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Global Fire Safety Systems and Equipment Market Analysis 2023

Increasing fire hazards, growing awareness towards loss from fire incidents and big disbursal in construction activities globally are a number of the key factors that might drive fire safety systems and equipment market globally throughout 2017-23. Rising urban population is prodding the infrastructure development and with strict observation and implementation of fireside safety codes for buildings the market is ready to grow globally. Fire Safety Systems and Equipment Market is anticipated to grow at a CAGR of 7.4% within the forecast period owing to rising construction activities and growing awareness.

Global Fire Safety Systems and Equipment Market (2017-2023): Market Forecast By Types (Fire Fighting Systems and Equipment (Fire Extinguishers (CO2, Dry Chemical, Clean Agent, Foam Fire, Wet Chemical and Water), Fire Suppression Systems (Inert Agent, Halocarbon Agent, Carbon Dioxide, Wet Chemical Fire and Dry Chemical), Fire Sprinkler Systems (Wet Pipe, Dry Pipe, Pre Action, Deluge), Fire Sprinkler Systems, By Component (Sprinkler Heads, Valves, Couplings and Pipes)), Fire Detection and Alarm Systems and Equipment (Smoke Detectors, Heat Detectors, Gas Detectors, Flame Detectors and Beam Detectors), Emergency and Exit Lighting, By Verticals (Residential, Commercial, Industrial, Hospitality, Retail and Oil & Gas), By Regions (North America, South America, Europe, Asia Pacific, Africa and Middle East) and Competitive Landscape

Increasing fire hazards, growing awareness towards loss from fire incidents and huge spending in construction activities globally are some of the key factors that would drive fire safety systems and equipment market globally during 2017-23. Rising urban population is spurring the infrastructure development and with strict monitoring and implementation of fire safety codes for buildings the market is set to grow globally, especially across the Middle East, Africa and Asia-Pacific regions.

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Global Fire Safety Systems and Equipment market is projected to grow at a CAGR of 7.4% during 2017-23. Fire safety systems and equipment market is anticipated to grow in the forecast period due to rising construction activities and growing awareness. Europe and North America have stringent regulations related to fire safety across all sectors. Fire sprinkler systems in the fire fighting systems and equipment segment holds majority of revenue share in global market as these are installed in hospitality, retail and commercial sectors.

Hospitality sector is one of the major application areas for fire safety systems and equipment and growing tourism sector would fuel the market growth as construction of new hotels & resorts is anticipated to lead the way for fire safety systems and equipment in coming years. Some of the key players in Africa fire safety systems and equipment market include- Tyco, UTC, Bosch, Honeywell, Hochiki and Minimax Viking.

The report thoroughly covers the Global fire safety systems & equipment market by types, verticals, regions and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities high growth areas, market drivers which would help the stakeholders to device and align their market strategies according to the current and future market dynamics.

Key Highlights of the Report:
- Historical Data of Global Fire Safety Systems and Equipment Market Revenues for the Period 2014-2016.
- Market Size & Forecast of Global Fire Safety Systems and Equipment Market Revenues until 2023.
- Historical Data of North America Fire Safety Systems and Equipment Market Revenues for the Period 2014-2016.
- Market Size & Forecast of North America Fire Safety Systems and Equipment Market Revenues until 2023.
- Historical Data of South America Fire Safety Systems and Equipment Market Revenues for the Period 2014-2016.
- Market Size & Forecast of South America Fire Safety Systems and Equipment Market Revenues until 2023.
- Historical Data of Europe Fire Safety Systems and Equipment Market Revenues for the Period 2014-2016.
- Market Size & Forecast Europe Fire Safety Systems and Equipment Market Revenues until 2023.
- Historical Data of Africa Fire Safety Systems and Equipment Market Revenues for the Period 2014-2016.
- Market Size & Forecast Africa Fire Safety Systems and Equipment Market Revenues until 2023.
- Historical Data of Middle East Fire Safety Systems and Equipment Market Revenues for the Period 2014-2016.
- Market Size & Forecast Middle East Fire Safety Systems and Equipment Market Revenues until 2023.
- Historical Data of Asia Pacific Fire Safety Systems and Equipment Market Revenues for the Period 2014-2016.
- Market Size & Forecast Asia Pacific Fire Safety Systems and Equipment Market Revenues until 2023.
- Historical Data of Global Fire Safety Systems and Equipment Market Revenues by Types for the Period 2014-2016.
- Market Size & Forecast of Global Fire Safety Systems and Equipment Market Revenues by Types until 2023.
- Historical Data of Global Fire Safety Systems and Equipment Market Revenues by Verticals for the Period 2014-2016.
- Market Size & Forecast of Global Fire Safety Systems and Equipment Market Revenues by Verticals until 2023.

To browse full research report with TOC, click the link below :
https://www.bharatbook.com/defence-security-market-research-reports-750934/global-fire-safety-systems.html

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by: Sandhya Nair



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