In the world economic growth, the Fire Damper industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Fire Damper market size to maintain the average annual growth rate of XXX from XXX million $ in 2014 to XXX million $ in 2019, SMI analysts believe that in the next few years, Fire Damper market size will be further expanded, we expect that by 2024, The market size of the Fire Damper will reach XXX million $.
Overview
A fire damper refers to a passive fire protection product, which is used in ventilation, heating, and air conditioning ducts to prevent the spread of fire inside the ductwork. When the temperature increases, the fire damper closes, which is activated by a thermal element that melts at temperatures higher than ambient. It also closes when it receives an electrical signal from a fire alarm system. The global fire damper market focuses on six regions namely North America, Latin America, Europe, Asia Pacific, and Middle East. The global fire damper market is expected to witness significant growth during the forecast period, owing to rising incidents of fire breakouts.
Market Drivers
Increasing incidents of fire breakouts are expected to drive growth of the global fire damper market during the forecast period. According to the U.S. Fire Administration (USFA), there were around 1,318,500 incidents reported in the U.S., which caused deaths of 3,655, which is 20.5% up from 2009. Moreover, these fire breaks cost around US$ 25.6 billion in 2018, which 90.6% up from 2009. Fire dampers have the capability to arrest the spread of fire, which can save so many lives and a significant amount of money. Thus, these factors are expected to support growth of the market. Furthermore, stringent government regulations regarding fire safety equipment and measures in building are expected to propel the global fire dampers market growth over the forecast period.
Market Restraints
Lack of awareness regarding benefits of fire dampers is expected to hinder the global fire damper market growth over the forecast period.
Regional Insights
Among regions, North America is expected to witness significant growth in the global fire damper market during the forecast period. This is owing to the presence of buildings with adequate fire safety features in the region. Moreover, Asia Pacific is expected to exhibit a lucrative growth rate over the forecast period, owing to strict regulatory policies regarding fire safety measurements in the region.
Competitive Section
Key players operating in the global fire damper market are TROX, Dezhou Changxing, Ruskin, Suzhou Foundation, FLAKT WOODS, Jingjiang Nachuan, Greenheck, Chongqing Eran, HALTON, Air Management Inc., Rf-Technologies, Celmec, Aldes, and Ventilation Systems JSC.
Key companies in the market are focused on product launches, in order to enhance product portfolio. For instance, in February 2020, TROX UK introduced FKA2-EU, a fire damper for every conceivable installation situation.
This Report covers the manufacturers' data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
Besides, the report also covers segment data, including: type segment, industry segment, channel segment etc. cover different segment market size, both volume and value. Also cover different industries clients information, which is very important for the manufacturers. If you need more information, please contact SMI
Section 1: Definition
Section (2 3): Manufacturer Detail
TROX
Ruskin
FLAKT WOODS
Greenheck
Actionair
HALTON
Rf-Technologies
Nailor
Flamgard Calidair
MP3
Aldes
Lorient
KOOLAIR
BSB Engineering Services
Ventilation Systems JSC
Klimaoprema
Lloyd Industries
Celmec
Systemair
Air Management Inc
AMALVA
ALNOR Systems
Tecno-ventil SpA
NCA Manufacturing, Inc
TANGRA
Chongqing Eran
Shandong Zhongda
Jingjiang Nachuan
Suzhou Foundation
Dezhou Changxing
Section 4: Region Segmentation
North America Country (United States, Canada)
South America
Asia Country (China, Japan, India, Korea)
Europe Country (Germany, UK, France, Italy)
Other Country (Middle East, Africa, GCC)
Section (5 6 7):
Product Type Segmentation
Mechanical Dampers
Intumescent Dampers
Air Transfer Fire Dampers
Industry Segmentation
Residential Buildings
Commercial Buildings
Industrial Buildings
Marine
Channel (Direct Sales, Distributor) Segmentation
Section 8: Trend (2019-2024)
Section 9: Product Type Detail
Section 10: Downstream Consumer
Section 11: Cost Structure
Section 12: Conclusion
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