Global Fire Sprinklers Market

July 16th 2016 Mumbai, India: Bharatbook.com announces a report on “Global Fire Sprinklers Market 2016-2020". The domestic sprinkler system is available at a low cost, with a price range similar to that of a domestic smoke alarm.

Bharat Book Announces the Publication of its Research Report – Global Fire Sprinkler Market 2016-2020

Bharat Book recognizes the following companies as the key players in the global fire sprinkler market: Hochiki, Minimax Viking, Tyco, and United Technologies.

Other Prominent Vendors in the market are: APi, Cosco Fire Protection, and Siemens.

Commenting on the report, an analyst from Bharat Book team said: “One trend propelling growth in this market is the use of advanced technologies. Vendors focus on manufacturing sprinkler systems with advanced technologies. For instance, water mist technology was being used in the early 1980s in the US. However, high-pressure water mist can be used in museums, hotels, and data centers, apart from industrial buildings.”

According to the report, one driver spurring growth in this market is the cost benefits of sprinkler systems. The domestic sprinkler system is available at a low cost, with a price range similar to that of a domestic smoke alarm. The cost per life saved by a Fire Sprinkler System is lesser than that of smoke alarms. The sprinkler system and smoke alarm can be effective in reducing the number of expected fire deaths per year.

Further, the report states that the risks associated with the corrosion of sprinkler pipes will hinder market growth during the predicted period. Sprinkler pipes are prone to corrosion, affecting the operation and performance of the system. Uncontrolled corrosion clogs pipe and control valves, leading to reduced water flow from the sprinklers, while discovered corrosion impacts the performance reliability.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the...