Fire Protection System Market Overview
The global Fire Protection System market is expected to grow at a significant rate over the stated period. The expanding trend of using water mist systems, as well as the increased use of the Internet of Things and Big Data, can be contributed to this market's significant growth.
The rapid rate of modernization and technical advancements in the construction sector is expected to boost the overall development of the fire protection systems market in the coming years. The overall expansion of the market is expected to be ensured in the coming years by a large increase in the number of deaths and growing incidents of property loss due to fire outbreaks. Furthermore, tight government rules and regulations, as well as rapid advancements in wireless technologies for fire detection systems, are expected to assist the overall market's growth in the coming years.
The global market for fire protection systems is expected to experience several obstacles, which could lead to a slowdown in growth in the near future. The high cost of maintenance and installation of fire prevention systems is expected to limit market growth in the next few years. Furthermore, the unexpected failure of fire alarm systems is projected to stifle the overall market's growth in the approaching years.
| Report Metric | Details |
| Market size available for years | 2023–2030 |
| Base year considered | 2023 |
| Forecast period | 2024–2030 |
| Forecast unit | Value (USD Million) |
| Segments covered | Product, Service, Vertical, and Region |
| Regions covered | North America (the U.S. and Canada), Europe (UK, Germany, France, Italy, Spain, Russia, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, South East Asia, Rest of Asia Pacific), Latin America and the Middle East and Africa (Brazil, Saudi Arabia, UAE, Rest of LAMEA) |
| Companies covered | Fire Protection Engineering A/S, 3M, Fike Corporation, Consilium AB Publ., Gielle Srl, Emerson Electric Co., Danfoss Semco A/S, Johnson Controls plc, Drägerwerk AG & Co. KGaA, KEVTA Fire Systems, Inc., Blaze Manufacturing Solutions Ltd., Deluge Offshore & Marine Pte Ltd., Honeywell International, Inc. |
Covid-19 Impact on Fire Protection System Market
Like many other industries, COVID-19 badly knocked the electronic and semiconductor industries. This unprecedented event has impacted nearly 230 countries in just a few weeks, resulting in the forced shutdown of manufacturing and transportation activities within and across the countries. This has directly affected the overall sector's growth. It is estimated that COVID-19 to leave more than USD 30 billion impacts on the electronics and semiconductor industry. The sector is majorly affected due to transport restrictions on major electronics and semiconductor raw material providers. However, the emerging need for semiconductors in several industries will offer rapid market recovery over the future period.
Fire Protection System Market Segment Overview
According to Vertical, Oil, Gas, and Mining is one of the largest segments in the global Fire protection system market. Petroleum, crude oil, flammable gases (such as butane), and coal are all part of the oil, gas, and mining sector. Because these materials are flammable, advanced fire prevention systems are used in this vertical to prevent fires. To avoid mishaps, highly effective fire detection and prevention systems are essential in this industry. In the mining industry, clean agent fire suppression systems, dry chemical fire suppression systems, and water and foam sprinklers are all used. In the oil and gas industry, gas-based suppression systems (CO2, FM200, Novec, and Inert) and sprinkler systems are employed.
Fire Protection System Market, By Product
· Fire Suppression
· Fire Response
· Fire Sprinkler System
· Fire Analysis
· Fire Detection
Fire Protection System Market, By Service
· Maintenance Services
· Managed Services
· Engineering Services
· Installation and Design Services
· Other Services
Fire Protection System Market, By Vertical
- Commercial
- Academia and Institutional
- Retail
- Healthcare
- Hospitality
- Banking, Financial Services, and Insurance (BFSI)
- Oil, Gas, and Mining
- Manufacturing
- Transportation & Logistics
- Energy & Power
- Residential
- Government
- Others (Telecom and IT, Public Utilities, and Media and Entertainment)
Fire Protection System Regional Overview
In terms of region, North America commanded a major share of the fire protection systems market and is predictable to maintain its supremacy over the forecast period. The rapidly increasing investments in the oil and gas industry, as well as expanding demand from Canada and the United States, are expected to sustain the region's development in the near future. Because of the increasing number of exploratory operations, the Asia Pacific market for fire prevention systems is expected to rise at a healthy rate in the next years.
Fire Protection System Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Fire Protection System Market, Key Players
· Fire Protection Engineering A/S
· 3M
· Fike Corporation
· Consilium AB Publ.
· Gielle Srl
· Emerson Electric Co.
