LONDON--(BUSINESS WIRE)--Technavio's latest report on the global
wet fire sprinkler systems market provides an analysis on the
most important trends expected to impact the market outlook from
2016-2020. Technavio
defines an emerging trend as a factor that has the potential to
significantly impact the market and contribute to its growth or decline.
Sunil Kumar Singh, a lead analyst from Technavio, specializing in
research on embedded
systems sector, says, "The global wet fire sprinkler systems
market is expected to witness a year-on-year (YoY) growth of close to
10% during the forecast period, due to several countries in Europe and
the Americas making it mandatory to install fire sprinkler systems in
newly constructed buildings. The local jurisdictions are also taking
initiatives to retrofit fire sprinkler systems in existing residential
buildings."
Developing nations in APAC like China, India, Vietnam, and
Indonesia are witnessing significant construction activities, resulting
in increased demand for fire sprinklers. Rapid urbanization in these
developing countries has led to the congestion of cities and towns,
which has resulted in an increased risk of fire hazards. For instance,
if a building in a congested locality faces a major fire hazard, the
fire can spread to other buildings in Sprinkler System Rockwall its vicinity. To prevent this,
governments in developing nations have implemented strict fire safety
rules and regulations, which will boost the growth of the market.
The top four emerging trends driving the global wet fire sprinkler
systems market according to Technavio hardware
and semiconductor research analysts are:
Legislations in support of installation of fire sprinklers
Increased adoption of water mist suppression sy stems
Development of fire suppression with HI-FOG technology
Decline in cost of installing fire sprinkler systems
Legislations in support of installation of fire sprinklers
According to World Fire Statistics, the number of fire incidents
recorded worldwide was 2,726,787 in 2014, with the US topping the list
of the countries, followed by the UK and France. Therefore, the
countries across the globe are taking initiatives by introducing
legislations for the installation of fire sprinklers in newly
constructed buildings to http://www.sears.com/lawn-garden-watering-hoses-sprinklers/b-1024020 prevent Sprinkler System Installation Rockwall loss of life and property. Many states
in the US are planning to adopt model building codes that would require
the installation of fire sprinklers in new homes. In the UK, certain
local authorities require buildings particularly multi-occupancy
buildings over 7,000 m to install fire sprinkler systems.
Governments of different countries in APAC are also planning to adopt
model building codes that would require the installation of fire
sprinklers in new homes. For countries in which there are no such codes
or ordinance related to the installation of fire sprinklers in homes,
government offers incentives to encourage their installation and use.
According to the National Building Code of India, all the buildings,
depending on their occupancy, use, and height, shall be protected by
automatic fire sprinkler systems, fire extinguishers, high or
medium-velocity water spray, foam, and wet risers. Similarly, the
Ministry of Public Security of China has also mandated the installation
of fire sprinklers in buildings accor ding to the Fire Act 1998.
Increased adoption of water mist suppression systems
Water mist suppression systems were originally designed to combat fires
on ships. However, they are gaining popularity and acceptance as a
viable option even on land and are being considered an eco-friendly fire
suppression technology. A key advantage of water mist suppression
systems over the traditional fire sprinkler systems is their ability to
use significantly less water to control fire and cause much less damage.
This is helping water mist suppression systems to penetrate new end-user
sectors such as the machinery spaces, turbine enclosures, industrial
pump rooms, and commercial kitchens.
Water mist suppression systems have become quite popular in Europe. In
2016, a fire broke out in an unprotected adjacent building to
Stortorvets Gjestgiveri restaurant in Oslo, Norway. Serious loss of life
and property was prevented due to the use of Minimax's EconAqua low
pressure water mist system.
Development of fire suppression with HI-FOG technology
Fire sprinkler manufacturers and construction companies focus more on
developing and using fire sprinklers that are water efficient. Thus,
they focus on techniques to control the wastage of water. Pressure
adjustment and reduction of the water sprayed by sprinklers helps reduce
wastage.
The HI-FOG technology is an efficient technology, as it uses less water
than traditional sprinkler systems. The technology is based on fast
evaporation of water that cools down the flame and surrounding gases as
well as displaces oxygen locally. The water mist system works more
efficiently than traditional fire sprinkler systems because of its
smaller water droplet size. "Water mist systems control the room
temperature and convert the droplets i nto steam, suppressing the fire.
The water damage from water mist systems is quite less as compared to
ordinary water sprinklers," says Sunil.
Decline in cost of installing fire sprinkler systems
There has been a consistent decrease in the cost of fire sprinkler
systems since 2008. One of the major factors for the decline in the
installation cost is advances in fire sprinkler systems such as the
availability of the more flexible piping system and extended coverage
sprinklers.
Also, several insurance companies are offering steep discounts to
builders and home owners on the installation of wet fire sprinkler
system. All these factors are contributing to the decline in the overall
cost of installing wet fire sprinkler systems.
Browse Related Reports:
Do you need a report on a market in a specific geographical cluster
or country but can't find what you're looking for? Don't worry,
Technavio also takes client requests. Please contact enquiry@technavio.com
with your requirements and our analysts will be happy to create a
customized report just for you.
About Technavio
Technavio
is a leading global technology research and advisory company. The
company develops over 2000 pieces of research every year, covering more
than 500 technologies across 80 countries. Technavio has about 300
analysts globally who specialize in customized consulting and business
research assignments across the latest leading edge technologies.
Technavio analysts employ primary as well as secondary research
techniques to ascertain the size and vendor landscape in a range of
markets. Analysts obtain information using a combination of bottom-up
and top-down approaches, besides using in-house market modeling tools
and proprietary databases. They corroborate this data with the data
obtained from various market participants and stakeholders across the
value chain, including vendors, service providers, distributors,
re-sellers, and end-users.
If you are interested in more information, please contact our media team
at media@technavio.com.
http://www.businesswire.com/news/home/20160825005025/en/Top-4-Emerging-Trends-Impacting-Global-Wet
No comments:
Post a Comment