North America Fire Protection Systems Market Expanding Beyond the Predictions - Comprehensive Analysis of Top Impacting Factors (2017-2023)

The North America Fire protection systems market was valued at $13,798 million in 2016, and is projected to reach $25,575 million by 2023, growing at a CAGR of 8.5% from 2017 to 2023. The oil, gas & mining industry segment is anticipated to grow at the highest rate during the forecast period.The fire protection systems market is in its maturity phase and is expected to grow at a CAGR of 8.5% during the forecast period. Growth in need for fire protection systems across various industry domains, increased process automation in residential & commercial buildings, and technological advancements & innovations in equipment as well as networking drive the growth in the North America Fire protection systems market.

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The U.S. generated the highest revenue in the North America Fire protection systems market in 2016 due to its technological advancements and developed infrastructure, regulatory compliances associated with fire safety, and introduction of innovative solutions by the key players in the region. The Mexico fire protection systems market is expected to grow at the highest rate of 10.3% during the forecast period.

Comprehensive and Competetive Analysis of Dominating Market Players

•Honeywell International Inc.
•Johnson Controls, Inc.
•Siemens AG
•Orcus Fire & Risk, Inc.
•Halma PLC
•Robert Bosch GmbH
•United Technologies Corporation
•Amerex Corporation
•Gentex Corporation
•HOCHIKI Corporation

Fire detection systems segment generated maximum share of revenue in 2016 and is expected to dominate the market throughput the forecast period at the CAGR of 8.4%. Among services, installation & maintenance is expected to witness highest CAGR of 10.8% during the forecast period.

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Table of Content


Chapter: 1: INTRODUCTION

1.1. REPORT DESCRIPTION
1.2. KEY BENEFITS
1.3. RESEARCH METHODOLOGY

1.3.1. Secondary research
1.3.2. Primary research
1.3.3. Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE

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Chapter: 3: MARKET OVERVIEW

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS

3.2.1. Top investment pockets
3.2.2. Top winning strategies

3.2.2.1. Top winning strategies, by year 2014-2017
3.2.2.2. Top winning strategies, by development 2015-2017
3.2.2.3. Top winning strategies, by company 2015-2017

3.3. PORTER'S FIVE FORCES ANALYSIS
3.4. MARKET PLAYER POSITIONING
3.5. MARKET DYNAMICS

3.5.1. Drivers

3.5.1.1. Need for fire protection systems across various industry domains
3.5.1.2. Increase in automation in residential and commercial buildings

3.5.2. Restraints

3.5.2.1. Higher installation and maintenance costs

3.5.3. Opportunities

3.5.3.1. Technological advancements and innovations in equipment and networking

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