Fire Protection Valves & Fittings Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2023-2030
Fire Protection Valves & Fittings Market is predicted to grow at 7.2% uring the forecast period include increasing infrastructural patterns and high-rise building structures.
Fire Protection Valves & Fittings Market Overview
Fire fittings and valves are used to control the flow of the water. A fire safety valve with fusible links has a primary drop-tight seal. The valve’s main parts are the body and the bonnet, which form a casing that holds water flowing through the valve. A fire fitting is located at the end of a hose to connect with a hose, tap, or water source and is typically made up of brass, stainless steel, or aluminum.
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Major Fire Protection Valves & Fittings Market Drivers
The factors driving the global Fire Protection Valves & Fittings market include increasing infrastructural patterns and high-rise building structures. An integrated building management system will undoubtedly bring a high-risk fire causing injury. It will automatically generate demand for fire protection valves and fittings. Moreover, the increasing number of fire accidents, stringent regulations by several government bodies in emerging countries, and rising demand from various end-use applications will propel the market growth. In addition, growing awareness among consumers regarding fire safety systems and rising investment in transportation infrastructure will increase the demand for Fire Protection Valves & Fittings market.
Restraint in the Fire Protection Valves & Fittings Market
However, high cost of production material may lead to increase in manufacturing cost and can further restrict the market growth of fire protection valves & Fittings.
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Product Type – Segment Analysis
Based on the Product Type, Wet System Valves expected to grow at the fastest rate in the global Fire Protection Valves & Fittings market during the forecast period due to comparatively lower installation and maintenance cost of wet fire sprinkler system. Increasing investment in transportation and growing population are further bolstering the demand for sprinkler and suppression system keeping in mind the safety of people.
End-User – Segment Analysis
Based on the End-User, the commercial segment is projected to capture the largest market share over the forecast period in the global Fire Protection Valves & Fittings market due to the widespread installation of malleable iron fitting in commercial sectors. Sprinklers and suppression system is being installed in these sectors back of a rising number of fire incidents and increasing awareness regarding fire safety measures. For instance, Victaulic offers VicFlex sprinkler fitting systems featured with brackets, hoses, and fittings for a wide variety of applications such as commercial suspended ceilings and commercial metal or wood stud hard lid/drywall ceilings in institutional spaces and clean room environments.
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Regional – Segment Analysis:
Based on the region, North America region is expected to capture a significant market share in the global Fire Protection Valves & Fittings market in due to the rising infrastructure development such as residential, commercial, and industrial sector. These sectors are aware about prior safety measures and precautions need to be carried out while construction of a building. Increased construction and urbanization are gaining traction to bring new horizons for the growth of global fire protection valves and fittings. According to the Associated General Contractors of America, in 2019 construction spending totalled USD 1.28 trillion, creating new opportunities for the fire protection valves and fittings market.
Top Market Players
Various notable players operating in the market include Anvil International LLC, HD Fire Protect Pvt Ltd., Reliable Automatic Sprinkler Co., Inc., Tyco Fire Products, Raphael Valves Industries Ltd., Rapidrop Global Ltd., Global Fire Sprinkler Corporation, Minimax Viking GmbH, Brigit System pyt Ltd., Cla-Val Co., among others.
Key Developments:
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- In 2021, Victaulic Company, a leader in fire protection products and systems, acquires Waupaca Foundry’s Lawrenceville. The acquisition will increase company’s production capacity by 70 percent in the US and enable Victaulic to produce larger scale products.
Segments covered in the Report:
The global Fire Protection Valves & Fittings market has been segmented on the basis of Product Type, End-User, Fitting Type, and regions. Based on Product Type, the market is segmented into Wet System Valves, Dry System Valves, Deluge and Pre-Action System Valves, General Purpose Valves. Based on End-User, the market is segmented into Residential, Transportation Infrastructure, Industrial, Commercial, Energy & Power. Based on Fitting Type, the market is segmented into Grooved Fittings & Coupling, Pipe Hanger & Clamps, Malleable Iron & Fittings.
