Albany, NY -- (SBWIRE) -- 01/05/2017 -- Wet fire sprinkler systems have fire sprinklers attached to a piping system containing water. The system is designed to detect heat from the fire and operate at a predetermined temperature to discharge water immediately in case of fire. They are the most commonly used sprinkler systems, especially in residential homes and buildings, eating and drinking establishments, hotels and motels, academic institutions, and other places.

The global wet fire sprinkler systems market to grow at a CAGR of 9.5% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global wet fire sprinkler systems market for 2016-2020. To calculate the market size, Technavio considers the sales of fire sprinklers in wet pipe fire sprinkler systems, including the cost of installation.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Wet Fire Sprinkler Systems Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Global Fire Sprinkler
- Minimax Viking
- Reliable Automatic Sprinkler
- Siemens
- Tyco
- United Technologies

Market driver
- Government incentives on installation of wet fire sprinklers
- For a full, detailed list, view our report

Market challenge
- Corrosion of sprinkler pipes
- For a full, detailed list, view our report

Market trend
- Legislations in support of installation of fire sprinklers
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 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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