Article -> Article Details
Title | What are the key growth drivers and challenges in the Latin America Fire Sprinklers Market for 2025? |
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Category | Business --> Business and Society |
Meta Keywords | Latin America Fire Sprinklers Market, Latin American Fire Sprinklers Market, LATAM Fire Sprinklers Market |
Owner | Joey Moore |
Description | |
Latin America Fire Sprinklers Market Overview: Market Size in 2024: USD 487.7 Million The Latin America fire sprinklers market size reached USD 487.7 million in 2024. Looking forward, IMARC Group expects the market to reach USD 876.5 million by 2033, exhibiting a growth rate (CAGR) of 6.39% during 2025-2033. Latin America Fire Sprinklers Industry Trends & Growth Drivers Green Building Mandates Push Smart Water-Mist Systems Mexico’s Official Gazette published NOM-009-CNA-2025 in July 2025. The norm requires all new buildings above 15 m to install water-mist sprinklers. Johnson Controls launched a UL-listed mist line in Mexico City in August 2025. Early adopters cut water use by 60% versus wet-pipe systems. Brazil’s PBQP-H added LEED points for mist systems in June 2025. Sales rose 28% in São Paulo state during Q2 2025. Chile’s Ministry of Housing expects 200 towers to retrofit mist heads by December 2025. Insurance Rebates Reward Quick-Response Residential Upgrades Brazilian insurers now offer 12% premium discounts for QR residential sprinklers. Tyco’s domestic retrofit kit sold 18,000 units in July 2025. Argentina’s Superintendence of Insurance approved similar rebates in August 2025. Homeowners save USD 150 yearly. Colombia’s FASECOLDA reports 22% fewer claims on retrofitted homes. Bogotá’s fire brigade offers free inspections to boost uptake. Industrial IoT Sensors Slash False Alarms by 40% Peru’s mining regulator added IoT sprinkler monitoring in July 2025. Honeywell’s wireless sensors now cover 35 mine sites. False alarms dropped 40% in the first 60 days. Brazilian petrochemical giant Braskem installed 1,200 smart heads in August 2025. The system sends alerts to mobile devices within 3 seconds. Mexico’s Pemex plans 2,000 sensors for offshore platforms by Q1 2026. Download a sample copy of the report: https://www.imarcgroup.com/latin-america-fire-sprinklers-market/requestsample Latin America Fire Sprinklers Market Segmentation: Breakup by Product Type:
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Competitive Landscape: The competitive landscape of the industry has also been examined along with the profiles of the key players. Latin America Fire Sprinklers Market News:
Key highlights of the Report:
Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as part of the customization. About Us: IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research. |