The Fire Suppression Market size is expected to grow at an annual average of 5% during 2021-2027. Fire Suppression Market is projected to grow at a significant CAGR during the forecast period. Fire suppression systems are fire protection systems that monitor and extinguish fires using a mixture of dry chemicals and wet agents. The automatic fire suppression system, which includes fire sprinklers, gaseous fire suppression, and condensed aerosol fire suppression, is the most commonly used fire suppression system. Because of its low installation costs, the fire sprinkler system is the most widely used fire protection system in warehouses, large commercial buildings, hotels, schools, and hospitals.
Due to growing demand for fire safety and prevention systems in fire-prone industries such as manufacturing, oil and gas exploration, and energy and power, the global fire suppression systems market is expected to develop significantly. The main drivers for the growth of the global fire suppression system market are expected to be increased awareness among organisations about fire safety, including safeguarding the structure and minimizing human loss. In addition, the demand is expected to expand as a result of stricter legislation promoting enhanced fire safety standards as a result of growing disasters.
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The following segmentation are covered in this report:
By Product Type
- Fire Detection
- Fire Response
- Fire Suppression
- Fire Analysis
By Type
- Active Fire Protection Systems
- Passive Fire Protection Systems
By End User
- Commercial
- Industrial
- Governmental
- Institutional
- Others
Company Profile
- Consilium AB
- Semco Maritime A/S, Marioff Corporation
- Knowsley SK Ltd
- Johnson Controls
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(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
