Fire Protection System Market by Product (Fire Suppression, Fire Detection, Fire Sprinkler, Fire Analysis, Fire Response), Services (Engineering, Installation and Design, Managed, Maintenance) and Region - Global Forecast to 2027
The fire protection system market size is predicted to grow from USD 66.8 billion in 2022 to USD 92.1 billion by 2027, at a CAGR of 6.6%.
China is among the largest fast-developing countries worldwide in the fire protection system Industry. It is also the fastest-growing economy in the Asia Pacific region and the most populous country in the world. China is expected to account for the largest share of the fire protection system market analysis in the Asia Pacific region during the forecast period. Many fire protection and safety companies are based in China, including multinational and local companies that provide a comprehensive range of fire safety products and services. China's government is expected to develop strict laws and regulations that would make installing fire protection systems mandatory in buildings.
Attractive Opportunities in Fire Protection System Market
Fire Protection System Market Forecast to 2027
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Fire Protection System Market Dynamics
DRIVERS: Strict government regulations pertaining to fire safety
Fire protection involves the combined efforts of federal custodians, tenants, private sector building owners, and local fire service agencies. Policies and regulations differ from region to region and are meant to safeguard human life and property. An example of this is the Australian Building Codes Board (ABCB) oversees issues related to safety, health, amenity, accessibility, and sustainability in buildings. ABCB is working with Fire and Rescue New South Wales (FRNSW), the Australasian Fire and Emergency Services Authorities Council (AFAC), and the Fire Protection Association of Australia (FPAA) to extend the current deemed-to-satisfy (DTS) provisions for sprinkler protection to medium-rise multistorey residential buildings.
Similarly, the Korean Fire Protection Association was established in 2011 as an outcome of the fire prevention law, the Act on the Indemnification for Fire-caused Loss and the Purchase of Insurance Policies. This association provides fire safety inspection and consulting services to specific buildings, such as manufacturing facilities, educational institutions, schools, and public properties. The governments of most developed economies provide monetary support for the installation and maintenance of fire protection systems, e.g., smoke detectors in homes and commercial buildings.
RESTRAINTS: Issues of false alarms and detection failures
A false alarm is an issue with smoke detectors and other fire detection systems. For instance, a smoke detector located in or near a kitchen may raise a nuisance alarm during the normal operations of kitchen appliances. Heat detectors do not sense the combustion particles and are designed to ring when the heat on their sensors increases at a stipulated rate or reaches a determined level. Due to such factors, fire alarm systems may fail to alert people.
OPPORTUNITIES: Growing adoption of water mist systems
The foam-based fire protection system is an aggregate of air-filled bubbles formed from aqueous solutions. It has a lower density than other flammable liquids. This foam-based system is mainly used to design a coherent floating blanket on flammable and combustible liquids to prevent fires by excluding air and cooling the fuel. This system also helps to prevent re-ignition by suppressing the formation of flammable vapors. Further, it sticks to the surfaces by providing protection from adjacent fires.
The foam-based fire detection system can be used as a fire control, prevention, or extinguishing agent for processing industrial areas, such as refineries, oil & gas, and commercial area. Foam-based fire detection systems are efficient and effective when used correctly and do not harm the environment.
The foaming agent in this system is readily biodegradable in natural environments and sewage treatment facilities. Foam-based fire suppression systems can cover larger areas, filling a huge warehouse in seconds. These systems are ideal when there is a need for an extinguishing agent to cover a huge area quickly. Foam-based suppression systems are more cost-effective from installation and maintenance points of view. Hence, their demand is growing so rapidly in the market.
CHALLENGES: Lack of integration and configuration in fire protection solutions
A key challenge for the fire protection system market is the integration of user interfaces when multiple solutions are being used in a control mechanism. Fire protection systems can be efficient and cost-efficient if integrated directly into a centralized building control system so that the information can be obtained from a central point, and corresponding follow-up regulatory measures can proceed automatically in an emergency. By integrating these systems, a user can monitor the status of multiple systems from one location or access features, such as remote notification, trending, or maintenance management, which may not be available directly through a fire protection system.
Threats regarding security and fire protection to industries and commerce in the modern era, with more demanding compliance codes and standards, raise the need for more comprehensive and integrated solutions. However, owing to the complexity of the system and the increasing number of components included, the integration and configuration of the entire system become complicated. This factor poses a challenge for the market.
The fire response segment accounts the significant Market share during the forecast period.
Fire response systems are activated simultaneously with fire suppression systems to prevent the spread of fire. These systems alert occupants in a building by triggering alarms and siren systems; setting off warnings and alerts; and sending emergency messages to the police, freighting troops, and ambulances. Both active and passive fire response systems are included in this section.
The combination of active and passive systems can provide the best fire protection to occupants and help prevent the spread of fire, consequently maintaining the structural integrity of the infrastructure where these systems are deployed. Some active fire response systems considered in this study include emergency lighting systems, public alert systems, secure communication systems, and fire alarm devices.
The market for academia & institutional vertical is expected to grow at the highest CAGR during the forecast period in commercial vertical
Educational or academic buildings are a major application area for fire protection systems market. The academia and institutional segment include schools and colleges, libraries, and lecture halls, which require protection against fire hazards. These buildings are occupied by masses for a very long duration every day; therefore, fire protection systems are installed to ensure the safety of their lives and minimize the risk of any fire hazard. Water-based fire sprinkler systems are mainly used in this space. Fire suppression, detection, and sprinkler systems immensely contribute to overall fire protection in educational institutions.
Fire Protection System Market by Region
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The Fire Protection System Market in Asia Pacific projected to grow at the significant CAGR from 2022 to 2027.
Asia Pacific market is expected to grow at the highest rate during the forecast period. Growing urbanization has increased construction activities, contributing significantly to the growth of this region's fire protection system market. The Japanese government is focusing on creating more public awareness related to fire safety. Many fire safety-related initiatives have been undertaken in the country, for instance, the deployment of ample human resources in firefighting and public awareness initiatives in schools through radio, TV, and other media channels.
