Research and Markets has announced the addition of the "Concise Analysis of the International Fire Protection Systems Market – Forecasts & Analysis to 2018" report to their offering.
Increase in spending for the protection of assets from fire hazards, along with robust growth in the build of infrastructure, has led to a boom in the fire protection systems market. Enterprises across the globe have increased their spending on fire protection for safeguarding infrastructure and for reducing human losses. Technologies, such as human machine interface solutions, smart building, wireless sensory networks, and nanotechnology, are making their mark in the fire protection systems market. New advanced sensors have been developed to give accurate data to the control units.
Intelligent sensors have networking capabilities, wherein a group of sensors and detectors can communicate easily through control units, leading to more efficiency in the systems. Distant users can access these intelligent sensors by connecting through LAN/WAN networks. It is forecast that the fire protection systems market will grow from $34.74 billion in 2013 to $66.56 billion in 2018. This represents a compound annual growth rate (CAGR) of 13.9% from 2013 to 2018. Renovation conducts and implementation of recent building and fire safety codes is driving the growth for fire protection systems market. Growth of infrastructure in developed countries is bringing new opportunities in this market.
Key Topics Covered:
3 Market Overview
4 Fire Protection Systems: Market Size And Forecast By Components
5 Fire Protection Systems: Market Size And Forecast, By Services
6 Fire Protection Systems: Market Size And Forecast, By Verticals
7 Fire Protection Systems: Market Size And Forecast By Regions
8 Fire Protection Systems: Market Landscape
9 Company Profiles(Mnm View, Overview, Products & Services, Financials, Swot Analysis And Strategy & Analyst Insights)*