A high growth has been observed in several enterprises in North America in terms of infrastructure development and increase in demand for fire protection systems. In recent years, significant rise in accidents due to fire hazards have further accelerated the demand for comprehensive fire protection solutions. The emerging technologies such as wireless sensory networks, smart buildings, nanotechnology, human machine interface solutions, and various others are entering the fire protection system market which would help safeguard infrastructure and reduce human losses due to fire hazards. Intelligent sensors have networking capabilities, wherein a group of sensors and detectors can communicate easily through control units, leading to higher efficiency in the systems.
The North America fire protection system market report covers various technologies and services that are available in the electronic security and active fire protection market. The market size for North America fire protection is calculated by summing up the components, such as fire detection components such as sensors and detectors & RFID; fire management components such as control panels and interfaces; fire analysis components such as fire mapping & analysis software, fire modeling & simulation software; fire response components such as emergency lighting, voice evacuation & public alerts, secure communication, and fire alarm devices; and services namely engineering services, installation and design, service and maintenance, and managed services included in the fire protection system.
Industries considered in the North America Fire Protection System are Academia and Institutional, BFSI, Consumer Goods and Retail, Energy and Power, Government, Healthcare, Manufacturing, Oil, Gas and Mining, Transportation and Logistics. Among the verticals, major market share is contributed by oil, gas, and mining and transportation, whereas vertical such as healthcare, government, and academia will gear up in coming years.
Verticals, such as oil, gas, mining and transportation have gained high traction in fire protection systems market, while other verticals such as government, healthcare, manufacturing, academia, and institutional are gearing up. Fire protection systems market has opportunities in enhanced human machine interface solutions, seamless intelligent building applications, and wireless sensory networks.
One of the major challenges in fire protection is integrating user interfaces, when multiple solutions are used in the control mechanism. For example, in case of deployment of several fire detectors (or when new ones are planned to be added in future), the user is overburdened to learn different interfaces. Several vendors provide invaluable frameworks that integrate and manage a wide variety of products under one interface. Such frameworks protect the assets and key infrastructures with automatic and semi-automatic solutions and tools, detect, verify and resolve events, such as fire hazard in real-time.
The major players in the North America fire protection systems market are Tyco International (U.S.), United Technologies Corporation (U.S.) Honeywell (U.S.), Bosch Security Systems (Germany), and Halma plc. (U.K.). This research report provides an overview, market study and segmentation based on technology, application, country, and vertical for North America fire protection systems market. Furthermore, the report offers detailed analysis on global trends and forecast, competitive landscape, and analysis on VC and M&A related to fire protection systems market.
North America is expected to contribute the largest market share, followed by Europe. The enterprises in these regions are technically capable to understand and adopt the solutions. U.S. contributes the major market share in the North America fire protection systems market.
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