Market Highlights: The fire protection system are the measures that can prevent fire from becoming severe, its lowering down the influence of unrestrained fires and save properties & lives. The fire protection system are mostly applicable in residential and commercial purposes such as smart homes, oil & gas, energy & power, industries, factories and others. The fire protection system market is rapidly increasing in global regions due to development of automatic fire sprinklers, fire detectors and fire alarms in developed and developing countries. Autronica Fire & Security research and development introduced a premium first plug and play fire detection system in commercial markets that beneficial in providing cost effective, easy to install fire detection system in global market. The market study is being classified by Type (Active Fire Protection Systems and Passive Fire Protection Systems), by Application (Commercial Housing, Bank, Government, Oil Industry, Energy and Power,, Oil & Gas, Transportation and Logistics and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Key Players: The prominent players in the Fire Protection Systems are Johnson Controls (Ireland), United Technologies (United States), Honeywell (United States), Siemens (United States), Halma (United Kingdom), Robert Bosch (Germany), Hochiki (Japan), Minimax Viking (Germany), Gentex (United States), VFP Fire Systems (United States), 3M (United States) and Trelleborg AG (Sweden).
Major Market Development Highlights In October 2, 2018, United Technologies Corporation completely acquired S2 Security where its beneficial in providing collaborative strength to control the fire protection, building automation, heating and ventilation. In August 27, 2018, Honeywell International Inc . launched a new line of addressable fire detection devices with improved protective solutions for modern buildings materials. It also offers advanced system reliability against false alarms.
Key Questions Answered in the Report What will the Fire Protection Systems Market size and the growth rate be in Future? What are the key factors driving the Fire Protection Systems Market? What are the key market trends and macro-economic impacting the growth of the Fire Protection Systems Market? What are the challenges to market growth? Who are the key vendors in the Fire Protection Systems Market? What are the market opportunities and threats faced by the vendors in the Fire Protection Systems Market? Trending factors influencing the market shares of the Manufacturers. What are the key outcomes of the five forces analysis of the Fire Protection Systems Market?
Research Methodology: The top-down and bottom-up approaches are used to estimate and validate the size of the Global Fire Protection Systems market. In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Fire Protection Systems market. In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc. Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Fire Protection System Manufacturers, Fire Protection System Traders, End-Use Market Participants of Different Segments of Fire Protection System, Government and Research Organizations, Associations and Industrial Bodies, Research and Consulting Firms, R&D Institutions and Others. This helps us to gather the data for the players revenue, operating cycle and expense, profit along with product or service growth etc. Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.