The global fire safety equipment market was estimated at nearly USD 60 billion in 2019. The industry is further expected to grow at a CAGR of 9% over the forecast period of 2020-2025. The growing demand for advanced fire safety systems in industries including manufacturing, utilities, petrochemical, mining, oil and gas exploration, energy and power, and others, coupled with strict government regulations on fire safety, is expected to drive the growth of the fire safety equipment industry globally.
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Properties and Applications
Fire safety is the set of practices aimed at reducing fire-related destruction. Fire safety measures include practices and equipment designed to prevent an uncontrollable fire from igniting, further limiting the potential development of fire and its effects after it has started.
The global fire safety equipment industry can be divided based on segments like fire detection products, fire detector types, fire extinguishers, applications, and regions.
Based on fire detection products, the industry can be categorised as fire detector and fire alarm. Based on the fire detector type, the industry can be divided into flame, smoke, and heat. Based on fire extinguishers, the industry is segmented into gas, water, and dry chemical powder, among others.
Based on its application, the industry can be segmented as:
The EMR report looks into the regional fire safety equipment markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
Reconstruction activities and the implementation of fire safety codes will have a positive impact on the growth of the fire safety equipment industry. For example, government policies like Japan's Fire Services Law and Building Standards Law and China's Code of Design for Building Fire Protection & Prevention will support the industry growth in the coming years. Technological advancements, including water mist technology, wireless alarm system, and smoke detectors, and the addition of integrated detection systems to building management or facilities are expected to provide a further boost to the industry growth in the forecast period. However, the high initial investment for installing such systems, along with their high maintenance and replacement services cost, is expected to hamper the industry growth in the forecast period.
The report presents a detailed analysis of the following key players in the global fire safety equipment market, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces.
Key Questions Answered in the Market Report:
1.1 Objectives of the Study
1.1.1 Research Objective
1.1.2 Key Findings of the Report
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.5 Market Models
3.1 Market Outlook
3.2 Key Industry Trends
3.3 Market Scope and Segmentation
3.4 Additional Insights
4 Executive Summary
4.1 Key Market Developments
4.2 Market Analysis
4.3 Key Players
4.4 Cost Structure
4.5 Market Revenue and Growth
5 Market Dynamics
5.1 Market Driver Analysis
5.2 Market Restraint Analysis
5.3 Industry Challenges
5.4 Industry Opportunities
6 Global Fire Safety Equipment Market Analysis
6.1 Global Fire Safety Equipment Historical Market (2015-2019) & Forecast (2020-2025)
6.2 Global Fire Safety Equipment Market Breakup by Fire Detection Product
6.2.1 Fire Detectors
6.2.2 Fire Alarms
6.3 Global Fire Safety Equipment Market Breakup by Fire Detection Product: Historical Market (2015-2019) & Forecast (2020-2025)
6.3.1 Fire Detectors
6.3.2 Fire Alarms
6.4 Global Fire Safety Equipment Market Breakup by Fire Detector Type
6.5 Global Fire Safety Equipment Market Breakup by Fire Detector Type: Historical Market (2015-2019) & Forecast (2020-2025)
6.6 Global Fire Safety Equipment Market Breakup by Fire Extinguishers
6.6.3 Dry Chemical Powder
6.7 Global Fire Safety Equipment Market Breakup by Fire Extinguishers: Historical Market (2015-2019) & Forecast (2020-2025)
6.7.3 Dry Chemical Powder
6.8 Global Fire Safety Equipment Market Breakup by Application
6.9 Global Fire Safety Equipment Market Breakup by Application: Historical Market (2015-2019) & Forecast (2020-2025)
6.10 Global Fire Safety Equipment Market Breakup by Region
6.10.1 North America
126.96.36.199 United States of America
188.8.131.52 United Kingdom
6.10.3 Asia Pacific
6.10.4 Latin America
6.10.5 Middle East & Africa
184.108.40.206 Saudi Arabia
220.127.116.11 United Arab Emirates
18.104.22.168 South Africa
6.11 Global Fire Safety Equipment Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
6.11.1 North America
22.214.171.124 United States of America
126.96.36.199 United Kingdom
6.11.3 Asia Pacific
6.11.4 Latin America
6.11.5 Middle East & Africa
188.8.131.52 Saudi Arabia
184.108.40.206 United Arab Emirates
220.127.116.11 South Africa
7 SWOT Analysis
8 Porter’s Five Forces Analysis
8.2 Buyer’s Power
8.3 Supplier’s Power
8.4 New Entrants
8.5 Degree of Rivalry
9 Regional Price Analysis
9.1 North America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.2 Europe Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.3 Asia Pacific Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.4 Latin America Historical Price Trends (2015-2019) & Forecast (2020-2025)
9.5 Middle East & Africa Historical Price Trends (2015-2019) & Forecast (2020-2025)
10 Competitive Landscape & Supplier Analysis
10.1 Robert Bosch GmbH
10.1.1 Company Overview
10.1.2 Financial Analysis
10.2 Eaton Corporation Inc (NYSE: ETN)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.3 Gentex Corporation (NASDAQ: GNTX)
10.3.1 Company Overview
10.3.2 Financial Analysis
10.4 Halma plc (LON: HLMA)
10.4.1 Company Overview
10.4.2 Financial Analysis
10.5 Hochiki Corporation (TYO: 6745)
10.5.1 Company Overview
10.5.2 Financial Analysis
10.6 Honeywell International Inc. (NYSE: HON)
10.6.1 Company Overview
10.6.2 Financial Analysis
10.7 Johnson Controls (NYSE: JCI)
10.7.1 Company Overview
10.7.2 Financial Analysis
10.8 Napco Security Technologies, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
11 Events and Developments
Additional Customization Available:
12 Procurement Strategy
12.1 Value Chain Analysis
12.2 Contract Terms
12.3 Buying and Sourcing Trends
12.4 Storage and Warehousing
12.5 Certifications and Regulations
12.6 Risk Factors
13 Trade Data Analysis
13.1 Major Exporting Countries: By Value and Volume
13.2 Major Importing Countries: By Value and Volume
14 Manufacturing Process
14.1 Detailed Process Flow
14.2 Operations Involved
14.3 Mass Balance
15 Cost Analysis and Project Economics
15.1 Land, Location and Site Development
15.3 Plant Machinery
15.4 Cost of Raw Material
15.9 Other Capital Investment
16 Production Cost Analysis
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