Share this article Share this article ResearchAndMarkets.com's offering. The global fire sprinklers market reached a value of US$ 10.7 Billion in 2020. A fire sprinkler system consists of a water supply and distribution piping system installed on walls or ceilings. It gets activated once the sprinkler head reaches the activation temperature in case of a fire breakout and sprays high-pressure water over the flames to extinguish them. In recent years, these systems have gained popularity across the residential, transportation and healthcare sectors. Various insurance firms are also providing incentives for installing these systems which has led to an increase in their sales worldwide. Looking forward, the publisher expects the global fire sprinklers market to exhibit moderate growth during the next five years.