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Government Regulations and Booming Construction Drive Demand
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Rising fire accidents, government mandates, and stringent implementation are leading to increased installation of fire protection systems in the Middle East. This, coupled with increasing fire protection expenditure by institutions and enterprises and technological innovations, is driving the overall market. Technology advancement driving adoption and smart integration is the way forward for the industry to scale new heights. Active fire protection systems dominate the market but passive systems are expected to gain greater traction in the forecast period. As of 2015, 95% of the market used active systems. Fire management systems, comprising sprinklers and extinguishers held the largest market share in 2015 and are expected to dominate the market till 2021. Fire detection and response systems comprising of smoke/fire/gas detectors and alarm systems work in tandem with fire management systems. The market for fire analysis software is expected to grow at the highest rate during the forecast period, as the need for proper analysis of past fire accidents can help resolve future fire accidents for they help understand the environmental conditions and surrounding dynamics that led to fire accidents in the past. Saudi Arabia is the largest country in the Middle East for the fire protection market, as the government has commenced numerous infrastructure projects and the country also is the largest in the oil and gas sector. To address the issue of increasing population burden on existing resources, this government has taken up numerous construction and infrastructure projects, which are expected to push demand for fire protection systems. The United Arab Emirates (UAE) remains the largest commercial and residential market in the region. As authorities mandate the implementation of stringent fire protection norms in buildings, the demand for fire protection products is expected to rise. Oman and Qatar are largely oil-dependent economies and also strong users of fire protection products. Some of the key market trends include the rise of smart fire detectors and suppressants, the rise of public–private partnership (PPP) arrangements for investments, enforcement of building codes, and proliferation of Internet of Things (IoT) for the integration of systems. The dominance of international participants Tyco, UTC, and Honeywell over the years in the market shows that they are the most preferred by end users. As they maintain consistency in product quality, performance, and high global standards, they are expected to continue to lead in future as well.NAFFCO is emerging as a leading domestic brand, with more than 12 manufacturing plants in the region. It is one of the largest suppliers for fire protection products to the commercial and residential segments, and is now focusing on expanding its offerings in the oil and gas sector. Saudi’s SFFECO is also a growing local participant; both NAFFCO and SFFECO are the largest exporters in the region. The market is flooded with numerous agents and traders dealing in the supply of fire protection products, resulting in sub-standard products threatening to do more damage in the area of installation.The study covers fire protection market analysis from 2014 till 2021, using primary and secondary inputs and assessment of the derived data.
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