Southeast Asia Fire Sprinkler Heads Market to Reach US$ 377.1 Million by 2032, Propelled by Rising Demand for Fire Safety Equipment

August 08, 2022 | Heavy Industry

According to the latest report by IMARC Group, titled “Southeast Asia Fire Sprinkler Heads Market Report by Product Type (Pendent, Upright, Side Wall, Concealed), End User (Commercial, Industrial, Residential), and Country 2024-2032,” the Southeast Asia fire sprinkler heads market reached a value of US$ 257.7 Million in 2023. Fire sprinkler heads are an indispensable component of firefighting systems that are used in prevention devices. They consist of a water supply system connected to a network of pipelines suspended from ceilings or walls of rooms, hallways, and stairways to prevent fire. Fire sprinkler heads discharge water at high pressure through a nozzle when their heat-sensitive parts, such as deflectors, glass bulb, and fusible link, get triggered at a specific temperature. These standard components also prevent seeping by installing anti-drain check valves in sprinkler heads that automatically close when the water supply is turned off.

Southeast Asia Fire Sprinkler Heads Market Trends:

The market is primarily being driven by the increasing prevalence of fire accidents across various industrial verticals, such as petrochemicals, oil and gas, and mining, along with the growing need for fire safety equipment to reduce the loss of life and property. In line with this, ongoing construction activities and the rising investments in various infrastructural projects across the SEA region have facilitated the widespread adoption of fire sprinklers in residential and commercial complexes, which is propelling the market growth. Moreover, the rising health concerns have prompted regional governments to promote the uptake of various fire extinguishing devices, including sprinkler heads, to meet the safety standards. This, in turn, is acting as another major growth-inducing factor. Additionally, the advent of high-performance sprinkling systems with smoke detection and water mist technologies for preventing the risk of microbiologically influenced corrosion (MIC) in different indoor environments is contributing to the market growth. Furthermore, the shifting consumer inclination toward advanced fire sprinkler heads over conventional fire prevention devices owing to their cost-effectiveness, easy installation, and fast response to smoke or hot temperature is impelling the market growth. Other factors, such as ongoing research and development (R&D) activities and strategic collaborations amongst key players to enhance product efficacy, are creating a positive outlook for the market across the region. On account of the aforementioned factors, the market is anticipated to reach a value of US$ 377.1 Million by 2032, growing at a CAGR of 4.2% during 2024-2032.

Market Summary:

Based on the product type, the market has segregated into pendent, upright, side wall, and concealed.
On the basis of the end user, the market has been segmented into commercial, industrial, and residential.
On a country basis, the market has been segmented into Australia, Indonesia, Philippines, Vietnam, Malaysia, Singapore, Thailand, New Zealand, Myanmar, and Cambodia.
The competitive landscape of the industry has also been examined, with some of the key players being Rapidrop Global Ltd., Reliable Automatic Sprinkler Co., Inc, Tyco International, United Technologies Corporation, Victaulic Company, Minimax-Viking, Senju Sprinkler, etc.

Report Scope:

Report Features	Details
Base Year of the Analysis	2023
Historical Period	2018-2023
Forecast Period	2024-2032
Units	US$ Million
Segment Coverage	Product Type, End User, Country
Countries Covered	Australia, Indonesia, Philippines, Vietnam, Malaysia, Singapore, Thailand, New Zealand, Myanmar, Cambodia
Companies Covered	Rapidrop Global Ltd., Reliable Automatic Sprinkler Co., Inc, Tyco International, United Technologies Corporation, Victaulic Company, Minimax-Viking and Senju Sprinkler
Customization Scope	10% Free Customization
Report Price and Purchase Option	Single User License: US$ 3699 Five User License: US$ 4699 Corporate License: US$ 5699
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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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Southeast Asia Fire Sprinkler Heads Market to Reach US$ 377.1 Million by 2032, Propelled by Rising Demand for Fire Safety Equipment

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