Registering a CAGR of 7.0% over the forecast period of 2022-2027, the global Fire Damper market is anticipated to reach the market value of US$ 219.5 million in the year 2026 from US$ 204.6 million in the year 2020.
The fire damper secures the integrity of the existing barrier thus preventing fire penetration before temperatures reach the fire rating level of the barrier itself. Its primary function is to prevent the passage of fire from one side to the other of a fire-rated separation.Fire dampers respond to heat, when the temperature reaches a set point the damper slams shut. Smoke dampers respond to the detection of smoke, and close automatically. They can also be activated remotely. They resist the passage of smoke, toxic gases and air through a fire barrier.The pandemic has impacted the growth of the market of fire damper as constant lockdowns shut the manufacturing activities globally. However, as the market is slowly reopening, the fire damper market is anticipated to register a steady growth over the forecast period. Another factor which is expected to be pivotal in the growth of the market is infrastructural development in developing countries has led the governments to enforce strict regulations in order to decrease infrastructural loss or damage. Furthermore, new opportunities will be provided to the players due to product innovation, use of advanced digital tool and acceptance of new technologies modern electronics are likely to improve the quality, efficiency and capacity of the fire truck. Along with the aforementioned points, rising number of wildfire incidents occurring across the world is also boosting the growth of the market. Another factor which is expected to boost the market growth is high living standards and the rising awareness regarding safety.
Industry Updates:
Fire Damper Market is segmented based on the type, applications, companies and regions.
Market Volume (%) By Type, it is segmented into
Market Volume (%) By Applications it is segmented into
The fire Damper market is expected to be dominated by Asia-Pacific, followed by North America and Europe, during the forecast period. The presence of key low-cost manufacturers of China, coupled with the increase demand from residential and commercial applications in emerging economies, such as China, South Korea, and India, is expected to drive the market growth during the forecast period 2026.
All these factors greatly affect the Fire Damper market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales value, sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Fire Damper Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Fire Damper Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
The report includes in-depth assessment of the competitive landscape, product market sizing (Value and Volume), product benchmarking, market trends, product developments, financial analysis, strategic analysis and many more to measure the impact forces and potential opportunities of the market. As well as this the report also includes a study of major developments in the market like product launches, agreements, acquisitions, collaborations, mergers and many more to comprehend the prevailing market dynamics at current and its impact in the forecast period 2012-2027.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 7.0% during the review period (2022 to 2027). |
By Type |
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By Application |
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By Companies | 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 |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 135 |
Customization Available | Yes, the report can be customized as per your needs |
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Fire Damper Market is studied from 2017 - 2027.
What is the growth rate of Fire Damper Market?
The Fire Damper Market is growing at a CAGR of 7.0% over the next 5 years.
Who are the key players in Fire Damper Market?
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
What region does this Fire Damper Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Fire Damper Market?
Mechanical Dampers, Intumescent Dampers, Air Transfer Fire Dampers, Others
What are the major end-use applications of Fire Damper Market?
Residential Buildings, Commercial Buildings, Industrial Buildings, Marine, Others.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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