India Fire Protection Systems Market Growth by End-user and Type - Forecast and Analysis 2023-2027

Published: Mar 2023 Pages: 131 SKU: IRTNTR71529

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.

What will be the Size of the Fire Protection Systems Market in India During the Forecast Period?

To learn more about this report, View Report Sample

Fire Protection Systems Market in India: Key Drivers, Trends, Challenges, and Customer Landscape

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.

Key Fire Protection Systems Market Driver in India

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. 

Significant Fire Protection Systems Market Trends in India

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. 

Major Fire Protection Systems Market Challenge in India

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. 

Key Fire Protection Systems Market Customer Landscape in India

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

Who are the Major Fire Protection Systems Market Vendors in India?

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:

  • 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.
  • Usha Fire Safety Equipments P Ltd.

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.

What is the Fastest-Growing Segments in the Fire Protection Systems Market in India?

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.

Get a glance at the market contribution of various segments View the PDF Sample

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. 

Segment Overview

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. 

  • Type Outlook (USD Million, 2017 - 2027)
    • Fire suppression
    • Fire response
    • Fire detection
    • Fire analysis
  • End-user Outlook (USD Million, 2017 - 2027)
    • Commercial
    • Industrial
    • Government and institutional
    • Residential

Parent Market Analysis

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.

View the PDF sample

What are the Key Data Covered in this Fire Protection Systems Market in India Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the fire protection systems market in India between 2023 and 2027
  • Precise estimation of the size of the fire protection systems market size in India and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across India
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of the fire protection systems market vendors in India

We can help! Our analysts can customize this market research report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Country Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 07: Parent market
    • Exhibit 08: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 09: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 10: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 11: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 12: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 13: Chart on India: Year-over-year growth 2022-2027 (%)
      • Exhibit 14: Data Table on India: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Fire protection systems market in India 2017 - 2021
      • Exhibit 15: Historic Market Size – Data Table on Fire protection systems market in India 2017 - 2021 ($ million)
    • 4.2 Type Segment Analysis 2017 - 2021
      • Exhibit 16: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.3 End-user Segment Analysis 2017 - 2021
      • Exhibit 17: Historic Market Size – End-user Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 18: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Type

    • 6.1 Market segments
      • Exhibit 25: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 26: Data Table on Type - Market share 2022-2027 (%)
    • 6.2 Comparison by Type
      • Exhibit 27: Chart on Comparison by Type
      • Exhibit 28: Data Table on Comparison by Type
    • 6.3 Fire suppression - Market size and forecast 2022-2027
      • Exhibit 29: Chart on Fire suppression - Market size and forecast 2022-2027 ($ million)
      • Exhibit 30: Data Table on Fire suppression - Market size and forecast 2022-2027 ($ million)
      • Exhibit 31: Chart on Fire suppression - Year-over-year growth 2022-2027 (%)
      • Exhibit 32: Data Table on Fire suppression - Year-over-year growth 2022-2027 (%)
    • 6.4 Fire response - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Fire response - Market size and forecast 2022-2027 ($ million)
      • Exhibit 34: Data Table on Fire response - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Chart on Fire response - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Fire response - Year-over-year growth 2022-2027 (%)
    • 6.5 Fire detection - Market size and forecast 2022-2027
      • Exhibit 37: Chart on Fire detection - Market size and forecast 2022-2027 ($ million)
      • Exhibit 38: Data Table on Fire detection - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Chart on Fire detection - Year-over-year growth 2022-2027 (%)
      • Exhibit 40: Data Table on Fire detection - Year-over-year growth 2022-2027 (%)
    • 6.6 Fire analysis - Market size and forecast 2022-2027
      • Exhibit 41: Chart on Fire analysis - Market size and forecast 2022-2027 ($ million)
      • Exhibit 42: Data Table on Fire analysis - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Chart on Fire analysis - Year-over-year growth 2022-2027 (%)
      • Exhibit 44: Data Table on Fire analysis - Year-over-year growth 2022-2027 (%)
    • 6.7 Market opportunity by Type
      • Exhibit 45: Market opportunity by Type ($ million)
      • Exhibit 46: Data Table on Market opportunity by Type ($ million)

