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HOME Top Market Reports Aircraft Fire Protection Systems Market by Product (Fire Detection System, Alarm & Warning, Fire Suppression), Application (Engine, Cabin & Lavatory, APU, Cargo Compartment), Fit (Linefit, Replacement), Aircraft Type and Region - Global Forecast to 2022

Aircraft Fire Protection Systems Market by Product (Fire Detection System, Alarm & Warning, Fire Suppression), Application (Engine, Cabin & Lavatory, APU, Cargo Compartment), Fit (Linefit, Replacement), Aircraft Type and Region - Global Forecast to 2022

By: marketsandmarkets.com
Publishing Date: February 2018
Report Code: AS 5982

 

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[132 Pages Report] The aircraft fire protection systems market was valued at 880.6 Million in 2016 and is projected to reach USD 1,157.7 Million by 2022, at a CAGR of 4.90% during the forecast period. The objective of this study is to analyze, define, describe, and forecast the aircraft fire protection systems market based on application, product, aircraft type, fit, and region. The report also focuses on the competitive landscape of this market by profiling companies based on their financial positions, product portfolios, growth strategies, and analyzing their core competencies and market shares to anticipate the degree of competition prevailing in the market. This report also tracks and analyzes competitive developments, such as new product launches, contracts, and joint ventures, and research & development (R&D) activities in the aircraft fire protection systems market. The base year considered for this study is 2016 and the forecast period is from 2017 to 2022.

This research study involved the extensive use of secondary sources, directories, and databases, such as D&B Hoovers, Bloomberg Businessweek, and Factiva to identify and collect relevant information on the aircraft fire protection systems market. Primary sources included industry experts from this market as well as suppliers, manufacturers, solution providers, technology developers, alliances, and organizations related to all segments of the industry’s value chain.   Both, top-down and bottom-up approaches were used to estimate and validate the size of the aircraft fire protection systems market. Data triangulation and market breakdown procedures were also employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. Breakdown of profiles of primaries is shown in the figure given below:

Aircraft Fire Protection Systems Market

To know about the assumptions considered for the study, download the pdf brochure

Market Ecosystem

The aircraft fire protection systems market has been segmented on the basis of product, application, fit, aircraft type, and region. United Technologies (US), Meggitt (UK), Diehl Aerospace (Germany), Siemens (Germany), Halma (UK), Advanced Aircraft Extinguishers (US), Gielle Industries (Italy), and H3R Aviation (US) are some of the manufacturers in this market. Contracts, new product launches, and joint ventures are the major strategies adopted by key players in the aircraft fire protection systems market.

Target Audience for this Report

  • Aircraft Manufacturers
  • Subcomponent Manufacturers
  • Technology Support Providers
  • Research Bodies
  • Aircraft Manufacturers
  • Aircraft Maintenance, Repair & Overhaul (MRO) Companies
  • Airline Operators

“This study answers several questions for stakeholders, primarily, which market segments they need to focus upon during the next two to five years to prioritize their efforts and investments.”

Scope of the Report:

Aircraft Fire Protection Systems Market, By Application

  • Aircraft Cargo Compartments
  • Engines
  • Auxiliary Power Units (APU)
  • Cabins & Lavatories
  • Cockpits

Aircraft Fire Protection Systems Market, By Product

  • Fire Detection Systems
  • Alarm & Warning Systems
  • Fire Suppression Systems

Aircraft Fire Protection Systems Market, By Aircraft Type

  • Civil Aircraft
  • General Aviation Aircraft
  • Commercial Passenger & Cargo Aircraft
  • Civil Helicopters
  • Military Aircraft
  • Fighter Jets
  • Military Helicopters
  • Transport Carriers

Aircraft Fire Protection Systems Market, By Fit

  • Linefit
  • Replacement

Aircraft Fire Protection Systems Market, By Region

  • North America
  • Europe
  • Asia Pacific
  • Rest of the World

Available Customizations

Along with the market data, MarketsandMarkets offers customizations as per the specific needs of a company. The following customization options are available for this report:

