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Restaurant Fire Suppression Systems Accounted For USD 1.76 Billion In 2016 And Is Projected To Grow At A CAGR Of 5.7% During The Forecast Period Of 2018 To 2024.

02-19-2018 05:00 PM CET | Industry, Real Estate & Construction

Press release from: Data Bridge Market Research

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industrial cooking fire protection systems

industrial cooking fire protection systems

Definition

Cooking fire protection systems or detector are being used commercial kitchens in order to prevent from fire in respect of saving the life as well as property. Few of the commercial cooking utensils are ovens, deep fat fryers, industrial cookers and many more. These types of utensils used hydrocarbon and release a heat or energy while burning.

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Market Analysis:

The Global Industrial Cooking Fire Protection Systems Market for Food
Manufacturing Market accounted for USD 1.76 billion in 2016 and is projected to grow at a CAGR of 5.7% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Global Industrial Cooking Fire Protection Systems Market for Food Manufacturing Market By Product (Fire Detection Systems, Fire Management Systems), Services (Engineering, Managed, Maintenance, Installation & Design), Geography (North America, Europe, Asia-Pacific, Europe, South America, Middle East and Africa) – Industry Trends and Forecast to 2024

Top Market Drivers:

• Emerging need in regards of fire protection
• Modernization and technological advancement of commercial kitchen
• Strict government regulation and continuous R&D activities for improvement

Major Market Competitors

Top Players
• Halma plc,
• Tyco International PLC¸
• Johnson Controls,
• Honeywell International Inc.,
• Siemens AG,
• APi GROUP COMPANIES,
• Ansul Incorporated,
• Emerson Electric Co.,
• UNITED TECHNOLOGIES,
• NAFFCO,
• Minimax GmbH & Company Kg,
• HOCHIKI CORPORATION,
• Gentex Corporation,
• NITIE
• Robert Bosch GmbH

Market Potential

• As technology penetrates in businesses for efficient operations, installation of automatic fire protection system is the most reliable solution against fire hazards in commercial food processing units. Automatic fire protection system are advantageous over traditional water-based fire suppression systems that actually exacerbate the ill effects of an accident. This is because wet sprinkler systems that are commonly used supplies water that extinguishes flames, however, causes extreme damage to equipment.

• Honeywell has introduced Fire Alarm Aspirating Sensing Technology (FAAST) – the company’s next generation fire sensing system to offset fire hazards at industrial food processing facilities. The development in aspiration smoke detection technology is enhancing the safety of these processing units, whilst limiting incidence of false fire alarm.

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Market Segmentation

• On the basis of product, global industrial cooking fire protection systems market for food manufacturing market is segmented into fire detection systems and fire management systems. Fire detection systems are sub segmented into flame detectors, smoke detectors and heat detectors. Fire management systems are sub segmented into fire extinguishing systems and fire sprinkler systems. Fire extinguishing systems are further sub segmented into CO2, water spray and water mist. Fire sprinkler systems are further sub segmented into dry pipe, wet pipe, deluge and pre-action.

• On the basis of services, global industrial cooking fire protection systems market for food manufacturing market is segmented into engineering, managed, maintenance, installation and design.

• On the basis of geography, the global industrial cooking fire protection systems market for food manufacturing market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East and Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

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