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From 2024–2031, the worldwide market for fire prevention systems is projected to expand from an initial valuation of USD 77.98 billion, a rate of 8.6 percent CAGR.
Commercial uses of fire detection systems in buildings such as schools, hospitals, and government offices are on the rise due to the introduction of stringent fire prevention and control regulations by governments worldwide. As more and more companies put money into securing their infrastructure and reducing the likelihood of property and life loss, the demand for commercial fire alarm and detection systems is expected to rise.
Whether it's a school, hospital, or commercial building, a fire protection system is an essential part of every building's safety plan. Size, function, and building type all play a role in determining the best fire protection systems and equipment to use. There are a variety of fire safety systems on the market, including automatic sprinkler systems, fire hydrant systems, fire hose reels, and extinguishers. The building's smoke control, ventilation, and stairwell-pressurization systems may also be involved with some systems, depending on the type of building. The integrated method is essential in fire prevention planning, as it requires system designers to examine the building's components collectively. But systems need maintenance and updates to the most recent fire safety regulations to function correctly.
A growing number of rules and regulations requiring the installation of fire safety equipment across various industries and sectors are expected to propel the comparatively mature market during the forecast period. Another factor that is likely to fuel the market expansion is the simple availability of technologically improved equipment. Additionally, advanced networking capabilities will play a role in facilitating efficient communication between fire detection solutions and fire suppression systems or solutions. Several important trends are driving demand in the industry. One is the increasing use of Internet of Things (IoT) technology to connect various objects and devices in smart building systems. Another trend is the need to analyze fire and security risks in buildings before they are designed. Lastly, there is a continuing need to communicate with building occupants in emergency situations.
Additionally, the installation of fire safety equipment is being mandated in both residential and commercial locations by strict fire safety regulations and standards in several countries, which is expected to enhance market growth. For example, in order for HVAC systems to automatically turn off in the event of a fire, smoke detectors must be put in specific ducts, as per NFPA Standard 90A for in-duct smoke detection and three model Mechanical Codes created by model building code bodies BOCA, ICBO, and SBCCI. Wireless sensor network developments and the use of wireless fire detectors are also expected to have a positive impact on the industry. Additional factors anticipated to have a significant influence on the market include the increasing focus on fire safety and the surge in construction infrastructure development projects. Worldwide, businesses are putting more money on infrastructure safety and security in an effort to cut down on casualties. One further thing that's going to drive up demand for fire safety gear worldwide is the implementation of fire safety standards for construction and remodeling projects.
The COVID-19 pandemic altered market expectations. Positive signs are emerging during the COVID-19 pandemic, and the focus of the country is shifting toward helping businesses recover and get the economy back on track. In many parts of the nation, fire sprinkler contractors never stopped working. Site closures and cost-cutting measures taken by financially troubled facilities led to the elimination of jobs elsewhere. The fire sprinkler market in the US was booming before the COVID-19 pandemic. More than 25% of fire sprinkler heads shipped in 2019 were for residential use, a first for the NFSA. Nationally, the sprinkler market increased by over 6%, while most major metro regions had double-digit growth.
One of the main factors propelling the expansion of the global construction industry is the need for energy efficiency. The purpose of a fire alarm system is to ensure the safety of a building's occupants by detecting the presence of fire and sounding the alarm to evacuate the building. A number of people have lost their lives in fires that broke out in homes and businesses in recent years. Consequently, architects must incorporate fire prevention measures into buildings to prevent damages. In order to safeguard the property from potential fire dangers, fire protection measures contain a collection of safety protocols and apparatus. Typically, sprinkler systems, fire alarms, and extinguishers are all part of it. Factories, homes, public spaces, and public transportation all include fire safety devices. The federal, state, and local governments have enacted fire codes and standards that these systems must meet. Periodic testing of fire protection systems improves operability in the event of an emergency, safeguards on-site assets, and reduces the severity of damage. Therefore, the market for fire prevention systems is expected to develop over the forecast period, driven in part by people's worries about their own safety.
Report Coverage
Global Fire Protection Systems research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Fire Protection Systems report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Fire Protection Systems competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Fire Protection Systems market players and analyses their core competencies in each global market sub-segments.
