Search results for: 'Fire Protection System Market'

Digital technologies have become inevitable in most industries, including fire safety equipment. Fire detection and suppression equipment are increasingly IoT-enabled and integrated with smart building systems using tools such as AI, machine learning (ML), and analytics. This necessitates the convergence and collaboration of fire safety with digita...

Southeast Asia’s fire detection and suppression market is expected to grow at a CAGR of 8.9% from 2015 to 2020 because of the growing building construction industry and stringent fire code regulations. The emergence of smart cities will accelerate the adoption of fire and safety systems that are mandatory in public, commercial, and many industrial ...

Increasing penetration of environment-friendly fire suppression agents and advanced fire detection technologies is playing a critical role in shaping market dynamics. Stricter enforcement of building and fire safety codes will improve not only the awareness but also the penetration of advanced fire safety equipment. This study discusses the market ...

16 Feb 2015  |  Global  |  Market Research

Analysis of the Global Fire and Safety Market

The Revival of the Construction Sector Accelerates Market Demand for Fire Systems

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The global fire and safety market is mature. It comprises a number of large participants that manufacture fire and safety systems. The market is mainly driven by construction activities and the strict enforcement of fire codes. This research service discusses the influence of market dynamics related to distribution channels, vertical markets, and c...

Investments in fire and safety have long been neglected and perceived unnecessary in India due to a lack of return on investment in the market. Today, however, due to growing urbanization and increasing level of income, increased awareness of fire and safety is necessary in order to protect assets and safeguard lives. Accordingly, investments from ...

02 Mar 2016  |  Global  |  Market Research

World Voice Alarm Systems Market, Forecast to 2019

Growth Opportunities to be Driven by Safety Standards in Developed Countries and Dynamic Construction in Developing Countries

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The global voice alarm systems (VAS) market is experiencing dynamic growth as voice-based systems become widely accepted in the market for fire and safety. As regulations and guidelines advance, VAS will begin to be required in more applications, penetrating the lower tiers of the market and opening up mass market opportunities to drive growth. Thi...

This research service covers the Southeast Asian Fire and Safety market. In this study, Fire and Safety includes Fire detection equipment, fire suppression equipment and other equipments related. In addition to the key research findings, this study highlights the market size, presents forecasts, describes the market trends and the competitive lands...

In 2020, the global fire safety equipment revenue declined by 28.7% due to the pandemic. Cancellation and postponement of construction and inauguration of new buildings drastically reduced the revenue from new fire safety equipment installations. Nonetheless, building construction projects largely resumed in 2021, and global economic recovery led t...

The European fire suppression systems market took a major hammering in 2009 as the recession and collapse of construction markets kicked in. The next few years will remain tough as construction remains depressed, although the underlying market drivers of fire and safety solutions remain strong and a return to growth is expected by 2012. This stud...