The global fire protection systems market is expected to grow at a CAGR of 7% over the forecast period. Fire protection systems are being adopted at a substantial rate across the globe. Millions of connected sensors, systems, and smart devices are deployed on a daily basis in offices, homes, cities that results primarily in the safety of the public. These systems are becoming a part of every aspect of life such as retail shops, hotels, cars, airplanes, and others. In emergency situations, the ability to communicate to everyone on campus, in a building, or to those in transit aids in the execution of emergency plans and allows for reactive measures. Increasing demand for fire protection systems across the globe is attributed to the growing risk of fire in various industries such as energy and power, oil and gas exploration, chemical, and manufacturing. Moreover, a significant number of fire breakouts have also led to the growth in the fire protection systems in recent years.
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Geographically, the study of the global fire suppression systems market covers the analysis of four major regions including North America (the US and Canada), Europe (Germany, UK, Italy, France, Italy, Spain, and Rest of Europe), and Rest of the World (RoW). North America is growing significantly owing to the presence of significant market players and stringent regulations regarding the installation of fire protection systems in a building.
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- Market Coverage
- Market number available for – 2023-2030
- Base year- 2023
- Forecast period- 2024-2030
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global Fire Protection Systems Market Segmentation
By System Type
- Active
- Passive
By Product Type
- Fire Detection
- Fire Suppression
- Fire Response
- Others
By End-Use
- Residential
- Commercial
- Industrial
Global Fire Protection Systems Market – Segment by Region
North America
- US
- Canada
Europe
- Germany
- UK
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East and Africa
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global fire protection system market. Based on the availability of data, information related to products and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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