Press release
Fire Detection Equipment Market Global Industry Growth Analysis, Trends And Future Insights Till 2025
The Business Research Company
The global fire detection equipment market is expected to grow from $39.12 billion in 2020 to $41.87 billion in 2021 at a compound annual growth rate (CAGR) of 7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $59.75 billion in 2025 at a CAGR of 9%.
The Business Research Company offers "Fire Detection Equipment Global Market Report 2021" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth and highlights important trends and strategies that players in the market can adopt.
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The fire detection equipment market consists of sales of fire detection equipment used to warn people when the presence of fire is detected. Fire detection equipment reduces the damage caused by fire by generating warning signals (including audio or visual signals) in case of fire. Detection of fire is done by detecting the smoke, heat or flames. However, this equipment does not intervene in the fire suppression.
Some of the key players involved in the fire detection equipment market are Bosch Security Systems, Tyco International Limited, Spectrex, Inc., Johnson Controls, General Monitors, Inc., Fire Suppression Limited, Schrack Seconet AG, Napco security technologies, VFP Fire Systems.
The countries covered in the global fire detection equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global fire detection equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Fire Detection Equipment Market Segmentation:
1) By Product Type: Flame Detectors, Smoke Detectors, Heat Detectors
2) By End-User: Commercial, Industrial, Residential, Transport, Others
3) By End-Use Industry: Banking, Financial Services and Insurance (BFSI), Hospitality & Travel, Healthcare, Transportation & Logistics, Manufacturing, Retail, Mining, Oil and Gas, Others
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A Few Points From The Table Of Content
1. Executive Summary
2. Fire Detection Equipment Market Characteristics
3. Fire Detection Equipment Market Size And Growth
4. Fire Detection Equipment Market Segmentation
5. Fire Detection Equipment Market Regional And Country Analysis
……
27. Fire Detection Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fire Detection Equipment Market
29. Fire Detection Equipment Market Future Outlook and Potential Analysis
30. Appendix
The report covers the trends and market dynamics of the fire detection equipment market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.
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About The Business Research Company:
The Business Research Company is a market research and intelligence firm that excels in company, market, and consumer research. It has over 200 research professionals at its offices in India, the UK and the US, as well a network of trained researchers globally. It has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services and technology. TBRC excels in company, market, and consumer research.
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