Fire Suppression Market to surpass USD 16 billion by 2024 - PowerPoint PPT Presentation

About This Presentation
Title:

Fire Suppression Market to surpass USD 16 billion by 2024

Description:

Get More Information @ Commercial sector is projected to witness rapid growth subject to rising investments toward the construction of offices, educational institutes and hospitality industry. – PowerPoint PPT presentation

Number of Views:50

less

Transcript and Presenter's Notes

Title: Fire Suppression Market to surpass USD 16 billion by 2024


1
Fire Suppression Market Global Industry
Analysis Report, Share, Growth, Price Trends and
Forecast, 2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
2
Key Insights from Fire Suppression Market
  • Growing commercial floorspace along with
    introduction of safety codes and standards will
    stimulate the product penetration.
  • As per American Chemistry Council, the fire codes
    set by NFPA and IFC states that all areas with
    upholstered furniture including healthcare
    facilities and educational institutes must have
    sprinkler system installed.
  • U.S. is projected to reach over annual
    installation of 150 million units by 2024.
  • Upsurge in construction industry along with
    technological advancement in the product design
    and development will embellish the U.S. fire
    suppression market share. Increasing demand for
    environment friendly, less toxic, automatic and
    new generation systems will propel the product
    growth.

3
Continued...
  • Germany fire suppression market is set to
    experience substantial growth on account of
    enhancement and improvisation of safety
    standards.
  • China fire suppression market is set to witness
    growth over 3 by 2024. Expansion of industrial
    and commercial sector along with growing measures
    to reduce the fire accidents will positively
    influence the business landscape.
  • Notable players in global fire suppression market
    include TYCO, United Technologies Corporation,
    Minimax, Lubrizol, Bristol Fire Engineering,
    Halma PLC, SFFECO, Firetronics, NAFFCO, Master
    Fire Preventions Ltd., National Fire Equipment
    Ltd. and Amerex Corporation.

4
U.S. Fire Suppression Market, By End-Use, 2016
2024 (Million Units)

5
Industry Coverage
6

Browse Full Market Research Report On Fire
Suppression Market _at_ http//bit.ly/2xYC0mq
Request for a Sample of this Research
Report _at_ https//www.gminsights.com/request-sample
/detail/2059 https//www.gminsights.com/
request-sample/detail/49
7
360 Analysis
  • Product Analysis
  • Increasing expenditure towards safety primarily
    across industrial and commercial establishments
    will drive the fire extinguisher market. Varying
    capacity, diverse chemicals and portability are
    some of the key parameters which will make its
    adoption preferable over the forecast timeframe.
  • Regional Analysis
  • China market is set to reach over 80 million
    units by 2024. Expansion of manufacturing
    industry coupled with increasing investments
    toward advanced building technologies will propel
    the business outlook.
  • UK market share is set to witness growth over 3
    by 2024. Stringent government policies and norms
    toward safety across industrial, commercial and
    residential sector along with adoption of smart
    building technologies will drive the business
    outlook.
  • Competitive Market Share
  • Eminent players in fire suppression market
    include Amerex Corporation, TYCO, National Fire
    Equipment Ltd., United Technologies Corporation,
    Master Fire Preventions Ltd., Minimax, NAFFCO,
    Lubrizol, Firetronics, Bristol Fire Engineering,
    SFFECO and Halma PLC.


8
Stay In Touch Website www.gminsights.com Soci
al Media
Write a Comment
User Comments (0)
About PowerShow.com