    7 Market Segmentation by End-user

    • 7.1 Market segments
      • Exhibit 47: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on End-user - Market share 2022-2027 (%)
    • 7.2 Comparison by End-user
      • Exhibit 49: Chart on Comparison by End-user
      • Exhibit 50: Data Table on Comparison by End-user
    • 7.3 Commercial - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Commercial - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Commercial - Year-over-year growth 2022-2027 (%)
    • 7.4 Industrial - Market size and forecast 2022-2027
      • Exhibit 55: Chart on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on Industrial - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on Industrial - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on Industrial - Year-over-year growth 2022-2027 (%)
    • 7.5 Government and institutional - Market size and forecast 2022-2027
      • Exhibit 59: Chart on Government and institutional - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Data Table on Government and institutional - Market size and forecast 2022-2027 ($ million)
      • Exhibit 61: Chart on Government and institutional - Year-over-year growth 2022-2027 (%)
      • Exhibit 62: Data Table on Government and institutional - Year-over-year growth 2022-2027 (%)
    • 7.6 Residential - Market size and forecast 2022-2027
      • Exhibit 63: Chart on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 64: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
      • Exhibit 65: Chart on Residential - Year-over-year growth 2022-2027 (%)
      • Exhibit 66: Data Table on Residential - Year-over-year growth 2022-2027 (%)
    • 7.7 Market opportunity by End-user
      • Exhibit 67: Market opportunity by End-user ($ million)
      • Exhibit 68: Data Table on Market opportunity by End-user ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 69: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Drivers, Challenges, and Trends

    • 9.1 Market drivers
      • 9.2 Market challenges
        • 9.3 Impact of drivers and challenges
          • Exhibit 70: Impact of drivers and challenges in 2022 and 2027
        • 9.4 Market trends

          10 Vendor Landscape

          • 10.1 Overview
            • 10.2 Vendor landscape
              • Exhibit 71: Overview on Criticality of inputs and Factors of differentiation
            • 10.3 Landscape disruption
              • Exhibit 72: Overview on factors of disruption
            • 10.4 Industry risks
              • Exhibit 73: Impact of key risks on business