The use of fire extinguishers and sprinklers is high in Japan, and schools and workplaces provide training on using fire extinguishers. The market for fire extinguishers, sprinklers, and fire alarms is well-developed in Japan, and the growth trend is expected to continue in the coming years.
Key Market Players
Carrier Global Corporation (US), Honeywell International Inc. (US), Johnson Controls (Ireland), Robert Bosch GmbH (Germany), and Siemens (Germany) are among a few top players in the fire protection system market.
Fire Protection System Market Report Scope
|
Report Metric |
Details |
| Market size value in 2022 | USD 66.8 Billion |
| Market size value in 2027 | USD 92.1 Billion |
| Growth rate | CAGR of 6.6% |
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Base Year |
2021 |
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Forecast Period |
2022–2027 |
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Units |
Value (USD Million/Billion) |
|
Segments Covered |
Type, Product, Service, and Vertical |
|
Geographic Regions Covered |
North America, Asia Pacific, Europe, and RoW |
|
Companies Covered |
Major Players: Carrier Global Corporation (US), Honeywell International Inc. (US), Johnson Controls (Ireland), Robert Bosch GmbH (Germany), and Siemens (Germany) and Others- (Total 30 players have been covered) |
Fire Protection System Market Highlights
This research report categorizes the fire protection system market by type, product, service, vertical and region.
|
Aspect |
Details |
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By Type |
|
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By Product |
|
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By Service |
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By Vertical |
|
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By Region |
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Recent Developments
- In June 2022, Kidde HomeSafe integrated smart detection system was launched. This system, provides complete home-detection solution which includes detection of carbon monoxide, smoke, water leaks and frozen pipes.
- In June 2022, Siemens Korea Smart Infrastructure launched the SRF 2.0 intelligent fire detection system, which has the auto self-diagnosis feature and provides high reliability & stable performance.
- In October 2020, Honeywell International Inc. launched the first tools from its new suite of Connected Life Safety Services (CLSS)— its first all-in-one cloud platform for fire safety systems.
Frequently Asked Questions (FAQs):
What is the total CAGR expected to be recorded for the fire protection system market during 2022-2027?
The global fire protection system market is expected to record a CAGR of 6.6% from 2022–2027.
What are the driving factors for the fire protection system market?
Strict government regulations pertaining to fire safety is the key driving factor for this fire protection system market.
Which are the significant players operating in the fire protection system market?
Carrier Global Corporation (US), Honeywell International Inc. (US), Johnson Controls (Ireland), Robert Bosch GmbH (Germany), and Siemens (Germany) are among a few top players in the fire protection system market.
Which region will grow at a fast rate in the future?
The fire protection system market in Asia pacific is expected to grow at the highest CAGR during the forecast period.
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 31)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
FIGURE 1 FIRE PROTECTION SYSTEM MARKET: SEGMENTATION
1.3.2 GEOGRAPHIC SCOPE
1.4 YEARS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY (Page No. - 37)
2.1 RESEARCH APPROACH
FIGURE 2 MARKET: RESEARCH DESIGN
2.1.1 PRIMARY AND SECONDARY RESEARCH
FIGURE 3 MARKET: RESEARCH APPROACH
2.1.2 SECONDARY DATA
2.1.2.1 List of major secondary sources
2.1.2.2 Key data from secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Primary interviews with experts
2.1.3.2 Key data from primary sources
2.1.3.3 Key industry insights
2.1.3.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach to derive market size using bottom-up analysis (demand side)
FIGURE 4 MARKET: BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach to derive market size using top-down analysis (supply side)
FIGURE 5 MARKET: TOP-DOWN APPROACH
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR MARKET: SUPPLY-SIDE ANALYSIS
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
FIGURE 7 DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
FIGURE 8 RESEARCH ASSUMPTIONS
2.5 LIMITATIONS AND RISK ASSESSMENT
TABLE 1 LIMITATIONS AND RISK ASSESSMENT
3 EXECUTIVE SUMMARY (Page No. - 48)
FIGURE 9 FIRE PROTECTION SYSTEM MARKET FORECAST, 2018–2027 (USD BILLION)
FIGURE 10 FIRE SUPPRESSION SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
FIGURE 11 MAINTENANCE SERVICES SEGMENT TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
FIGURE 12 OIL, GAS, & MINING SEGMENT TO ACCOUNT FOR LARGEST SHARE OF INDUSTRIAL SEGMENT DURING FORECAST PERIOD
FIGURE 13 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
4 PREMIUM INSIGHTS (Page No. - 52)
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN MARKET
