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The fire protection systems market size in India is estimated to grow at a CAGR of 5.62% between 2022 and 2027. The fire protection systems market size in India is forecast to increase by USD 1,580.15 million. The growth of the market depends on several factors, including stringent regulations to install fire protection systems, implementation of unified building codes, and a rise in the development of commercial infrastructure.
This fire protection systems market report in India extensively covers market segmentation by type (fire suppression, fire response, fire detection, and fire analysis) and end-user (commercial, industrial, government and institutional, and residential). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.
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The stringent regulations to install fire protection systems are notably driving the market growth, although the high cost of purchase and maintenance of fire protection systems may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The stringent regulations to install fire protection systems are notably driving the India fire protection systems market growth. The implementation of strict fire protection regulations in India is driving the adoption of fire protection systems. The Indian government is focused on reducing the incidence of fire outbreaks. As a result, governments have mandated fire protection systems in the residential, commercial, and industrial sectors. Regulations require buildings to be equipped with appropriate emergency response systems, most importantly fire protection systems. Governments in various APAC countries are also enacting model building codes that require sprinkler systems to be installed in new homes.
According to the National Building Code of India, all buildings must be protected by automatic sprinkler systems, fire extinguishers, high or medium-speed watering, foaming, and wet risers, depending on occupancy. Installing a fire suppression system is one of the most effective ways to reduce loss of life and property. Therefore, Indian government agencies, manufacturers of fire protection systems, and developers of commercial and residential buildings are promoting the use of fire protection systems. This is driving the growth of the India Fire Protection Systems Market.
The significant technological advancements in fire protection systems are a key trend influencing the India fire protection systems market growth. The market is seeing an increase in vendor spending on R&D activities. There are many innovative applications and solutions available in the market. Rapidly changing technology and consumer preferences are forcing suppliers to offer innovative, highly efficient fire protection systems to survive commercialization in the market. In addition, the significant development of smoke detectors, big data, and IoT technologies have brought the concept of intelligent smoke detectors. This leads to significant growth of smoke detectors in the fire protection system market. The smart smoke alarm is programmable and connects to Wi-Fi networks in commercial spaces and homes. This way, these devices provide smoke detection alarms and easy control via mobile devices. These detectors make it easy to monitor any fire emergencies. Hence, significant technological advancements in fire protection systems are expected to further drive the growth of the India Fire Protection Systems Market during the forecast period.
Along with this, there is a growing demand for automatic fire detection and suppression systems to detect blazes quickly and effectively, thereby reducing the risk of property damage and death. Early detection of fires is possible through the use of automated systems that allow rapid intervention to prevent fires from spreading. To increase safety and efficiency, automatic fire suppression systems can extinguish fires without the help of firefighters. This trend is being accelerated by increased safety concerns and an increase in fire incidents in India, resulting in stricter fire safety laws in the country. The demand for automatic fire protection systems in India is also fueled by the introduction of state-of-the-art technology and the increasing use of building automation systems. Vendors in the Indian fire protection system market are investing in research and development to create innovative, cutting-edge, and effective systems that can adapt to changing consumer demands.
The high cost of purchase and maintenance of fire protection systems are challenging the India fire protection systems market growth. The cost of fire protection systems is high. Therefore, many small and medium enterprises (SMEs) do not like to have these systems in their workplaces. Such enterprises are more likely to choose hand-held fire extinguishing systems such as fire extinguishers and manual systems that are available at a lower cost than automated systems. These systems include significant revenue for installation, maintenance, and support. For start-ups and residents, owning and maintaining a fire protection system has become difficult. These systems require good installation planning and are expensive. The after-sales service that consumers need for proper use of these systems includes an inventory of equipment and spare parts. However, such cumbersome procedures prevent consumers from installing these systems on their premises.
In addition to acquisition and installation costs, the costs associated with retrofitting and upgrading fire protection systems are also significant, hindering the deployment of such systems. Increased safety awareness and regulation of commercial and industrial fire safety standards have led to an increase in fire protection system retrofits or upgrades to existing facilities. When retrofitting high-rise buildings, fire alarms, and fire extinguishing systems are connected to the standpipe system. Building renovations are designed to provide maximum protection with minimal impact on working hours, tenants, or employees. This increases the cost of retrofitting and replacing fire protection systems. Hence, issues related to retrofitting existing buildings are hindering the growth of the India Fire Protection Systems market.
The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Global Fire Protection Systems Market in India Customer Landscape
Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABC Fire India: The company offers different kinds of fire protection equipment, such as fire alarm systems, fire sprinkler systems, fire hydrant pipeline systems, fire suppression systems, automatic detection systems, and fire diversion systems.
The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:
Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.
The market share growth by the fire suppression segment will be significant during the forecast period. Firefighting systems are critical to extinguishing accidental fires and preventing their spread, saving lives, and protecting property from damage. Fire extinguishing systems, which primarily include sprinkler systems and fire extinguishers, help reduce fire hazards by providing an extinguishing medium. When fires or other sources of combustion exceed acceptable levels, fire suppression systems are activated to contain the fire, prevent the spread of the fire, and protect occupants, buildings, and property.
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The fire suppression segment was valued at USD 1,460.83 million in 2017 and continued to grow until 2021. Automatic fire extinguishing systems do not require manual intervention. The increase in fire incidents in the commercial and industrial sectors across India has led various safety agencies to introduce stringent regulations and practices to minimize fire damage. These practices include occupancy limits, electrical codes, and the placement and maintenance of appropriate types of fire extinguishers and sprinkler systems as required by fire authorities. Such measures have increased the demand for fire suppression systems in India. Demand for firefighting systems in India is expected to continue to increase during the forecast period as regulations become more stringent.
The fire protection systems market report in India forecasts market growth by revenue and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
Technavio categorizes the fire protection systems market in India as part of the global diversified support services market within the global commercial services and supplies market. The global diversified support services market primarily includes companies that provide job-focused support services to businesses and governments. This includes companies that provide commercial cleaning services, food and beverage services, equipment repair services, industrial maintenance services, industrial auction houses, warehousing and warehousing, trading services, uniform rentals, and other business support services.
Fire Protection Systems Market Scope in India |
|
Report Coverage |
Details |
Page number |
131 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 5.62% |
Market growth 2023-2027 |
USD 1,580.15 million |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
5.14 |
Competitive landscape |
Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks |
Key companies profiled |
ABC Fire India, Brijbasi Fire Safety Systems Pvt. Ltd., Ceasefire Industries Pvt. Ltd., DeccaLeap Technologies LLP, Etex NV, Fire Fighting Systems AS, Fireaway Inc., HD Fire Protect Pvt. Ltd., Johnson Controls International Plc., Kanadia Fyr Fyter Pvt. Ltd., Magnum Safety India, NewAge Fire Protection Industries Pvt. Ltd., Rajyog Fire Services Pvt. Ltd., Robert Bosch GmbH, Safeguard Industries, Safex Fire Services Ltd., Sayyed Fire System, Smith and Sharks Projects India Pvt. Ltd., Vimal Fire Controls Pvt. Ltd., and Usha Fire Safety Equipments P Ltd. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by End-user
8 Customer Landscape
9 Drivers, Challenges, and Trends
10 Vendor Landscape
11 Vendor Analysis
12 Appendix
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