Fire Protection Systems Market by Technology (Active, Passive), Product (Fire Detection (Sensors & Detectors, RFID), Fire Suppression (Fire Sprinklers, Fire Extinguishers), Fire Analysis, Fire Response), Service, Vertical - Global Forecast to 2022
“Rise in technological advancements and innovations in equipment and networking, along with improvement and enhancement of various codes and standards, are fostering the growth of the fire protection systems market”
The fire protection systems market is expected to be worth USD 93.46 billion by 2022, growing at a CAGR of 9.7% between 2017 and 2022. The current marketplace is expected to be driven by increased fire-related expenditure of various enterprises, along with the rising trend of automation in commercial buildings and smart homes. In addition, improvement in the existing government regulations and mandates regarding fire protection systems are driving this market. Factors restraining the growth of the FPS market include the high implementation and maintenance costs of fire protection systems, and lack of integrity in system interfaces.
“Robust demand for fire suppression systems during the forecast period”
Several types of products for sensing, detecting, and suppressing the fire are available in the market, including wet-pipe sprinkler systems, dry-pipe sprinkler systems, pre-action sprinkler systems, and deluge sprinkler systems. The suppression systems also include various extinguishers such as CO2, dry chemical, wet chemical, and water-based chemicals. The robust growth in infrastructure, utilities, and facilities is bringing in the need for a higher adoption of suppression systems across the globe.
“North America and Europe are the major markets for fire protection systems”
North America held the largest share of the fire protection systems market in 2016. Europe is one of the potential markets for fire protection systems globally. The market in Europe is expected to grow at the highest CAGR during the forecast period. The fire protection and safety regulations in this region are highly mandated. Therefore, most of the building structures are fixed with fire protection systems. The high growth of fire protection systems in Europe can be attributed to the stringent government mandate on installation of smoke detectors or smoke alarms in homes of European countries such as the UK, France, and Germany.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key experts. The breakup of the profile of primary participants is given below:
Research Coverage:
The report provides a picture of the fire protection systems market. It aims at estimating the market size and future growth potential of this market across different segments such as product, service, vertical and geography. Furthermore, the report also includes the industry trends, market dynamics, regulation analysis, and competitive analysis of the key players in the market, along with their company profiles, vendor DIVE matrix, and recent developments.
Key Benefits of Buying the Report:
The report would help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall fire protection systems and the subsegments. This report would help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
The fire protection systems market is expected to be worth USD 93.46 billion by 2022, growing at a CAGR of 9.7% between 2017 and 2022. The current marketplace is expected to be driven by increased fire-related expenditure of various enterprises, along with the rising trend of automation in commercial buildings and smart homes. In addition, improvement in the existing government regulations and mandates regarding fire protection systems are driving this market. Factors restraining the growth of the FPS market include the high implementation and maintenance costs of fire protection systems, and lack of integrity in system interfaces.
“Robust demand for fire suppression systems during the forecast period”
Several types of products for sensing, detecting, and suppressing the fire are available in the market, including wet-pipe sprinkler systems, dry-pipe sprinkler systems, pre-action sprinkler systems, and deluge sprinkler systems. The suppression systems also include various extinguishers such as CO2, dry chemical, wet chemical, and water-based chemicals. The robust growth in infrastructure, utilities, and facilities is bringing in the need for a higher adoption of suppression systems across the globe.
“North America and Europe are the major markets for fire protection systems”
North America held the largest share of the fire protection systems market in 2016. Europe is one of the potential markets for fire protection systems globally. The market in Europe is expected to grow at the highest CAGR during the forecast period. The fire protection and safety regulations in this region are highly mandated. Therefore, most of the building structures are fixed with fire protection systems. The high growth of fire protection systems in Europe can be attributed to the stringent government mandate on installation of smoke detectors or smoke alarms in homes of European countries such as the UK, France, and Germany.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key experts. The breakup of the profile of primary participants is given below:
- By Company Type: Tier 1—42%, Tier 2—37%, and Tier 3—21%
- By Designation: C-Level Executives—30%, Directors—33%, and Others—37%
- By Region: North America—45%, Europe—26%, APAC—15%, and RoW—14%
Research Coverage:
The report provides a picture of the fire protection systems market. It aims at estimating the market size and future growth potential of this market across different segments such as product, service, vertical and geography. Furthermore, the report also includes the industry trends, market dynamics, regulation analysis, and competitive analysis of the key players in the market, along with their company profiles, vendor DIVE matrix, and recent developments.