FIGURE 14 GROWING CONSTRUCTION INDUSTRY AND ADOPTION OF WIRELESS TECHNOLOGY TO DRIVE MARKET GROWTH
4.2 MARKET, BY PRODUCT
FIGURE 15 FIRE SUPPRESSION SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2027
4.3 MARKET, BY SERVICE
FIGURE 16 MAINTENANCE SERVICES SEGMENT TO REGISTER HIGHER CAGR FROM 2022 TO 2027
4.4 MARKET, BY VERTICAL
FIGURE 17 INDUSTRIAL SEGMENT TO ACCOUNT FOR LARGEST SHARE IN 2027
4.5 NORTH AMERICA: FIRE PROTECTION SYSTEM MARKET ANALYSIS, BY VERTICAL AND COUNTRY
FIGURE 18 INDUSTRIAL SEGMENT AND US TO ACCOUNT FOR SIGNIFICANT SHARE
4.6 MARKET, BY COUNTRY
FIGURE 19 CHINA TO REGISTER HIGHEST CAGR FROM 2022 TO 2027
5 MARKET OVERVIEW (Page No. - 55)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
FIGURE 20 MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
5.2.1 DRIVERS
5.2.1.1 Increasing urbanization and infrastructure development
5.2.1.2 Rising number of fire incidents
FIGURE 21 HOME STRUCTURE FIRES IN US (2011–2020)
5.2.1.3 Strict government regulations pertaining to fire safety
5.2.1.4 Growing adoption of wireless technology in fire detection systems
FIGURE 22 MARKET: IMPACT ANALYSIS OF DRIVERS
5.2.2 RESTRAINTS
5.2.2.1 High installation and maintenance costs
5.2.2.2 Issues of false alarms and detection failures
5.2.2.3 High cost of smart detectors
FIGURE 23 MARKET: IMPACT ANALYSIS OF RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.3.1 Growing adoption of water mist systems
5.2.3.2 Development of IoT-integrated smoke detectors
5.2.3.3 Periodic revision of regulatory compliances to increase fire safety
FIGURE 24 MARKET: IMPACT ANALYSIS OF OPPORTUNITIES
5.2.4 CHALLENGES
5.2.4.1 Lack of integration and configuration in fire protection solutions
FIGURE 25 MARKET: IMPACT ANALYSIS OF CHALLENGES
5.3 VALUE CHAIN ANALYSIS
FIGURE 26 MARKET: VALUE CHAIN ANALYSIS
5.4 ECOSYSTEM ANALYSIS
FIGURE 27 MARKET: ECOSYSTEM ANALYSIS
TABLE 2 FIRE PROTECTION SYSTEM MARKET: ECOSYSTEM
5.5 PRICING ANALYSIS
5.5.1 FLAME DETECTORS
5.5.1.1 Flame detectors: Average selling price, by type (key players)
FIGURE 28 FLAME DETECTORS: AVERAGE SELLING PRICES FOR KEY PLAYERS, BY TYPE (USD)
TABLE 3 FLAME DETECTORS: AVERAGE SELLING PRICES FOR KEY PLAYERS, BY TYPE (USD)
5.5.2 SMOKE DETECTORS
5.5.2.1 Smoke detectors: Average selling price, by type (key players)
FIGURE 29 SMOKE DETECTORS: AVERAGE SELLING PRICES FOR KEY PLAYERS, BY TYPE (USD)
TABLE 4 SMOKE DETECTORS: AVERAGE SELLING PRICES FOR KEY PLAYERS, BY TYPE (USD)
5.6 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
FIGURE 30 REVENUE SHIFT AND NEW REVENUE POCKETS FOR PLAYERS IN MARKET
5.7 TECHNOLOGY ANALYSIS
5.7.1 INTERNET OF THINGS (IOT)
5.7.2 CLOUD-BASED SOLUTIONS
5.7.3 VIDEO IMAGE SMOKE AND FLAME DETECTION SYSTEMS
5.7.4 ARTIFICIAL INTELLIGENCE
5.8 PORTER’S FIVE FORCES ANALYSIS
TABLE 5 MARKET: PORTER’S FIVE FORCES ANALYSIS
5.9 KEY STAKEHOLDERS & BUYING CRITERIA
5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
FIGURE 31 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%)
5.9.2 BUYING CRITERIA
FIGURE 32 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES
TABLE 7 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES
5.10 CASE STUDY ANALYSIS
TABLE 8 SARACEN FIRE PROTECTION LIMITED PROVIDED FIRE ALARMS FOR FOOD PROCESSING PLANTS IN ENGLAND
TABLE 9 FIRE PROTECTION SYSTEM INSTALLED BY EATON COLLEGE IN ITS OLD BUILDING
TABLE 10 MOUKA LIMITED INSTALLED VIDEO-BASED FIRE DETECTION DEVICE FOR FIRE DETECTION
TABLE 11 ROYAL PAPWORTH HOSPITAL APPOINTED STATIC SYSTEMS FOR FIRE ALARM SYSTEM REQUIREMENTS
5.11 TRADE ANALYSIS
FIGURE 33 IMPORT OF BURGLAR OR FIRE ALARMS AND SIMILAR APPARATUS, BY COUNTRY, 2017–2021 (USD MILLION)
FIGURE 34 EXPORT OF BURGLAR OR FIRE ALARMS AND SIMILAR APPARATUS, BY COUNTRY, 2017–2021 (USD MILLION)
5.12 PATENT ANALYSIS
FIGURE 35 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS IN LAST 10 YEARS
TABLE 12 TOP 20 PATENT OWNERS IN US IN LAST 10 YEARS
FIGURE 36 NUMBER OF PATENTS GRANTED PER YEAR, 2012–2021
TABLE 13 MARKET: LIST OF PATENTS, 2020–2021
5.13 KEY CONFERENCES & EVENTS, 2022–2023
TABLE 14 FIRE PROTECTION SYSTEM MARKET: DETAILED LIST OF CONFERENCES & EVENTS
5.14 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 15 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 16 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 17 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 18 REST OF WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
TABLE 19 CODES AND STANDARDS RELATED TO FIRE DETECTION
TABLE 20 CODES AND STANDARDS RELATED TO FIRE SUPPRESSION
6 FIRE PROTECTION SYSTEM MARKET, BY TYPE (Page No. - 86)
6.1 INTRODUCTION
FIGURE 37 MARKET, BY TYPE
6.2 ACTIVE FIRE PROTECTION SYSTEMS
6.2.1 ACTIVE SYSTEMS ARE WIDELY USED TO CONTROL AND SUPPRESS FIRE
6.3 PASSIVE FIRE PROTECTION SYSTEMS
6.3.1 PASSIVE SYSTEMS ACT AS FIRST LINE OF DEFENSE
6.3.2 PASSIVE FIRE PROTECTION AREAS
7 FIRE PROTECTION SYSTEM MARKET, BY PRODUCT (Page No. - 89)
7.1 INTRODUCTION
FIGURE 38 FIRE PROTECTION SYSTEM INDUSTRY: BY PRODUCT
FIGURE 39 FIRE SUPPRESSION SEGMENT TO ACCOUNT FOR LARGEST MARKET DURING FORECAST PERIOD
TABLE 21 MARKET, BY PRODUCT, 2018–2021 (USD MILLION)
TABLE 22 MARKET, BY PRODUCT, 2022–2027 (USD MILLION)
7.2 FIRE SUPPRESSION
7.2.1 DIFFERENT FIRE SUPPRESSOR MATERIALS USED BASED ON FIRE TYPE
7.2.2 FIRE SUPPRESSION REAGENTS
