Press release
Fire Protection System Market 2018 To 2025-Expanding Worldwide with Top Players : Honeywell International Inc., Johnson Controls, Halma PLC, Hochiki Corporation, Fike Corporation, Firefly AB, Gentex Corporation,With Future Business Scope and Market Revenu
Fire Protection System Market
Market research report demonstrates a detailed study of data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis
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Fire Protection System Market accounted for USD 50.85 billion growing at a CAGR of 10.1% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Some of the major players of the global fire protection system market are:
Amerex Corporation, Ceasefire Industries Pvt. Ltd, Eaton Corporation PLC, Emerson Electric Co., EMS Security Group Ltd, Fike Corporation, Firefly AB, Gentex Corporation, Halma PLC, Hochiki Corporation, Honeywell International Inc., Johnson Controls, Micropack Engineering Ltd, Minimax Viking GmbH, MSA Safety Inc., National Fire Fighting Manufacturing Company (Naffco), Nitin Fire Protection Industries Ltd., Panasonic Corporation, Robert Bosch GmbH, Schneider Electric, Siemens AG, Sterling Safety Systems, Tyco International PLC, United Technologies, VT Mak, and others.
Company Share Analysis :
The report for the global fire protection system market include detailed vendor level analysis for market shares in 2016 for Global, North America, Europe, Asia Pacific, Middle East and Africa and South America specifically. Also impact and development analysis of key vendors is registered in the market and factored on the basis of Vendor Positioning Grid Analysis which measures the vendors strengths and opportunities against present market challenges, measure providers ability to identify or satisfy present market needs, map providers market vision to current and upcoming market dynamics among others. The report also measures technology life line curve and market time line to analyze and do more affective investments.
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Market Segmentation :
• On the basis of technology the global fire protection system market is further segmented into coating, bulkheads, sealant, and others.
• On the basis of service, the global fire protection system market is further segmented into engineering services, installation and design services, maintenance services, managed services, and others.
• On the basis of system, the global fire protection system market is categorized into detection systems, alarm systems, suppression systems, and others.
• On the basis of vertical, the global fire protection system market is further categorized into BFSI, hospitality & travel, healthcare, transportation & logistics, manufacturing, retail, mining and oil & gas, and others.
• On the basis of geography, the global fire protection system market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Major market drivers & restraints:
• Rise in technological advancements and innovations in equipment
• Inflexible regulatory norms for fire protection systems
• Increasing trend of automation in commercial buildings and smart homes
• Increased fire-related expenditure of various enterprises, and rise in deaths and loss of property
• Lack of reliability in system interfaces
• High application and maintenance cost
Report Brief Focus On:
Fire Protection System Market Present , By Geography; Product (Fire Detection, Fire Suppression, Fire Analysis, Fire Response); Technology (Coating, Bulkheads, Sealant); Service (Engineering Services, Installation and Design Services, Maintenance Services, Managed Services); System (Detection Systems, Alarm Systems, Suppression Systems); Vertical (BFSI, Retail, Energy and Power, Government, Manufacturing, Oil, Gas, and Mining, Transportation and Logistics) – Industry Trends and Forecast to 2024
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