Key Benefits of Buying the Report:
The report would help the market leaders/new entrants in this market by providing them the closest approximations of the revenue numbers for the overall fire protection systems and the subsegments. This report would help stakeholders to better understand the competitor landscape and gain more insights to better position their businesses and make suitable go-to-market strategies. The report also helps the stakeholders to understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
1 INTRODUCTION
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Experts involved in primary interviews
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET SHARE ESTIMATION
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR THE GROWTH OF THE FPS MARKET
4.2 FPS MARKET, BY PRODUCT AND SERVICE
4.3 FPS MARKET, BY PRODUCT
4.4 FPS MARKET, BY SERVICE
4.5 NORTH AMERICA HELD A MAJOR SHARE OF THE OVERALL FPS MARKET IN 2016
4.6 FPS MARKET, BY VERTICAL
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1.1 Stringent regulatory norms for fire protection systems
5.2.1.2 Increased fire-related expenditure of various enterprises, and rise in deaths and loss of property
5.2.1.3 Rise in technological advancements and innovations in equipment and networking
5.2.1.4 Increasing trend of automation in commercial buildings and smart homes along with the evolution of iot
5.2.2 RESTRAINTS
5.2.2.1 High implementation and maintenance costs of fire protection systems
5.2.2.2 Lack of integrity in system interfaces
5.2.3 OPPORTUNITIES
5.2.3.1 Improvement in hmi/scada solutions
5.2.3.2 Amendments in rules and mandatory standards
5.2.3.3 Continuous innovations in wireless sensor networks
5.2.4 CHALLENGES
5.2.4.1 Integration of user interfaces with fire protection solutions
5.2.5 BURNING ISSUES
5.2.5.1 Smart building automation applications
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.3 LATEST TRENDS IN THE FPS MARKET
6.3.1 ROLE OF EVOLVING INTERNET OF THINGS (IOT) IN FPS MARKET
6.3.2 INCREASING USAGE OF WATER MIST SYSTEMS
6.3.3 RAPID DEVELOPMENT IN WIRELESS TECHNOLOGIES FOR FIRE DETECTION
6.3.4 VIDEO IMAGE SMOKE AND FLAME DETECTION SYSTEMS
6.3.5 INCREASING TREND OF LOCALIZATION OF VALUE CHAIN ACTIVITIES IN DEVELOPING COUNTRIES
7 FIRE PROTECTION SYSTEM TYPES
7.1 INTRODUCTION
7.2 ACTIVE FIRE PROTECTION SYSTEMS
7.3 PASSIVE FIRE PROTECTION SYSTEMS
8 MARKET, BY PRODUCT
8.1 INTRODUCTION
8.2 CODES AND STANDARDS RELATED TO FIRE PROTECTION SYSTEMS
8.2.1 CODES AND STANDARDS RELATED TO FIRE DETECTION
8.2.2 CODES AND STANDARDS RELATED TO FIRE SUPPRESSION
8.3 FIRE DETECTION
8.3.1 WIRED AND WIRELESS FIRE DETECTION SYSTEMS
8.3.2 SENSORS AND DETECTORS
8.3.2.1 Flame detectors
8.3.2.1.1 Single IR
8.3.2.1.2 Single UV
8.3.2.1.3 Dual UV/IR
8.3.2.1.4 Triple IR (IR3)
8.3.2.1.5 Multi IR
8.3.2.2 Smoke detectors by product type
8.3.2.2.1 Photoelectric Smoke Detector
8.3.2.2.2 Ionization Smoke Detector
8.3.2.2.3 Other Smoke Detectors
8.3.2.3 Smoke detectors by power source
8.3.2.3.1 Battery Powered
8.3.2.3.2 Hardwired with Battery Backup
8.3.2.3.3 Hardwired Without Battery Backup
8.3.2.4 Heat detectors
8.3.2.5 Others
8.3.3 RFID SYSTEMS
8.4 FIRE SUPPRESSION
8.4.1 FIRE SPRINKLER SYSTEM
8.4.1.1 Wet fire sprinkler systems
8.4.1.2 Dry fire sprinkler systems
8.4.1.3 Preaction fire sprinkler systems
8.4.1.4 Deluge fire sprinkler systems
8.4.1.5 Other fire sprinkler systems
8.4.2 FIRE EXTINGUISHERS
8.4.3 OTHERS
8.5 FIRE ANALYSIS
