Africa Fire Safety Systems & Equipment Market to Post 10.2% CAGR to 2023, Expects 6Wresearch in Its Study Available at MarketPublishers.com24 Oct 2017 • by Natalie Aster
LONDON – Africa’s market for fire safety systems and equipment is poised to see substantial growth from 2017 to 2023. The resurgence in the economy is anticipated to drive the infrastructure development, specifically in the sectors like retailing, commercial, hospitality, chemical & petrochemical, among others. This, in turn, will likely raise the demand for fire safety systems and equipment on the continent.
The African fire safety systems and equipment market is forecast to gain traction in the years to come, posting a 10.2% CAGR through to 2023. The market growth is owing to the economic revival and stabilisation of the political situation across the countries of the continent. South Africa has the most stiff fire prevention and protection requirements as against other African nations, which makes it the leader in the regional market boasting a lion’s market share. Meantime, rules pertaining to fire safety are also followed by other countries such as Algeria, Morocco, Egypt, Tunisia, amid others.
Topical research report “Africa Fire Safety Systems and Equipment Market (2017-2023)” elaborated by 6Wresearch offers an insightful analysis of the market on a regional level, breaking down the sector by type, vertical, and country-wise.
The study presents detailed market revenues for the entire market and for each of the 8 countries, type and vertical for the period 2014-2016, alongside respective forecasts through to 2023. The research publication offers an exhaustive, unprejudiced analysis of the existing trends and developments, lucrative opportunities, high growth areas. It identifies the major market growth driving factors and hindrances. Furthermore, the report canvasses the overall competitive landscape and the market shares of the dominant players. Granular profiles of the leading 10 players are at hand in the report, too.
More market research reports by this publisher are available at 6Wresearch online page.