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 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 systems
- 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 prevent 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 m² 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 according 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 into 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.
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