Global Fire Protection Valves & Fittings Market Forecast Report 2018-2024 - ResearchAndMarkets.com

The "Global Fire Protection Valves & Fittings Market Forecast 2018-2024, By Valve Systems, By Fitting Types, By Applications, By Regions, and Competitive Landscape" report has been added to ResearchAndMarkets.com's offering.

Global Fire Protection Valves and Fittings market is projected to grow at a CAGR of 7.6% during 2018-2024

Fire protection valves and fittings are increasingly being adopted by different end-user applications ranging from residential households, commercial offices as well as oil and gas facilities to large industrial enterprises. Moreover, a growing number of fire incidents and strict monitoring and regulation by several countries have fuelled the demand for valves and fittings globally.

Wet system fire protection valves including alarm valve, riser check valve, and shut-off valve are the most widely used valves globally due to comparatively lower installation and maintenance cost of wet fire sprinkler systems. Rapid investment in transportation infrastructure development and a growing population are further bolstering the demand for sprinkler and suppression systems across all regions. Malleable iron fitting type holds the majority of the revenue share in global fittings market due to their wide scope of installation in hospitality, retail and commercial sectors.

North America captured the majority of the revenue share in global fire protection valves and fittings market, followed by Europe and Asia Pacific, on account of high consumer awareness and strict government regulations in countries such as United States, Canada and Mexico.

Some of the key players in global fire protection valves and fittings market include Tyco, Minimax Viking, Victaulic, Reliable Automatic Sprinkler, Jinan Meide Casting, and others.

Markets Covered:

By Valve Systems

  • Wet System Valves
  • Dry System Valves
  • Deluge & Pre-Action System Valves
  • General Purpose Valves (Pressure Regulating Valve, Butterfly Valve, Trim, Fail Safe, Check Valve)

By Fitting Types

  • Grooved Fittings & Coupling
  • Mechanical T & Cross
  • Pipe Hanger & Clamps
  • Grooved Flange
  • Malleable Iron & Fittings

By Applications

  • Residential
  • Transportation Infrastructure
  • Industrial
  • Commercial
  • Energy & Power

Companies Mentioned

  • Anvil International LLC
  • AVK International A/S
  • Brigit Systems (Pty) Ltd.
  • Cla-Val Co.
  • Globe Fire Sprinkler Corporation
  • HD Fire Protect Pvt. Ltd.
  • Incledon (Pty) Ltd.
  • Jinan Meide Casting Co. Ltd.
  • Minimax Viking GmbH
  • NIBCO Inc.
  • Raphael Valves Industries Ltd
  • Rapidrop Global Ltd.
  • Reliable Automatic Sprinkler Co., Inc.
  • Tyco Fire Products L.P.

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