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The India fire sprinklers market is currently witnessing moderate growth. Fire sprinklers are water supply and distribution systems that are generally installed on the walls and ceilings of various residential and industrial properties. They extinguish the flames by spraying high-pressure water to prevent life and property destruction during fire hazards. Fire sprinklers find applications across various industries that are prone to fire accidents due to the presence of flammable materials, such as oil and gas, mining, and petrochemical industries. In recent years, there have been increased sales of fire sprinklers in India as various insurance companies are providing incentives to customers for installing them across the country.
The India fire sprinklers system market is primarily driven by the rising construction of smart homes and buildings in the residential and commercial sectors. Along with this, the increasing awareness about the benefits of fire protection systems has escalated their demand across the country. They are considered one of the safest methods for suppressing fires at an early stage, thus, preventing them from growing any further. Various initiatives undertaken by the Government to promote the installation of fire sprinklers in public buildings and institutions are also propelling the market growth. Besides this, manufacturers are introducing advanced fire sprinkler systems with HI-FOG technology that is more efficient than traditional systems, enabling the flames to cool down effectively and displaces oxygen locally. They are also launching new variants of fire sprinklers that use thermal radiation technology to detect fires and provide high-performance with minimal water wastage. 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 India 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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