Press release
Fire Safety Equipment Market Brief Analysis By Top Key Players - Honeywell International, Nittan Company Ltd., United Technologies Corporation, Bosch Security Systems Inc., Johnson Controls Inc., Siemens Building Technologies
The global fire safety equipment market generated $52.4 billion in 2017 and is anticipated to grow at a CAGR of 9.1% during the forecast period.Fire Safety Equipment refers to devices that offer protection and assistance to the user in case of fire accidents. This equipment includes smoke alarms, sprinklers, first aid kits, emergency and exit signage, and fire extinguishers among others. Fire safety equipment are used used in hospitals, manufacturing facilities, homes, and commercial buildings among others. Fire safety equipment enable users to sustain harsh conditions, which may otherwise lead to injury.
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The demand for fire safety equipment has increased over the years owing to growing safety concerns and strict regulations regarding workplace safety. The increasing adoption of smart homes and smart buildings boost the adoption of fire safety equipment. Use of fire safety equipment enables users to avoid risks and reduce the number of accidents and loss of life and property due to fire. The increasing demand from industries such as transportation, oil and gas, energy and power, and manufacturing would provide growth opportunities for fire safety equipment market during the forecast period.
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Fire Safety Equipment Market, 2017-2026. This re port comprises a detailed geographic distribution of the market across North America, Europe, Asia-Pacific, Latin America, and MEA. North America is further segmented into U.S., Canada, and Mexico. Europe is divided into Germany, UK, Italy, France, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
North America generated the highest revenue in 2017 owing to presence of stringent safety regulations and growing awareness regarding workforce safety. The increasing demand from the manufacturing and mining industries has accelerated the adoption of fire safety equipment in the region.
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Competitive Landscape and Key Vendors
The global fire safety equipment market is characterized by the presence of well-diversified international and small and medium-sized vendors. These companies are consistently launching new products to enhance their offerings in the market. With the advancement of technologies, companies are innovating and introducing new customized products to cater the growing needs of the customers. Leading companies are also acquiring other companies, and enhancing their product offerings to improve their market reach. Acquisitions enable key players to increase their market potential in terms of geographic expansion and expansion of customer base.
The leading in the market include Honeywell International, Nittan Company Ltd., United Technologies Corporation, Bosch Security Systems Inc., Johnson Controls Inc., Siemens Building Technologies, Hochiki Corporation, Minimax Viking GmbH, Tyco International PLC, and Gentex Corporation.
Key Segments
Product Type
• Fire Detection
• Fire Suppression
• Fire Analysis
• Fire Response
• Others
Technology
• Active Fire Safety
• Passive Fire Safety
End-User
• Commercial
• Residential
• Industrial
• Others
Region
• North America
o U.S.
o Canada
o Mexico
• Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific
• Latin America
o Brazil
o Rest of Latin America
Middle East and Africa.
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About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.
Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
About us Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
We mainly focus on aiding our customers with substantial competitive intelligence, helping them to secure a competitive advantage in the market and accomplish sustainable growth in different market domains. Adept with a highly competent, experienced and extremely qualified team of experts comprising SMEs, analysts and consultants, we at Polaris endeavor to deliver value-added business solutions to our customers. Through dedicated qualitative and quantitative primary and secondary market research and consulting assignments, we adeptly formulate competitive strategies to address business challenges for our clients through analyzing market trends and emerging technologies.
Contact us-
Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
Email: sales@polarismarketresearch.com
Web: www.polarismarketresearch.com
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