According to the latest report by IMARC Group, titled “Southeast Asia Fire Sprinkler Heads Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” the global Southeast Asia fire sprinkler heads market reached a value of US$ 232.9 Million in 2021. 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.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Southeast Asia Fire Sprinkler Heads 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$ 312.8 Million by 2027, growing at a CAGR of 5.1% during 2022-2027.
- 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.
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