8.5.1 FIRE MAPPING AND ANALYSIS SOFTWARE
8.5.2 FIRE MODELING AND SIMULATION SOFTWARE
8.6 FIRE RESPONSE
8.6.1 EMERGENCY LIGHTING SYSTEMS
8.6.2 VOICE EVACUATION AND PUBLIC ALERT SYSTEMS
8.6.3 SECURE COMMUNICATION SYSTEMS
8.6.4 FIRE ALARM DEVICES
8.7 OTHERS
9 MARKET, BY SERVICE
9.1 INTRODUCTION
9.2 ENGINEERING SERVICES
9.3 INSTALLATION AND DESIGN SERVICES
9.4 MAINTENANCE SERVICES
9.5 MANAGED SERVICES
9.6 OTHER SERVICES
10 MARKET, BY VERTICAL
10.1 INTRODUCTION
10.2 RESIDENTIAL
10.3 COMMERCIAL
10.3.1 ACADEMIA AND INSTITUTIONAL
10.3.2 RETAIL
10.3.3 HEALTHCARE
10.3.4 HOSPITALITY
10.3.5 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
10.4 ENERGY AND POWER
10.5 GOVERNMENT
10.6 MANUFACTURING
10.7 OIL, GAS, AND MINING
10.8 TRANSPORTATION AND LOGISTICS
10.9 OTHER VERTICALS
11 MARKET, BY GEOGRAPHY
11.1 INTRODUCTION
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: A LUCRATIVE MARKET FOR FIRE PROTECTION SYSTEMS
11.2.2 US
11.2.2.1 US: Held largest share in the FPS market in North America
11.2.3 CANADA
11.2.3.1 Canada: Expected to grow at the highest rate in the FPS market in North America during the forecast period
11.2.4 MEXICO
11.2.4.1 Mexico: Adoption rate of fire protection systems is still in the initial phase
11.3 EUROPE
11.3.1 STRINGENT GOVERNMENT REGULATIONS EXPECTED TO FOSTER THE GROWTH OF FPS MARKET IN EUROPE
11.3.2 UK
11.3.2.1 UK: Major contributor to the growth of FPS market in Europe
11.3.3 GERMANY
11.3.3.1 Germany: Market expected to grow at the highest rate
11.3.4 FRANCE
11.3.4.1 France: One of the major contributors to the European FPS market
11.3.5 REST OF EUROPE
11.3.5.1 Rest of Europe: italy and spain are emerging markets for FPS with significant potentials
11.4 APAC
11.4.1 APAC: SUBSTANTIALLY GROWING MARKET DRIVEN BY THRIVING ECONOMIES
11.4.2 CHINA
11.4.2.1 China: Largest FPS market in APAC
11.4.3 JAPAN
11.4.3.1 JAPAN: One of the major contributor to the FPS market in APAC
11.4.4 SOUTH KOREA
11.4.4.1 South Korea: Fire prevention and safety ingenuities expected to boost the growth of the FPS market
11.4.5 REST OF APAC
11.4.5.1 Rest of APAC: India as an emerging market for fire protection systems with great potential
11.5 REST OF THE WORLD
11.5.1 ROW: FPS MARKET STILL IN THE DEVELOPING PHASE
11.5.2 MIDDLE EAST AND AFRICA
11.5.2.1 Middle East: Large number of oil reserves
11.5.3 SOUTH AMERICA
11.5.3.1 Lower adoption rate of fire protection systems
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.2 MARKET RANKING ANALYSIS FPS MARKET
12.3 STRATEGIC BENCHMARKING
12.3.1 CHIEF STRATEGIES ADOPTED BY THE KEY PLAYERS
12.4 VENDOR DIVE OVERVIEW
12.4.1 VANGUARD
12.4.2 DYNAMIC
12.4.3 INNOVATOR
12.4.4 EMERGING
12.5 ANALYSIS OF BUSINESS STRATEGY PARAMETERS FOR MAJOR PLAYERS IN THE FPS MARKET (25 COMPANIES)
12.6 ANALYSIS OF THE PRODUCT PORTFOLIO OF MAJOR PLAYERS IN THE FPS MARKET (25 COMPANIES)
*Top companies analyzed for this study are – Honeywell International Inc.; Siemens AG; Tyco International plc; Johnson Controls; Robert Bosch GmbH; United Technologies; Gentex Corporation ; Halma plc; Hochiki Corporation; VT MAK; Minimax Viking GmbH; Emerson Electric Co.; EMS Security Group Ltd; Firefly AB; NITIE (Nitin Fire Protection Industries Ltd); Micropack engineering Ltd; FLW Inc.; Schneider Electric; Eaton Corporation plc; National Fire Fighting Manufacturing Company (NAFFCO); Sterling Safety Systems; Amerex Corporation; Pansonic Corporation; Fike Corporation; Ceasefire Industries Pvt. Ltd
