Global Market Insights has recently added a report on Smoke Pressure System Market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere.
The construction sector in the Middle East, Asia Pacific, and Europe is experiencing rapid growth due to rapid urbanization and several infrastructure refurbishment activities, thereby providing ample growth opportunities to the smoke pressure system market growth. With urbanization becoming an unrelenting trend, the limitation for space is leading to the construction of more midrise to high-rise buildings. Stringent government regulations to ensure the safety of people and property in high-rise buildings will further support the stairwell pressurization system market demand.
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Smoke Pressure System Market is projected to exceed USD 500 million by 2024. The growing data center industry is demanding enhanced smoke pressure and fire suppression solutions to prevent the loss of sensitive data due to fire accidents. The complexity and sensitivity of the electronic equipment used in the current data centers coupled with the losses caused due to interruptions are stressing on the significance of fire protection solutions in data center risk assessment. The rise in the adoption of data centers across various verticals, such as BFSI, manufacturing, utility, IT & telecom, healthcare, and energy, is projected to propel the stairwell pressurization system market growth.
Wall installation solution is expected to witness a steady growth over the forecast timespan. The growth can be attributed to the rugged construction that ensures the longevity. Single point injection systems that are less complicated can use wall-mounted propeller fans. Easy accessibility of the electrical components that facilitate fast maintenance is an important factor aiding the wall installation stairwell pressurization system market growth. These systems also guarantee cost savings as opposed to the roof-mounted solutions that require the construction of a separate duct.
Complexities in designing the pressurization units within the code-specified pressure differential limits are expected to hamper the smoke pressure system market growth. Numerical simulations are conducted for these systems aimed at the adherence to the standards postulated by the International Building Code (IBC). Designing these solutions for high-rise buildings involves the evaluation of the vertical air movement due to the temperature difference between the conditioned building air and the ambient outside air, which further increases the complexity of the overall design.
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Key players operating in the smoke pressure system market include:
- Greenheck Fan Corporation
- Flakt Group
- Colt International Ltd
- Systemair AB
- NOVENCO Building & Industry
- Aldes Aeraulique S.A
- Sodeca SLU
- Air Pressure Solution
- Essmann Group
- Strulik GmbH
The industry is consolidated owing to the presence of a few players owning the majority of the market share. Intense competition among major players to offer technologically-advanced solutions also contributes to the smoke pressure system market growth.
The presence of several manufacturing companies in Germany and France generates a huge amount of data and leads to an increase in the number of data centers in these regions, thereby supporting the stairwell pressurization system market growth. The flourishing construction industry of Europe following the government efforts to expand and upgrade the existing infrastructure demands for enhanced smoke control units to ensure the safety of people. For instance, in Germany, the Berlin Building Regulations mandate for the installation of smoke alarm devices effective from January 1, 2017.