Global Fire Protection System Market Outlook, Opportunities, Trends and Forecast by 2024
Global Fire Protection System Market, By Geography; Product, Technology, Service,
System, Vertical – Industry Trends and Forecast to 2024
The Global Fire Protection System Market
accounted for USD 50.85 billion in 2016 growing at a CAGR of 10.1% during the
forecast period of 2017 to 2024. The upcoming market report contains data for historic
year 2014, 2015, the base year of calculation is 2016 and the forecast period
is 2017 to 2024.
To Get
Free Sample Report of Global Fire Protection System Market Visit @ http://databridgemarketresearch.com/request-a-sample/?dbmr=global-fire-protection-system-market
Fire protection system includes the measures
taken to prevent fire from becoming critical, decrease the influence of
unrestrained fire and save lives and property. It has its wide application in
energy and power, oil, gas, and mining, transportation and logistics and
others. Enhanced technology may act as a major factor in the growth of fire
protection system. On the other side, lack of integrity in system interfaces
may hamper the market.
Major
market drivers & restraints:
- Rise in technological advancements and innovations in equipment
- Inflexible regulatory norms for fire protection systems
- Increasing trend of automation in commercial buildings and smart
homes
- Increased fire-related expenditure of various enterprises, and rise
in deaths and loss of property
- Lack of reliability in system interfaces
- High application and maintenance cost
Major Market Competitors
Some of the major players of the global fire protection system market are Amerex Corporation, Ceasefire Industries
Pvt. Ltd, Eaton Corporation PLC, Emerson Electric Co., EMS Security Group
Ltd, Fike Corporation, Firefly AB, Gentex Corporation, Halma PLC,
Hochiki Corporation, Honeywell International Inc., Johnson Controls, Micropack
Engineering Ltd, Minimax Viking GmbH, MSA Safety Inc., National Fire Fighting
Manufacturing Company (Naffco), Nitin Fire Protection Industries Ltd.,
Panasonic Corporation, Robert Bosch GmbH, Schneider Electric, Siemens AG,
Sterling Safety Systems, Tyco International PLC, United Technologies, VT Mak,
and others.
Market Segmentation
The global fire protection system market is
segmented on the basis of product into fire detection, fire suppression, fire
analysis, fire response, and others. The sensors and detectors segment are
categorized into flame detectors, smoke detectors by product type, smoke detectors
by power source, heat detectors, and others.
Speak To
Analyst Visit @http://databridgemarketresearch.com/speak-to-analyst/?dbmr=global-fire-protection-system-market
On the basis of technology the global
fire protection system market is further segmented into coating, bulkheads,
sealant, and others.
On the basis of service, the global
fire protection system market is further segmented into engineering services,
installation and design services, maintenance services, managed services, and
others.
On the basis of system, the global
fire protection system market is categorized into detection systems, alarm
systems, suppression systems, and others.
On the basis of vertical, the global
fire protection system market is further categorized into BFSI, hospitality
& travel, healthcare, transportation & logistics, manufacturing, retail,
mining and oil & gas, and others.
On the basis of geography, the global fire protection system market report covers data points for 28 countries across
multiple geographies such as North America, South America, Europe,
Asia-Pacific, and Middle East & Africa. Some of the major countries covered
in this report are U.S., Canada, Germany, France, U.K., Netherlands,
Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia,
Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North
America is expected to dominate the market.
Company Share Analysis
The report for the global fire protection
system market include detailed vendor level analysis for market shares in 2016
for Global, North America, Europe, Asia Pacific, Middle East and Africa and
South America specifically. Also impact and development analysis of key vendors
is registered in the market and factored on the basis of Vendor Positioning
Grid Analysis which measures the vendors strengths and opportunities against
present market challenges, measure providers ability to identify or satisfy
present market needs, map providers market vision to current and upcoming
market dynamics among others. The report also measures technology life line
curve and market time line to analyze and do more affective investments.
Read more
about Global Fire Protection System Market Report Visit @http://databridgemarketresearch.com/reports/global-fire-protection-system-market/
Related
Report
Global
Process Automation & Instrumentation Market – Industry Trends and Forecast
to 2024
Global Process Automation &
Instrumentation Market, By communication protocol (Wired Communication
Protocol, Wireless Communication Protocol) By solution (Programmable Logic
Controller (PLC), Distributed Control System (DCS), Supervisory Control and
Data Acquisition (SCADA), Human Machine Interface (HMI), Safety Automation,
Advanced Process Control (APC), Manufacturing Execution System (MES)) By
End-user (Chemicals, Energy & Power, Food & Beverages, Metals &
Mining, Oil & Gas, Pharmaceuticals, Pulp & Paper, Water &
Wastewater, Others) By Geography (North America, Europe, Asia-Pacific, Europe,
South America, Middle East and Africa) – Global Industry Trends and Forecast to
2024
Report
Access: http://databridgemarketresearch.com/reports/global-process-automation-instrumentation-market/
About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and
consulting firm with unparalleled level of resilience and integrated
approaches. We are determined to unearth the best market opportunities and
foster efficient information for your business to thrive in the market. Data
Bridge endeavorsto provide appropriate solutions to the complex business
challenges and initiates an effortless decision-making process.
Contact:
Vishal Dixit
Data Bridge Market Research
Tel: +1-888-387-2818
Investor: investors@databridgemarketresearch.com
Visit Blog: http://databridgemarketresearch.com/blog/
Follow us on LinkedIn: https://www.linkedin.com/company/data-bridge-market-research
Comments
Post a Comment