13 COMPANY PROFILES
13.1 INTRODUCTION
(Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View)*
13.2 TYCO INTERNATIONAL PLC
13.3 JOHNSON CONTROLS
13.4 UNITED TECHNOLOGIES
13.5 HONEYWELL INTERNATIONAL INC.
13.6 SIEMENS AG
13.7 ROBERT BOSCH GMBH
13.8 HOCHIKI CORPORATION
13.9 HALMA PLC
13.10 GENTEX CORPORATION
13.11 VT MAK
13.12 MINIMAX VIKING GMBH
13.13 KEY INNOVATORS
13.13.1 EMS SECURITY GROUP LTD
13.13.2 STERLING SAFETY SYSTEMS
13.13.3 ELECTRO DETECTORS LTD
13.13.4 FIREFLY AB
13.13.5 NAPCO SECURITY TECHNOLOGIES, INC.
*Details on Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
1.1 OBJECTIVES OF THE STUDY
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED FOR THE STUDY
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Experts involved in primary interviews
2.1.2.2 Key data from primary sources
2.1.2.3 Key industry insights
2.1.2.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.3 MARKET SHARE ESTIMATION
2.4 MARKET BREAKDOWN AND DATA TRIANGULATION
2.5 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR THE GROWTH OF THE FPS MARKET
4.2 FPS MARKET, BY PRODUCT AND SERVICE
4.3 FPS MARKET, BY PRODUCT
4.4 FPS MARKET, BY SERVICE
4.5 NORTH AMERICA HELD A MAJOR SHARE OF THE OVERALL FPS MARKET IN 2016
4.6 FPS MARKET, BY VERTICAL
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1.1 Stringent regulatory norms for fire protection systems
5.2.1.2 Increased fire-related expenditure of various enterprises, and rise in deaths and loss of property
5.2.1.3 Rise in technological advancements and innovations in equipment and networking
5.2.1.4 Increasing trend of automation in commercial buildings and smart homes along with the evolution of iot
5.2.2 RESTRAINTS
5.2.2.1 High implementation and maintenance costs of fire protection systems
5.2.2.2 Lack of integrity in system interfaces
5.2.3 OPPORTUNITIES
5.2.3.1 Improvement in hmi/scada solutions
5.2.3.2 Amendments in rules and mandatory standards
5.2.3.3 Continuous innovations in wireless sensor networks
5.2.4 CHALLENGES
5.2.4.1 Integration of user interfaces with fire protection solutions
5.2.5 BURNING ISSUES
5.2.5.1 Smart building automation applications
6 INDUSTRY TRENDS
6.1 INTRODUCTION
6.2 VALUE CHAIN ANALYSIS
6.3 LATEST TRENDS IN THE FPS MARKET
6.3.1 ROLE OF EVOLVING INTERNET OF THINGS (IOT) IN FPS MARKET
6.3.2 INCREASING USAGE OF WATER MIST SYSTEMS
6.3.3 RAPID DEVELOPMENT IN WIRELESS TECHNOLOGIES FOR FIRE DETECTION
6.3.4 VIDEO IMAGE SMOKE AND FLAME DETECTION SYSTEMS
6.3.5 INCREASING TREND OF LOCALIZATION OF VALUE CHAIN ACTIVITIES IN DEVELOPING COUNTRIES
7 FIRE PROTECTION SYSTEM TYPES
7.1 INTRODUCTION
7.2 ACTIVE FIRE PROTECTION SYSTEMS
7.3 PASSIVE FIRE PROTECTION SYSTEMS
8 MARKET, BY PRODUCT
8.1 INTRODUCTION
8.2 CODES AND STANDARDS RELATED TO FIRE PROTECTION SYSTEMS
8.2.1 CODES AND STANDARDS RELATED TO FIRE DETECTION
8.2.2 CODES AND STANDARDS RELATED TO FIRE SUPPRESSION
8.3 FIRE DETECTION
8.3.1 WIRED AND WIRELESS FIRE DETECTION SYSTEMS
8.3.2 SENSORS AND DETECTORS
8.3.2.1 Flame detectors
8.3.2.1.1 Single IR
8.3.2.1.2 Single UV
8.3.2.1.3 Dual UV/IR
8.3.2.1.4 Triple IR (IR3)
8.3.2.1.5 Multi IR
8.3.2.2 Smoke detectors by product type
8.3.2.2.1 Photoelectric Smoke Detector
8.3.2.2.2 Ionization Smoke Detector
8.3.2.2.3 Other Smoke Detectors
8.3.2.3 Smoke detectors by power source
8.3.2.3.1 Battery Powered
8.3.2.3.2 Hardwired with Battery Backup
8.3.2.3.3 Hardwired Without Battery Backup
8.3.2.4 Heat detectors
8.3.2.5 Others
8.3.3 RFID SYSTEMS
8.4 FIRE SUPPRESSION
8.4.1 FIRE SPRINKLER SYSTEM
8.4.1.1 Wet fire sprinkler systems
8.4.1.2 Dry fire sprinkler systems
8.4.1.3 Preaction fire sprinkler systems
8.4.1.4 Deluge fire sprinkler systems
8.4.1.5 Other fire sprinkler systems
8.4.2 FIRE EXTINGUISHERS
8.4.3 OTHERS
8.5 FIRE ANALYSIS
8.5.1 FIRE MAPPING AND ANALYSIS SOFTWARE
8.5.2 FIRE MODELING AND SIMULATION SOFTWARE
8.6 FIRE RESPONSE
8.6.1 EMERGENCY LIGHTING SYSTEMS
8.6.2 VOICE EVACUATION AND PUBLIC ALERT SYSTEMS
8.6.3 SECURE COMMUNICATION SYSTEMS
8.6.4 FIRE ALARM DEVICES
8.7 OTHERS
9 MARKET, BY SERVICE
9.1 INTRODUCTION
9.2 ENGINEERING SERVICES
9.3 INSTALLATION AND DESIGN SERVICES
9.4 MAINTENANCE SERVICES
9.5 MANAGED SERVICES
9.6 OTHER SERVICES
10 MARKET, BY VERTICAL
10.1 INTRODUCTION
10.2 RESIDENTIAL
10.3 COMMERCIAL
10.3.1 ACADEMIA AND INSTITUTIONAL
10.3.2 RETAIL
10.3.3 HEALTHCARE
10.3.4 HOSPITALITY
10.3.5 BANKING, FINANCIAL SERVICES, AND INSURANCE (BFSI)
10.4 ENERGY AND POWER
10.5 GOVERNMENT
10.6 MANUFACTURING
10.7 OIL, GAS, AND MINING
10.8 TRANSPORTATION AND LOGISTICS
10.9 OTHER VERTICALS
11 MARKET, BY GEOGRAPHY
11.1 INTRODUCTION
11.2 NORTH AMERICA
11.2.1 NORTH AMERICA: A LUCRATIVE MARKET FOR FIRE PROTECTION SYSTEMS
11.2.2 US
11.2.2.1 US: Held largest share in the FPS market in North America
11.2.3 CANADA
11.2.3.1 Canada: Expected to grow at the highest rate in the FPS market in North America during the forecast period
