IMARC Group, a leading market research company, has recently releases report titled “Fire Safety Equipment Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028. The report offers a comprehensive analysis of the industry, which comprises insights on the global fire safety equipment industry size. The global fire safety equipment market size reached US$ 51.5 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 75.5 Billion by 2028, exhibiting a growth rate (CAGR) of 6.37% during 2023-2028.

Fire safety equipment refers to a range of specialized tools, devices, and systems designed to prevent, detect, and combat fires effectively. It comprises fire extinguishers, fire alarms, smoke detectors, fire sprinkler systems, fire hoses, fire blankets, and emergency escape equipment. It is designed to address diverse fire hazards quickly, irrespective of the scale or nature of the fire outbreak. It assists in safeguarding lives, protecting property, and minimizing the devastating impacts of fire incidents in various settings. As it aids in ensuring a safe working environment for employees and customers, the demand for fire safety equipment is increasing across the globe.

Request For Sample Copy of Report: https://www.imarcgroup.com/fire-safety-equipment-market/requestsample

Fire Safety Equipment Market Trends and Drivers:

At present, the rising installation of fire safety equipment in commercial and industrial areas to safeguard the lives of individuals represents one of the major factors supporting the growth of the market. In addition, the growing focus on preventing financial losses associated with fire incidents is providing a positive market outlook. Moreover, the increasing integration of smart technologies in fire safety systems, such as the Internet of Things (IoT)-enabled fire alarms and remote monitoring capabilities, that enhance early detection is offering lucrative growth opportunities to industry investors. Apart from this, the rising focus on industrial safety in manufacturing facilities and oil refineries is strengthening the growth of the market.

Competitive Landscape with Key Player:

• Carrier Global Corporation
• Eaton Corporation plc
• Gentex Corporation, Halma plc
• HOCHIKI Corporation
• Honeywell International Inc.
• Johnson Controls International PLC
• Napco Security Technologies Inc.
• Nittan Co. Ltd. (Secom Co. Ltd.)
• Robert Bosch GmbH
• Siemens AG
• Space Age Electronics Inc.

Fire Safety Equipment Market Report Segmentation:

Breakup by Solution:

• Detection
  • Detectors
  • Alarms
• Suppression
  • Extinguishers
  • Sprinklers

Breakup by Application:

• Commercial
• Industrial
• Residential

Market Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact US

IMARC Group

Email: sales@imarcgroup.com

USA: +1-631-791-1145 | Asia: +91-120-433-0800\

Address: 134 N 4th St. Brooklyn, NY 11249, USA

Follow us on Twitter: @imarcglobal