The global high pressure fixed firefighting misting system market to gain from rising environmental awareness among people. Fortune Business insights has published a report, titled “High Pressure Fixed Firefighting Misting System Market Size, Share and Global Trend By Application (Industrial, Commercial, Residential) and Geography Forecast Till 2025.” According to the report, in 2017 the global high pressure fixed firefighting misting system market was worth US$ 291.5 Mn. The global market is anticipated to expand at a CAGR of 6.3% and reach US$ 472.6 Mn by the end of 2025.
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Key Companies Covered in The Report
- SWASTIK SYNERGY ENGINEERING PRIVATE LIMITED
- Ultra Fog
- By Application
- By Region
- North America (S. and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)
- Latin America (Brazil, Mexico and Rest of Latin America)
Data Centers to Propel Maximum Demand for Firefighting System
In terms of application, the commercial segment emerged dominant in the global high pressure fixed firefighting misting system market in 2017. The segment accounted for 39% of the global market in 2017. Majorly the global high pressure fixed firefighting misting system market is gaining impetus due to the rising application in purposes such as Ro-Ro space of the ship and data centers. The need for high security among cloud-based service providers has shifted their focus towards high pressure fixed firefighting misting system.
This is an ideal solution for data centers as the system offers quick activation, is ecofriendly, easy installation, and others. These are a few factors facilitating faster adoption of the system across application areas. Besides this, technological advancements in the firefighting systems is also increasing their demand. For instance, Danfoss introduced a new high pressure water mist system for data centers the SEM-SAFE. The system is in-built with interlock pre-action system and has a modular design to facilitate higher security and flexible expanding. This is likely to propel demand in the global high pressure fixed firefighting misting system market.
FOGTEC, to Expand its Operations Across Regions
FOGTEC is among the leading players in the global high pressure fixed firefighting misting system market. FOGTEC water misting system is fitted in various buildings, stations, museums, and others. For instance, FOGTEC misting system protects the Tianjin Qiaoyuan Bridge Culture Museum in China. Some of the other companies operating in the global high pressure fixed firefighting misting system market are Marioff Corporation, Ultra Fog Global Service, The Danfoss Group, Tyco, Securiplex Inc., and Swastik Synergy Engineering.
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An Overview of the Impact of COVID-19 on this Market:
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
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