7.2.2.1 Chemical fire suppression systems
7.2.2.1.1 Dry chemical systems
7.2.2.1.2 Wet chemical systems
7.2.2.2 Gaseous
7.2.2.2.1 Clean agent fire suppression systems
7.2.2.2.2 Carbon dioxide (CO2) clean agent fire suppression systems
7.2.2.2.3 FM-200 clean agent fire suppression systems
7.2.2.2.4 Other clean agent fire suppression systems
7.2.2.3 Water
7.2.2.4 Foam
TABLE 23 FIRE SUPPRESSION MARKET, BY SUPPRESSION REAGENT, 2018–2021 (USD MILLION)
TABLE 24 FIRE SUPPRESSION MARKET, BY SUPPRESSION REAGENT, 2022–2027 (USD MILLION)
TABLE 25 FIRE SUPPRESSION MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 26 FIRE SUPPRESSION MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 27 FIRE SUPPRESSION MARKET, BY COMMERCIAL VERTICAL, 2018–2021 (USD MILLION)
TABLE 28 MARKET, BY COMMERCIAL VERTICAL, 2022–2027 (USD MILLION)
TABLE 29 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 30 MARKET, BY REGION, 2022–2027 (USD MILLION)
7.3 FIRE SPRINKLER
7.3.1 WET FIRE SPRINKLERS
7.3.1.1 Highly reliable wet sprinkler systems mainly used in fire protection
TABLE 31 ADVANTAGES AND DISADVANTAGES OF WET FIRE SPRINKLER SYSTEMS
7.3.2 DRY FIRE SPRINKLERS
7.3.2.1 Dry fire sprinklers widely used in freezing conditions
7.3.3 PRE-ACTION FIRE SPRINKLERS
7.3.3.1 Pre-action fire sprinkler systems reduce accidental discharge
7.3.4 DELUGE FIRE SPRINKLERS
7.3.4.1 Deluge fire sprinkler systems widely used in hazardous environments
7.3.5 OTHER FIRE SPRINKLERS
TABLE 32 FIRE SPRINKLER MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 33 FIRE SPRINKLER MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 34 FIRE SPRINKLER MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 35 FIRE SPRINKLER MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 36 FIRE SPRINKLER MARKET, BY COMMERCIAL VERTICAL, 2018–2021 (USD MILLION)
TABLE 37 MARKET, BY COMMERCIAL VERTICAL, 2022–2027 (USD MILLION)
TABLE 38 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 39 MARKET, BY REGION, 2022–2027 (USD MILLION)
7.4 FIRE DETECTION
7.4.1 FIRE DETECTORS
7.4.1.1 Conventional systems
7.4.1.2 Addressable systems
TABLE 40 FIRE DETECTION MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 41 FIRE DETECTION MARKET, BY TYPE, 2022–2027 (USD MILLION)
TABLE 42 FIRE DETECTION MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 43 FIRE DETECTION MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 44 FIRE DETECTION MARKET, BY COMMERCIAL VERTICAL, 2018–2021 (USD MILLION)
TABLE 45 MARKET, BY COMMERCIAL VERTICAL, 2022–2027 (USD MILLION)
TABLE 46 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 47 MARKET, BY REGION, 2022–2027 (USD MILLION)
7.4.2 FLAME DETECTORS
7.4.2.1 Single IR
7.4.2.1.1 Single IR detectors detect flames containing hydrocarbons
7.4.2.2 Single UV
7.4.2.2.1 High-performance detection instrument
7.4.2.3 Dual UV/IR
7.4.2.3.1 Increased immunity compared to UV detectors
7.4.2.4 Triple IR (IR3)
7.4.2.4.1 Widely used in process industries
7.4.2.5 Multi IR
7.4.2.5.1 Suited for locations where combustion produces smoky fires
TABLE 48 FLAME DETECTORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 49 FLAME DETECTORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
7.4.3 VISUAL FLAME DETECTION TECHNOLOGY
7.4.3.1 Assesses potential risks and reduces unwanted shutdowns
7.4.3.2 Thermal imaging cameras
7.4.3.3 CCTV
7.4.3.4 Software
7.4.4 SMOKE DETECTORS
7.4.4.1 Photoelectric smoke detectors
7.4.4.1.1 Fatal fires to boost photoelectric smoke detectors market
7.4.4.2 Ionization smoke detectors
7.4.4.2.1 Detection of visible and invisible products of combustion through ionization smoke detectors
7.4.4.3 Dual-sensor smoke detectors
7.4.4.3.1 Dual-sensor smoke detectors combine advantages of photoelectric and ionization detectors
7.4.4.4 Beam smoke detectors
7.4.4.4.1 Growing adoption of beam smoke detectors in open space
7.4.4.5 Other smoke detectors
TABLE 50 SMOKE DETECTORS MARKET, BY TYPE, 2018–2021 (USD MILLION)
TABLE 51 SMOKE DETECTORS MARKET, BY TYPE, 2022–2027 (USD MILLION)
7.4.5 HEAT DETECTORS
7.4.5.1 Beneficial in small and confined places
7.5 FIRE ANALYSIS
7.5.1 FIRE ANALYSIS SOLUTIONS ARE USED FOR SPATIAL REPRESENTATION OF DATA
TABLE 52 FIRE ANALYSIS MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 53 FIRE ANALYSIS MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 54 FIRE ANALYSIS MARKET, BY COMMERCIAL VERTICAL, 2018–2021 (USD MILLION)
TABLE 55 FIRE ANALYSIS MARKET, BY COMMERCIAL VERTICAL, 2022–2027 (USD MILLION)
TABLE 56 FIRE ANALYSIS MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 57 FIRE ANALYSIS MARKET, BY REGION, 2022–2027 (USD MILLION)
7.6 FIRE RESPONSE
7.6.1 EMERGENCY LIGHTING SYSTEMS
7.6.1.1 Emergency lighting allows safe evacuation during emergencies
7.6.2 VOICE EVACUATION AND PUBLIC ALERT SYSTEMS
7.6.2.1 Voice evacuation systems help in disseminating crucial information during fire emergencies
7.6.3 SECURE COMMUNICATION SYSTEMS
7.6.3.1 Secure communication systems mainly used by police, fire, and emergency response teams
7.6.4 FIRE ALARM DEVICES
7.6.4.1 Fire alarms remain most basic fire safety devices
TABLE 58 FIRE RESPONSE MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 59 FIRE RESPONSE MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 60 FIRE RESPONSE MARKET, BY COMMERCIAL VERTICAL, 2018–2021 (USD MILLION)
