Global Airport Fire Safety Equipment Market 2017-2021

Overview of the global airport fire safety equipment market 

Technavio's market research report predicts that the global airport safety equipment market will grow at a CAGR of above 4% during the forecast period. Efforts in lessening the fire impact through improvements in fire sensors and detection are one of the primary factors of the market's growth. Fire sensors and smoke detectors play a significant role in airport safety management systems and to curtail this, development of improved fire detection are undertaken by airport authorities.  Presently, the fire detectors in the airport are assessed based on smoke levels at activation, time to activation, and other factors and researchers are collecting data for various fire situations to improvise on the sensors in the future.

One of the latest trends that will gain traction in the global airport fire safety equipment market is the integration of IoT. Owing to the success experienced by several other industries, using IoT networking in fire protection allows virtual and verified wireless connection compliant with high-security regulatory needs. Moreover, Technavio's market research report predicts that the manufacturers would focus on grasping the fire protection system interface with the network design during the forecast period.

What's your takeaway?

Technavio's industry research report on the Global Airport Fire Safety Equipment Market will help you

• Identify latent opportunities and explorative solutions in the airport fire safety equipment market
• Identify your key competition, and what's making them tick?
• Build a comprehensive marketing plan that's applicable across 50+ countries

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Competitive analysis and key vendors

The global airport fire safety equipment market's growth is reliant on the market conditions, government support, and industry development. The market is largely competitive based on quality, reliability, cost, and aftermarket service. Moreover, the vendors are expected to focus on widening their reach by improvising on their products and investing in innovative, cost-efficient, and effective products.

Key vendors in the market are:

• ANSUL
• Bosch Security Systems
• JENSEN HUGHES
• Siemens
• The Invicta Group

Other prominent vendors include UNITED TECHNOLOGIES, Honeywell International, Firetrace, and Smith & Sharks Projects.

Segmentation by layout and analysis of the airport fire safety equipment market 

• Airport terminal
• Airside

During 2016, airside dominated the layout segment and is expected to continue the dominion over the next four years. The main attributes for the growth of the segment are the strict government regulations and enforced need for fire safety systems.

Geographical segmentation and analysis of the airport fire safety equipment market

• Americas
• APAC
• EMEA

In terms of geography, EMEA dominated the global airport fire safety equipment market during 2016 and is foreseen to continue the domination during the forecast period. Factors like increasing investments in new airports and terminal buildings and a rise in passenger traffic will drive the market's growth in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global airport fire safety equipment market?
• What are the key market trends impacting the global airport fire safety equipment market?
• What are the challenges to market growth?
• Who are the key vendors in the global airport fire safety equipment market?
• What are the market opportunities and threats faced by the vendors in the global airport fire safety equipment market?
• What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
• What are the key outcomes of the five forces analysis of the global airport fire safety equipment market?

Technavio also offers customization on reports based on specific client requirement.

Related reports

• Global Fire Suppression Market 2017-2021
• Global Radiation Detection Products Market 2016-2020
• Global Airport Runway Safety System Market 2017-2021

To offer clients insights into the dynamic supply landscape for the airport fire safety equipment market, Technavio takes into account the present scenario and elaborates on the trends and drivers affecting the aerospace components industry. While analyzing this industry space, the research analysts have noted that the aerospace components industry is witnessing profound market advancements in terms of smart airport solutions and flight management systems, which is likely to create numerous business opportunities in the aerospace and defense industry. Our actionable market intelligence reports provide information on how major players like Honeywell Aerospace, UTC Aerospace Systems, and Zodiac Aerospace are shaping defining the market space by offering advanced product and services across the aerospace and defense sector.

Technavio's analysts have also focused on the global outlook of the aerospace components sector to provide an in-depth market analysis for the airport fire safety equipment market. The upcoming report on airport fire safety equipment also follows a tailor-made and objective approach to identify the forthcoming trend patterns. It has also been observed that there is a growing focus towards making airports more efficient in fire detection and protection. Several airports across the world are being equipped with effective rescue and fire fighting equipment and appliances. To present a holistic picture of the market, market research specialists have calculated the market size and forecasts from a global perspective to understand the buying pattern of consumers and study key vendor profiles. Technavio's extensive competitor vendor analysis assists business firms in strategizing and executing their operations in the respective market. Aerospace components include wings, landing gear, wheels and brakes, indicators, pins, bushings, display components, lubricant and scavenge pump components, and composite structures. Our current reports in this segment cover topics such as military aircraft aerostructure, engine components, MRO, retrofitting, and spare parts components. These market intelligence studies are intended to help businesses build awareness and knowledge of competitors in each of these markets.

Extensive analysis carried out by the analysts estimate that with the widening aviation ecosystem vision, the demand for services related to fire safety and emergency has gained momentum. Technavio's upcoming market research report also takes into account the growth of the other aerospace components markets like the global all-weather landing system market and global aircraft heavy maintenance visit market, which are expected to grow at CAGRs of more than 5% and 6%, respectively by 2020. According to the industry experts, several airports and airlines worldwide are anticipated to integrate fire consultancy services in their operations to improve the overall passenger experience. Our market research reports also offer a detailed view of industry overviews, sales statistics and projections, product innovations, and current analysis of the ongoing research activities.

The upcoming market report for airport fire safety equipment also identifies the key drivers, emerging trends, as well as the challenges that the aerospace components industry is currently experiencing. It also presents insights into the changing competitive landscape to give clients a holistic picture of the future direction of the overall aerospace and defense sector.