The global automatic fire sprinkler market was US$ 13,200 million in 2021. The global automatic fire sprinkler market is forecast to grow to US$ 25,695.73 million by 2030 by growing at a compound annual growth rate (CAGR) of 8.1% during the forecast period from 2022 to 2030.

Automatic fire sprinklers find their applications in the commercial and residential sectors. They are used to protect the area from fire. Automatic fire sprinklers are highly used to detect the heat in advance and alarm people. In addition to that, it is also used to spray water finely in the area, which caught fire.

Factors Influencing the Market

An automatic fire sprinkler is an economical and efficient way to protect the building or area from fire. Moreover, automatic fire sprinklers are considered highly efficient in reducing the severity of the fire and preventing the fire from spreading. Thus, these factors will drive the global automatic fire sprinkler market.

Rising demand for the protection of life and property and increasing investment in safeguarding the infrastructure will contribute to the growth of the global automatic fire sprinkler market.

Favorable government initiatives to boost the security of the places are likely to benefit the global automatic fire sprinkler market. On the contrary, the high cost of installing and maintaining fire sprinklers may limit the growth of the market.

The growing number of technological innovations in automatic fire sprinklers will offer ample growth opportunities for the market. For instance, Honeywell unveiled multiple fire protection systems for connected buildings in June 2017.

Rising awareness related to fire safety is forecast to surge the growth of the global automatic fire sprinkler market.

Regional Analysis

The Asia-Pacific automatic fire sprinkler market is forecast to emerge as the largest market. It is due to the growing urbanization in emerging economies like China, India, and Japan. The growth of the region is also attributed to the growing investments in infrastructure facilities. In addition, the rising rate of the middle-class population and increasing awareness about fire safety will contribute to the growth of the global automatic fire sprinkler market. High infrastructural investments and growing investments in the railway, mining, commercial buildings sector will benefit the regional automatic fire sprinkler market.

COVID-19 Impact Analysis

The wake of the COVID-19 pandemic forced the governments to shut down the majority of manufacturing units. Thus, it also impacted the global automatic fire sprinkler industry. Furthermore, it also impeded international trade activities. As a result, the automatic fire sprinkler market witnessed several disruptions due to the COVID-19 pandemic.

Competitors in the Market

APi Group
Cosco Fire Protection
Koorsen Fire & Security Inc.
Adams Fire Protection
United Technologies Corporation
American Fire Technologies
Johnson Controls International Plc.
Kaufman Fire Protection Systems, Inc.
Grundfos
Other Prominent Players
Market Segmentation

The global automatic fire sprinkler market segmentation focuses on Type, Industry Vertical, and Region.

By Type

Wet Fire Sprinklers
Dry Fire Sprinklers
Preaction
Deluge
By Industry Vertical

Commercial
Residential
Energy and Power
Industrial & Manufacturing
Oil, Gas, and Mining
Transportation & Logistics
Others
By Region

North America
The U.S.
Canada
Mexico
Europe
Western Europe
The UK
Germany
France
Italy
Spain
Rest of Western Europe
Eastern Europe
Poland
Russia
Rest of Eastern Europe
Asia Pacific
China
India
Japan
Australia & New Zealand
ASEAN
Rest of Asia Pacific
Middle East & Africa (MEA)
UAE
Saudi Arabia
South Africa
Rest of MEA
South America
Brazil
Argentina
Rest of South America