  • Geographic Analysis
    • Further breakdown of the Middle East and South America markets
  • Company Information
    • Detailed analysis and profiles of additional market players (up to 5)
  • Additional Level Segmentation

Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
           2.1.1 Secondary Data
                    2.1.1.1 Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Market Size Estimation
           2.2.1 Bottom-Up Approach
           2.2.2 Top-Down Approach
    2.3 Market Breakdown and Data Triangulation
    2.4 Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 31)
    4.1 Attractive Opportunities in the Aircraft Fire Protection Systems Market
    4.2 North America: Aircraft Fire Protection Systems Market, By Fit and Country
    4.3 North America: Linefit Aircraft Fire Protection Systems Market, By Product
    4.4 Linefit Aircraft Fire Protection Systems Market, By Application
    4.5 Aircraft Fire Protection Systems Market, By Country

5 Market Overview (Page No. - 35)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Increased Number of Orders for New Aircraft Across the Globe
                    5.2.1.2 Modernization of the Existing Aircraft
           5.2.2 Restraints
                    5.2.2.1 Existing Backlogs in the Delivery of New Aircraft
                    5.2.2.2 Lack of Proper Aviation Infrastructure and Imposition of Additional Aviation Taxes in Emerging Economies
           5.2.3 Opportunities
                    5.2.3.1 Emergence of New Aircraft Manufacturers in the Asia Pacific Region
                    5.2.3.2 Development of Aircraft Fire Suppression Systems Using Halon Alternatives as Suppression Agent
           5.2.4 Challenges
                    5.2.4.1 Formulation of the Stringent Regulatory Norms

6 Industry Trends (Page No. - 41)
    6.1 Introduction
    6.2 Supply Chain Analysis
    6.3 Key Equipment Vendors
    6.4 Futuristic Trends in the Aircraft Fire Protection Systems Market
           6.4.1 Role of Evolving Internet of Things (IoT) in the Aircraft Fire Protection Systems Market
           6.4.2 Halon-Free Fire Extinguishers
           6.4.3 Rapid Developments in Wireless Technologies for Early Detection of Fire
    6.5 Regulatory Landscape
           6.5.1 Fire Safety
                    6.5.1.1 Flammability
                    6.5.1.2 Smoke & Toxicity
           6.5.2 Component Design
                    6.5.2.1 Weight
                    6.5.2.2 Strength & Stiffness
           6.5.3 Airline Operations
                    6.5.3.1 Durability
                    6.5.3.2 Reparability
           6.5.4 Manufacturing
                    6.5.4.1 Raw Materials
                    6.5.4.2 Reproducibility
    6.6 Porter’s Five Forces Analysis
           6.6.1 Intensity of Competitive Rivalry
                    6.6.1.1 Increased Competition at Every Stage of Buyer-Supplier Interaction
                    6.6.1.2 Suppliers of Raw Materials Cater to the Vast Array of Applications in the Aviation Industry
                    6.6.1.3 Increased R&D Activities for the Development of New and Advanced Aircraft Fire Suppression Systems
                    6.6.1.4 Increased Number of Mergers & Acquisitions
           6.6.2 Bargaining Power of Buyers
                    6.6.2.1 Low Buyers to Suppliers Ratio
                    6.6.2.2 Different Specification Requirements of Buyers
           6.6.3 Bargaining Power of Suppliers
                    6.6.3.1 Presence of A Large Number of Suppliers of Aircraft Fire Protection Systems in the Market
                    6.6.3.2 Low Product Differentiation
           6.6.4 Threat of New Entrants
                    6.6.4.1 Quality Standards Set By Various Regulatory Bodies
                    6.6.4.2 Capital-Intensive Industry
           6.6.5 Threat of Substitutes
                    6.6.5.1 Limited Number of Substitutes
    6.7 Innovations & Patent Registrations

7 Aircraft Fire Protection Systems Market, By Product (Page No. - 54)
    7.1 Introduction
    7.2 Fire Detection Systems
    7.3 Alarm & Warning Systems
    7.4 Fire Suppression Systems

