Global Fire Protection Systems Market Overview

Portland, OR -- (SBWire) -- 08/01/2017 --Fire protection systems are used for detecting and extinguishing fire. This system has become a necessity in residential, commercial, and various industries, such as oil & gas, energy & power, transportation, and manufacturing industries to help control damage and loss to equipment. Fire protection systems consist of fire or smoke sensors & detectors, fire extinguishers, fire sprinklers, fire analysis software, fire response systems, and others, which help in responding quickly and accurately to fire. The global fire protection systems market is expected to grow at a CAGR of 10.5% from 2017 to 2025.

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The global fire protection systems market is segmented based on technology, products, services, application, and geography. Based on technology, the market is divided into active and passive fire protection systems. On the basis of products, the market is categorized into fire detection systems, fire management systems, fire analysis software, fire response systems, and others. By service, it is classified into engineering services, installation & design services, maintenance services, managed services, and other services. By application, the market is bifurcated into residential, commercial, energy & power, government, manufacturing, oil, gas, & mining, transportation & logistics, and others. Geographic breakdown and deep analysis of each of the aforesaid segments have resulted in the following regions: North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:
Drivers:
- Increasing policies, regulations, and government mandates
- Increased fire-related expenditure of various enterprises as a consequence of which, a rise in death rate & loss of property
- Technological advancements and innovations in equipment and networking

Restraints:
- High installation and maintenance costs of fire protection systems
- The lack of integrity in system interfaces

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Market Players:
The top players in the global solar energy market include Bosch Security Systems, Gentex Corporation, Honeywell International Inc., Halma PLC, Hochiki Corporation, Johnson Controls, Inc., London Security PLC, Tyco International Limited, United Technologies Corporation, and VT MAK.

By Application
- Residential
- Commercial
- Academia & Institutional
- Retail
- Healthcare
- Hospitality
- Banking, Financial Services, & Insurance (BFSI)
- Energy & Power
- Government
- Manufacturing
- Oil, Gas, & Mining
- Transportation & Logistics
- Others

Key Point from Table of Content

1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend analysis
1.3. Competitive Landscape and recent industry development analysis

2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology

3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
3.2.1. Impact Analysis
3.3. Porter's Analysis
3.3.1. Bargaining power of buyers
3.3.2. Bargaining power of suppliers
3.3.3. Threat of substitutes
3.3.4. Industry rivalry
3.3.5. Threat of new entrants
3.4. Global Fire Protection Systems Market Shares Analysis, 2014-2025
3.4.1. Global fire protection systems market share by technology, 2014-2025

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MARKET LANDSCAPE

By Technology
- Active Fire Protection Systems
- Passive Fire Protection Systems

By Product
- Fire Detection Systems
- Sensors & Detectors

Flame Detectors
Single Infrared (IR)
Single Ultraviolet (VU)
Dual VU/IR
Triple IR (IR3)
Multi IR

Smoke Detectors
Other Detectors

- Radio-Frequency Identification (RFID) Systems

- Fire Management Systems

Fire Sprinklers
Wet Fire Sprinklers
Dry Fire Sprinklers
Pre-action Fire Sprinklers
Deluge Fire Sprinklers
Others

Fire Extinguishers
Water Extinguishers
Foam Extinguishers
Dry Chemical Extinguishers
Carbon Dioxide Extinguishers
Other Extinguishers

Fire Analysis Software
Fire Mapping & Analysis Software
Fire Modeling & Simulation Software

Fire Response Systems
Emergency Lighting Systems
Voice Evacuation & Public Alert Systems
Secure Communication Systems
Fire Alarm Devices
Others

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By Services
- Engineering Services
- Installation & Design Services
- Maintenance Services
- Managed Services
- Other Services

By Geography
- North America
- Europe
- Asia-Pacific
- LAMEA