Southeast Asia Fire Sprinkler Heads Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Southeast Asia Fire Sprinkler Heads Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A1841
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Market Overview:

The South East Asia fire sprinkler heads market size reached US$ 232.9 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 312.8 Million by 2027, exhibiting a growth rate (CAGR) of 5.1% 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 sprinkler head stands for a type of gear used in fire safety and prevention systems. These heads are connected with a network of pipes in the walls and ceilings, providing protection to rooms, hallways, and stairways against any fire-related accidents. They feature heat-sensitive parts, such as a fusible link or a glass bulb, which gets triggered at a specific temperature. In the Southeast Asia (SEA) region, the rising demand for fire sprinkler heads is primarily being driven by the growing number of fire accidents in recent times.

The increasing consumer concerns regarding the losses and damages due to fire accidents, along with the growing need for fire safety mechanisms, have boosted the demand for sprinkler heads in the SEA region. Moreover, the formulation of strict government regulations and the growing preventive standards pertaining to the safety of individuals are also acting as major growth-inducing factors in the region. Other factors, such as several technological advancements, along with extensive research and development (R&D) are also significantly contributing to the market growth in the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the South East Asia fire sprinkler heads market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on product type and end user.

Breakup by Product Type:

  • Pendent
  • Upright
  • Side Wall
  • Concealed
     

Breakup by End User:

  • Commercial
  • Industrial
  • Residential
     

Breakup by Country:

  • Australia
  • Indonesia
  • Philippines
  • Vietnam
  • Malaysia
  • Singapore
  • Thailand
  • New Zealand
  • Myanmar
  • Cambodia
     

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the keyplayers being Rapidrop Global Ltd., Reliable Automatic Sprinkler Co., Inc, Tyco International, United Technologies Corporation, Victaulic Company, Minimax-Viking, Senju Sprinkler, etc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
Historical Period 2016-2021
Forecast Period 2022-2027
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$ 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)

Key Questions Answered in This Report

We expect the Southeast Asia fire sprinkler heads market to exhibit a CAGR of 5.1% during 2022-2027.

The rising prevalence of fire accidents, along with the increasing demand for fire safety mechanisms, such as fire sprinkler heads to reduce the loss of life and property, is primarily driving the Southeast Asia fire sprinkler heads market.

The rising prevalence of fire accidents, along with the increasing demand for fire safety mechanisms, such as fire sprinkler heads to reduce the loss of life and property, is primarily driving the Southeast Asia fire sprinkler heads market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across the region resulting in the temporary closure of numerous end-use industries for fire sprinkler heads.

Based on the product type, the Southeast Asia fire sprinkler heads market has been segmented into pendent, upright, side wall, and concealed. Among these, pendent currently holds the majority of the total market share.

Based on the end user, the Southeast Asia fire sprinkler heads market can be divided into commercial, industrial, and residential. Currently, the commercial sector exhibits a clear dominance in the market.

On a regional level, the market has been classified into Australia, Indonesia, Philippines, Vietnam, Malaysia, Singapore, Thailand, New Zealand, Myanmar, and Cambodia, where Indonesia currently dominates the Southeast Asia fire sprinkler heads market.

Some of the major players in the Southeast Asia fire sprinkler heads market include Rapidrop Global Ltd., Reliable Automatic Sprinkler Co., Inc, Tyco International, United Technologies Corporation, Victaulic Company, Minimax-Viking, Senju Sprinkler, etc.

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Southeast Asia Fire Sprinkler Heads Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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