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The Europe fire sprinklers market size reached US$ 2.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.7 Billion by 2027, exhibiting a growth rate (CAGR) of 5.08% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
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.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe fire sprinklers market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product type, service, component, application and technology.
Breakup by Product Type:
Breakup by Service:
Breakup by Component:
Breakup by Application:
Breakup by Technology:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Product Type, Service, Component, Application, Technology, Country|
|Countries Covered||Germany, France, United Kingdom, Italy, Spain, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
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