Fire Suppression Market Regional Growth Driver to 2024 by Leading Players: Johnson Controls, Robert Bosch, Lubrizol, Amerex Corporation, Halma PLC, NAFFCO FZCO
Fire Suppression Market is predicted to exceed USD 16 billion by 2024. strict government norms towards public safety coupled with rising consumer awareness will stimulate the fire suppression industry size. Introduction of safety standards and codes along with growing commercial floorspace will further boost the product penetration. As per the American Chemistry Council (ACC), the fire codes set by IFC and NFPA states that zones with upholstered furniture must be installed with sprinkler system.
Request for a sample copy of this report @
Growing awareness towards the adoption of fire protection equipment to mitigate the accidents and hazards will fuel the fire suppression market growth. Introduction of green buildings in Europe along with strict safety regulations will foster the business landscape. In 2014, as per the NFPA, the U.S. reported around 37,000 accidents from industrial sector, occurred majorly due to structured fires.
Fire suppression market in Saudi Arabia was valued over 150 million in 2016 on account of ongoing oil & gas projects coupled with establishment and expansion of other available industries. In 2015, the total number of industrial units reached up to 7,007 with an investment of USD 290 billion. Growing investments toward advanced building technologies along with government regulations to reduce natural hazards will further boost the product adoption.
Fire suppression market in Germany is set to witness substantial growth owing to the improvisation and enhancement of safety standards. As per European Commission, offices and residential buildings with height of over 60 meters must be installed with a sprinkler system to meet the safety standards in Germany.
Make an Inquiry for Purchasing this Report @
Fire Suppression Industry, By End-Use:
Rapid industrialization across the developing nations coupled with growing demand for safety equipment will embellish the fire suppression market share. Ongoing investments across Africa and Asia-Pacific towards the expansion of commercial, industrial, and residential establishments will further propel the product penetration. As per the statistics bureau of Central Banks and Governments, Asia Pacific has witnessed investment of USD 10.6 billion for the development of Industrial sector in 2016.
Key players in global fire suppression market include:
1. United Technologies Corporation
4. Bristol Fire Engineering
6. Halma PLC
10. Master Fire Preventions
11. National Fire Equipment
12. Amerex Corporation
Related News: https://www.globenewswire.com/news-release/2017/09/05/1107611/0/en/Fire-Suppression-Market-worth-over-16bn-by-2024-Global-Market-Insights-Inc.html
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fire Suppression Market Regional Growth Driver to 2024 by Leading Players: Johnson Controls, Robert Bosch, Lubrizol, Amerex Corporation, Halma PLC, NAFFCO FZCO here
News-ID: 1873704 • Views: 177
More Releases from Global Market Insights Inc.
Centrifugal Blower Market Trend & Growth Forecast 2019-2024 By End-user - Cement …
Global Market Insights add Centrifugal Blower Market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. Speaking along the lines of centrifugal blowers and their application in Europe, it is worth mentioning that the region accounted for 30% of the global centrifugal blower market volume in 2017. The positive economic growth in the continent combined
Beverage refrigeration market to witness rapid progressions in north america, gl …
Global Market Insights has recently added a report on Beverage Refrigeration Market Share 2019-2024 which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of this industry. The report also highlights the major challenges and current growth strategies adopted by the prominent companies that are a part of the dynamic competitive spectrum of this business sphere. Reportedly, in this fast-paced era, consumers are being more inclined
Europe industrial air filtration market for pharmaceuticals sector is expected t …
Global Europe Industrial Air Filtration Market Report offered by Global market Insights gives a market overview of the air filtration industry which covers product scope, market revenue, opportunities, growth rate, sales volumes and figures. The report also explores the worldwide players of the market and is segmented by region, type and application with forecast to 2022. Europe Industrial Air Filtration Market size in metal applications is projected to account for nearly
Smoke pressure system market to witness remarkable proceeds over 2019-2024, glob …
Global Market Insights, Inc. has recently added a new report on smoke pressure system market which provides a succinct analysis of the market size, revenue forecast, and the regional landscape of smoke pressure system industry. It is imperative to mention that roof mounted smoke pressure system market has amassed a huge popularity in high-rise building applications, owing to its user-friendly layout that works seamlessly with the provision of vents
More Releases for Suppression
Global Suppression Capacitors Market Insights, Forecast 2025
The Suppression Capacitors market was valued at Million US$ in 2018 and is projected to reach Million US$ by 2025, at a CAGR of during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Suppression Capacitors. Get sample copy of report: https://www.marketdensity.com/contact?ref=Sample&reportid=125514 Table of Contents 1 Study Coverage 1.1 Suppression Capacitors Product
Automatic Fire Suppression Systems Market Share by 2025: QY Research
QY Research has lately published a new report on “Global Automatic Fire Suppression Systems Sales Market Report 2018,”. Automatic Fire Suppression Systems are used where cost of installation needs to be cheaper, such as those in residential buildings and low-traffic commercial applications. The Automatic Fire Suppression Systems market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during
Dust Suppression Systems Industry Analysis by 2025: QY Research
In the recently published report, QY Research has provided a unique insight into the global Dust Suppression Systems market for the forecasted period of 7-years (2018-2025). The report has covered the significant aspects that are contributing the growth of the global Dust Suppression Systems market. The primary objective of this report is to highlight the various key market dynamics such as drivers, trends, and restraints that are impacting the global
Excellent Growth of Enhanced Fire Detection and Suppression Systems Market
A new business intelligence report released by HTF MI with title “Global Enhanced Fire Detection and Suppression Systems Market Status and Outlook 2018-2025” that targets and provides comprehensive market analysis with future prospects to 2023. The analysts of the study have garnered extensive research methodologies and data sources (i.e Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends. If
Fire Suppression Market By Product, Application, Chemical, Region 2024
Global Fire Suppression Market will be valued USD 16 billion by 2024, as reported in the latest study by Global Market Insights, Inc. Stringent government regulations towards public safety along with growing consumer awareness will drive the fire suppression market size. Growing commercial floorspace along with introduction of safety codes and standards will stimulate the product penetration. As per American Chemistry Council, the fire codes set by NFPA and
Fire Suppression Market Research Report Analysis To 2021
Market Research analysts forecast the global fire suppression market to grow at a CAGR of 10.16% during the period 2017-2021. According to the report, the implementation of stringent fire safety regulations across developed regions like North America and Western Europe will contribute to market growth. Awareness initiatives by the federal governments across different regions will encourage fire prevention measures. Download Sample Report @ https://marketreportscenter.com/request-sample/507679 Further, the report states that fire suppression products necessitate