North America Fire Protection Systems Market to Grow at 5.7% CAGR by 2030
Increase in the number of fire incidences that has led to a rise in casualties, loss of assets and human lives is the key driving factors of the market.
North America Fire Protection Systems Market is expected to grow at a CAGR of 5.7% from 2020-2030, according to a new research report by Next Move Strategy Consulting.
Fire protection systems are introduced to reduce the disastrous impact of fire outbreaks. These systems are used for safeguarding the consumers by detecting and controlling potential fire destruction. In order to prevent casualties and loss of assets from fire hazards, the demand for advanced fire protection systems has increased in recent years. Moreover, North America has been witnessing major infrastructural developments which has further boosted the demand for fire protection system market in this region.
The North America Fire Protection Systems market share has been analyzed based on product, services, industry vertical, and country. Based on product, the market is segmented into fire detection systems, fire management systems, fire response systems, fire analysis & software, and others. Based on services, the market is segmented into consulting & design services and installation & maintenance services. Based on industry vertical, the North America Fire Protection Systems Market is segmented into BFSI, automotive & transport, manufacturing, energy & power, healthcare, oil & gas and mining, and other verticals. Geographic breakdown and analysis of each of the previously mentioned segments is further analysed across countries such as the U.S., Canada, and Mexico.
Browse key industry insights from the report, “North America Fire Protection Systems Market by Products (Fire Detection Systems, Fire Management Systems, Fire Response System, Fire Analysis & Software, and Others), Services (Consulting & design and Installation & maintenance), and Industry Vertical (BFSI, Automotive & Transport, Manufacturing, Energy & Power, Healthcare, Oil & Gas and Mining, and Other Verticals) - Opportunity Analysis and Industry Forecast, 2020-2030”
According to the report, some of the key players in the market are Honeywell International Inc., Johnson Controls, Inc., Siemens AG, Orcus Fire & Risk, Inc., Halma PLC, Robert Bosch GmbH, United Technologies Corporation, Amerex Corporation, Gentex Corporation, and HOCHIKI Corporation. and many more.
Key Insights from the North America Fire Protection Systems Market Report:
- Current and emerging trends along with opportunities are extensively analysed in the North America Fire Protection Systems market report.
- The forecast of the North America Fire Protection Systems market comes along with additional information associated with opportunities, restrains and key drivers in the market.
The report North America Fire Protection Systems Market– is segmented by product, services, industry vertical, and country.
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