8 Aircraft Fire Protection Systems Market, By Application (Page No. - 58)
    8.1 Introduction
    8.2 Engines
    8.3 Cabins & Lavatories
    8.4 Cockpits
    8.5 Auxiliary Power Units (APUS)
    8.6 Aircraft Cargo Compartments

9 Aircraft Fire Protection Systems Market, By Fit (Page No. - 63)
    9.1 Introduction
    9.2 Linefit
    9.3 Replacement

10 Aircraft Fire Protection Systems Market, By Aircraft Type (Page No. - 66)
     10.1 Introduction
     10.2 Civil Aircraft
             10.2.1 General Aviation Aircraft
             10.2.2 Commercial Passenger/Cargo Aircraft
                        10.2.2.1 Narrow Body Aircraft
                        10.2.2.2 Wide Body Aircraft
                        10.2.2.3 Very Large Aircraft
                        10.2.2.4 Regional Transport Aircraft
             10.2.3 Civil Helicopters
     10.3 Military Aircraft
             10.3.1 Fighter Jets
             10.3.2 Military Helicopters
             10.3.3 Transport Carriers

11 Aircraft Fire Protection Systems Market, By Region (Page No. - 75)
     11.1 Introduction
     11.2 North America
             11.2.1 US
             11.2.2 Canada
     11.3 Europe
             11.3.1 France
             11.3.2 Italy
             11.3.3 Germany
     11.4 Asia Pacific
             11.4.1 Russia
             11.4.2 China
             11.4.3 India
     11.5 Rest of the World
             11.5.1 South America
             11.5.2 Middle East

12 Competitive Landscape (Page No. - 105)
     12.1 Overview
     12.2 Ranking of Players, 2017
     12.3 Competitive Scenario
             12.3.1 Contracts
             12.3.2 Acquisitions

13 Company Profiles (Page No. - 108)
(Overview, Financial*, Products & Services, Strategy, and Developments)
     13.1 Advanced Aircraft Extinguishers (AAE)
     13.2 Amerex
     13.3 Aerocon Engineering
     13.4 Diehl Stiftung & Co. Kg
     13.5 Gielle Groups
     13.6 Halma
     13.7 H3R Aviation
     13.8 Meggitt
     13.9 Siemens
     13.10 United Technologies

*Details Might Not Be Captured in Case of Unlisted Companies

14 Appendix (Page No. - 125)
     14.1 Discussion Guide
     14.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.3 Introducing RT: Real-Time Market Intelligence
     14.4 Available Customization
     14.5 Related Reports
     14.6 Author Details


List of Tables (75 Tables)