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Report Coverage |
Details |
Market Revenues (2022) |
USD billion |
Market Base Year |
2022 |
Market Forecast Period |
2023-2030 |
Base Year & Forecast Units |
Revenues (USD billion) |
Market Segment | By Product Type, By End-User, By Fitting Type, By Region |
Regional Coverage | Asia Pacific, Europe, North America, and RoW |
Companies Profiled | Anvil International LLC, HD Fire Protect Pvt Ltd., Reliable Automatic Sprinkler Co., Inc., Tyco Fire Products, Raphael Valves Industries Ltd., Rapidrop Global Ltd., Global Fire Sprinkler Corporation, Minimax Viking GmbH, Brigit System pyt Ltd., Cla-Val Co., among others; a total of 10 companies covered. |
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Market Segmentation
Global Fire Protection Valves & Fittings Market by Product Type
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- Wet System Valves
- Dry System Valves
- Deluge and Pre-Action System Valves
- General Purpose Valves
Global Fire Protection Valves & Fittings Market by End-User
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- Residential
- Transportation Infrastructure
- Industrial
- Commercial
- Energy & Power
Global Fire Protection Valves & Fittings Market by Fitting Type
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- Grooved Fittings & Coupling
- Pipe Hanger & Clamps
- Malleable Iron & Fittings
Global Fire Protection Valves & Fittings Market by Region
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North America Fire Protection Valves & Fittings Market (Option 1: As a part of the free 25% customization)
- by Product Type
- by End-User
- by Fitting Type
- US Market All-Up
- Canada Market All-Up
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Europe Fire Protection Valves & Fittings Market (Option 2: As a part of the free 25% customization)
- by Product Type
- by End-User
- by Fitting Type
- UK Market All-Up
- Germany Market All-Up
- France Market All-Up
- Spain Market All-Up
- Rest of Europe Market All-Up
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Asia-Pacific Fire Protection Valves & Fittings Market (Option 3: As a part of the free 25% customization)
- by Product Type
- by End-User
- by Fitting Type
- China Market All-Up
- India Market All-Up
- Japan Market All-Up
- Rest of APAC Market All-Up
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RoW Fire Protection Valves & Fittings Market (Option 4: As a part of the free 25% customization)
- by Product Type
- by End-User
- by Fitting Type
- Brazil Market All-Up
- South Africa Market All-Up
- Saudi Arabia Market All-Up
- UAE Market All-Up
- Rest of world (remaining countries of the LAMEA region) Market All-Up
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Major Players Operating in the Fire Protection Valves & Fittings (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)
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- Anvil International LLC
- HD Fire Protect Pvt Ltd.
- Reliable Automatic Sprinkler Co., Inc.
- Tyco Fire Products
- Raphael Valves Industries Ltd.
- Rapidrop Global Ltd.
- Global Fire Sprinkler Corporation
- Minimax Viking GmbH
- Brigit System pyt Ltd.
- Cla-Val Co.
Frequently Asked Question About This Report
Fire Protection Valves & Fittings Market [UP405A-00-0620]
Various notable players operating in the market include Anvil International LLC, HD Fire Protect Pvt Ltd., Reliable Automatic Sprinkler Co., Inc., Tyco Fire Products, Raphael Valves Industries Ltd., Rapidrop Global Ltd., Global Fire Sprinkler Corporation, Minimax Viking GmbH, Brigit System pyt Ltd., Cla-Val Co., and among others.
The wet system valves segment is expected to grow at a higher CAGR during the forecast period due to comparatively lower installation and maintenance cost of wet fire sprinkler system.
The North Amercia region is anticipated to dominate the market during the forecast period due to the rising infrastructure development such as residential, commercial, and industrial sector.
The major factor accelerating the growth of Fire Protection Valves & Fittings is market include increasing infrastructural patterns and high-rise building structures.
- Published Date: Jun-2023
- Report Format: Excel/PPT
- Report Code: UP405A-00-0620
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The report is used by the purchaser (One Individual) only
Multi-User License:Report is shared with maximum 5 users (employees) including the purchaser of the purchasing corporation only
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Report is shared with unlimited user (employees) of the purchasing corporation only
Fire Protection Valves & Fittings Market Size, Share, Trends and Growth Report – Global Opportunities & Forecast, 2023-2030
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