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Fire Safety Equipment Market Size Projected to Reach $114.1 billion by 2026 | CAGR 9.1%

Fire Safety Equipment Market Share, Size, Trends, Industry Analysis Report By Product Type (Fire Detection, Fire Suppression, Fire Analysis, Fire Response, Others); By Technology (Active Fire Safety, Passive Fire Safety); … Read More ...

Fire Safety Equipment Market Share, Size, Trends, Industry Analysis Report By Product Type (Fire Detection, Fire Suppression, Fire Analysis, Fire Response, Others); By Technology (Active Fire Safety, Passive Fire Safety); By End-User (Commercial, Residential, Industrial, Others); By Regions, Segments & Forecast 2026

The Global Fire Safety Equipment Market is expected to grow at a CAGR of 9.1% during the forecast period 2019-2026. As per the analysis, the global market was analysed to account $52.4 billion in the year 2017 and estimated to reach $114.1 billion by the end of the year 2026.

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Fire safety equipment are types of devices that provide safety and protection to the users in case of any fire accident. The equipment offers medical support, assistance, protection, warnings to protect the user from conditions that may lead to injuries due to fire accidents. There are various types of Fire safety equipment available in the market such as fire extinguishers, smoke alarms, sprinklers, fire hose reels, fire blankets, signage and first aid kits among others. These equipment are used in educational institutes, manufacturing factories, hospitals, commercial buildings and homes among others.

The fire safety equipment market is driven by various growth factors such as increasing concerns regarding safety, stringent government regulations related to workplace safety, loss of property and rise in accidents due to fire supports, technological advancements in networking and equipment and growing investments in R&D among others. However, high maintenance and implementation cost will limit the market growth during the forecast period.

Segmentation Overview of the Global Fire Safety Equipment Market

The Global Fire Safety Equipment Market is segmented on the basis of Product Type, Technology and End-User. These market segments are further categorized into various sub-segments to study the market in detail.

The Product Type Segment of the Global Fire Safety Equipment Market is Sub-Segmented into:

  • Fire Detection
  • Fire Suppression
  • Fire Analysis
  • Fire Response
  • Others

The Technology Type Segment of the Global Fire Safety Equipment Market is Sub-Segmented into:

  • Active Fire Safety
  • Passive Fire Safety

The End-User Type Segment of the Global Fire Safety Equipment Market is Sub-Segmented into:

  • Commercial
  • Residential
  • Industrial
  • Others

Geographical Overview of the Global Fire Safety Equipment Market

On the basis of geographical segmentation, the global fire safety equipment market was studied across North America (U.S., Canada); Europe (Germany, UK, France); Asia Pacific (China, India, Japan); Latin America (Brazil, Mexico); Middle East & Africa. As per the analysis, the North America market account for the highest market share in the global market in the year 2018. The regional growth is due to stringent government regulations considering adoption of fire protection technology at workplace and other public places. Additionally, increasing demand of fire safety equipment from the mining and manufacturing industries has also contributed significantly in the regional market. On the other hand, rising adherence to building safety codes coupled with the growth in number of automated systems in buildings that supports the market growth over the long-term.

The Asia Pacific regional market is anticipated to grow at the highest CAGR during the forecast period owing to growth in the manufacturing and industrial sectors. Also, growth in demand from commercial, mining and healthcare sectors offers lucrative opportunities for the market growth.

Key Players Insights

Tyco International, Securiton AG, Halma, Johnson Controls, Siemens Building Technologies, United Technologies Corporation, Gentex Corporation, Minimax Viking, Hochiki Corporation and Honeywell are some major players included in the research study of the global fire safety equipment market.

Key Topics Covered
1. Overview and Scope
1.1. Research goal & scope
1.2. Research assumptions
1.3. Research Methodology
1.3.1. Primary data sources
1.3.2. Secondary data sources
1.4. Key take-away
1.5. Stakeholders
2. Executive Summary
2.1. Market Definition
2.2. Market Segmentation
3. Fire Safety Equipment Market Insights
3.1. Fire Safety Equipment– Industry snapshot
3.2. Fire Safety Equipment- Ecosystem analysis
3.3. Fire Safety Equipment Market Dynamics
3.3.1. Fire Safety Equipment– Market Forces
3.3.1.1. Fire Safety Equipment Market Driver Analysis
3.3.1.2. Fire Safety Equipment Market Restraint/Challenges analysis
3.3.1.3. Fire Safety Equipment Market Opportunity Analysis
3.4. Industry analysis – Porter’s five force
3.4.1. Bargaining power of supplier
3.4.2. Bargaining power of buyer
3.4.3. Threat of substitute
3.4.4. Threat of new entrant
3.4.5. Degree of competition
3.5. Fire Safety Equipment Market PEST Analysis, 2016
3.6. Fire Safety Equipment Market Value Chain Analysis
3.7. Fire Safety Equipment Industry Trends
3.8. Competitive Ranking Analysis
4. Fire Safety Equipment Market Size and Forecast by Product Type, 2018-2026
4.1. Key Findings
4.2. Fire Detection
4.3. Fire Suppression
4.4. Fire Analysis
4.5. Fire Response
4.6. Others

5. Fire Safety Equipment Market Size and Forecast by Technology, 2018-2026
5.1. Key Findings
5.2. Active Fire Safety
5.3. Passive Fire Safety
6. Fire Safety Equipment Market Size and Forecast by End-User, 2018-2026
6.1. Key Findings
6.2. Commercial
6.3. Residential
6.4. Industrial
6.5. Others
7. Fire Safety Equipment Market Size and Forecast by Region, 2018-2026
7.1. Key Findings
7.2. North America
7.2.1. US.
7.2.2. Canada
7.2.3. Mexico
7.3. Europe
7.3.1. Germany
7.3.2. UK
7.3.3. France
7.3.4. Italy
7.3.5. Rest of Europe
7.4. Asia-Pacific
7.4.1. China
7.4.2. India
7.4.3. Japan
7.4.4. Rest of Asia-Pacific
7.5. Latin America
7.5.1. Brazil
7.5.2. Middle East & Africa
8. Company Profiles
8.1. Honeywell International
8.1.1. Overview
8.1.2. Financials
8.1.3. Product Benchmarking
8.1.4. Recent Developments
8.2. Nittan Company Ltd.
8.2.1. Overview
8.2.2. Financials
8.2.3. Product Benchmarking
8.2.4. Recent Developments
8.3. United Technologies Corporation
8.3.1. Overview
8.3.2. Financials
8.3.3. Product Benchmarking
8.3.4. Recent Developments
8.4. Bosch Security Systems Inc.
8.4.1. Overview
8.4.2. Financials
8.4.3. Product Benchmarking
8.4.4. Recent Developments
8.5. Johnson Controls Inc.
8.5.1. Overview
8.5.2. Financials
8.5.3. Product Benchmarking
8.5.4. Recent Developments
8.6. Siemens Building Technologies
8.6.1. Overview
8.6.2. Financials
8.6.3. Product Benchmarking
8.6.4. Recent Developments
8.7. Hochiki Corporation
8.7.1. Overview
8.7.2. Financials
8.7.3. Product Benchmarking
8.7.4. Recent Developments
8.8. Minimax Viking GmbH
8.8.1. Overview
8.8.2. Financials
8.8.3. Product Benchmarking
8.8.4. Recent Developments
8.9. Tyco International PLC
8.9.1. Overview
8.9.2. Financials
8.9.3. Product Benchmarking
8.9.4. Recent Developments
8.10. Gentex Corporation
8.10.1. Overview
8.10.2. Financials
8.10.3. Product Benchmarking
8.10.4. Recent Developments

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