Fire Sprinkler Market
Fire Sprinkler Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Fire Sprinkler Market Size and Growth
The fire sprinkler market is experiencing steady growth due to increasing awareness of fire safety measures. The global market size is estimated to be $12.5 billion in 2021, with a projected CAGR of 7.2% over the next five years. The market is driven by strict regulations and the rise in residential and commercial construction activities.
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Companies Covered (Covid 19 Impact Covered)
◍ Johnson Controls
◍ API
◍ Honeywell
◍ United Technologies
◍ Hochiki
◍ Robert Bosch
◍ Siemens
◍ Minimax
◍ VT MAK
◍ Watts Water Technologies
◍ Cosco Fire Protection
◍ Tyco International
◍ Adams Fire Protection
◍ Heiser Logistics
◍ Vfp Fire Systems
◍ American Fire Technologies
◍ Viking Group
◍ Kaufman Fire Protection Systems
The Fire Sprinkler Market is highly competitive with key players such as Johnson Controls, Honeywell, United Technologies, Siemens, and Tyco International among others. These companies provide a range of fire sprinkler systems, services, and solutions to cater to various industries, thereby fueling the market growth.
- Honeywell: $36.71 billion in sales revenue
- Siemens: $86.94 billion in sales revenue
- Tyco International: $10.89 billion in sales revenue
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Market Segmentation
By Application
By Product
◍ Wet Fire Sprinklers
◍ Dry Fire Sprinklers
◍ Deluge Fire Sprinklers
◍ Preaction Fire Sprinklers
◍ Commercial ◍ Industrial ◍ Residential Request Sample Report
Market Growth
$ 10.38 Billion
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