Key Points Covered in the Report
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Fire Protection Systems market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Fire Protection Systems market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ems Security Group Ltd (U.K.), Electro Detectors Ltd (U.K.), Sterling Safety Systems (U.K.), Honeywell International, Inc. (U.S.), Siemens AG (Germany), Wagner Group Gmbh (Germany), Hochiki Corporation (Japan), Halma Plc. (U.K.), Apollo Fire Detectors Limited (U.K.), Robert Bosch Gmbh (Germany), EUROFYRE LTD. (U.K.), Detectomat Gmbh (Germany), Ceasefire Industries Pvt. Ltd (India), Johnson Controls (Ireland), Napco Security technologies, Inc. (U.S.), Def Nederland, Zeta Alarm ltd (U.K.), Libelium Comunicaciones Distribuidas S.L (Spain), Attentis (Australia), and Vigilys, Inc (U.S.), among others
Primary Target Market
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Fire Protection Systems market based on the below-mentioned segments:
Global Fire Protection Systems Market, By Type
Active Fire Protection System
Passive Fire Protection Systems
Passive Fire Protection Areas
Global Fire Protection Systems market, By Product
Fire Detection
Fire Sprinkler System
Fire Suppression
Fire Response
Fire Analysis
Global Fire Protection Systems Market, By End User
Commercial
Residential
Energy and Power
Government
Manufacturing
Oil, Gas and Mining
Transportation and Logistics
Others
Global Fire Protection Systems market, Regional Analysis
Commercial uses of fire detection systems in buildings such as schools, hospitals, and government offices are on the rise due to the introduction of stringent fire prevention and control regulations by governments worldwide. As more and more companies put money into securing their infrastructure and reducing the likelihood of property and life loss, the demand for commercial fire alarm and detection systems is expected to rise.
Whether it's a school, hospital, or commercial building, a fire protection system is an essential part of every building's safety plan. Size, function, and building type all play a role in determining the best fire protection systems and equipment to use. There are a variety of fire safety systems on the market, including automatic sprinkler systems, fire hydrant systems, fire hose reels, and extinguishers. The building's smoke control, ventilation, and stairwell-pressurization systems may also be involved with some systems, depending on the type of building. The integrated method is essential in fire prevention planning, as it requires system designers to examine the building's components collectively. But systems need maintenance and updates to the most recent fire safety regulations to function correctly.
A growing number of rules and regulations requiring the installation of fire safety equipment across various industries and sectors are expected to propel the comparatively mature market during the forecast period. Another factor that is likely to fuel the market expansion is the simple availability of technologically improved equipment. Additionally, advanced networking capabilities will play a role in facilitating efficient communication between fire detection solutions and fire suppression systems or solutions. Several important trends are driving demand in the industry. One is the increasing use of Internet of Things (IoT) technology to connect various objects and devices in smart building systems. Another trend is the need to analyze fire and security risks in buildings before they are designed. Lastly, there is a continuing need to communicate with building occupants in emergency situations.
Additionally, the installation of fire safety equipment is being mandated in both residential and commercial locations by strict fire safety regulations and standards in several countries, which is expected to enhance market growth. For example, in order for HVAC systems to automatically turn off in the event of a fire, smoke detectors must be put in specific ducts, as per NFPA Standard 90A for in-duct smoke detection and three model Mechanical Codes created by model building code bodies BOCA, ICBO, and SBCCI. Wireless sensor network developments and the use of wireless fire detectors are also expected to have a positive impact on the industry. Additional factors anticipated to have a significant influence on the market include the increasing focus on fire safety and the surge in construction infrastructure development projects. Worldwide, businesses are putting more money on infrastructure safety and security in an effort to cut down on casualties. One further thing that's going to drive up demand for fire safety gear worldwide is the implementation of fire safety standards for construction and remodeling projects.
The COVID-19 pandemic altered market expectations. Positive signs are emerging during the COVID-19 pandemic, and the focus of the country is shifting toward helping businesses recover and get the economy back on track. In many parts of the nation, fire sprinkler contractors never stopped working. Site closures and cost-cutting measures taken by financially troubled facilities led to the elimination of jobs elsewhere. The fire sprinkler market in the US was booming before the COVID-19 pandemic. More than 25% of fire sprinkler heads shipped in 2019 were for residential use, a first for the NFSA. Nationally, the sprinkler market increased by over 6%, while most major metro regions had double-digit growth.
One of the main factors propelling the expansion of the global construction industry is the need for energy efficiency. The purpose of a fire alarm system is to ensure the safety of a building's occupants by detecting the presence of fire and sounding the alarm to evacuate the building. A number of people have lost their lives in fires that broke out in homes and businesses in recent years. Consequently, architects must incorporate fire prevention measures into buildings to prevent damages. In order to safeguard the property from potential fire dangers, fire protection measures contain a collection of safety protocols and apparatus. Typically, sprinkler systems, fire alarms, and extinguishers are all part of it. Factories, homes, public spaces, and public transportation all include fire safety devices. The federal, state, and local governments have enacted fire codes and standards that these systems must meet. Periodic testing of fire protection systems improves operability in the event of an emergency, safeguards on-site assets, and reduces the severity of damage. Therefore, the market for fire prevention systems is expected to develop over the forecast period, driven in part by people's worries about their own safety.
