Technavio Announces Top Seven Vendors in the Global Fire Sprinklers Market Until 2020

LONDON--()--Technavio has announced the top seven leading vendors for the global fire sprinklers market in their latest research report. To identify the top vendors, Technavio’s market research analysts have considered the top contributors to the overall revenue of this market. To calculate the market size, Technavio researchers have considered revenues generated from the sales of fire sprinkler units across the globe during the forecast period.

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“Sprinklers are being installed in most residential and commercial buildings. They help reduce fire-related accidents. According to the NFPA, the deaths caused by fire incidents are minimal in buildings with fire sprinklers. In the US, fire deaths were reduced by 70% in 2014 after the installation of fire sprinklers,” said Navin Rajendra, Technavio industry manager for embedded systems.

Top seven leading vendors in the global fire sprinklers market:

Hochiki

The company manufactures commercial fire detection solutions. It offers fire alarm systems and fire control equipment. It is also engaged in logistics and non-life insurance agency businesses. Hochiki operates three manufacturing plants, 35 sales offices, and 13 subsidiaries in Japan. As of March 2015, the company operated 13 consolidated subsidiaries. It offers a range of fire sprinklers including a water discharge type sprinkler system, vacuum sprinkler system, and other accessories like sprinkler heads.

Minimax Viking

In 2009, Minimax, a Germany-based company, and Viking, a US-based company, merged to form Minimax Viking. The company manufactures fire protection and life safety systems equipment globally. The company offers sprinklers with multiple finishes and temperature ratings under the Viking brand. Some of these include standard spray sprinklers, storage sprinklers, extended coverage sprinklers, residential sprinklers, dry sprinklers, special sprinklers, and sprinkler accessories. It also offers special versions ranging from extended coverage wall sprinklers to stainless steel sprinklers and pre-action sprinklers under Minimax brand. In June 2014, KIRKBI, a Danish family-run company, acquired Minimax Viking.

Tyco International

The company offers a wide range of security, fire detection, suppression, and life safety products worldwide. The company operates in over 1,000 locations in 50 countries and markets in more than 200 cities worldwide. The company designs, installs, and maintains a wide range of electronic, industry-specific fire suppression solutions for industrial, commercial, retail, institutional, and governmental customers. The company offers a wide range of sprinkler products including standard spray sprinklers, storage sprinklers, extended coverage sprinklers, residential sprinklers, dry sprinklers, special sprinklers, and sprinkler accessories. The company sells its products under well-known brands such as Tyco, Sensormatic, Wormald, SimplexGrinnell, Visonic, Scott Safety, and ADT.

United Technologies

The company offers high technology products to the building systems and aerospace industries worldwide. It offers fire safety products including fixed suppression products, fire detection and life safety systems, specialty hazard detection equipment, portable fire extinguishers, and other firefighting equipment. The company’s subsidiary, Marioff, has developed HI-FOG sprinkler system that uses lesser water than traditional water sprinkler systems. The company has a strong presence across the globe. In 2015, 47% of the company’s revenues were generated outside of North America. As of 2015, the company sold its products in more than 40 countries. The company’s business strategy includes acquisitions and making investments that complement its business. In January 2016, Tyco and Johnson Controls, one of the leading manufacturers of FPS, announced to enter into a definitive merger agreement to create a leading position in building products and technology, integrated solutions, and energy storage.

APi Group

APi Group was established in 1926 and is headquartered in New Brighton, Minnesota, US. APi Group engages in the industrial, life safety, and specialty construction services businesses. The company offers a wide array of services to different industries. It operates in 242 locations across six countries through its 38 subsidiaries. APi Group provides a network of fire protection and life safety companies that offer end-to-end fire protection solutions. The company provides services for all types of automatic fire sprinkler systems including antifreeze systems, deluge systems, dry pipe systems, pre-action systems, and wet pipe systems.

The company offers its services to different industries including medical, oil and gas, commercial, industrial, residential, security and defense, and higher education. Some of the major subsidiaries of the company include APi Distribution, Twin City Garage Door, MMC, APi International, WSSCO, and APi System Integrators.

Cosco Fire Protection

Cosco Fire Protection was founded in 1959. It is headquartered in San Juan Capistrano, California, US. It offers solutions for fire suppression and life safety systems. It designs, installs, repairs, and maintains systems to protect facilities, people, and investments. The company operates through the fire protection and life safety segments that include suppression systems and alarm and detection systems. The company’s suppression systems segment offers wet fire sprinkler systems, dry pipe systems, pre-action systems, underground supplies, foam special hazard, kitchen hood systems, fire extinguisher, chemical, gaseous, standpipe systems, and fire pumps. Its alarm and detection segment includes alarm and detection control panels; sensors; fire alarm networks; test, inspect, and monitoring devices; access control and security; alarm notification; elevator recall; UL certification; voice evacuation; emergency lighting; and conventional detection. The services offered by the company include design, installation, repair, service, and inspection of fire suppression and life safety systems.

Siemens

Siemens is a technology company and provides solutions in the fields of electrification, automation, and digitization. Siemens is headquartered in Munich, Germany.

The building technologies division of Siemens is a leading provider of automation technologies and services for safe and secure buildings throughout their life span. The business units offer products, solutions, and services for fire security and safety, energy management, home automation, heating, ventilation, and air conditioning.

Siemens has extensive experience in fire safety and provides all the required systems and solutions as per the end-user requirements.

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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.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com

Release Summary

Technavio has announced the top seven leading vendors for the global fire sprinklers market in their latest research report from 2016-2020.

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Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 630 333 9501
UK: +44 208 123 1770
www.technavio.com
media@technavio.com