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Smoke Pressure System Market Growth Analysis
Smoke Pressure System Market Size, Share, Trend, Forecast, & Industry Analysis – 2022-2028.
The smoke pressure system market was estimated to grow from USD 374.22 million in 2021 to reach USD 556.31 million by 2028 at a CAGR of 5.71% during the forecast period.
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What is Smoke Pressure System?
Smoke Pressure System is growing in utilization of pressurization systems in newly constructed as well as existing infrastructures due to the increasing incidences of fire accidents.
Market Features |
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Market Size in 2028 |
USD 556.31 Million |
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Market Size in 2021 |
USD 374.22 Million |
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Market Growth (2022-2028) |
5.71% CAGR |
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Base Year of Study |
2021 |
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Trend Period |
2016-2020 |
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Forecast Period |
2022-2028 |
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Top Companies in 2022 |
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Dominant Region |
North America is estimated to be the leading region in the market during the forecast period. |
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Increasing utilization of pressurization systems in newly constructed as well as existing infrastructures on account of the increasing incidences of fire accidents is bolstering the smoke pressure system market growth. Furthermore, the surge in residential construction, non-residential buildings, and government construction projects is providing substantial growth opportunities to the industry.
Some of the key players in the market are-
By Product Type
The market is segmented as roof mounted and wall installation. Roof-mounted smoke pressure system is expected to witness significant growth rate in the market during the forecast period owing to its improved smoke control capability.
By Component Type
The market is segmented as supply air fan unit, control panel, sensors, and accessories. Supply air fan unit component type is anticipated to register high growth rate in the market over the forecast period. The growth of the segment is driven by low installation cost coupled with the ease-of-use offered by this equipment, which will drive the industry demand in the coming years.
By Region
North America is estimated to be the leading region in the market owing to the fact that the region’s growing construction sector, together with the region's solid economic conditions, are encouraging the construction of technologically-advanced structures that incorporate the most up-to-date fire safety features.
The NFPA 92 Standard for Smoke Control Systems is used to design smoke control systems for infrastructures in the United States. Europe and Asia-Pacific are also expected to offer substantial growth opportunities during the forecast period.
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Segmentation
The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
The smoke pressure system market is segmented into the following categories.
By Product Type:
By Component Type:
By Region:
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This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.
More than 1,000 authenticated secondary sources, such as company annual reports, fact book, press release, journals, investor presentation, white papers, patents, and articles have been leveraged to gather the data.
We conducted more than 10 detailed primary interviews with the market players across the value chain in all four regions and with industry experts to obtain both the qualitative and quantitative insights.
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.
The following are the key features of the report:
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Report - Features |
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Segmentation |
3 |
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Regions Covered |
4 |
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Countries/Sub-Regions Covered |
17 |
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No. of Figures & Tables |
>130 |
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Company Profiles |
10 |
Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Segmentation
Competitive Benchmarking
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry at sales@stratviewresearch.com.
Smoke Pressure System is growing in utilization of pressurization systems in newly constructed as well as existing infrastructures due to the increasing incidences of fire accidents.
The market is expected to grow at a CAGR of 5.71% during the review period.
The market size is estimated to grow from USD 374.22 Mn in 2021 to USD 556.31 Mn by 2028.
North America is estimated to be the leading region in the market during the forecast period.
Systemair AB, FlaktGroup, Colt International Ltd., Greenheck Fan Corporation, Sodeca SLU, Nuaire, Aldes Aeraulique S.A., NOVENCO Building & Industry, Essmann Group, GSBmbh, Air Pressure Solution, and Strulik GmbH. are the key companies in the market.
The supply air fan unit segment has the largest share of the market during the estimated time.
The study period of the market is 2016-2028.
Increasing utilization of pressurization systems in newly constructed as well as existing infrastructures on account of the increasing incidences of fire accidents is bolstering the smoke pressure system market growth.
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