TABLE 61 MARKET, BY COMMERCIAL VERTICAL, 2022–2027 (USD MILLION)
TABLE 62 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 63 MARKET, BY REGION, 2022–2027 (USD MILLION)
8 FIRE PROTECTION SYSTEM MARKET, BY SERVICE (Page No. - 118)
8.1 INTRODUCTION
FIGURE 40 FIRE PROTECTION SYSTEM INDUSTRY: BY SERVICE
FIGURE 41 MAINTENANCE SERVICES SEGMENT TO ACCOUNT FOR LARGEST MARKET IN 2022
TABLE 64 FIRE PROTECTION SERVICES MARKET, BY SERVICE TYPE, 2018–2021 (USD MILLION)
TABLE 65 FIRE PROTECTION SERVICES MARKET, BY SERVICE TYPE, 2022–2027 (USD MILLION)
TABLE 66 FIRE PROTECTION SERVICES MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 67 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
TABLE 68 MARKET, BY COMMERCIAL VERTICAL, 2018–2021 (USD MILLION)
TABLE 69 MARKET, BY COMMERCIAL VERTICAL, 2022–2027 (USD MILLION)
TABLE 70 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 71 MARKET, BY REGION, 2022–2027 (USD MILLION)
8.2 ENGINEERING SERVICES
8.2.1 ENGINEERING SERVICES HELP IN UNDERSTANDING CUSTOMER NEEDS FOR FIRE PROTECTION
8.3 INSTALLATION AND DESIGN SERVICES
8.3.1 COORDINATION BETWEEN DESIGNERS AND INSTALLATION PROFESSIONALS CRUCIAL FOR EFFECTIVE FIRE PROTECTION
8.4 MAINTENANCE SERVICES
8.4.1 NEED FOR TIMELY SERVICING AND AUDITING OF FIRE PROTECTION SYSTEMS
8.5 MANAGED SERVICES
8.5.1 RELIABLE MANAGED SERVICES FACILITATE SMOOTH BUSINESS OPERATIONS
8.6 OTHER SERVICES
9 FIRE PROTECTION SYSTEM MARKET, BY VERTICAL (Page No. - 124)
9.1 INTRODUCTION
FIGURE 42 MARKET: BY VERTICAL
FIGURE 43 INDUSTRIAL VERTICAL TO ACCOUNT FOR LARGEST SHARE IN 2022
TABLE 72 MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 73 MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
9.2 RESIDENTIAL
9.2.1 FIRE PROTECTION SYSTEMS PROTECT RESIDENTIAL BUILDINGS FROM FIRE HAZARDS
TABLE 74 RESIDENTIAL: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 75 RESIDENTIAL: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
TABLE 76 RESIDENTIAL: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 77 RESIDENTIAL: MARKET, BY REGION, 2022–2027 (USD MILLION)
9.3 COMMERCIAL
TABLE 78 MARKET, BY COMMERCIAL VERTICAL, 2018–2021 (USD MILLION)
TABLE 79 MARKET, BY COMMERCIAL VERTICAL, 2022–2027 (USD MILLION)
TABLE 80 COMMERCIAL: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 81 COMMERCIAL: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
TABLE 82 COMMERCIAL: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 83 COMMERCIAL: FIRE PROTECTION SYSTEM MARKET ANALYSIS, BY REGION, 2022–2027 (USD MILLION)
9.3.1 ACADEMIA & INSTITUTIONAL
9.3.1.1 Water-based fire sprinkler systems widely used in academia
TABLE 84 ACADEMIA & INSTITUTIONAL: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 85 ACADEMIA & INSTITUTIONAL: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.3.2 RETAIL
9.3.2.1 Growing urbanization
TABLE 86 RETAIL: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 87 RETAIL: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.3.3 HEALTHCARE
9.3.3.1 Growing need for enhanced safety of patients
TABLE 88 HEALTHCARE: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 89 HEALTHCARE: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.3.4 HOSPITALITY
9.3.4.1 Growing use of water-based fire protection systems in hotels and lodgings
TABLE 90 HOSPITALITY: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 91 HOSPITALITY: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.3.5 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
9.3.5.1 Strict fire safety regulations by government
TABLE 92 BFSI: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 93 BFSI: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.4 INDUSTRIAL
TABLE 94 MARKET, BY INDUSTRIAL VERTICAL, 2018–2021 (USD MILLION)
TABLE 95 MARKET, BY INDUSTRIAL VERTICAL, 2022–2027 (USD MILLION)
TABLE 96 INDUSTRIAL: MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 97 INDUSTRIAL: MARKET, BY REGION, 2022–2027 (USD MILLION)
9.4.1 ENERGY & POWER
9.4.1.1 High demand for fire protection systems to ensure safety of workforce and property
TABLE 98 ENERGY & POWER: FIRE PROTECTION SYSTEM MARKET ANALYSIS, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 99 ENERGY & POWER: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.4.2 GOVERNMENT
9.4.2.1 Gaseous and water mist sprinklers widely used in public facilities
TABLE 100 GOVERNMENT: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 101 GOVERNMENT: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.4.3 MANUFACTURING
9.4.3.1 Growing need to protect large and critical manufacturing structures
TABLE 102 MANUFACTURING: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 103 MANUFACTURING: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.4.4 OIL, GAS, & MINING
9.4.4.1 High use of gas-based suppression systems and sprinkler systems
TABLE 104 OIL, GAS, & MINING: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 105 OIL, GAS, & MINING: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.4.5 TRANSPORTATION & LOGISTICS
9.4.5.1 Increasing demand for swift and competent response to fire incidents
TABLE 106 TRANSPORTATION & LOGISTICS: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 107 TRANSPORTATION & LOGISTICS: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
