Making a splash: The industry will grow in light of rebounding domestic construction activity

Over the five years to 2017, the rapid expansion in domestic construction markets has boosted sales of sprinkler systems, which has helped the Automatic Fire Sprinkler System Manufacturing industry grow. Significant growth in the values of both residential and nonresidential construction have enabled the industry to experience revenue growth over the past five years, as sprinkler systems are now required in the construction of most new apartments, condominiums and other multiunit residential dwellings, as well as most new commercial construction projects. Over the five years to 2022, the industry is expected to continue to grow, as these favorable conditions are forecast to hold...purchase to read more.

Industry Statistics & Market Size
Revenue
$383m
Annual Growth 12-17
2.0%
Forecast Growth 17-22
Profit
Employment
1,191
Businesses
34
Market Share of Companies

Industry Threats & Opportunities

  • Demand for industry products corresponds to the level of new construction activity within the United States
  • Legislation has helped bolster purchases of fire sprinklers by building contractors
  • Increased need for computer, electrical and data storage space is likely to drive demand
  • Industry Report - Starting a New Business Chapter

    Barriers to entry are high, due to the small number of national and regional manufacturers operating within this industry. In fact, the top three US fire sprinkler system manufacturers are estimated to account for 63.4% of the industry's total market share. Such a high degree of concentration creates a difficult environment for new entrants to gain a foothold within the industry. Prospective industry manufacturers will have to lay down substantial capital investments for production facilities and attract a highly skilled workforce capable of designing, installing and repairing sprinkler systems in a variety of commercial, residential and public settings...purchase to read more.

    Additional Insights for the Automatic Fire Sprinkler System Manufacturing Industry

    IBISWorld identifies 250 Key Success Factors for a business.The most important for the Automatic Fire Sprinkler System Manufacturing Industry are

  • Access to technology
  • Effective quality control
  • Effective cost controls
  • IBISWorld analysts also discuss how external factors such as Value of private nonresidential construction and Trade-weighted index in the Automatic Fire Sprinkler System Manufacturing industry impact industry performance..

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    What's in this report

    What is the Automatic Fire Sprinkler System Manufacturing Industry?

    This industry manufactures fire-protection systems that use automatic sprinklers. These systems typically consist of a network of pipes connected to a building’s water supply. Industry products include devices that detect fire and automatically release water to combat the flames. The industry does not include revenue generated from the actual installation and maintenance of sprinkler systems in buildings.

    Industry Products
  • Residential wet pipe systems
  • Nonresidential wet pipe systems
  • Dry pipe systems
  • Industry Activities
  • Manufacturing wet pipe sprinkler systems
  • Manufacturing dry pipe sprinkler systems
  • Manufacturing deluge and pre-action sprinkler systems
  • Manufacturing other similar fire suppression devices
  • Table of Contents

    Industry Definition
    Main Activities
    Similar Industries
    Additional Resources
    Industry Statistics Snapshot
    Industry Structure
    Executive Summary
    Executive Summary
    Key External Drivers
  • Value of private nonresidential construction
  • Trade-weighted index
  • Value of residential construction
  • Private investment in computers and software

  • Current Performance
  • Construction markets
  • Fire safety regulation
  • Industry structure
  • Chart: Revenue Growth

  • Industry Outlook
  • Construction markets
  • Trade and industry landscape
  • Table: Automatic Fire Sprinkler System Manufacturing Industry Revenue Outlook

  • Industry Life Cycle
  • Life cycle reasons
  • Chart: Benchmarking - Automatic Fire Sprinkler System Manufacturing Industry Lifecycle vs The Economy

  • Supply Chains
    Key Buying Industries
  • Apartment & Condominium Construction
  • Industrial Building Construction
  • Commercial Building Construction
  • Municipal Building Construction

  • Key Selling Industries
  • Ball Bearing Manufacturing
  • Iron & Steel Manufacturing
  • Metal Pipe & Tube Manufacturing
  • Screw, Nut & Bolt Manufacturing

