Industry Background:
A water mist system is refer as a fire protection system which uses very fine water sprays that is water mist. This fire protection system are mostly applicable in residential and commercial purposes such as smart homes, oil & gas, energy & power, industries, factories and others. The water mist sprinkler market is rapidly increasing in global regions due to development of automatic fire sprinklers, fire detectors and fire alarms in developed and developing countries.This growth is primarily driven by Protects Life, Property, and Prevention of Damage or Loss Due to Fire-Break and Increasing Government Reimbursements in Installation of Water Mist Sprinkler.
Globally, a noticeable market trend is evident Rising Trend of Automation in Commercial Buildings & Homes in Developing Nations. Major Manufacturers, such as United Technologies Corporation (United States), Watermist Limited (United Kingdom), Koolfog (United States), BETE (United States), Mee Industries (United States), WDT Werner Dosiertechnik (Germany), Ultrafog (United Kingdom), SHIELD Fire, Safety & Security (United Kingdom), Viking Group Inc. (United States) and FOGTEC (Germany) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Regulatory Insights:
Fire sprinkler application and installation guidelines, & overall fire sprinkler system design guidelines are offered by the National Fire Protection Association (NFPA) 13, (NFPA) 13D, and (NFPA) 13R in United States.
Market Drivers
- Protects Life, Property, and Prevention of Damage or Loss Due to Fire-Break
- Increasing Government Reimbursements in Installation of Water Mist Sprinkler
Market Trend
- Rising Trend of Automation in Commercial Buildings & Homes in Developing Nations
Restraints
- Huge Cost of Retrofitting Water Mist Sprinkler in Current Buildings
- Low Integrity in System Interfaces
Opportunities
Increasing Rules and Obligatory Standards and Growing Awareness About the Benefits of Installing Water Mist Sprinkler Around the World
Challenges
Design & maintenance of Water Mist Sprinkler
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