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Worldwide Fire Sprinklers Industry to 2026 - Players Include Honeywell International, Johnson Controls & Minimax Among Others


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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. ....

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Technavio Research: Global Fire Extinguishers Market 2020-2024: Market Analysis, Drivers, Restraints, Opportunities, and Threats


Technavio Research: Global Fire Extinguishers Market 2020-2024: Market Analysis, Drivers, Restraints, Opportunities, and Threats - Technavio
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210118005561/en/
Technavio has announced its latest market research report titled Global Fire Extinguishers Market 2020-2024 (Graphic: Business Wire)
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The implementation of stringent fire safety regulations is one of the major factors propelling market growth. However, factors such as the rising penetration of automated fire detectors and sprinkling systems will hamper the market growth.
More details: https://www.technavio.com/report/fire-extinguishers-market-industry-analysis ....

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