11.2.4 MEXICO
11.2.4.1 Mexico: Adoption rate of fire protection systems is still in the initial phase
11.3 EUROPE
11.3.1 STRINGENT GOVERNMENT REGULATIONS EXPECTED TO FOSTER THE GROWTH OF FPS MARKET IN EUROPE
11.3.2 UK
11.3.2.1 UK: Major contributor to the growth of FPS market in Europe
11.3.3 GERMANY
11.3.3.1 Germany: Market expected to grow at the highest rate
11.3.4 FRANCE
11.3.4.1 France: One of the major contributors to the European FPS market
11.3.5 REST OF EUROPE
11.3.5.1 Rest of Europe: italy and spain are emerging markets for FPS with significant potentials
11.4 APAC
11.4.1 APAC: SUBSTANTIALLY GROWING MARKET DRIVEN BY THRIVING ECONOMIES
11.4.2 CHINA
11.4.2.1 China: Largest FPS market in APAC
11.4.3 JAPAN
11.4.3.1 JAPAN: One of the major contributor to the FPS market in APAC
11.4.4 SOUTH KOREA
11.4.4.1 South Korea: Fire prevention and safety ingenuities expected to boost the growth of the FPS market
11.4.5 REST OF APAC
11.4.5.1 Rest of APAC: India as an emerging market for fire protection systems with great potential
11.5 REST OF THE WORLD
11.5.1 ROW: FPS MARKET STILL IN THE DEVELOPING PHASE
11.5.2 MIDDLE EAST AND AFRICA
11.5.2.1 Middle East: Large number of oil reserves
11.5.3 SOUTH AMERICA
11.5.3.1 Lower adoption rate of fire protection systems
12 COMPETITIVE LANDSCAPE
12.1 INTRODUCTION
12.2 MARKET RANKING ANALYSIS FPS MARKET
12.3 STRATEGIC BENCHMARKING
12.3.1 CHIEF STRATEGIES ADOPTED BY THE KEY PLAYERS
12.4 VENDOR DIVE OVERVIEW
12.4.1 VANGUARD
12.4.2 DYNAMIC
12.4.3 INNOVATOR
12.4.4 EMERGING
12.5 ANALYSIS OF BUSINESS STRATEGY PARAMETERS FOR MAJOR PLAYERS IN THE FPS MARKET (25 COMPANIES)
12.6 ANALYSIS OF THE PRODUCT PORTFOLIO OF MAJOR PLAYERS IN THE FPS MARKET (25 COMPANIES)
*Top companies analyzed for this study are – Honeywell International Inc.; Siemens AG; Tyco International plc; Johnson Controls; Robert Bosch GmbH; United Technologies; Gentex Corporation ; Halma plc; Hochiki Corporation; VT MAK; Minimax Viking GmbH; Emerson Electric Co.; EMS Security Group Ltd; Firefly AB; NITIE (Nitin Fire Protection Industries Ltd); Micropack engineering Ltd; FLW Inc.; Schneider Electric; Eaton Corporation plc; National Fire Fighting Manufacturing Company (NAFFCO); Sterling Safety Systems; Amerex Corporation; Pansonic Corporation; Fike Corporation; Ceasefire Industries Pvt. Ltd
13 COMPANY PROFILES
13.1 INTRODUCTION
(Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View)*
13.2 TYCO INTERNATIONAL PLC
13.3 JOHNSON CONTROLS
13.4 UNITED TECHNOLOGIES
13.5 HONEYWELL INTERNATIONAL INC.
13.6 SIEMENS AG
13.7 ROBERT BOSCH GMBH
13.8 HOCHIKI CORPORATION
13.9 HALMA PLC
13.10 GENTEX CORPORATION
13.11 VT MAK
13.12 MINIMAX VIKING GMBH
13.13 KEY INNOVATORS
13.13.1 EMS SECURITY GROUP LTD
13.13.2 STERLING SAFETY SYSTEMS
13.13.3 ELECTRO DETECTORS LTD
13.13.4 FIREFLY AB
13.13.5 NAPCO SECURITY TECHNOLOGIES, INC.
*Details on Business Overview, Products offered & Services strategies, Key Insights, Recent Developments, MnM View might not be captured in case of unlisted companies.
14 APPENDIX
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
14.4 AVAILABLE CUSTOMIZATIONS
14.5 RELATED REPORTS
14.6 AUTHOR DETAILS
LIST OF TABLES
Table 1 FPS MARKET SIZE, BY OFFERING, 2014–2022 (USD BILLION)
Table 2 FPS MARKET, BY PRODUCT, 2014–2022 (USD BILLION)
Table 3 FIRE PROTECTION PRODUCT MARKET, BY VERTICAL, 2014–2022 (USD BILLION)
Table 4 FIRE PROTECTION PRODUCT MARKET FOR COMMERCIAL VERTICAL, BY TYPE, 2014–2022 (USD BILLION)
Table 5 FPS MARKET FOR FIRE DETECTION SYSTEMS, BY TYPE, 2014–2022 (USD BILLION)
Table 6 FPS MARKET FOR FIRE DETECTION SYSTEMS, BY VERTICAL, 2014–2022 (USD MILLION)
Table 7 FPS MARKET FOR FIRE DETECTION SYSTEMS, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 8 FPS MARKET FOR SENSORS AND DETECTORS, BY TYPE, 2014–2022 (USD BILLION)
Table 9 MARKET VOLUME OF SENSORS AND DETECTORS, BY TYPE, 2014–2022 (MILLION UNITS)
Table 10 FPS MARKET FOR FLAME DETECTORS, BY TYPE, 2014–2022 (USD MILLION)
Table 11 FPS MARKET FOR SMOKE DETECTORS, BY TYPE, 2014–2022 (USD MILLION)
Table 12 MARKET VOLUME OF SMOKE DETECTORS, BY TYPE, 2014–2022 (MILLION UNITS)
Table 13 FPS MARKET FOR SMOKE DETECTORS, BY POWER SOURCE, 2014–2022 (USD MILLION)
Table 14 FPS MARKET, BY FIRE SUPPRESSION PRODUCT, 2014–2022 (USD BILLION)
Table 15 FIRE SPRINKLER SYSTEMS MARKET, BY TYPE, 2014–2022 (USD MILLION)
Table 16 FIRE SPRINKLER SYSTEMS MARKET VOLUME, BY TYPE, 2014–2022 (MILLION UNITS)
Table 17 FIRE EXTINGUISHERS MARKET, BY TYPE, 2014–2022 (USD MILLION)
Table 18 FIRE SUPPRESSION SYSTEMS MARKET, BY VERTICAL, 2014–2022 (USD MILLION)
Table 19 FIRE SUPPRESSION SYSTEMS MARKET, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 20 FIRE PROTECTION SYSTEMS MARKET, BY FIRE ANALYSIS SOFTWARE, 2014–2022 (USD BILLION)
Table 21 MARKET FOR FIRE ANALYSIS SOFTWARE, BY VERTICAL, 2014–2022 (USD MILLION)
