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Fire Suppression Market by Product (Fire Suppressors, Fire Sprinklers, Nozzles, Caps, and Control Heads, Fire Detectors and Control Panels) by Suppression Reagent (Water, Gaseous, Chemical, Foam) by Industry Sector (Industrial, Commercial, Residential)

08-14-2018 02:16 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Genesis market insights

Fire Suppression Market

Fire Suppression Market

Global Fire Suppression Market was valued at USD XX Billion in the year 2017. Global Fire Suppression Market is further estimated to grow at a CAGR of XX% from 2018 to reach USD XX Billion by the year 2023.

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Asia-Pacific region holds the highest market share in 2017 and the North America region is considered as the fastest growing market in the forecasted period. At a country level, developed markets like China and Japan hold the notable market share in 2017 and are projected to grow at a gradual rate in the coming years.

Honeywell International Inc. (U.S), Siemens AG (Germany), Johnson Controls. (U.S), HOCHIKI Corporation (Japan), Robert Bosch GmbH (Germany), FlyFirefly Sdn Bhd (Malaysia), UNITED TECHNOLOGIES (U.S), Halma plc (U.K), Minimax Viking Group (Germany), S & S Fire Suppression Systems, Inc. (U.S), are some of the key players in the Fire Suppression Market.

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Drivers:

• Increased damage to Human Life and Property Due to Fire Breakouts

Restraints:

• Lack of Integrity in System Interfaces

Opportunities:

• Enhancement in Human Machine Interface Solutions

Challenges:

• Decreasing prices of Oil & Gas

Segmentation done on the basis of Industry Sector includes Industrial, Commercial and Residential of which the Industrial segment is expected to hold the highest market share during the forecast period. On the other hand, segmentation done on the basis of Suppression Reagent includes Water, Gaseous, Chemical and Foam of which Gaseous segment is expected to grow at the XX% CAGR during the forecast period.

Key Benefits for Stakeholders

• Manufacturers of fire suppression systems, Distributors of fire suppression products,
• Fire suppression system technology platform developers, Component Manufacturers,
• Product manufacturers, System integrators,
• Original equipment manufacturers (OEMs),
• Research organizations and consulting companies

By Product

• Fire Suppressors
• Fire Sprinklers, Nozzles, Caps, and Control Heads
• Fire Detectors and Control Panels

By Suppression Reagent

• Water
• Gaseous
• Chemical
• Foam

By Industry Sector

• Industrial
• Commercial
• Residential

By Region

• North America
• Europe
• Asia-Pacific
• RoW

Key Market Players

• Honeywell International Inc.
• Siemens AG
• Johnson Controls.
• HOCHIKI Corporation
• Robert Bosch GmbH
• FlyFirefly Sdn Bhd
• UNITED TECHNOLOGIES
• Halma plc
• Minimax Viking Group
• S & S Fire Suppression Systems, Inc.

(Another brief information of 10 companies will be provided in the report)

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About Us:

Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.

Contact Us;

Genesis Market Insights (GMI)
902 Broadway, 6th Floor,
New York, NY 10010
(212) 634-4560
Mail us at: info@genesismarketinsights.com
Website: www.genesismarketinsights.com

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