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The Europe fire sprinklers market is currently witnessing moderate growth. Fire sprinklers consist of water supply and distribution piping systems installed on ceilings or walls. They provide a high level of coordination between the active fire system, building-wide communications, and interactive smoke control systems in case of a fire. This minimizes the loss caused during a fire emergency as compared to manual fire safety systems. Due to these benefits, fire sprinklers find applications in the commercial, residential, transportation, healthcare sectors.
The Europe fire sprinklers market is primarily driven by the increasing loss of life and possessions due to fire incidents. The growing awareness regarding fire safety and the rising number of refurbishment projects for old infrastructures in the region have also led to the demand for fire sprinklers. Furthermore, the increasing adoption of advanced fire protection systems across diverse industries, such as oil and gas, steel, and manufacturing, for mitigating fire hazards is also contributing to the market growth. Moreover, the introduction of high-performance automatic systems that use thermal radiation technology to detect fires is augmenting the market growth. Furthermore, the European Union (EU) is organizing various seminars and mending regulations to facilitate the adoption of these systems. This has gravitated a shift toward automatic fire sprinkler systems in many commercial and industrial buildings across the region. On account of these factors, the market is expected to continue its moderate growth during the forecast period (2021-2026).
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe fire sprinklers market report, along with forecasts for growth at the region level from 2021-2026. Our report has categorized the market based on region, product type, service, component, application and technology.
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The competitive landscape of the industry has also been examined along with the profiles of the key players.
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