Table 22 MARKET FOR FIRE ANALYSIS SOFTWARE, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 23 FIRE PROTECTION SYSTEMS MARKET, BY FIRE RESPONSE SYSTEM, 2014–2022 (USD BILLION)
Table 24 FIRE RESPONSE MARKET, BY VERTICAL, 2014–2022 (USD MILLION)
Table 25 FIRE RESPONSE MARKET, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 26 MARKET FOR OTHER PRODUCTS, BY VERTICAL, 2014–2022 (USD MILLION)
Table 27 MARKET FOR OTHER PRODUCTS, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 28 FPS MARKET, BY SERVICE, 2014–2022 (USD BILLION)
Table 29 FPS MARKET FOR OTHER SERVICES, BY VERTICAL, 2014–2022 (USD BILLION)
Table 30 FPS MARKET FOR SERVICES, BY COMMERCIAL VERTICAL, 2014–2022 (USD BILLION)
Table 31 FPS MARKET, BY VERTICAL, 2014–2022 (USD BILLION)
Table 32 FPS MARKET FOR COMMERCIAL VERTICAL, BY TYPE, 2014–2022 (USD BILLION)
Table 33 FPS MARKET FOR RESIDENTIAL VERTICAL, BY REGION 2014–2022 (USD MILLION)
Table 34 FPS MARKET IN NORTH AMERICA FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 35 FPS MARKET IN EUROPE FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 36 FPS MARKET IN APAC FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 37 FPS MARKET IN ROW FOR RESIDENTIAL VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 38 FPS MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 39 FPS MARKET IN NORTH AMERICA FOR COMMERCIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 40 FPS MARKET IN EUROPE FOR COMMERCIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 41 FPS MARKET IN APAC FOR COMMERCIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 42 FPS MARKET IN ROW FOR COMMERCIAL VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 43 FPS MARKET FOR ENERGY AND POWER VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 44 FPS MARKET IN NORTH AMERICA FOR ENERGY AND POWER VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 45 FPS MARKET IN EUROPE FOR ENERGY AND POWER VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 46 FPS MARKET IN APAC FOR ENERGY AND POWER VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 47 FPS MARKET IN ROW FOR ENERGY AND POWER VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 48 FPS MARKET FOR GOVERNMENT VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 49 FPS MARKET IN NORTH AMERICA FOR GOVERNMENT VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 50 FPS MARKET IN EUROPE FOR GOVERNMENT VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 51 FPS MARKET IN APAC FOR GOVERNMENT VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 52 FPS MARKET IN ROW FOR GOVERNMENT VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 53 FPS MARKET FOR MANUFACTURING VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 54 FPS MARKET IN NORTH AMERICA FOR MANUFACTURING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 55 FPS MARKET IN EUROPE FOR MANUFACTURING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 56 FPS MARKET IN APAC FOR MANUFACTURING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 57 FPS MARKET IN ROW FOR MANUFACTURING VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 58 FPS MARKET FOR OIL, GAS, AND MINING VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 59 FPS MARKET IN NORTH AMERICA FOR OIL, GAS, AND MINING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 60 FPS MARKET IN EUROPE FOR OIL, GAS, AND MINING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 61 FPS MARKET IN APAC FOR OIL, GAS, AND MINING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 62 FPS MARKET IN ROW FOR OIL, GAS, AND MINING VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 63 FPS MARKET FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 64 FPS MARKET IN NORTH AMERICA FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 65 FPS MARKET IN EUROPE FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 66 FPS MARKET IN APAC FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 67 FPS MARKET IN ROW FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 68 FPS MARKET FOR OTHER VERTICALS, BY REGION, 2014–2022 (USD MILLION)
Table 69 FPS MARKET IN NORTH AMERICA FOR OTHER VERTICALS, BY COUNTRY, 2014–2022 (USD MILLION)
Table 70 FPS MARKET IN EUROPE FOR OTHER VERTICALS, BY COUNTRY, 2014–2022 (USD MILLION)
Table 71 FPS MARKET IN APAC FOR OTHER VERTICALS, BY COUNTRY, 2014–2022 (USD MILLION)
Table 72 FPS MARKET IN ROW FOR OTHER VERTICALS, BY REGION, 2014–2022 (USD MILLION)
Table 73 FPS MARKET, BY REGION, 2014–2022 (USD BILLION)
Table 74 FPS MARKET IN NORTH AMERICA, BY COUNTRY, 2014–2022 (USD BILLION)
Table 75 FPS MARKET IN EUROPE, BY COUNTRY, 2014–2022 (USD BILLION)
Table 76 FPS MARKET IN APAC, BY COUNTRY, 2014–2022 (USD BILLION)
Table 77 ROW FPS MARKET, BY REGION, 2014–2022 (USD BILLION)
Table 1 FPS MARKET SIZE, BY OFFERING, 2014–2022 (USD BILLION)
Table 2 FPS MARKET, BY PRODUCT, 2014–2022 (USD BILLION)
