Fire Protection System Market PPT - PowerPoint PPT Presentation

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Fire Protection System Market PPT


The global fire protection systems market is expected to grow at approximately USD 95 Billion by 2023, at 8% of CAGR between 2017 and 2023 – PowerPoint PPT presentation

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Title: Fire Protection System Market PPT

Fire Protection
System Market
  • Global Opportunity Analysis and Industry
    Forecast, 2018-2023

Fire Protection System Market Overview
  • Fire protection systems are integral to overcome
    safety challenges occurred due to fire that
    struck without warning in the most unlikely of
    places, presenting a significant threat to the
    livelihood. Even a small blaze in a piece of
    equipment or machinery can severely impact
    operations in a building. Installation of fire
    protection systems helps ensure consistency in
    inspections and continuity in a comprehensive
    fire prevention program.
  • Deploying fire protection systems designed with
    the reconfiguration can help fireproof
    warehouses. These fire systems not only respond
    to an emergency but also mitigate the risk,
    preventing the fire event from occurring. This
    makes economic sense for organizations of any
    size as they mitigate the loss of housing stock
    and business revenue, but it also prevents injury
    and the psychological trauma that go along with
    the fire experience for the people.

  • Having a fire protection system increases the
    chance of surviving a fire by more than 80
    percent. Hence, these systems are widely deployed
    in the commercial settings as well as in homes.
    The increasing integration into smart homes is
    the key trend observed in consumers during the
    analysis. The huge uptake of these systems is the
    key driving force escalating the market on the
    global platform.
  • Market Research Future (MRFR), in its recently
    published study report, asserts that the global
    market of fire protection systems is forecasted
    to perceive the valuation of USD 95 Bn. by 2023
    registering a CAGR of 8 during the forecast
    period (2017 2023). Technological advancements
    in the field of automation including smart and
    connected devices and the growing penetration of
    Internet of Things (IoT) are fostering the market
  • Over the last decade, budgets approved for the
    infrastructure development across the regions
    around the globe have increased significantly.
    The residential sector is too moving ahead
    vigorously, witnessing a huge uptake.
  • Read More at https//

Market Segmentation
  • By Type Active Fire Protection Systems and
    Passive Fire Protection Systems.
  • By Product Fire Detection (RFID Systems, Sensors
    Detectors, and others.), Fire Suppression (Fire
    Extinguishers, Foam Extinguisher, and others.),
    Fire Sprinklers (Wet-Pipe Fire Sprinklers,
    Dry-Pipe Fire Sprinklers, and others.), Fire
    Analysis (Fire Mapping Analysis Software, Fire
    Modelling Simulation Software and others.),
    Fire Response (Response Communication Systems,
    Emergency Lighting Systems, and others.)
  • By Services Engineering Services, Managed
    Services, Maintenance Services, Installation
    Design, and others.
  • By Verticals Commercial, Residential, Energy
    Power, Manufacturing, Transportation Logistics,
    Oil Gas, and Government among others.
  • By Regions North America, Europe, APAC and the
  • Get the sample copy _at_ https//www.marketresearchfu

Target Audience
Key Market Players
Regional Analysis
  • North America region leads the global fire
    protection systems market and is expected to
    witness a fabulous market growth during the
    review period.  Technological advancement and
    increased adoption of automation across the
    residential and industrial construction projects
    are some of the key driving forces behind the
    market growth. The growth is predominantly driven
    by the augmented demand availability of quality
    automated system in the region.
  • Europe is another lucrative market for fire
    protection systems drawing a substantial market
    share. The market is poised to witness huge
    growth over the review period. The increasing
    smart homes and automation project are fostering
    the market growth in the region. Simultaneously,
    the proliferation of smart and connected devices
    along with the penetration of Internet is
    substantiating the market growth. Simultaneously,
    the regulatory mandates introduced in the region
    coupled with the presence of large untapped
    consumer base are providing impetus to the market

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