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Global Fire Safety Equipment Market: By Fire Detection Product: Fire Detectors, Fire Alarms; By Fire Detector Type: Flame, Smoke, Heat; By Fire Extinguishers: Gas, Water, Dry Others; By Application; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Fire Safety Equipment Market Outlook

The global fire safety equipment market was estimated at nearly USD 60 billion in 2020. The industry is further expected to grow at a CAGR of 9% over the forecast period of 2021-2026.

 

Global Fire Safety Equipment Market

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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.

 

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.

 

Global Fire Safety Equipment Market By Application

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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:

  • Commercial
  • Industrial
  • Residential

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.

 

Global Fire Safety Equipment Market By Region

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Market Analysis

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.

 

Competitive Landscape

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:

  • Robert Bosch GmbH
  • Eaton Corporation Inc (NYSE: ETN)
  • Gentex Corporation 
  • Halma plc 
  • Hochiki Corporation 
  • Honeywell International Inc. 
  • Johnson Controls 
  • Napco Security Technologies, Inc.
  • Others

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

  • How has the global fire safety equipment market performed in the previous years (2016-2020)?
  • What is the forecast assessment of the market for 2021-2026?
  • What are the major drivers for the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major constraints for the historical (2016-2020) and forecast (2021-2026) periods?
  • What are the major demand indicators of the market?
  • Who are the manufacturers of fire safety equipment in the global market?
  • What are the regional price trends of fire safety equipment in the industry globally?
  • What are the import and export trends in the global fire safety equipment market?
  • Who are the top importers and exporters of fire safety equipment in the industry globally?
  • What is the degree of competition in the market?
  • What are the major events and developments taking place within the industry globally?

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    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
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    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 (2016-2020) & Forecast (2021-2026)
    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 (2016-2020) & Forecast (2021-2026)
        6.3.1    Fire Detectors
        6.3.2    Fire Alarms
    6.4    Global Fire Safety Equipment Market Breakup by Fire Detector Type
        6.4.1    Flame
        6.4.2    Smoke
        6.4.3    Heat
    6.5    Global Fire Safety Equipment Market Breakup by Fire Detector Type: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    Flame
        6.5.2    Smoke
        6.5.3    Heat
    6.6    Global Fire Safety Equipment Market Breakup by Fire Extinguishers
        6.6.1    Gas
        6.6.2    Water
        6.6.3    Dry Chemical Powder
        6.6.4    Others
    6.7    Global Fire Safety Equipment Market Breakup by Fire Extinguishers: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Gas
        6.7.2    Water
        6.7.3    Dry Chemical Powder
        6.7.4    Others
    6.8    Global Fire Safety Equipment Market Breakup by Application
        6.8.1    Commercial
        6.8.2    Industrial
        6.8.3    Residential
    6.9    Global Fire Safety Equipment Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.9.1    Commercial
        6.9.2    Industrial
        6.9.3    Residential
    6.10    Global Fire Safety Equipment Market Breakup by Region
        6.10.1    North America
            6.10.1.1    United States of America
            6.10.1.2    Canada
        6.10.2    Europe
            6.10.2.1    Germany
            6.10.2.2    United Kingdom
            6.10.2.3    France
            6.10.2.4    Italy
            6.10.2.5    Others
        6.10.3    Asia Pacific
            6.10.3.1    China
            6.10.3.2    Japan
            6.10.3.3    India
            6.10.3.4    ASEAN
            6.10.3.5    Others
        6.10.4    Latin America
            6.10.4.1    Brazil
            6.10.4.2    Argentina
            6.10.4.3    Mexico
            6.10.4.4    Others
        6.10.5    Middle East & Africa
            6.10.5.1    Saudi Arabia
            6.10.5.2    United Arab Emirates
            6.10.5.3    Nigeria
            6.10.5.4    South Africa
            6.10.5.5    Others
    6.11     Global Fire Safety Equipment Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026)
        6.11.1    North America
            6.11.1.1    United States of America
            6.11.1.2    Canada
        6.11.2    Europe
            6.11.2.1    Germany
            6.11.2.2    United Kingdom
            6.11.2.3    France
            6.11.2.4    Italy
            6.11.2.5    Others
        6.11.3    Asia Pacific
            6.11.3.1    China
            6.11.3.2    Japan
            6.11.3.3    India
            6.11.3.4    ASEAN
            6.11.3.5    Others
        6.11.4    Latin America
            6.11.4.1    Brazil
            6.11.4.2    Argentina
            6.11.4.3    Mexico
            6.11.4.4    Others
        6.11.5    Middle East & Africa
            6.11.5.1    Saudi Arabia
            6.11.5.2    United Arab Emirates
            6.11.5.3    Nigeria
            6.11.5.4    South Africa
            6.11.5.5    Others
7    SWOT Analysis
    7.1    Overview
    7.2    Strengths
    7.3    Weaknesses
    7.4    Opportunities
    7.5    Threats
8    Porter’s Five Forces Analysis
    8.1    Overview
    8.2    Buyer’s Power
    8.3    Supplier’s Power
    8.4    New Entrants
    8.5    Degree of Rivalry
    8.6    Substitutes 
9    Competitive Landscape & Supplier Analysis
    9.1    Robert Bosch GmbH
        9.1.1    Company Overview
        9.1.2    Financial Analysis
    9.2    Eaton Corporation Inc (NYSE: ETN)
        9.2.1    Company Overview
        9.2.2    Financial Analysis
    9.3    Gentex Corporation (NASDAQ: GNTX)
        9.3.1    Company Overview
        9.3.2    Financial Analysis
    9.4    Halma plc (LON: HLMA)
        9.4.1    Company Overview
        9.4.2    Financial Analysis
    9.5    Hochiki Corporation (TYO: 6745)
        9.5.1    Company Overview
        9.5.2    Financial Analysis
    9.6    Honeywell International Inc. (NYSE: HON)
        9.6.1    Company Overview
        9.6.2    Financial Analysis
    9.7    Johnson Controls (NYSE: JCI)
        9.7.1    Company Overview
        9.7.2    Financial Analysis
    9.8    Napco Security Technologies, Inc.
        9.8.1    Company Overview
        9.8.2    Financial Analysis
    9.9    Others
10    Industry Events and Developments

Additional Customisations Available:

1    Cost Analysis 
    1.1    Land, Location and Site Development
    1.2    Construction
    1.3    Plant Machinery
    1.4    Cost of Raw Material
    1.5    Packaging
    1.6    Transportation
    1.7    Utilities
    1.8    Manpower
    1.9    Other Capital Investment

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