Middle East and Africa Fire Sprinkler Market
Middle East and Africa Fire Sprinkler Market: Information by Type (Product and Services), Components (Alarm Value), Technology (Active Fire Protection), End-User (Commercial, Residential, and Industrial), Country—Forecast till 2031
Market Overview
The Middle East and Africa Fire Sprinkler market was valued at USD 1,018 million in 2022 and is projected to reach USD 1,774 million by 2031, registering a CAGR of 5.8% during the forecast period (2023-2031).
"Fire Sprinkler" is a magnetic fire suppression system that assists in lowering greenhouse gas emissions from structures during fire occurrences. Fire sprinklers are widely employed in sectors where loss from fire threats is particularly significant, such as oil and gas, telecommunication, mining, energy and electricity, and data centers.
Highlights
- Product type dominates the market by type.
- The Stop Value dominates the market by Components.
- Active Fire Protection dominates the market by Technology.
- Commercial dominates the market by the end user.
- UAE dominates the market by region.
Market Snapshot
Market Dynamics
Middle East and Africa Fire Sprinkler Market Drivers
Increasing Awareness of Fire Safety
One of the key reasons propelling the growth of the Middle East and African fire sprinkler market is the growing public awareness of fire safety. Fire sprinklers can save lives and protect property by effectively preventing and controlling fires. People are increasingly inclined to install fire sprinklers in their homes and places of business as they become more aware of the risks posed by fire.
Stringent Government Regulations
The Middle East and African governments are imposing strict laws governing the installation of fire sprinklers in buildings. The market players can anticipate new opportunities because of this.
Middle East and Africa Fire Sprinkler Market Restraints
High Cost of Installation
Installing fire sprinkler systems is a difficult and pricey process. The installation price may differ based on the size and nature of the building, the region's labor costs, and other factors.
Lack of Awareness in Rural Areas
Compared to metropolitan areas, rural communities have lower levels of fire safety awareness. This is a significant barrier to the rural in developing nations in the Middle Eastern and African markets.
Middle East and Africa Fire Sprinkler Market Opportunities
Growth of the E-Commerce Industry
The demand for fire sprinklers in the Middle East and Africa is anticipated to increase with the expansion of the e-commerce sector. Fire sprinklers can aid in preventing fires and preserving property in e-commerce warehouses, which present a significant fire risk.
Technological Advancements
Fire sprinkler system technological developments are anticipated to open up new potential for market players. One key market trend that is anticipated is the development of smart fire sprinkler systems that can be operated remotely.
Segmental Analysis
The Middle East and Africa fire sprinkler market is segmented based on type, component, Technology, end-user, and country.
Based on type, the market is segmented by Product type and Service Type.
The product type dominated the market and is expected to register a CAGR of 5.8% over the forecast period.
Based on components, the market is segmented by Stop Value, Alarm value, Fire sprinkler head, Alarm test value, and Motorized alarm bell.
The Stop Value dominated the market and is expected to register a CAGR of 4.6% over the forecast period.
Based on Technology, the market is segmented into Active Fire Protection and Passive Fire Protection.
Active Fire Protection dominated the market and is expected to register a CAGR of 4.3% over the forecast period.
Based on End-Users, the market is segmented into Commercial, Residential, and Industrial.
The Commercial dominated the market and is expected to register a CAGR of 4.9% over the forecast period.
Regional Analysis
Middle East and Africa Sprinkler Market is segmented by country into UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, and the Rest of MEA. UAE dominates the region's market and is expected to grow at a CAGR of 6.0% during the forecast period.
The Middle East and Africa Fire Sprinkler market is expected to grow because of increasing awareness of fire safety among the people of the Middle East and Africa and because of stringent government regulations for installing fire sprinklers in the building.
Top Key Players of Middle East and Africa Fire Sprinkler Market
- AG Sprinkler
- Fireflex
- Angus Fire
- Newage India
- Fire Safety Singapore
- Masteco
- Atlantique Automatisme Incendie
- Senju Sprinkler
- Cyrus Industrie
- Bristol Fire Engineering LLc
- Brigit Group
Report Scope
| Report Metric | Details |
|---|---|
| CAGR | 5.8% |
| Forecast Period | 2023-2031 |
| Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends |
| Segments Covered |
|
Recent Developments
- February 2023 - Hochiki America Corporation introduced a new line of fire sprinklers designed to be more efficient and effective. The new sprinklers use less water and can extinguish fires faster.
- January 2023 - Honeywell International Inc acquired a competitor, Fire Protection Systems, Inc. The acquisition will allow Honeywell International Inc to expand its market share and offer a wider range of fire sprinkler products and services.
Middle East and Africa Fire Sprinkler Market Segmentation
By Components
- Stop Value
- Alarm Value
- Fire Sprinkler Head
- Alarm Test Value
- Motorized Alarm Bell
By Types
- Product
- Service
By Technology
- Active Fire Protection
- Passive Fire Protection
By End-User
- Commercial
- Residential
- Industrial
By Country
- UAE
- Turkey
- Saudi Arabia
- South Africa
- Egypt
- Nigeria
- Rest of MEA
Frequently Asked Questions (FAQs)
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Report Benefits
- Develop business strategies by understanding the trends shaping and driving the Market.
- Drive revenues by understanding the key trends, innovative products and technologies, market segments, and companies likely to impact the Market in the future.
- Formulate effective sales and marketing strategies by understanding the competitive landscape and by analysing the company share of market leaders.
- Identify emerging players with potentially strong product portfolios and create effective counter-strategies to gain a competitive advantage.
- Track sales in the global and country-specific Market.
- Organize your sales and marketing efforts by identifying the market categories and segments that present maximum opportunities for consolidations, investments and strategic partnerships.