Table 1 Regional Estimate of Deliveries of New Aircraft From 2016 to 2035
Table 2 Deadlines Set By the Aviation Regulatory Bodies for Halon-Free Fire Extinguishing and Suppression Systems
Table 3 Innovation & Patent Registrations, 2012-2017
Table 4 Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 5 Fire Detection Systems Market Size, Region, 2015-2022 (USD Million)
Table 6 Alarm & Warning Systems Market Size, By Region, 2015-2022 (USD Million)
Table 7 Fire Suppression Systems Market Size, By Region, 2015-2022 (USD Million)
Table 8 Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 9 Engines Market Size, By Region, 2015-2022 (USD Million)
Table 10 Cabins & Lavatories Market Size, By Region, 2015-2022 (USD Million)
Table 11 Cockpits Market Size, By Region, 2015-2022 (USD Million)
Table 12 Auxiliary Power Units (APUS) Market, By Region, 2015-2022 (USD Million)
Table 13 Aircraft Cargo Compartments Market, By Region, 2015-2022 (USD Million)
Table 14 Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 15 Linefit Market Size, By Region, 2015-2022 (USD Million)
Table 16 Replacement Market Size, By Region, 2015-2022 (USD Million)
Table 17 Aircraft Fire Protection Systems Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 18 Civil Aircraft Market Size, By Region, 2015-2022 (USD Million)
Table 19 Civil Aircraft Market Size, By Type, 2015-2022 (USD Million)
Table 20 Commercial Passenger/Cargo Aircraft Market Size, By Subtype, 2015-2022 (USD Million)
Table 21 Narrow Body Aircraft Market Size, By Product, 2015-2022 (USD Million)
Table 22 Wide Body Aircraft Market Size, By Product, 2015-2022 (USD Million)
Table 23 Very Large Aircraft Market Size, By Product, 2015-2022 (USD Million)
Table 24 Regional Transport Aircraft Market Size, By Product, 2015-2022 (USD Million)
Table 25 Military Aircraft Market Size, By Region, 2015-2022 (USD Million)
Table 26 Military Aircraft Market Size, By Type, 2015-2022 (USD Million)
Table 27 Aircraft Fire Protection Systems Market Size, By Region, 2015-2022 (USD Million)
Table 28 North America Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 29 Linefit: North America Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 30 Linefit: North America Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 31 Linefit: North America Aircraft Fire Protection Systems Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 32 North America Aircraft Fire Protection Systems Market Size, By Country, 2015-2022 (USD Million)
Table 33 US Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 34 Linefit: US Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 35 Linefit: US Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 36 Canada Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 37 Linefit: Canada Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 38 Linefit: Canada Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 39 Europe Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 40 Linefit: Europe Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 41 Linefit: Europe Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 42 Linefit: Europe Aircraft Fire Protection Systems Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 43 Europe Aircraft Fire Protection Systems Market Size, By Country, 2015-2022 (USD Million)
Table 44 France Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 45 Linefit: France Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 46 Linefit: France Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 47 Italy Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 48 Linefit: Italy Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 49 Linefit: Italy Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 50 Germany Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 51 Linefit: Germany Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 52 Linefit: Germany Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 53 Asia Pacific Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 54 Linefit: Asia Pacific Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 55 Linefit: Asia Pacific Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 56 Linefit: Asia Pacific Aircraft Fire Protection Systems Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 57 Asia Pacific Aircraft Fire Protection Systems Market Size, By Country, 2015-2022 (USD Million)
Table 58 Russia Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 59 Linefit: Russia Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 60 Linefit: Russia Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 61 China Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 62 Linefit: China Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 63 Linefit: China Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 64 India Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 65 Linefit: India Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 66 Linefit: India Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 67 RoW Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 68 Linefit: RoW Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 69 Linefit: RoW Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 70 Linefit: Rest of the World Aircraft Fire Protection Systems Market Size, By Aircraft Type, 2015-2022 (USD Million)
Table 71 RoW Aircraft Fire Protection Systems Market Size, By Region, 2015-2022 (USD Million)
Table 72 South America Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)
Table 73 Linefit: South America Aircraft Fire Protection Systems Market Size, By Product, 2015-2022 (USD Million)
Table 74 Linefit: South America Aircraft Fire Protection Systems Market Size, By Application, 2015-2022 (USD Million)
Table 75 Middle East Aircraft Fire Protection Systems Market Size, By Fit, 2015-2022 (USD Million)


List of Figures (33 Figures)

Figure 1 Research Process Flow
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 Bottom-Up Approach
Figure 5 Top-Down Approach
Figure 6 Data Triangulation
Figure 7 Fire Suppression System Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 8 Engines Segment is Estimated to Have the Highest Market Share During the Forecast Period
Figure 9 Linefit Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 10 Military Aircraft Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 11 Asia Pacific Aircraft Fire Protection Systems Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 12 Increasing Demand for New Aircraft is Expected to Drive the Growth of the Aircraft Fire Protection Systems Market From 2017 to 2022
Figure 13 The Linefit Segment is Expected to Lead the North American Aircraft Fire Protection Systems Market in 2017
Figure 14 The Fire Detection Systems Segment is Projected to Lead the North American Linefit Aircraft Fire Protection Systems Market From 2017 to 2022
Figure 15 The Engines Application Segment is Projected to Lead the Linefit Aircraft Fire Protection Systems Market From 2017 to 2022
Figure 16 The China Aircraft Fire Protection Systems Market is Projected to Grow at the Highest CAGR From 2017 to 2022
Figure 17 Aircraft Fire Protection Systems Market: Drivers, Restraints, Opportunities, and Challenges
Figure 18 Order Backlogs of Airbus and Boeing in 2016
Figure 19 Direct Distribution is the Most Preferred Strategy Adopted By the Prominent Manufacturers of Aircraft Fire Protection Systems
Figure 20 Vendors of Key Equipment in the Aircraft Fire Protection Systems Market
Figure 21 Bargaining Power of Buyers is Expected to Have A High Impact on the Aircraft Fire Protection Systems Market
Figure 22 Fire Suppression Systems Segment is Estimated to Lead the Aircraft Fire Protection Systems Market in 2017
Figure 23 Aircraft Cargo Compartments Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 24 Linefit Segment is Estimated to Lead the Aircraft Fire Protection Systems Market in 2017
Figure 25 Military Aircraft Segment is Projected to Grow at the Highest CAGR During the Forecast Period
Figure 26 Aircraft Fire Protection Systems Market: Regional Snapshot
Figure 27 North America Aircraft Fire Protection Systems Market Snapshot
Figure 28 Key Developments Adopted By the Leading Players in the Aircraft Fire Protection Systems Market Between April 2012 and July 2017
Figure 29 Diehl Stiftung & Co. Kg: Company Snapshot
Figure 30 Halma: Company Snapshot
Figure 31 Meggitt: Company Snapshot
Figure 32 Siemens: Company Snapshot
Figure 33 United Technologies: Company Snapshot