Table 3 FIRE PROTECTION PRODUCT MARKET, BY VERTICAL, 2014–2022 (USD BILLION)
Table 4 FIRE PROTECTION PRODUCT MARKET FOR COMMERCIAL VERTICAL, BY TYPE, 2014–2022 (USD BILLION)
Table 5 FPS MARKET FOR FIRE DETECTION SYSTEMS, BY TYPE, 2014–2022 (USD BILLION)
Table 6 FPS MARKET FOR FIRE DETECTION SYSTEMS, BY VERTICAL, 2014–2022 (USD MILLION)
Table 7 FPS MARKET FOR FIRE DETECTION SYSTEMS, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 8 FPS MARKET FOR SENSORS AND DETECTORS, BY TYPE, 2014–2022 (USD BILLION)
Table 9 MARKET VOLUME OF SENSORS AND DETECTORS, BY TYPE, 2014–2022 (MILLION UNITS)
Table 10 FPS MARKET FOR FLAME DETECTORS, BY TYPE, 2014–2022 (USD MILLION)
Table 11 FPS MARKET FOR SMOKE DETECTORS, BY TYPE, 2014–2022 (USD MILLION)
Table 12 MARKET VOLUME OF SMOKE DETECTORS, BY TYPE, 2014–2022 (MILLION UNITS)
Table 13 FPS MARKET FOR SMOKE DETECTORS, BY POWER SOURCE, 2014–2022 (USD MILLION)
Table 14 FPS MARKET, BY FIRE SUPPRESSION PRODUCT, 2014–2022 (USD BILLION)
Table 15 FIRE SPRINKLER SYSTEMS MARKET, BY TYPE, 2014–2022 (USD MILLION)
Table 16 FIRE SPRINKLER SYSTEMS MARKET VOLUME, BY TYPE, 2014–2022 (MILLION UNITS)
Table 17 FIRE EXTINGUISHERS MARKET, BY TYPE, 2014–2022 (USD MILLION)
Table 18 FIRE SUPPRESSION SYSTEMS MARKET, BY VERTICAL, 2014–2022 (USD MILLION)
Table 19 FIRE SUPPRESSION SYSTEMS MARKET, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 20 FIRE PROTECTION SYSTEMS MARKET, BY FIRE ANALYSIS SOFTWARE, 2014–2022 (USD BILLION)
Table 21 MARKET FOR FIRE ANALYSIS SOFTWARE, BY VERTICAL, 2014–2022 (USD MILLION)
Table 22 MARKET FOR FIRE ANALYSIS SOFTWARE, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 23 FIRE PROTECTION SYSTEMS MARKET, BY FIRE RESPONSE SYSTEM, 2014–2022 (USD BILLION)
Table 24 FIRE RESPONSE MARKET, BY VERTICAL, 2014–2022 (USD MILLION)
Table 25 FIRE RESPONSE MARKET, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 26 MARKET FOR OTHER PRODUCTS, BY VERTICAL, 2014–2022 (USD MILLION)
Table 27 MARKET FOR OTHER PRODUCTS, BY COMMERCIAL VERTICAL, 2014–2022 (USD MILLION)
Table 28 FPS MARKET, BY SERVICE, 2014–2022 (USD BILLION)
Table 29 FPS MARKET FOR OTHER SERVICES, BY VERTICAL, 2014–2022 (USD BILLION)
Table 30 FPS MARKET FOR SERVICES, BY COMMERCIAL VERTICAL, 2014–2022 (USD BILLION)
Table 31 FPS MARKET, BY VERTICAL, 2014–2022 (USD BILLION)
Table 32 FPS MARKET FOR COMMERCIAL VERTICAL, BY TYPE, 2014–2022 (USD BILLION)
Table 33 FPS MARKET FOR RESIDENTIAL VERTICAL, BY REGION 2014–2022 (USD MILLION)
Table 34 FPS MARKET IN NORTH AMERICA FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 35 FPS MARKET IN EUROPE FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 36 FPS MARKET IN APAC FOR RESIDENTIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 37 FPS MARKET IN ROW FOR RESIDENTIAL VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 38 FPS MARKET FOR COMMERCIAL VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 39 FPS MARKET IN NORTH AMERICA FOR COMMERCIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 40 FPS MARKET IN EUROPE FOR COMMERCIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 41 FPS MARKET IN APAC FOR COMMERCIAL VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 42 FPS MARKET IN ROW FOR COMMERCIAL VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 43 FPS MARKET FOR ENERGY AND POWER VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 44 FPS MARKET IN NORTH AMERICA FOR ENERGY AND POWER VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 45 FPS MARKET IN EUROPE FOR ENERGY AND POWER VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 46 FPS MARKET IN APAC FOR ENERGY AND POWER VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 47 FPS MARKET IN ROW FOR ENERGY AND POWER VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 48 FPS MARKET FOR GOVERNMENT VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 49 FPS MARKET IN NORTH AMERICA FOR GOVERNMENT VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 50 FPS MARKET IN EUROPE FOR GOVERNMENT VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 51 FPS MARKET IN APAC FOR GOVERNMENT VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 52 FPS MARKET IN ROW FOR GOVERNMENT VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 53 FPS MARKET FOR MANUFACTURING VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 54 FPS MARKET IN NORTH AMERICA FOR MANUFACTURING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 55 FPS MARKET IN EUROPE FOR MANUFACTURING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 56 FPS MARKET IN APAC FOR MANUFACTURING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 57 FPS MARKET IN ROW FOR MANUFACTURING VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 58 FPS MARKET FOR OIL, GAS, AND MINING VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 59 FPS MARKET IN NORTH AMERICA FOR OIL, GAS, AND MINING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 60 FPS MARKET IN EUROPE FOR OIL, GAS, AND MINING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 61 FPS MARKET IN APAC FOR OIL, GAS, AND MINING VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 62 FPS MARKET IN ROW FOR OIL, GAS, AND MINING VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 63 FPS MARKET FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 64 FPS MARKET IN NORTH AMERICA FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 65 FPS MARKET IN EUROPE FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 66 FPS MARKET IN APAC FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY COUNTRY, 2014–2022 (USD MILLION)
