According to IMARC Group’s latest report, titled “Southeast Asia Fire Sprinkler Heads Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026.' the South East Asia fire sprinkler heads market is expected to grow at a CAGR of 6.8% during 2021-2026.A fire sprinkler head refers to a type of gear utilized in fire safety and prevention systems. These heads are connected to a network of pipes in the walls and ceilings and protect rooms, hallways, and stairwells from fire-related incidents. Fire sprinkler heads have heat-sensitive components, such as a fusible link or a glass bulb, which get activated at a specific temperature.
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report
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Southeast Asia Fire Sprinkler Heads Market Trends:
The growing concerns towards damages and losses due to fires and the rising need for fire safety mechanisms are driving the demand for fire sprinkler heads across Southeast Asia. Additionally, the increasing product demand from the oil and gas industry is also acting as a growth-inducing factor. Besides this, the implementation of strict regulations by various government bodies in the region and elevating preventive measures pertaining to the safety of individuals are further catalyzing the market growth. Apart from this, numerous technological advancements, including thermal radiation technology that allows quick detection of fires, are expected to fuel the demand for fire sprinkler heads in Southeast Asia over the forecasted period. Looking forward, the market is expected to continue its strong growth during the forecast period (2021-2026).
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
- Rapidrop Global Ltd
- Reliable Automatic Sprinkler Co.Inc
- Tyco International
- United Technologies Corporation
- Victaulic Company
- Senju Sprinkler, etc.
Market Breakup by Product Type:
- Side Wall
Market Breakup by End User:
Breakup by Country:
- New Zealand
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Key highlights of the report:
- Market Performance (2015-2020)
- Market Outlook (2021-2026)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
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