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.

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Further, the report states that fire suppression products necessitate continuous training and awareness programs, which poses a challenge for various industries. On a global level, about 90% of all fire-related incidents can be controlled if the correct fire suppression system is deployed in the process. Fire suppression products require training on their use in various classes of fires. Depending on the source of the fire, a particular type of extinguishers must be used. Therefore, it is important to know the different types of fire to deploy fire suppression products adequately.

About Fire Suppression

The global fire suppression market is witnessing a positive growth due to the increase in demand from residential and non-residential end-users. Fire suppression products can be segmented into fire extinguishers and fire sprinklers. The market is witnessing demand due to several factors like stringent safety regulations that are deployed by governments across regions such as EMEA, APAC, and the Americas. There are several factors concerning fire disasters witnessed throughout countries, which drive the implementation of certain fire safety measures.

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Covered in this report

The report covers the present scenario and the growth prospects of the global fire suppression market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of fire suppression products.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Global Fire Suppression Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Amerex
BRK
Tyco Fire Protection Products
Minimax

Other prominent vendors
NAF
Buckeye Fire Equipment
Britannia Fire
Cosco Fire Protection
Douze It
Fire Fighter Industry
Globe Fire Sprinkler
Hochiki
Kidde
NAFFCO
Reliable Fire Sprinklers
Safex Fire
Strike First
United Technologies

Market driver
Rise in commercial real estate investments
For a full, detailed list, view our report

Market challenge
Need for training and awareness programs
For a full, detailed list, view our report

Market trend
Emergence of eco-friendly products
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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