Fire Protection Systems Market to Register a Strong Growth by 2016 – 2026

The global fire protection systems market is expected to grow due to several factors such as increasing government mandates and political support regarding the installation of fire protection systems in infrastructure which has resulted in the upsurge of FPS market demand globally.New York, NY -- (SBWIRE) -- 01/25/2017 -- The well assimilation of fire protection products offers reliable fire protection systems. Also, the rising popularity of automated fire protection systems is contributing to the global fire protection systems market growth. The automated FPS offers the quick fire detection and pre-programmed responding that results in minimizing of fire damage risk.

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The increasing risk of accidents related to fire is inducing the demand for fire protection systems market globally. The continuous advancements in the technology of fire protection systems is responsible for the continuous increment in the value of these systems and is resulting in the growth of global fire protection systems market. The manufacturers are making large investments on research and development activities, and are offering advanced and proficient fire protection products to the customers.

Fire Protection Systems Market: Drivers & Restraints

The global fire protection systems market is expected to grow due to several factors such as increasing government mandates and political support regarding the installation of fire protection systems in infrastructure which has resulted in the upsurge of FPS market demand globally. Increasing technological advancements in the equipment is also one of the major factors driving the growth of this lucrative market.

The global fire protection systems market growth will also be supported by the bigger fire protection expenditure from the enterprises that is expected to positively influence the demand of fire protection systems in the near future.

On the other hand, higher capital investments for the fire protection systems' installation are restrictive to the growth of fire protection systems globally.

Fire Protection Systems Market: Segmentation

By technology, the global fire protection systems is segmented as follows:
-Active
-Passive

By End Use, the global fire protection systems market is segmented as follows:
-Educational Institutions
-Banking, Financial Services and Insurance (BFSI)
-Consumer Goods and Retail
-Energy and Power
-Governmental
-Healthcare
-Manufacturing
-Oil and Gas
-Mining
-Transportation and Logistics
-Others (Telecom & IT, Public Utilities and Media)

By product type, the global fire protection systems market is segmented as follows:
-Detectors
-Sprinklers
-Extinguishers
-Alarms

Fire Protection Systems Market: Region-wise Outlook

The fire protection systems market is expected to register a favourable growth for the forecast period, 2015?2025. The European market is projected to endure control on the global fire protection systems market due huge demand of end user industries. Some of the other fastest growing regions in global fire protection systems market are Asian Pacific, Latin America, Middle East and Africa. The North America and Western Europe are expected to register a moderate growth rate owing to the saturation of end use markets in the regions. The Eastern Europe is expected to depict a high growth in the future ahead.

Fire Protection Systems Market: Key Players

The key players in the global fire protection systems market are Gentex Corporation, Hochiki Corporation, Halma PLC, Johnson Controls, Honeywell International Inc., United Technologies Corporation, Robert Bosch GmbH, Siemens AG, Tyco, , VT MAK.

The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to categories such as market segments, geographies, types, technology and applications.

The report covers exhaustive analysis on:

-Market Segments
-Market Dynamics
-Market Size
-Supply & Demand
-Current Trends/Issues/Challenges
-Competition & Companies involved
-Technology
-Value Chain

Regional analysis includes

-North America (U.S., Canada)
-Latin America (Mexico. Brazil)
-Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, Luxembourg)
-Eastern Europe (Poland, Russia)
-Asia Pacific (China, India, ASEAN, Austra ia & New Zealand)
-Japan
-Middle East and Africa (GCC, S. Africa, N. Africa)

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

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Report Highlights:

-Detailed overview of parent market
-Changing market dynamics in the industry
-In-depth market segmentation
-Historical, current and projected market size in terms of volume and value
-Recent industry trends and developments
-Competitive landscape
-Strategies of key players and products offered
-Potential and niche segments, geographical regions exhibiting promising growth
-A neutral perspective on market performance
-Must-have information for market players to sustain and enhance their market footprint

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