Dallas, TX -- (SBWIRE) -- 09/04/2014 -- Analysts forecast the Automatic Fire Sprinkler Systems market in the US to grow at a CAGR of 13.49 percent over the period 2013-2018. According to the “Automatic Fire Sprinkler Systems Market in the US 2014-2018” report, increase in the number of deaths caused by fire is the major driver of market growth in the country. Fire causes deaths, injuries, and property damage, which persuade end-users to install sprinklers in their home.
One of the major trends in this market is an increase in the adoption of water-mist suppression systems in the US. These systems were initially designed to prevent fires on ships and are gaining popularity in a wide range of industries in the country.
Covered in this Report
This report covers the present scenario and the growth prospects of the Automatic Fire Sprinkler Systems market in the US for the period 2014-2018. To calculate the market size, the report considers revenue generated from the following product segments: Wet Fire Sprinkler Systems, Dry Pipe Sprinkler Systems, Deluge Sprinkler Systems, and Pre-action Sprinkler Systems.
The Automatic Fire Sprinkler Systems Market in the US 2014-2018 has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Automatic Fire Sprinkler Systems market landscape in the US and its growth prospects in the coming years. It also includes a discussion of the key vendors operating in this market.
The report recognizes the following companies as the key players in the Automatic Fire Sprinkler System Market in the US: APi Group Inc., Cosco Fire Protection Inc. and Tyco International Ltd.
Other Prominent Vendors in the market are: Adams Fire Protection, American Fire Technologies, Heiser Logistics, Koorsen Fire and Security and UTC Building and Industrial Systems.
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Market Driver
- Fire-related Deaths and Loss of Property
- For a full, detailed list, view our report
Market Trend
- Increased Adoption of Water-mist Suppression Systems
- For a full, detailed list, view our report
Further, the report states that one of the key challenges affecting the market is technical issues related to the design of the fire sprinkler systems. The use of High-volume Low-speed and antifreeze systems needs to be considered while installing with an optimal concentration of antifreeze solutions that should be used in the systems to keep water from freezing.
Key Questions Answered in this Report
- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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