9.4.6 OTHER INDUSTRIES
TABLE 108 OTHER INDUSTRIES: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 109 OTHER INDUSTRIES: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
10 FIRE PROTECTION SYSTEM MARKET GROWTH, BY REGION (Page No. - 147)
10.1 INTRODUCTION
FIGURE 44 MARKET, BY REGION
FIGURE 45 CHINA TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
TABLE 110 MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 111 MARKET, BY REGION, 2022–2027 (USD MILLION)
10.2 NORTH AMERICA
FIGURE 46 US TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
FIGURE 47 NORTH AMERICA: MARKET SNAPSHOT
TABLE 112 NORTH AMERICA: FIRE PROTECTION SYSTEM MARKET TRENDS, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 113 NORTH AMERICA: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 114 NORTH AMERICA: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 115 NORTH AMERICA: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
TABLE 116 NORTH AMERICA: MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 117 NORTH AMERICA: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
10.2.1 US
10.2.1.1 Rising awareness about benefits of fire protection systems
10.2.2 CANADA
10.2.2.1 Growing adoption of advanced fire protection systems in new constructions
10.2.3 MEXICO
10.2.3.1 Investments in warehouse infrastructure development
10.3 EUROPE
FIGURE 48 UK TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 49 EUROPE: FIRE PROTECTION SYSTEM MARKET SNAPSHOT
TABLE 118 EUROPE: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 119 EUROPE: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 120 EUROPE: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 121 EUROPE: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
TABLE 122 EUROPE: MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 123 EUROPE: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
10.3.1 UK
10.3.1.1 Need to enhance wireless fire detection systems
10.3.2 GERMANY
10.3.2.1 Stringent fire safety rules and regulations
10.3.3 FRANCE
10.3.3.1 Government mandate to install fire sprinklers
10.3.4 REST OF EUROPE
10.4 ASIA PACIFIC
FIGURE 50 CHINA TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
FIGURE 51 ASIA PACIFIC: FIRE PROTECTION SYSTEM MARKET SNAPSHOT
TABLE 124 ASIA PACIFIC: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 125 ASIA PACIFIC: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
TABLE 126 ASIA PACIFIC: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 127 ASIA PACIFIC: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
TABLE 128 ASIA PACIFIC: MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 129 ASIA PACIFIC: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
10.4.1 CHINA
10.4.1.1 Growing role of government to ensure mandatory installation of fire protection systems
10.4.2 JAPAN
10.4.2.1 Initiatives to increase public awareness regarding fire safety
10.4.3 SOUTH KOREA
10.4.3.1 Government initiatives to minimize fire-related damages
10.4.4 REST OF ASIA PACIFIC
10.5 ROW
FIGURE 52 MIDDLE EAST TO ACCOUNT FOR LARGEST SHARE DURING FORECAST PERIOD
TABLE 130 ROW: FIRE PROTECTION SYSTEM MARKET, BY SUBREGION, 2018–2021 (USD MILLION)
TABLE 131 ROW: MARKET, BY SUBREGION, 2022–2027 (USD MILLION)
TABLE 132 ROW: MARKET, BY PRODUCT AND SERVICE, 2018–2021 (USD MILLION)
TABLE 133 ROW: MARKET, BY PRODUCT AND SERVICE, 2022–2027 (USD MILLION)
TABLE 134 ROW: MARKET, BY VERTICAL, 2018–2021 (USD MILLION)
TABLE 135 ROW: MARKET, BY VERTICAL, 2022–2027 (USD MILLION)
10.5.1 MIDDLE EAST
10.5.1.1 High demand for fire protection systems in oil & gas sector
TABLE 136 MIDDLE EAST: MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 137 MIDDLE EAST: MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
10.5.2 AFRICA
10.5.2.1 Growing urbanization and improved standard of living
10.5.3 SOUTH AMERICA
10.5.3.1 Growing focus on public safety
11 COMPETITIVE LANDSCAPE (Page No. - 170)
11.1 INTRODUCTION
11.2 STRATEGIES ADOPTED BY KEY PLAYERS
TABLE 138 OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS
11.3 TOP FIVE COMPANY REVENUE ANALYSIS
FIGURE 53 FIRE PROTECTION SYSTEM MARKET: REVENUE ANALYSIS OF FIVE KEY PLAYERS, 2017–2021
11.4 MARKET SHARE ANALYSIS, 2021
TABLE 139 MARKET: MARKET SHARE ANALYSIS (2021)
11.5 COMPANY EVALUATION QUADRANT, 2021
11.5.1 STARS
11.5.2 EMERGING LEADERS
11.5.3 PERVASIVE PLAYERS
11.5.4 PARTICIPANTS
FIGURE 54 MARKET: COMPANY EVALUATION QUADRANT, 2021
11.6 SMALL AND MEDIUM ENTERPRISES (SMES) EVALUATION QUADRANT, 2021
11.6.1 PROGRESSIVE COMPANIES
11.6.2 RESPONSIVE COMPANIES
11.6.3 DYNAMIC COMPANIES
11.6.4 STARTING BLOCKS
FIGURE 55 MARKET, SME EVALUATION QUADRANT, 2021
11.7 FIRE PROTECTION SYSTEM MARKET: COMPANY FOOTPRINT
TABLE 140 COMPANY FOOTPRINT
TABLE 141 VERTICAL: COMPANY FOOTPRINT
TABLE 142 REGIONAL: COMPANY FOOTPRINT
11.8 COMPETITIVE BENCHMARKING
TABLE 143 FIRE PROTECTION SYSTEM MARKET: DETAILED LIST OF KEY STARTUPS/SMES
TABLE 144 MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES
11.9 COMPETITIVE SITUATIONS AND TRENDS
11.9.1 MARKET: PRODUCT LAUNCHES
11.9.2 FIRE PROTECTION SYSTEM MARKET: DEALS
12 COMPANY PROFILES (Page No. - 189)
(Business overview, Products/Solutions/Services offered, Recent Developments, MNM view)*
