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Report overview
The global Water Mist Fire Extinguishing System market was valued at US$ 1008.4 million in 2022 and is projected to reach US$ 1345.9 million by 2029, at a CAGR of 4.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Water Mist Fire Extinguishing Systems are a new technology in the development of automatic extinguishing systems. In contrast to conventional sprinkler systems, this system uses the volume of finely atomized water dispersed in close proximity to the flame creates a high quantity of water vapor, which displaces the surrounding air and thus its oxygen, choking the flame. Nowadays water mist fire extinguishing system has become one of the most environmentally friendly fire protecting systems in the market and it is widely used in Public Buildings, Healthcare Institutions, Data Centers, Factories, Laboratories and other fields.
This report aims to provide a comprehensive presentation of the global market for Water Mist Fire Extinguishing System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Water Mist Fire Extinguishing System. This report contains market size and forecasts of Water Mist Fire Extinguishing System in global, including the following market information:
Global key players of water mist fire extinguishing system include Danfoss, Carrier, Yamato Protec, Watermist, FOGTEC, etc. The top five players hold a share over 48%. Europe is the largest producer of water mist fire extinguishing system, holds a share over 37 percent. In terms of product type, High Pressure Water Mist System is the largest segment, occupied for a share of 77%, and in terms of application, Factories has a share about 31 percent.
We surveyed the Water Mist Fire Extinguishing System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Water Mist Fire Extinguishing System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Water Mist Fire Extinguishing System Market Segment Percentages, by Type, 2022 (%)
Global Water Mist Fire Extinguishing System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Water Mist Fire Extinguishing System Market Segment Percentages, by Application, 2022 (%)
Global Water Mist Fire Extinguishing System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Water Mist Fire Extinguishing System Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Water Mist Fire Extinguishing System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Water Mist Fire Extinguishing System revenues share in global market, 2022 (%)
Key companies Water Mist Fire Extinguishing System sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Water Mist Fire Extinguishing System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: