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Fire Protection Systems Market Service, System, Trends, Global Size and Industry Forecast 2025

04-21-2017 03:52 PM CET | Industry, Real Estate & Construction

Press release from: Progressive Markets

Fire Protection Systems

Fire Protection Systems

Fire protection systems are used for detecting and extinguishing fire. This system has become a necessity in residential, commercial, and various industries, such as oil & gas, energy & power, transportation, and manufacturing industries to help control damage and loss to equipment. Fire protection systems consist of fire or smoke sensors & detectors, fire extinguishers, fire sprinklers, fire analysis software, fire response systems, and others, which help in responding quickly and accurately to fire.

The global fire protection systems market is expected to grow at a CAGR of 10.5% from 2017 to 2025.

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Market Dynamics:
Drivers:
• Increasing policies, regulations, and government mandates
• Increased fire-related expenditure of various enterprises as a consequence of which, a rise in death rate & loss of property
• Technological advancements and innovations in equipment and networking
Restraints:
• High installation and maintenance costs of fire protection systems
• The lack of integrity in system interfaces
Market Players:
The top players in the global solar energy market include Bosch Security Systems, Gentex Corporation, Honeywell International Inc., Halma PLC, Hochiki Corporation, Johnson Controls, Inc., London Security PLC, Tyco International Limited, United Technologies Corporation, and VT MAK.

MARKET LANDSCAPE
By Technology
• Active Fire Protection Systems
• Passive Fire Protection Systems

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By Product
• Fire Detection Systems
o Sensors & Detectors
 Flame Detectors
 Single Infrared (IR)
 Single Ultraviolet (VU)
 Dual VU/IR
 Triple IR (IR3)
 Multi IR
 Smoke Detectors
 Other Detectors
o Radio-Frequency Identification (RFID) Systems
• Fire Management Systems
o Fire Sprinklers
 Wet Fire Sprinklers
 Dry Fire Sprinklers
 Pre-action Fire Sprinklers
 Deluge Fire Sprinklers
 Others
o Fire Extinguishers
 Water Extinguishers
 Foam Extinguishers
 Dry Chemical Extinguishers
 Carbon Dioxide Extinguishers
 Other Extinguishers
o Others

The global fire protection systems market is segmented based on technology, products, services, application, and geography. Based on technology, the market is divided into active and passive fire protection systems. On the basis of products, the market is categorized into fire detection systems, fire management systems, fire analysis software, fire response systems, and others.
By service, it is classified into engineering services, installation & design services, maintenance services, managed services, and other services. By application, the market is bifurcated into residential, commercial, energy & power, government, manufacturing, oil, gas, & mining, transportation & logistics, and others. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

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About us:
Progressive Markets is the answer to every possible business query. It is a market research and business consulting firm, headquartered in U.S. that aims to deliver conversant executive support to foster overall growth of an organization in its domain.
The company was found with an initiative to bridge the gap between enterprises and global opportunities. It is driven by the sole motive to build an effective channel to communicate up-to-date qualitative and quantitative market intelligence with all-scale participants.

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