Report Coverage
Global Fire Protection Systems research report categorizes the market for global based on various segments and regions, forecasts revenue growth, and analyzes trends in each submarket. Global Fire Protection Systems report analyses the key growth drivers, opportunities, and challenges influencing the global market. Recent market developments and Fire Protection Systems competitive strategies such as expansion, product launch and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key Fire Protection Systems market players and analyses their core competencies in each global market sub-segments.
| REPORT ATTRIBUTES | DETAILS |
|---|---|
| Study Period | 2017-2031 |
| Base Year | 2024 |
| Forecast Period | 2024-2031 |
| Historical Period | 2017-2021 |
| Unit | Value (USD Billion) |
| Key Companies Profiled | Ems Security Group Ltd (U.K.), Electro Detectors Ltd (U.K.), Sterling Safety Systems (U.K.), Honeywell International, Inc. (U.S.), Siemens AG (Germany), Wagner Group Gmbh (Germany), Hochiki Corporation (Japan), Halma Plc. (U.K.), Apollo Fire Detectors Limited (U.K.), Robert Bosch Gmbh (Germany), EUROFYRE LTD. (U.K.), Detectomat Gmbh (Germany), Ceasefire Industries Pvt. Ltd (India), Johnson Controls (Ireland), Napco Security technologies, Inc. (U.S.), Def Nederland, Zeta Alarm ltd (U.K.), Libelium Comunicaciones Distribuidas S.L (Spain), Attentis (Australia), and Vigilys, Inc (U.S.), among others |
| Segments Covered | • By Product |
| Customization Scope | Free report customization (equivalent to up to 3 analyst working days) with purchase. Addition or alteration to country, regional & segment scope |
Key Points Covered in the Report
- Market Revenue of Fire Protection Systems Market from 2021 to 2031.
- Market Forecast for Fire Protection Systems Market from 2021 to 2031.
- Regional Market Share and Revenue from 2021 to 2031.
- Country Market share within region from 2021 to 2031.
- Key Type and Application Revenue and forecast.
- Company Market Share Analysis, Fire Protection Systems competitive scenario, ranking, and detailed company
profiles. - Market driver, restraints, and detailed COVID-19 impact on Fire Protection Systems
Market
Competitive Environment:
The research provides an accurate study of the major organisations and companies operating in the global Fire Protection Systems market, along with a comparative evaluation based on their product portfolios, corporate summaries, geographic reach, business plans, Fire Protection Systems market shares in specific segments, and SWOT analyses. A detailed analysis of the firms' recent news and developments, such as product development, inventions, joint ventures, partnerships, mergers and acquisitions, strategic alliances, and other activities, is also included in the study. This makes it possible to assess the level of market competition as a whole.
List of Major Market Participants
Ems Security Group Ltd (U.K.), Electro Detectors Ltd (U.K.), Sterling Safety Systems (U.K.), Honeywell International, Inc. (U.S.), Siemens AG (Germany), Wagner Group Gmbh (Germany), Hochiki Corporation (Japan), Halma Plc. (U.K.), Apollo Fire Detectors Limited (U.K.), Robert Bosch Gmbh (Germany), EUROFYRE LTD. (U.K.), Detectomat Gmbh (Germany), Ceasefire Industries Pvt. Ltd (India), Johnson Controls (Ireland), Napco Security technologies, Inc. (U.S.), Def Nederland, Zeta Alarm ltd (U.K.), Libelium Comunicaciones Distribuidas S.L (Spain), Attentis (Australia), and Vigilys, Inc (U.S.), among others
Primary Target Market
- Market Players of Fire Protection Systems
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Third-party knowledge providers
- Value-Added Resellers (VARs)
Market Segment:
This study forecasts global, regional, and country revenue from 2019 to 2031. INFINITIVE DATA EXPERT has segmented the global Fire Protection Systems market based on the below-mentioned segments:
Global Fire Protection Systems Market, By Type
Active Fire Protection System
Passive Fire Protection Systems
Passive Fire Protection Areas
Global Fire Protection Systems market, By Product
Fire Detection
Fire Sprinkler System
Fire Suppression
Fire Response
Fire Analysis
Global Fire Protection Systems Market, By End User
Commercial
Residential
Energy and Power
Government
Manufacturing
Oil, Gas and Mining
Transportation and Logistics
Others
Global Fire Protection Systems market, Regional Analysis
- Europe: Germany, Uk, France, Italy, Spain, Russia, Rest of Europe
- The Asia Pacific: China,Japan,India,South Korea,Australia,Rest of Asia Pacific
- South America: Brazil, Argentina, Rest of South America
- Middle East & Africa: UAE, Saudi Arabia, Qatar, South Africa, Rest of Middle East & Africa
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