Global Fire Protection System Pipes Market
Metal And Mineral Manufacturing

Global Fire Protection System Pipes Market Size, Drivers, Trends, Opportunities And Strategies – Includes Fire Protection System Pipes Market Size

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

The increased loss of human lives and property owing to fire outbreaks is likely to encourage innovation in the production of fire prevention system pipes, boosting the market during the forecast period.

 

The global fire protection system pipes market is expected to grow from $14.71 billion in 2022 to $15.52 billion in 2023 at a compound annual growth rate (CAGR) of 5.52%. The global fire protection system pipes market size is expected to reach $19.57 billion in 2027 at a CAGR of 5.97%.

 

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Global Fire Protection System Pipes Market Segments Include:

  • By Type: Seamless Pipes, Welded Pipes
  • By Material: Steel, CPVC, Copper, Other Materials
  • By Application: Fire Suppression System, Fire Sprinkler System
  • By End-Use Industry: Residential, Industrial, Commercial
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global fire protection system pipes market in 2021.

 

Major Market Players in the fire protection system pipes market include Johnson Controls International PLC, Simona AG, Tata Steel Ltd, China Lesso Group Holdings Ltd, Astral Pipes, Aquatherm, Bull Moose Tube Company, Engineered Fire Piping S.L.

 

Technological developments are a key trend that is gaining traction in the market for fire protection system pipes. To maintain their market position, major businesses in the fire prevention system pipes market are working on creating innovative technologies. For example, Johnson Controls International PLC, an Irish industrial machinery manufacturing business, will debut its first smart fire sprinkler monitoring solution in November 2020. This technology is a critical component of open blue’s comprehensive preventative maintenance plan. It warns building managers of potential problems before they become dangerous or costly by showing a potential adverse system condition, such as frozen pipes, pressure imbalances, or pipe leaks. This technological solution is connected to the pipes of the fire system. Furthermore, cloud-based remote monitoring solutions that are available 24 hours a day, seven days a week help to avoid system failure, structural damage, and business interruption.

 

The Fire Protection System Pipes Global Market Report 2023  provides a fire protection system pipes market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fire protection system pipes market forecast analyzes fire protection system pipes market size, fire protection system pipes market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Automatic sprinkler systems and other water systems that are used to put out fires and transport water or other liquid to connect firefighting equipment are referred to as fire protection system pipes. These pipes are typically painted red to help firefighters and other employees distinguish them from other water systems.

 

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