Smoke Pressure System Market Growth Analysis

Market Insights

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 Dynamics

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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.

Key Players

Some of the key players in the market are-

• 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
• Strulik GmbH.

Segment Analysis

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:

• Roof Mounted
• Wall Installation

By Component Type:

• Supply Air Fan Unit
• Control Panel
• Sensors
• Accessories

By Region:

• North America 
• Europe
• Asia-Pacific
• Rest of the World

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Research Methodology

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.

Report Features

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:

• Overview, industry life cycle analysis, supply chain analysis
• Environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Trend and forecast analysis
• Segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors

Customization Option

Stratview Research offers one of the following free customization options to our respectable clients:

Company Profiling

• Detailed profiling of additional market players (up to 3 players)
• SWOT analysis of key players (up to 3 players)

Segmentation

• Current market segmentation by any one of the product types by component type.  

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances

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.