Smoke and Fire Dampers Market Size is projected to reach USD 2.8 Billion by 2030


Posted September 21, 2023 by Niraj1

The manufacturing, distribution, and installation of smoke dampers, fire dampers, and combination dampers fall under the purview of the smoke and fire damper market.
 
The manufacturing, distribution, and installation of smoke dampers, fire dampers, and combination dampers fall under the purview of the smoke and fire damper market. Due to stricter construction norms and regulations, greater emphasis on occupant safety, and growing awareness of fire safety in buildings, the industry has experienced consistent expansion in recent years.
In 2022, the market for smoke and fire dampers was expected to be valued roughly USD 1.5 billion. It is projected to grow at a CAGR of 5.8% from USD 1.9 billion in 2023 to USD 2.8 billion in 2030. Urbanization, infrastructure growth, and the erection of commercial, industrial, and residential structures all fuel the market. The smoke and fire damper markets are well-established in developed regions with stringent fire safety laws, such as North America and Europe. Market expansion is also being aided by the quick urbanization and infrastructural development of emerging economies, particularly those in the Middle East and Asia-Pacific.

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Smoke and Fire Dampers Market Growth Drivers:
As people become more aware of the destructive effects of fires on property, lives, and the environment, fire safety has become a top priority in buildings across many industries. In order to improve occupant safety and reduce property damage, building owners, facility managers, and regulatory agencies are emphasizing the implementation of efficient fire protection systems, including smoke and fire dampers.
In particular in rising nations, the requirement for efficient fire protection systems, including dampers, grows as metropolitan areas grow and new infrastructure projects are started. The demand for smoke and fire dampers in office buildings, hospitals, schools, and other urban infrastructure is driven by urbanization.
Manufacturers are creating novel damper systems with attributes including enhanced energy efficiency, remote monitoring, sophisticated control systems, and interaction with building management systems. The performance, dependability, and ease of maintenance of dampers are improved, increasing their demand in the market.
Smoke and Fire Damper Market Segmentation:
• By Type:
o Manual Type
o Motorized Type
• By Installation:
o Duct
o Wall
o Ceiling
• By Material:
o Steel
o Aluminum
o Others
• By Distribution Channel:
o Online
o Offline
• By Application:
o Residential Buildings
o Commercial Buildings
o Industrial Buildings
o Marine
o Transportation
o Healthcare
o Others
• By Region:
o North America
o Europe
o Asia-Pacific
o Latin America
o Middle East & Africa

Smoke and Fire Dampers Market Key Global Players:
Numerous players are vying for market share and investing in new technologies and product development to stay ahead of the curve in the market. Several key global players in the smoke and fire dampers market include:
· Ruskin
· Arlan Damper
· Flakt Group
· Greenheck
· Halton
· Lloyd
· Mestek
· Nailor
· NCA
· Pottorff
· TANGRA
· TROX GmbH
· United Enertech
· Other Players

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Issued By James
Country United Arab Emirates
Categories Business , Consumer , Industry
Tags smoke and fire dampers market , smoke and fire dampers market size , smoke and fire dampers market share , smoke and fire dampers market news
Last Updated September 21, 2023