· Danfoss Semco A/S
· Johnson Controls plc
· Drägerwerk AG & Co. KGaA
· KEVTA Fire Systems, Inc.
· Blaze Manufacturing Solutions Ltd.
· Deluge Offshore & Marine Pte Ltd.
· Honeywell International, Inc.
Frequently Asked Questions (FAQ) :
Q1. What are the driving factors for the Fire Protection System market?
The rapid rate of modernization and technical advancements in the construction sector is expected to boost the overall development of the fire protection systems market in the coming years.
Q2. What are the restraining factors for the Fire Protection System market?
The high cost of maintenance and installation of fire prevention systems is expected to limit market growth in the next few years.
Q3. Which segment is projected to hold the largest share in the Fire Protection System Market?
Oil, Gas, and Mining segment is projected to hold the largest share in the Fire Protection System Market.
Q4. Which region holds the largest share in the Fire Protection System market?
North America held the largest share in the global Fire Protection System market
Q5. Which are the prominent players in the Fire Protection System Market?
Fire Protection Engineering A/S, 3M, Fike Corporation, Consilium AB Publ., Gielle Srl, Emerson Electric Co., Danfoss Semco A/S, Johnson Controls plc, Drägerwerk AG & Co. KGaA, KEVTA Fire Systems, Inc., Blaze Manufacturing Solutions Ltd., Deluge Offshore & Marine Pte Ltd., Honeywell International, Inc. are some key players in the Fire Protection System Market.
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Fire Protection System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Fire Suppression
- 5.2.2. Fire Response
- 5.2.3. Fire Sprinkler System
- 5.2.4. Fire Analysis
- 5.2.5. Fire Detection
- 5.3. Market Analysis, Insights and Forecast – By Service
- 5.3.1. Maintenance Services
- 5.3.2. Managed Services
- 5.3.3. Engineering Services
- 5.3.4. Installation and Design Services
- 5.3.5. Other Services
- 5.4. Market Analysis, Insights and Forecast – By Vertical
- 5.4.1. Commercial
- 5.4.1.1. Academia and Institutional
- 5.4.1.2. Retail
- 5.4.1.3. Healthcare
- 5.4.1.4. Hospitality
- 5.4.1.5. Banking, Financial Services, and Insurance (BFSI)
- 5.4.2. Oil, Gas, and Mining
- 5.4.3. Manufacturing
- 5.4.4. Transportation & Logistics
- 5.4.5. Energy & Power
- 5.4.6. Residential
- 5.4.7. Government
- 5.4.8. Others (Telecom and IT, Public Utilities, and Media and Entertainment)
- 5.4.1. Commercial
- 5.5. Market Analysis, Insights and Forecast – By Region
- 5.5.1. North America
- 5.5.2. Europe
- 5.5.3. Asia Pacific
- 5.5.4. Latin America, Middle East and Africa
6. North America Fire Protection System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Fire Suppression
- 6.2.2. Fire Response
- 6.2.3. Fire Sprinkler System
- 6.2.4. Fire Analysis
- 6.2.5. Fire Detection
- 6.3. Market Analysis, Insights and Forecast – By Service
- 6.3.1. Maintenance Services
- 6.3.2. Managed Services
- 6.3.3. Engineering Services
- 6.3.4. Installation and Design Services
- 6.3.5. Other Services
- 6.4. Market Analysis, Insights and Forecast – By Vertical
- 6.4.1. Commercial
- 6.4.1.1. Academia and Institutional
- 6.4.1.2. Retail
- 6.4.1.3. Healthcare
- 6.4.1.4. Hospitality
- 6.4.1.5. Banking, Financial Services, and Insurance (BFSI)
- 6.4.2. Oil, Gas, and Mining
- 6.4.3. Manufacturing
- 6.4.4. Transportation & Logistics
- 6.4.5. Energy & Power
- 6.4.6. Residential
- 6.4.7. Government
- 6.4.8. Others (Telecom and IT, Public Utilities, and Media and Entertainment)
- 6.4.1. Commercial
- 6.5. Market Analysis, Insights and Forecast – By Country
- 6.5.1. U.S.
