Fire Suppression Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024
Category: #reports  By Ashwin Naphade  Date: 2019-01-21
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Fire Suppression Market Overview with Detailed Analysis, Competitive landscape, Forecast to 2024

Global Fire Suppression market analysis mainly introduces the changing market dynamics in terms of covering all details inside analysis and opinion, volume and value market share by players, by regions, by product type, by consumers and their price change details, cost/revenue structure. Additionally, the analysis of Global Fire Suppression offers a detailed breakdown of key market growth drivers and limitation along with impact analysis of the same.

 

Stringent government regulations towards public safety along with growing consumer awareness will drive the fire suppression market size. Growing commercial floorspace along with introduction of safety codes and standards will stimulate the product penetration.  As per American Chemistry Council, the fire codes set by NFPA and IFC states that all areas with upholstered furniture including healthcare facilities and educational institutes must have sprinkler system installed.

 

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U.S. is projected to reach over annual installation of 150 million units by 2024. Upsurge in construction industry along with technological advancement in the product design and development will embellish the U.S. fire suppression market share. Increasing demand for environment friendly, less toxic, automatic and new generation systems will propel the product growth. In 2016, the country construction industry continued its rebound with 5.3% with another 2% expected increase by the end of 2017.

 

Growing awareness toward the adoption of fire protection systems to mitigate the hazards and accidents will foster the fire suppression market share. Introduction of green buildings in Europe coupled with stringent safety regulations will fuel the business growth. As per European Commission, 70,000 people are hospitalized due to severe injuries caused by fire with an estimated damage of USD 148.6 billion every year.

 

Rapid industrialization across developing economies along with increasing demand for safety equipment will drive the global fire suppression market. Ongoing investments across Asia-Pacific and Africa towards the expansion of industrial, commercial and residential establishments will boost the product demand. As per Central Banks and Governments? statistics bureau, investments across Asia Pacific for the development of Industrial sector was USD 10.6 billion in 2016.

 

Germany fire suppression market is set to experience substantial growth on account of enhancement and improvisation of safety standards. As per European Commission, in Germany, any office or residential building with height of over 60 m must be provided with two stair cases as a safety exit and a sprinkler system must be installed to meet the safety standards.

 


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China fire suppression market is set to witness growth over 3% by 2024. Expansion of industrial and commercial sector along with growing measures to reduce the fire accidents will positively influence the business landscape. In 2015, China surpassed the U.S. as the world?s major safety and security products market with an annual rise of 10.8%.

 

Saudi Arabia fire suppression market in 2016 was valued over 150 million. Ongoing O&G projects along with expansion and establishment of other available industries will boost the demand for suppression systems. In 2015, number of operating industrial units have reached up to 7,007 with the investment of USD 290 billion.

 

Notable players in global fire suppression market include TYCO, United Technologies Corporation, Minimax, Lubrizol, Bristol Fire Engineering, Halma PLC, SFFECO, Firetronics, NAFFCO, Master Fire Preventions Ltd., National Fire Equipment Ltd. and Amerex Corporation.

 

Key Table Points Covered in Fire Suppression Market Report:

 

Global Fire Suppression Market Research Report 2017

Global Fire Suppression Market Competition by Manufacturers

Global Fire Suppression Capacity, Production, Revenue (Value) by Region

Global Fire Suppression Supply (Production), Consumption, Export, Import by Region

Global Fire Suppression Production, Revenue (Value), Price Trend by Type

Global Fire Suppression Market Analysis by Application

Global Fire Suppression Manufacturers Profiles/Analysis

Fire Suppression Manufacturing Cost Analysis

Industrial Chain, Sourcing Strategy and Downstream Buyers

Fire Suppression Marketing Strategy Analysis, Distributors/Traders

Fire Suppression Market Effect Factors Analysis


Report Content

 

Chapter 1. Methodology & Scope

Chapter 2. Executive Summary

Chapter 3. Fire Suppression Market Industry Insights

Chapter 4. Fire Suppression Market, By Product

Chapter 5. Fire Suppression Market, By End-Use

Chapter 6. Fire Suppression Market, By Region

Chapter 7. Company Profiles

 

The Questions Briefly Answered in Fire Suppression Market Report:

  • What is The Worldwide Production, Consumption, Consumption Price, Import and Export of Fire Suppression?
  • Who Are the Worldwide Key Manufacturers of Fire Suppression Market However Are Their In-Operation Scenario (Capacity, Production, Price, Cost, Gross and Revenue)?
  • The Market Share of Every Type and Application of Fire Suppression? 
  • What Are the Upstream Raw Materials and What is The Producing Method of Fire Suppression? 
  • Economic Impact on Fire Suppression Trade and Development Trend of Fire Suppression Industry?
  • What Will Be the Fire Suppression Market Size and Therefore the Rate of Growth Be In 2025? 
  • What Are the Key Market Trends Impacting the Expansion of The Fire Suppression Industry? 
  • What Are the Fire Suppression Market Challenges to Stimulate Growth? 
  • What Are the Fire Suppression Market Opportunities and Threats by The Vendors Within  Market?


Complete report titled at https://www.marketstudyreport.com/reports/fire-suppression-market

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About Author

Ashwin Naphade

Email: [email protected]   

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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