The global fire protection system market accounted for US$ 52.64 Bn in 2017 and is expected to grow at a CAGR of 10.5% during the forecast period 2018 to 2025, to account for US$ 116.51 Bn by 2025. The global fire protection systems market is experiencing a steady growth in the current scenario and is anticipated to rise in the coming years. The fire protection system market consists of some well-established players across the globe, which invest huge amounts in order to deliver the most advanced technology to the customers. The aircraft manufacturers on the other hand, are procuring the advanced technologies from the aircraft component manufacturers to deliver passengers with additional value-added services and thus, empower the passenger with a superior travel experience. This factor is helping the fire protection system market to surge over the period.
Fire Protection Systems Market report also provide a thorough understanding of the cutting-edge competitive analysis of the emerging market trends along with the drivers, restraints, challenges, and opportunities in the Fire Protection Systems Market to offer worthwhile insights and current scenario for making right decision. The report covers the prominent players in the market with detailed SWOT analysis, financial overview, and key developments of the products/services from the past three years.
Moreover, the report also offers a 360º outlook of the market through the competitive landscape of the global industry player and helps the companies to garner Fire Protection Systems Market revenue by understanding the strategic growth approaches.
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- Honeywell International
- Johnson Controls
- Robert Bosch GmBH
- Siemens AG
- United Technologies
- Hochiki Corporation
- Minimax Viking GmbH
- Gentex Corporation
- VFP Fire Systems
- Halma PLC
The report focuses on an in-depth segmentation of the Fire Protection Systems market based on type, services, and end-user.
The geographic segmentation of the report covers five major regions including; North Americas, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SA). The regional market has been further bifurcated by respective countries.
By geography, Asia Pacific is accountable to hold the largest share in the Fire Protection Systems market in 2017, whereas Middle East & Africa is projected to grow at the highest CAGR during the forecast period.
The report facilitates in determining and interpreting the key market players, portfolios with necessary information such as company profiles, components and services offered, financial information of past few years, key developments in past few years, that helps in constructing strategies to gain competitive advantage in the long run. The report also analyzes factors affecting Fire Protection Systems market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend.
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Reason to Access
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Fire Protection Systems Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Fire Protection Systems Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
GLOBAL FIRE PROTECTION SYSTEMS MARKET SEGMENTATION
Fire Protection System Market – By Type
Active Fire Protection System
Passive Fire Protection System
Fire Protection System Market – By Product
Fire Detection System
Fire Alarm System
Fire Suppression System
Fire Protection System Market – By End-Use Industry
Power & Energy
Oil & Gas
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