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Fire Protection Systems Market – Global Opportunities & Forecast, 2020-2027

The significant factors contributing to the growth of the fire protection systems market include the growing awareness for the safety and security of assets among consumers, rising construction industry, and increasing human and property loss owing to fire breakouts. <br>Visit: https://www.gmiresearch.com/report/fire-protection-systems-market/<br>

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Fire Protection Systems Market – Global Opportunities & Forecast, 2020-2027

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  1. Report Title Fire Protection Systems Market – Global Opportunities & Forecast, 2020-2027 GMI Research GMI Research See the Future Insights 1

  2. The GMI Research’s market research report is a professional and in-depth study on the current state of the market, which covers numerous aspects of the industry, such as the market size, market status, market trends, and forecast. The market report also offers brief information related to the competitors and the specific growth opportunities with key market drivers. The Fire Protection Systems Market drivers and trends are as follows: The significant factors contributing to the growth of the fire protection systems market include the growing awareness for the safety and security of assets among consumers, rising construction industry, and increasing human and property loss owing to fire breakouts. Moreover, the standards and codes imposed by several regulatory authorities have been implementing to install fire protection systems in residential and non-residential buildings at a global level. Furthermore, rapid urbanization, industrialization, and the growth in the risk of property damage and public safety concerns due to fire accidents are certain factors driving the growth of the segment. Technological advancements and development of advanced equipment, such as wireless fire alarm systems, fire mapping and analysis software, alarms with embedded voice evacuation announcements, extinguishing technology based on mist, hypoxic air fire suppression systems, and infrared smoke detectors are factors propelling the growth of the market globally. On the other hand, high initial costs, variation in raw material prices, concerns regarding false alarms, and detection failure, followed by the high cost of upgrading traditional fire detectors to smart detectors, will hamper the market growth in the upcoming years. Based on the region, the Asia-Pacific region is expected to dominate the market during the forecast period owing to the rising demand, particularly among the developing countries, including India, China, Japan, and South Korea, due to the growing number of construction activities. The increasing population and the growth in the residential sector are further contributing to the installations of fire protection systems in the region. In addition to this, the growing number of hospitals, government offices, educational institutions, and commercial spaces are further accelerating the demand for fire protection equipment, thus, surging the growth of the market in the region. 2

  3. For Additional Insights, Click to Access Complete Report: https://www.gmiresearch.com/report/fire-protection-systems-market/ Key Benefits of the Report: •This report offers an analytical depiction of the fire protection systems market while providing the current trends and future estimations to determine the imminent investment pockets. •This study illustrates every relevant information, including the market drivers, restraints, and emerging opportunities, followed by a detailed analysis of the fire protection systems market share. •The report also provides a detailed fire protection systems market analysis based on competitive intensity and how the competition will take shape over the next six years. Various companies covered in the Fire Protection Systems Market report: •Johnson Controls International Plc •Honeywell International Inc. •Siemens AG •Halma Plc •Robert Bosch GmbH •Napco Security Technologies, Inc. •Hochiki Corporation •VFP Fire Systems, Inc. •S&S Sprinkler Co. LLC. •Argus Fire Protection Company Ltd. Segmentation of the Fire Protection Systems Market: Breakup by Type: •Active Fire Protection Systems •Passive Fire Protection Systems Breakup by Product: •Fire Suppression 3

  4. oFire Suppression Products ▪Fire Detectors and Control Panels ▪Fire Sprinklers, Nozzles, Caps, and Control Heads ▪Fire Suppressor Reagent •Chemical oDry Chemical oWet Chemical •Gaseous oClean agent oCarbon Dioxide (Co2) Clean Agent Fire Suppression System oFM200 Clean Agent Fire Suppression oOther Clean Agent Fire Suppression Systems •Water oWater Mist •Foam oFoam Water •Fire Response oEmergency Lighting Systems oVoice Evacuation and Public Alert Systems oSecure Communication Systems oFire Alarm Devices •Fire Sprinkler System oWet oDry oPre-action oDeluge oOther Fire Sprinkler Systems •Fire Analysis oFire Mapping And Analysis Software oFire Modelling And Simulation Software •Fire Detection oFlame Detectors ▪Single IR (infrared) ▪Single ultraviolet (UV) 4

  5. ▪Dual UV/IR ▪Triple IR (IR3) ▪Multi IR oSmoke Detectors ▪Photoelectric ▪Ionization ▪Dual-Sensor Smoke Detectors oHeat Detectors Breakup by Service: •Maintenance Services •Managed Services •Engineering Services •Installation and Design Services •Others Breakup by Vertical: •Commercial oAcademia and Institutional oRetail oHealthcare oHospitality oBanking, Financial Services, and Insurance (BFSI) •Oil, Gas, and Mining •Manufacturing •Transportation & Logistics •Energy & Power •Residential •Government •Others Breakup by Region: •North America oUnited States of America oCanada 5

  6. •Asia Pacific oChina oJapan oIndia oRest of APAC •Europe oUnited Kingdom oGermany oFrance oSpain oRest of Europe •RoW oBrazil oSouth Africa oSaudi Arabia oUAE oRest of the world (remaining countries of the LAMEA region) About GMI Research GMI Research is a full-service market research and business-consulting organization that offers global as well as medium and small businesses with bespoke industry and market analysis to help them in making the toughest business decision. We have a team of industry experts that provides unbiased insights on reports to best meet the specific needs of our clients. GMI Research’s analysts rely on secondary research to lay down the foundation of every report. We use not only the internal but also the external databases to cull out relevant information of the industry. Our main aim is to keep our clients abridged of the emerging opportunities and challenges in a wide range of industries. We provide step-by-step assistance to our client, through strategic and consulting services to reach a managerial and actionable decision. Featured in the‘Top 20 Most Promising Market Research Consultants’list of Silicon India Magazine in 2018, we at GMI Research are always looking forward to helping businesses stay ahead of the curve. Contact Us Company Name: GMI RESEARCH 6

  7. Email: enquiry@gmiresearch.com Phone: +353 1 442 8820 Address:Level 1, The Chase Carmanhall Road, Sandyford Industrial Estate City: Dublin State: Dublin Country: Ireland Website: https://www.gmiresearch.com/ 7

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