Product category:
Building management systems
News Release from: Helmut Kaiser Consultancy | Subject: Fire sprinkler equipment
Edited by the Processingtalk Editorial
Team on 28 January 2008
Fire sprinkler equipment and systems to
2020
Helmut Kaiser Consultancy has released a new study on the market for fire sprinkler equipment and systems, which play a major role in active fire protection
Buildings, in industrial, municipal and residential areas are more and more equipped with fire sprinkler systems, either as simple systems or more intelligent automatic systems The markets for fire protection have gained importance in the last years
This article was originally published on Processingtalk on 4 May 2004 at 8.00am (UK)
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The markets for fire protection worldwide
The market for fire protection worldwide will increase up to more than 30 Billion Euro 2004 and will grow to 54 Billion Euro in 2015: loss of assets is about 70 billion Euro in 2004
The death toll of fire accidents is approx 12,000 in the USA, 7000 in Europe and more than 50,000 in Asia per year.
The loss of assets is about 70 billion Euro per year with an increasing tendency.
The total worldmarket shows growth, but very different developments in different segments and countries.
Fire detection systems and sprinkler systems play a major role in active fire protection.
More buildings, in industrial, municipal and residential areas are more and more equipped with fire sprinkler systems, either as simple systems or more intelligent automatic systems.
Fire alarms and sprinkler systems have become more and more crucial in the field of fire protection.
New buildings are required by various building codes to have fire detection and sprinkler systems installed which could prevent further damages and help save lives, in case of a fire.
The market for fire sprinklers are expected to grow in the next few years, the major growth could be seen in residential sector, followed by municipal and industrial.
The market itself has a specific structure, with manufacturers, distributors and installers.
The study will cover these areas, along with new development in this field due to nanotechnology.
The competition is very agressive, due to the market structure, so one section of the study is dedicated to competition analysis amongst the leading companies.
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