mist fire sprinkler systems market are Danfoss SEM-SAFE, Johnson Controls, Fike, Ultrafog, Nobel Fire Systems.
The water mist fire sprinkler systems market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Water Mist Fire Sprinkler Systems 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 Water Mist Fire Sprinkler Systems Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Water Mist Fire Sprinkler Systems 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 Water Mist Fire Sprinkler Systems 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 Water Mist Fire Sprinkler Systems Market Size & Forecast, 2020-2028 4.5.1 Water Mist Fire Sprinkler Systems Market Size and Y-o-Y Growth 4.5.2 Water Mist Fire Sprinkler Systems 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 Wet Pipe Fire Sprinkler System
5.2.2 Dry Pipe Fire Sprinkler System
5.2.3 Pre-Action Fire Sprinkler System
5.2.4 Deluge Fire Sprinkler System
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 Commercial
6.2.2 Residential
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Water Mist Fire Sprinkler Systems 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 Water Mist Fire Sprinkler Systems 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 Wet Pipe Fire Sprinkler System
9.6.2 Dry Pipe Fire Sprinkler System
9.6.3 Pre-Action Fire Sprinkler System
9.6.4 Deluge Fire Sprinkler System
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 Commercial
9.10.2 Residential
9.10.3 Industrial
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 Wet Pipe Fire Sprinkler System
10.6.2 Dry Pipe Fire Sprinkler System
10.6.3 Pre-Action Fire Sprinkler System
10.6.4 Deluge Fire Sprinkler System
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 Commercial
10.10.2 Residential
10.10.3 Industrial
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 Wet Pipe Fire Sprinkler System
11.6.2 Dry Pipe Fire Sprinkler System
11.6.3 Pre-Action Fire Sprinkler System
11.6.4 Deluge Fire Sprinkler System
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 Commercial
11.10.2 Residential
11.10.3 Industrial
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 Wet Pipe Fire Sprinkler System
12.6.2 Dry Pipe Fire Sprinkler System
12.6.3 Pre-Action Fire Sprinkler System
12.6.4 Deluge Fire Sprinkler System
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 Commercial
12.10.2 Residential
12.10.3 Industrial
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 Wet Pipe Fire Sprinkler System
13.6.2 Dry Pipe Fire Sprinkler System
13.6.3 Pre-Action Fire Sprinkler System
13.6.4 Deluge Fire Sprinkler System
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 Commercial
13.10.2 Residential
13.10.3 Industrial
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 Water Mist Fire Sprinkler Systems Market: Competitive Dashboard
14.2 Global Water Mist Fire Sprinkler Systems Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Danfoss SEM-SAFE
14.3.2 Johnson Controls
14.3.3 Fike
14.3.4 Ultrafog
14.3.5 Nobel Fire Systems