Table 67 FPS MARKET IN ROW FOR TRANSPORTATION AND LOGISTICS VERTICAL, BY REGION, 2014–2022 (USD MILLION)
Table 68 FPS MARKET FOR OTHER VERTICALS, BY REGION, 2014–2022 (USD MILLION)
Table 69 FPS MARKET IN NORTH AMERICA FOR OTHER VERTICALS, BY COUNTRY, 2014–2022 (USD MILLION)
Table 70 FPS MARKET IN EUROPE FOR OTHER VERTICALS, BY COUNTRY, 2014–2022 (USD MILLION)
Table 71 FPS MARKET IN APAC FOR OTHER VERTICALS, BY COUNTRY, 2014–2022 (USD MILLION)
Table 72 FPS MARKET IN ROW FOR OTHER VERTICALS, BY REGION, 2014–2022 (USD MILLION)
Table 73 FPS MARKET, BY REGION, 2014–2022 (USD BILLION)
Table 74 FPS MARKET IN NORTH AMERICA, BY COUNTRY, 2014–2022 (USD BILLION)
Table 75 FPS MARKET IN EUROPE, BY COUNTRY, 2014–2022 (USD BILLION)
Table 76 FPS MARKET IN APAC, BY COUNTRY, 2014–2022 (USD BILLION)
Table 77 ROW FPS MARKET, BY REGION, 2014–2022 (USD BILLION)
Fire accidents cause damages that are irretrievable; they result in lost lives, assets, and resources. To avoid fire damages, fire alarms, sprinklers, and extinguishers are installed in buildings, which work as primary equipment in minimizing fire accidents, if occurred. The increased risk of fire accidents is driving the demand for the Fire Protection Systems (FPS) market globally. The FPS market has experienced continuous advancements in the fire protection technology. FPS manufacturers are investing significant amounts on R&D and are offering innovative and efficient fire protection products to customers.
The fire protection techniques take two forms, namely active and passive fire protection systems. The active fire protection systems produce a response in the event of a fire; for example, the fire detectors trigger fire alarms, sprinkler systems, and extinguishers in the event of fire. This means the active fire protection systems responds only after the event of fire has occurred. The passive fire protection systems are the structural fire protection and fire safety in buildings. This system is termed so because it is considered as an always “ON” system and does not require being made activated to prevent fire. PFP either acts as a fire blockade or slows down its spreading speed. It is achieved by creating fire-resisting walls, floors, and doors; systematic designing and assembling are also required along with the use of particular materials for fire prevention.
The fire protection market is segmented as per the fire protection products. It includes fire detection, fire management, fire analysis, and fire response products. The fire detection products’ category comprises fire sensors or detectors, including flame detectors, smoke detectors, and heat detectors. The fire management products include control panels, interfaces, fire sprinklers, and fire extinguishers. Fire analysis is an important part of fire protection as it facilitates informed decisions, which lead to maximum efficiency. Fire analysis particularly takes two forms, namely fire mapping and analysis software as well as fire modeling and simulation software. Fire response systems are activated simultaneously with fire management systems so as to prevent fire quickly. They include emergency lighting, public alerts, secure communication, and fire alarm devices.
The fire disaster management systems include fire detection, prevention, and protection systems; any malfunctioning ensued in these systems may create a serious problem. The FPS market has been segmented into different services, namely engineering services, installation and design, service and maintenance, managed services, and other services. The fire protection engineering services include understanding clients’ fire protection needs and suggesting ways to avoid fire accidents. Fire protection systems designed are client specific, and they detect and respond to fire so that occupants’ safety is ensured. Timely servicing and maintenance of fire protection systems is needed so as to ensure their functioning at the time of emergency. The service and maintenance services include inspections, testing, service and repairs of component, and monitoring of fire protection system and its component.