12.1 KEY PLAYERS
12.1.1 CARRIER GLOBAL CORPORATION
TABLE 145 CARRIER GLOBAL CORPORATION: BUSINESS OVERVIEW
FIGURE 56 CARRIER GLOBAL CORPORATION: COMPANY SNAPSHOT
TABLE 146 CARRIER GLOBAL CORPORATION: PRODUCT SOLUTIONS/SERVICES OFFERED
TABLE 147 CARRIER GLOBAL CORPORATION: PRODUCT LAUNCHES
TABLE 148 CARRIER GLOBAL CORPORATION: DEALS
12.1.2 HONEYWELL INTERNATIONAL INC.
TABLE 149 HONEYWELL INTERNATIONAL INC.: BUSINESS OVERVIEW
FIGURE 57 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT
TABLE 150 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 151 HONEYWELL INTERNATIONAL INC.: PRODUCT LAUNCHES
TABLE 152 HONEYWELL INTERNATIONAL INC.: DEALS
12.1.3 JOHNSON CONTROLS
TABLE 153 JOHNSON CONTROLS: BUSINESS OVERVIEW
FIGURE 58 JOHNSON CONTROLS: COMPANY SNAPSHOT
TABLE 154 JOHNSON CONTROLS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 155 JOHNSON CONTROLS: PRODUCT LAUNCHES
12.1.4 ROBERT BOSCH GMBH
TABLE 156 ROBERT BOSCH GMBH: BUSINESS OVERVIEW
FIGURE 59 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
TABLE 157 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 158 ROBERT BOSCH GMBH: PRODUCT LAUNCHES
TABLE 159 ROBERT BOSCH GMBH: DEALS
12.1.5 SIEMENS
TABLE 160 SIEMENS: BUSINESS OVERVIEW
FIGURE 60 SIEMENS: COMPANY SNAPSHOT
TABLE 161 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 162 SIEMENS: PRODUCT LAUNCHES
12.1.6 EATON CORPORATION PLC
TABLE 163 EATON CORPORATION PLC: BUSINESS OVERVIEW
FIGURE 61 EATON CORPORATION PLC: COMPANY SNAPSHOT
TABLE 164 EATON CORPORATION PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.7 GENTEX CORPORATION
TABLE 165 GENTEX CORPORATION: BUSINESS OVERVIEW
FIGURE 62 GENTEX CORPORATION: COMPANY SNAPSHOT
TABLE 166 GENTEX CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED
12.1.8 HALMA PLC
TABLE 167 HALMA PLC: BUSINESS OVERVIEW
FIGURE 63 HALMA PLC: COMPANY SNAPSHOT
TABLE 168 HALMA PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 169 HALMA PLC: DEALS
