Global Fire Protection Systems Market Outlook 2017-2026, With an Expected CAGR of 11.5% - ResearchAndMarkets.com

June 14, 2018

DUBLIN--(BUSINESS WIRE)--Jun 14, 2018--The “Fire Protection Systems - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering. According to the publisher, the Global Fire Protection Systems Market is accounted for $59.28 billion in 2017 and is expected to reach $158.36 billion by 2026 growing at a CAGR of 11.5% during the forecast period. Strict regulatory norms used for fire protection systems, rising rate of accidents and growing technological growth in the equipment are some factors driving the market growth. However, huge implementation and maintenance prices of fire protection systems, Fire protection system failures, lack of integrity in system interfaces and integration of user interfaces among fire protection solutions are hampering the growth of the market. Development in HMI/Scada solutions, training leadership towards educate employees regarding safety at workplace and constant innovation in wireless sensor networks provides ample opportunities to the market. Fire protection systems obtain authorized products, developed according towards the standards specified through the government authorities and regulatory bodies near curb fire outbreaks. These products are meant for detecting and extinguishing fire. Such systems consist of flame detectors and smoke control devices along with other equipment to aid fire emergency. Alarm valves and sprinkler systems are a few generally used fire protection systems. By types, passive fire protection systems work on the basis of increasing building structure and helping in leveraging the productivity by decreasing the damages involved in fire accidents. One of the essential characteristics of the passive fire protection system is a cluster of codes and regulations to be followed. Passive fire protection comprises any fire safety measure that does not vigorously react towards the occurrence of flame, high temperature or smoke and contain aspects such as fire-resistant walls and doors, design of evacuation routes, passive signage, passive smoke venting and so on. Companies Mentioned

Johnson controls Honeywell International Inc. Robert Bosch GmbH Halma plc VT MK Tyco International plc Siemens AG Gentex Corporation United Technologies Minimax Viking GmbH Hochiki Corporation Kevta Fire Systems Inc. Trelleborg AB Orcus Fire & Risk Inc. Gielle SRL London Security PLC Sterling Safety Systems Firefly AB EMS Security Group Ltd Electro Detectors Napco Security Technologies, Inc

Key Topics Covered: 1 Executive Summary 2 Preface 3 Market Trend Analysis 4 Porters Five Force Analysis 5 Global Fire Protection Systems Market, By Product 6 Global Fire Protection Systems Market, By Types 7 Global Fire Protection Systems Market, By Technology 8 Global Fire Protection Systems Market, By Service 9 Global Fire Protection Systems Market, By Vertical 10 Global Fire Protection Systems Market, By Geography 11 Key Developments 12 Company Profiling For more information about this report visit https://www.researchandmarkets.com/research/wq7jqn/global_fire?w=4

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Related Topics:Fire Protection Materials and Devices



SOURCE: Research and Markets

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PUB: 06/14/2018 06:59 AM/DISC: 06/14/2018 06:59 AM


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