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Global Fire Protection Systems Market Trends 2021 | Segmentation, Outlook, Industry Report to 2027

08-17-2021 01:20 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Orion Market Research

The global fire protection systems market is expected to grow at a CAGR of 7% over the forecast period. Rapid integration of traditional fire suppression systems with IP technology is certainly boosting the fire protection systems market across the globe as the integration of the devices with IP further enhances the efficiency, accuracy, and accessibility of the systems. In addition, integration of IP technology with traditional fire detection and response systems allows rapid and real-time communication between both ends. Integration of the various ICT devices such as mobile phones, computers and many more with these systems have gained significant traction across the globe. Many organizations such as educational facilities and healthcare facilities have adopted bring your own device (BYOD) trend which is further supporting the growth of the global fire suppression systems market.

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On-premise fire analysis software solutions allow an organization to alert personnel quickly, effectively and securely via IP-connected personal devices such as computers, telephones, and cell phones. Also, emergency fire analysis software solutions can be integrated with mass-notification devices such as Giant Voice, private branch exchange, fire alarms, physical security sensors, and other traditional alerting systems, with an on-premise system. In the on-premise model, the IT department of the organization manages the hardware, backing up the database, and upgrading applications as part of the organizational data management strategy.

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Many companies strive to maintain their footprints in this competitive industry by providing varieties of fire suppression systems. Many key players such as Eaton Corp., Siemens AG, Alertus Technologies, Johnson Controls, and many others have invested a bulk of money on R&D of these systems. Eaton’s SAFEPATH mass notification system integrates with a facility’s addressable fire alarm system for a complete in-building mass notification system solution that performs both fire alarm and emergency communications functions.

ALERiTY is Eaton’s integrated Systems-of-Systems which allows facility managers and emergency response personnel to focus on the emergency at hand without being slowed down, trying to activate multiple systems. Siemen’s Design mass notification solution provides the integration of building systems and emergency notifications that further aids in the expansion of the global fire protection systems market across the globe.

Global Fire Protection Systems Market Segmentation

By System Type
• Active
• Passive

By Product Type
• Fire Detection
• Fire Suppression
• Fire Response
• Others

By End-Use
• Residential
• Commercial
• Industrial

Global Fire Protection Systems Market – Segment by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East and Africa

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Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

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