Fire Protection Systems Market Growth, Trends and Value Chain 2016-2026 by FMI
Fire Protection is the study of alleviating the unwanted effects of fire and its potentially destructive hazards. The design of buildings and infrastructures, provision of isolating fires, firewalls and doors, use of fire resistant materials in construction, fire detectors, fire alarms, and automatic fire sprinklers are all a part of fire protection system.
Fire Protection is the study of alleviating the unwanted effects of fire and its potentially destructive hazards. The design of buildings and infrastructures, provision of isolating fires, firewalls and doors, use of fire resistant materials in construction, fire detectors, fire alarms, and automatic fire sprinklers are all a part of fire protection system.
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<strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong> <strong>Growth</strong>, <strong>Trends</strong> <strong>and</strong><br />
<strong>Value</strong> <strong>Chain</strong> <strong>2016</strong>-<strong>2026</strong> <strong>by</strong> <strong>FMI</strong><br />
November <strong>2016</strong><br />
Report Id : REP-GB-1633<br />
Status : Ongoing<br />
Category : Industrial Automation <strong>and</strong> Equipment<br />
©2015 Future <strong>Market</strong> Insights, All Rights Reserved
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Global <strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong><br />
<strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong> <strong>Growth</strong>, <strong>Trends</strong> <strong>and</strong> <strong>Value</strong> <strong>Chain</strong> <strong>2016</strong>-<strong>2026</strong> <strong>by</strong> <strong>FMI</strong><br />
<strong>Fire</strong> <strong>Protection</strong> is the study of alleviating the unwanted effects of fire <strong>and</strong> its potentially destructive<br />
hazards. The design of buildings <strong>and</strong> infrastructures, provision of isolating fires, firewalls <strong>and</strong> doors, use<br />
of fire resistant materials in construction, fire detectors, fire alarms, <strong>and</strong> automatic fire sprinklers are all a<br />
part of fire protection system. Moreover, fire protection is an everyday action. The fire regulations must<br />
be implemented in factories, public places, transportation <strong>and</strong> living areas. Some examples of fire<br />
protection systems are post indicator alarms, tamper switches, water flow alarms <strong>and</strong> evacuation alarms<br />
are examples of fire protection systems. <strong>Fire</strong> extinguishers carry high weightage in fire protection<br />
systems.<br />
Global <strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong>: Segmentation<br />
The global fire protection systems market can be segmented on the basis of technology, products, end<br />
use <strong>and</strong> regions. On the basis of technology, the global fire protection systems market can be segmented<br />
on the basis of active fire protection systems <strong>and</strong> passive fire protection systems. Considering products,<br />
the global fire prote3cdtion systems market can be segmented into fire detection, fire analysis, fire<br />
management <strong>and</strong> fire response. On account of end use, the global fire protection systems market can be<br />
segmented on the basis of organizations, institutions, banks, government, retail , energy <strong>and</strong> power,<br />
hhealthcare, oil <strong>and</strong> gas, mining, transportation ,logistics, manufacturing plants <strong>and</strong> others. On the basis<br />
of regions, the global fire protection systems market can be segmented into North America, Latin<br />
America, Western Europe, Eastern Europe, Asia-Pacific, Middle East & Africa <strong>and</strong> Japan.<br />
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Global <strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong><br />
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Global <strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong>: Drivers<br />
The increasing rate of accidents is a key factor driving the global fire protection systems market. The<br />
advancement of fire protection technology is another factor fuelling the dem<strong>and</strong> of the global fire<br />
protection systems market. Further, government5 safety regulations are also affecting the overall market<br />
to grow. Increased mining <strong>and</strong> oil <strong>and</strong> gas <strong>and</strong> mining activities is another major factor fuelling the<br />
growth of the global fire protection systems market. Increased fire protection expenditure from<br />
enterprise segments <strong>and</strong> technological innovations in networking <strong>and</strong> equipment are some other factors<br />
pumping the growth of the global fire protection systems market.<br />
Global <strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong>: Challenges<br />
High initial costs for the fire protection systems is one of the crucial factor affecting the market.<br />
Moreover, the installation costs is one more factor affecting the growth of the global fire protection<br />
systems market. <strong>Fire</strong> protection system failures are also a leading factor decreasing the dem<strong>and</strong> for the<br />
fire protection systems among consumers thus simultaneously pulling the overall global fire protection<br />
systems market.<br />
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Global <strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong><br />
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Global <strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong>: <strong>Trends</strong><br />
With innovation in technology, the user friendly fire protection systems are popular in the market.<br />
Automated <strong>and</strong> system operated fire protection systems are trending in the market <strong>and</strong> show cast a huge<br />
dem<strong>and</strong> for fire protection systems in the coming years.<br />
Global <strong>Fire</strong> <strong>Protection</strong> <strong>Systems</strong> <strong>Market</strong>: Key Players<br />
Some of the major companies involved in the manufacturing of fire protection systems globally are<br />
Gentex Corporation, Hochiki Corporation, Honeywell International Inc., Robert Bosch GmBH, Tyco<br />
International Ltd, United Technologies Corporation, VT MAK, Halma PLC, Siemens AG, Johnson Controls,<br />
Kevta <strong>Fire</strong> <strong>Systems</strong> Inc., Orcus <strong>Fire</strong> & Risk Inc., Gielle SRL, Trelleborg AG, 3M company <strong>and</strong> others.<br />
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