- 6.5.2. Canada
7. Europe Fire Protection System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Fire Suppression
- 7.2.2. Fire Response
- 7.2.3. Fire Sprinkler System
- 7.2.4. Fire Analysis
- 7.2.5. Fire Detection
- 7.3. Market Analysis, Insights and Forecast – By Service
- 7.3.1. Maintenance Services
- 7.3.2. Managed Services
- 7.3.3. Engineering Services
- 7.3.4. Installation and Design Services
- 7.3.5. Other Services
- 7.4. Market Analysis, Insights and Forecast – By Vertical
- 7.4.1. Commercial
- 7.4.1.1. Academia and Institutional
- 7.4.1.2. Retail
- 7.4.1.3. Healthcare
- 7.4.1.4. Hospitality
- 7.4.1.5. Banking, Financial Services, and Insurance (BFSI)
- 7.4.2. Oil, Gas, and Mining
- 7.4.3. Manufacturing
- 7.4.4. Transportation & Logistics
- 7.4.5. Energy & Power
- 7.4.6. Residential
- 7.4.7. Government
- 7.4.8. Others (Telecom and IT, Public Utilities, and Media and Entertainment)
- 7.4.1. Commercial
- 7.5. Market Analysis, Insights and Forecast – By Country
- 7.5.1. UK
- 7.5.2. Germany
- 7.5.3. France
- 7.5.4. Italy
- 7.5.5. Spain
- 7.5.6. Russia
- 7.5.7. Rest of Europe
8. Asia Pacific Fire Protection System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Fire Suppression
- 8.2.2. Fire Response
- 8.2.3. Fire Sprinkler System
- 8.2.4. Fire Analysis
- 8.2.5. Fire Detection
- 8.3. Market Analysis, Insights and Forecast – By Service
- 8.3.1. Maintenance Services
- 8.3.2. Managed Services
- 8.3.3. Engineering Services
- 8.3.4. Installation and Design Services
- 8.3.5. Other Services
- 8.4. Market Analysis, Insights and Forecast – By Vertical
- 8.4.1. Commercial
- 8.4.1.1. Academia and Institutional
- 8.4.1.2. Retail
- 8.4.1.3. Healthcare
- 8.4.1.4. Hospitality
- 8.4.1.5. Banking, Financial Services, and Insurance (BFSI)
- 8.4.2. Oil, Gas, and Mining
- 8.4.3. Manufacturing
- 8.4.4. Transportation & Logistics
- 8.4.5. Energy & Power
- 8.4.6. Residential
- 8.4.7. Government
- 8.4.8. Others (Telecom and IT, Public Utilities, and Media and Entertainment)
- 8.4.1. Commercial
- 8.5. Market Analysis, Insights and Forecast – By Country
- 8.5.1. China
- 8.5.2. India
- 8.5.3. Japan
- 8.5.4. Australia
- 8.5.5. South East Asia
- 8.5.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Fire Protection System Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Fire Suppression
- 9.2.2. Fire Response
- 9.2.3. Fire Sprinkler System
- 9.2.4. Fire Analysis
- 9.2.5. Fire Detection
- 9.3. Market Analysis, Insights and Forecast – By Service
- 9.3.1. Maintenance Services
- 9.3.2. Managed Services
- 9.3.3. Engineering Services
- 9.3.4. Installation and Design Services
- 9.3.5. Other Services
- 9.4. Market Analysis, Insights and Forecast – By Vertical
- 9.4.1. Commercial
- 9.4.1.1. Academia and Institutional
- 9.4.1.2. Retail
- 9.4.1.3. Healthcare
- 9.4.1.4. Hospitality
- 9.4.1.5. Banking, Financial Services, and Insurance (BFSI)
- 9.4.2. Oil, Gas, and Mining
- 9.4.3. Manufacturing
- 9.4.4. Transportation & Logistics
- 9.4.5. Energy & Power
- 9.4.6. Residential
- 9.4.7. Government
- 9.4.8. Others (Telecom and IT, Public Utilities, and Media and Entertainment)
- 9.4.1. Commercial
- 9.5. Market Analysis, Insights and Forecast – By Country
- 9.5.1. Brazil
- 9.5.2. Saudi Arabia
- 9.5.3. UAE
- 9.5.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Fire Protection Engineering A/S
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. 3M
- 10.6. Fike Corporation
- 10.7. Consilium AB Publ.
- 10.8. Gielle Srl
- 10.9. Emerson Electric Co.
- 10.10. Danfoss Semco A/S
- 10.11. Johnson Controls plc
- 10.12. Drägerwerk AG & Co. KGaA
- 10.13. KEVTA Fire Systems, Inc.
- 10.14. Blaze Manufacturing Solutions Ltd.
- 10.15. Deluge Offshore & Marine Pte Ltd.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