            11 Vendor Analysis

            • 11.1 Vendors covered
              • Exhibit 74: Vendors covered
            • 11.2 Market positioning of vendors
              • Exhibit 75: Matrix on vendor position and classification
            • 11.3 ABC Fire India
              • Exhibit 76: ABC Fire India - Overview
              • Exhibit 77: ABC Fire India - Product / Service
              • Exhibit 78: ABC Fire India - Key offerings
            • 11.4 Brijbasi Fire Safety Systems Pvt. Ltd.
              • Exhibit 79: Brijbasi Fire Safety Systems Pvt. Ltd. - Overview
              • Exhibit 80: Brijbasi Fire Safety Systems Pvt. Ltd. - Product / Service
              • Exhibit 81: Brijbasi Fire Safety Systems Pvt. Ltd. - Key offerings
            • 11.5 Etex NV
              • Exhibit 82: Etex NV - Overview
              • Exhibit 83: Etex NV - Business segments
              • Exhibit 84: Etex NV - Key news
              • Exhibit 85: Etex NV - Key offerings
              • Exhibit 86: Etex NV - Segment focus
            • 11.6 Fireaway Inc.
              • Exhibit 87: Fireaway Inc. - Overview
              • Exhibit 88: Fireaway Inc. - Product / Service
              • Exhibit 89: Fireaway Inc. - Key offerings
            • 11.7 HD Fire Protect Pvt. Ltd.
              • Exhibit 90: HD Fire Protect Pvt. Ltd. - Overview
              • Exhibit 91: HD Fire Protect Pvt. Ltd. - Product / Service
              • Exhibit 92: HD Fire Protect Pvt. Ltd. - Key offerings
            • 11.8 Johnson Controls International Plc.
              • Exhibit 93: Johnson Controls International Plc. - Overview
              • Exhibit 94: Johnson Controls International Plc. - Business segments
              • Exhibit 95: Johnson Controls International Plc. - Key news
              • Exhibit 96: Johnson Controls International Plc. - Key offerings
              • Exhibit 97: Johnson Controls International Plc. - Segment focus
            • 11.9 Kanadia Fyr Fyter Pvt. Ltd.
              • Exhibit 98: Kanadia Fyr Fyter Pvt. Ltd. - Overview
              • Exhibit 99: Kanadia Fyr Fyter Pvt. Ltd. - Product / Service
              • Exhibit 100: Kanadia Fyr Fyter Pvt. Ltd. - Key offerings
            • 11.10 NewAge Fire Protection Industries Pvt. Ltd.
              • Exhibit 101: NewAge Fire Protection Industries Pvt. Ltd. - Overview
              • Exhibit 102: NewAge Fire Protection Industries Pvt. Ltd. - Product / Service
              • Exhibit 103: NewAge Fire Protection Industries Pvt. Ltd. - Key offerings
            • 11.11 Rajyog Fire Services Pvt. Ltd.
              • Exhibit 104: Rajyog Fire Services Pvt. Ltd. - Overview
              • Exhibit 105: Rajyog Fire Services Pvt. Ltd. - Product / Service
              • Exhibit 106: Rajyog Fire Services Pvt. Ltd. - Key offerings
            • 11.12 Robert Bosch GmbH
              • Exhibit 107: Robert Bosch GmbH - Overview
              • Exhibit 108: Robert Bosch GmbH - Business segments
              • Exhibit 109: Robert Bosch GmbH - Key news
              • Exhibit 110: Robert Bosch GmbH - Key offerings
              • Exhibit 111: Robert Bosch GmbH - Segment focus
            • 11.13 Safeguard Industries
              • Exhibit 112: Safeguard Industries - Overview
              • Exhibit 113: Safeguard Industries - Product / Service
              • Exhibit 114: Safeguard Industries - Key offerings
            • 11.14 Safex Fire Services Ltd.
              • Exhibit 115: Safex Fire Services Ltd. - Overview
              • Exhibit 116: Safex Fire Services Ltd. - Product / Service
              • Exhibit 117: Safex Fire Services Ltd. - Key offerings
            • 11.15 Smith and Sharks Projects India Pvt. Ltd.
              • Exhibit 118: Smith and Sharks Projects India Pvt. Ltd. - Overview
              • Exhibit 119: Smith and Sharks Projects India Pvt. Ltd. - Product / Service
              • Exhibit 120: Smith and Sharks Projects India Pvt. Ltd. - Key offerings
            • 11.16 Usha Fire Safety Equipments P Ltd.
              • Exhibit 121: Usha Fire Safety Equipments P Ltd. - Overview
              • Exhibit 122: Usha Fire Safety Equipments P Ltd. - Product / Service
              • Exhibit 123: Usha Fire Safety Equipments P Ltd. - Key offerings
            • 11.17 Vimal Fire Controls Pvt. Ltd.
              • Exhibit 124: Vimal Fire Controls Pvt. Ltd. - Overview
              • Exhibit 125: Vimal Fire Controls Pvt. Ltd. - Product / Service
              • Exhibit 126: Vimal Fire Controls Pvt. Ltd. - Key offerings

            12 Appendix

            • 12.1 Scope of the report
              • 12.2 Inclusions and exclusions checklist
                • Exhibit 127: Inclusions checklist
                • Exhibit 128: Exclusions checklist
              • 12.3 Currency conversion rates for US$
                • Exhibit 129: Currency conversion rates for US$
              • 12.4 Research methodology
                • Exhibit 130: Research methodology
                • Exhibit 131: Validation techniques employed for market sizing
                • Exhibit 132: Information sources
              • 12.5 List of abbreviations
                • Exhibit 133: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

              PURCHASE FULL REPORT OF

              fire protection systems market

              QUICK BUY

              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

              Why should you prefer Technavio's market insights report?

              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis