Global Fire Protection System Market Size study, By Product (Fire Suppression, Fire Response, Fire Sprinkler System, Fire Analysis, Fire Detection), By Service (Maintenance Services, Managed Services, Engineering Services, Installation and Design Services, Other Services), By Vertical (Commercial, Oil, Gas, and Mining, Manufacturing, Transportation & Logistics, Energy & Power, Residential, Government, Others), and Regional Forecasts 2022-2028
- BIZ4982694
- 200 Pages
- May 2022
- Semiconductor and Electronics
A fire protection system is a certified product that is designed as per the standards stated by the government and other regulatory bodies to control fire outbreaks. The fire protection system is integrated with smoke control and flame detectors devices that assist during a fire emergency. This system offers services such as installation and design services, managed services, maintenance services, engineering services, and many other services that gains huge popularity in almost all verticals. The thriving growth of the construction industry, execution of stringent government regulation pertaining to fire protection, rising penetration of the wireless technology in fire detection, coupled with the growing incidences of human and property loss due to fire breakouts are the chief driving factor for the global market growth. For instance, as per the report of Statista, in 2017, construction spending stood at USD10.9 trillion in the construction industry across the globe. Also, expenditure on the construction industry is increasing year by year and is projected to reach USD 12.5 trillion by 2030. Accordingly, the growth of the construction industry is surging the demand for fire protection systems that augments the market growth around the world. However, high costs of installation and maintenance of fire protection systems and rising concerns associated with detection failure and false alarms impede the growth of the market over the forecast period of 2022-2028. Also, the growing adoption of water mist systems and high integration of smoke detectors with IoT and big data is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Fire Protection System Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing demand for smart buildings and intelligent houses, and the presence of leading manufacturers such as Honeywell International Inc., Raytheon Technologies Corporation, Gentex Corporation, and many others. Whereas, Asia-Pacific is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as the execution of the stringent regulatory norms, rapid urbanization, and increasing construction activities, would create lucrative growth prospects for the Fire Protection System market across the Asia-Pacific region.
Major market players included in this report are:
Honeywell International, Inc.
Johnson Controls
Raytheon Technologies Corporation
Gentex Corporation
Siemens AG
Robert Bosch GmbH
Halma plc
Eaton Corporation PLC
Carrier Global Corporation
Minimax Viking GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product
Fire Suppression
Fire Response
Fire Sprinkler System
Fire Analysis
Fire Detection
By Service
Maintenance Services
Managed Services
Engineering Services
Installation and Design Services
Other Services
By Vertical
Commercial
Oil, Gas, and Mining
Manufacturing
Transportation & Logistics
Energy & Power
Residential
Government
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Fire Protection System Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Global Fire Protection System Market, by Region, 2020-2028 (USD Billion)
1.2.2. Global Fire Protection System Market, by Product, 2020-2028 (USD Billion)
1.2.3. Global Fire Protection System Market, by Service, 2020-2028 (USD Billion)
1.2.4. Global Fire Protection System Market, by Vertical, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Fire Protection System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Fire Protection System Market Dynamics
3.1. Fire Protection System Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Growth in construction industry
3.1.1.2. Increasing adoption of wireless technology in fire detection
3.1.2. Market Challenges
3.1.2.1. High costs of installation and maintenance of fire protection systems
3.1.2.2. Rising concerns associated with detection failure and false alarms
3.1.3. Market Opportunities
3.1.3.1. Growing adoption of water mist systems
3.1.3.2. Integration of smoke detectors with IoT and big data
Chapter 4. Global Fire Protection System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Fire Protection System Market, by Product
6.1. Market Snapshot
6.2. Global Fire Protection System Market by Product, Performance - Potential Analysis
6.3. Global Fire Protection System Market Estimates & Forecasts by Product 2018-2028 (USD Billion)
6.4. Fire Protection System Market, Sub Segment Analysis
6.4.1. Fire Suppression
6.4.2. Fire Response
6.4.3. Fire Sprinkler System
6.4.4. Fire Analysis
6.4.5. Fire Detection
Chapter 7. Global Fire Protection System Market, by Service
7.1. Market Snapshot
7.2. Global Fire Protection System Market by Service, Performance - Potential Analysis
7.3. Global Fire Protection System Market Estimates & Forecasts by Service 2018-2028 (USD Billion)
7.4. Fire Protection System Market, Sub Segment Analysis
7.4.1. Maintenance Services
7.4.2. Managed Services
7.4.3. Engineering Services
7.4.4. Installation and Design Services
7.4.5. Other Services
Chapter 8. Global Fire Protection System Market, by Vertical
8.1. Market Snapshot
8.2. Global Fire Protection System Market by Vertical, Performance - Potential Analysis
8.3. Global Fire Protection System Market Estimates & Forecasts by Vertical 2018-2028 (USD Billion)
8.4. Fire Protection System Market, Sub Segment Analysis
8.4.1. Commercial
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
Chapter 9. Global Fire Protection System Market, Regional Analysis
9.1. Fire Protection System Market, Regional Market Snapshot
9.2. North America Fire Protection System Market
9.2.1. U.S. Fire Protection System Market
9.2.1.1. Product estimates & forecasts, 2018-2028
9.2.1.2. Service estimates & forecasts, 2018-2028
9.2.1.3. Vertical estimates & forecasts, 2018-2028
9.2.2. Canada Fire Protection System Market
9.3. Europe Fire Protection System Market Snapshot
9.3.1. U.K. Fire Protection System Market
9.3.2. Germany Fire Protection System Market
9.3.3. France Fire Protection System Market
9.3.4. Spain Fire Protection System Market
9.3.5. Italy Fire Protection System Market
9.3.6. Rest of Europe Fire Protection System Market
9.4. Asia-Pacific Fire Protection System Market Snapshot
9.4.1. China Fire Protection System Market
9.4.2. India Fire Protection System Market
9.4.3. Japan Fire Protection System Market
9.4.4. Australia Fire Protection System Market
9.4.5. South Korea Fire Protection System Market
9.4.6. Rest of Asia Pacific Fire Protection System Market
9.5. Latin America Fire Protection System Market Snapshot
9.5.1. Brazil Fire Protection System Market
9.5.2. Mexico Fire Protection System Market
9.6. Rest of The World Fire Protection System Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. Honeywell International, Inc.
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Johnson Controls
10.2.3. Raytheon Technologies Corporation
10.2.4. Gentex Corporation
10.2.5. Siemens AG
10.2.6. Robert Bosch GmbH
10.2.7. Halma plc
10.2.8. Eaton Corporation PLC
10.2.9. Carrier Global Corporation
10.2.10. Minimax Viking GmbH
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
TABLE 1. Global Fire Protection System market, report scope
TABLE 2. Global Fire Protection System market estimates & forecasts by Region 2018-2028 (USD Billion)
TABLE 3. Global Fire Protection System market estimates & forecasts by Product 2018-2028 (USD Billion)
TABLE 4. Global Fire Protection System market estimates & forecasts by Service 2018-2028 (USD Billion)
TABLE 5. Global Fire Protection System market estimates & forecasts by Vertical 2018-2028 (USD Billion)
TABLE 6. Global Fire Protection System market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 7. Global Fire Protection System market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 8. Global Fire Protection System market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 9. Global Fire Protection System market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 10. Global Fire Protection System market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 11. Global Fire Protection System market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 12. Global Fire Protection System market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 13. Global Fire Protection System market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 14. Global Fire Protection System market by segment, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 15. Global Fire Protection System market by region, estimates & forecasts, 2018-2028 (USD Billion)
TABLE 16. U.S. Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 17. U.S. Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 18. U.S. Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 19. Canada Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 20. Canada Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 21. Canada Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 22. UK Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 23. UK Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 24. UK Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 25. Germany Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 26. Germany Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 27. Germany Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 28. RoE Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 29. RoE Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 30. RoE Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 31. China Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 32. China Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 33. China Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 34. India Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 35. India Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 36. India Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 37. Japan Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 38. Japan Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 39. Japan Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 40. RoAPAC Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 41. RoAPAC Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 42. RoAPAC Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 43. Brazil Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 44. Brazil Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 45. Brazil Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 46. Mexico Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 47. Mexico Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 48. Mexico Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 49. RoLA Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 50. RoLA Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 51. RoLA Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 52. Row Fire Protection System market estimates & forecasts, 2018-2028 (USD Billion)
TABLE 53. Row Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 54. Row Fire Protection System market estimates & forecasts by segment 2018-2028 (USD Billion)
TABLE 55. List of secondary sources, used in the study of global Fire Protection System market
TABLE 56. List of primary sources, used in the study of global Fire Protection System market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered
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