The aircraft fire protection systems market is projected to grow from an estimated USD 911.6 Million in 2017 to USD 1,157.7 Million by 2022, at a CAGR of 4.90% from 2017 to 2022. Increased number of orders for new aircraft across the globe and modernization of the existing aircraft are key factors expected to drive the aircraft fire protection systems market during the forecast period. The market has been segmented based on product, application, fit, aircraft type, and region.

Based on product, the aircraft fire protection systems market has been segmented into fire detection systems, alarm & warning systems, and fire suppression systems. The fire suppression systems segment of the aircraft fire protection systems market is projected to grow at a higher CAGR during the forecast period. Fire suppression systems are an essential component required to extinguish fires in aircraft. These systems activate as soon as fire alerts are received from different sensors and detectors.

Based on application, the aircraft fire protection systems market has been segmented into engines, cabins & lavatories, cockpits, Auxiliary Power Units (APUs), and aircraft cargo compartments. The growth of this segment can be attributed to the increasing demand for new aircraft from airlines. Hence, the growing demand for commercial air travel globally and rising defense budgets of prominent economies are expected to drive the demand for aircraft fire protection systems.

Based on fit, the market has been segmented into linefit and replacement. The linefit segment is projected to grow at a higher CAGR than the replacement segment during the forecast period. The projected higher growth rate of the linefit segment in the aircraft fire protection systems market is due to the increase in aircraft orders as well as deliveries, economic growth across regions, and an increase in air passenger traffic.

Based on aircraft type, the aircraft fire protection systems market has been segmented into civil aircraft (general aviation, commercial passenger & cargo aircraft, and civil helicopters) and military aircraft (military helicopters, fighter jets, and transport carriers). Governments of various countries have been increasing investments in the defense & military sectors to ensure homeland security during external disputes. Increasing budget allocations for the procurement of military equipment is further expected to have a significant impact on the growth of the military aircraft subsegment.

North America is estimated to lead the aircraft fire protection systems market in 2017, owing to the presence of major aircraft manufacturers, such as Boeing (US) and Bombardier (Canada). These companies have significant new aircraft orders across the globe which is expected to boost the aircraft fire protection systems market.

Aircraft Fire Protection Systems Market

The existing backlogs in aircraft deliveries can restrain the growth of the aircraft fire protection systems market. Delay in aircraft deliveries can also result in the cancellation of aircraft orders. For instance, in 2015, Qatar Airways canceled the A320neo aircraft orders due to a delay in aircraft delivery. Thus, existing backlogs in aircraft deliveries act as a restraint to the growth of the aircraft fire protection systems market.

Products offered by various companies operating in the aircraft fire protection systems market have been listed in the report. The recent developments section of the report includes information on strategies adopted by various companies between 2014 and 2017. Meggitt (UK), Halma plc (UK), and United Technologies (US) are some of the major market players that have an extensive geographical reach and distribution channels.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

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