12.1.9 HOCHIKI CO., LTD.
TABLE 170 HOCHIKI CO., LTD.: BUSINESS OVERVIEW
FIGURE 64 HOCHIKI CO., LTD.: COMPANY SNAPSHOT
TABLE 171 HOCHIKI CO., LTD.: PRODUCT OFFERINGS
TABLE 172 HOCHIKI CO., LTD.: PRODUCT LAUNCHES
12.1.10 TELEDYNE TECHNOLOGIES INCORPORATED
TABLE 173 TELEDYNE TECHNOLOGIES INCORPORATED: BUSINESS OVERVIEW
FIGURE 65 TELEDYNE TECHNOLOGIES INCORPORATED: COMPANY SNAPSHOT
TABLE 174 TELEDYNE TECHNOLOGIES INCORPORATED: PRODUCTS/SOLUTIONS/SERVICES OFFERED
TABLE 175 TELEDYNE TECHNOLOGIES INCORPORATED: DEALS
12.2 OTHER PLAYERS
12.2.1 API GROUP
12.2.2 ARGUS FIRE PROTECTION COMPANY LTD.
12.2.3 BAKERRISK
12.2.4 CIQURIX
12.2.5 DNV AS GROUP COMMUNICATIONS
12.2.6 ENCORE FIRE PROTECTION
12.2.7 FIKE CORPORATION
12.2.8 FIRE & GAS DETECTION TECHNOLOGIES, INC.
12.2.9 FIRELINE CORPORATION
12.2.10 FIRETROL PROTECTION SYSTEMS, INC.
12.2.11 GEXCON
12.2.12 IAMTECH
12.2.13 INSIGHT NUMERICS, LLC
12.2.14 MINIMAX VIKING GMBH
12.2.15 MSA SAFETY INCORPORATED
12.2.16 NAPCO SECURITY TECHNOLOGIES, INC.
12.2.17 ORR PROTECTION
12.2.18 SCHRACK SECONET AG
12.2.19 SECURITON AG
12.2.20 S&S SPRINKLER CO. LLC
*Details on Business overview, Products/Solutions/Services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
13 ADJACENT & RELATED MARKETS (Page No. - 255)
13.1 INTRODUCTION
13.2 LIMITATIONS
13.3 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY REGION
TABLE 176 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY REGION, 2018–2021 (USD MILLION)
TABLE 177 PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY REGION, 2022–2027 (USD MILLION)
13.4 NORTH AMERICA
TABLE 178 NORTH AMERICA: PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY COUNTRY, 2018–2021 (USD MILLION)
TABLE 179 NORTH AMERICA: PROCESS AUTOMATION AND INSTRUMENTATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION)
13.4.1 US
13.4.1.1 Increasing adoption of automated solutions in oil & gas, pharmaceuticals, and food & beverages industries
13.4.2 CANADA
13.4.2.1 Growing support offered by Canadian government to small-scale food processing industries to adopt advanced technologies
13.4.3 MEXICO
13.4.3.1 Rising adoption of Industry 4.0 to provide growth opportunities for process automation and instrumentation
14 APPENDIX (Page No. - 260)
14.1 INSIGHTS FROM INDUSTRY EXPERTS
14.2 DISCUSSION GUIDE
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.4 CUSTOMIZATION OPTIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
The study involved four major activities in estimating the current size of the fire protection system market. Exhaustive secondary research has been done to collect information on the market, peer market, and parent market. To validate these findings, assumptions, and sizing with industry experts across the value chain through primary research has been the next step. Both top-down and bottom-up approaches have been employed to estimate the complete market size. After that, market breakdown and data triangulation methods have been used to estimate the market size of segments and subsegments. Two sources of information—secondary and primary—have been used to identify and collect information for an extensive technical and commercial study of the fire protection system market.
Secondary Research
Secondary sources include company websites, magazines, industry news, associations, and databases (Factiva and Bloomberg). These secondary sources include annual reports, press releases, and investor presentations of companies, white papers, certified publications, articles by recognized authors, regulatory bodies, trade directories, and databases.
Various secondary sources include corporate filings such as annual reports, investor presentations, and financial statements, trade, business and professional associations, white papers, manufacturing associations, and more.
Primary Research
Primary sources mainly consist of several experts from the core and related industries, along with preferred fire protection system providers, distributors, alliances, standards, and certification organizations related to various segments of this industry’s value chain.
In the primary research process, various primary sources from both supply and demand sides were interviewed to obtain qualitative and quantitative information on the market. The primary sources from the supply-side included various industry experts such as Chief Experience Officers (CXOs), Vice Presidents (VPs), and Directors from business development, marketing, product development/innovation teams, and related key executives from fire protection system providers, such as Carrier Global Corporation (US), Honeywell International Inc. (US), Johnson Controls (Ireland), Robert Bosch GmbH (Germany), and Siemens (Germany); research organizations, distributors, industry associations, and key opinion leaders. Following is the breakdown of primary respondents.
The breakdown of primary respondents is provided below.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
Both top-down and bottom-up approaches have been used to estimate and validate the total size of the fire protection system market. These methods have also been used extensively to estimate the size of various subsegments in the market. The following research methodology has been used to estimate the market size:
- Major players in the industry and markets have been identified through extensive secondary research.
- The industry’s value chain and market size (in terms of value) have been determined through primary and secondary research processes.
- All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size from the estimation process explained above, the overall market has been split into several segments and subsegments. The market breakdown and data triangulation procedures have been employed, wherever applicable, to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Report Objectives
- To define, describe, and forecast the fire protection system market based on type, product, and services
- To define, describe, and forecast the fire protection system market based on vertical
- To describe and forecast the size of the fire protection system market based on four regions, namely, North America, Europe, Asia Pacific, and the Rest of the World, along with their respective countries
- To provide detailed information regarding factors (drivers, restraints, opportunities, and challenges) influencing the market growth
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market size
- To study the complete value chain of the fire protection system market
- To analyze opportunities for stakeholders by identifying high-growth segments of the market
- To strategically profile the key players and comprehensively analyze their market positions in terms of their ranking and core competencies
- To analyze competitive developments, such as product launches, acquisitions, collaborations, agreements, and partnerships, in the market
Available Customizations
Based on the given market data, MarketsandMarkets offers customizations in the reports according to the client’s specific requirements. The available customization options are as follows:
Company Information
- Detailed analysis and profiling of additional market players (up to 5)
- Triangulate with your Own Data
- Get Data as per your Format and Definition
- Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
- Any level of Personalization
- What are the Known and Unknown Adjacencies Impacting the Fire Protection System Market
- What will your New Revenue Sources be?
- Who will be your Top Customer; what will make them switch?
- Defend your Market Share or Win Competitors
- Get a Scorecard for Target Partners
Growth opportunities and latent adjacency in Fire Protection System Market
Does this analysis also include more specialized systems such as condensed aerosol fire suppression?
New technological innovations such as cloud-based technology and 5G technology are creating huge opportunities for the fire protection device manufacturers. Do you have insights on how 5G technology has a positive impact on the growth of fire protection devices in the report?
With the increase in adoption of AR and VR technologies in various industrial applications, firefighters are also adopting VR training, which helps them to see outcomes and develop critical thinking skills. Could you provide more clarification on such type of training information in the report?
Nowadays, drones and UAVs are among of the fastest-growing markets and are used by fire departments as fire alarm resources. Is it possible to get few market trends and size of UAV-based fire protection systems from the report?
A fire in mines, forests, and other industries is a critical issue. Vehicle suppression systems are mostly used to inhibit the fire in heavy equipment used in such industries. I would like to have more information on vehicle suppression systems for APAC and Middle East regions, where these systems has penetrating with a high demand in the market.
Mobile ultrasound fire protection devices are more versatile than fixed monitors. These can be used for fast deployment in a wide range of scenarios and are creating huge opportunities for the growth of the fire protection system market. Could you provide more information on the vendors offering ultrasound fire protection monitors?