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According to the latest report by IMARC Group, titled"United States Fire Sprinklers Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the United States fire sprinklers market reached a value of US$ 4.3 Billion in 2021. A fire sprinkler forms a crucial component of the fire protection system that is usually installed on the walls or the ceilings of the building. The sprinkler system consists of a water supply, control valve, sprinkler heads, and a water distribution piping system that provide a high level of coordination between the active fire system and interactive smoke control devices. It gets triggered by a rise in the temperature of the building, which sends an alarm indicating a fire blaze, thus suppressing the fire at an early stage. There are several types of fire sprinkler systems available in the market. Amongst them, wet pipe sprinklers are most commonly utilized in residential buildings.
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.
United States Fire Sprinklers Market Trends:
The growth of the United States fire sprinklers market can primarily be attributed to consistent technological advancements, along with the introduction of innovative product variants by leading players. Manufacturers are launching high performance, automatic fire sprinkler systems with the HI-FOG technology, which employs thermal radiation mechanism to detect fire, enable the flame to cool down effectively, and displace oxygen locally while consuming comparatively less water than traditional fire sprinklers. These variants are also being integrated with panic buttons, infrared monitoring sensors, the internet of things (IoT), and motion-sensing technology, which is acting as another major growth-inducing factor. Moreover, The Federal Government of the United States (US Federal Government) is implementing regulations and organizing seminars regrading fire safety, which is strengthening the fire sprinkler market in the nation. For instance, the National Fire Protection Association (NFPA) has mandated the installation of fire sprinkler systems in new commercial construction projects, which is further supporting the market growth. Besides this, the rising incidence of fire breakouts in risk-prone industries, such as oil and gas, energy, steel, and manufacturing, have also led to the widespread product adoption, which is catalyzing the market growth. Looking forward, the market is expected to grow at a CAGR of 8.46% during 2022-2027.
Market Summary:
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