Fire Protection Systems Market by Technology & Products

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MarketsandMarkets Presents
Fire Protection Systems (FPS) Market (Technology
Products) worth 79.18 Billion by 2020

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re-protection-systems-market-1018.html
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According to a new market research report Fire
Protection Systems Market by Technology (Active
Passive), Products (Fire Detectors, Sprinklers,
Extinguishers, Alarms), Services, Verticals (Oil,
Gas and Mining, Manufacturing), and Geography -
Analysis and Forecast to 2013 - 2020, the total
market is expected to reach 79.18 Billion by
2020, at a CAGR of 11.53 . http//www.marketsan
dmarkets.com/Market-Reports/fire-protection-system
s-market-1018.html Browse 88 Market Data
Tables 77 Figures 169 pagesEarly buyers will
receive 10 customization on this report.
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re-protection-systems-market-1018.html
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Emerging passive fire protection technologies
have been foreshowing the growth of FPS market
with the higher safety regulations being
implemented by the government in the different
regions across the globe especially in the
European countries followed by the growth in the
Asia-pacific countries. The active FPS is already
being implemented rigorously in all the sectors
including manufacturing, oil, gas and mining and
others majorly supported by the fire detectors,
sprinklers and extinguishers.  The fire analysis
products of FPS are growing highly with the
higher usage and benefits from the fire mapping
and simulation software for analyzing the fire
protection systems being used in various
verticals. The global FPS market is certainly a
fragmented one with local players being
dominating the market, for FPS process has found
use in these major fields consumer goods and
retail energy and power government healthcare
manufacturing oil gas and mining
transportation and logistics and others. The
manufacturing field offers a huge potential for
fire protection systems market to grow,
especially due to advanced suitable features
offered by FPS technologies in different
manufacturing facilities.  Oil, Gas and Mining is
the primary field responsible for commercial
birth of fire protection systems in a large
scale, while consumer goods and retail field is
still an emerging market offering lots of space
for FPS technologies to penetrate.
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re-protection-systems-market-1018.html
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The report segments the Fire protection systems
(FPS) market on the basis of types of different
technologies, products, services, verticals, and
geographies. Further, it contains revenue
forecasting, and analyses trends in the market.
The geographical analysis contains the in-depth
classification for North America, Europe, and
APAC which contains the major countries covering
the market. Further, Middle-East and Africa have
been classified under ROW. Each of these
geographies has been further split by the major
countries existing in this market. The sections
and sub-segments in the report would contain
drivers, restraints, opportunities, current
market trends, and the technology expected to
revolutionize the fire protection system (FPS)
domain. The fire protection systems (FPS) market
revenue market is expected to grow from 33.58
billion in 2013 to 79.18 billion in 2020 at a
CAGR of 11.53. The global fire protection
systems market exhibits a lucrative growth
potential for the next six years. The growth of
the market is propelled by the government
mandates and political support, increased fire
protection expenditure from the enterprise
segment, and technological innovations in
equipment and networking. The lack of integrity
in system interfaces and higher initial
investments for the fire protection systems
installation are restraining the growth of fire
protection systems globally.
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re-protection-systems-market-1018.html
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Innovations in the wireless sensor networks,
increasing rules and mandatory standards, and
improved HMI solutions are the huge opportunities
for the higher growth of the FPS market. Advanced
solutions for fire protection by government is
the challenge that is to be faced for the FPS in
the market. Some of the major players in this
market include Gentex Corporation (U.S.), Halma
PLC (U.K.), Hochiki Corporation (Japan),
Honeywell International Inc. (U.S.), Johnson
Controls (U.S.), Robert Bosch GmbH (Germany),
Siemens AG (Germany), Tyco (Switzerland), United
Technologies Corporation (U.S.), VT MAK (U.S.).
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re-protection-systems-market-1018.html
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