  • Products & Services
  • Nonresidential wet pipe systems
  • Residential wet pipe systems
  • Dry pipe systems
  • Other
  • Chart: Automatic Fire Sprinkler System Manufacturing Industry Products and Services Segmentation

  • Demand Determinants
    Major Markets
  • Nonresidential construction
  • Exports
  • Residential construction
  • Chart: Major Market Segmentation for the Automatic Fire Sprinkler System Manufacturing Industry

  • International Trade
    Business Locations
    Chart: Business Locations by State
    Market Share Concentration
    Key Success Factors
    Cost Structure Benchmarks
  • Profit
  • Purchases
  • Wages
  • Other
  • Chart: Cost Structure Benchmarking – Sector vs Automatic Fire Sprinkler System Manufacturing

  • Basis of Competition
    Barriers to Entry
  • Table: Barrier to Entry Checklist for the Automatic Fire Sprinkler System Manufacturing Industry

  • Industry Globalization
    Johnson Controls International PLC, APi Group Inc.,
  • Table: Johnson Controls International PLC - financial performance
  • Table: APi Group Inc. - financial performance

  • Capital Intensity
  • Chart: Level of Capital Intensity for the Automatic Fire Sprinkler System Manufacturing Industry
  • Chart: Tools of the Trade: Growth Strategies for Success

  • Technology & Systems
    Revenue Volatility
  • Chart: Volatility vs Industry Growth

  • Regulation & Policy
    Industry Assistance
    Table: Industry Data for the Automatic Fire Sprinkler System Manufacturing Industry
    Includes:
  • Industry Revenue (2008-2022)
  • Industry Gross Product (2008-2022)
  • Establishments (2008-2022)
  • Businesses (2008-2022)
  • Employment (2008-2022)
  • Exports (2008-2022)
  • Imports (2008-2022)
  • Wages (2008-2022)
  • Trade-weighted index (2008-2022)

  • Table: Annual Percentage Change for Key Industry Data
    Table: Key Ratios for Industry Key Data
    Dry Pipe
  • A fire-extinguishing system consisting of a network of overhead pipes that release water automatically when a predetermined temperature has been reached.
  • Standpipe System
  • A system of standpipes, pumps, siamese connections, and piping, provided with an adequate supply of water and equipment with hose outlets for fire fighting.
  • Wet Fire
  • A sprinkler system in which the pipes contain water under pressure even when not in use.
  • What Our Customers Say

    Why buy this report?

    IBISWorld’s Industry Market Report on Automatic Fire Sprinkler System Manufacturing is a comprehensive guide to market size and growth prospects. Ensure due diligence in your research with our strategic analysis of the factors influencing companies, including new product developments; economic, lifestyle and demographic influences; distribution and supply chain factors; and pricing issues.

    IBISWorld industry market research reports enable you to:
    • Find out about key industry trends
    • Identify threats and opportunities
    • Inform your decisions for marketing, strategy and planning
    • Quickly build competitive intelligence
    This report on Automatic Fire Sprinkler System Manufacturing:
    • Provides Market Size information to assist with planning and strategic decisions.
    • Includes the necessary information to perform SWOT, PEST and STEER analysis.
    • Helps you understand market dynamics to give you a deeper understanding of industry competition and the supply chain.
    • Analyses key performance and operational metrics so that you can benchmark against your own business, that of your customers’ businesses, or your competitors’ businesses.
    The Automatic Fire Sprinkler System Manufacturing market research report includes:
    • Historical data and analysis for the key drivers of this industry
    • A five-year forecast of the market and noted trends
    • Detailed research and segmentation for the main products and markets
    • An assessment of the competitive landscape and market shares for major companies
    • And of course, much more

    IBISWorld reports on thousands of industries around the world. Our clients rely on our information and data to stay up-to-date on industry trends across all industries. With this IBISWorld Industry Research Report on Automatic Fire Sprinkler System Manufacturing, you can expect thoroughly researched, reliable and current information that will help you to make faster, better business decisions.

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