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Fire Protection Systems Market Statistical Analysis and Forecast, 2020–2027 | by Product, Type & Growth Strategies

03-18-2021 12:11 PM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Fire Protection Systems Market

Fire Protection Systems Market

Fire protection system is a certified product, developed according to the standards specified by the government authorities and regulatory bodies to control fire outbreaks. This system is equipped with flame detectors and smoke control devices that aid during fire emergency. Alarm valves and sprinkler systems are some of the widely used fire protection systems. These systems have been invented to detect and respond to fire, smoke, or flame.

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Introduction of fire protection systems has helped in responding quickly and accurately to fire, as compared to the traditional heat or smoke devices used in the past. Furthermore, fire sensors and detectors when installed in commercial buildings serve as ideal and affordable safety measure.

The global fire protection systems market size was valued at $96,500.0 million in 2019, and is projected to reach $1, 31,274.5 million by 2027, registering a CAGR of 5.2% from 2020 to 2027.

Key Players

Gentex Corporation
Halma Plc.
Hochiki Corporation
Honeywell International Inc.
Johnson Controls International Plc.
Minimax Viking GmbH
Robert Bosch GmbH
Securiton AG
Siemens AG
Raytheon Technologies

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Key Benefits For Stakeholders

The report provides an extensive analysis of the current and emerging fire protection systems market trends and dynamics.

In-depth fire protection systems market analysis is conducted by constructing estimations for the key segments between 2019 and 2027.

Extensive analysis of the market is conducted by following key product positioning and monitoring of the top competitors within the market framework.

A comprehensive analysis of all the regions is provided to determine the prevailing opportunities.

The global fire protection systems market forecast analysis from 2020 to 2027 is included in the report.

The key players operating in the fire protection systems market are profiled in this report, and their strategies are analyzed thoroughly, which help understand the competitive outlook of the fire protection systems industry.

Market Segments

By Product Type

Fire Detection
Fire Response
Fire Suppression
Fire Analysis

By Type

Active Fire Protection Systems
Passive Fire Protection Systems

By End-User

Commercial
Industrial
Governmental
Institutional
Others

By Region

North America
Europe
Asia-Pacific
LAMEA

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Contact:
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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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