Press release
Fire Protection Equipment Market to See Massive Growth with Halma, Honeywell, GENTEX
Fire Protection Equipment Market
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Summary
About Fire Protection Equipment
Fire protection equipment is a tool or equipment useful in extinguishing fires and preventing the spread of fires. It can be utilized by professional firefighters and untrained users on the site of a fire, or it can be integrated into the infrastructure of a building. A fire extinguisher is a device used to put out a small fire by directing onto it a substance that cools the burning fire, deprives the flame of oxygen, or interferes with the chemical reactions occurring in the fire flame. The reconstruction activities, as well as the implementation of building safety codes against fire protection, will further positively impact market growth.
Attributes Details
Study Period 2017-2027
Base Year 2021
Unit Value (USD Million)
The players are provides safety benefits to the consumers. So the players are focusing on the expansion of production of fire protection equipment and technological advancements in fire equipment to increase safety. These will enhance their market presence. Market conditions and best practices are constantly evolving in the fire protection industry. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Honeywell International, Inc. (United States), Johnson Controls (Ireland), Raytheon Technologies Corporation (United States), GENTEX CORPORATION (United States), Robert Bosch GmbH (Germany), Halma plc. (United Kingdom), Ceasefire Industries Pvt. Ltd (India), Safex Fire Services Ltd (India), Reliance Fire and Safety Limited (India) and UTC Fire & Security India Ltd (India) are some of the key players that are part of study coverage.
Segmentation Overview
HTF MI Research has segmented the market of Global Fire Protection Equipment market by Type (Fire Extinguishers, Fire Blankets, Fire Hose Reels and Others), Application (Industrial, Commercial and Residential) and Region.
On the basis of geography, the market of Fire Protection Equipment has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 1st March 2022, National Fire & Safety, leading end-to-end fire protection and life safety solution platform announced the acquisition of Absolute Fire Protection, a leading fire and life safety service provider. This acquisition leads to the addition of the absolute NFS platform will supplement RCI'S recurring service, maintenance, and retrofit business and also expand the National Fire & Safety's existing services capabilities in Arizona and further strengthen the platform's expand nationally.
On 10th May 2022, Belgian anticorrosion coating company, announced the launch of its epoxy passive fire protection system which can prevent corrosion and provide fire resistance in one coat. Humidur Char is two component solvent free, 100% solids and polyamine cured epoxy PFP system for the oil gas, and chemical industries. Humidur Char can be applied in one layer on minimum preparation standards, without primer or mesh, on structural steel. This coating enables the improvement of cost management but also reduces man-hours by up to 50% along with reduced asset downtime, and machinery and equipment costs.
Market Drivers
The Increasing Fire Safety Awareness
Strict Regulatory Standards & Government Efforts, and Increased Rate of Fire Safety System Deployment in Various Industries
Opportunities
The Surge in Demand for Advanced Fire Safety Systems for Mining Industries, Automotive, Oil & Gas Exploration, Construction, and Energy & Power Industries
Restraints
High costs of Installation and Maintenance
Challenges
Unavailability of Access for Fire Officers and Poor Roads
Key Target Audience
Fire Protection Equipment Manufacturers, Fire Protection Equipment Suppliers & Distributors, New Entrants/Investors, Analysts and Strategic Business Planners, Government Bodies, End-Users and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. HTF MI Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand company's positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.
Frequently Asked Questions (FAQ):
What all players are profiled in the study?
The standard version of the report profiles players such as Honeywell International, Inc. (United States), Johnson Controls (Ireland), Raytheon Technologies Corporation (United States), GENTEX CORPORATION (United States), Robert Bosch GmbH (Germany), Halma plc. (United Kingdom), Ceasefire Industries Pvt. Ltd (India), Safex Fire Services Ltd (India), Reliance Fire and Safety Limited (India) and UTC Fire & Security India Ltd (India) etc.
Can we have customized study for Fire Protection Equipment Market?
The Study can be customized subject to feasibility and data availability. Please connect with our sales representative for further information.
What trending factors would impact Fire Protection Equipment Market growth most?
"Introduction of New Systems in Fire Protection IoT in Fire Safety Systems, IoT Enabled Connected Detectors" is seen as one of major influencing trends for Fire Protection Equipment Market during projected period 2021-2027.
Why are some of the most well-known companies left out of the Fire Protection Equipment Market report?
The Fire Protection Equipment market study includes a random mix of players, including both market leaders and some top growing emerging players. Connect with our sales executive to get a complete company list in our research coverage.
View Detailed Table of Content @ https://www.htfmarketreport.com/reports/4161264-global-fire-protection-equipment-market-7
Strategic Points Covered in Table of Content of Global Fire Protection Equipment Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027 Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Global Fire Protection Equipment Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2027market. (Introduction, Scope of the Report)Chapter 2: Exclusive Summary - the bas
....Continued
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About Author:
HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the "Accurate Forecast" in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their "Goals & Objectives".
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